Why Neuromorphic Computing vs AI Is Key to Market Disruption
Neuromorphic computing represents a revolutionary approach that mimics the human brain's architecture and processes, offering distinct advantages over traditional AI. According to Persistence Market Research, the global neuromorphic computing market is currently valued at approximately US$5.4 billion, with a robust compound annual growth rate (CAGR) of 20.9%, projected to reach US$20.4 billion by 2031. This growth is driven by rising demand for AI-driven applications, advancements in machine learning algorithms, and the necessity for high-performance, low-power computing systems. Neuromorphic computing’s efficiency positions it as a key player in future technological innovations.