Global Machine Learning Chip Market To Grow At A CAGR Of 40.8% From 2018 To 2025

Allied Market Research (AMR), a research firm based in Portland, has published a report, titled, “Machine Learning Chip Market - Global Opportunity Analysis and Industry Forecast, 2018–2025”. According to the report, the machine learning chip market accounted for $2.42 billion in 2017 and is expected to reach $37.84 billion by 2025, registering a CAGR of 40.8% through 2025.

The report provides an in-depth analysis of dynamic factors such as drivers, restraints, and challenges, top-winning strategies, key segments & sub-segments, and key market players to help market players, stakeholders, investors, and new entrants understand the current market conditions and evaluate the future scenario.

Request a Sample of the Report: https://www.alliedmarketresearch.com/request-sample/2055

Advent of artificial intelligence (AI), use of machine learning in various applications, and emergence of quantum computing are the key drivers of the machine learning chip market. Moreover, the development of autonomous robots that operate without human intervention has supplemented the growth of the market. However, dearth of skilled workforce and concerns regarding AI are the major restraints of the market. On the contrary, rise in demand for smart homes & cities, increase in efforts to make more human-like robots, and increased popularity of IoT across the globe are expected to create lucrative opportunities for the market players in the machine learning chip industry.

The report segments the global machine learning chip market based on chip type, industry vertical, technology, and region. Chip types analyzed in the report include Graphical Processing Unit (GPU), Application-Specific Integrated Circuit (ASIC), Field-Programmable Gate Array (FPGA), Central Processing Unit (CPU), and others. The industry verticals discussed in the report are Media & advertising, BFSI, IT & telecom, retail, healthcare, automotive & transportation, and Others. Technologies analyzed in the report are system-on-chip, multi-chip module, system-in-package, and others. On the basis of geographical regions, the report is segmented into North America, Europe, Asia-Pacific, and Latin America, Middle East and Africa (LAMEA).

“The current business scenario has witnessed an increase in the adoption of this technology, particularly in the developing regions. The companies have been adopting innovative techniques to provide customers with advanced and innovated product offerings,” stated Akshay Jadhav, Lead Analyst, Semiconductor & Electronics at AMR.

The leading market players included in the report are AMD (Advanced Micro Devices), Google, Inc., Intel Corporation, NVIDIA, Baidu, Bitmain Technologies, Qualcomm, Amazon, Xilinx, and Samsung.

Find the entire report at: https://www.alliedmarketresearch.com/machine-learning-chip-market

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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