USD 15.02 Billion
Report ID:
SQMIG45F2164 |
Region:
Global |
Published Date: July, 2025
Pages:
198
|Tables:
117
|Figures:
69
Global Neuromorphic Computing Market size was valued at USD 15.02 Billion in 2023 and is poised to grow from USD 28.49 Billion in 2024 to USD 4779.51 Billion by 2032, growing at a CAGR of 89.7% during the forecast period (2025-2032).
The global neuromorphic computing market growth is driven due to the increasing use of neuromorphic technology in next-generation semiconductors, deep learning applications, transistors, accelerators, and autonomous systems like artificial intelligence, robotics, drones, and self-driving cars.
Additionally, by using AI algorithms, such computing enables efficient network architectures and faster data processing. Self-driving cars that learn from other cars in their environment to make decisions more quickly, or automated homes that learn from their occupants to adjust the temperature and lighting, are examples of successful neuromorphic technology. Implementing such computing also enhances IoT security because the devices can detect suspicious activity using AI algorithms.
How is AI Enhancing Low-Power Edge Computing Through Neuromorphic Design?
The global neuromorphic computing market outlook is changing rapidly because artificial intelligence (AI) allows machines to process information more effectively than the human brain. Neuromorphic systems are ideal for edge computing, robotics, and real-time data analysis because they use AI to perform tasks like pattern recognition, decision-making, and learning with minimal energy consumption. AI-driven neuromorphic devices are beginning to affect several industries as the need for fast, low-power computing increases.
Market snapshot - (2025-2032)
Global Market Size
USD 15.02 Billion
Largest Segment
Edge
Fastest Growth
Cloud
Growth Rate
89.7% CAGR
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The global neuromorphic computing market is segmented into components, applications, deployment, end use, and regions. By components, the market is classified into hardware, software, and services. Depending on the application, it is divided into signal processing, image processing, data processing, and object detection. According to deployment, the market is bifurcated into edge and cloud. As per end use, it is categorized into consumer electronics, automotive, healthcare, and military & defense. Regionally, it is analyzed across North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.
How is Wireless Connectivity Fueling Neuromorphic Edge Innovations?
As per the 2024 global neuromorphic computing market analysis, the edge segment had the largest market share. The increasing use of edge computing in sensitive voice controls for automobiles, body gesture recognition for touchless interfaces, and internal intelligence for assistant robots is driving this market's growth.
The cloud segment is expected to record a faster CAGR during the forecast period. It is a one-stop platform for securely storing and delivering large amounts of data for any business, which is one of its many technological advantages. The ability to scale resources as needed, reduced initial hardware and software costs, and resource accessibility from any location with internet access are just a few advantages of using neuromorphic computing in the cloud.
What Factors are Driving Revenue Growth in Neuromorphic Hardware?
Based on the 2024 global neuromorphic computing market forecast, the hardware division accounted for a sizable amount of revenue. This is due to the increasing demand for specialized neuromorphic chips and systems that can efficiently handle complex data patterns. The creation of specialized hardware, including memristor-based chips and neuromorphic processors, has enabled the use of neuromorphic computing in numerous applications. These hardware components, designed to mimic the synaptic plasticity and adaptive learning characteristics of the human brain, enable real-time processing and enhanced energy efficiency. Since hardware is thought to be a crucial part of neuromorphic computing, it has the biggest neuromorphic computing market share.
However, between 2025 and 2032, the software segment is expected to grow at the fastest rate. As the use of neuromorphic computing grows, so does the need for software that can integrate, program, and optimize neuromorphic chips and systems. By enabling programmers to create applications that can benefit from neuromorphic computing, software frameworks such as IBM's TrueNorth and Intel's Lava have accelerated developments in domains like edge computing, artificial intelligence, and machine learning. Furthermore, the increasing importance of software in supporting the scalability and flexibility of neuromorphic computing systems is expected to drive this market's steady growth rate.
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Why is North America Leading the Neuromorphic Computing Revolution?
As per the neuromorphic computing market regional analysis, North America leads the market because of its robust R&D environment and early adoption of AI hardware technology. In 2024, U.S. defense and autonomous robotics efforts were driven by neuromorphic research funded by DARPA. Universities and tech giants have partnered to create chips that mimic the brain's efficiency, making the region a center for neuromorphic advancements in industries like edge computing, security, and aerospace.
U.S. Neuromorphic Computing Market
The US is the leader in neuromorphic computing due to significant contributions from IBM (TrueNorth) and Intel (Loihi chip). To enhance low-power, real-time decision-making, Intel and the US Department of Defense collaborated in 2025 to test neuromorphic chips in autonomous military drones. Developments in brain-inspired computer systems for robotics, medical diagnostics, and defense are being propelled by the nation's strong semiconductor infrastructure and defense tech funding.
Canada Neuromorphic Computing Market
Canada is becoming a major player in neuromorphic R&D because of its emphasis on AI research. In 2024, a quantum hardware company and the University of Toronto conducted research on hybrid neuromorphic-quantum systems. Interest in neuromorphic is growing because of government programs like the Pan-Canadian AI Strategy that promote deep learning alternatives. These chips are being studied for real-time sensor processing and medical imaging by Canadian innovation hubs in Waterloo and Montreal.
How is Europe Advancing Neuromorphic Computing Through Research Consortia?
The European neuromorphic computing industry is expanding steadily due to programs like the Human Brain Project, which is funded by the EU. The SpiNNaker system at the University of Manchester achieved a significant milestone in 2025 by simulating one billion neurons, which provided insights into robotic and cognitive systems. With a lot of activity in university-led consortiums and public research organizations, the region is concentrated on energy-efficient processors for smart cities, industrial automation, and next-generation AI systems.
UK Neuromorphic Computing Market
The UK plays a significant role in the development of neuromorphics because of its internationally recognized institutions and research resources. To increase the dexterity of prosthetics, researchers at Imperial College London created neuromorphic circuits in 2024 and integrated them into robotic limbs. Efforts to develop energy-efficient edge AI systems are being supported by government funding for advanced semiconductor research. Additionally, UK companies are developing neuromorphic sensors for self-navigating devices.
France Neuromorphic Computing Market
Through government AI initiatives and public-private partnerships, France is developing neuromorphic technologies. With an eye toward ultra-low latency and power consumption, CEA-Leti and BrainChip collaborated in 2025 to test edge neuromorphic processors for industrial Internet of things applications. For security and vehicle monitoring, French companies are combining neuromorphic systems with edge AI. Innovation is further stimulated by the government's dedication to AI and semiconductor self-reliance.
Germany Neuromorphic Computing Market
Germany is investigating neuromorphic applications by leveraging its knowledge of automotive and industrial automation technologies. Neuromorphic AI systems for manufacturing predictive maintenance were piloted by Fraunhofer Institutes in 2024. Automakers are exploring neuromorphic chips to improve real-time driving decisions and ADAS. Germany is at the forefront of developing scalable, energy-efficient neuromorphic systems for smart transportation and factory automation, due to EU research grants.
Why is Asia-Pacific Emerging as a Hotspot for Neuromorphic Hardware Innovation?
The Asia-Pacific neuromorphic computing sector is expanding quickly as a result of developments in robotics, AI hardware, and government-led digital transformation programs. Neuromorphic chips for robots and autonomous devices gained attention in 2025 because of increased investment in edge AI and intelligent systems in China, Japan, and South Korea. The combination of AI research and chip manufacturing expertise is making the region more competitive in neuromorphic innovation.
South Korea Neuromorphic Computing Market
By investing in AI hardware and implementing a national semiconductor strategy, South Korea is promoting the advancement of neuromorphic technology. In 2024, KAIST introduced a 3D neuromorphic device that simulates neural synapses for use in low-power mobile applications. The nation is concentrating on neuromorphic memory and processors for consumer electronics, edge computing, and intelligent vision systems, especially for use in smart homes and healthcare robotics, with assistance from Samsung and SK Hynix.
Japan Neuromorphic Computing Market
Japan's focus on robotics and sensor innovation has influenced the country's neuromorphic computing landscape. Toshiba introduced a neuromorphic vision sensor in 2025 for use in industrial inspection systems and service robots. The nation is investigating brain-inspired hardware for use in smart industries, senior care robotics, and driverless cars. Spending on neuromorphic R&D is largely driven by Japan's high-tech industrial sector and aging population.
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Neuromorphic Computing Market Drivers
Growing Interest in Edge and Low-Power AI Devices
AI Developments in Robotics and Autonomous Systems
Neuromorphic Computing Market Restraints
Established Ecosystem Devoid of Homogeneity
Exorbitant R&D and Production Expenses
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Companies that focus on edge deployment and custom chip designs, such as Intel, IBM, and SynSense, dominate the neuromorphic computing market. Low-power, event-driven processing is the focus of IBM's TrueNorth platform and Intel's Loihi platform. Players are collaborating with industrial and academic labs to create neuromorphic solutions. SNN-compatible processors are being developed by startups like Innatera and BrainChip with the goal of addressing real-time, low-latency edge applications in robotics, wearables, and the Internet of Things.
Top Player’s Company Profile
Recent Developments in Neuromorphic Computing Market
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, today's demand for robots, smart systems, and edge devices to run low-latency and energy-efficient AI is pushing technology in neuromorphic computing. Despite high development costs and lack of standards, the subject is rapidly changing due to growing interest in real-time AI processing and spiking neural networks. Companies of all sizes, from large corporations through to startup ventures, are advancing chip technology to model brain-like structures. As companies look for more intelligent, decentralized AI, neuromorphic computing is increasingly viewed to provide a "game-changing" opportunity for low-power applications with local learning, i.e. where power is at a premium, or learning has spatial or context significance.
Report Metric | Details |
---|---|
Market size value in 2023 | USD 15.02 Billion |
Market size value in 2032 | USD 4779.51 Billion |
Growth Rate | 89.7% |
Base year | 2024 |
Forecast period | (2025-2032) |
Forecast Unit (Value) | USD Billion |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Table Of Content
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
Methodology
For the Neuromorphic Computing Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Neuromorphic Computing Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
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