Neural Processor Market Insights, Covid-19 Impact, Future Scope Analysis

A neural processor, known as a Neural Processing Unit, is a hardware component designed for accelerating artificial neural networks and deep learning tasks.

Neural Processor Market size was valued at USD 190 Mn. in 2022 and is expected to reach USD 620 Mn. by 2029, at a CAGR of 18.2% over the forecast period (2023-2029).

Neural Processor Market Overview:

This study categorizes the Neural Processor market to anticipate revenues and analyze trends in each of the sub-markets listed below.

Market Scope:

The competition strategic window researches the competitive environment in terms of markets, applications, and regions to assist the vendor in defining an alignment or fit between their strengths and future growth opportunities. It describes the optimum or most beneficial fit for vendors to pursue sequential merger and acquisition tactics, regional expansion, RD, and new product launch techniques to execute future business expansion and growth over a projected period.

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Segmentation:

by Type of Neural Processor

Central Processing Units (CPUs)
Graphics Processing Units (GPUs)
Field-Programmable Gate Arrays (FPGAs)
Application-Specific Integrated Circuits (ASICs)
Neural Processing Units (NPUs)

by Technology

Digital Neural Processors
Analog Neural Processors
Hybrid Neural Processors

Key Players: The key players are

1. Syntiant
2. BrainChip, Inc.
3. aiMotive
4. NVIDIA Corporation
5. Google
6. Intel
7. Qualcomm
8. Apple
9. General Vision Inc
10. IBM
11. Advanced Micro Devices
12. Groq
13. Utmel Electronics
14. Arm
15. Samsung
16. AMD
17. Cerebras Systems
18. Flex Logix
19. Renesas Electronics
20. CEVA Inc

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Regional Analysis:

The Neural Processor market prediction research is created after a thorough examination of many geographical areas, including Asia-Pacific, Europe, North America, and the rest of the globe. North America has the greatest power over the Neural Processor market share and will continue to be a major shareholder in the global Neural Processor market.

COVID-19 Impact Analysis on Neural Processor Market:

The impact of COVID-19 pandemic on Neural Processor market has also been included in the report.

Key Questions Answered in the Neural Processor Market Report are:

  • Which are the prominent players in the Neural Processor market?
  • What key trends are likely to emerge in the Neural Processor market in the coming years?
  • What will be the Neural Processor market size ?
  • Which company held the largest share in the Neural Processor market?

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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