Neuromorphic Computing Market
The market for Neuromorphic Computing was estimated at $3.6 billion in 2024; it is anticipated to increase to $13.3 billion by 2030, with projections indicating growth to around $39.7 billion by 2035.
Global Neuromorphic Computing Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Neuromorphic Computing industry revenue is expected to be around $4.4 billion in 2025 and expected to showcase growth with 24.5% CAGR between 2025 and 2034. Its use and transformative abilities make it a game changer that could lead to major shifts not only in computing but also, in artificial intelligence and robotics. By enabling the development of machines that mimic thinking and learning processes this groundbreaking technology is expected to usher in a new era of progress driving remarkable advancements and transformations across various applications worldwide.
Neuromorphic Computings special power comes from its ability to imitate the neural structure and functions of the human brain to handle complex calculations effectively.
Market Key Insights
- The Neuromorphic Computing market is projected to grow from $3.6 billion in 2024 to $31.9 billion in 2034. This represents a CAGR of 24.5%, reflecting rising demand across Machine Vision, Real-Time Data Analysis and Autonomous Robots.
- IBM, Intel Corporation, Qualcomm Incorporated are among the leading players in this market, shaping its competitive landscape.
- U.S. and China are the top markets within the Neuromorphic Computing market and are expected to observe the growth CAGR of 23.5% to 34.3% between 2024 and 2030.
- Emerging markets including Brazil, India and South Africa are expected to observe highest growth with CAGR ranging between 18.4% to 25.5%.
- Transition like Artificial Intelligence Ascendancy is expected to add $978 million to the Neuromorphic Computing market growth by 2030.
- The Neuromorphic Computing market is set to add $28.3 billion between 2024 and 2034, with industry players targeting Signal Recognition & Data Mining Application projected to gain a larger market share.
- With Advancement in computing technology, and Dominance of ai and machine learning applications, Neuromorphic Computing market to expand 795% between 2024 and 2034.
