AI (Artificial Intelligence) Chip Market Artificial Intelligence Chip Market to Global Analysis and Forecasts by Segment (Data Center, Edge); Type (CPU, GPU, ASIC, FPGA, and Others); and Industry Vertical (BFSI, Retail, IT & Telecom, Automotive & Transportation, Healthcare, Media & Entertainment, and Others)
Current and future Market Scenario The global market for artificial intelligence chips is anticipated to exhibit very high growth in the near future.. The global artificial intelligence chip market was valued at US$ 5,658.1 Mn in 2018 and is expected to reach US$ 83,252.7 Mn by 2027 with a CAGR growth rate of 35.0% in the forecast period from 2019 to The artificial intelligence chip market is bifurcated by segment into Data center/Cloud and edge. Artificial intelligence is one of the most disruptive technologies in today’s digital world and hence AI chips are the most disruptive hardware. AI (Artificial Intelligence) Chip Market
Factors Contributing to Market Growth A large number of well-funded start-ups have already entered the marketplace with their innovative artificial intelligence based solutions and services. In addition to this, North America also has a well-established cloud infrastructure which is driving the growth of artificial intelligence chip market. In today’s digital world, information is the key for enterprises to be successful and to maintain sustainable growth. With advancements in AI chips and introduction of application-specific custom chips, enterprises now have the capability to collect real-time analytics and to transform their data into actionable insights. AI (Artificial Intelligence) Chip Market
Market Segments AI (Artificial Intelligence) Chip Market Segment Data Center Edge Industrial Vertical BFSI Retail IT & Telecom Automotive & Transportation Healthcare Media & Entertainment Artificial Intelligence Chip Market - By Type CPU GPU ASIC FPGA
Dominating Segments The artificial intelligence chip market is bifurcated by segment into Data center/Cloud and edge. Artificial intelligence is one of the most disruptive technologies in today’s digital world and hence AI chips are the most disruptive hardware. Artificial intelligence chips are majorly used for training and inference purposes in data center/cloud computing. AI chips have evolved to cater a wide range of applications especially inference at the edge. With tech giants like NVIDIA, Apple, Google, Huawei, and Intel among others investing in edge inferencing, the edge segment is going to drive the growth of artificial intelligence chip market. On the basis of industry vertical, the global artificial intelligence chip market is categorized into BFSI, Retail, IT & Telecom, Automotive & Transportation, Healthcare, Media & Entertainment and Others AI (Artificial Intelligence) Chip Market
Leading Players The leading players in artificial intelligence chip market are: Advanced Micro Devices, Alphabet, Huawei Technologies, IBM Corporation, Intel Corporation, Micron technology, NVIDIA Corporation, Qualcomm Incorporated, Samsung electronics, Xilinx Get sample PDF / / AI (Artificial Intelligence) Chip Market
Graphical Representation
APAC Artificial Intelligence Chip Market by End-User Exhibit:
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