Brain like Computing Chip Market Report 2025 (Global Edition)

Global Brain like Computing Chip Market Report 2024 Market Size Split by Type Outlook: (Neuromorphic Chips, Memristor Chips, Quantum Chips, Others), by Application Outlook: (Artificial Intelligence (A...

Brain like Computing Chip Market Report Description

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Brain like Computing Chip Market Insights Video

Competitive Landscape of the Brain like Computing Chip Market

The competitive landscape of the brain like computing chip market is characterized by a range of players competing to gain market share through product innovation, strategic partnerships, and aggressive marketing efforts. Key players in the market include established electronics manufacturers, specialized brain like computing chip companies, and emerging start-ups aiming to disrupt the market with innovative solutions.

April 2024: Intel Business, a pioneer in the field of neuromorphic computing, is known for its Loihi chips, which imitate the brain's neural networks and are being evaluated for a range of artificial intelligence uses. (Source: https://www.intel.com/content/www/us/en/newsroom/news/intel-builds-worlds-largest-neuromorphic-system.html#gs.dj8h7n) April 2024: (BrainChip Holdings: Best known for its Akida chip, BrainChip has concentrated on creating processors that are low power and capable of real-time AI operations. The Akida chip is appropriate for edge AI applications because of its ability to learn and adapt in a variety of settings.) (Source: https://brainchip.com/what-is-the-akida-event-domain-neural-processor-2/)

Top Companies Market Share in Brain like Computing Chip Industry: (In no particular order of Rank)

• Intel Corporation
• IBM Corporation
• Eta Compute
• nepes
• GrAI Matter Labs
• GyrFalcon
• aiCTX
• BrainChip Holdings
• SynSense
• Confidential Data
• Access The Paid Version
• Data Hidden

*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Brain like Computing Chip Market

Which Region Dominates the Brain like Computing Chip Market in 2024?

According to cognitive market research, North America dominated the market in 2024. Governmental organizations like DARPA have made large investments in the development of neuromorphic computing technology in North America, especially in the United States. The goal of this investment is to preserve technological leadership in computer capabilities, which is essential for applications related to both intelligence and defense. The requirement for technology that can execute complex computations more effectively has increased due to the growing demand for AI and ML models that are more efficient.

Which Region is Expanding at the Fastest CAGR?

Asia Pacific stands out as the fastest-growing region in the brain like computing chip market due to the Asia-Pacific region's growing IoT and edge computing markets driving up demand for neuromorphic devices. These chips' low power consumption and capacity to do complicated computations locally make them ideal for edge devices. One important factor is the speed at which AI and machine learning are being adopted by a variety of industries, including consumer electronics, healthcare, and the automotive sector. For these kinds of applications, neuromorphic circuits are appealing because of their benefits in terms of processing power and energy efficiency.

The current report Scope analyzes Brain like Computing Chip Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Brain like Computing Chip Market

According to cognitive market research, the global brain like computing chip market size was estimated at USD 715.6 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 286.24 million in 2024 and will grow at a compound annual growth rate (CAGR) of 94.8% from 2024 to 2031.

• According to cognitive market research, the US had a major share in the brain like computing chip market with a market size of USD 225.84 million in 2024 and is projected to grow at a CAGR of 94.6% during the forecast period. The nation's advancements in technology.
• europe
• The Canada brain like computing chip market had a market share of USD 34.35 million in 2024 and is projected to grow at a CAGR of 95.6% during the forecast period. Canada's government support in developing nations.
• The Mexico brain like computing chip market is projected to witness growth at a CAGR of 95.3% during the forecast period, with a market size of USD 26.05 million in 2024.

Europe Brain like Computing Chip Market

According to cognitive market research, the global brain like computing chip market size was estimated at USD 715.6 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 214.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 95.1% from 2024 to 2031.

• The United Kingdom brain like computing chip market had a market share of USD 36.07 million in 2024 and is projected to grow at a CAGR of 95.9% during the forecast period. In the UK, brain like computing chip sales witness an upswing due to the nation's rising demand for this technology.
• The France brain like computing chip market is projected to witness growth at a CAGR of 94.3% during the forecast period, with a market size of USD 19.75 million in 2024.
• According to cognitive market research, the German brain like computing chip market size was valued at USD 42.51 million in 2024 and is projected to grow at a CAGR of 95.3% during the forecast period. In Germany, brain like computing chips surged due to the presence of major market players.
• The Italy brain like computing chip market is projected to witness growth at a CAGR of 94.5% during the forecast period, with a market size of USD 18.46 million in 2024.
• The Russian brain like computing chip market is projected to witness growth at a CAGR of 94.1% during the forecast period, with a market size of USD 33.28 million in 2024.
• The Spain brain like computing chip market is projected to witness growth at a CAGR of 94.2% during the forecast period with a market size of USD 17.60 million in 2024
• The Luxembourg brain like computing chip market is projected to witness growth at a CAGR of 95.2% during the forecast period, with a market size of USD 6.66 million in 2024.
• The Portugal brain like computing chip market is projected to witness growth at a CAGR of 94.9% during the forecast period, with a market size of USD 4.51 million in 2024.
• The Greece brain like computing chip market is projected to witness growth at a CAGR of 95.4% during the forecast period, with a market size of USD 2.58 million in 2024.
• Rest of Europe's brain like computing chip market is projected to witness growth at a CAGR of 93.8% during the forecast period, with a market size of USD 33.28 million in 2024.

Asia Pacific Brain like Computing Chip Market

According to cognitive market research, the global brain like computing chip market size was estimated at USD 715.6 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 164.59 million in 2024 and will grow at a compound annual growth rate (CAGR) of 98.6% from 2024 to 2031.

• According to cognitive market research, the China brain like computing chip market size was valued at USD 74.06 million in 2024 and is projected to grow at a CAGR of 98.1% during the forecast period. Brain like Computing chips surged in China due to the adoption of various technologies.
• The Japan brain like computing chip market is projected to witness growth at a CAGR of 97.1% during the forecast period, with a market size of USD 22.71 million in 2024.
• The India brain like computing chip market had a market share of USD 19.75 million in 2024 and is projected to grow at a CAGR of 100.4% during the forecast period. India's supportive initiatives taken by the government.
• The South Korean brain like computing chip market is projected to witness growth at a CAGR of 97.7% during the forecast period, with a market size of USD 16.46 million in 2024.
• The Australian brain like computing chip market is projected to witness growth at a CAGR of 98.3% during the forecast period, with a market size of USD 8.56 million in 2024.
• The South East Asia brain like computing chip market is projected to witness growth at a CAGR of 99.6% during the forecast period, with a market size of USD 11.36 million in 2024.
• The Rest of Asia Pacific brain like computing chip market is projected to witness growth at a CAGR of 98.4% during the forecast period, with a market size of USD 11.69 million in 2024.

South America Brain like Computing Chip Market

According to cognitive market research, the global brain like computing chip market size was estimated at USD 715.6 Million, out of which Latin America held the market share of around 5% of the global revenue with a market size of USD 35.78 million in 2024 and will grow at a compound annual growth rate (CAGR) of 96.0% from 2024 to 2031. .

• According to cognitive market research, the Brazil brain like computing chip market size was valued at USD 15.31 million in 2024 and is projected to grow at a CAGR of 96.6% during the forecast period. Brain like computing chips flourished in Brazil due to the innovation in technology.
• Argentina's brain like computing chip market had a market share of USD 6.01 million in 2024 and is projected to grow at a CAGR of 96.9% during the forecast period. Argentina's technological advancements augment the demand.
• Colombia's brain like computing chip market is projected to witness growth at a CAGR of 95.8% during the forecast period, with a market size of USD 3.18 million in 2024.
• Peru's brain like computing chip market is projected to witness growth at a CAGR of 96.2% during the forecast period, with a market size of USD 2.93 million in 2024.
• Chile's brain like computing chip market is projected to witness growth at a CAGR of 96.3% during the forecast period, with a market size of USD 2.58 million in 2024.
• The Rest of Latin America's brain like computing chip market is projected to witness growth at a CAGR of 95.1% during the forecast period, with a market size of USD 5.76 million in 2024.

Middle East and Africa Brain like Computing Chip Market

According to cognitive market research, the global brain like computing chip market size was estimated at USD 715.6 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 14.31 million in 2024 and will grow at a compound annual growth rate (CAGR) of 96.3% from 2024 to 2031..

• The GCC Countries brain like computing chip market is projected to witness growth at a CAGR of 97.1% during the forecast period, with a market size of USD 6.13 million in 2024. brain like computing chip sales flourish due to the presence of major market players.
• The Egypt brain like computing chip market is projected to witness growth at a CAGR of 96.6% during the forecast period, with a market size of USD 1.50 million in 2024.
• The South African brain like computing chip market is projected to witness growth at a CAGR of 97.3% during the forecast period, with a market size of USD 2.26 million in 2024. brain like computing chip sales flourish in South Africa due to technological advancements, increasing demand, and regulatory support.
• The Turkey brain like computing chip market is projected to witness growth at a CAGR of 95.8% during the forecast period, with a market size of USD 1.23 million in 2024.
• The Nigeria brain like computing chip market is projected to witness growth at a CAGR of 95.4% during the forecast period, with a market size of USD 1.50 million in 2024.
• The Rest of the MEA brain like computing chip market is projected to witness growth at a CAGR of 95.3% during the forecast period, with a market size of USD 1.69 million in 2024.

Brain like Computing Chip Market Analysis

How are Segments Performing in the Global Brain like Computing Chip Market?

Brain like Computing Chip Market Type Segment Analysis

According to cognitive market research, neuromorphic chips stand out as the dominant category over the projected period due to processing that is very efficient and parallel is made possible by neuromorphic chips, which are made to resemble the neural networks in the human brain. For applications like robotics, driverless cars, and Internet of Things devices that need real-time data processing, this makes them perfect.

Memristor chips emerge as the fastest-growing category in the brain like computing chip market. Memristors are perfect for neuromorphic computing because they resemble the neural synapses found in the human brain. Similar to how the human brain processes information, neuromorphic devices allow for quicker and more energy-efficient processing, particularly for AI and machine learning applications. The need for more advanced AI applications is driving up the importance of this technology.

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Brain like Computing Chip Market Application Segment Analysis

According to cognitive market research, the dominant category is artificial intelligence (AI) due to the broad use of artificial intelligence (AI) in a variety of industries, motivated by the growing need for AI applications, including computer vision, natural language processing, machine learning, and autonomous technology.

The fastest-growing category in the brain like the computing chip market, is neuromorphic computing because neuromorphic computing has the potential to advance artificial intelligence (AI) and robotics with more powerful, efficient, and energy-efficient hardware. It has attracted a lot of attention. Neuromorphic computing resembles the neural architecture and processing capabilities of the human brain. The need for increasingly advanced AI systems, continuous research and development, and more investment from IT giants are what are driving this expansion.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Author's Detail

Kalyani Raje

Senior Research Analyst at Cognitive Market Research

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An optimistic Senior Research Analyst with years of experience in competitive assessment and business consulting. A seasoned professional and subject-matter expert (SME) in the Automobile and transportation vertical.

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