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(IT-NEWSWIRE.COM, April 10, 2018 ) According to Publisher, the Global neuromorphic chip Market is accounted for $1.02 billion in 2015 and is expected to reach $4.56 billion by 2022 growing at a CAGR of 23.8% during the forecast period. Growing demand of artificial intelligence and growing demand of neuromorphic chip in the field of Internet Of Things (IOT) technology are some of the key factors fueling the market growth. Difficulties involved in hardware designing of neuromorphic chips are expected to hinder the market growth. The signal processing function occupied a significant share of neuromorphic chip due to rising application of these chips in different end user industries. North America held the largest market share and is anticipated to sustain its position due to rising demand for neuromorphic chips in the aerospace and defense sector.
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Some of the key players in the market include Hewlett Packard Corp., Qualcomm Inc, International Business Machine Corporation, Samsung Electronics Co. Ltd., Brain Corporation, Lockheed Martin Corporation, General Vision Inc, Vicarious FPC Inc, HRL Laboratories LLC, Intel Corp, MIT Technology and Advanced Semiconductor Engineering.
End-User Covered: - Medical Industry - Military & Defense Sector - Industrial - Aerospace - Automotive Industry - Consumer Sector - Other End Users
Application Covered: - Data Miniing - Image Recognition - Signal Recognition - Other Applications
For more information @ http://www.reportsweb.com/neuromorphic-chip-global-market-outlook-2015-2022 Regions Covered: - North America - US - Canada - Mexico - Europe - Germany - France - Italy - UK - Spain - Rest of Europe - Asia Pacific - Japan - China - India - Australia - New Zealand - Rest of Asia Pacific - Rest of the World - Middle East - Brazil - Argentina - South Africa - Egypt
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Source: EmailWire.Com
Source: EmailWire.com
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