According to cognitive market research, the global brain like computing chip market size will be USD 715.6 million in 2024. It will expand at a compound annual growth rate (CAGR) of 96.60% from 2024 to 2031.
North America held the major market share for 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.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 214.68 million.
Asia Pacific held a 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.
Latin America had a market share of more than 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.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at 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 neuromorphic chips held the highest brain like computing chip market revenue share in 2024.
