Artificial Intelligence Chip Market Size, Share, Business Analysis, Trend, Future Growth with Top Leading Players Alphabet, Huawei Technologies, IBM, Intel and Micron technology

Latest market study on "Artificial Intelligence Chip Market to 2027 - Global Analysis and Forecasts by Segment (Data Center, Edge); Type (CPU, GPU, ASIC, FPGA, and Others); and Industry Vertical (BFSI, Retail, IT & Telecom, Automotive & Transportation, Healthcare, Media & Entertainment, and Others) and Geography– Global Analysis and Forecast", the Artificial Intelligence Chip market is estimated to reach US$ 83,252.7 Mn by 2027 from US$ 5,658.1 Mn in 2018. The report includes key understanding on the driving factors of this market and also highlights the prominent players in the market and their developments.

Availability of massive amounts of data, demand for superior customer service, efficient operations, and better sales revenue are some of the key factors driving the growth of the Artificial intelligence market. With the advancement in computing and storage technology, computing power has increased multi-fold during the last decade. This computing power has created new opportunities for managing and computing the big sets of data, and when coupled with artificial intelligence technology, it can deliver useful insights to businesses. Major artificial intelligence applications for which AI chips are being used include Machine Learning (ML), Natural Language Processing (NLP), Expert Systems, Automated Speech Recognition, AI Planning, and Computer Vision. Machine Learning is a branch of artificial intelligence that enables machines to develop the ability of self-learning and adaption through the experience without being explicitly programmed. It is a method of data analysis that automates analytical model building. Machine Learning is one of the applications of the most used case of artificial intelligence chips.

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The global market for artificial intelligence chips is anticipated to exhibit very high growth in the near future. Some of the major driving factors contributing to the market growth include increasing investments in AI chip start-ups, and the availability of a massive amount of data due to the proliferation of digital services across the globe. Real-time consumer behavior insights increased operational efficiency, and improved sales revenue are some of the factors responsible for the rising adoption of AI chips across major industry verticals. Also, growing spending on enhanced IT security is expected to drive the growth of the AI Chip market. However, there are few factors that are expected to restrain the market growth such as data privacy & security concerns, and lack of infrastructure and technology know-how in third world countries. During the forecast period, the rising adoption of cloud-based computing across industries and the adoption of artificial intelligence chips in edge devices will present significant opportunities for market players operating in the AI chip market.

The proposed Artificial Intelligence Chip Market report will encompass all the qualitative & quantitative aspects including the market size, market estimates, growth rates & forecasts & hence will give you a holistic view of the market. The study also includes a detailed analysis of market drivers, restraints, technological advancements & competitive landscape along with various micro & macro factors influencing the market dynamics.

The Artificial Intelligence Chip Market sample report includes an exclusive analysis of the COVID-19 pandemic on the market space under scrutiny. The sample represents the format of the overall study which is designed to provide clarity on the structure of the report and some data points demonstrated in an attempt to provide insights into the study quality.

Furthermore, the Artificial Intelligence Chip Market full research study is designed on account of the fact that each segment is individually assessed and then collated to form the whole market, the study can be tailor-made to fit your exact requirements.

The Structure of The Artificial Intelligence Chip Market Report Can Be Categorized into the Following Sections:

Section 1: Scope of the Report & Research Methodology

Section 2: Key Takeaways

Section 3: Market variables & their impact on growth and analytical tools providing High-Level Insights into the Market Dynamics and Growth Pattern

Section 4: Market Estimates and Forecasts (with the base year as 2019, historic information of 2016 & 2018, and forecast from 2020 to 2027). Regional and Country Level Estimates and Forecasts for each category are summed up to form the Global Market.

Section 5: Competitive Landscape. Attributes such as Strategy Framework, Competitor Categorization are included to provide elaborate details on the Market Structure & Strategic Undertakings as well as their impact.

The Prominent/Emerging Players In The Artificial Intelligence Chip Market Research Include:

Advanced Micro Devices, Inc.
Alphabet Inc. (Google)
Huawei Technologies Co., Ltd.
IBM Corporation
Intel Corporation
Micron technology, Inc.
NVIDIA Corporation
Qualcomm Incorporated
Samsung electronics Co., Ltd.
Xilinx, Inc.

The Artificial Intelligence Chip Market Company Profiles are individually represented for all major participants and indices such as Financial Performance, Strategic Initiatives, Product Portfolio & Company Overview.

With the availability of an enormous amount of data and the vast scalability of cloud-based compute power, artificial intelligence has become a huge trend across industries in the past few years. In today’s digital world, information is the key for enterprises to be successful and to maintain sustainable growth. Most industries especially the service sector rely deeply on analytics to provide them with useful business insights and enable them to remain competitive in the market. Enterprises have been continuously automating their business processes that were earlier conducted either programmatically or manually. With advancements in AI chips and the introduction of application-specific custom chips, enterprises now have the capability to collect real-time analytics and transform their data into actionable insights. There are numerous use cases available in the market of AI being successfully implemented across industry verticals. The rising adoption of artificial intelligence among North American countries is set to nurture the artificial intelligence chip market in this region during the forecast period.

Market initiatives by the players propelling the growth of the Artificial Intelligence Chip market

In the global artificial intelligence chip market, a new market initiative is a strategy adopted by various companies to expand their footprint across the world and meet the growing demand of customers. The market players present in the artificial intelligence chip market are mainly focusing on product enhancements by implementing advanced technologies. By signing partnerships, contracts, joint ventures, and funding, companies are expanding their footprint in the artificial intelligence chip market. Most of the artificial intelligence chip market initiatives were observed in Asia Pacific, North America, and Europe regions, which have a high density of AI implementations.

Company Overview:

Company overview provides information about the location of the company where it is headquartered along with the established year, employee strength as of 2017, regions where the company is operating and the key business areas.

Financial Performance:

Overall company/segment revenue for the year 2019, 2018, and 2017 is provided in the subtitle “Financial Performance” (public listed companies) along with the analysis and explanation of the increase or decrease in the same due to factors such as mergers & acquisition, profit or loss in any strategic business unit (SBUs) and others.

Product Benchmarking:

Product benchmarking comprises the comprehensive list of products pertaining to the respective market along with the application and key features.

Strategic Initiatives:

Insights pertaining to the new product launch, strategic collaboration, mergers and acquisition, regulatory approval, and other developments by the company in the market are covered under the strategic initiatives section.

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The Artificial Intelligence Chip Market research study is designed to keep in focus all the major countries. Although all these countries & their market trends were accounted for while composing it, detailed sections are available for only the spearheads. In case if you would be interested in specific countries that are not covered in the current scope, kindly share the list & we can customize the study based on the geographical scope defined by you.

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