Press release
AI Chipset the Next Big Thing | Huawei, Qualcomm
AI Chipset Market
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#Summary:
Artificial intelligence (AI) refers to the engineering and deployment of machines to enable them to perform tasks with intelligence almost like humans. Chipset is an integrated circuit (Microchips) that may be used together to serve a single function and therefore sold as one unit. Artificial intelligence chipset is likely to gain traction with the amalgamation of various technologies such as robotics, deep learning, querying, digital personal assistance, natural language processing, and context-aware processing to develop an AI-featured product. In the near future, AI is anticipated to have a crucial impact on multiple end-use applications such as healthcare diagnostics, driverless cars, and physical assistance in elder care.According to AMA, the market for AI Chipset is expected to register a CAGR of 35.5% during the forecast period to 2024. This growth is primarily driven by Increasingly Large and Complex Dataset Driving the Need for AI , Adoption of AI for Improving Consumer Services and Reducing Operational Costs , Growing Number of AI Applications and Improving Computing Power and Declining Hardware Cost.
Major Players: Huawei Technologies Co. Ltd (China) , Qualcomm, Inc. (United States) , FinGenius Ltd. (United Kingdom) , General Vision, Inc. (United States) , NVIDIA Corporation (United States) , Intel Corporation (United States) , MediaTek Inc. (Taiwan) , Samsung Electronics Co., Ltd (South Korea) , Advanced Micro Devices (United States) and Apple Inc. (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
On 14 December 2018, MediaTek has announced the Helio P90, a premium AI chipset with ARCore and Google Lens support. and On 9 August 2018, Qualcomm has announced the Snapdragon 670, the latest chipset in the 600 series of mobile processor line up. The latest chipset potentials to bring the power of Artificial Intelligence on a mid-end smartphone.
Market Drivers:
• Increasingly Large and Complex Dataset Driving the Need for AI
• Adoption of AI for Improving Consumer Services and Reducing Operational Costs
• Growing Number of AI Applications
• Improving Computing Power and Declining Hardware Cost
Challenges:
• Low Return on Investment
• Creating Models and Mechanisms for AI
• Limited Structured training Data
Opportunities:
• Increasing Focus on Developing Human-Aware AI Systems
• Bringing AI to Edge Devices
HTF MI follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
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Strategic Points Covered in Table of Content of Global AI Chipset Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2025 Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Global AI Chipset Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2025market. (Introduction, Scope of the Report)Chapter 2: Exclusive Summary
....Continued
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Craig Francis (PR & Marketing Manager)
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About Author:
HTF Market Report is a wholly owned brand of HTF market Intelligence Consulting Private Limited. HTF Market Report global research and market intelligence consulting organization is uniquely positioned to not only identify growth opportunities but to also empower and inspire you to create visionary growth strategies for futures, enabled by our extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist you for making goals into a reality. Our understanding of the interplay between industry convergence, Mega Trends, technologies and market trends provides our clients with new business models and expansion opportunities. We are focused on identifying the “Accurate Forecast” in every industry we cover so our clients can reap the benefits of being early market entrants and can accomplish their “Goals & Objectives”.
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