The report on the global Artificial Intelligence (AI) Chipset market covers historical market trends, current market dynamics, market valuation by segmentation as well as region, key player's market share analysis, competitive landscape and supply chain analysis.
Pune, India - February 25, 2019 /MarketersMedia/ —
Market Highlights:
Artificial intelligence (AI) or machine intelligence (MI) refers to the demonstration of intelligence by machines, unlike natural intelligence by humans and animals. In the field of computer science, artificial intelligence emphasizes the creation and development of intelligence that causes machines to work and react like humans. The emergence of artificial intelligence (AI) applications in various sectors has driven major demand from organizations for devices that specialize in machine learning integration with AI chipsets. According to the latest report published by Market Research Future (MRFR), the AI chipset market is expected to project a 49% CAGR during the forecast period.
The movement of industries towards heterogenous computing refers to systems using multiple types of processes and cores and is mainly supported by the advancements in AI chipset technologies. AI chipsets include a central processing unit (CPU), neural network processor (NNP), field programmable gate array (FPGA), reduced instruction set computer (RISC), graphic processing unit (GPU), and application-specific integrated circuit (ASIC), among many other processors and accelerators. Better performance and energy efficiency can be attained through an approach involving the integration of dissimilar chips in a co-processing environment. In the case of AI chips, processors can often solve problems that traditional processors cannot.
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Major Key Players
• Huawei Technologies Co. Ltd (China),
• Qualcomm, Inc (U.S.),
• FinGenius Ltd. (U.K.),
• General Vision, Inc. (U.S.),
• NVIDIA Corporation (U.S.),
• Intel Corporation (U.S.),
• MediaTek Inc (Taiwan),
• Samsung Electronics Co., Ltd (South Korea),
• Advanced Micro Devices (U.S.),
• Apple Inc (U.S.).
The other key players in the market include Numenta, Inc. (U.S.), Sentient Technologies (U.S.), Inbenta Technologies, Inc. (U.S.), Cerebras Systems (U.S.), Microsoft Corporation (U.S.), Google Inc (U.S.), IBM Corporation (U.S.) among others.
According to MRFR, The global Artificial Intelligence Chipset Market is expected to reach approximately USD 18 billion by the end of 2023 with 49% CAGR during forecast period 2017-2023.
AI chipset technology, when installed upon smart devices, will have material impact on major sectors including healthcare, retail, automotive & transportation, smartphones, and robotics. Growing advancement in big data and adoption of AI-enabled devices and services across various different domains are some of the factors contributing to the growth of the global AI chipset market. Efficiency in operations, high economies of scale, and higher profits are influential factors that are generating demand across various industries and sectors.
Segmentation
The AI chipset market has been segmented on the basis of applications, components, technology, and end users. On the basis of components, the market has been segmented into hardware, software, and service. Based on technology, the market has been segmented into neural language deep learning, facial recognition, natural language processing, and digital voice assistants. On the basis of applications, the AI chipset market is segmented into smartphones, medical imaging, smart wearables, robotics, automobiles and security systems. Based on end users, the market has been segmented into consumer electronics, healthcare, automotive, media & entertainment, banking & financial services, IT & telecommunications, and retail.
Major usage of artificial intelligence chipsets is seen in smartphones and smart wearables, whereas based on end user, the healthcare, medical imaging, and automobile sectors are estimated to generate major demand for AI chipset technology. Major players in the smartphone and smart device industry such as Apple, Huawei, and Samsung have installed AI chipsets on their smartphones and plan to expand the use of this technology across various regions.
Regional Analysis
The artificial intelligence chipset market has been regionally segmented into North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW) by MRFR. The North America market is expected to hold the largest share in the artificial intelligence chipset market during the forecast period and is estimated to grow at a steady pace. Whereas, the APAC market is expected to grow at an exponential rate due to a higher presence of smartphone manufacturers and the semiconductor industry in the region. China, Taiwan, and South Korea hold 80% of the global smartphone manufacturers, contributing to the fast-paced growth in the artificial intelligence chipsets market for APAC.
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Intended Audience
• Artificial Intelligence Chipset services providers
• Software Solution providers
• Semiconductor services providers
• Imaging Analytics vendors
• Cloud Service providers
• Project accounting solution providers
• Value-added resellers
• Research firms
LIST OF TABLES
Table 1 World Population by Major Regions (2017 To 2030)
Table 2 Global Artificial Intelligence Chipsets Market: By Region, 2017-2023
Table 3 North America Artificial Intelligence Chipsets Market: By Country, 2017-2023
Table 4 Europe Artificial Intelligence Chipsets Market: By Country, 2017-2023
Table 5 Asia-Pacific Artificial Intelligence Chipsets Market: By Country, 2017-2023
Table 6 Middle East & Africa Artificial Intelligence Chipsets Market: By Country, 2017-2023
Table 7 Latin America Artificial Intelligence Chipsets Market: By Country, 2017-2023
Continued….
LIST OF FIGURES
FIGURE 1 Global Artificial Intelligence Chipsets market segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Five Forces Analysis of Global Artificial Intelligence Chipsets Market
FIGURE 4 Value Chain of Global Artificial Intelligence Chipsets Market
Continued….
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Contact Info:
Name: abhishek Sawant
Organization: Market Research Future
Phone: +1 646 845 9312
Website: https://www.marketresearchfuture.com/reports/artificial-intelligence-chipset-market-4987
Source: MarketersMedia
Release ID: 485704
