Deep Learning Chipset Market - Advancements in Algorithms Opening Vast New Opportunities

A recent business intelligence publication by Transparency Market Research (TMR) notifies that while startups are mushrooming in the global deep learning chipset market, the competitive landscape remains moderately consolidated among a few players. The analysts of the report have identified NVIDIA Corporation and INTEL Corporation as the top two companies who were ahead of the curve in 2016, whereas Google Inc., Qualcomm Incorporated, IBM Corporation, CEVA Inc., Xilinx, Graphcore, Teradeep Inc., and Advanced Micro Devices are some of the other notable companies currently harnessing the prospects of deep learning.

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Since the entry barriers of this market are not incredibly high and heavily dependent on technologies that are not patented, startups have a strong chance to make a mark. In the near future, the shares in the global deep learning chipset are expected to head towards a fragmented scenario, although most of the prominent chip manufacturers are anticipated to hold onto their position of strength.

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Market leaders are expected to frequently indulge into acquisition and collaboration activities with startups with niche concepts. For instance, in January 2016, Google Inc. agreed to collaborate with Movidius to enhance its deep learning portfolio on mobile devices, which was later acquired by Intel Corporation.

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Later in August the same year, Intel Corporation also acquired Nervana Systems in order to further solidify its position in developing the hardware chipsets platform.

About TMR

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

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