Just a small snippet Neuromorphic chip is defined as a chip with...

Just a small snippet


Neuromorphic chip is defined as a chip with parallel architecture with no supervision, as against conventional Von-Neumann model, to perform computation function, and is capable of learning and recognizing patterns in few milliseconds. It consumes very low power and operates at lower frequency rate. The global neuromorphic chip market is expected to grow at a CAGR of 26.31% to reach USD 4,798.96 Million by 2022. This development would be driven by the increasing growth of data analytics and artificial intelligence in the market.
The key application segments of the neuromorphic chip market included in the report are image recognition, speech recognition, and data mining. Of the application segments, the image recognition segment is expected to be the largest contributor to the overall neuromorphic chip market, accounting for a share of ~45.90% of the market in 2016. This report segments the market on the basis of application, end user industry, and geography. The application segments are image recognition, signal processing, and data processing. Image recognition is expected to hold the highest market share and grow at the highest CAGR of 31.73% between 2016 and 2022. The growth in image recognition is attributable to its extensive use across multiple industries. The initial prototypes demonstrated imply that the image recognition application would be driven by video monitoring and medical imaging subapplications. As a result its market size in terms of volume is expected to increase during the forecast period. Signal recognition is expected to hold the second-highest market share and grow at a CAGR of 23.65% between 2016 and 2022.
The neuromorphic chip market is also segmented on the basis of end-user industry into aerospace, defense & military, automotive, medical, consumer, industrial, and other industries. The report covers the market for geographic regions comprising North America, Europe, Asia-Pacific, and the Rest of the World (RoW). Asia-Pacific is expected to have the largest market share in 2016 in terms of value for market of 50.86%. The North American market is expected to grow at the highest CAGR of 33.85% between 2016 and 2022.
The key players in this industry include Samsung Group (South Korea), IBM Corp. (U.S.), Intel Inc. (U.S.), Qualcomm Inc. (U.S.), Hewlett Packard Company (U.S.), General Vision Inc. (U.S.) and others.


Table 1 Demand for High Performance Integrated Circuits and Pattern Recognition Abilities are Expected to Propel the Growth of Neuromorphic Chips
Table 2 Further R&D Investment and Hardware Complexity in Learning Complex Algorithms Would Restrict Development of Neuromorphic Chips
Table 3 Possibility of Innovative Applications and Quest to Reverse-Engineer the Human Brain are Generating New Opportunities for Neuromorphic Chips Market
Table 4 Software Comaprison : Conventional With Neuromorphic Chips
Table 5 Software Compatibility of Neuromorphic Hardware is the Biggest Challenge for Neuromorphc Chips Market
Table 6 Neuromorphic Chip Market, By Application, 2016–2022 (USD Million)
Table 7 Image Recognition Market, By Subapplication, 2016–2022 (USD Million)
Table 8 Image Recognition Market, By End-User Industry, 2016–2022 (USD Million)
Table 9 Image Recognition Market, By Geography, 2016–2022 (USD Million)
Table 10 Signal Processing Market, By Subapplication, 2016–2022 (USD Million)
Table 11 Signal Processing Market, By End-User Industry, 2016–2022 (USD Million)
Table 12 Signal Processing Market, By Geography, 2016–2022 (USD Million)
Table 13 Data Mining Market, By Subapplication, 2016–2022 (USD Million)
Table 14 Data Mining Market, By End-User Industry, 2016–2022 (USD Million)
Table 15 Data Mining Market, By Geography, 2016–2022 (USD Million)
Table 16 Market, By End-User Industry, 2016–2022 (USD Million)
Table 17 Aerospace , Military & Defense Industry: Neuromorphichcip Market Size, 2016–2022 (USD Million)
Table 18 Aerospace, Military & Defense Sector: Neuromorphic Chip Market Size, By Geography, 2016–2022 (USD Million)
Table 19 Automotive Industry: Neuromorphic Chip Market Size, 2016–2022 (USD Million)
Table 20 Automotive Industry :  Market Size, By Geography, 2016–2022 (USD Million)
Table 21 Medical Industry: Market Size, 2018–2022 (USD Million)
Table 22 Medical Industry: Market Size, By Geography, 2016–2022 (USD Million)
Table 23 Consumer Industry: Neuromorphic Chip Market Size, 2016–2022 (USD Million)
Table 24 Consumer Industry: Market Size, By Geography, 2016–2022 (USD Million)
Table 25 Industrial: Neuromorphic Chip Market Size, 2016-2022 (USD Million)
Table 26 Industrial: Neuromorphic Chip Market Size, By Geography, 2016–2022 (USD Million)
Table 27 Other Industries: Neuromorphic Chip Market Size, 2016–2022 (USD Million)
Table 28 Other Industries: Market Size, By Geography, 2016-2022 (USD Million)
Table 29 Global Neuromorphic Chipmarket, By Region, 2016–2022 (USD Million)
Table 30 North America Neuromorphic Chip Market, By End-User Industry, 2016–2022 (USD Million)
Table 31 North America Neuromorphic Chip Market, By Country, 2016–2022 (USD Million)
Table 32 Europe Neuromorphic Chip Market, By End-User Industry, 2016–2022 (USD Million)
Table 33 Europe Neuromorphic Chip Market, By Country, 2016–2022 (USD Million)
Table 34 Asia-Pacific Neuromorphic Chipmarket, By End-User Industry, 2016–2022 (USD Million)
Table 35 Asia-Pacific Neuromorphic Chipmarket, By Country, 2016–2022 (USD Million)
Table 36 RoW Neuromorphic Chip Market, By End-User Industry, 2016–2022 (USD Million)
Table 37 RoW Neuromorphic Chipmarket, By Country, 2016–2022 (USD Million)
Table 38 Qualcomm and IBM are Expected to Lead the Market in 2015
Table 39 Significant Developments

List of Figures (63 Figures)
Figure 1 Markets Covered
Figure 2 Research Design
Figure 3 Research Methodology
Figure 4 Neuromorphic Chip Market Size Estimation Methodology: Bottom-Up Approach
Figure 5 Breakdown of Primary Interviews: By Company Type, Designation, & Region
Figure 6 Market Breakdown and Data Triangulation
Figure 7 Image Recognition is Expected to Dominate the Overall Market During the Forecast Period
Figure 8 Consumer Industry is Expected to Lead the Overall Market
Figure 9 Global Neuromorphic Chips Market, By Region, 2018
Figure 10 Consumer Industry is Expected to Drive the Neuromrophic Chip Market
Figure 11 Image Recognition to Grow at A Higher Rate During the Forecast Period
Figure 12 China is Expected to Hold the Largest Share in the Asia-Pacific Neuromorphic Chip Market in 2018
Figure 13 North American Neuromorphic Chip Market to Grow at the Highest CAGR Between 2016 and 2022
Figure 14 Consumer Industry are Expected to Dominate the Market Between 2016 and 2022
Figure 15 Image Recognition Application has A Promising Future
Figure 16 Architectural Difference: Von Neumann vs Neural Network
Figure 17 Biological Inspiration of Neuromorphic Design By Carver Mead in 1990
Figure 18 Segmentation: By Application
Figure 19 Segmentation: By End-User Industry
Figure 20 Drive for Reduction in Manufacturing and Process Costs Would Lead to New Growth Opportunities
Figure 21 Cost Per Transistor for A Single IC Chip is Rising After the Launch of 28nm Semiconductor Device Fabrication Technology
Figure 22 Potential Value Chain Mapping (2016): Major Value is Added During the Product Definition and Design Phases
Figure 23 Potential Supply Chain of Market
Figure 24 Growing Sensor Market and Increasing Internet of Things
Figure 25 Image Recognition Subapplication Expected to Hold the Largest Market Share Between 2016 and 2022
Figure 26 The Video Monitoring Subapplication of Image Recognition Application Expected to Hold the Highest Share Between 2016 and 2022
Figure 27 The Voice Identification Segment in the Market for Signal Recognition Application Expected to Hold the Highest Share Between 2016 and 2022
Figure 28 The Fingerprint Identication Sub Application of Data Mining Application Expected to Hold the Highest Share Between 2016 and 2022
Figure 29 Neuromorphic Chip Market: By End-User Industry
Figure 30 Neuromorphic Chip Market: Year of Adoption By End-User Industries
Figure 31 The Market for Neuromorphic Chip in the Medical Sector Expected to Witness the Highest Growth Between 2016–2022
Figure 32 The Market for Signal Recognition Application of Neuromorphic Chip to Witness the Highest Growth in Aerospace, Military & Defense Sector Between 2016–2022 (USD Million)
Figure 33 The APAC Market for Neuromorphic Chips Used in Aerospace, Military, & Defense Sector is Expected to Witness the Highest Growth Between 2016-2022
Figure 34 The Market for Image Recognition Application of Neuromorphic Chip Used in the Automotive Industry is Expected to Register the Highest Growth in the Automotive Industry Between 2018–2022
Figure 35 The Asia-Pacific Market for Neuromorphic Chip Used in Automotive Sector is Expected to Witness Highest Growth Between 2018–2022 (USD Million)
Figure 36 The Market for Image Recognition Application of Nueromorphic Chip is Expected to Register the Highest Growth in the Medical Sector Between 2018–2022 (USD Million)
Figure 37 The Asia-Pacific Market for Neuromorphic Chip Used in Medical Sector is Expected to Witness the Highest Growth Between 2018–2022
Figure 38 The Market for Image Recognition Application of Neuromorphic Chip in the Consumer Sector is Expected to Witness the Highest Growth Between 2016-2022 (USD Million)
Figure 39 The North American Market for Neuromorphic Chip Used in Consumer Sector to Witness the Highest Growth Between 2016-2022
Figure 40 The Market for Image Recognition Application of Neuromorphic Chip is Expected to Witness the Highest Growth in the Industrial Sector Between 2018–2022
Figure 41 Asia-Pacific to Witness Highest Growth in Industrial Market Between 2018-2022
Figure 42 The Market for Image Recognition Application of Neuromorphic Chip is Expected to Register the Highest Growth in the Other Industry Between 2018–2022
Figure 43 North America to Witness the Highest Growth in Other Industries Market Between 2018–2022
Figure 44 Benefits of Neuromorphic Chip
Figure 45 Geographic Snapshot (2016–2022) – U.S., Germany and South Korea are Emerging as the Potential Market for Nueromorphic Chips
Figure 46 North America and APAC– an Attractive Destination for All End-User Industries for Neuromorphic Chips
Figure 47 North America to Witness the Highest Growth Between 2016 and 2022
Figure 48 Consumer Sector is Expected to Drive the North America Market Between 2016 and 2022
Figure 49 Consumer Sector is to Hold the Highest Share in the Europe Market Between 2016 and 2022
Figure 50 APAC Market With Respect to the Top Applications and End-User Industries
Figure 51 Consumer Sector to Hold the Highest Share in the Asia-Pacific Neuromorphic Chip Market Between 2016 and 2022 (USD Million)
Figure 52 Consumer Sector is Expected to Hold Highest Share in RoW Market Between 2016 and 2022
Figure 53 Key Strategies Adopted By the Major Players in Market
Figure 54 International Business Machines. : Company Snapshot
Figure 55 IBM Corp:SWOT Analysis
Figure 56 Hewlett Packard: Company Snapshot
Figure 57 HP: SWOT Analysis
Figure 58 Samsung Group.: Company Snapshot
Figure 59 Samsung Group:SWOT Analysis
Figure 60 Intel Inc.: Company Snapshot
Figure 61 Intel Inc. SWOT Analysis
Figure 62 Qualcomm Inc.: Company Snapshot
Figure 63 Qualcomm Inc: SWOT Analysis