Product Code: GVR-4-68040-476-7
Neural Processor Market Size & Trends:
The global neural processor market size was estimated at USD 237.6 million in 2023 and is projected to grow at a CAGR of 19.3% from 2024 to 2030. The neural processor market is growing due to the rapid expansion of artificial intelligence (AI) and machine learning (ML) applications across various sectors. These technologies require specialized hardware capable of processing complex algorithms efficiently, which traditional CPUs and GPUs struggle to handle. Neural processors are specifically designed to manage AI workloads, providing faster performance and greater energy efficiency. This increased capability makes them essential for applications such as autonomous vehicles, real-time analytics, and natural language processing. As AI becomes more prevalent in industries such as healthcare, finance, and manufacturing, the demand for neural processors continues to rise. Companies are investing heavily in research and development to create more advanced neural processors to meet these needs.
Consumer electronics are another key area contributing to the rise of the neural processor market. Devices such as smartphones, smart speakers, and home automation systems are increasingly incorporating AI features to enhance user experiences. Neural processors enable these devices to perform tasks such as voice recognition, image processing, and personalized recommendations more efficiently. As more consumers seek AI-powered functionalities in their devices, manufacturers are integrating neural processors to meet this demand. This trend has led to significant growth in the neural processor market, especially as companies compete to offer the most advanced AI-enabled products. Improvements in semiconductor manufacturing have contributed to the ability to produce neural processors more efficiently and on a larger scale. This combination of consumer demand and technological progress is accelerating the adoption of neural processors.
The growing reliance on cloud computing and edge computing has further accelerated the demand for neural processors. Cloud service providers are increasingly offering AI-as-a-service solutions that depend on neural processors to deliver high-speed, scalable AI capabilities. These processors are critical for managing large volumes of data and performing complex AI computations in real time. In edge computing, neural processors help process data closer to the source, reducing latency and improving decision-making for applications such as autonomous vehicles and smart cities. This decentralization of AI processing requires powerful neural processors to ensure smooth and efficient operations. As both cloud and edge computing grow, neural processors are becoming indispensable for enabling AI in a wide range of scenarios.
Global Neural Processor Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global neural processor market report based on operation, application and region.
- Operation Outlook (Revenue, USD Million, 2018 - 2030)
- Training
- Inference
- Application Outlook (Revenue, USD Million, 2018 - 2030)
- Smartphones and Tablets
- Autonomous Vehicles
- Robotics and Drones
- Healthcare and Medical Devices
- Smart Home Devices and IoT
- Cloud and Data Center AI
- Industrial Automation
- Others
- Regional Outlook (Revenue, USD Million, 2018 - 2030)
- North America
- Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Latin America
- Middle East and Africa (MEA)
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Market Definition
- 1.3. Research Methodology
- 1.3.1. Information Procurement
- 1.3.2. Information or Data Analysis
- 1.3.3. Market Formulation & Data Visualization
- 1.3.4. Data Validation & Publishing
- 1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. Neural Processor Market Variables, Trends, & Scope
- 3.1. Market Introduction/Lineage Outlook
- 3.2. Market Dynamics
- 3.2.1. Market Driver Analysis
- 3.2.2. Market Restraint Analysis
- 3.2.3. Industry Challenge
- 3.3. Neural Processor Market Analysis Tools
- 3.3.1. Porter's Analysis
- 3.3.2. PESTEL Analysis
Chapter 4. Neural Processor Market: Operation Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Neural Processor Market: Operation Movement Analysis, 2023 & 2030 (USD Million)
- 4.3. Training
- 4.3.1. Training Neural Processor Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.4. Inference
- 4.4.1. Inference Neural Processor Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 5. Neural Processor Market: Application Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. Neural Processor Market: Application Movement Analysis, 2023 & 2030 (USD Million)
- 5.3. Smartphones and Tablets
- 5.3.1. Smartphones and Tablets Neural Processor Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.4. Autonomous Vehicles
- 5.4.1. Autonomous Vehicles Neural Processor Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.5. Robotics and Drones
- 5.5.1. Robotics and Drones Neural Processor Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.6. Healthcare and Medical Devices
- 5.6.1. Healthcare and Medical Devices Neural Processor Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.7. Smart Home Devices and IoT
- 5.7.1. Smart Home Devices and IoT Neural Processor Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.8. Cloud and Data Center AI
- 5.8.1. Cloud and Data Center AI Neural Processor Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.9. Robotics and Drones
- 5.9.1. Robotics and Drones Neural Processor Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.10. Industrial Automation
- 5.10.1. Industrial Automation Neural Processor Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.11. Others
- 5.11.1. Others Neural Processor Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 6. Neural Processor Market: Regional Estimates & Trend Analysis
- 6.1. Neural Processor Market Share, By Region, 2023 & 2030 (USD Million)
- 6.2. North America
- 6.2.1. North America Neural Processor Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.2.2. U.S.
- 6.2.2.1. U.S. Neural Processor Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.2.3. Canada
- 6.2.3.1. Canada Neural Processor Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.2.4. Mexico
- 6.2.4.1. Mexico Neural Processor Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3. Europe
- 6.3.1. Europe Neural Processor Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.2. UK
- 6.3.2.1. UK Neural Processor Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.3. Germany
- 6.3.3.1. Germany Neural Processor Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.4. France
- 6.3.4.1. France Neural Processor Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4. Asia Pacific
- 6.4.1. Asia Pacific Neural Processor Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.2. China
- 6.4.2.1. China Neural Processor Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.3. Japan
- 6.4.3.1. Japan Neural Processor Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.4. India
- 6.4.4.1. India Neural Processor Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.5. South Korea
- 6.4.5.1. South Korea Neural Processor Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.6. Australia
- 6.4.6.1. Australia Neural Processor Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.5. Latin America
- 6.5.1. Latin America Neural Processor Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.5.2. Brazil
- 6.5.2.1. Brazil Neural Processor Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6. Middle East and Africa
- 6.6.1. Middle East and Africa Neural Processor Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6.2. KSA
- 6.6.2.1. KSA Neural Processor Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6.3. UAE
- 6.6.3.1. UAE Neural Processor Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6.4. South Africa
- 6.6.4.1. South Africa Neural Processor Market Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 7. Competitive Landscape
- 7.1. Company Categorization
- 7.2. Company Market Positioning
- 7.3. Participant's Overview
- 7.4. Financial Performance
- 7.5. Component Benchmarking
- 7.6. Company Heat Map Analysis
- 7.7. Strategy Mapping
- 7.8. Company Profiles/Listing
- 7.8.1. Advanced Micro Devices, Inc.
- 7.8.1.1. Participant's Overview
- 7.8.1.2. Financial Performance
- 7.8.1.3. Product Benchmarking
- 7.8.1.4. Recent Developments
- 7.8.2. Arm Limited
- 7.8.2.1. Participant's Overview
- 7.8.2.2. Financial Performance
- 7.8.2.3. Product Benchmarking
- 7.8.2.4. Recent Developments
- 7.8.3. Aspinity, Inc.
- 7.8.3.1. Participant's Overview
- 7.8.3.2. Financial Performance
- 7.8.3.3. Product Benchmarking
- 7.8.3.4. Recent Developments
- 7.8.4. Bitbrain Technologies
- 7.8.4.1. Participant's Overview
- 7.8.4.2. Financial Performance
- 7.8.4.3. Product Benchmarking
- 7.8.4.4. Recent Developments
- 7.8.5. BrainChip, Inc.
- 7.8.5.1. Participant's Overview
- 7.8.5.2. Financial Performance
- 7.8.5.3. Product Benchmarking
- 7.8.5.4. Recent Developments
- 7.8.6. BrainCo, Inc.
- 7.8.6.1. Participant's Overview
- 7.8.6.2. Financial Performance
- 7.8.6.3. Product Benchmarking
- 7.8.6.4. Recent Developments
- 7.8.7. General Vision, Inc.
- 7.8.7.1. Participant's Overview
- 7.8.7.2. Financial Performance
- 7.8.7.3. Product Benchmarking
- 7.8.7.4. Recent Developments
- 7.8.8. Google LLC
- 7.8.8.1. Participant's Overview
- 7.8.8.2. Financial Performance
- 7.8.8.3. Product Benchmarking
- 7.8.8.4. Recent Developments
- 7.8.9. Halo Neuroscience
- 7.8.9.1. Participant's Overview
- 7.8.9.2. Financial Performance
- 7.8.9.3. Product Benchmarking
- 7.8.9.4. Recent Developments
- 7.8.10. Intel Corporation
- 7.8.10.1. Participant's Overview
- 7.8.10.2. Financial Performance
- 7.8.10.3. Product Benchmarking
- 7.8.10.4. Recent Developments
- 7.8.11. NVIDIA Corporation
- 7.8.11.1. Participant's Overview
- 7.8.11.2. Financial Performance
- 7.8.11.3. Product Benchmarking
- 7.8.11.4. Recent Developments
- 7.8.12. Qualcomm Inc.
- 7.8.12.1. Participant's Overview
- 7.8.12.2. Financial Performance
- 7.8.12.3. Product Benchmarking
- 7.8.12.4. Recent Developments
- 7.8.13. Samsung Electronics Co. Ltd.
- 7.8.13.1. Participant's Overview
- 7.8.13.2. Financial Performance
- 7.8.13.3. Product Benchmarking
- 7.8.13.4. Recent Developments