Market Research Reports Global Neuromorphic Computing Market 2019 | Page 2

The major factors driving the growth of the market include growth in the sensors market; rising demand for artificial intelligence and machine learning; increasing adoption of software in applications such as continuous online learning, real-time data streaming, predictive analysis, and data modelling; need for better performing ICs; growing demand for Neuromorphic computing in applications such as video monitoring, machine vision, and voice identification; and the end of Moore’s law leading to new ways of computing. The emerging trend of combining neuroscience computation and embodied models has led to an upsurge in demand for design and development of Neuromorphic chips for brain-based robots and cognitive robots. Rising need for machine learning tools has further contributed to industry expansion. In terms of the geographic analysis, North America is the largest and rapidly growing market for Neuromorphic Computing due to the initiatives taken by major chip designing companies such as IBM Corporation (U.S.), Intel (U.S.), and General Vision (U.S.). The global industry is expected to gain momentum in Asia Pacific and South America due to growing demand for automation in emerging nations such as China, India, and Brazil. Top Key Players in Global Neuromorphic Computing Market: 1 IBM Corporation 2 Hewlett Packard 3 Samsung Electronics co Ltd. 4 Intel Corporation 5 Qualcomm Inc. 6 Brain Corporation 7 General Vision Inc. 8 HRL Laboratories 9 Vicarious and More……….. Region segment: This report is segmented into several key regions, with sales, revenue, market share (%) and growth Rate (%) of Neuromorphic Computing in these regions, from 2013 to 2025 (forecast), covering: North America, Europe, Asia Pacific, Middle East & Africa and South America This study answers to the below key questions: 1 What will the market size be in 2025 and what will the growth rate be? 2 What are the key market trends? 3 What is driving this market? 4 What are the challenges to market growth?