Neuromorphic Chips Market - Forecast(2020 - 2025)
The Neuromorphic Chips market is estimated to reach $300m by 2023, majorly driven by the growing demand for artificial intelligence (AI) technology in end-user industries, and emerging applications in the automation sector. Other factors responsible for the growth of the Neuromorphic Chips market include the enormous demand for Artificial intelligence chips, and the vanishing of Moore’s Law. What are Neuromorphic Chips? Neuromorphic Chips combined with AI are alternatives to traditional chips. These chips increase the efficiency and speed and are even driven, that is, these chips only operate when required, thereby resulting in cooling of chips, and simultaneously, low power requirement. This report gives an in-depth analysis of the market by class, type, application, end-user industry and geography. By class, the market has been segmented into Artificial Neural Networks and Biology-based Learning Models. By type, the market has been segmented into Hardware and Software. Neuromor...