ICT Industry Reports

Surge in demand for machine learning tools and solution is expected to drive the global neuromorphic computing market in the forecast period. According to TechSci Research report,  “Global  Neuromorphic Computing Market  By Offering (Hardware, Software) By Deployment (Edge Computing, Deploy Computing) By Application (Image Recognition, Signal Recognition, Data Mining) By Vertical (Aerospace, Military, Defense, Automotive, Consumer Electronics, Industrial, Medical, IT & Telecommunication, Others), By Region, Company Forecast & Opportunities, 2026” , the global neuromorphic computing market is expected to witness steady growth for the upcoming five years. Growing need for better performing integrated chips and innovation of new computation ways for higher efficiency is expected to fuel the growth of neuromorphic computing market. Neuromorphic chips provide plethora of advantages including optimum use of memory, high speed, and lower power consumption. These chips ar...

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...