Title: Tapping the Revolutionizing AI Chip Market- Size and Share 2023
1TRACKING THE TRANSFORMING AI CHIP MARKET
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AI CHIP MARKET OPPORTUNITY ANALYSIS AND
INDUSTRY FORECAST 2017- 2023
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2AI CHIP MARKET
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. Seapee Bajaj Akshay Jadhav Lead
Analysts, Semiconductors Electronics at AMR
3CURRENT AND FUTURE MARKET SCENARIO
- The global AI chip market was valued at 661
million in 2016. - The global AI chip market is projected to reach
at 11,167 million by 2023. - The global AI chip market growing at a CAGR of
49.6 from 2017 to 2023. - 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.
4FACTORS CONTRIBUTING TO MARKET GROWTH
- Increasing investments in AI startups.
- Many countries, especially the U.S., have
witnessed significant growth in tech start-ups
every year, backed by various venture capitalists
and venture capitals, thus increasing the market
scope. - Increased adoption in developing regions.
- Recent developments in the emerging economies,
such as China and India, in various industry
verticals such as media advertising, finance,
retail, healthcare, automotive transportation,
and others have created a major growth potential
for AI in such regions.
5AI CHIP MARKET SEGMENTATION
- BY INDUSTRY VERTICAL
- Media Advertising
- BFSI
- IT Telecom
- Retail
- Healthcare
- Automotive Transportation
- Others
- BY CHIP TYPE
- GPU
- ASIC
- FPGA
- CPU
- BY TECHNOLOGY
- System-on-chip
- System-in-package
- Multi-chip module
- Others
- BY APPLICATION
- Predictive maintenance
- Image recognition
- Contract analytics
- Others
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7GEOGRAPHICAL OVERVIEW
- Based on region, it is analyzed across North
America, Europe, Asia-Pacific, and LAMEA. - Asia-Pacific is anticipated to witness the
highest CAGR during the forecast period. - At present, North America dominates this market,
followed by Europe. In 2016, the U.S. dominated
the North American market.
8LEADING MARKET PLAYERS
- AMD (Advanced Micro Devices)
- Google Inc.
- Intel Corporation
- NVIDIA
- Baidu
- Graphcore
- Qualcomm
- Adapteva
- UC-Davis
- Mythic and
- others.
9- A Report Titled AI Chip Market- Opportunities
And Forecasts, 2017 2023 Has Been Recently
Published By Allied Market Research. It Makes An
In-depth Analysis Of Current Trends, Drivers, And
Restraining Factors That Affect Financial Ratios
Relevant To The Industry. Company Profiles For
Key Vendors In Business Builds A Comprehensive
Picture Of Profitable Opportunities From
Stakeholders Perspective. - To Know More About AI Chip Market- Opportunities
and Forecasts, 2017-2023 - s//www.alliedmarketresearch.com/artificial-intell
igence-chip-market - Get PDF Sample Copy- https//www.alliedmarketresea
rch.com/request-sample/4515 - Follow Allied Market Research
10 ABOUT ALLIED
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