DUBLIN, June 7, 2018 /PRNewswire/ —

The “Global Neuromorphic Computing Market Analysis (2017-2023)” report has been added to ResearchAndMarkets.com’s offering.

The Global Neuromorphic Computing Market size is expected to reach $3.7 billion by 2023, rising at a market growth of 18.3% CAGR during the forecast period.

Demand for artificial intelligence in language processing, translation and chatterbots, nonlinear controls and robotics, and computer vision and image processing, and others is expected to drive the market growth. The combination of neuroscience computation and embodied models has driven the demand for design and development of neuromorphic chips for brain-based robots and cognitive robots. Machine learning tools have additionally contributed to the market expansion. Lack of research and development activities and need for substantial investment are the factors that is expected to limit the market growth.

Based on Application, the Neuromorphic Computing market segments the market into Image Processing, Signal Processing, Data Mining, and Others. Based on End User, the market report segments the market into Consumer Electronics, Automotive, Military & Defense, Healthcare, and Others.

Key companies profiled in the report include

• IBM Corporation
• Hewlett Packard Enterprise (HPE) Company
• Samsung Electronics Co. Ltd.
• Intel Corporation
• Qualcomm Incorporated
• General Vision Inc.
• Brain Corporation
• Vicarious
• Knowm Inc.
• Numenta

Key Topics Covered:

1. Market Scope & Methodology

2. Market Overview

3. Global Neuromorphic Computing Market

4. Global Neuromorphic Computing Market by End User

5. Global Neuromorphic Computing Market by Region

6. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/w52rdg/global?w=5

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]  

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

View original content:http://www.prnewswire.com/news-releases/global-neuromorphic-computing-market-report-2018-market-is-expected-to-reach-3-7-billion-by-2023–300661588.html

SOURCE Research and Markets