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What Are The Factors Driving The Artificial Intelligence Chip Market Trends By 2027? | Key Players are Alphabet Inc. (Google), Huawei Technologies Co., Ltd., IBM Corporation, Micron Technology, Inc., Nvidia Corporation, Qualcomm Incorporated.
Artificial Intelligence Chip Market
North America is the leading region in the global Artificial Intelligence chip market followed by Europe. Due to the willingness to spend and adopt artificial intelligence powered solutions and services by all the verticals, the artificial intelligence chip market in North America contributes the largest market share during the forecast period. The growing need for digitalization and smart technological solutions to implement intelligent business decisions have contributed substantially towards the growth of artificial intelligence chip market in North America. Other factors such as surge in demand for smartphones, industrial automation, internet of things (IoT), smart cities, smart homes, robotic process automation are also boosting the growth of artificial intelligence chip market in this region.
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The global artificial intelligence chip market is bifurcated on the basis of segment into Data Centre and Edge. Based on type, the AI chip market is segmented into CPU, GPU, ASIC, FPGA and others. The others section include SoC Accelerators and other application specific custom & hybrid chips. Based on industry vertical, the artificial intelligence chip market is further segmented into BFSI, Retail, IT & Telecom, Automotive & Transportation, Healthcare, Media & Entertainment, and others. The others section in industry vertical includes education, utilities, oil & gas, mining, etc. (this section will vary with various geographic regions). Geographically, the market is divided into five regions including North America, Europe, Asia-Pacific, Middle East & Africa, and South America.
The global artificial intelligence chip market was valued at US$ 5,658.1 Mn in 2018 and is expected to reach US$ 83,252.7 Mn by 2027 with a CAGR growth rate of 35.0% in the forecast period from 2019 to 2027.
In last few years, Artificial intelligence and its applications such as Machine Learning (ML), Natural Language Processing (NLP), Expert Systems, Automated Speech Recognition, AI Planning, and Computer Vision have gained considerable traction in terms of both R&D and use cases across the globe. Various industry verticals have implemented AI technology for numerous use cases to utilize real-time analytics with self-learning technology in order to gain useful business insights. The Artificial Intelligence chip market has enormous potential in industries such as Retail, BFSI, Automotive, IT and Telecom among many others.
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The overall artificial intelligence chip market size has been derived using both primary and secondary sources. The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the artificial intelligence chip market. Also, multiple primary interviews were conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the artificial intelligence technology.
Table Of Content:
Chapter 1. Introduction
Chapter 2. Key Takeaways
Chapter 3. Research Methodology
Chapter 4. Artificial Intelligence Chip Market Landscape
Chapter 5. Artificial Intelligence Chip Market - Key Industry Dynamics
Chapter 6. Artificial Intelligence Chip - Global Market Analysis
Chapter 7. Global Artificial Intelligence Chip Analysis - By Segment
Chapter 8. Artificial Intelligence Chip Revenue And Forecasts To 2027 - Type
Chapter 9. Artificial Intelligence Chip Market Revenue And Forecasts To 2027 - Industry Vertical
Chapter 10. Artificial Intelligence Chip Market - Geographical Analysis
Chapter 11. Industry Landscape
Chapter 12. Appendix
More Details on this Report At: https://www.marketstudyreport.com/reports/artificial-intelligence-chip-market-to-2027-global-analysis?utm_source=Openpr.com-Mahadev
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Global Artificial Intelligence Service Market Size, Status and Forecast 2019-2025
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Read More: https://www.marketstudyreport.com/reports/global-artificial-intelligence-service-market-size-status-and-forecast-2019-2025?utm_source=Openpr.com-Mahadev
Artificial Intelligence Chipsets Market Insights 2019, Global and Chinese Analysis and Forecast to 2024
Artificial Intelligence Chipsets Market Insights 2019, Global and Chinese Scenario is a professional and in-depth study on the current state of the global Artificial Intelligence Chipsets industry with a focus on the Chinese market. The report provides key statistics on the market status of the Artificial Intelligence Chipsets manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry. Overall, the report provides an in-depth insight of 2014-2024 global and Chinese Artificial Intelligence Chipsets market covering all important parameters.
Read More: https://www.marketstudyreport.com/reports/artificial-intelligence-chipsets-market-insights-2019-global-and-chinese-analysis-and-forecast-to-2024?utm_source=Openpr.com-Mahadev
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