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Neuromorphic Chips Market
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Neuromorphic Chips Market

Author: Chandra Mohan - Sr. Industry Consultant, Report ID - DS1206058, Published - July 2025

Segmented in Chip Architecture (Digital, Analog, Spiking), Application (Consumer Electronics, Automotive, Healthcare, Military & Defense, Computing, Others), Industry Vertical, Technology Type and Regions - Global Industry Analysis, Size, Share, Trends, and Forecast 2024 – 2034

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Global Neuromorphic Chips Market Outlook

The market for Neuromorphic Chips was estimated at $7.4 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. This expansion represents a compound annual growth rate (CAGR) of 22.5% over the forecast period. 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.


Market Size Forecast & Key Insights

2019
$7.4B2024
2029
$56.3B2034

Absolute Growth Opportunity = $48.9B

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.

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.

Opportunities in the Neuromorphic Chips Market

Strategic Collaborations with Tech Giants

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.

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.

Growth Opportunities in North America and Asia-Pacific

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.

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.

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.

Growth Opportunities in North America and Asia-Pacific

Established and Emerging Market's Growth Trend 2025–2034

1

Major Markets : U.S., China, Germany, UK, Japan are expected to grow at 21.6% to 31.5% CAGR

2

Emerging Markets : Brazil, India, South Africa are expected to grow at 16.9% to 23.4% CAGR

Market Analysis Chart

The dynamic market for Neuromorphic Chips is significantly affected by several key drivers and restraints. One prominent driver is the escalating demand for AI and ML systems. These technologies leverage Neuromorphic Chips to simulate and execute complex computational tasks at lightning speeds. The continual increase in big data analytics also strengthens the demand for these chips, aiding real-time data processing in various sectors like finance, healthcare, and telecommunications.

Recent Developments and Technological Advancement

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.

1

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.

2

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.

Global Events Shaping Future Growth

The chart below highlights how external events including emerging market developments, regulatory changes, and technological disruptions, have added another layer of complexity to the S&E Technology industry. These events have disrupted supply networks, changed consumption behavior, and reshaped growth patterns. Together with structural industry transitions, they demonstrate how changes within the S&E Technology industry cascade into the Neuromorphic Chips market, setting the stage for its future growth trajectory.

Market Dynamics and Supply Chain

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.

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.

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

Material Sourcing

IBM

Intel

Chip Design & Manufacturing

Samsung

Qualcomm

Testing & Quality Assurance
NVIDIA / Broadcom
Distribution & Retailing
Amazon / Alibaba
Material Sourcing

IBM

Intel

Chip Design & Manufacturing

Samsung

Qualcomm

Testing & Quality Assurance

NVIDIA

Broadcom

Distribution & Retailing

Amazon

Alibaba

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Leading Providers and Their Strategies

Application AreaIndustryLeading Providers / ConsumersProvider Strategies
Neural Networks
Technology
IBM
Developing innovative neuromorphic architectures that mimic the human brain to enhance computational power and efficiency
Image and Voice Recognition
Artificial Intelligence
Intel
Leveraging the power of neuromorphic engineering to create advanced speech and image recognition systems
Sensory Processing
Robotics
Qualcomm
Integrating neuromorphic chips in robotics to augment sensory processing, providing robots with enhanced perception capabilities
Data Analytics
Big Data
Hewlett Packard Enterprises
Utilizing neuromorphic chips to handle massive amounts of data promptly and efficiently, thereby optimizing data analytics processes

Elevate your strategic vision with in-depth analysis of key applications, leading market players, and their strategies. The report analyzes industry leaders' views and statements on the Neuromorphic Chips market's present and future growth.

Our research is created following strict editorial standards. See our Editorial Policy

Applications of Neuromorphic Chips in Automation & Robotics, Consumer Electronics and 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.

Neuromorphic Chips vs. Substitutes:
Performance and Positioning Analysis

Neuromorphic Chips, providing near-real-time processing and low power consumption, markedly outstrip traditional chips while demonstrating promising market potential with sustained future growth expected. These Alternatives specially Quantum Computing has experienced a rapid growth as detailed in our latest report.

Neuromorphic Chips
  • Quantum Computing /
  • Digital Neuromorphic Systems /
  • Multicore Processing Units
    High computational speed, Energy efficiency
    High production cost, Complex integration process
    Enhanced processing speed, Superior computational power
    High production costs, Excessive power consumption

Neuromorphic Chips vs. Substitutes:
Performance and Positioning Analysis

Neuromorphic Chips

  • High computational speed, Energy efficiency
  • High production cost, Complex integration process

Quantum Computing / Digital Neuromorphic Systems / Multicore Processing Units

  • Enhanced processing speed, Superior computational power
  • High production costs, Excessive power consumption

Neuromorphic Chips, providing near-real-time processing and low power consumption, markedly outstrip traditional chips while demonstrating promising market potential with sustained future growth expected. These Alternatives specially Quantum Computing has experienced a rapid growth as detailed in our latest report.

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Research Methodology

This market research methodology defines the Neuromorphic Chips market scope, gathers reliable data, and validates findings through integrated primary and secondary research. Our systematic framework ensures precise market sizing, adoption analysis, and competitive benchmarking tailored to solution-driven ecosystems.


Secondary Research Approach


We initiate secondary research by defining the targeted market at both Regional and Country levels. As part of the S&E Technology ecosystem, we analyze Neuromorphic Chips across Consumer Electronics, Automotive, and Healthcare Applications. Data is systematically gathered from country level ministerial sources, industry associations & federations, company annual & quarterly reports and other credential sources, allowing us to map solution deployment trends, pricing models, compliance requirements, and technology adoption pathways.


Key Sources Referenced:


We benchmark competitors such as IBM, Intel Corporation, and General Vision using verified industry reports, customer case studies, company disclosures, and partner ecosystem strategies. Our secondary insights uncover solution-specific drivers and inhibitors, which form the foundation for targeted primary research.


Primary Research Methods


We conduct structured interviews and surveys with solution stakeholders, including Material Sourcing, Chip Design & Manufacturing, and Testing & Quality Assurance. Geographic coverage spans North America (45%), Europe (33%), and Asia-Pacific (22%) and Middle East & Africa (5%). Our online surveys generally achieve a 72% response rate, while expert interviews deliver an 86% engagement level, resulting in a 93% confidence level with ±6.1% margin of error.


Through targeted questionnaires and in-depth interviews, we capture adoption motivators, integration challenges, return-on-investment perceptions, and solution stickiness across enterprise segments. These primary insights validate secondary findings and align market sizing with real-world conditions.


Market Engineering and Data Analysis Framework


Our data analysis framework integrates Top-Down, Bottom-Up, and Adoption-Rate modeling to forecast solution demand with precision.


Top-down and Bottom-up Process


In the Top-down approach, we disaggregate global S&E Technology revenues to estimate the Neuromorphic Chips segment, leveraging enterprise digitalization budgets and IT spending patterns. In the Bottom-up approach, we aggregate deployment data at the country and vertical levels, considering subscription volumes, integration projects, and solution renewals to forecast regional and global adoption. By reconciling both approaches, we ensure statistical robustness and forecast reliability.


We further map the solution delivery value chain spanning Material Sourcing (IBM, Intel), Chip Design & Manufacturing (Samsung, Qualcomm), and Testing & Quality Assurance. Our parallel substitute analysis examines Quantum Computing, Digital Neuromorphic Systems, and Multicore Processing Units, highlighting diversification opportunities and competitive risks.


Company Market Share and Benchmarking


We benchmark leading solution providers such as IBM, Intel Corporation, and General Vision, analyzing their strengths in deployment scalability, integration capabilities, customer retention, and partner ecosystem development. Company revenues, case deployments, and recurring revenue streams are assessed to estimate market shares and clarify competitive positioning.


Our integration of triangulated data, ecosystem mapping, and solution benchmarking, enhanced by our proprietary Directional Superposition methodology, ensures precise forecasts and actionable strategic insights into the Neuromorphic Chips market.


Quality Assurance and Compliance


We cross-reference secondary data with primary inputs and external expert reviews to confirm consistency. Further, we use stratified sampling, anonymous surveys, third-party interviews, and time-based sampling to reduce bias and strengthen our results.


Our methodology is developed in alignment with ISO 20252 standards and ICC/ESOMAR guidelines for research ethics. The study methodology follows globally recognized frameworks such as ISO 20252 and ICC codes of practice.

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Neuromorphic Chips Market Data: Size, Segmentation & Growth Forecast

Report AttributeDetails
Market Value in 2025USD 9.1 billion
Revenue Forecast in 2034USD 56.3 billion
Growth RateCAGR of 22.5% from 2025 to 2034
Base Year for Estimation2024
Industry Revenue 20247.4 billion
Growth OpportunityUSD 48.9 billion
Historical Data2019 - 2023
Growth Projection / Forecast Period2025 - 2034
Market Size UnitsMarket Revenue in USD billion and Industry Statistics
Market Size 20247.4 billion USD
Market Size 202713.6 billion USD
Market Size 202920.4 billion USD
Market Size 203025.0 billion USD
Market Size 203456.3 billion USD
Market Size 203569.0 billion USD
Report CoverageMarket revenue for past 5 years and forecast for future 10 years, Competitive Analysis & Company Market Share, Strategic Insights & trends
Segments CoveredChip Architecture, Application, Industry Vertical, Technology Type
Regional scopeNorth America, Europe, Asia Pacific, Latin America and Middle East & Africa
Country scopeU.S., Canada, Mexico, UK, Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Mexico, Argentina, Saudi Arabia, UAE and South Africa
Companies ProfiledIBM, Intel Corporation, General Vision, Qualcomm Incorporated, Applied Brain Research Inc., BrainChip Holdings Ltd., HRL Laboratories, Hewlett Packard Labs, Vicarious FPC Inc., Samsung Electronics Limited, Numenta Inc. and Lockheed Martin Corporation.
CustomizationFree customization at segment, region or country scope and direct contact with report analyst team for 10 to 20 working hours for any additional niche requirement which is almost equivalent to 10% of report value

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Table of Contents

Industry Insights Report - Table Of Contents

Chapter 1

Executive Summary

Major Markets & Their Performance - Statistical Snapshots

Chapter 2

Research Methodology

2.1Axioms & Postulates
2.2Market Introduction & Research MethodologyEstimation & Forecast Parameters / Major Databases & Sources
Chapter 3

Market Dynamics

3.1Market OverviewDrivers / Restraints / Opportunities / M4 Factors
3.2Market Trends
3.2.1Introduction & Narratives
3.2.2Market Trends - Impact Analysis(Short, Medium & Long Term Impacts)
3.3Supply Chain Analysis
3.4Porter's Five ForcesSuppliers & Buyers' Bargaining Power, Threat of Substitution & New Market Entrants, Competitive Rivalry
Chapter 4

Neuromorphic Chips Market Size, Opportunities & Strategic Insights, by Chip Architecture

4.1Digital
4.2Analog
4.3Spiking
Chapter 5

Neuromorphic Chips Market Size, Opportunities & Strategic Insights, by Application

5.1Consumer Electronics
5.2Automotive
5.3Healthcare
5.4Military & Defense
5.5Computing
5.6Others
Chapter 6

Neuromorphic Chips Market Size, Opportunities & Strategic Insights, by Industry Vertical

6.1Information Technology
6.2Telecommunication
6.3Robotics
6.4Aerospace
6.5Biomedical
Chapter 7

Neuromorphic Chips Market Size, Opportunities & Strategic Insights, by Technology Type

7.1VLSI Systems
7.2FPGA
7.3ASIC
Chapter 8

Neuromorphic Chips Market, by Region

8.1North America Neuromorphic Chips Market Size, Opportunities, Key Trends & Strategic Insights
8.1.1U.S.
8.1.2Canada
8.2Europe Neuromorphic Chips Market Size, Opportunities, Key Trends & Strategic Insights
8.2.1Germany
8.2.2France
8.2.3UK
8.2.4Italy
8.2.5The Netherlands
8.2.6Rest of EU
8.3Asia Pacific Neuromorphic Chips Market Size, Opportunities, Key Trends & Strategic Insights
8.3.1China
8.3.2Japan
8.3.3South Korea
8.3.4India
8.3.5Australia
8.3.6Thailand
8.3.7Rest of APAC
8.4Middle East & Africa Neuromorphic Chips Market Size, Opportunities, Key Trends & Strategic Insights
8.4.1Saudi Arabia
8.4.2United Arab Emirates
8.4.3South Africa
8.4.4Rest of MEA
8.5Latin America Neuromorphic Chips Market Size, Opportunities, Key Trends & Strategic Insights
8.5.1Brazil
8.5.2Mexico
8.5.3Rest of LA
8.6CIS Neuromorphic Chips Market Size, Opportunities, Key Trends & Strategic Insights
8.6.1Russia
8.6.2Rest of CIS
Chapter 9

Competitive Landscape

9.1Competitive Dashboard & Market Share Analysis
9.2Company Profiles (Overview, Financials, Developments, SWOT)
9.2.1IBM
9.2.2Intel Corporation
9.2.3General Vision
9.2.4Qualcomm Incorporated
9.2.5Applied Brain Research Inc.
9.2.6BrainChip Holdings Ltd.
9.2.7HRL Laboratories
9.2.8Hewlett Packard Labs
9.2.9Vicarious FPC Inc.
9.2.10Samsung Electronics Limited
9.2.11Numenta Inc.
9.2.12Lockheed Martin Corporation.