Stratview Research has published a new report titled “Artificial Intelligence Chips Market” which is segmented by Type (GPU, ASIC, FPGA, CPU), Technology (Machine Learning, Predictive Analysis, Natural Language Processing, Others), End-Use (Healthcare, Manufacturing, Automotive, Retail, Cybersecurity, Others), and Region - COVID-19 Impact Analysis and Forecast to 2026. As per the study, The Artificial Intelligence Chips Market is projected to grow from USD 7.6 billion in 2020 to USD 70.9 billion by 2026 at a CAGR of around 42.3% during the forecast period.
This report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can affect the market dynamics of the industry. It provides thorough analysis of the market segments which include products, applications, and competitor analysis.
The market is bifurcated into various segments. Below given is the segment-wise analysis -
By application, the Artificial Intelligence Chips Market has been bifurcated into healthcare, manufacturing, automotive, retail, cybersecurity, and others. The automotive segment accounted for the largest market share in 2020 and is projected to register significant growth during the review period. The segment growth can be attributed to the rising adoption of advanced technologies in the automotive industry.
Which Region is expected to remain the largest market?
By region, the market in North America accounted for the largest market share in 2020 and is projected to grow at a significant CAGR during the assessment period. The regional growth can be attributed to the high adoption rate of advanced technologies in the end-use industries coupled with the presence of key market players such as Alphabet Inc. (US) and Broadcom Inc. (US). The market in Asia-Pacific is expected to be driven by the rising adoption of artificial intelligence in the end-use industries, particularly in China and India.
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Who are the Key Players in the Market?
This report provides market intelligence in the most comprehensive way. It also provides critical insights into the key players active in the market, that will enable strategic decision-making for the existing market players as well as those willing to enter the market. The following are the key players active in the Artificial Intelligence Chips Market:
- Alphabet Inc. (US)
- Broadcom Inc. (US)
- Intel Corporation (US)
- Nvidia Corporation (US)
- Qualcomm (US)
- Advanced Micro Devices, Inc. (US)
- Huawei Investment Holding Co., Ltd (China)
- International Business Machines Corporation (US)
- Samsung Electronics Co., Ltd (South Korea)
- Taiwan Semiconductor Manufacturing Company Limited (Taiwan).
Key questions answered by the report
- What is the projected CAGR for revenue from the Artificial Intelligence Chips Market during the forecast period?
- What would be the market be valued at by 2027?
- What is a major driving factor for growth of the market?
- Which region accounted for largest revenue share in the Artificial Intelligence Chips Market?
- Which are the major market players?
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