Neuromorphic computing or neuromorphic engineering has been described as the use of large integration systems containing numerous analog circuits allowing the replication of neuro-biological behaviors existing in a human's nervous system. The neuromorphic computing market platform consists of two vital systems based on the custom hardware architecture. Such systems are designed to program neural microcircuits by applying brain-like thought process in cognitive computing and machine learning process. This procedure enables a machine to learn, adapt and function like a human brain does rather than functioning like a normal computer. In addition, to perform such a complex task, the computing platform requires the state-of-the-art circuit technologies and electronic components, which allows the platform to receive new data or knowledge gained from various other sources of neuroscience research, e.g.
The release continues, "In 2015, about US$ 1.5 billion worth of revenues were attained through the global sales of neuromorphic chips. Increasing preference for neuromorphic engineering over conventional computing and a large-scale integration of analogue circuits for improving neurological & biological mimicking in smart machines continues to drive the demand in the global market for neuromorphic chips… Future Market Insights' report, titled "Neuromorphic Chips Market: Global Industry Analysis & Opportunity Assessment, 2016-2026," projects that the global neuromorphic chips market, which is currently valued at an estimated US$ 1.6 billion, will rake in revenues worth US$ 10,814.9 million by 2026 end. According to the report, the size of global neuromorphic chips market will expand exponentially – at 20.7% CAGR.
Artificial Intelligence in Transportation Market reports provides a comprehensive overview of the global market size and share. Artificial Intelligence in Transportation market data reports also provide a 5 year pre-historic and forecast for the sector and include data on socio-economic data of global. The Artificial Intelligence in Transportation market size will grow from USD XX Million in 2018 to USD XX Million by 2024, at an estimated CAGR of XX%. The base year considered for the study is 2017, and the market size is projected from 2018 to 2023. Look insights of Global Artificial Intelligence in Transportation industry market research report at https://www.pioneerreports.com/report/361684
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