Neuromorphic Computing: Opportunity Analysis

Neuromorphic Computing: Opportunity Analysis

  • December 2020 •
  • 62 pages •
  • Report ID: 6024110 •
  • Format: PDF
Conventional artificial intelligence (AI)-enabled processors are based on rule-based algorithms and are optimized for applications, such as real-time monitoring and reporting.However, with increasing demand for fully autonomous solutions, there is a need for perceptive solutions capable of making probabilistic decisions, replicating the human brain.

With technology advancements in chipset architecture and algorithms, neuromorphic chipsets are processing powerhouses that are logically analogous to neurons that exist in biological human brains and efficiently perform complicated decision-making tasks.Neuromorphic computing holds the potential to emerge as a vital breakthrough in applications across the healthcare, manufacturing, and aerospace & defense sectors.

With increased funding and related support from government bodies and Tier-1 OEMs, neuromorphic solutions are poised to witness exponential traction from venture capitalists and government bodies in the years to come.Key Questions Answered in the Technology and Innovation StudyWhat is the significance of neuromorphic computing technology and its impact?What are the current trends and developments that are driving the opportunities for neuromorphic computing technologies in the global market?What are the technology capabilities of various emerging technologies in invasive and non-invasive segment boosting the neuromorphic computing ?Key innovations and their application impactIP and Funding scenarioGrowth opportunities and critical success factorsWhat sort of strategies do OEMs need to embrace to gain entry and sustain in the competitive marketplace?