Neuromorphic Computing Market

Industry Overview

The Global Neuromorphic Computing Market is projected to grow from USD 0.023 billion in 2023 to USD 0.56 billion in 2030 at a CAGR of 88.7% during the forecast period from 2025 to 2030.

Neuromorphic computing is a method of computer engineering in which elements of a computer are modeled after systems in the human brain and nervous system which refers to the design of both hardware and software computing elements. Neuromorphic computing systems mimic the neural networks of the brain to perform complex cognitive tasks such as pattern recognition, decision-making and learning. These systems utilize parallel processing and low-power consumption, making them ideal for applications in robotics, sensor networks, artificial intelligence and data analytics. Neuromorphic chips, software algorithms, and neuromorphic sensors are the key components of neuromorphic computing which is driving innovation in both hardware and software development. In a neuromorphic computer, processing and memory are governed by the neurons and the synapses. Neuromorphic computers are meant to be inherently scalable as adding additional neuromorphic chips entails increasing the number of neurons and synapses that can be realized. It is possible to take multiple physical neuromorphic chips and treat them as a single large neuromorphic implementation to run larger and larger networks.

The market is segregated by offering such as hardware and software, where software segment dominates the market and by deployment like edge computing and cloud computing, among which cloud computing shall grow due to flexibility to scale resources. It is also divided on the application into image recognition, signal recognition and data mining and by vertical divided into automotive, consumer electronics, industrial, medical, aerospace, military and defense, IT & telecommunications and others.  

Market Segmentation

Insight by Offering

Based on offering, the Neuromorphic Computing Market is bifurcated into hardware, software and services. Software segment is projected to dominate the market share with the highest CAGR during the forecast period due as it is used in a spectrum of applications such as data modeling, prediction analysis continuous e-learning and real time data streaming.

Insight by Deployment

The Neuromorphic Computing Market is segmented by deployment as edge computing and cloud computing. The Cloud Computing segment is expected to account for the highest market growth during the forecast period due to their flexibility to scale resources and lower hardware and software startup costs.

Insight by Application

By application, the Neuromorphic Computing Market is segregated into image recognition, signal recognition and data mining. Image processing segment is leading the global market for neuromorphic computing due to the advances in image sensors and other processing technologies.  

Insight by Vertical

On the basis of vertical, the Neuromorphic Computing Market is divided into automotive, consumer electronics, industrial, medical, aerospace, military and defense, IT & telecommunications and others. Among these, aerospace, military and defense division is anticipated to hold the Neuromorphic Computing Market as it can handle .data processing faster than any other processor. Neuromorphic computing helps in processing enemy movement data and develop simulations that are based on the data processed.

Global Neuromorphic Computing Market Report Coverage

Industry Dynamics

Growth Drivers

Various factors responsible for the growth of the Neuromorphic Computing Market include mimicking brain functionality in which neuromorphic computing seeks to imitate the design and operation of the human brain, specifically with regard to neural networks. Developments in Machine Learning (ML) and Artificial Intelligence (AI) also plays important role in fueling the market growth. Neuromorphic computing has the potential to analyze complicated data more quickly and energy-efficiently improve. Neuromorphic computing architectures that draw inspiration from the structure of the brain, have the potential to save a substantial amount of energy as compared to conventional computing systems. Large-scale neural networks which are capable of handling ever-more-complex tasks can be developed. Scalability is essential for use in advanced simulations, AI solutions and scientific research. Neuromorphic systems are useful in fields like healthcare, banking, and cybersecurity because they can identify patterns and abnormalities in big information. The development of neuromorphic computing systems is aided by advances in hardware designthe f that draw inspiration from the biological structure of the brain. Innovation in the market is also driven by neuromorphic circuits and designs the focus on replication of neuronal functioning. Today number of businesses, academics and research institutes are collaborating to develop the field of neuromorphic computing. Real-time processing capabilities of neuromorphic computing are advantageous for applications like, IoT, edge AI and smart devices.

Restraints

Energy cost of computing and increasing number of applications in which there are energy constraints (such as edge computing applications) is rising which is the major constraint of the neuromorphic computing market. The development of a full software ecosystem is the another restraint. The initial lay out needed to develop and produce neuromorphic chips may offer a challenge for both new and established businesses. Neuromorphic hardware mimics organic neural networks which is a complex design. The design complexity, optimization of neuromorphic architectures and integration causes limitations for their efficient and scalable implementation. The feasibility of neuromorphic systems may be limited by the high power needs, particularly in battery-operated devices.

Geographic Overview

• North America
• Europe
• Asia Pacific (APAC)
• Rest of the World

Geographically, the Global Neuromorphic Computing Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. Asia Pacific accounted for the largest revenue share as there is increase in adoption of AI, machine learning technologies and expansion of data centers across various cities in the region shall help in the growth of the market.

Competitive Insights

IBM is redefining the future of computing as AI has become a crucial part of our daily life. The processing of data in this system is based on deep neural network architectures. To find new hardware solutions that are more power-efficient and better adapted to the specific signal processing operations of interest is important as the number of parameters in such networks continues to grow exponentially. This problem is tackled by exploring new materials and devices that accelerate deep neural network inference and training.

BrainChip is an Australia-based technology leader in edge AI on-chip processing and learning. It specializes in developing advanced artificial intelligence and machine learning hardware. BrainChip brings common sense to the processing of sensor data, freeing machines to do more with less and enabling them to infer the big picture from the basics.

Key Players Covered in the Report

Key players of Neuromorphic Computing Market are IBM Corporation, Intel Corporation., BrainChip Holdings Ltd., Qualcomm Incorporated., Hewlett Packard Development LP., General Vision Inc., Applied Brain Research Inc., Samsung Electronics Ltd.

Recent Development by Key Players

Cornell Tech (applied sciences and engineering campus in New York City) has joined the BrainChip University AI Accelerator Program. Because of this initiative students shall have access to the tools and resources needed to help usher in an era of intelligent AI solutions with a course focused on brain-inspired computing as a part of the curriculum.

Intel has built the world's largest neuromorphic system code-named Hala Point. This large-scale neuromorphic system, utilizes Intel’s Loihi 2 processor, aims at supporting research for future brain-inspired artificial intelligence (AI) that shall tackle challenges related to the efficiency and sustainability of today’s AI. Hala Point advances Intel’s first-generation large-scale research system to achieve over 10 times more neuron capacity and up to 12 times higher performance.

The global Neuromorphic Computing Market report offers a comprehensive market segmentation analysis along with estimation for the forecast period 2025–2030.

Segments Covered in the Report

• By Offering
  • Hardware
  • Software
  • Services
• By Deployment
  • Edge Computing
  • Cloud Computing
• By Application
  • Image Recognition
  • Signal Recognition
  • Data mining
• By Vertical
  • Automotive
  • Consumer Electronics
  • Industrial
  • Medical
  • Aerospace, Military and Defense
  • IT & Telecommunications
  • Others

Region Covered in the Report

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • U.K.
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe

• Asia-Pacific (APAC)
  • China
  • Japan
  • India
• Rest of the World
  • Brazil
  • Saudi Arabia
  • South Africa
  • U.A.E
  • Other Countries

Source: VynZ Research

Source: VynZ Research

1.    Research Overview
        1.1.    The Report Offers
        1.2.    Market Coverage
                1.2.1.    By Offering
                1.2.2.    By Deployment
                1.2.3.    By Application
                1.2.4.    By Vertical
                1.2.5.    By Region
        1.3.    Research Phases
        1.4.    Limitations
        1.5.    Market Methodology
                1.5.1.  Data Sources
                        1.5.1.1. Primary Research
                        1.5.1.2. Secondary Research
                1.5.2.  Methodology
                        1.5.2.1. Data Exploration
                        1.5.2.2. Forecast Parameters
                        1.5.2.3. Data Validation
                        1.5.2.4. Assumptions
                1.5.3.    Study Period & Data Reporting Unit
2.    Executive Summary
3.    End-user Type Overview
        3.1.    End-user Type Dynamics
                3.1.1.    Market Growth Drivers
                3.1.2.    Market Restraints
                3.1.3.    Key Market Trends
                3.1.4.    Major Opportunities
        3.2.    End-user Type Ecosystem
                3.2.1.    Porter’s Five Forces Analysis
                3.2.2.    Recent Development Analysis
                3.2.3.    Value Chain Analysis
        3.3.    Competitive Insight
                3.3.1.    Competitive Position of End-user Type Players
                3.3.2.    Market Attractive Analysis
                3.3.3.    Market Share Analysis
4.    Global Market Estimate and Forecast
        4.1.    Global Market Overview
        4.2.    Global Market Estimate and Forecast to 2030
5.    Market Segmentation Estimate and Forecast
        5.1.    By Offering 
                5.1.1.  Hardware
                        5.1.1.1. Market Definition
                        5.1.1.2. Market Estimation and Forecast to 2030  
                5.1.2.  Software
                        5.1.2.1. Market Definition
                        5.1.2.2. Market Estimation and Forecast to 2030 
                5.1.3.  Services
                        5.1.3.1. Market Definition
                        5.1.3.2. Market Estimation and Forecast to 2030 
        5.2.    By Deployment 
                5.2.1.  Edge Computing
                        5.2.1.1. Market Definition
                        5.2.1.2. Market Estimation and Forecast to 2030
                5.2.2.  Cloud Computing
                        5.2.2.1. Market Definition
                        5.2.2.2. Market Estimation and Forecast to 2030  
        5.3    By Application
                5.3.1.  Image Recognition
                        5.3.1.1. Market Definition
                        5.3.1.2. Market Estimation and Forecast to 2030    
                5.3.2.  Signal Recognition
                         5.3.2.1. Market Definition
                         5.3.2.2. Market Estimation and Forecast to 2030     
                5.3.3.  Data Mining
                         5.3.3.1. Market Definition
                         5.3.3.2. Market Estimation and Forecast to 2030     
        5.4.    By  Vertical
                5.4.1.    Automotive
                          5.4.1.1. Market Definition
                          5.4.1.2. Market Estimation and Forecast to 2030
                5.4.2.  Consumer Electronics
                        5.4.2.1. Market Definition
                        5.4.2.2. Market Estimation and Forecast to 2030
                5.4.3.  Industrial
                        5.4.3.1. Market Definition
                        5.4.3.2. Market Estimation and Forecast to 2030
                5.4.4.  Medical
                        5.4.4.1. Market Definition
                        5.4.4.2. Market Estimation and Forecast to 2030
                5.4.5.  Aerospace
                        5.4.5.1. Market Definition
                        5.4.5.2. Market Estimation and Forecast to 2030
                5.4.6.  Military and Defence
                        5.4.6.1. Market Definition
                        5.4.6.2. Market Estimation and Forecast to 2030
                5.4.7.  IT & Telecommunications
                        5.4.7.1. Market Definition
                        5.4.7.2. Market Estimation and Forecast to 2030

6.    North America Market Estimate and Forecast
        6.1.    By Offering 
        6.2.    By Deployment 
        6.3.    By Application 
        6.4.    By Vertical
        6.5.    By Country – China, Japan, India, South Korea, and Rest of Asia-Pacific
                6.5.1.    U.S. Market Estimate and Forecast
                6.5.2.    Canada Market Estimate and Forecast
                6.5.3.    Mexico Market Estimate and Forecast
7.    Europe Market Estimate and Forecast
        7.1.    By Offering 
        7.2.    By Deployment 
        7.3.    By Application 
        7.4.    By Vertical
        7.5.    By Country – China, Japan, India, South Korea, and Rest of Asia-Pacific
                7.5.1.    Germany Market Estimate and Forecast
                7.5.2.    France Market Estimate and Forecast
                7.5.3.    U.K. Market Estimate and Forecast
                7.5.4.    Italy Market Estimate and Forecast
                7.5.5.    Spain Market Estimate and Forecast
                7.5.6.    Rest of Europe Market Estimate and Forecast
8.    Asia-Pacific Market Estimate and Forecast
         8.1.    By Offering 
         8.2.    By Deployment 
         8.3.    By Application 
         8.4.    By Vertical
         8.5.    By Country – China, Japan, India, South Korea, and Rest of Asia-Pacific
                8.5.1.    China Market Estimate and Forecast
                8.5.2.    Japan Market Estimate and Forecast
                8.5.3.    India Market Estimate and Forecast
                8.5.4.    South Korea Market Estimate and Forecast
                8.5.5.    Singapore Market Estimate and Forecast
                8.5.6.    Rest of Asia-Pacific Market Estimate and Forecast
9.    Rest of the World (RoW) Market Estimate and Forecast
        9.1.    By Offering 
        9.2.    By Deployment 
        9.3.    By Application 
        9.4.    By Vertical
        9.5.    By Country – Brazil, Saudi Arabia, South Africa, U.A.E., and Other Countries
                9.5.1.    Brazil Market Estimate and Forecast
                9.5.2.    Saudi Arabia Market Estimate and Forecast
                9.5.3.    South Africa Market Estimate and Forecast
                9.5.4.    Other Countries Market Estimate and Forecast
10.    Company Profiles
        10.1.  IBM Corporation
                10.1.1.    Snapshot
                10.1.2.    Overview
                10.1.3.    Offerings
                10.1.4.    Financial Insight
                10.1.5.    Recent Developments
        10.2.   Intel Corporation
                10.2.1.    Snapshot
                10.2.2.    Overview
                10.2.3.    Offerings
                10.2.4.    Financial Insight
                10.2.5.    Recent Developments
        10.3.   BrainChip Holdings Ltd.
                10.3.1.    Snapshot
                10.3.2.    Overview
                10.3.3.    Offerings
                10.3.4.    Financial Insight
                10.3.5.    Recent Developments
        10.4.   Qualcomm Incorporated.
                10.4.1.    Snapshot
                10.4.2.    Overview
                10.4.3.    Offerings
                10.4.4.    Financial Insight
                10.4.5.    Recent Developments
        10.5.   Hewlett Packard Development LP.
                10.5.1.    Snapshot
                10.5.2.    Overview
                10.5.3.    Offerings
                10.5.4.    Financial Insight
                10.5.5.    Recent Developments
        10.6.   General Vision Inc.
                10.6.1.    Snapshot
                10.6.2.    Overview
                10.6.3.    Offerings
                10.6.4.    Financial Insight
                10.6.5.    Recent Developments
        10.7.   Applied Brain Research Inc.
                10.7.1.    Snapshot
                10.7.2.    Overview
                10.7.3.    Offerings
                10.7.4.    Financial Insight
                10.7.5.    Recent Developments
        10.8.   Samsung Electronics Ltd.
                10.8.1.    Snapshot
                10.8.2.    Overview
                10.8.3.    Offerings
                10.8.4.    Financial Insight
                10.8.5.    Recent Developments          
11.    Appendix
        11.1.    Exchange Rates
        11.2.    Abbreviations
Note: Financial insight and recent developments of different companies are subject to the availability of information in the secondary domain.
List of Tables
Table 1  Products
Table 2 Study Periods
Table 3 Data Reporting Unit

Table 4 Global  Neuromorphic Computing Market  Size, By  Product, 2018-2023 (USD Billion)
Table 5 Global  Directed Energy Weapons Market  Size, By  Product, 2025-2030 (USD Billion)
Table 6 Global  Neuromorphic Computing Market  Size, By Deployment, 2018-2023 (USD Billion)
Table 7 Global  Neuromorphic Computing Market  Size, By Deployment, 2025-2030 (USD Billion)
Table 8 Global  Neuromorphic Computing Market  Size, By Application, 2018-2023 (USD Billion)
Table 9 Global  Neuromorphic Computing Market  Size, By Application, 2025-2030 (USD Billion)
Table 10 Global  Neuromorphic Computing Market  Size, By Vertical   Size, 2018-2023 (USD Billion)
Table 11 Global  Neuromorphic Computing Market  Size, By Vertical   Size, 2025-2030 (USD Billion)
Table 12 Global  Neuromorphic Computing Market  Size, by Region, 2018-2023 (USD Billion)
Table 13 Global  Neuromorphic Computing Market  Size, by Region, 2025-2030 (USD Billion)
Table 14 North America  Neuromorphic Computing Market  Size, by  Product, 2018-2023 (USD Billion)
Table 15 North America  Neuromorphic Computing Market  Size, by  Product, 2025-2030 (USD Billion)
Table 16 North America  Neuromorphic Computing Market  Size, By Deployment , 2018-2023 (USD Billion)
Table 17 North America  Neuromorphic Computing Market  Size, By Deployment , 2025-2030 (USD Billion)
Table 18 North America  Neuromorphic Computing Market  Size, By Application , 2018-2023 (USD Billion)
Table 19 North America  Neuromorphic Computing Market  Size, By Application , 2025-2030 (USD Billion)
Table 20 North America  Neuromorphic Computing Market  Size, By Vertical   Size, 2018-2023 (USD Billion)
Table 21 North America  Neuromorphic Computing Market  Size, By Vertical   Size, 2025-2030 (USD Billion)
Table 22 North America  Neuromorphic Computing Market  Size, by Country, 2018-2023 (USD Billion)
Table 23 North America  Directed Energy Weapons Market  Size, by Country, 2025-2030 (USD Billion)
Table 24 Europe  Neuromorphic Computing Market  Size, by  Product, 2018-2023 (USD Billion)
Table 25 Europe  Neuromorphic Computing Market  Size, by  Product, 2025-2030 (USD Billion)
Table 26 Europe  Neuromorphic Computing Market  Size, By Deployment, 2018-2023 (USD Billion)
Table 27 Europe  Neuromorphic Computing Market  Size, By Deployment, 2025-2030 (USD Billion)
Table 28 Europe  Neuromorphic Computing Market  Size, By Application, 2018-2023 (USD Billion)
Table 29 Europe  Neuromorphic Computing Market  Size, By Application, 2025-2030 (USD Billion)
Table 30 Europe  Neuromorphic Computing Market  Size, By Vertical   Size, 2018-2023 (USD Billion)
Table 31 Europe  Neuromorphic Computing Market  Size, By Vertical   Size, 2025-2030 (USD Billion)
Table 32 Europe  Neuromorphic Computing Market  Size, by Country, 2018-2023 (USD Billion)
Table 33 Europe  Neuromorphic Computing Market  Size, by Country, 2025-2030 (USD Billion)
Table 34 Asia-Pacific  Neuromorphic Computing Market  Size, by  Product, 2018-2023 (USD Billion)
Table 35 Asia-Pacific  Neuromorphic Computing Market  Size, by  Product, 2025-2030 (USD Billion)
Table 36 Asia-Pacific  Neuromorphic Computing Market  Size, By Deployment, 2018-2023 (USD Billion)
Table 37 Asia-Pacific  Neuromorphic Computing Market  Size, By Deployment, 2025-2030 (USD Billion)
Table 38 Asia-Pacific  Neuromorphic Computing Market  Size, By Application, 2018-2023 (USD Billion)
Table 39 Asia-Pacific  Neuromorphic Computing Market  Size, By Application, 2025-2030 (USD Billion)
Table 40 Europe  Neuromorphic Computing Market  Size, By Vertical   Size, 2018-2023 (USD Billion)
Table 41 Europe  Neuromorphic Computing Market  Size, By Vertical   Size, 2025-2030 (USD Billion)
Table 42 Asia-Pacific  Neuromorphic Computing Market  Size, by Country, 2018-2023 (USD Billion)
Table 43 Asia-Pacific  Neuromorphic Computing Market  Size, by Country, 2025-2030 (USD Billion)
Table 44 RoW  Neuromorphic Computing Market  Size, by  Product, 2018-2023 (USD Billion)
Table 45 RoW  Neuromorphic Computing Market  Size, by  Product, 2025-2030 (USD Billion)
Table 46 RoW  Neuromorphic Computing Market  Size, By Deployment , 2018-2023 (USD Billion)
Table 47 RoW  Neuromorphic Computing Market  Size, By Deployment , 2025-2030 (USD Billion)
Table 48 RoW  Neuromorphic Computing Market  Size, By Application , 2018-2023 (USD Billion)
Table 49 RoW  Neuromorphic Computing Market  Size, By Application, 2025-2030 (USD Billion)
Table 50 RoW  Neuromorphic Computing Market  Size, By Vertical   Size, 2018-2023 (USD Billion)
Table 51 RoW  Neuromorphic Computing Market  Size, By Vertical   Size, 2025-2030 (USD Billion)
Table 52 RoW  Neuromorphic Computing Market  Size, by Country, 2018-2023 (USD Billion)
Table 53 RoW  Neuromorphic Computing Market  Size, by Country, 2025-2030 (USD Billion)
Table 54 Snapshot – IBM Corporation    
Table 55 Snapshot – Intel Corporation
Table 56 Snapshot – BrainChip Holdings Ltd.
Table 57 Snapshot – Qualcomm Incorporated.
Table 58 Snapshot – Hewlett Packard Development LP.
Table 59 Snapshot – General Vision Inc.
Table 60 Snapshot – Applied Brain Research Inc.
Table 61 Snapshot – Samsung Electronics Ltd.

List of Figures

Figure 1 Market Coverage
Figure 2 Research Phases
Figure 3 Secondary Products for Different Parameters
Figure 4 Methodology
Figure 5 Data Mining & Exploration
Figure 6 Data Triangulation
Figure 7 Assumptions for Market Estimation and Forecast
Figure 8 Market Synopsis
Figure 9  Global Neuromorphic Computing Market - Growth Drivers and Restraints
Figure 10 Competitive Benchmark
Figure 11 Global Neuromorphic Computing Market Highlight
Figure 12 Global Neuromorphic Computing Market Size, By Offering, 2018 – 2030 (USD Billion)
Figure 13 Global Neuromorphic Computing Market Size, By Deployment 2018 – 2030 (USD Billion)
Figure 14 Global Neuromorphic Computing Market Size, By Application 2018 – 2030 (USD Billion)
Figure 15 Global Neuromorphic Computing Market Size, by  Range   2018 – 2030 (USD Billion)
Figure 16 Global Neuromorphic Computing Market Size, by Region, 2018 – 2030 (USD Billion)
Figure 17 North America Neuromorphic Computing Market Highlight
Figure 18 North America Neuromorphic Computing Market Size, By Offering, 2018 – 2030 (USD Billion)
Figure 19 North America Neuromorphic Computing Market Size, By Deployment 2018–2030 (USD Billion)
Figure 20 North America Neuromorphic Computing Market Size, By Application 2018–2030 (USD Billion)
Figure 21 North America Neuromorphic Computing Market Size, by  Range   2018–2030 (USD Billion)
Figure 22 North America Neuromorphic Computing Market Size, by Country, 2018 – 2030 (USD Billion)
Figure 23 Europe Neuromorphic Computing Market Highlight
Figure 24 Europe Neuromorphic Computing Market Size, By Offering, 2018 – 2030 (USD Billion)
Figure 25 Europe Neuromorphic Computing Market Size, By Deployment 2018 – 2030 (USD Billion)
Figure 26 Europe Neuromorphic Computing Market Size, By Application 2018 – 2030 (USD Billion)
Figure 27 Europe Neuromorphic Computing Market Size, by  Range   2018 – 2030 (USD Billion)
Figure 28 Europe Neuromorphic Computing Market Size, by Country, 2018 – 2030 (USD Billion)
Figure 29 Asia-Pacific Neuromorphic Computing Market Highlight
Figure 30 Asia-Pacific Neuromorphic Computing Market Size, By Offering, 2018 – 2030 (USD Billion)
Figure 31 Asia-Pacific Neuromorphic Computing Market Size, By Deployment 2018 – 2030 (USD Billion)
Figure 32 Asia-Pacific Neuromorphic Computing Market Size, By Application 2018 – 2030 (USD Billion)
Figure 33 Asia-Pacific Neuromorphic Computing Market Size, by  Range   2018 – 2030 (USD Billion)
Figure 34 Asia-Pacific Neuromorphic Computing Market Size, by Country, 2018 – 2030 (USD Billion)
Figure 35 RoW Neuromorphic Computing Market Highlight
Figure 36 RoW Neuromorphic Computing Market Size, By Offering, 2018 – 2030 (USD Billion)
Figure 37 RoW Neuromorphic Computing Market Size, By Deployment 2018 – 2030 (USD Billion)
Figure 38 RoW Neuromorphic Computing Market Size, By Application 2018 – 2030 (USD Billion)
Figure 39 RoW Neuromorphic Computing Market Size, by  Range   2018 – 2030 (USD Billion)
Figure 40 RoW Neuromorphic Computing Market Size, by Country, 2018 – 2030 (USD Billion)