Latin America Neuromorphic Computing Market Size & Outlook
The neuromorphic computing market in Latin America is expected to reach a projected revenue of US$ 1,512.3 million by 2030. A compound annual growth rate of 21.7% is expected of Latin America neuromorphic computing market from 2024 to 2030.
Revenue, 2023 (US$M)
$382.6
Forecast, 2030 (US$M)
$1,512.3
CAGR, 2024 - 2030
21.7%
Report Coverage
Latin America
Latin America neuromorphic computing market, 2018-2030 (US$M)
Related Markets
Latin America neuromorphic computing market highlights
- The Latin America neuromorphic computing market generated a revenue of USD 382.6 million in 2023.
- The market is expected to grow at a CAGR of 21.7% from 2024 to 2030.
- In terms of segment, consumer electronics was the largest revenue generating end-use in 2023.
- Healthcare is the most lucrative end-use segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 382.6 million |
| Market revenue in 2030 | USD 1,512.3 million |
| Growth rate | 21.7% (CAGR from 2023 to 2030) |
| Largest segment | Consumer electronics |
| Fastest growing segment | Healthcare |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Consumer Electronics, Automotive, Healthcare, Military & Defense |
| Key market players worldwide | BrainChip Holdings Ltd, Hewlett Packard Enterprise Co, Boeing Co, International Business Machines Corp, Intel Corp, Qualcomm Inc, Samsung Electronics Co Ltd, Vicarious Surgical Inc |
Other key industry trends
- In terms of revenue, Latin America region accounted for 7.3% of the global neuromorphic computing market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 6,335.4 million by 2030.
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Neuromorphic Computing Market Scope
Neuromorphic computing market segmentation & scope
Neuromorphic Computing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America neuromorphic computing 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 neuromorphic computing market will help companies and investors design strategic landscapes.
Consumer electronics was the largest segment with a revenue share of 58.99% in 2023. Horizon Databook has segmented the Latin America neuromorphic computing market based on consumer electronics, automotive, healthcare, military & defense covering the revenue growth of each sub-segment from 2018 to 2030.
- Latin America Neuromorphic Computing End-Use Outlook (Revenue, USD Million, 2018-2030)
- Consumer Electronics
- Automotive
- Healthcare
- Military & Defense
- Others
- Latin America Neuromorphic Computing Application Outlook (Revenue, USD Million, 2018-2030)
- Signal Processing
- Image Processing
- Data Processing
- Object Detection
- Others
- Latin America Neuromorphic Computing Deployment Outlook (Revenue, USD Million, 2018-2030)
- Edge
- Cloud
- Latin America Neuromorphic Computing Component Outlook (Revenue, USD Million, 2018-2030)
- Hardware
- Software
- Services
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Our clientele includes a mix of neuromorphic computing market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America neuromorphic computing market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America neuromorphic computing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America neuromorphic computing market size, by country, 2018-2030 (US$M)
Latin America Neuromorphic Computing Market Outlook Share, 2023 & 2030 (US$M)
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