Europe Neuromorphic Chip Market- Size, Outlook, Trends and Forecast (2024 – 2032)

Published : 30 Aug 2024

Report Type : Regional

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Europe Neuromorphic Chip Market- Size, Outlook, Trends and Forecast (2024 - Size

Study Period

2018 - 2030

Base Year For Estimation

2023

Forecast Data Period

2024-2030

Historical Data Period

2018-2021

CAGR

7 %

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

The Europe Neuromorphic chip market might grow up to 0.48 Billion at a CAGR of 26.9% from 2018-2024. Neuromorphic chips have a lot of memory which is located very close to the computed engines. Neuromorphic chips are essentially more efficient which includes robotics and intelligent video surveillance, and these are used for supervised learning too.

Europe Neuromorphic Chip Market

Europe Neuromorphic Chip Market- Size, Outlook, Trends and Forecast (2024 - Growth

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

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Utilization of these Neuromorphic chips in the signal processing is witnessing a more significant development over the next five years. For image recognition, we slowly make use of Neuromorphic chips in the following segments like defence, aerospace, automotive, and logistics.

Europe the always-connected PC

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Europe Neuromorphic Chip Market- Size, Outlook, Trends and Forecast (2024 - Porter's Five Force Analysis

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

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