Artificial Intelligence Chip Market Growth Trend & Forecast with latest research study released by Delvens evaluating the market risk side analysis, highlighting opportunities, and leveraging strategic and tactical decision-making support. The report provides information on market trends and development, growth drivers, technologies, and the changing investment structure of the Global market, the global artificial intelligence chip market is anticipated to reach USD 164.9 billion by 2020 growing at a CAGR of 36.2% during the forecasting period to 2030.
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Artificial intelligence chip is a chip that has featured artificial intelligence technology used for machine learning. It helps in automating the processes, solving mathematical and computational problems. Factors such as the rise in demand of smart cities, emerging quantum computing market, and lack of skilled workforce are some of the major drivers for the global artificial intelligence chip market
The end-User segment has been segmented into sub-segmented into Healthcare, Automotive, Agriculture, Manufacturing, Retail, Security, Human Resource, Banking and Financial Services, Marketing, Law. Healthcare is sub segmented into Patient Data & Risk Analysis, Lifestyle Management & Monitoring, Precise Medicine, Medical Imaging & Diagnostics, Drug Discovery, Virtual Assistant, Wearables, and Research.
The companies have come up with various promotional activities in from of launch, investment, acquisition, and other, for instance:
- Intel has collaborated with the Facebook for the development of an AI chip that would help in inference, in which AI algorithm performs certain functions like tagging friends in the photos.
- Apple has announced the launch of the new AI chip A12 Bionic which is a 7nm smartphone chip consist of 6.9 billion transistors and a neural engine along with a graphics processing unit (GPU). It has properties like performing almost 5 trillion operations per second.
Key Players in the Global Artificial Intelligence Chip Market:
- Intel,
- Nvidia,
- Samsung Electronics,
- Xilinx,
- Micron Technology,
- IBM,
- Microsoft,
- Google,
- Amazon Web Services (AWS),
- Facebook,
- Baidu,
- Oracle,
- Salesforce,
- SAS,
- SAP,
- General Electric,
- Cisco,
- Rockwell,
- Siemens and among others.
Key Findings
- The global artificial intelligence chip market is segmented into component, technology, application, end-user, and geography.
- The component segment is sub-segmented into Hardware, Software, and Services. The hardware segment has been segmented into Processor, Accelerator, Memory, Network, Storage and Others. The processor has been further segmented into image processor, vision processor and video processor.
- The technology segment is sub segmented into Machine Learning, Natural Language Processing, Context-Aware Computing, and Computer Vision. The machine Learning segment has been further segmented into supervised learning, deep learning, reinforcement learning, unsupervised learning, and others.
- The application segment has been segmented into Smartphones, Smart Wearable, Robotics, Automobile, Medical Imaging and Security Systems.
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