BRN Discussion Ongoing
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Braintonic
Regular
Fwiw which isn't much I am in at the moment and buying more but that could all change by next week.
Pom down under
Top 20
Indeed. Anzio Beach Head 1944.
Baron Von Ricta
Regular
Bugger just getting 1% share of this. I want 2Neuromorphic Computing Market worth $1,325.2 Million by 2030, at a CAGR of 89.7%
08-11-2024 07:48 PM CET
Press release from: ABNewswire
Neuromorphic Computing Market
The global Neuromorphic Computing Market in terms of revenue is estimated to be worth $28.5 million in 2024 and is poised to reach $1,325.2 million by 2030, growing at a CAGR of 89.7% during the forecast period.
According to a research report "Neuromorphic Computing Market [https://www.marketsandmarkets.com/M...idPR&utm_campaign=neuromorphiccomputingmarket] by Offering (Processor, Sensor, Memory, Software), Deployment (Edge, Cloud), Application (Image & Video Processing, Natural Language Processing (NLP), Sensor Fusion, Reinforcement Learning) - Global Forecast to 2030" The neuromorphic computing industry is expected to grow from USD 28.5 million in 2024 and is estimated to reach USD 1,325.2 million by 2030; it is expected to grow at a Compound Annual Growth Rate (CAGR) of 89.7% from 2024 to 2030.
Growth in the neuromorphic computing industry is driven through the integration of neuromorphic computing in automotive and space operations. In space, where bandwidth is limited and the communication delay might be considered large, onboard processing capabilities are crucial. The neuromorphic processor analyzes and filters data at the point of collection, reducing the need to transmit large datasets back to Earth. whereas, in automobile sector, neuromorphic processors can make autonomous driving systems more responsive by onboard real-time processing with minimal latency so that safety is ensured along with efficiency.
Download PDF Brochure @ [https://www.marketsandmarkets.com/r...idPR&utm_campaign=neuromorphiccomputingmarket]
Browse 167 market data Tables and 69 Figures spread through 255 Pages and in-depth TOC on "Neuromorphic Computing Market"
View detailed Table of Content here -https://www.marketsandmarkets.com/Market-Reports/neuromorphic-chip-market-227703024.html [https://www.marketsandmarkets.com/M...idPR&utm_campaign=neuromorphiccomputingmarket]
[https://www.marketsandmarkets.com/M...idPR&utm_campaign=neuromorphiccomputingmarket]
By Offering, software segment is projected to grow at a high CAGR of neuromorphic computing industry during the forecast period.
The software segment is expected to grow at a fast rate in the forecasted period. Neuromorphic software has its roots in models of neural systems. Such systems entail spiking neural networks (SNNs), that attempt to replicate the properties of biological neurons in terms of their firing patterns. In contrast to the typical artificial neural networks using continuous activation functions, SNNs utilize discrete spikes for communication, a feature that is also found in the brain. With intelligence embedded directly into the edge devices and IoT sensors, the potential for neuromorphic systems to perform even the most complex tasks such as pattern recognition and adaptive learning with considerably less power consumption remains. This efficiency stretches the lifetime of device operations while cutting down on the overall energy footprint, thus spurring demand for neuromorphic software that can harness these benefits and optimize performance for real-world edge and IoT applications.
By deployment, cloud segment will account for the highest CAGR during the forecast period.
Cloud segment will account for the high CAGR in the forecasted period. Cloud computing benefits from offering central processing power, which enables large-scale computational resources and storage capacities accessible from remote data centers. This is useful because neuromorphic computing, has been very often associated with complex algorithms and large-scale data processing. In the cloud, such huge resources can be utilized to train neuromorphic models, run large-scale simulations, and process enormous datasets. The scalable infrastructure of cloud platforms allows neuromorphic computing applications to dynamically adjust resources according to demand. It is a key factor for the training and deployment of high-scale neuromorphic networks, as their computation requirements are considerable especially during peak loads, driving its demand in the market.
Natural language processing (NLP) segment is projected to grow at a high CAGR of neuromorphic computing industry during the forecast period.
Natural Language Processing (NLP) is a branch of artificial intelligence focused on giving computers the ability to understand text and spoken words in much the same way human beings can. NLP represents a promising application of neuromorphic computing, leveraging the brain- inspired design of spiking neural networks (SNNs) to enhance the efficiency and accuracy of language data processing. Low-power, high-performance solutions are required by the expanding demand for real-time efficient language processing in devices-from smartphones to IoT devices. Neuromorphic computing fits well within these requirements with its energy-efficient architecture. Progress over time with improvements in SNNs is also advancing its ability to approach complex NLP tasks,
which are closer to being adapted for commercial and industrial markets
Industrial vertical in neuromorphic computing industry will account for the high CAGR by 2030.
Industrial segment will account for the high CAGR in the forecasted period. In the industrial vertical, manufacturing companies use neuromorphic computing for developing and testing end products, manufacturing delicate electronic components, printing products, metal product finishing, testing of machines, and security purpose. Neuromorphic computing can be used in these processes to store the data in chips, and the images can be extracted from the devices for further use. Neuromorphic computing also helps monitor the condition of the machines by analyzing the previous signals and comparing them with current signals. These advantages lead to high demand for neuromorphic processors and software in industrial vertical.
Asia Pacific will account for the highest CAGR during the forecast period.
The neuromorphic computing industry in Asia Pacific is expected to grow at the highest CAGR due to a high adoption rate of new technologies in this region. High economic growth, witnessed by the major countries such as China and India, is also expected to drive the growth of the neuromorphic computing industry in APAC. View attachment 72632 BrainChip, Inc. (Australia) View attachment 72633 , SynSense (China), MediaTek Inc. (Taiwan), SAMSUNG (South Korea), Sony Corporation (Japan), are some of the key players providing neuromorphic hardware and software in the region. In China, Japan, South Korea, and Singapore, for instance, significant investments have been made in neuromorphic research and infrastructure. This has fostered close relationships between academia, industry, and government, facilitating major breakthroughs in machine learning, natural language processing, and robotics that have propelled the development of neuromorphic technologies.
Key Players
Key companies operating in the neuromorphic computing industry are Intel Corporation (US), IBM (US), Qualcomm Technologies, Inc. (US), Samsung Electronics Co., Ltd. (South Korea), Sony Corporation (Japan), BrainChip, Inc. (Australia), SynSense (China), MediaTek Inc. (Taiwan), NXP Semiconductors (Netherlands), Advanced Micro Devices, Inc. (US), Hewlett Packard Enterprise Development LP (US), OMNIVISION (US), among others.
Neuromorphic Computing Market worth $1,325.2 Million by 2030, at a CAGR of 89.7%
The global Neuromorphic Computing Market in terms of revenue is estimated to be worth 28 5 million in 2024 and is poised to reach 1 325 2 million by 2030 growing at a CAGR of 89 7 during the forecast ...www.openpr.com
…..Major Fred Jackson. 1912-1944.
Prick.
Fox151
Regular
Don't blame me. Beachhead suck. Beach head, well, that's a different kinda suck. Use your space bar. Grammar saves lives...
Chip wars advance......
Cannot be good for Brainchip but maybe some see it differently(?)
Cannot be good for Brainchip but maybe some see it differently(?)
I honestly don’t see why this would be bad for BrainChip. With the U.S. blocking TSMC from supplying certain chips to Huawei, it actually opens up more opportunities for BrainChip. Since l Akida isn’t tied up in these trade restrictions, they could attract more customers who are looking for alternatives to restricted suppliers. It seems like it could really boost BrainChip’s position in the market. Brainchip currently is not in the Chinese market with partnerships like Huawei …
I think it is positive just my personal opinion
Food4 thought
Regular
The buy and sell numbers are looking pretty good for a cracking week ahead
It would be good to see a quality announcement from management stating they have 4 contracts signed
And are super excited to see the progress of the company.
Slap me please I must be dreaming
It would be good to see a quality announcement from management stating they have 4 contracts signed
And are super excited to see the progress of the company.
Slap me please I must be dreaming
DingoBorat
Slim
I agree with 7, not sure how you could possibly "see" this as a negative..
Maybe you need to see an Ophthalmologist?..
The exact reverse would most probably be happening if Harris/Walz had gotten in, with Walz having a history of literally being "in bed" with the daughter of a high ranking Chinese Communist official and even having his wedding on the anniversary date of the Tiananmen Square massacre (supposedly to remember the "Democratic defiance" of it).
The strong US connection of our Company, will show strong dividends to us, with the Trump teams focus on America first and tarrifing against unfair competition, from countries like China.
Other Western countries, will likely follow the US's lead, or watch it strengthen, as they fall into further economic decay.
All in my humble opinion only.
Hi Dingo, I have heard the Circle8 is going very well exceeding expectations, have you heard any information.I agree with 7, not sure how you could possibly "see" this as a negative..
Maybe you need to see an Ophthalmologist?..
The exact reverse would most probably be happening if Harris/Walz had gotten in, with Walz having a history of literally being "in bed" with the daughter of a high ranking Chinese Communist official and even having his wedding on the anniversary date of the Tiananmen Square massacre (supposedly to remember the "Democratic defiance" of it).
The strong US connection of our Company, will show strong dividends to us, with the Trump teams focus on America first and tarrifing against unfair competition, from countries like China.
Other Western countries, will likely follow the US's lead, or watch it strengthen, as they fall into further economic decay.
All in my humble opinion only.
DingoBorat
Slim
Hi MegaportX, I haven't been searching or looking, for any commercial engagements, or progress.
I'm sure progress is being made though.
We've all heard the "patience" comments and even "on the cusp" directly from Sean and while there doesn't "seem" to be much happening, I'm quietly confident of some significant progress soon.
I'm at a point now, where I don't really "care" what's happening and have Trust in the Company, to benefit my interests and investment.
Fullmoonfever
Top 20
Hi Tech,
I only just realised this morning that the TinyML Foundation is rebranding itself to the EDGE AI FOUNDATION!!! The new foundation’s mission is to ensure advancements in edge AI benefit society and the environment.
Check out the video below!! No one can deny that the edge is really starting to gain momentum!!
I think it's interesting that the video has been narrated by a woman with an Australian accent, despite the foundation being based in the US. I wonder if we can read anything into that?
View attachment 72634
This is the video link from the article above.
Here's a pic showing Ken Wu at the TinyML Foundation's (aka EDGE AI FOUNDATION) recent event.
View attachment 72636
Missed this post.
Was just googling and saw the rebranding so did a quick search on TSE and see @Bravo and @TECH already picked up.
A bit on the newly branded website. Some decent names to be in with.
Edge AI Foundation Partners | Join Leaders in Edge AI Innovation
Collaborate with industry leaders in Edge AI, machine learning, and AIoT. Become a strategic partner to drive innovation in cutting-edge AI technology.
tinyML Foundation Strategic Partners
Strategic Partners enable us to continue to invest in strengthening our community for the benefit of the industry, academia and NGOs.
By becoming a Strategic Partner, you get on the “inside track” of the community to participate or lead working groups, drive content for events, engage in governance for community direction, leverage a growing talent pool, and highlight your innovations via speaking opportunities online and in-person.
More Information
BrainChip is the worldwide leader in on-chip edge AI processing and learning technology, that enables faster, efficient, secure, and customizable intelligent devices untethered from the cloud. The company’s first-to-market neuromorphic processor, AkidaTM, mimics the human brain, the most efficient computer known, to analyze only essential sensor inputs at the point of acquisition, executing only necessary operations and therefore, processing data with unparalleled efficiency and precision. This supports a distributed intelligence approach keeping machine learning local to the chip, independent of the cloud, dramatically reducing latency, while simultaneously improving privacy and data security.
BrainChip is the foundation for cost-effective, fan-less, portable, real-time Edge AI systems that can offload the cloud, reducing the rapid growth in carbon footprint of datacenters. In addition, Akida’s unique capability to learn locally on device also reduces retraining of models in the cloud whose skyrocketing cost is a barrier to the growth of AIoT.
Food4 thought
Regular
On BrainChip’s updated website I couldn’t find Mercedes Benz anywhere
Has anyone noticed this or have I missed it ??!
Has anyone noticed this or have I missed it ??!
Braintonic
Regular
And Renesas?
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