South Africa Neural Processor Market Size & Outlook
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South Africa neural processor market highlights
- The South Africa neural processor market generated a revenue of USD 4.5 million in 2024 and is expected to reach USD 7.4 million by 2030.
- The South Africa market is expected to grow at a CAGR of 8.8% 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 4.5 million |
| Market revenue in 2030 | USD 7.4 million |
| Growth rate | 8.8% (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, South Africa accounted for 1.6% 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 Middle East & Africa, Saudi Arabia neural processor market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 7.4 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 |
South Africa 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 66.67% in 2024. Horizon Databook has segmented the South Africa neural processor market based on training, inference covering the revenue growth of each sub-segment from 2018 to 2030.
The rise in smart devices and the Internet of Things (IoT), there is a strong push for high-performance processors to power these technologies, making neural processors an essential component in the local tech ecosystem.
South African government initiatives, such as, the National Digital and Cybersecurity Policy Framework, are fostering innovation in AI and related technologies, which in turn supports the demand for neural processors.
Furthermore, the burgeoning tech startup ecosystem in South Africa is a significant driver for the adoption of neural processors. These startups are exploring AI solutions, particularly in industries such as agriculture, fintech, and logistics, which require specialized hardware.
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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 South Africa neural processor market , including forecasts for subscribers. This country databook contains high-level insights into South Africa neural processor market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa neural processor market size, by operation, 2018-2030 (US$M)
South Africa Neural Processor Market Outlook Share, 2024 & 2030 (US$M)
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