According to the latest market research report "Artificial Intelligence Chipsets Market
by Technology (Machine Learning, Natural Language Processing,
Context-Aware Computing, Computer Vision), Hardware (Processor, Memory,
Network), End-User Industry, and Geography - Global Forecast to 2025",
the overall artificial intelligence (chipsets) market is estimated to
be valued at USD 7.06 Billion in 2018 and is expected to be worth USD
59.26 Billion by 2025, growing at a CAGR of 35.5% from 2018 to 2025. The
availability of big data, coupled with AI algorithms for an extensive
range of application areas, is fueling the growth of the AI (chipsets)
market. Increased productivity and improved customer satisfaction are
the other key factors driving this market.
• Download Informaitonal PDF Brochure :-
Browse 66 tables and 48 figures spread through 187 pages and in-depth TOC on "Artificial Intelligence Chipsets Market"
Companies
that are profiled in this report are NVIDIA (US), Intel (US), Xilinx
(US), Samsung Electronics (South Korea), Micron Technology (US),
Qualcomm Technologies (US), IBM (US), Google (US), Microsoft (US), and
AWS (US). Some of the key start-ups included in this report are
Graphcore (UK), Wave Computing (US), Mythic (US), Adapteva (US), and
Koniku (US).
Machine learning to hold largest market share from 2018 to 2025
Machine
learning is expected to hold the largest share of the AI (chipsets)
market from 2018 to 2025. Machine learning enables systems to
automatically improve their performance with experience. ML aims to
develop a computer program/algorithm that can access data and use it to
train itself with no human intervention. Machine learning’s ability to
collect and handle big data, and its applications in real-time speech
translation, autonomous robots, and facial analysis are fueling its
growth.
AI (chipsets) market for memory to grow at highest CAGR from 2018 to 2025
The
AI (chipsets) market for memory is expected to grow at the highest CAGR
during the forecast period. Increasing demand for memory to run large
and complex AI algorithms based on AI technologies such as machine
learning, computer vision, and predictive analytics is driving the
growth of memory devices. In addition, high-bandwidth memory is being
developed and deployed for AI applications, independent of its computing
architecture.
Marketing to account for largest market size among other end-user industries between 2018 and 2025
The
AI (chipsets) market is currently led by the marketing end-user
industry. This is attributed to the increasing use of AI for performance
improvement of marketing campaigns through better decision-making and
offering personalized content to the target markets. Search advertising,
social media advertising, and sales and marketing automation are the
major applications of AI in marketing.
North America to lead AI (chipsets) market in terms of market size
North
America held the largest share of the AI (chipsets) market in 2017. The
increasing adoption of AI technology in various end-user industries,
such as healthcare, manufacturing, automotive, agriculture, retail,
marketing, law, and fintech, and strong presence of industry giants and
emerging AI companies in the region are the key factors supporting the
growth of the AI (chipsets) market in North America.
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Contact:
Mr. Sanjay Gupta
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
newsletter@marketsandmarkets.com
No comments:
Post a Comment