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AI Infrastructure Market analysis, Size, applications share, trends and Forecast 2021-2031 | nternational Business Machines Corporation, Micron Technology Inc

10-09-2023 05:19 AM CET | IT, New Media & Software

Press release from: Global Insight Services

AI Infrastructure Market

AI Infrastructure Market

AI infrastructure refers to the hardware and software components that are necessary to support artificial intelligence applications and services. This includes things like servers, storage, networking, and software tools. AI infrastructure must be able to handle the large amounts of data that are generated by AI applications and provide the computing power necessary to run complex algorithms.

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Key Trends

There are four key trends in AI infrastructure technology:

Increased demand for data storage and processing power: As AI applications become more sophisticated, they require more data to be stored and processed. This has led to an increase in demand for data storage and processing power, both in the cloud and on-premises.

The need for more specialized hardware: AI applications are often computationally intensive, requiring specialized hardware such as GPUs and TPUs to run efficiently. This trend is likely to continue as AI applications become more complex.

The rise of edge computing: Edge computing is becoming increasingly important for AI applications that need to run in real-time or near-real-time.

The importance of open source software: Open source software is increasingly being used for AI applications, due to the flexibility and customizability it offers.

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Key Drivers

There are a few key drivers of the AI infrastructure market.

Firstly, the increasing demand for AI-enabled services is driving companies to invest in AI infrastructure. This is because AI infrastructure is required in order to support the development and deployment of AI-enabled services.

Secondly, the increasing availability of AI infrastructure is making it more affordable for companies to invest in. This is because AI infrastructure is becoming more available as more companies invest in it and as more companies offer it as a service.

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Finally, the increasing need for data is driving companies to invest in AI infrastructure. This is because AI infrastructure is required in order to store and process the large amounts of data required for AI applications.

Restraints & Challenges

The key restraints and challenges in the AI Infrastructure market include the need for high investment, the lack of a skilled workforce, and the concerns over data privacy and security.

High investment is needed in order to develop and implement AI infrastructure.

The lack of a skilled workforce is another challenge as there is a lack of people with the necessary skills to develop and operate AI systems.

There are also concerns over data privacy and security, as AI systems often require access to large amounts of data.

Market Segments

The AI infrastructure market is segmented by technology, function, end-user, and region. By technology, the market is classified into machine learning, and deep learning. On the basis of function, it is bifurcated into training, and interference. Based on end-user, it is divided into enterprises, government, and cloud service providers. Region-wise, the market is segmented into North America, Europe, Asia Pacific, and Rest of the World.

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Key Players

The global AI infrastructure market includes players such as Amazon Web Services, Cisco Systems Inc, Dell, Google LLC, Intel Corporation, International Business Machines Corporation, Micron Technology Inc, Microsoft Corporation, Nvidia Corporation, Oracle Corporation, and others.

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About Global Insight Services:

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

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