Canada Neural Processor Market Size & Outlook, 2024-2030
Canada neural processor market, 2018-2030 (US$M)
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Canada neural processor market highlights
- The Canada neural processor market generated a revenue of USD 17.7 million in 2024 and is expected to reach USD 58.3 million by 2030.
- The Canada market is expected to grow at a CAGR of 22% from 2025 to 2030.
- In terms of segment, inference was the largest revenue generating operation in 2024.
- Inference is the most lucrative operation segment registering the fastest growth during the forecast period.
Neural processor market data book summary
| Market revenue in 2024 | USD 17.7 million |
| Market revenue in 2030 | USD 58.3 million |
| Growth rate | 22% (CAGR from 2025 to 2030) |
| Largest segment | Inference |
| Fastest growing segment | Inference |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Training, Inference |
| Key market players worldwide | Aspinity, Advanced Micro Devices Inc, Bitbrain, BrainChip Holdings Ltd, BrainCo, General Vision, Google, Halo Neuroscience, Intel Corp, NVIDIA Corp, Qualcomm Inc, Samsung Electronics Co Ltd |
Other key industry trends
- In terms of revenue, Canada accounted for 6.3% of the global neural processor market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. neural processor market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 58.3 million by 2030.
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Neural Processor Market Scope
Neural Processor Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada neural processor market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to neural processor market will help companies and investors design strategic landscapes.
Inference was the largest segment with a revenue share of 67.23% in 2024. Horizon Databook has segmented the Canada neural processor market based on training, inference covering the revenue growth of each sub-segment from 2018 to 2030.
Canada is investing heavily in AI research and development, with cities such as, Toronto, Montreal, and Vancouver emerging as AI hubs. The increasing demand for AI-driven solutions across industries such as healthcare, automotive, and manufacturing is driving the adoption of neural processors for faster, efficient data processing and AI computations.
Canada’s automotive sector, particularly in regions such as Ontario, is seeing growth in autonomous vehicle research and development. The need for advanced AI systems in self-driving cars boosts demand for neural processors that can handle real-time data processing from sensors and cameras essential for autonomous driving.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada neural processor market , including forecasts for subscribers. This country databook contains high-level insights into Canada neural processor market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada neural processor market size, by operation, 2018-2030 (US$M)
Canada Neural Processor Market Outlook Share, 2024 & 2030 (US$M)
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