Global Neuromorphic Computing Market: Key Highlights
Global Neuromorphic Computing Market: Key Market Dynamics
Global Neuromorphic Computing Market: Regional Overview
Neuromorphic computing market in the Asia-pacific region is expected to show fastest growth in near future. The organizations engaged in the technological domain are working in the field of AI robustly. According to World Intellectual Property Organization (WIPO), companies based out of Japan and China dominates in the AI-related patent filing. Moreover, improving living standard of the individuals in this region may expand the demand for AI-related devices.
Owing to increasing investment in the research and development for AI related technologies, the neuromorphic computing is expected to grow. According to European Union, from 2016-2019, the funding for AI related research has reached USD 1.67 billion, also it states that Europe is leading in the neuromorphic solutions. Thus, such growing funding from the governing authorities in the field of AI and leading in the field of neuromorphic technology can increase the demand of neuromorphic computing in the region.
Global Neuromorphic Computing Market: Key Players Overview
Intel Corporation is a US-based technology company engaged in the development and production of products and solutions based on recent technologies. The product portfolio of the company is categorized as systems and devices, business, gaming, personal use, education, and data centers. The Intel Labs is constantly researching in the field of Neuromorphic, they have a research chip named Loihi which has 130,000 neuron type neural network. In February 2020, the company acquired Habana Labs to strengthen in the field of neuromorphic technology.
BrainChip Holdings Ltd is an Australia-based organization engaged in the neuromorphic computing solutions. The product portfolio of the frim covers Akida Development Environment, Akida Neuromorphic System-On-Chip, BrainChip Studio, BrainChip Accelerator, Akida Neuromorphic IP. In February 2020, the company announced that designers can access the Akida Development Environment platform without pre-approval to create edge and enterprise products related to neuromorphic processing technology.
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