Market Overview:
The global brain-like computing chip market is expected to grow at a CAGR of xx% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for brain-like computing chips in consumer electronics, wearable medical devices, industrial internet of things (IIoT), and other applications. Some of the key players operating in this market are Intel Corporation (US), IBM Corporation (US), Google Inc. (US), Microsoft Corporation (US), and NVIDIA Corporation(US).
Product Definition:
A brain-like computing chip is a type of computer chip that is designed to mimic the way the human brain processes information. This type of chip is important because it can help to improve the performance of computers and increase their efficiency.
Image Identification:
The global image identification market size was valued at USD 1.5 billion in 2015 and is expected to grow at a CAGR of XX% over the forecast period. Image identification is an important part of any brain-like computing system as it enables the extraction of high level features from images. The technology has been used in various applications such as face recognition, content based image retrieval, and automated photo organization among others.
Signal Processing:
Signal processing is the conversion of analog signals to digital signals and vice-versa. It's used in various applications such as image processing, sound recording & reproduction, motion detection, data transmission & reception and brain-like computing chip. The signal processing technology has been witnessing significant growth over the past few years owing to its increasing application areas in different industry verticals such as healthcare & life sciences, consumer electronics & semiconductors among others.
Application Insights:
The consumer electronics segment accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. The growing demand for smart devices, which offer enhanced functionality, has created a need for brain-like computing chips that can process information quickly and deliver desired results. These chips are used in smartphones, wearable devices and tablets as well as laptops and desktops. They are also embedded in set-top boxes (STB), digital televisions (DTV) or smart tvs along with other home appliances such as washing machines or dishwashers among others.
The industrial internet of things (IIoT) segment is anticipated to witness considerable growth over the forecast period owing to increasing adoption of brain-like computing chip solutions across various industry verticals including energy & utilities, automotive & transportation among others. IIoT enables advanced connectivity between physical objects called Things (e.g., sensors on vehicles) and virtual environments called Sensors( networks).
Regional Analysis:
North America dominated the global market in 2017. The growth can be attributed to increasing investments in R&D and technological advancements coupled with high adoption of IoT technologies. Moreover, presence of major technology players such as Intel Corporation; Google LLC; Qualcomm Inc.; Microsoft Corporation; IBM Corporation; Hewlett Packard Enterprise Development LP and others is expected to drive the regional market further.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to rising disposable income, growing population, rapid urbanization along with increasing demand for consumer electronics products such as smartphones and laptops among others which incorporate brain-like computing capabilities are expected drive regional market growth over the forecast period. Furthermore, rise in industrial automation coupled with increased need for data analysis has led manufacturers operating within this industry segment adopt these chipsets within their product offerings thereby driving regional demand over the projected period.
Growth Factors:
- Increasing demand for brain-like computing chips from the automotive industry for advanced driver assistance systems (ADAS) and autonomous vehicles.
- Growing demand for brain-like computing chips from the defense sector for applications such as intelligent battlefield management and unmanned aerial vehicles (UAVs).
- Increasing demand for brain-like computing chips from the medical sector for diagnosis and treatment of neurological disorders.
- Rising popularity of artificial intelligence (AI) and machine learning applications, which require high performance brain-like computing chips to function effectively.
- Proliferation of Internet of Things (IoT) devices, which will require large numbers of low power, low cost brain-like computing chips to handle the massive data processing requirements
Scope Of The Report
Report Attributes
Report Details
Report Title
Brain-like Computing Chip Market Research Report
By Type
Image Identification, Signal Processing, Data Mining
By Application
Consumer Electronics, Wearable Medical Devices, Industrial Internet of Things, Others
By Companies
Intel Corporation, IBM Corporation, Eta Compute, nepes, GrAI Matter Labs, GyrFalcon, aiCTX, BrainChip Holdings
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
210
Number of Tables & Figures
147
Customization Available
Yes, the report can be customized as per your need.
Global Brain-like Computing Chip Market Report Segments:
The global Brain-like Computing Chip market is segmented on the basis of:
Types
Image Identification, Signal Processing, Data Mining
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Consumer Electronics, Wearable Medical Devices, Industrial Internet of Things, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Intel Corporation
- IBM Corporation
- Eta Compute
- nepes
- GrAI Matter Labs
- GyrFalcon
- aiCTX
- BrainChip Holdings
Highlights of The Brain-like Computing Chip Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Image Identification
- Signal Processing
- Data Mining
- By Application:
- Consumer Electronics
- Wearable Medical Devices
- Industrial Internet of Things
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Brain-like Computing Chip Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A brain-like computing chip is a computer chip that mimics the functionality of a human brain. Brain-like chips could be used in future computers to improve performance and allow for more complex tasks to be carried out.
Some of the key players operating in the brain-like computing chip market are Intel Corporation, IBM Corporation, Eta Compute, nepes, GrAI Matter Labs, GyrFalcon, aiCTX, BrainChip Holdings.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Brain-like Computing Chip Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Brain-like Computing Chip Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Brain-like Computing Chip Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Brain-like Computing Chip Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Brain-like Computing Chip Market Size & Forecast, 2020-2028 4.5.1 Brain-like Computing Chip Market Size and Y-o-Y Growth 4.5.2 Brain-like Computing Chip Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Image Identification
5.2.2 Signal Processing
5.2.3 Data Mining
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Consumer Electronics
6.2.2 Wearable Medical Devices
6.2.3 Industrial Internet of Things
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Brain-like Computing Chip Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Brain-like Computing Chip Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Image Identification
9.6.2 Signal Processing
9.6.3 Data Mining
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Consumer Electronics
9.10.2 Wearable Medical Devices
9.10.3 Industrial Internet of Things
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Image Identification
10.6.2 Signal Processing
10.6.3 Data Mining
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Consumer Electronics
10.10.2 Wearable Medical Devices
10.10.3 Industrial Internet of Things
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Image Identification
11.6.2 Signal Processing
11.6.3 Data Mining
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Consumer Electronics
11.10.2 Wearable Medical Devices
11.10.3 Industrial Internet of Things
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Image Identification
12.6.2 Signal Processing
12.6.3 Data Mining
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Consumer Electronics
12.10.2 Wearable Medical Devices
12.10.3 Industrial Internet of Things
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Image Identification
13.6.2 Signal Processing
13.6.3 Data Mining
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Consumer Electronics
13.10.2 Wearable Medical Devices
13.10.3 Industrial Internet of Things
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Brain-like Computing Chip Market: Competitive Dashboard
14.2 Global Brain-like Computing Chip Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Intel Corporation
14.3.2 IBM Corporation
14.3.3 Eta Compute
14.3.4 nepes
14.3.5 GrAI Matter Labs
14.3.6 GyrFalcon
14.3.7 aiCTX
14.3.8 BrainChip Holdings