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AI Infrastructure Market Growth Opportunities and Future Scope, 2021-2031

01-18-2023 02:50 AM CET | IT, New Media & Software

Press release from: Allied Market Research

AI Infrastructure Market Growth Opportunities and Future

According to the report published by Allied Market Research, The AI Infrastructure Market Growth Opportunities and Future Scope, 2021-2031. The report provides a detailed analysis of these key players of the global digital educational publishing market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different regions.

Artificial intelligence makes it possible for machines to learn from previous experiences and adjust to new inputs to perform tasks like humans. Such capabilities of AI-based technology enable machines to automate much more complex tasks such as driving cars (self-driving cars), holding conversations (conversational bots), filtering e-mail (spam and fraud detectors), and other things. Such factors drive the AI infrastructure market forecast.

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On the basis of deployment mode, the on-premise segment captured the largest AI infrastructure market size in 2021 and is expected to continue this trend throughout the forecast period. This is attributed to the numerous advantages offered by the on-premise deployment such as a high level of data security and safety. Industries prefer on-premise model owing to high data security and less data breach as compared to cloud based deployment models, which further drive the demand for on-premise deployment model within the sectors.

The cloud segment is expected to exhibit highest growth during the forecast period. Factors such as rise in the adoption of cloud-based AI infrastructure due to low cost and easier maintenance drives the growth of the market. In addition, it provides flexibility & scalability to boost business process, which propels the growth of the AI infrastructure industry.

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Region-wise, North America dominated the market share in 2021 for the AI infrastructure market. Adoption of AI infrastructure growing steadily to meet increasing demands from today's businesses to enhance their business process and improve the customer experience will provide lucrative opportunities for the market in this region. However, Asia-Pacific is expected to exhibit highest growth during the forecast period. This is attributed to increase in penetration of advanced technology and higher adoption of cloud-based solution and services, and artificial intelligence are particularly fueling regional market growth.

The key players that operate in the AI infrastructure market analysis Alphabet Inc., Amazon.com, Inc., IBM Corporation, Intel Corporation, Micron Technology, Inc., Microsoft Corporation, NVIDIA Corporation, Oracle Corporation, Samsung and Toshiba Corporation. These players have adopted various strategies to increase their market penetration and strengthen their position in the AI infrastructure industry.

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Key findings of the study

• By component, the hardware segment accounted for the largest AI infrastructure market share in 2021.

• By deployment mode, the on-premise segment accounted for the largest AI infrastructure market share in 2021.

• By technology, the machine learning segment accounted for the largest AI infrastructure market share in 2021.

• On the basis of end-users, the enterprise segment accounted for the largest AI infrastructure market share in 2021.

• Based on application, the AI training segment accounted for the largest AI infrastructure market share in 2021.

• Region wise, North America generated highest revenue in 2021.

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Thanks for reading this article; you can also get individual chapter-wise sections or region-wise report versions like North America, Europe, or Asia.

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Lastly, this report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

Access the full summary at: https://www.alliedmarketresearch.com/ai-infrastructure-market-A09353

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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. AMR 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 in making strategic business decisions and achieving sustainable growth in their respective market domains.

AMR launched its user-based online library of reports and company profiles, Avenue. An e-access library is accessible from any device, anywhere, and at any time for entrepreneurs, stakeholders, researchers, and students at universities. With reports on more than 60,000 niche markets with data comprising of 600,000 pages along with company profiles on more than 12,000 firms, Avenue offers access to the entire repository of information through subscriptions. A hassle-free solution to clients' requirements is complemented with analyst support and customization requests.

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