Pune, India -- (SBWIRE) -- 10/25/2018 -- Neuromorphic engineering, also known as neuromorphic computing, was developed describing the use of very-large-scale integration (VLSI) systems containing electronic analog circuits to mimic neuro-biological architectures present in the nervous system.

This means that chips made using those technologies are smart and can represent the human brain. The usage of those chips makes the instrument not only more reliable but also increases its performance. The reason why voice- and gesture-controlled devices work effectively is because of those chips. The usage of these chips is not only limited to one or two functions. High tech robots, future concepts of cars, and others are anticipated to use this technology.

Increase in dependency of software in industries such as aerospace & defense, IT & telecom, and medical and modernization of industries drive the growth of the neuromorphic computing software market. Adoption of speech or biometric recognitions also boost the market. With the increase in wearable devices, IoT is also projected to fuel the growth of the market.

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However, the complexity in implementing and concerns over security & privacy are some of the restraints in the path of its growth.

In 2018, the market size of Neuromorphic Chip is xx million US$ and it will reach xx million US in 2025, growing at a CAGR of xx% from 2018; while in China, the market size is valued at xx million US$ and will increase to xx million US in 2025, with a CAGR of xx% during forecast period.

In this report, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Neuromorphic Chip.

This study researches the market size of Neuromorphic Chip in United States, European Union and China, presents the Neuromorphic Chip production, consumption, value, product price, market share and growth rate by companies, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.

For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2013 to 2018.

In United States, European Union and China market, the following companies are covered:

Applied Brain Research

BrainChip Holdings

General Vision

HRL Laboratories

HP Development Company

IBM Corporation

Intel Corporation

Lockheed Martin Corporation

Qualcomm Technologies

Samsung Electronics

Market Segment by Product Type

Hardware

Software

Market Segment by Application

Image Recognition

Signal Recognition

Data Mining

Key Regions split in this report:

United States

China

European Union

Rest of World (Japan, Korea, India and Southeast Asia)

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The study objectives are:

To analyze and research the Neuromorphic Chip status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.

To present the key Neuromorphic Chip manufacturers, presenting the sales, revenue, market share, and recent development for key players.

To split the breakdown data by regions, type, companies and applications

To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.

To identify significant trends, drivers, influence factors in global and regions

To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market

In this study, the years considered to estimate the market size of Neuromorphic Chip are as follows:

History Year: 2013-2018

Base Year: 2017

Estimated Year: 2018

Forecast Year 2018 to 2025

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