Neuromorphic Computing Market Outlook 2027 By Offering, Size, Share, Trends, Growth, Technology

According to TechSci Research, Global neuromorphic computing market is expected to grow at a significant rate for the forecast period. Increase in demand for artificial intelligence and machine learning to improve the efficiency and performance of the devices as the combination of these two is expected to revolutionize the business environment by providing needful insights to make smart decisions. These devices are in high demand as they have several benefits over conventional devices such as image recognition, fraud detection, speech recognition, among others. Artificial intelligence technology finds application in various diverse industries comprising of defense, medical, entertainment, telecom, utility, telecom, food & beverages, among others. Neuromorphic chips are able large volume of data in parallel and the information can be stored in the neuromorphic chip itself in comparison to the central processing unit which constantly have to move the information from the memory...