Global Artificial Intelligence Chips Market 2019-2023 | Industry Analysis and Forecast | Technavio

LONDON–(BUSINESS WIRE)–The global artificial intelligence (AI) chips market research report by Technavio
predicts the market to post a CAGR of approximately 39% during
the period 2019-2023.

A key driver for the global artificial intelligence chips market is the
increasing adoption of AI chips in data centers. Most of the companies
run their online services with the help of data centers. The data
centers process a large amount of data. Hence, it is necessary to
enhance the efficiency of data centers and reduce their power
consumption, thereby improving uptime and reducing operational costs.
The data center providers have been using AI technology for energy
efficiency, infrastructure management, server optimization, security,
and others.

This global
artificial intelligence chips market
research report
also provides an analysis of the most important trends expected to
impact the market outlook during the period 2019-2023. Technavio
classifies an emerging trend as a major factor that has the potential to
significantly impact the market and contribute to its growth or decline.

This report is available at a USD 1,000 discount for a limited time
market snapshot before purchasing

In this report, Technavio highlights the convergence of AI and IoT as
one of the key trends in the global artificial intelligence chips market:

Global artificial intelligence chips market:
Convergence of AI and IoT

Owing to the numerous advantages it offers in various segments such as
aerospace and defense, automotive, consumer electronics, healthcare, and
other industries, there is a high demand for IoT devices. IoT device
manufacturers are integrating HMI technologies in devices such as
cameras, drones, smart speakers, smartphones, and smart TVs, which has
led to the deployment of AI chips in IoT devices. This enables
power-efficient data processing and machine learning computation in
these IoT devices.

“The demand for IoT devices has been increasing due to the growing
focus on smart city projects and the rising implementation of automation
in homes and enterprises. Consequently, the market participants have
been working in collaboration to develop software and hardware to
integrate AI technology in IoT devices,”
says a senior research
analyst at Technavio.

Global artificial intelligence chips market:
Segmentation analysis

This artificial intelligence chips market analysis report segments the
market by product (GPUs, ASICs, CPUs, and FPGAs), end-user (foundries
and IDMs), and geography (the Americas, APAC, and EMEA).

The GPUs segment held the largest artificial intelligence chips market
share in 2018, accounting for over 33% of the market. This product
segment is expected to dominate the global market throughout the
forecast period.

The Americas region led the market in 2018 with more than 43% of the
market share, followed by EMEA and APAC respectively. The Americas is
expected to dominate the market throughout the period 2019-2023.

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Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

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(Excerpt) Read more Here | 2018-11-23 16:00:37
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