Press release
AI In Hardware Market: Exponential Growth Predicted With Key Players and Trends
AI In Hardware Market Size
What Is The Projected Market Size Of The Global AI In Hardware Market And Its Growth Rate?
The AI in hardware market has seen substantial growth previously and continues to expand:
• Market size was $25.45 billion in 2024
• Expected to rise to $31.36 billion in 2025 at a CAGR of 23.2%
• Predicted to reach $72.77 billion in 2029 with a CAGR of 23.4%
Factors such as robust economic growth in emerging markets, soaring smartphone penetration, and rising adoption of AI hardware in the banking and IT and telecom sectors are propelling this growth.
What Is Driving The Growth In The AI In Hardware Market?
The growth of the AI in hardware market is primarily being driven by its increasing application in various sectors such as banking, IT, and telecom. These vibrant industries are leveraging AI technologies to enhance their operations, optimize customer experiences, and fuel innovation. For example, AI hardware is employed in banking for improved fraud detection, efficient risk management, and excellent customer service. As per IBM, 35% of global businesses implemented artificial intelligence in 2022, displaying a 4% increase from 2021. This growing adoption of AI hardware in numerous industries clearly signals the market's potential expansion.
Request A Free Sample Copy:
https://www.thebusinessresearchcompany.com/sample.aspx?id=10586&type=smp
Who Are the Key Players Driving AI In Hardware Market Growth?
Key actors in the AI in hardware market include:
• Qualcomm Technologies
• Alphabet Inc.
• Micron Technology
• NVIDIA Corporation
• Huawei Technologies Co. Ltd.
• Intel
• Apple Inc.
• IBM
• Advanced Micro Devices Inc.
• Samsung Electronics Co. Ltd., and many more.
What Are The Key Trends In The AI In Hardware Market?
The major trends in the AI in hardware market include:
• Increasing demand for autonomous vehicles
• Rapid urbanization
• Growing adoption of cloud computing
• Soaring Internet penetration
• Development of smart cities
What Are The Segments Of The Global AI In Hardware Market?
The AI in hardware market is divided into:
• Type: Processor, Memory Network, Storage
• Deployment: Cloud, On-Premise
• Technology: Machine Learning, Computer Vision, Natural Language Processing, Expert Systems
• Application: Training And Simulation, Driver Monitoring Systems, Surveillance and Security, Others
• End Users: Telecommunication and IT (Information Technology) Industry, Banking and Finance Sectors, Ecommerce, Robotics, Healthcare, Other End Users
Which Region Leads The AI In Hardware Market?
In 2024, North America was the largest region in the AI in hardware market. In the forecast period, the fastest-growing region is expected to be Asia-Pacific. Regions included in the AI in hardware market report are North America, South America, Western Europe, Eastern Europe, Asia-Pacific, Middle East, and Africa.
Pre-book the Report for Swift Delivery:
https://www.thebusinessresearchcompany.com/report/ai-in-hardware-global-market-report
What Is Covered In The AI In Hardware Market Global Market Report?
- Market Size Analysis: Analyze the AI In Hardware Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the AI In Hardware Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall AI In Hardware Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the AI In Hardware Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
Request Customization for This Report:
https://www.thebusinessresearchcompany.com/customise?id=10586&type=smp
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release AI In Hardware Market: Exponential Growth Predicted With Key Players and Trends here
News-ID: 3836692 • Views: …
More Releases from The Business Research Company
Coal Tar Pitch: Critical Driver Shaping the Surge In Aluminum Production Fueling …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Coal Tar Pitch Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size of coal tar pitch has experienced substantial growth in the past few years. It is projected to escalate from $4.53 billion in 2024 up to $4.83 billion in 2025, with a…
Rise In Workplace Accidents Is Fueling The Market Due To Increasing Demand For E …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Construction Worker Safety Market Size Growth Forecast: What to Expect by 2025?
In the past few years, there has been a significant increase in the size of the construction worker safety market. The market, which was worth $3.44 billion in 2024, is anticipated to rise to $3.81 billion in…
Door And Window Repair Service Market: Major Trends Reshaping the Future of the …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Will the Door And Window Repair Service Industry Market Size Be by 2025?
In recent years, the market size for door and window repair services has seen robust growth. It is projected to rise from $26.69 billion in 2024 to $28.44 billion in 2025, experiencing a compound annual…
Construction Stone: A Leading Driver Behind The Rising Construction Activities I …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Will the Construction Stone Industry Market Size Be by 2025?
Strong growth has been witnessed in recent years in the construction stone market. The market, which stood at $37.67 billion in 2024, is forecasted to rise to $39.86 billion in 2025, reflecting a compound annual growth rate (CAGR)…
More Releases for Hardware
Hardware Encryption Market Strengthening Data Security with Advanced Hardware-Ba …
"𝐈𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐯𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬 𝐄𝐦𝐩𝐨𝐰𝐞𝐫𝐢𝐧𝐠 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬𝐞𝐬 𝐰𝐢𝐭𝐡 𝐒𝐦𝐚𝐫𝐭𝐞𝐫 𝐃𝐞𝐜𝐢𝐬𝐢𝐨𝐧𝐬"
The latest study released on the Hardware Encryption Market evaluates market size, trend, and forecast to 2030. The Hardware Encryption market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the…
Barn Door Hardware Market Is Gaining Huge Growth In Upcoming Years 2024 - 2031 | …
Market Overview:
Barn door hardware includes sliding door hardware kits that are used to convert swing doors into sliding doors. They are commonly used in homes to divide rooms or sections while maximizing the use of space.
Market Dynamics:
The barn door hardware market is estimated to witness significant growth over the forecast period owing to rising demand for interior decor innovations and space optimization solutions in residential and commercial buildings. Traditionally, interior…
Barn Door Handles Market | Artisan Hardware, BarnDoorz, Custom Service Hardware …
The global barn door handles market report is a comprehensive report that provides a detailed analysis of the current status and future trends of the barn door handles market worldwide. This report provides valuable information to industry stakeholders by offering an in-depth perspective on market dynamics, competitive landscape, growth opportunities, and key challenges faced by industry participants.
From the perspective of market dynamics, this report explores the factors driving the growth…
Global Hardware Load Balancers Market, Hardware Load Balancers Market, Hardware …
Global Hardware Load Balancers Market Overview
The Hardware Load Balancers market is a diverse and rapidly evolving industry that encompasses a wide range of products and services. It is characterized by intense competition, changing consumer preferences, and technological advancements that continually drive innovation.
The Hardware Load Balancers market is comprised of several sub-sectors, including but not limited to: electronics, healthcare, automotive, consumer goods, and energy. Each of these sub-sectors has its unique…
Top 12 China Hardware Market & Reliable Hardware Supplier
This article was first published on Yiwuagt.com. As a professional Chinese sourcing agent, this site has a lot of knowledge about Chinese imports.
As the world's largest manufacturer of hardware tools, China has many excellent hardware suppliers. At present, China's hardware wholesale industry has spread all over the country. Do you want to import hardware from China? As a professional sourcing agent, this article will introduce the well-known China hardware wholesale…
Architectural Hardware Market
According to a new report published by Allied Market Research, titled, " Architectural Hardware Market by Application, and End User: Global Opportunity Analysis and Industry Forecast, 2019-2026," the global architectural hardware market size was valued at $15.9 billion in 2018, and is projected to reach $23.2 billion by 2026, growing at a CAGR of 6.8% from 2019 to 2026. Architectural hardware is a type of hardware that includes doors, windows,…
