Artificial Intelligence Chip Market is growing at a CAGR of 49.5% by 2023 | NVIDIA, Baidu, Graphcore, Qualcomm, Adapteva, UC-Davis, and Mythic

Artificial intelligence eliminates or minimizes the risk to human life in many applications. Majority of the major players in the IT industry are competing to develop artificial intelligence (AI) chips and applications. As the amount of data is increasing, the need for more efficient systems to solve mathematical and computational problems becomes crucial. Further, the emergence of quantum computing and increase in implementation of AI chips in robotics drive the market growth to a considerable extent. The emergence of autonomous robotics robots that develop and control themselves autonomously presents a promising picture of the AI chip market. Artificial intelligence eliminates or minimizes the risk to human life in many applications. Majority of the major players in the IT industry are competing to develop artificial intelligence (AI) chips and applications.

Lack of skilled workforce is one of the major restraints in the AI chip market. Most of the tasks such as testing, bug fixing, cloud implementation, and others are taken over by AI chips; however, the delivery of such tasks lack essential skillsets. The artificial intelligence chip market is segmented based on technology, application, and region. GPU, ASIC, FPGA, and CPU are the technologies included in the report. The applications considered are media & advertising, BFSI, IT & telecom, retail, healthcare, automotive & transportation, and others. North America, Europe, Asia-Pacific, and LAMEA are the regions analyzed in this report.

Key players profiled in the report include:
AMD (Advanced Micro Devices), Google , Intel Corporation, NVIDIA, Baidu, Graphcore, Qualcomm, Adapteva, UC-Davis, and Mythic.

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Major Types of Artificial Intelligence Chip Market covered are:
– GPU
– ASIC
– FPGA
– CPU

Major Applications of Artificial Intelligence Chip Market covered are:
– Media & Advertising
– BFSI
– IT & Telecom
– Retail
– Healthcare
– Automotive & Transportation

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The artificial intelligence chip market is segmented based on technology, application, and region. GPU, ASIC, FPGA, and CPU are the technologies included in the report. The applications considered are media & advertising, BFSI, IT & telecom, retail, healthcare, automotive & transportation, and others. North America, Europe, Asia-Pacific, and LAMEA are the regions analyzed in this report.

Table of Content

1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered

2 Global Growth Trends
2.1 Artificial Intelligence Chip Market Size
2.2 Artificial Intelligence Chip Growth Trends by Regions
2.3 Industry Trends

3 Market Share by Key Players
3.1 Artificial Intelligence Chip Market Size by Manufacturers
3.2 Artificial Intelligence Chip Key Players Head office and Area Served
3.3 Key Players Artificial Intelligence Chip Product/Solution/Service
3.4 Date of Enter into Artificial Intelligence Chip Market
3.5 Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Product
4.1 Global Artificial Intelligence Chip Sales by Product
4.2 Global Artificial Intelligence Chip Revenue by Product
4.3 Artificial Intelligence Chip Price by Product

5 Breakdown Data by End User
5.1 Overview
5.2 Global Artificial Intelligence Chip Breakdown Data by End User

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Development of smarter robots:
Many players have been building superior robot brains, which would enable machines to operate autonomously by deploying; for instance, Rethink Robotics’ Baxter is a research robot that is trained accordingly. Similarly, human-like robots are invented by Hanson Robotics, which are capable to carry a peculiar conversation and recall personal history. Furthermore, development of smarter virtual assistants is opportunistic for the overall market. A notable illustration is Jarvis Corp, which is a start-up in the conceptual phases, to build a virtual assistant that answers questions by accessing the internet and acting as an internet server and as a control for connected devices.

Key Benefits for Artificial Intelligence Chip Market:
– This study comprises analytical depiction of the global artificial intelligence chip market size along with the current trends and future estimations to depict the imminent investment pockets.
– The overall artificial intelligence chip market potential is determined to understand the profitable trends to gain a stronger foothold.
– The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
– The current artificial intelligence chip market size is quantitatively analyzed from 2017 to 2023 to benchmark the financial competency.
– Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the AI chip market.
– The report includes the artificial intelligence chip market share of key vendors and AI chip market trends.

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This release was published on openPR.