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Machine Learning Chip Market size is Anticipated to Grow $37,849.8 Million by 2025 | Registering a CAGR of 40.8%

10-23-2023 03:36 AM CET | Media & Telecommunications

Press release from: Allied Market Research (AMR)

Machine Learning Chip Market

Machine Learning Chip Market

Allied Market Research published a report on the Machine Learning Chip Market by Chip Type, Technology, and Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2018-2025.

The global machine learning chip market was valued at $2,425.6 million in 2017, and is projected to reach $37,849.8 million by 2025, registering a CAGR of 40.8% from 2018 to 2025.

Download Research Report Sample & TOC:
https://www.alliedmarketresearch.com/request-sample/2055

Machine learning is a sub-set of artificial intelligence which performs tasks related to AI. It is currently being adopted by several industries around the world. This technology uses algorithms and computational methods to teach computers to think the way humans and animals may react in a particular situation. The performance of this machine learning algorithm can be improved by increasing the number of trials.

The trend in artificial intelligence (AI), use of machine learning in numerous applications and emergence of quantum computing are the factors which increase the demand for machine learning chip market. In addition, the development of autonomous robots that can control themselves without human intervention is anticipated to provide potential growth opportunities for the market.

However, dearth of skilled workforce and AI phobia are the major restraints of the market. Moreover, increase in demand for smart homes & cities, rise in efforts to make more human-like robots and popularity of IoT across the globe are expected to create tremendous opportunities for the market expansion.

Get Customized Reports with your Requirements:
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The global machine learning chip market holds a high potential for the semiconductor industry. The current business scenario is witnessing an increase in the demand for machine learning chips, particularly in the developing regions, such as China, India, and others. The key players operating in the industry adopt various techniques to provide customers with advanced and innovative product offerings.

Emergence of quantum computing and trends in artificial intelligence (AI), drive the growth of the global machine learning chip market. In addition, rise in demand for smart homes & cities, and increase in efforts to make more human-like robots are anticipated to provide potential growth opportunities for the market. However, dearth of skilled workforce and AI phobia are the major restraints of the market.

Businesses can evaluate the Porter's Five Forces Analysis to determine the structure, level of competition, and industry's strengths and weaknesses. The report also contains information and statistics, tables and figures that are used in strategic planning for the company's success. The report will be remarkable in its ability to provide worldwide investors with the information they need to make informed judgments about the market. Also, these research report provides accurate economic, global, and country-level predictions and analysis.

Competitive Analysis:

The machine learning chip industry key players adopt various strategies such as product launch, product development, collaboration, partnership, and agreements to influence the market. It includes details about the key players in the market's strengths, product portfolio, market size and share analysis, operational results, and market positioning.

Some of the major key players of the global machine learning chip industry include:

• AMD (Advanced Micro Devices)
• Google Inc.
• Intel Corporation
• NVIDIA
• Baidu
• Bitmain Technologies
• Qualcomm
• Amazon
• Xilinx
• Samsung

Report Overview:
https://www.alliedmarketresearch.com/machine-learning-chip-market

Top Impacting Factors:

The key factors that drive the growth of the global machine learning chip market are emergence of quantum computing, growth in number of machine learning applications, and trend in artificial intelligence (AI). However, dearth of skilled workforce and AI Phobia hampers the market growth to a certain extent. The market has witnessed significant growth, owing to rise in demand for smart homes & smart cities, increase in efforts to make more human-like robots and popularity of IoT across the globe. Each of these factors is anticipated to have a definite impact on the machine learning chip market during the forecast period.

Key Benefits for Stakeholders:

• This study comprises an analytical depiction of the global machine learning chip market with current trends and future estimations to depict the imminent investment pockets.

• The overall market potential is determined to understand the profitable trends to gain a strong foothold.

• The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.

• Porter's five forces analysis illustrates the potency of the buyers and suppliers in the industry.

• The report includes the market share of key vendors and machine learning chip market trends.

Press Release:
https://www.alliedmarketresearch.com/press-release/machine-learning-chip-market.html

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About Us:

Allied Market Research is market research, consulting, and advisory firm of Allied Analytics LLP. Founded in 2013, the firm has been instrumental in offering high-quality syndicated and customized market research reports, consulting services, and useful insights to leading market players, startups, investors, and stakeholders. Driven by the aim to eliminate sub-standard data and become a successful partner for organizations, Allied Market Research has been innovating continuously, expanding the product & service portfolio, and implementing the client-first approach since its inception. With the clientele spanning more than 7,000 organizations that also include a majority of Fortune 500 companies, AMR has a proven track record of helping and serving the global clientele and playing a major role in their success.

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