Neuromorphic Chip Market Share

Statistics for the 2023 & 2024 Neuromorphic Chip market share, created by Mordor Intelligence™ Industry Reports. Neuromorphic Chip share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Neuromorphic Chip Industry

The neuromorphic chip market has large-scale semiconductor vendors that command significant revenue generation capabilities, architecture-development start-ups, and universities. The market is consolidated, and vendors are increasingly spending on R&D and collaboration activities to gain technological capabilities and commercialize the market, making the market less competitive.

Despite neuromorphic chips being at an early stage of development, the patent filing activity by players in the market is gaining interest across key semiconductor companies, R&D centers, and universities, and competitive rivalry is poised to increase in the future.

In August 2022, Edge Impulse was launched, which enables developers to create enterprise-grade ML algorithms trained on real-world sensor data in a low-code environment. These trained algorithms can be quantified, optimized, and turned into Spiking Neural Networks (SNN) that are compatible with and deployable with BrainChip Akida devices. This functionality is available for new and existing Edge Impulse projects by utilizing the platform's integrated BrainChip MetaTF model deployment block. This deployment block allows free-tier and enterprise developer users to design and evaluate neuromorphic models for real-world use cases before deploying them on BrainChip Akida development kits.

In April 2022, SynSense announced a collaboration with BMW to advance the integration of neuromorphic chips and smart cockpits. This is the first step in integrating SynSense's brain-like technology into smart cockpits. This neuromorphic technology collaboration with BMW will focus on SynSense's dynamic visual intelligence SoC-Speck, which combines SynSense's low-power SNN vision processor with an event-based sensor on a single chip.

Neuromorphic Chip Market Leaders

  1. Intel Corporation

  2. SK Hynix Inc.

  3. IBM Corporation

  4. Samsung Electronics Co. Ltd

  5. GrAI Matter Labs

*Disclaimer: Major Players sorted in no particular order

Neuromorphic Chip Market Concentration

Neuromorphic Chip Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)