YAY! We're third on the list!
If we get 10 percent of 29.2 billion, that's 2.92 billion dollars!!!!
View attachment 58809
Top 10 Neuromorphic Computing Companies | Better Output Technology
Tajammul Pangarkar
Updated · Mar 7, 2024
SHARE:
Scoop.market.us is supported by its audience. When you purchase through links on our site, we may earn an affiliate commission. Learn more.
close
Advertiser Disclosure
At Market.us Scoop, we strive to bring you the most accurate and up-to-date information by utilizing a variety of resources, including paid and free sources, primary research, and phone interviews. Our data is available to the public free of charge, and we encourage you to use it to inform your personal or business decisions. If you choose to republish our data on your own website, we simply ask that you provide a proper citation or link back to the respective page on Market.us Scoop. We appreciate your support and look forward to continuing to provide valuable insights for our audience.
Table of Contents
Neuromorphic Computing Market Overview
Inspired by the brain’s neural networks, Neuromorphic computing revolutionizes computer architecture by emulating biological neurons. Using spiking neurons and synaptic plasticity principles, neuromorphic hardware enables efficient, low-power processing.
This approach finds applications in diverse fields, such as sensor networks for environmental monitoring, robotics for enhanced perception and control, and neuroscience research for studying brain function.
With its potential to deliver highly efficient, brain-like computation, neuromorphic computing holds promise for transforming various industries and advancing our understanding of complex biological systems.
Market Drivers
The global neuromorphic computing market is growing due to several factors. Firstly, various industries have a rising demand for efficient computing solutions.
Neuromorphic architectures, known for their energy efficiency and parallel processing capabilities, are becoming increasingly popular. The emergence of edge computing and IoT devices also drives the need for low-power, high-performance solutions, further boosting the adoption of neuromorphic technologies.
Furthermore, ongoing advancements in hardware and software, coupled with increased investments, are expanding the market. These trends indicate a promising future for the global neuromorphic computing market’s growth.
Market Size
The global
neuromorphic computing market reached USD
4.2 billion in
2022 and
is projected to reach USD 29.2 billion by 2032, with an estimated compound annual growth rate (CAGR) of
22% from
2023 to
2032.
List of Major Companies
These are the top 10 companies operating in the Neuromorphic Computing Market:
Intel
Company Overview
| Establishment Year | 1968 |
| Headquarter | Santa Clara, California, U.S. |
| Key Management | Pat Gelsinger (CEO) |
| Revenue (US$ Bn) | $ 54.2 Billion (2023) |
| Headcount | ~ 124,800 (2023) |
| Website | https://www.intel.com/ |
About Intel Corporation
Intel Corporation leads the way in neuromorphic computing, leveraging its expertise in semiconductor manufacturing and technology innovation.
The groundbreaking neuromorphic research chip Loihi is at the forefront of its efforts, mimicking the human brain’s neural networks for efficient data processing. With robotics, healthcare, and IoT applications, Intel collaborates with research institutions and industry partners to explore innovative uses for neuromorphic computing.
Through ongoing research and development, Intel aims to push the boundaries of computing capabilities, positioning itself as a key player in shaping the future of neuromorphic technologies.
Geographical Presence
Intel Corporation strategically situates itself globally, headquartered in Santa Clara, California. Its primary operations cover North America, including major Oregon, Arizona, and Texas manufacturing sites.
In Europe, Intel maintains hubs in Ireland and Germany, fostering innovation. Expanding into the Asia-Pacific, notable facilities in China and India tap diverse markets and talent.
Operations extend to Japan and other Asia-Pacific nations, driving technological progress. Intel also maintains a presence in Latin America, the Middle East, and Africa, emphasizing its dedication to global innovation and market leadership.
Recent Developments
- In October 2021, Intel unveiled Loihi 2, its latest neuromorphic computing chip, representing a notable progression in the field. Utilizing Intel 4 process technology, Loihi 2 presents improved capabilities for studying advanced neuromorphic neural networks.
- In March 2020, Intel revealed information about Pohoiki Springs, a neuromorphic computing system featuring 100 million artificial neurons for processing tasks.
IBM
Company Overview
| Establishment Year | 1911 |
| Headquarter | Armonk, New York, United States |
| Key Management | Arvind Krishna (Chairman & CEO) |
| Revenue (US$ Bn) | $ 61.8 B (2022) |
| Headcount | ~ 288,300 (2022) |
| Website | https://www.ibm.com/ |
About IBM Corporation
IBM Corporation is a leader in neuromorphic computing, pioneering innovative solutions for various applications. Its TrueNorth architecture is a milestone in this field, offering highly efficient and low-power processing capabilities akin to the human brain.
With applications spanning healthcare, finance, and cybersecurity, IBM collaborates with research institutions and industry partners to explore and develop TrueNorth technology.
Through ongoing research and development efforts, IBM continues to push the boundaries of neuromorphic computing, positioning itself as a driving force in shaping the future of computing architectures.
Geographical Presence
IBM Corporation maintains a global presence with operations spanning across multiple continents. The company’s headquarters are located in Armonk, New York, USA.
IBM has established offices, research facilities, and manufacturing sites in key regions worldwide, including North America, Europe, Asia Pacific, and Latin America. This extensive geographical footprint enables IBM to effectively serve its diverse customer base and collaborate with partners on a global scale.
Additionally, IBM’s presence in various regions facilitates market expansion and supports its commitment to innovation and technology leadership across the globe.
Recent Developments
- In February 2024, Wipro introduced a new solution that harnesses IBM’s WatsonX AI and data platform capabilities to boost AI adoption in enterprises.
- In October 2023, IBM launched its inaugural AI-focused chip, NorthPole, claiming it to be 22 times faster than competitors. The chip aims to surpass current computing performance standards and address the growing demand for AI technologies.
BrainChip
Company Overview
| Establishment Year | 2004 |
| Headquarter | Sydney, NSW, Australia |
| Key Management | Sean Hehir (CEO) |
| Revenue (US$ Bn) | $ 2.3 Billion (2023) |
| Headcount | ~ 70 (2023) |
| Website | https://brainchip.com/ |
About BrainChip Holdings
BrainChip Holdings Ltd. leads neuromorphic computing, specializing in ultra-low-power solutions for various applications. Its flagship product, the Akida Neuromorphic System-On-Chip (NSoC), offers efficient processing capabilities tailored for edge computing and IoT devices.
With applications spanning surveillance, autonomous vehicles, and cybersecurity, BrainChip collaborates with industry partners and research institutions to innovate and develop solutions using the Akida platform.
Through continuous research and development, BrainChip is committed to advancing neuromorphic computing technology to meet the evolving needs of diverse markets.
Geographical Presence
BrainChip Holdings Ltd., a leader in neuromorphic computing solutions, has a solid global presence spanning North America, Europe, and Asia-Pacific.
With a focus on key markets such as the United States, Europe (including the UK, Germany, and France), and Asia-Pacific countries like China, Japan, Australia, and South Korea, BrainChip addresses diverse industry needs in cybersecurity, surveillance, automotive, and IoT.
Through its strategic positioning, BrainChip aims to drive innovation and provide cutting-edge AI technologies worldwide.
Recent Developments
- In December 2023, BrainChip Holdings and Unigen Corporation partnered to offer a new Unigen Cupcake Edge AI Server version, utilizing BrainChip’s Akida neuromorphic processor for enhanced compactness and performance.
- In January 2023, BrainChip Holdings and MYWAI formed a strategic partnership to provide advanced Edge AI solutions using neuromorphic computing.
Qualcomm
Company Overview
| Establishment Year | 1985 |
| Headquarter | San Diego, California, U.S. |
| Key Management | Cristiano Amon (CEO) |
| Revenue (US$ Bn) | $38.5 Billion (2023) |
| Headcount | ~ 50,000 (2023) |
| Website | https://www.qualcomm.com/ |
About Qualcomm Incorporated
Qualcomm Incorporated is pivotal in advancing neuromorphic computing, drawing upon its semiconductor design and mobile technologies expertise.
With its Zeroth platform, Qualcomm offers efficient processing capabilities tailored for various applications, including edge computing and IoT devices. The company collaborates with research institutions and industry partners to explore innovative solutions and drive advancements in the field.
Qualcomm’s commitment to research and development positions it as a leading force in unlocking the potential of neuromorphic computing for diverse industries.
Geographical Presence
Qualcomm, headquartered in San Diego, California, maintains a global presence with operations in key regions worldwide. It focuses on research and development in the US, notably in 5G technology.
Across the Asia-Pacific, including China, South Korea, Japan, India, and Taiwan, Qualcomm has established offices and partnerships to support local collaborations. It engages in research, development, and customer support in Europe, the Middle East, and Africa, particularly in the UK, Germany, and France.
Additionally, Qualcomm has a presence in select Latin American countries, contributing to mobile connectivity adoption. Qualcomm serves global markets through strategic positioning, drives innovation, and maintains semiconductor leadership.
Recent Development
- In October 2023, Qualcomm unveiled Snapdragon Seamless, a cross-platform technology allowing Android, Windows, and Snapdragon devices on different operating systems to seamlessly discover and share information, functioning as a unified system.
- In September 2023, EE revealed its inaugural strategic plan to become the UK’s foremost customer-focused brand for its home broadband service. Teaming up with Qualcomm Technologies, Inc., EE intends to launch new in-home hardware featuring Qualcomm Wi-Fi 7 platforms. This effort seeks to provide superior home connectivity to UK consumers, positioning them as early adopters of next-generation Wi-Fi technology.
NVIDIA
Company Overview
| Establishment Year | 1993 |
| Headquarter | Santa Clara, California, U.S. |
| Key Management | Jensen Huang (President and CEO) |
| Revenue (US$ Bn) | $60.9 B (2023) |
| Headcount | ~ 29,600 (2023) |
| Website | http://conservis.ag/ |
About NVIDIA Corporation
NVIDIA Corporation, a leader in graphics processing units (GPUs) and artificial intelligence (AI) solutions, is advancing neuromorphic computing. Through dedicated research and development, NVIDIA designs specialized hardware architectures and efficient algorithms inspired by the brain’s neural networks.
Its product portfolio, including GPUs and software frameworks like CUDA and TensorRT, supports neuromorphic computing applications in various domains.
Collaborations with industry partners and research institutions further accelerate innovation, positioning NVIDIA at the forefront of the neuromorphic computing revolution.
With its expertise, NVIDIA is poised to reshape AI and computational neuroscience, driving the development of smarter, more efficient systems across industries.
Geographical Presence
NVIDIA Corporation, a global leader in GPUs and AI technology, maintains a significant presence worldwide. In Santa Clara, California, NVIDIA strategically establishes offices, research facilities, and partnerships across North America, Europe, the Middle East, Africa, and Asia-Pacific.
With key locations in major cities like London, Munich, Beijing, and Bangalore, NVIDIA serves its global customer base and collaborates with technology companies and research institutions to drive innovation in AI-driven technologies.
This extensive geographical presence underscores NVIDIA’s commitment to advancing GPU technology and AI solutions globally.
Recent Developments
- In February 2024, AMD introduced a solution utilizing ROCm technology to allow NVIDIA CUDA binaries to run on AMD graphics hardware seamlessly without requiring any modifications.
- In November 2023, NVIDIA introduced CUDA Quantum 0.5, its latest platform tailored for quantum-classical computing application development.
: STMicroelectronics)
Join the Fastest Growing AI Research Newsletter Read by Researchers from Google + NVIDIA + Meta + Stanford + MIT + Microsoft and many others...
..
