This report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
The neuromorphic chips market size has grown rapidly in recent years. It will grow from $0.68 billion in 2024 to $0.78 billion in 2025 at a compound annual growth rate (CAGR) of 14.8%. The growth in the historic period can be attributed to better-performing integrated circuits, adoption of speech recognition or biometric recognition, advancements in al and machine learning, and efficient power consumption.
The neuromorphic chips market size is expected to see rapid growth in the next few years. It will grow to $1.24 billion in 2029 at a compound annual growth rate (CAGR) of 12.4%. The growth in the forecast period can be attributed to growing demand for neuromorphic computing in defense and aerospace, increasing investment in research and development by companies, increasing adoption of IoT and M2M communication, rising demand for edge computing, and neuromorphic hardware in robotics. Major trends in the forecast period include new technological advancement, advancements in al and machine learning, increasing investments, and mergers and acquisition.
The increasing demand for robotics and automation is anticipated to drive the growth of the neuromorphic chips market in the future. Robotics and automation involve the application of computers, control systems, and information technology to manage industrial processes and machinery. Neuromorphic chips are utilized in robotics and automation to harness brain-inspired computing principles, enhancing the capabilities of automated systems and robots. For example, in September 2024, the International Federation of Robotics, a Germany-based non-profit organization, reported that industrial robot installations in Europe rose by 9% in 2023, reaching a record high of 92,393 units. Notably, 80% of these installations occurred within the European Union, totaling 73,534 units, which represents a 2% increase from the previous year. Thus, the increasing demand for robotics and automation is propelling the growth of the neuromorphic chips market.
Leading companies in the neuromorphic chips market are concentrating on creating innovative solutions, including neuromorphic development kits for smart wearables and industrial monitoring devices. A neuromorphic development kit is a tool that facilitates the construction and testing of AI systems that replicate the brain's neural processing, allowing for efficient, low-power sensory data processing in applications such as robotics and IoT. For example, in September 2023, SynSense AG, a Switzerland-based company specializing in neuromorphic intelligence and application solutions, introduced the Xylo IMU HDK, a neuromorphic development kit. The Xylo IMU HDK features a specialized chip designed for ultra-low-power motion processing applications, which supports human movement analysis, industrial monitoring, and human-computer interaction. It is equipped with a 3-axis accelerometer, configurable SNN processing, and a versatile, power-efficient design, making it suitable for various wearable devices and monitoring applications.
In April 2022, BrainChip Holdings Ltd., an Australian technology company, forged a partnership with NVISO, a leading group specializing in AI-enabled human behavioral analysis. This collaboration holds significant implications for the neuromorphic chip market, as it combines BrainChip's pioneering fully digital, event-based AI processor, Akida, designed on neuromorphic principles to emulate the human brain and efficiently analyze patterns. NVISO, based in Belgium, is renowned for developing software that analyzes facial expressions and eye movements to discern human emotions. This partnership promises to advance the capabilities of neuromorphic chips in understanding and interpreting human behavior, thereby opening up new avenues for applications in various sectors.
Major companies operating in the neuromorphic chips market report are Samsung Electronics Limited, Lockheed Martin Corporation, Intel Corp., International Business Machine Corporation, IBM Corporation, SK Hynix Inc., Qualcomm, Hewlett Packard Enterprise, Cadence Design Systems Inc., Nepes Corp., Nepes Corporation, CEA Leti, HRL Laboratories LLC, Altium LLC, SynSense AG, Innatera, Brain Corporation, Vicarious FPC Inc., GrAI Matter Labs, Gyrfalcon Technology Inc, Ceryx Medical, Brain chip Holdings Ltd., Numenta, Inc., Koniku, Applied Brain Research, Inc., General Vision Inc., Knowm Inc.
North America was the largest region in the neuromorphic chips market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the neuromorphic chips market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the neuromorphic chips market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The neuromorphic chips market consists of sales of spiking neural networks (SNNs) chips, truenorth chips, loihi chips, memristor-based chips, and mixed-signal neuromorphic chips. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
Neuromorphic chips are specialized computer hardware engineered to emulate the structure and functionality of the human brain, utilizing artificial neurons and synapses for information processing. These chips excel in problem-solving, pattern recognition, and decision-making tasks, outperforming traditional computers in speed and efficiency. They boast collocated processing and memory, along with massively parallel processing capabilities, enabling concurrent execution of multiple functions.
The primary components of neuromorphic chips encompass both software and hardware. Software comprises programs, algorithms, and codes tailored to operate on or interact with these chips, facilitating various functions such as signal processing, data processing, image recognition, and process optimization. These chips find applications across diverse industries including aerospace and defense, automotive, healthcare, industrial, consumer electronics, among others.
The neuromorphic chips market research report is one of a series of new reports that provides neuromorphic chips market statistics, including the neuromorphic chips industry global market size, regional shares, competitors with a neuromorphic chips market share, detailed neuromorphic chips market segments, market trends and opportunities, and any further data you may need to thrive in the neuromorphic chips industry. This neuromorphic chip market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The neuromorphic chips market size has grown rapidly in recent years. It will grow from $0.68 billion in 2024 to $0.78 billion in 2025 at a compound annual growth rate (CAGR) of 14.8%. The growth in the historic period can be attributed to better-performing integrated circuits, adoption of speech recognition or biometric recognition, advancements in al and machine learning, and efficient power consumption.
The neuromorphic chips market size is expected to see rapid growth in the next few years. It will grow to $1.24 billion in 2029 at a compound annual growth rate (CAGR) of 12.4%. The growth in the forecast period can be attributed to growing demand for neuromorphic computing in defense and aerospace, increasing investment in research and development by companies, increasing adoption of IoT and M2M communication, rising demand for edge computing, and neuromorphic hardware in robotics. Major trends in the forecast period include new technological advancement, advancements in al and machine learning, increasing investments, and mergers and acquisition.
The increasing demand for robotics and automation is anticipated to drive the growth of the neuromorphic chips market in the future. Robotics and automation involve the application of computers, control systems, and information technology to manage industrial processes and machinery. Neuromorphic chips are utilized in robotics and automation to harness brain-inspired computing principles, enhancing the capabilities of automated systems and robots. For example, in September 2024, the International Federation of Robotics, a Germany-based non-profit organization, reported that industrial robot installations in Europe rose by 9% in 2023, reaching a record high of 92,393 units. Notably, 80% of these installations occurred within the European Union, totaling 73,534 units, which represents a 2% increase from the previous year. Thus, the increasing demand for robotics and automation is propelling the growth of the neuromorphic chips market.
Leading companies in the neuromorphic chips market are concentrating on creating innovative solutions, including neuromorphic development kits for smart wearables and industrial monitoring devices. A neuromorphic development kit is a tool that facilitates the construction and testing of AI systems that replicate the brain's neural processing, allowing for efficient, low-power sensory data processing in applications such as robotics and IoT. For example, in September 2023, SynSense AG, a Switzerland-based company specializing in neuromorphic intelligence and application solutions, introduced the Xylo IMU HDK, a neuromorphic development kit. The Xylo IMU HDK features a specialized chip designed for ultra-low-power motion processing applications, which supports human movement analysis, industrial monitoring, and human-computer interaction. It is equipped with a 3-axis accelerometer, configurable SNN processing, and a versatile, power-efficient design, making it suitable for various wearable devices and monitoring applications.
In April 2022, BrainChip Holdings Ltd., an Australian technology company, forged a partnership with NVISO, a leading group specializing in AI-enabled human behavioral analysis. This collaboration holds significant implications for the neuromorphic chip market, as it combines BrainChip's pioneering fully digital, event-based AI processor, Akida, designed on neuromorphic principles to emulate the human brain and efficiently analyze patterns. NVISO, based in Belgium, is renowned for developing software that analyzes facial expressions and eye movements to discern human emotions. This partnership promises to advance the capabilities of neuromorphic chips in understanding and interpreting human behavior, thereby opening up new avenues for applications in various sectors.
Major companies operating in the neuromorphic chips market report are Samsung Electronics Limited, Lockheed Martin Corporation, Intel Corp., International Business Machine Corporation, IBM Corporation, SK Hynix Inc., Qualcomm, Hewlett Packard Enterprise, Cadence Design Systems Inc., Nepes Corp., Nepes Corporation, CEA Leti, HRL Laboratories LLC, Altium LLC, SynSense AG, Innatera, Brain Corporation, Vicarious FPC Inc., GrAI Matter Labs, Gyrfalcon Technology Inc, Ceryx Medical, Brain chip Holdings Ltd., Numenta, Inc., Koniku, Applied Brain Research, Inc., General Vision Inc., Knowm Inc.
North America was the largest region in the neuromorphic chips market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the neuromorphic chips market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the neuromorphic chips market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The neuromorphic chips market consists of sales of spiking neural networks (SNNs) chips, truenorth chips, loihi chips, memristor-based chips, and mixed-signal neuromorphic chips. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
Neuromorphic chips are specialized computer hardware engineered to emulate the structure and functionality of the human brain, utilizing artificial neurons and synapses for information processing. These chips excel in problem-solving, pattern recognition, and decision-making tasks, outperforming traditional computers in speed and efficiency. They boast collocated processing and memory, along with massively parallel processing capabilities, enabling concurrent execution of multiple functions.
The primary components of neuromorphic chips encompass both software and hardware. Software comprises programs, algorithms, and codes tailored to operate on or interact with these chips, facilitating various functions such as signal processing, data processing, image recognition, and process optimization. These chips find applications across diverse industries including aerospace and defense, automotive, healthcare, industrial, consumer electronics, among others.
The neuromorphic chips market research report is one of a series of new reports that provides neuromorphic chips market statistics, including the neuromorphic chips industry global market size, regional shares, competitors with a neuromorphic chips market share, detailed neuromorphic chips market segments, market trends and opportunities, and any further data you may need to thrive in the neuromorphic chips industry. This neuromorphic chip market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Neuromorphic Chips Market Characteristics3. Neuromorphic Chips Market Trends and Strategies4. Neuromorphic Chips Market - Macro Economic Scenario Including the Impact of Interest Rates, Inflation, Geopolitics, Covid and Recovery on the Market32. Global Neuromorphic Chips Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Neuromorphic Chips Market34. Recent Developments in the Neuromorphic Chips Market
5. Global Neuromorphic Chips Growth Analysis and Strategic Analysis Framework
6. Neuromorphic Chips Market Segmentation
7. Neuromorphic Chips Market Regional and Country Analysis
8. Asia-Pacific Neuromorphic Chips Market
9. China Neuromorphic Chips Market
10. India Neuromorphic Chips Market
11. Japan Neuromorphic Chips Market
12. Australia Neuromorphic Chips Market
13. Indonesia Neuromorphic Chips Market
14. South Korea Neuromorphic Chips Market
15. Western Europe Neuromorphic Chips Market
16. UK Neuromorphic Chips Market
17. Germany Neuromorphic Chips Market
18. France Neuromorphic Chips Market
19. Italy Neuromorphic Chips Market
20. Spain Neuromorphic Chips Market
21. Eastern Europe Neuromorphic Chips Market
22. Russia Neuromorphic Chips Market
23. North America Neuromorphic Chips Market
24. USA Neuromorphic Chips Market
25. Canada Neuromorphic Chips Market
26. South America Neuromorphic Chips Market
27. Brazil Neuromorphic Chips Market
28. Middle East Neuromorphic Chips Market
29. Africa Neuromorphic Chips Market
30. Neuromorphic Chips Market Competitive Landscape and Company Profiles
31. Neuromorphic Chips Market Other Major and Innovative Companies
35. Neuromorphic Chips Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Neuromorphic Chips Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on neuromorphic chips market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for neuromorphic chips? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The neuromorphic chips market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Components: Software; Hardware2) By Function: Signal Processing; Data Processing; Image Recognition; Process optimization
3) By End Use Industry: Aerospace And Defense; Automotive; Healthcare; Industrial; Consumer Electronics; Other End User Industries
Subsegments:
1) By Software: Neuromorphic Programming Environments; Simulation And Modeling Tools; Machine Learning Algorithms For Neuromorphic Systems; Data Processing And Analytics Software; Development And Debugging Tools2) By Hardware: Neuromorphic Processors; Neuromorphic Sensors; Specialized Integrated Circuits (Ics); Field-Programmable Gate Arrays (Fpgas) For Neuromorphic Applications; Neuromorphic Chip Systems And Platforms
Key Companies Mentioned: Samsung Electronics Limited; Lockheed Martin Corporation; Intel Corp.; International Business Machine Corporation; IBM Corporation
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
Some of the major companies featured in this Neuromorphic Chips market report include:- Samsung Electronics Limited
- Lockheed Martin Corporation
- Intel Corp.
- International Business Machine Corporation
- IBM Corporation
- SK Hynix Inc.
- Qualcomm
- Hewlett Packard Enterprise
- Cadence Design Systems Inc.
- Nepes Corp.
- Nepes Corporation
- CEA Leti
- HRL Laboratories LLC
- Altium LLC
- SynSense AG
- Innatera
- Brain Corporation
- Vicarious FPC Inc.
- GrAI Matter Labs
- Gyrfalcon Technology Inc
- Ceryx Medical
- Brain chip Holdings Ltd.
- Numenta, Inc.
- Koniku
- Applied Brain Research, Inc.
- General Vision Inc.
- Knowm Inc.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 200 |
Published | March 2025 |
Forecast Period | 2025 - 2029 |
Estimated Market Value ( USD | $ 0.78 Billion |
Forecasted Market Value ( USD | $ 1.24 Billion |
Compound Annual Growth Rate | 12.4% |
Regions Covered | Global |
No. of Companies Mentioned | 28 |