Press release
Artificial Intelligence Chip Market Report | Growth Projections & Advanced Technologies with Forecast To 2025
Market Secnario:Artificial intelligence is progressive technology of computer science and regarding to human intelligence with similar characteritics such as resoning, learning, language understanding, probile solving and others.Developments in creating human-like robots and increase in rate of deployments in the developing countries transformed the overall market growth. Manufacturer in the industry have withnessed huge underlying intellectual challenges in the development and revision of such a technology. AI is placed at the core of the next-generation software technologies in the industry.
The artificial intelligence chip market withnessed an increase in the adoption of this technology specially in the developing countries. Additionally, adopting innovative techniques of companies to provide end-users with advansed and inovated product offerings. Organization have adopted strategies such as cooperation, collaboration, product launch, partnership, R&D and accession to expand their geographical presence and increase their market share . Further, few factors are expected to impact the induatry during forcast period are lack of skilled workforce, emergency of quantum computing, increase investment in AI startups.
Market Segmentation:
The global artificial intelligence chip major market segment on the basis of chip type, industrial vehicle, technology and applications. Based on chip type the global artificial intelligence chip market is bifurcated into GPU, ASIC, FPGA and CPU while based on industrial vehicle it is segmented into media and advertising, BFSI, IT and telecom, retail, healthcare, automotive and transportation. Based on technology it is divided into system-on-chi, system-in-package and multi-chip module. Based on application the global artificial intelligence chip market is classified into predictive, maintenance, image recognition, contract analytics.
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Regional Analysis:
The global artificial intelligence chip market is majorly studied across four regions: North America, Europe, Asia Pacific and LAMEA (Latin America, Middle East and Africa). Asia-Pacific region is significant grow at a pace predicting a lucrative industry growth. Further, North-America region exhibits the adoption of artificial intellignce chip market. Additionally, during the forecast period the global artificial intelligence chipindustry is expected to grow in smart cities. Recent developments in the emerging economies, such as India and China, in various industry verticals such as finance, media and advertise, healthcare, retail, automotive and transportation and others have created growth potential.
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Key players:
The major key players operating the global artificial intelligence chip market are: AMD (Advanced Micro Devices), Intel Corporation, Adapteva, NVIDIA, Baidu,Google Inc., Graphcore, Qualcomm, UC-Davis, Mythic, and others.
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