Australia Neural Processor Market Size & Outlook
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Australia neural processor market highlights
- The Australia neural processor market generated a revenue of USD 4.3 million in 2024 and is expected to reach USD 15.1 million by 2030.
- The Australia market is expected to grow at a CAGR of 23.2% 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 4.3 million |
| Market revenue in 2030 | USD 15.1 million |
| Growth rate | 23.2% (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, Australia accounted for 1.5% 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 Asia Pacific, China neural processor market is projected to lead the regional market in terms of revenue in 2030.
- South Korea is the fastest growing regional market in Asia Pacific and is projected to reach USD 29.3 million by 2030.
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Neural Processor Market Scope
Neural Processor Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| General Vision | View profile | 1-10 | San Francisco, California, United States, North America | https://general-vision.com/ |
| BrainCo | View profile | 11-50 | Somerville, Massachusetts, United States, North America | http://www.brainco.tech |
| Aspinity | View profile | 11-50 | Pittsburgh, Pennsylvania, United States, North America | http://www.aspinity.com/ |
| Halo Neuroscience | View profile | 11-50 | San Francisco, California, United States, North America | http://haloneuro.com/ |
| View profile | 10001+ | Mountain View, California, United States, North America | https://www.google.com | |
| BrainChip Holdings Ltd | View profile | 78 | Level 12, 225 George Street, Sydney, NSW, Australia, 2000 | https://www.brainchipinc.com |
| Advanced Micro Devices Inc | View profile | 26000 | 2485 Augustine Drive, Santa Clara, CA, United States, 95054 | https://www.amd.com |
| Bitbrain | View profile | 11-50 | Zaragoza, Aragon, Spain, Europe | http://www.bitbrain.com |
| Qualcomm Inc | View profile | 50000 | 5775 Morehouse Drive, San Diego, CA, United States, 92121-1714 | https://www.qualcomm.com |
| Samsung Electronics Co Ltd | View profile | 124804 | 129, Samsung-ro, Yeongtong-gu, Gyeonggi-do, Suwon-si, Korea, Republic of, 443-742 | https://www.samsung.com |
| NVIDIA Corp | View profile | 29600 | 2788 San Tomas Expressway, Santa Clara, CA, United States, 95051 | https://www.nvidia.com |
| Intel Corp | View profile | 124800 | 2200 Mission College Boulevard, Santa Clara, CA, United States, 95054-1549 | https://www.intel.com |
Australia 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 67.44% in 2024. Horizon Databook has segmented the Australia neural processor market based on training, inference covering the revenue growth of each sub-segment from 2018 to 2030.
Australia is witnessing significant AI adoption in sectors such as healthcare, finance, retail, and mining. Neural processors are essential for accelerating AI and machine learning (ML) tasks, making them indispensable in these industries.
Moreover, the Australian government has invested in AI through initiatives such as the Artificial Intelligence Action Plan and funding for AI-focused research. This has boosted demand for advanced computing hardware, including neural processors.
In addition, the growth of edge computing in Australia, particularly in remote areas for industries such as, mining and agriculture, has increased demand for energy-efficient neural processors.
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Our clientele includes a mix of neural processor market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia neural processor market , including forecasts for subscribers. This country databook contains high-level insights into Australia neural processor market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia neural processor market size, by operation, 2018-2030 (US$M)
Australia Neural Processor Market Outlook Share, 2024 & 2030 (US$M)
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