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 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 2023USD 382.6 million
Market revenue in 2030USD 1,512.3 million
Growth rate21.7% (CAGR from 2023 to 2030)
Largest segmentConsumer electronics
Fastest growing segmentHealthcare
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationConsumer Electronics, Automotive, Healthcare, Military & Defense
Key market players worldwideBrainChip 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 Companies

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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)

Latin America neuromorphic computing market size, by country, 2018-2030 (US$M)

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