AI Chipsets Market (2018 – 2023) report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability. The AI Chipsets market report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market.
“AI Chipsets Market report is anticipated to register a CAGR of 33.9% over a five years forecast period (2018 – 2023).”
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List of Major Key players operating in the Global AI Chipsets Market are –
- NVIDIA CorporationIBM CorporationGoogle Inc.Intel CorporationBaidu Inc.Amazon Inc.Microsoft CorporationGraphcore Qualcomm IncorporatedMicron Technology
- Inc.Huawei Technologies Co. LtdApple Inc.Samsung Electronics Co LtdTexas Instruments Inc.
The artificial intelligence (AI) chipsets market is expected to reach USD 43.3 billion in 2023 from USD 6.8 billion in 2017, witnessing a CAGR of 33.9% during the forecast period 2018 – 2023. The report profiles the companies engaged in volume production and research and development (R&D) of artificial intelligence chipsets.
Artificial intelligence (AI) is making its way into almost every area of consumer electronics. It is expanding its applications from smartphones to the automobile industry. This expansion is leading to numerous opportunities to semiconductor industries. The need for processing rapidly growing volume of data is the key factor impacting the growth of the AI chipset market. The increasing social media and E-commerce penetration are resulting in an increase of the volume of data. For, instance E-commerce users in India generate over 30-40 TB (Terabytes) of data daily, which is the equivalent of content in 50 lakh Yellow Pages books. The need to process such huge data at a faster rate is driving the market. The increasing growth of machine learning in various sectors, such as automotive, finance, and retail is boosting the adoption of AI chipsets. The most popular application of AI chipsets in machine learning, which involves the manufacture of the driverless car is gaining momentum. The increasing focus on developing human-aware AI systems is increasing the growth of the market.
Growing demand for high-speed computing processors and increasing demand for improving consumer services and reducing operational costs is driving the growth of the AI chipsets market, while lack of skilled workforce and absence of standards and protocols is restraining the growth of the market.
Growing demand for high-speed computing processors is driving the Artificial intelligence Chipsets Market
The large availability of data has increased the standards of computing. The incapability of traditional computing methods to process big data has driven to the need for high-performance computing. A high-speed computing processor enables machine learning, which consists of deep learning, reinforcement learning supervised, and unsupervised learning. These machine learning devices are equipped with AI processing chipsets. The increasing interests of people toward machine learning and computer vision are driving companies to invest in the development of high-speed computing processors, as well as in high-performance computing. Companies, like Tesla, Apple, Google, and IBM are investing in increasing the innovations involving AI chipsets.
Asia-Pacific to have the Major Growth over the Forecast Period
Asia-Pacific has held the highest growth in AI chipsets market and is expected to have a significant growth over the forecast period. The adoption of AI across various end-user industries, such as consumer electronics, healthcare, automotive, robotics, and agriculture industries increased the growth of the market in the region. The application of AI chipset in consumer electronics, such as smartphones, tablets, laptops involves the integration of voice commands, enhancement of photography experience, gathering and sorting relevant data based on past searches, etc., which has resulted in the high adoption of AI chipsets. The region has the major presence of smartphone manufacturers and semiconductor industries in the world. Countries, like China, Japan, Taiwan, and South Korea have nearly 80% of the global smartphone manufacturers. The highest population has resulted in an increase in usage of smartphones, which is expected to result in the growth of the market.
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Scope of the Report:
The report analyses AI Chipsets market, which includes –
- Analysis of the growth of AI Chipsets market in global and regional level including Asia-Pacific, Americas, and EMEA.
- The report provides AI Chipsets market analysis for key countries including the US, Canada, Chile, China, India, Japan, the UK, Germany, France, and Italy.
- The report offers country level AI Chipsets market volume and value by end-user segment for the period 2012-2023.
- Qualitative analysis of key market drivers and restraints, and analysis of their impacts on AI Chipsets market are discussed.
- The report provides competitive landscape at country level for the year 2018. It also covers key policies and initiatives, key deals, and key upcoming projects.
Highlighted points of AI Chipsets Market Report:
- Varying dynamics of the AI Chipsets industry.
- Prospective changes in sales volumes and worldwide share growth in upcoming years (2018-2023).
- AI Chipsets market report recognizes the key drivers of growth and challenges of the key industry players.
- Competitors profiles along with product description, overview, and business data.
- A complete analysis of market risks, opportunities, limitations, and growth of the market.
- Market driving and restraining factors.
- Delivers information on the historical and current market size and the future potential of the market.
- AI Chipsets market report provides a comprehensive analysis of the market with respect to market dynamics, competitive analysis, and upcoming trends of the market.
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Reasons to Purchase AI Chipsets Market Report:
- The report analyses how stringent emission control norms will drive the global AI Chipsets market.
- Analyzing various perspectives of the market with the help of Porter’s five forces analysis.
- Study on the product type that is expected to dominate the market.
- Study on the regions that are expected to witness the fastest growth during the forecast period.
- Identify the latest developments, market shares and strategies employed by the major AI Chipsets market players.
- 3 months’ analyst support along with the Market Estimate sheet (in excel).
In this study, the years considered to estimate the market size of AI Chipsets:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2023
Look into Table of Content of AI Chipsets Market Report @ https://www.360marketupdates.com/TOC/12887777,TOC
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