Global Neuromorphic Chip Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Robotics, Smart Devices, Machine Learning, and Computer Vision.

By Technology;

CMOS Technology and Memristor Technology.

By Vertical;

Aerospace & Defence, Automotive, Consumer Electronics, Healthcare , Industrial, and Others.

By Application;

Image Recognition, Signal Recognition, Data Mining, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn750402778 Published Date: May, 2025 Updated Date: June, 2025

Neuromorphic Chip Market Overview

Neuromorphic Chip Market (USD Million)

Neuromorphic Chip Market was valued at USD 116.21 million in the year 2024. The size of this market is expected to increase to USD 1,773.58 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 47.6%.


Global Neuromorphic Chip Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 47.6 %


Study Period2025 - 2031
Base Year2024
CAGR (%)47.6 %
Market Size (2024)USD 116.21 Million
Market Size (2031)USD 1,773.58 Million
Market ConcentrationLow
Report Pages335
116.21
2024
1,773.58
2031

Major Players

  • IBM Research, Inc
  • Intel Corp
  • General Vision Inc.
  • Qualcomm Technologies Inc
  • Hewlett Packard Labs.
  • HRL Laboratories, LLC.
  • BrainChip Holdings Ltd.
  • Knowm Inc

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Neuromorphic Chip Market

Fragmented - Highly competitive market without dominant players


The Neuromorphic Chip Market is rapidly advancing as demand surges for computing solutions that emulate human brain functions. Built to replicate neural networks and synaptic behavior, these chips deliver faster data processing and adaptive decision-making. Their parallel processing capabilities and ultra-low latency make them a powerful alternative to traditional processors. Approximately 30% of hardware innovations in AI are now being shaped by neuromorphic technologies, reflecting their rising influence in next-gen computing.

AI and Edge Integration Fueling Market Momentum
Neuromorphic chips are transforming the landscape of AI and edge computing by delivering intelligent performance with minimal power draw. Their ability to process information locally allows for faster response times and greater efficiency in edge devices. These benefits have driven their adoption in robotics, smart sensors, and autonomous systems, with edge-based deployments contributing to nearly 40% of total neuromorphic chip usage. This trend points to a significant shift toward decentralized and adaptive AI frameworks.

Energy Efficiency and Real-Time Capabilities Drive Demand
One of the standout features of neuromorphic chips is their unmatched energy efficiency. Operating on an event-driven model, they activate only when needed, which dramatically cuts energy use. These chips consume up to 50% less power than conventional processors while delivering real-time data processing. Their efficiency and speed make them ideal for applications that require instant feedback, boosting their relevance in time-sensitive and power-constrained environments.

Innovation Backed by Robust R&D Investment
The rise of neuromorphic computing is being fueled by dedicated research and development (R&D) efforts. Significant funding is going into refining chip architectures to ensure scalability, reliability, and cost efficiency. Currently, over 35% of semiconductor R&D is focused on neuromorphic and related technologies. These strategic investments are accelerating the development of cutting-edge systems that closely mirror human cognitive functions while integrating seamlessly with current platforms.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Technology
    3. Market Snapshot, By Vertical
    4. Market Snapshot, By Application
    5. Market Snapshot, By Region
  4. Neuromorphic Chip Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. AI and machine learning adoption
        2. Demand for energy-efficient solutions
        3. Growth in IoT applications
        4. Advancements in neuromorphic computing
        5. Increasing complexity of algorithms
      2. Restraints
        1. High development costs
        2. Limited commercialization
        3. Integration challenges
        4. Performance scalability concerns
        5. Regulatory uncertainties
      3. Opportunities
        1. Research and development investments
        2. Expansion in healthcare applications
        3. Potential in autonomous systems
        4. Emergence of neuromorphic cloud computing
        5. Industrial automation advancements
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Neuromorphic Chip Market, By Type, 2021 - 2031 (USD Million)
      1. Robotics
      2. Smart Devices
      3. Machine Learning
      4. Computer Vision
    2. Neuromorphic Chip Market, By Technology, 2021 - 2031 (USD Million
      1. CMOS Technology
      2. Memristor Technology
    3. Neuromorphic Chip Market, By Vertical, 2021 - 2031 (USD Million)
      1. Aerospace & Defence
      2. Automotive
      3. Consumer Electronics
      4. Healthcare
      5. Industrial
      6. Others
    4. Neuromorphic Chip Market, By Application, 2021 - 2031 (USD Million)

      1. Image Recognition

      2. Signal Recognition

      3. Data Mining

      4. Others

    5. Neuromorphic Chip Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. Canada
        2. United States
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. IBM Research, Inc
      2. Intel Corp
      3. General Vision Inc.
      4. Qualcomm Technologies Inc
      5. Hewlett Packard Labs.
      6. HRL Laboratories, LLC.
      7. BrainChip Holdings Ltd.
      8. Knowm Inc
  7. Analyst Views
  8. Future Outlook of the Market