Global neuromorphic computing market is expected to grow at a significant rate for the forecast period. Increase in demand for artificial intelligence and machine learning to improve the efficiency and performance of the devices as the combination of these two is expected to revolutionize the business environment by providing needful insights to make smart decisions. These devices are in high demand as they have several benefits over conventional devices such as image recognition, fraud detection, speech recognition, among others. Artificial intelligence technology finds application in various diverse industries comprising of defense, medical, entertainment, telecom, utility, telecom, food & beverages, among others. Neuromorphic chips are able large volume of data in parallel and the information can be stored in the neuromorphic chip itself in comparison to the central processing unit which constantly have to move the information from the memory store thereby leading to excessive power consumption by the device and slows down the optimum speed of processor. Capability of processing and storing information in a single device lowers the requirement of data sharing and movement from one space to another resulting in more efficient computing by the device. High-end investments by market players for research and development activities to produce better performing integrated chips is expected to accelerate the neuromorphic computing market growth.  

Global neuromorphic computing market is segmented into offering, deployment, application, vertical, regional distribution, and company. On the basis of regional analysis, North America is expected to hold major market share for the forecast period, 2022-2026. Technological advancement and presence of major market players in the region is driving the market growth. Rise in awareness regarding the benefits of neuromorphic computing in prominent end-user industries such as military & defense, aerospace, and medical is expected to boost the market demand for the next five years.

The major players operating in the global neuromorphic computing market are IBM Corporation, The Hewlett-Packard Company, Samsung Electronics Co. Ltd, Intel Corporation, Qualcomm Inc., Brain Corporation, General Vision Inc., HRL Laboratories, Vicarious Systems Inc., Knowm Inc., among others. Major companies are developing advanced technologies and launching new services to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new service developments.

Years considered for this report:

Historical Years: 2016-2019

Base Year: 2020

Estimated Year: 2021

Forecast Period: 2022–2026

Objective of the Study:

  • To analyze the historical growth of the market size of global neuromorphic computing market from 2016 to 2019.
  • To estimate and forecast the market size of global neuromorphic computing market from 2020 to 2026 and growth rate until 2026.
  • To classify and forecast global neuromorphic computing market based on offering, deployment, application, vertical, regional distribution, and company.
  • To identify dominant region or segment in the global neuromorphic computing market.
  • To identify drivers and challenges for global neuromorphic computing market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global neuromorphic computing market.
  • To identify and analyze the profile of leading players operating in global neuromorphic computing market.
  • To identify key sustainable strategies adopted by market players in global neuromorphic computing market.


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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of service providers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the service providers who could not be identified due to the limitations of secondary research. TechSci Research analyzed the service providers, distribution channels and presence of all major players across the globe.

TechSci Research calculated the market size of global neuromorphic computing market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

  • Neuromorphic computing service provider companies
  • Market research and consulting firms
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums and alliances related to neuromorphic computing market

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, global neuromorphic computing market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

·         Global Neuromorphic Computing Market, By Offering:

    • Hardware
    • Software
  • Global Neuromorphic Computing Market, By Deployment:
    • Edge Computing
    • Deploy Computing
  • Global Neuromorphic Computing Market, By Application:
    • Image Recognition
    • Signal Recognition
    • Data Mining
  • Global Neuromorphic Computing Market, By Vertical:
    • Aerospace
    • Military
    • Defense
    • Automotive
    • Consumer Electronics
    • Industrial
    • Medical
    • IT & Telecommunication
    • Other
  • Global Neuromorphic Computing Market, By Region:
    • North America
      • United States
      • Canada
      • Mexico
    • Europe
      • France
      • Germany
      • United Kingdom
      • Italy
      • Spain
    • Asia-Pacific
      • China
      • India
      • South Korea
      • Japan
      • Australia

o   Middle East & Africa

      • South Africa
      • Saudi Arabia
      • UAE
    • South America

§  Brazil

§  Argentina

§  Colombia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global neuromorphic computing market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).
Global neuromorphic computing market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at sales@techsciresearch.com

1.    Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Global Neuromorphic Computing Market

4.    Voice of Customer

5.    Executive Summary

6.    Global Neuromorphic Computing Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Offering (Hardware, Software)

6.2.2.     By Deployment (Edge Computing, Deploy Computing)

6.2.3.     By Application (Image Recognition, Signal Recognition, Data Mining)

6.2.4.     By Vertical (Aerospace, Military, Defense, Automotive, Consumer Electronics, Industrial, Medical, IT & Telecommunication, Others)

6.2.5.     By Company (2020)

6.2.6.     By Region

6.3.  Product Market Map

7.    Asia-Pacific Neuromorphic Computing Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Offering

7.2.2.     By Deployment

7.2.3.     By Application

7.2.4.     By Vertical

7.2.5.     By Country

7.3.  Asia-Pacific: Country Analysis

7.3.1.     China Neuromorphic Computing Market Outlook

7.3.1.1.         Market Size & Forecast

7.3.1.1.1.             By Value

7.3.1.2.         Market Share & Forecast

7.3.1.2.1.             By Offering

7.3.1.2.2.             By Deployment

7.3.1.2.3.             By Application

7.3.1.2.4.             By Vertical

7.3.2.     India Neuromorphic Computing Market Outlook

7.3.2.1.         Market Size & Forecast

7.3.2.1.1.             By Value

7.3.2.2.         Market Share & Forecast

7.3.2.2.1.             By Offering

7.3.2.2.2.             By Deployment

7.3.2.2.3.             By Application

7.3.2.2.4.             By Vertical

7.3.3.     South Korea Neuromorphic Computing Market Outlook

7.3.3.1.         Market Size & Forecast

7.3.3.1.1.             By Value

7.3.3.2.         Market Share & Forecast

7.3.3.2.1.             By Offering

7.3.3.2.2.             By Deployment

7.3.3.2.3.             By Application

7.3.3.2.4.             By Vertical

7.3.4.     Japan Neuromorphic Computing Market Outlook

7.3.4.1.         Market Size & Forecast

7.3.4.1.1.             By Value

7.3.4.2.         Market Share & Forecast

7.3.4.2.1.             By Offering

7.3.4.2.2.             By Deployment

7.3.4.2.3.             By Application

7.3.4.2.4.             By Vertical

7.3.5.     Australia Neuromorphic Computing Market Outlook

7.3.5.1.         Market Size & Forecast

7.3.5.1.1.             By Value

7.3.5.2.         Market Share & Forecast

7.3.5.2.1.             By Offering

7.3.5.2.2.             By Deployment

7.3.5.2.3.             By Application

7.3.5.2.4.             By Vertical

8.    Europe Neuromorphic Computing Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Offering

8.2.2.     By Deployment

8.2.3.     By Application

8.2.4.     By Vertical

8.2.5.     By Country

8.3.  Europe: Country Analysis

8.3.1.     France Neuromorphic Computing Market Outlook

8.3.1.1.         Market Size & Forecast

8.3.1.1.1.             By Value

8.3.1.2.         Market Share & Forecast

8.3.1.2.1.             By Offering

8.3.1.2.2.             By Deployment

8.3.1.2.3.             By Application

8.3.1.2.4.             By Vertical

8.3.2.     Germany Neuromorphic Computing Market Outlook

8.3.2.1.         Market Size & Forecast

8.3.2.1.1.             By Value

8.3.2.2.         Market Share & Forecast

8.3.2.2.1.             By Offering

8.3.2.2.2.             By Deployment

8.3.2.2.3.             By Application

8.3.2.2.4.             By Vertical

8.3.3.     United Kingdom Neuromorphic Computing Market Outlook

8.3.3.1.         Market Size & Forecast

8.3.3.1.1.             By Value

8.3.3.2.         Market Share & Forecast

8.3.3.2.1.             By Offering

8.3.3.2.2.             By Deployment

8.3.3.2.3.             By Application

8.3.3.2.4.             By Vertical

8.3.4.     Italy Neuromorphic Computing Market Outlook

8.3.4.1.         Market Size & Forecast

8.3.4.1.1.             By Value

8.3.4.2.         Market Share & Forecast

8.3.4.2.1.             By Offering

8.3.4.2.2.             By Deployment

8.3.4.2.3.             By Application

8.3.4.2.4.             By Vertical

8.3.5.     Spain Neuromorphic Computing Market Outlook

8.3.5.1.         Market Size & Forecast

8.3.5.1.1.             By Value

8.3.5.2.         Market Share & Forecast

8.3.5.2.1.             By Offering

8.3.5.2.2.             By Deployment

8.3.5.2.3.             By Application

8.3.5.2.4.             By Vertical

9.    North America Neuromorphic Computing Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Offering

9.2.2.     By Deployment

9.2.3.     By Application

9.2.4.     By Vertical

9.2.5.     By Country

9.3.  North America: Country Analysis

9.3.1.     United States Neuromorphic Computing Market Outlook

9.3.1.1.         Market Size & Forecast

9.3.1.1.1.             By Value

9.3.1.2.         Market Share & Forecast

9.3.1.2.1.             By Offering

9.3.1.2.2.             By Deployment

9.3.1.2.3.             By Application

9.3.1.2.4.             By Vertical

9.3.2.     Mexico Neuromorphic Computing Market Outlook

9.3.2.1.         Market Size & Forecast

9.3.2.1.1.             By Value

9.3.2.2.         Market Share & Forecast

9.3.2.2.1.             By Offering

9.3.2.2.2.             By Deployment

9.3.2.2.3.             By Application

9.3.2.2.4.             By Vertical

9.3.3.     Canada Neuromorphic Computing Market Outlook

9.3.3.1.         Market Size & Forecast

9.3.3.1.1.             By Value

9.3.3.2.         Market Share & Forecast

9.3.3.2.1.             By Offering

9.3.3.2.2.             By Deployment

9.3.3.2.3.             By Application

9.3.3.2.4.             By Vertical

10.  South America Neuromorphic Computing Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value

10.2.              Market Share & Forecast

10.2.1.  By Offering

10.2.2.  By Deployment

10.2.3.  By Application

10.2.4.  By Vertical

10.2.5.  By Country

10.3.              South America: Country Analysis

10.3.1.  Brazil Neuromorphic Computing Market Outlook

10.3.1.1.      Market Size & Forecast

10.3.1.1.1.           By Value

10.3.1.2.      Market Share & Forecast

10.3.1.2.1.           By Offering

10.3.1.2.2.           By Deployment

10.3.1.2.3.           By Application

10.3.1.2.4.           By Vertical

10.3.2.  Argentina Neuromorphic Computing Market Outlook

10.3.2.1.      Market Size & Forecast

10.3.2.1.1.           By Value

10.3.2.2.      Market Share & Forecast

10.3.2.2.1.           By Offering

10.3.2.2.2.           By Deployment

10.3.2.2.3.           By Application

10.3.2.2.4.           By Vertical

10.3.3.  Colombia Neuromorphic Computing Market Outlook

10.3.3.1.      Market Size & Forecast

10.3.3.1.1.           By Value

10.3.3.2.      Market Share & Forecast

10.3.3.2.1.           By Offering

10.3.3.2.2.           By Deployment

10.3.3.2.3.           By Application

10.3.3.2.4.           By Vertical

11.  Middle East and Africa Neuromorphic Computing Market Outlook

11.1.              Market Size & Forecast

11.1.1.  By Value

11.2.              Market Share & Forecast

11.2.1.  By Offering

11.2.2.  By Deployment

11.2.3.  By Application

11.2.4.  By Vertical

11.2.5.  By Country

11.3.              MEA: Country Analysis

11.3.1.  South Africa Neuromorphic Computing Market Outlook

11.3.1.1.      Market Size & Forecast

11.3.1.1.1.           By Value

11.3.1.2.      Market Share & Forecast

11.3.1.2.1.           By Offering

11.3.1.2.2.           By Deployment

11.3.1.2.3.           By Application

11.3.1.2.4.           By Vertical

11.3.2.  Saudi Arabia Neuromorphic Computing Market Outlook

11.3.2.1.      Market Size & Forecast

11.3.2.1.1.           By Value

11.3.2.2.      Market Share & Forecast

11.3.2.2.1.           By Offering

11.3.2.2.2.           By Deployment

11.3.2.2.3.           By Application

11.3.2.2.4.           By Vertical

11.3.3.  UAE Neuromorphic Computing Market Outlook

11.3.3.1.      Market Size & Forecast

11.3.3.1.1.           By Value

11.3.3.2.      Market Share & Forecast

11.3.3.2.1.           By Offering

11.3.3.2.2.           By Deployment

11.3.3.2.3.           By Application

11.3.3.2.4.           By Vertical

12.  Market Dynamics

12.1.              Drivers

12.2.              Challenges

13.  Market Trends & Developments

14.  Competitive Landscape

14.1.              IBM Corporation

14.2.              The Hewlett-Packard Company

14.3.              Samsung Electronics Co. Ltd

14.4.              Intel Corporation

14.5.              Qualcomm Inc.

14.6.              Brain Corporation

14.7.              General Vision Inc.

14.8.              HRL Laboratories

14.9.              Vicarious Systems Inc.

14.10.            Knowm Inc.

15.  Strategic Recommendations

16.  About Us & Disclaimer