Neuromorphic Chip Market Is Going to Hit USD 6.03 Billion by 2023
The global neuromorphic chip market was estimated at USD 1.426 billion in 2017. This market is expected to reach USD 6.03 billion by the end of 2023, recording a CAGR of 27.16% during the forecast period (2018 - 2023). Data analytics, internet of things, and smart sensors, are considered the parent markets for the neuromorphic chip market, as these chips are embedded into hardware used for image recognition, data mining, etc. Yet, the growth of this market is not majorly...
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