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Neuromorphic Computing Market Analysis By Application By End-use, Expected To Reach USD 6,480.1 Million By 2024NEW YORK, Sept. 22, 2016 /PRNewswire/ -- The neuromorphic computing market size is expected to reach USD 6,480.1 million by 2024 according to a new study by Grand View Research, Inc. Further key findings from the study suggest: The consumer electronics end-use segment dominated the global neuromorphic computing industry, accounting for over 62% of the market share in 2016. The emerging trend of using brain computers and smart consumer wearable devices is favorably impacting the industry growth. The North American regional market accounted for 34% of the global revenue share in 2016. The strong presence of neuromorphic chip vendors in this region is expected to contribute to the industry growth in the region. The signal processing application segment accounted for 30% of the global revenue share in 2016. The increasing demand for processing acoustic and audio signals is strengthening the demand for this segment. The key industry participants include Brain Corporation (U.S.), CEA Leti (France), General Vision, Inc. (U.S.), Hewlett Packard (U.S.), HRL Laboratories LLC (U.S.), IBM Corporation (U.S.), Intel Corporation (U.S.), Knowm Inc. (U.S.), Numenta, Inc. (U.S.), Qualcomm Inc. (U.S.), and Vicarious FPC, Inc. (U.S.). Industry vendors are emphasizing on product development for new applications and forming technology alliances to gain a competitive edge in the industry. Read the full report: http://www.reportlinker.com/p04144373-summary/view-report.html About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. http://www.reportlinker.com __________________________ Contact Clare: [email protected] US: (339)-368-6001 Intl: +1 339-368-6001 To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/neuromorphic-computing-market-analysis-by-application-by-end-use-expected-to-reach-usd-64801-million-by-2024-300332985.html SOURCE Reportlinker |