Market Synopsis
The data experts at Market Research Future Reports (MRFR) have
thoroughly evaluated the global Artificial
Intelligence Chipset Market and established that the market is likely
to record a CAGR of 39.18%, holding a value of USD 38.46 billion by the end of
2025. The number of AI-enabled application is augmenting, which is a
substantial factor prompting global artificial intelligence (AI) chipset market
2020. Further, attempts to improve the customer experience by employing
AI-based products and services. In addition, the development of human-aware AI
systems is likely to augment the opportunity of expansion. Besides, the
integration of AI with computing equipment is projected to be a lucrative
factor resulting in an upward trajectory of the market. It is to be accentuated
here that AI chipset demands low power with higher computing efficiency to
devices such as laptops, smartphones, and smart wearables. The integration of
AI chips ensures the operational efficiency with advanced VR, AR and enhanced
user experience. On the flip side, the dearth of technical prowess and AI
standards are anticipated to limit the enlargement of the global artificial
intelligence (AI) chipset market.
However, pandemic COVID-19 has resulted in changing market
dynamics. The data experts at MRFR are evaluating factors and the aftermath of
COVID-19. We will provide an impact analysis report on COVID-19.
Key Players
The renowned organizations of the worldwide AI chipset market
are Qualcomm Technologies Inc. (US), NVIDIA Corporation (US), Intel Corporation
(US), Advanced Micro Devices (US), Huawei Technologies Co. Ltd (China), Samsung
Electronics Co., Ltd (South Korea), IBM Corporation (US), and Micron Technology
(US).
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Market Segmentation
The global artificial intelligence (AI) chipset market can be
distinguished into technology, component, vertical, application, and geography.
On the basis of technology, the worldwide artificial
intelligence chipset market can be distinguished into Natural Language
Processing, Machine Learning, and others.
On the basis of component, the worldwide artificial
intelligence chipset market can be distinguished into software, and hardware
(CPU, Processors, GPU, FPGA, ASIC, Memory, and Network)
On the basis of vertical, the worldwide artificial intelligence
chipset market can be distinguished into Automotive, Consumer Electronics,
Retail, Media & Entertainment, IT & Telecommunication, Healthcare, and
BFSI.
On the basis of application, the worldwide artificial
intelligence chipset market can be distinguished into smart wearable,
smartphones, robotics, security systems, automobile, and medical imaging.
On the basis of geography, the worldwide artificial
intelligence chipset market can be distinguished into Asia-Pacific, North
America, Europe, and Rest of the World (RoW).
Regional Analysis
The global artificial intelligence (AI) chipset market is
projected to be extremely lucrative during the assessment period. The
geographical analysis of Asia-Pacific, North America, Europe, and Rest of the
World (RoW) has been carried out. The data experts at MRFR have concluded that
North America is estimated to reign the global artificial (AI) chipset market
during the assessment period. The most substantial reason responsible for the
apex position of North America is the presence of entrenched players like
Amazon, IBM, and Google in the region. Further, the region comprises of the
population with high purchasing power. Also, the region is experiencing a rise
in the number of startups which is another factor of market growth. On the
other hand, the APAC region is anticipated to show a substantial market
enlargement during the assessment period. The developing nations like India,
China and Japan are estimated to make an essential contribution to strengthen
the regional market. The application of AI chipset is surging in sectors like
automotive & transportation, finance, healthcare, retail, media &
advertisement, and a few more.
However, the market trajectory has witnessed a change due to
the outbreak of COVID-19.
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complete Report @ https://www.marketresearchfuture.com/reports/artificial-intelligence-chipset-market-4987
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