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Neuromorphic Chips Market

Neuromorphic Chips Market

The market for Neuromorphic Chips was estimated at $7.40 billion in 2024; it is anticipated to increase to $25.0 billion by 2030, with projections indicating growth to around $69.0 billion by 2035.

Report ID:DS1206058
Author:Chandra Mohan - Sr. Industry Consultant
Published Date:July 2025
Datatree
Semiconductors & Electronics
S&E Technology
Neuromorphic Chips
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Report Summary
Table of Contents
Methodology
Market Data

Global Neuromorphic Chips Market Outlook

Revenue, 2024 (US$B)

$7.4B

Forecast, 2034 (US$B)

$56.3B

CAGR, 2024 - 2034

22.5%
The Neuromorphic Chips industry revenue is expected to be around $9.1 billion in 2025 and expected to showcase growth with 22.5% CAGR between 2025 and 2034. The continuous growth in the Neuromorphic Chips industry is driven by factors like progress in neural networks and AI technology alongside their increasing integration into high performance and energy efficient computing systems. These chips mark an advancement in computing technology as they can replicate the structure of the human brain enabling new opportunities, across various sectors. The ongoing demand for computing devices that use less power has sparked interest and growth in the market. Additionally the shift towards computing and ML features, alongside advancements in neuromorphic engineering all play a role, in driving sustained interest and strong market growth.

Neuromorphic Chips are often hailed as a wonder due to their specialized silicon design incorporating both digital and analog circuits that mimic the structures found in the human nervous system. They are known for their versatility. Are utilized across various fields such as robotics, smart devices and IoT applications. These chips play a role, in advanced computing systems used in defense augmented reality, self driving vehicles and a wide array of ML tasks.

neuromorphic chips market outlook with forecast trends, drivers, opportunities, supply chain, and competition 2024-2034

Market Key Insights

  • The Neuromorphic Chips market is projected to grow from $7.4 billion in 2024 to $56.3 billion in 2034. This represents a CAGR of 22.5%, reflecting rising demand across Automation & Robotics, Consumer Electronics and Health Care & Biomedical.
  • IBM, Intel Corporation, General Vision are among the leading players in this market, shaping its competitive landscape.
  • U.S. and China are the top markets within the Neuromorphic Chips market and are expected to observe the growth CAGR of 21.6% to 31.5% between 2024 and 2030.
  • Emerging markets including Brazil, India and South Africa are expected to observe highest growth with CAGR ranging between 16.9% to 23.4%.
  • Transition like The AI Wave is expected to add $6.6 billion to the Neuromorphic Chips market growth by 2030
  • The Neuromorphic Chips market is set to add $48.9 billion between 2024 and 2034, with industry players targeting Automotive & Healthcare Application projected to gain a larger market share.
  • With Accelerated adoption in advanced computing fields, and Increasing focus on power-efficient circuits, Neuromorphic Chips market to expand 661% between 2024 and 2034.
neuromorphic chips market size with pie charts of major and emerging country share, CAGR, trends for 2025 and 2032

Opportunities in the Neuromorphic Chips

Establishing partnerships with tech players such as Apple and Microsoft could be a game changer for Neuromorphic Chips in the market space as it opens up opportunities to tap into their extensive global presence and expertise in technology while also accessing additional resources to expand market reach and drive innovation, in research and development efforts.

Growth Opportunities in North America and Asia-Pacific

North America Outlook

North America plays a role in advancing and implementing Neuromorphic Chips due, to its strong technological infrastructure and supportive government policies that attract top tier users in the market landscape here. Given the nature of this regions tech industry major companies have been investing significantly in research and development focused on combining AI with human cognitive processes through Neuromorphic Chips. The key factors driving the market in North America include increasing interest and need for ML, evolutionary computation and applications of science. The region offers prospects for Neuromorphic Chips in fields such as cloud computing, self driving cars, medical technology and defense. Success in this landscape hinges, on robust innovation skills and effective partnerships.

Asia-Pacific Outlook

The Asia Pacific region is recognized for its paced technological progressions and offers significant opportunities for the growth of Neuromorphic Chips market in this region. Developing countries such as China and India are driving the demand for technologies which is boosting the need for Neuromorphic Chips here. Along with the increasing emphasis placed upon AI and ML technologies. There is a focus within this region towards semiconductor manufacturing and applications related to IOT which are key factors driving the market growth. There exist prospects across various sectors, like robotics. Consumer electronics,. Data analytics,. Cybersecurity. Competition in this region is fierce with a mix of companies ranging from multinational corporations, to local businesses operating at various levels.

Market Dynamics and Supply Chain

01

Driver: Accelerated Adoption in Advanced Computing Fields, and Progress in Neurological Research

The rapid increase in the use of chips in cutting edge computing sectors is also fuelin​​g the corresponding market growth​​​. To utilize neurobiology principles​​​ to solve intricate computational tasks more effectively​​ is also an essential aspect of neuromorphic compu​​tings potential​​​ usefulness. This advancement is also facilitating the integration of chips for managing extensive data analysis needs​​​ specifically within AI ML and deep learning processes. The growing presence of large scale data centers worldwide demanding computational capabilities further highlights the necessity, for these advanced chips. Progress in neurological research is also offering significant growth opportunities for the neuromorphic chips market. Scientists are also using these chips to understand the fundamental processes of the brain better and discover more about neurological disorders.
There is also a growing focus on power circuits that is also propelling the market for neuromorphic chips forward. Compared to processors the power efficiency of neuromorphic chips appeals to industries aiming to cut down energy usage. These chips not only offer significant power savings through their cognitive structure but also deliver faster data processing rates. This quality makes them an attractive choice in consumer electronics in devices such, as smartphones, tablets, and laptops where energy efficiency and speed are also key factors.
02

Restraint: High Development Cost

Neuromorphic chips show promise but are still in the early stages of development as a technology concept that requires significant investment in research and development efforts upfront when groundbreaking technological advancements are pursued with the need for substantial financial resources at the beginning stages. this substantial initial costs for the development and testing phase may discourage potential investors or limit market participants due, to increased market competition leading to overall growth limitations. The advanced or innovative the technology is, the greater cost associated with its development process. In the realm of creating chips with intricate details like emulating neuronal operations through electronic circuitry and components integration comes the significant presence of elevated expenses, in the market.
03

Opportunity: Pioneering Innovations in AI and ML and Promising Prospects in Healthcare Industry

The market, for Neuromorphic Chips is set to gain advantages from cutting edge advancements in AI and ML technologies like never before seen before in the market space. With their capacity to imitate the functions of the brain Neuromorphic Chips are finding remarkable uses within the realms of AI and ML contributing significantly to their expansion and development. As AI and ML systems progress further they open up unexplored domains where neuromorphic computing can provide innovative solutions thereby presenting a crucial market opportunity.
Neuromorphic Chips show potential in the healthcare sector as well. They boast processing capabilities that can be harnessed in medical diagnostic devices, surgical robots and patient monitoring instruments. This contributes to improving the delivery of healthcare services. With the growing need for cutting edge healthcare solutions and innovations this field presents a significant opportunity, for the expansion of Neuromorphic Chips market.
04

Challenge: Technical Challenges

Aside from the high development cost associated with the creation of neuromorphic chips, several technical challenges could impede market growth. For instance, the implementation of neuromorphic chips requires a customized computing environment, specifically tailored to accommodate their unique architecture and applications.

Supply Chain Landscape

1
Material Sourcing

IBM

Intel

2
Chip Design & Manufacturing

Samsung

Qualcomm

3
Testing & Quality Assurance

NVIDIA

Broadcom

4
Distribution & Retailing

Amazon

Alibaba

*The illustration highlights the key stakeholders within the supply chain ecosystem.

Applications of Neuromorphic Chips in Automation & Robotics, Consumer Electronics & Health Care & Biomedical

Automation & Robotics

Neuromorphic chips have gained traction in the field of automation and robotics, primarily due to their capability to emulate human brain functionalities. These advanced chips drive significant efficiency within industrial robots, allowing them to simulate cognitive functions and react accurately to environmental changes. Well-known players such as IBM and Intel have made significant contributions to this growing market, leveraging their strength in AI and signal processing technologies.

Consumer Electronics

Neuromorphic chips are frequently utilised in consumer electronics, particularly in devices that require high computation capabilities with minimal energy consumption. The chips are widely used in smartphones, gaming devices, and other smart gadgets to facilitate seamless user interaction, enable efficient processing, and extend battery life. Companies like Qualcomm and Samsung are market leaders in the integration of neuromorphic chips in consumer electronics, taking advantage of neuromorphic processing solutions to provide more powerful and efficient devices.

Health Care & Biomedical

The healthcare sector is increasingly using neuromorphic chips. The chips ability to mimic the human nervous system makes them invaluable in advanced biomedical applications. They have been beneficial in creating predictive models in genomics, developing real-time patient monitoring systems, and analyzing complex medical data. Notable players in this field include HRL Laboratories and BrainChip, each with exceptional strength in biomedical signal processing and AI technologies. These companies innovation has immensely improved healthcare delivery and biomedical research.

Recent Developments

December 2024

Intel Labs advances in neuromorphic computing by unveiling its new Neuromorphic Chip Loihi 2, offering higher efficiency and real-time learning capabilities.

October 2024

IBM announces its extensive research in neuromorphic technology and releases its next-generation TrueNorth Neuromorphic Chips with 10 times more synapses.

September 2024

BrainChip Holdings, an advanced neuromorphic computing company, secures a new contract to supply its Akida Neuromorphic System-On-Chip to the automotive industry.

Neuromorphic chips, a leading-edge phenomenon in the realm of AI, are seeing remarkable advancements and a steady influx of investments. Emerging from academic explorations and theoretical constructs, these chips emulate the neural structure of the human brain, promising unprecedented capabilities in data processing, AI, and ML.

Impact of Industry Transitions on the Neuromorphic Chips Market

As a core segment of the S&E Technology industry, the Neuromorphic Chips market develops in line with broader industry shifts. Over recent years, transitions such as The AI Wave and Advancement in IOT Devices have redefined priorities across the S&E Technology sector, influencing how the Neuromorphic Chips market evolves in terms of demand, applications and competitive dynamics. These transitions highlight the structural changes shaping long-term growth opportunities.
01

The AI Wave

Neuromorphic processors that emulate the functions of the human brain are now essential components in AI and ML systems. These chips boast computing power and energy efficiency positioning them as perfect choices for AI related activities like advanced learning algorithms identifying patterns effectively and processing sensory information. The rise of AI technology has significantly boosted the usage of chips bringing about notable changes in sectors dependent on AI advancements such, as healthcare, automotive industry, defense sector and robotics applications. Neuromorphic chips play a role in enhancing the function of autonomous vehicles and improving precision in advanced robotic surgeries, within industries driven by AI. This industry transition is expected to add $6.6 billion in the industry revenue between 2024 and 2030.
02

Advancement in IOT Devices

Neuromorphic chips are greatly influencing the IOT landscape. These chips excellent processing abilities and low power consumption make them well-suited for IoT devices that need to operate continuously without draining battery life.

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