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
|Published by||MarketsandMarkets||Product code||351619|
|Published||Content info||189 Pages
Delivery time: 1-2 business days
|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|
|Published: February 13, 2018||Content info: 189 Pages||
According to the new market research report on AI (chipsets), this market is expected to be worth USD 7.06 billion in 2018 and is likely to reach USD 59.26 billion by 2025, at a CAGR of 35.5% from 2018 to 2025. The growth of the AI (chipsets) market can be attributed to the adoption of AI for improving consumer services and reducing hardware cost. However, the lack of skilled workforce is waning the growth of the AI (chipsets) market.
The market for computer vision is expected to grow at the highest CAGR from 2018 to 2025. Computer vision is being widely adopted in manufacturing industries, especially for robotic application, and in the automotive sector. In the automotive sector, this technology plays a significant role in semiautonomous and autonomous cars as these cars cannot understand human hand signal or any other gestures without computer vision.
Processor held the largest size of the AI (chipsets) market in 2017. This is attributed to the increase in demand for high-computing processors to run AI algorithms in servers as well as developing edge devices. CPU and GPU were the key determinants of the growth of the processor segment.
The market for the manufacturing industry is expected to witness the highest growth during the forecast period. Rising labor cost for manufacturing goods is one of the major drivers for the growth of AI-enabled robots in the manufacturing sector. In addition, trends such as Industry 4.0 are complementing the growth of the market in the manufacturing sector.
This report covers the AI (chipsets) market in North America, Europe, APAC, and RoW. The increasing adoption of deep learning and NLP technologies in finance, agriculture, marketing, and law applications is driving the market in APAC. Concurrently, growing e-commerce, online streaming, and increasing internet penetration have resulted in the growth of AI technology in marketing industries in the region.
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).
The report describes various hardware components associated with AI and related developments across industry verticals and regions. It aims at estimating the size and growth potential of this market across segments such as technology, hardware, end-user industry, and geography. Furthermore, the report includes an in-depth competitive analysis of the key players in the market, along with their company profiles, recent developments, and key market strategies.
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View might not be captured in case of unlisted companies.