The Neuromorphic Chip Market is expected to develop at an impressive CAGR of 20.7% from 2016 to 2026, generating a revenue potential of US$ 10,810 million. In 2015, the market was estimated to be worth US$ 1,420 million. The development of neuromorphic processor technology is being propelled by the prospect of significant increases in processing speed, operational …
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Neuromorphic Chip Market Surges, Anticipates 20.7% CAGR, Reaching US$ 10,810 Mn by 2026
From 2016 to 2026, the Neuromorphic Chip Market, which was predicted to be worth US$ 1,420 million in 2015, is anticipated to grow at an encouraging CAGR of 20.7%, creating a revenue opportunity of US$ 10,810 million. The promise of a large increase in processing speed, operational prowess, and enhanced fit for artificial intelligence applications is …
Neuromorphic Chip Market is expected to touch an approximate value of US$ 10,810 Mn by the end of 2026
A recent market research report by Future Market Insights presents a thorough overview of the global market for neuromorphic chip. The report is titled “Neuromorphic Chip Market: Global Industry Analysis and Opportunity Assessment, 2016-2026.” The report states that the market will exhibit a promising CAGR of 20.7% from 2016 to 2026, rising from a valuation of …