Neuromorphic Computing Market 2023 Opportunities, Key Players, Competitive and Regional Analysis
Neuromorphic Computing Market Analysis The anamorphic computing market is expected to be valued at USD 22,743 thousand in 2021 and is expected to reach USD 550,593 thousand by 2026, at a CAGR of 89.1% between 2021 and 2026. The need for better-performing ICs, increased demand for artificial intelligence and machine learning, and increased cross-industry partnerships and collaborations are key factors driving the market's growth. Artificial intelligence (AI) is being adopted in medical, media, entertainment, telecom, utility, aerospace, military, consumer devices, food & beverages, and piping industries. A combination of AI systems and machine learning is set to revolutionize the business environment with smart decisions. However, lack of knowledge about xeromorphic computing and complex algorithms increasing the complexity of designing hardware of endomorphic chips can act as a major challenge in the market during the forecast period. Intel dominated the anamorphic computing