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, country-level analysis for every segment, key player’s market share analysis, competitive landscape and supply chain analysis.
Due to high growth in artificial intelligence applications, enterprises tend to demand machine learning specialized devices, equipped with specialized chipsets. These AI enabled chipsets are expected to drive the growth of hardware chipset manufacturing into next stage of progress in this field. These technologies, after installation on any smart device, would have a great impact that can be seen in retail, healthcare, automotive and transportation, smartphones, robotics and many more. Many of the start-ups like Cerebras Systems have emerged in the past years in arrears to significant technological advancements.
Artificial Intelligence is expected to disrupt every business and enterprises across the world. One of the major factors that drive the growth of artificial intelligence chipset market is the growing advancement in big data, and adoption of artificial intelligence enabled devices and services across various different domains. These products and services tend to improve the consumer experience and further improve by machine learning integration with artificial intelligence. Artificial intelligence learns from itself to improve the next encounter with the user.
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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.
The Market of Artificial Intelligence Chipset appears to be highly competitive. To maintain their market position and to drive the market growth, various dynamic and diversified international organizations, domestic organizations and as well as new entrants form a competitive landscape. Market leaders are innovating continuously and increasingly seeking market expansion through various strategic mergers and acquisitions, innovation, increasing investments in research and development and cost-effective product portfolio. Major players are investing on internal R&D and, most of all, in acquiring other firms. The companies like Tesla, Apple and IBM are innovating to install artificial intelligence enabled chipsets in automobiles, smartphones and medical equipment.
The market of artificial intelligence chipset is segmented into components, technology, application, and end-user. The AI chipset hold almost more than 50% of the applications in smartphones and smart wearable. Companies like Samsung, Apple and Google have already made their presence in artificial intelligence chipsets for smartphones and wearable. The AI technology helps the smartphone application to integrate with the outside environment and consumer preference, and accordingly optimize the system performance.
On the basis of technology, the market is segmented into deep learning, neural networks, natural language processing, and facial recognition. Among these, the natural language processing (NLP) is having the largest market share. This is majorly due to the increasing application of natural language processing for the improvement of consumer services in the retail sector.
By geography, the market is segmented into North America, Europe, Asia Pacific and the rest of the world. North America holds the largest market share of the artificial intelligence chipset. North America is a fastest-growing market in terms of technological development, production operations and processes, and others. The higher implementation of AI technologies in various industrial sectors like manufacturing, media and entertainment, healthcare is the major reason adding to the growth of the artificial intelligence market in North America. Companies like Tesla, Apple and IBM are innovating to install artificial intelligence enabled chipsets in automobiles, smartphones and medical equipment.
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- 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
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
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