Artificial Intelligence (AI) Chipsets Market Analysis, Top Key Players and Industry Statistics, 2021-2027

The global Artificial Intelligence (AI) Chipsets market size is expected to be USD 8.6 billion in 2021 and reach USD 61.76 billion in 2027, registering a CAGR of 38.90% during the forecast period 2021 -2027. Specialty silicon chips are artificial intelligence (AI) chips that implement AI technologies used for machine learning. The global artificial intelligence chips market is segmented on the basis of chip size, application, industry vertical, technology, processing type, and location.

In several industries, AI is helping to reduce or mitigate the danger to human life. Due to the increasing volume of data, the need for more efficient systems to solve mathematical and computational problems becomes critical. Therefore, most of the major players in the IT industry have focused on designing AI chips and applications. Additionally, the emergence of quantum computing and increased implementation of AI chips in robotics is driving the growth of the global artificial intelligence chips market. However, autonomous robotic robots that create and operate autonomously are expected to emerge to provide potential growth opportunities for the market.

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Global Artificial Intelligence (AI) Chipset Market Dynamics
The increase in large and complex data sets is driving demands on AI. In addition, the need for autonomous decision-making systems has increased due to the convergence of data from various industries, such as healthcare, banking, legal, investment management, security, advertising, commodity trading, etc. equities, defense and financial services. Additionally, due to technological developments such as IoT and industry initiatives such as Industry 4.0, the increasing number of devices or nodes has accelerated the generation of data. Continued growth in the number of internet users worldwide is expected to further increase the overall IoT market due to developments in smart devices such as Radio Frequency Identification (RFID) cameras, laptops and mobile devices. barcode readers.

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Focus more and more on producing human-aware AI systems, the specific predictions to make them human-aware than designing models with the characteristics of human thinking, when the advent AI technologies. But creating interactive and scalable machines remains a challenge for AI machine developers. Human interference with AI techniques has increased. It introduced new research problems, that is, problems of comprehension and presentation, such as the problems of interaction with the automation of systems and the intelligent use of crowdsourcing. Perceptual challenges include the difficulties that AI machines face in interpreting human input, such as precise information and directions.

Impact of COVID-19 on the Artificial Intelligence (AI) Chipset Market
Artificial Intelligence (AI), Virtual Reality (VR) and Augmented Reality (AR) are expected to contribute significantly to the response to the COVID19 pandemic and to solving ever-changing challenges. Due to the outbreak of the epidemic, the current situation would prompt pharmaceutical vendors and healthcare institutions to increase their R&D spending on AI, serving as a core technology to enable many initiatives. The insurance industry is expected to face profitability pressures. The use of AI will help reduce the costs of operating conditions and at the same time customer satisfaction can be increased during the renewal process, claims and other services. Due to the closure of several schools and colleges, VR/AR will help with online learning, for which demand would increase. Additionally, VR/AR can also prove beneficial for offering remote assistance as it can also avoid unnecessary journeys. The study considers covid19 as a key market contributor.

Report scope
The report outlines the Artificial Intelligence (AI) Chipset market study based on chip type, application, technology, processing type, and industry vertical.

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Global Artificial Intelligence (AI) Chipset Market, By Chip Type –
Global Artificial Intelligence (AI) Chipsets Market, By Application –
Natural Language Processing (NLP)
computer vision
internet security
Global Artificial Intelligence (AI) Chipsets Market, By Technology –
System on a chip (SOC)
System in Packet (SIP)
Multi-chip module
Global Artificial Intelligence (AI) Chipsets Market, By Processing Type –
Global Artificial Intelligence (AI) Chipsets Market, By Industry Vertical –
Media advertising
IT & Telecom
Health care
Automotive and Transportation
Artificial Intelligence (AI) Chipset Market Regional Outlook
Geographically, the artificial intelligence (AI) chipset market is segmented into North America, Asia-Pacific, Europe, South America, and Middle East & Africa. Additionally, North America is expected to account for the largest share of the global industry owing to an increase in the adoption of AI technology across various end-user industries including healthcare, manufacturing , automobile, agriculture, banking.

and marketing, as well as the strong presence of industry giants and emerging AI companies in the region are key factors driving the growth of the artificial intelligence (AI) chipsets market in North America.

During the forecast period, the demand in the Asia-Pacific region is expected to grow at the fastest CAGR. This growth can be attributed to the adoption of AI services in end-user industries such as manufacturing, healthcare and other sectors in various countries such as Japan, China, Australia and South Korea. South. In addition, falling AI hardware costs and rising demand for improved customer services are supporting APAC’s growth in the Artificial Intelligence (AI) Chipsets industry.

Competitive Landscape of the Global Artificial Intelligence (AI) Chipsets Market
The major artificial intelligence (AI) chipset manufacturers in the global market are NVIDIA, Intel Corporation, Xilink, Samsung Electronics, Micron Technology, and Qualcomm Technologies.

Other AI chipset manufacturers include IBM Corporation, Google, Microsoft Corporation, and Amazon Web Services.

The Artificial Intelligence (AI) Chipsets Market report provides an in-depth analysis of macroeconomic factors and market attractiveness of each segment. The report will include an in-depth qualitative and quantitative assessment of the industry/regional outlook with the presence of market players in the respective segment and region/country. The information concluded in the report includes the entries.

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Artificial Intelligence (AI) Chipsets Market Analysis, Top Key Players and Industry Statistics, 2021-2027

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