AI Infrastructure Market Report 2024 Latest Insights, Growth Rate, Future Trends And Forecast | Key Players : Nvidia Corporation, Intel Corporation, Oracle Corporation, Samsung Group, Micron Technology Inc.

"The new report published by The Business Research Company, titled ""AI Infrastructure Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the ai infrastructure market size has grown exponentially in recent years. It will grow from $44.28 billion in 2023 to $58.07 billion in 2024 at a compound annual growth rate (CAGR) of 31.2%. The ai infrastructure market size is expected to see exponential growth in the next few years. It will grow to $169.16 billion in 2028 at a compound annual growth rate (CAGR) of 30.6%.

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Data Traffic Surge And Growing Computing Needs Propel The Ai Infrastructure Market
The increase in data traffic and need for high computing power are expected to propel the growth of the AI infrastructure market going forward. Data traffic refers to the amount of data moving across a computer network at any given time. In contrast, high computing power refers to the ability of systems to process data and perform complex calculations at high speeds. HPC infrastructure helps AI models with storage, networking, and data processing to make AI projects work at scale by processing workloads quickly, significantly speeding up the training stage, and boosting the accuracy and reliability of AI models in minimum time. For instance, in June 2022, according to Ericsson, a Sweden-based networking and telecommunications company, the company reported that mobile network data traffic grew 10% between the fourth quarter of 2021 and the first quarter of 2022. For the year-over-year comparison, that growth reached 40%. Further, in May 2022, according to International Data Corporation (IDC), a US-based advisory services provider in information technology and telecommunications, approximately 50% of startups in Asia-Pacific focus on high-performance computing infrastructure to address genomic data challenges in life sciences due to its high computing capabilities. Therefore, the increasing data traffic and need for high computing power are driving the growth of the AI infrastructure market.

Technological Advancements Transforming The Landscape Of Ai Infrastructure
Technological advancement is the key trend that is gaining popularity in the AI infrastructure market. Major companies operating in the AI infrastructure market are focused on developing new technological solutions to strengthen their position. For instance, in June 2021, Nvidia Corporation, a US-based company operating in AI infrastructure, introduced NVIDIA AI Launchpad, an end-to-end, cloud-native suite of AI and data analytics software, to streamline the entire AI lifecycle and deploy AI infrastructure quicker and support every aspect of AI virtually such as data center training and inference to full-scale deployment at the edge. Moreover, NVIDIA AI LaunchPad is compatible with GPUs and DPUs-based systems, and this combination will help enterprises with the ability to accelerate AI workloads and also advantage of security, isolation, and performance enhancements provided by DPUs.

The ai infrastructure market covered in this report is segmented -

1) By Offerings: Hardware, Server Software
2) By Function: Training, Inference
3) By Technology: Machine Learning, Deep Learning
4) By Deployment Type: On-Premises, Cloud, Hybrid
5) By End User: Enterprises, Government Organizations, Cloud Service Providers

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Major companies operating in the ai infrastructure market report are Nvidia Corporation, Intel Corporation, Oracle Corporation, Samsung Group, Micron Technology Inc., Advanced Micro Devices Inc., International Business Machines Corporation, Google LLC, Microsoft Corporation, Amazon Web Services Inc., SK Hynix Inc., Cisco Systems Inc., Arm Limited, Xilinx Inc., Dell Inc., Synopsys Inc., Hewlett Packard Enterprise Company, Cadence Design Systems Inc., Toshiba Corporation, SenseTime Group Limited, Imagination Technologies Limited, Graphcore Limited, Habana Labs Limited, Meta Platforms Inc., Nutanix Inc., Pure Storage Inc., Wave Computing Inc., Tenstorrent Inc., Gyrfalcon Technology Inc., Cambricon Technologies Corporation Limited

Contents of the report:
1. Executive Summary
2. AI Infrastructure Market Report Structure
3. AI Infrastructure Market Trends And Strategies
4. AI Infrastructure Market - Macro Economic Scenario
5. AI Infrastructure Market Size And Growth
…..
27. AI Infrastructure Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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