Product Code: ETC4467876 | Publication Date: Jul 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The neuromorphic computing market in Australia is developing as AI-powered processors that mimic human brain functions gain traction in robotics, autonomous systems, and deep learning applications, enabling faster and more efficient data processing.
The neuromorphic computing market in Australia is driven by increasing demand for artificial intelligence (AI) and machine learning (ML) applications. Rising adoption of neuromorphic chips for improving computational efficiency and pattern recognition is fueling market growth. Enhanced focus on improving processing speed, energy efficiency, and real-time data analysis is supporting market expansion.
The neuromorphic computing market in Australia faces challenges from high costs of research and development and limited availability of skilled professionals. Compatibility issues with existing computing systems and the complexity of developing neuromorphic architectures further restrict market growth.
The Australia Neuromorphic Computing Market presents significant investment potential due to increasing demand for AI-based computing systems. Opportunities include developing next-generation neuromorphic chips, improving real-time processing, and expanding into AI and machine learning applications.
Neuromorphic computing systems used in artificial intelligence (AI) and machine learning (ML) are regulated under the Privacy Act 1988 and the Cyber Security Strategy. The government mandates that AI systems using neuromorphic chips meet data privacy, encryption, and cybersecurity standards. AI-based applications involving sensitive data, such as healthcare and defense, must comply with national security guidelines set by the Australian Signals Directorate (ASD).
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Neuromorphic Computing Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Neuromorphic Computing Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Neuromorphic Computing Market - Industry Life Cycle |
3.4 Australia Neuromorphic Computing Market - Porter's Five Forces |
3.5 Australia Neuromorphic Computing Market Revenues & Volume Share, By Offering, 2021 & 2031F |
3.6 Australia Neuromorphic Computing Market Revenues & Volume Share, By Deployment, 2021 & 2031F |
3.7 Australia Neuromorphic Computing Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Australia Neuromorphic Computing Market Revenues & Volume Share, By Vertical, 2021 & 2031F |
4 Australia Neuromorphic Computing Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Australia Neuromorphic Computing Market Trends |
6 Australia Neuromorphic Computing Market, By Types |
6.1 Australia Neuromorphic Computing Market, By Offering |
6.1.1 Overview and Analysis |
6.1.2 Australia Neuromorphic Computing Market Revenues & Volume, By Offering, 2021-2031F |
6.1.3 Australia Neuromorphic Computing Market Revenues & Volume, By Hardware, 2021-2031F |
6.1.4 Australia Neuromorphic Computing Market Revenues & Volume, By Software, 2021-2031F |
6.2 Australia Neuromorphic Computing Market, By Deployment |
6.2.1 Overview and Analysis |
6.2.2 Australia Neuromorphic Computing Market Revenues & Volume, By Edge Computing, 2021-2031F |
6.2.3 Australia Neuromorphic Computing Market Revenues & Volume, By Cloud Computing, 2021-2031F |
6.3 Australia Neuromorphic Computing Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Australia Neuromorphic Computing Market Revenues & Volume, By Image Recognition, 2021-2031F |
6.3.3 Australia Neuromorphic Computing Market Revenues & Volume, By Signal Recognition, 2021-2031F |
6.3.4 Australia Neuromorphic Computing Market Revenues & Volume, By Data Mining, 2021-2031F |
6.4 Australia Neuromorphic Computing Market, By Vertical |
6.4.1 Overview and Analysis |
6.4.2 Australia Neuromorphic Computing Market Revenues & Volume, By Aerospace, Military, & Defense, 2021-2031F |
6.4.3 Australia Neuromorphic Computing Market Revenues & Volume, By Automotive, 2021-2031F |
6.4.4 Australia Neuromorphic Computing Market Revenues & Volume, By Consumer Electronics, 2021-2031F |
6.4.5 Australia Neuromorphic Computing Market Revenues & Volume, By Industrial, 2021-2031F |
6.4.6 Australia Neuromorphic Computing Market Revenues & Volume, By Medical, 2021-2031F |
6.4.7 Australia Neuromorphic Computing Market Revenues & Volume, By IT & Telecommunication, 2021-2031F |
7 Australia Neuromorphic Computing Market Import-Export Trade Statistics |
7.1 Australia Neuromorphic Computing Market Export to Major Countries |
7.2 Australia Neuromorphic Computing Market Imports from Major Countries |
8 Australia Neuromorphic Computing Market Key Performance Indicators |
9 Australia Neuromorphic Computing Market - Opportunity Assessment |
9.1 Australia Neuromorphic Computing Market Opportunity Assessment, By Offering, 2021 & 2031F |
9.2 Australia Neuromorphic Computing Market Opportunity Assessment, By Deployment, 2021 & 2031F |
9.3 Australia Neuromorphic Computing Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Australia Neuromorphic Computing Market Opportunity Assessment, By Vertical, 2021 & 2031F |
10 Australia Neuromorphic Computing Market - Competitive Landscape |
10.1 Australia Neuromorphic Computing Market Revenue Share, By Companies, 2024 |
10.2 Australia Neuromorphic Computing Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |