Deep Learning Chip Market Expected to Reach $29,368.0 Million by 2025 - Prominent Factors

The global deep learning chip market was valued at $1,975 million in 2017, and is projected to reach $29,368.0 million by 2025, growing at a CAGR of 39.9% from 2018 to 2025.

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At present, North America dominates the market, followed by Europe. In 2017, U.S. dominated the North America market and UK led the overall market in Europe. However, in the Asia-Pacific region, China currently dominates the market.

The emergence of quantum computing and enhanced implementation of deep learning chips in robotics drive the growth of the global deep learning chip market considerably. In addition, the emergence of autonomous robotics-robots that develop and control themselves autonomously-is anticipated providing potential growth opportunities for the market. However, the dearth of a skilled workforce is one of the major restraints of the market. Most of the tasks, such as testing, bug fixing, cloud implementation, and others, are taken over by deep learning chips; however, delivery of such tasks lacks essential skillsets.

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Dominating Industry Players Profiled In this Study:

•AMD
•Google
•Intel Corporation
•NVIDIA
•Baidu
•Bitmain Technologies
•Qualcomm
•Amazon
•Xilinx
•Samsung

Prominent Factors-

- Increase in Demand for Smart Homes and Smart Cities

- Rise in Investments in AI Startups

- The emergence of Quantum Computing

- The dearth of Skilled Workforce

- Increased Adoption of Deep Learning Chips in the Developing Regions

- Development of Smarter Robots

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