North America Neural Processor Market Size, Share, and COVID-19 Impact Analysis, By Operation (Training and Inference), By Application (Smartphones & Tablets, Autonomous Vehicles, Robotics & Drones, Healthcare & Medical Devices, Smart Home Devices & IoT, and Others), and North America Neural Processor Market Insights, Industry Trend, Forecasts to 2035

North America Neural Processor Market Size Insights Forecasts to 2035

• The North America Neural Processor Market Size Was Estimated at USD 89.9 Million in 2024.
• The Market Size is Growing at a CAGR of 20.73% between 2025 and 2035.
• The North America Neural Processor Market Size is Anticipated to Reach USD 714.1 Million by 2035.

According to a Research Report Published by Spherical Insights & Consulting, The North America Neural Processor Market Size is anticipated to Hold USD 714.1 Million by 2035, Growing at a CAGR of 20.73% from 2025 to 2035. The North American neural processor market is expected to continue to grow in the future as a result of Increased AI workloads, the rise in use of autonomous systems, growth of edge computing, and the growing demand for higher-performance & energy-efficient chips throughout various Industries including automotive healthcare, enterprise, and more.

Market Overview

North America neural processor market is an industry that produces specific types of AI chips used to improve the effectiveness and efficiency of the computation of neural networks. These types of processors are needed in several industries: automotive, healthcare, robotics, consumer electronics, and applications that reside in a cloud environment. The growth of this market is aided by government initiatives in both the US and Canada that promote advances in the fields of AI and semiconductor technologies. For instance, within the United States, The CHIPS and Science Act includes over USD 52 billion for semiconductor incentives and promotes the development of large, scale chip manufacturing and R&D. In Canada, the Pan-Canadian artificial intelligence strategy provides CAD 443 million to support the rapid development of AI in the marketplace. These two programs, along with the growth of data centers, the expanding deployment of edge-AI and the rapid acceleration of digital transformation, have greatly increased the need for neural processors throughout North America.

Report Coverage

This research report categorizes the market for the North America neural processor market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the North America neural processor market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the North America neural processor market.

Driving Factors

As AI application proliferation occurs rapidly across multiple industries, including autonomous vehicles and healthcare diagnostics, cloud services, robotics, and other smart devices, the North America neural processor market continues to grow as more organizations require high-performance (low latency) processors. As part of this growth, significant government support through programs such as the U.S. CHIPS & Science Act and Canada’s AI Innovative Program has stimulated both semiconductor research & development and manufacturing. Market growth is further accelerated by the growing number of companies investing in Edge AI technology, and the increasing use of machine learning workloads that have taken place in the past few years due to an increase in the number of data centers.

Restraining Factors

The neural processor market in North America is challenged by the high costs of developing these processors, the complexity of their designs, a lack of fabrication capacity, supply chain interruption, shortages of skilled professionals to design these semiconductors, and challenges associated with integrating them into existing infrastructure.

Market Segmentation

The North America neural processor market share is classified into operation and application.

• The inference segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The North America neural processor market is segmented by operation into training and inference. Among these, the inference segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. This is because inference chips are widely deployed in edge devices, smartphones, autonomous systems, and enterprise AI applications where real-time decision-making and low-latency processing are essential. Their lower power consumption and scalability compared to training processors further support rapid adoption across commercial and industrial sectors.

• The smartphones & tablets segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The North America neural processor market is segmented by application into smartphones & tablets, autonomous vehicles, robotics & drones, healthcare & medical devices, smart home devices & IoT, and others. Among these, the smartphones & tablets segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. This dominance is driven by the rapid integration of AI-enabled features such as real-time image processing, voice assistance, on-device predictive analytics, and enhanced security functions. Major smartphone manufacturers increasingly rely on neural processors to deliver faster performance and improved user experiences. Growing consumer demand for AI-powered mobile applications, gaming, augmented reality (AR), and energy-efficient performance further strengthens the segment’s continued expansion.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the North America neural processor market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• General Vision
• BrainCo
• Aspinity
• Halo Neuroscience
• Google
• BrainChip Holdings Ltd
• Advanced Micro Devices Inc
• Bitbrain

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at North America, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the North America neural processor market based on the following segments:

North America Neural Processor Market, By Operation

• Training
• Inference

North America Neural Processor Market, By Application

• Smartphones and Tablets
• Autonomous Vehicles
• Robotics and Drones
• Healthcare and Medical Devices
• Smart Home Devices and IoT
• Others