Artificial Intelligence Chipsets Market, By Technology (Natural Language Processing, Computer Vision

Published Date: May 2020 | Report Code : IT2063650

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Artificial Intelligence Chipsets Market, By Technology (Natural Language Processing, Computer Vision, Machine Learning, Context-Aware Computing), By Hardware (Memory, Processor, and Network), End User (Healthcare, Manufacturing, Automotive, Agriculture, Retail, and Others), and By Region (North America, Europe, Asia Pacific, Middle East & Africa, South America) – Market Size & Forecasting To 2028

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Report Code : IT2063650

Status : Published May 2020

The Global Artificial Intelligence Chipsets Market size was valued at USD 7.71 million in 2019 and is anticipated to grow at a CAGR of 24.3% during the forecast period. Artificial intelligence chipset are functioning the faster running of electronic products. The evolving machine learning technology, growing impact of smart devices and growth in robotics increases the usage of artificial intelligence. The integration of chipset in the AI based device further increase the demand for artificial intelligence chipsets.

Increase in demand for data mining, growing dataset driving technology, rise in complex and large dataset driven technologies, adoption of AI in various devices and application, increase the processing time and reduce the operational costs, increase in research and development in data driven technology, rising government spending for various new technologies. Furthermore, high costs of technology development, lack of awareness, and lack of skilled workforce are some of the major factors which hamper the growth of artificial intelligence chipsets market.

Increase in demand for autonomous and electric vehicles, growing demand for wireless services, and increase in demand for human aware artificial intelligence. Therefore, the effect of this factor on artificial intelligence chipsets market is expected to increase soon with continuously evolving technologies.

Key Factors Impacting the Growth of Artificial intelligence chipsets market:

  • Technological advancements
  • Increase in dataset driven technologies
  • Rise in number of AI based applications
  • Increasing preference for improving consumer services

The artificial intelligence chipsets market segmentation is based on technology, hardware, end users, and region.

Technology Outlook:

The technology for the generation of revenues in the global artificial intelligence chipsets market is machine learning. The machine learning segment is predicted to account for the largest share in artificial intelligence chipsets market. This can be due to machine learning can collect and handle the big data, works as a real time translator, increase in applications of machine learning, growth in autonomous robots, and growth in developing new machine learning technologies.

End User Outlook:

Based on end user, the artificial intelligence chipsets market has been segmented into healthcare, manufacturing, automotive, agriculture, retail, and others. As per the current market scenario, the manufacturing segment has covered the largest artificial intelligence chipsets market share and is projected to register a higher CAGR during the forecast period.  Growth in manufacturing industry, increase in applications of robotics, trend of industry 4.0 in manufacturing is further expected to raise the demand for artificial intelligence chipset in manufacturing during the forecast period.

Regional Outlook:

Based on the region, the global artificial intelligence chipsets market has been segmented by North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, & Rest of the World. North America is expected to register largest share in the market due to growth in end user industries, increase in number of AI starts ups and presence of chipset integrators, increase in innovation and development in new applications of AI in the US and Canada.

Furthermore, Asia-Pacific is estimated to project the fastest growth rate in the global artificial intelligence chipsets market during the forecast period. This growth can be accredited to several factors, such as the growing end user industries, growing adoption of AI in manufacturing, healthcare, and retail industry, and improved customer services, and changing lifestyle of customers.

The report analyzes factors affecting the artificial intelligence chipsets market from both demand and supply side and further analyses market dynamics affecting the market during the forecast year such as driver, restrain, opportunities and future trends. The report also provides comprehensive Porter’s model analysis on the artificial intelligence chipsets market for all six regions namely; North America, Western Europe, Eastern Europe, Asia-Pacific, Middle East and the Rest of the world.

Competitive Landscape

Major companies are investing in research and development for new artificial intelligence chipset. Key market players are also adopting inorganic development strategies like as acquisition of local brands. Similarly, other business models such as joint venture and market entry strategies are helping prominent vendors to make their presence felt in the Artificial intelligence chipsets market and increase their product portfolio. The key leading players in the market include Nvidia, Xilinx, Micron Technology, IBM, Microsoft, Intel, Samsung Electronics, Qualcomm Technologies, Google, and Amazon Web Services.

This report also includes the profiles of key artificial intelligence chipsets market companies along with their SWOT analysis and market strategies. In addition, these competitive landscapes provide a detailed description of each company including future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launch, new product developments, and other latest industrial developments.

Key Developments in Artificial Intelligence Chipsets Market:

  • In December 2017, NVIDIA developed new TITAN V. The TITAN V is powerful GPU with advanced GPU architecture, NVIDIA Volta. The new product development excels at computational processing for scientific simulation with enhanced energy efficiency and enhances its brand name.
  • In December 2017, Qualcomm Technologies launched new Qualcomm Snapdragon 845 Mobile Platform. This new platform immersive multimedia experiences, including eXtended reality (XR), on-device artificial intelligence (AI), and lightning-fast connectivity.

What Does This Report Provide?

This report provides a detailed understanding of the global artificial intelligence chipsets market from qualitative and quantitative perspectives during the forecast period. The report also provides dynamic indicators with potential impact on the market during the forecast period and an in-depth analysis of the leading companies operating in the market.

Market Segmentation:

By Technology

  • Natural Language Processing
  • Computer Vision
  • Machine Learning
  • Context-Aware Computing

By End User

  • Healthcare
  • Manufacturing
  • Automotive
  • Agriculture
  • Retail
  • Others

By Hardware

  • Memory
  • Processor
  • Network

By Region:

  • North America Artificial Intelligence Chipsets Market
    • By Country (US, Canada, Mexico)
    • By Technology
    • By End User
    • By Hardware
  • Europe America Artificial Intelligence Chipsets Market
    • By Country (Germany, Russia, UK, France, Italy, Spain, Rest of Europe)
    • By Technology
    • By End User
    • By Hardware
  • Asia Pacific America Artificial Intelligence Chipsets Market
    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific & Africa)
    • By Technology
    • By End User
    • By Hardware
  • Middle East America Artificial Intelligence Chipsets Market
    • By Country (UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa)
    • By Technology
    • By End User
    • By Hardware
  • South America America Artificial Intelligence Chipsets Market
    • By Country (Brazil, Argentina, Colombia, Rest of South America)
    • By Technology
    • By End User
    • By Hardware

Reasons to Buy This Report:

  • Market size estimation of the artificial intelligence chipsets market on a regional and global basis
  • Unique research Usage for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

  • By Segment
  • By Sub-segment
  • By Region/Country

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