Asia-Pacific is expected to depict the fastest growth in the global artificial intelligence chip market throughout the forecast period. Many larger and mid-size markets in the region have extensively adopted AI technologies, specifically in finance and healthcare sectors. Several researches have been done by Southeast Asian organizations to use AI systems for expert assistance.
- Advertising -
According to a recent report published by Allied Market Research, titled, Artificial Intelligence Chip Market by Technology and Application: Global Opportunity Analysis and Industry Forecast, 2017-2023, the global artificial intelligence chip market was valued at $661 million in 2016, and is projected to reach at $11,173 million by 2023, growing at a CAGR of 49.5% from 2017 to 2023.
AI is one of the fastest growing technologies over the years. Continuous efforts and developments to manufacture more human-like robots and increase in rate of deployments in developing regions have transformed the overall market.
Request for Sample Copy at: www.researchbeam.com/artificial-in…t/request-sample
At present, North America dominates this market, followed by Europe.
- Advertising -
In 2016, the U.S. dominated the North American market. Increase in penetration of head-up display screens in luxury cars, smart wearables, and growth in venture capital investments have propelled the adoption of AI solutions.
The market for AI chip is driven by surge in implementation of AI chips in robotics and emergence of quantum computing. However, lack of skilled labor & other threats are some of the restraints of the market.
Nonetheless, the impact of these factors would be minimal due to the introduction of new technologies in the market.
GPU dominated the market in 2016, in terms of revenue. However, the FPGA sub-segment is projected to grow at the highest pace during the forecast period.
Among the industry verticals segment, BFSI dominated the market in terms of spending in 2016 and is projected to continue its dominance during the forecast period.
Ask for Report at: www.researchbeam.com/artificial-in…purchase-enquiry
Key Findings Of Artificial Intelligence Chip Market:
- In 2016, the GPU sub-segment generated the highest revenue in the global market.
- In 2016, the BFSI industry generated the highest revenue among the other applications in the artificial intelligence chip market.
- Asia-Pacific is anticipated to witness the highest CAGR during the forecast period.
The key players profiled in the report include AMD (Advanced Micro Devices), Google Inc., Intel Corporation, NVIDIA, Baidu, Graphcore, Qualcomm, Adapteva, UC-Davis, and Mythic.
Access Full Summary at: www.researchbeam.com/artificial-in…ence-chip-market
Artificial Intelligence Chip market,
Artificial Intelligence Chip industry,
Artificial Intelligence Chip research,
Artificial Intelligence Chip analysis,
Artificial Intelligence Chip demand,
Artificial Intelligence Chip trends,
Artificial Intelligence Chip growth,
Category: Market Research Publishers and RetailersCompany profile: We have a large database of quality and precise market research reports that will be very beneficial for your organization. Reports that we sell our authentic in nature and from reputed publishers, hence it can definitely help you with your growth opportunities. In order to survive the fierce competition and locate different avenues, one must be privy to high end and quality market information. So, we try and provide you with latest market information by getting high market research reports fro ...
For more information: