DUBLIN--(BUSINESS WIRE)--The "Artificial Intelligence Chipsets Market by Technology (Machine Learning, Natural Language Processing, Context-Aware Computing, Computer Vision), Hardware (Processor, Memory, Network), End-User Industry, and Geography - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.
This Market is Expected to Be Worth USD 7.06 Billion in 2018 and is Likely to Reach USD 59.26 Billion By 2025, at a CAGR of 35.5% from 2018 to 2025.
The growth of the AI (chipsets) market can be attributed to the adoption of AI for improving consumer services and reducing hardware cost. However, the lack of skilled workforce is waning the growth of the AI (chipsets) market.
The market for computer vision is expected to grow at the highest CAGR from 2018 to 2025. Computer vision is being widely adopted in manufacturing industries, especially for robotic application, and in the automotive sector. In the automotive sector, this technology plays a significant role in semiautonomous and autonomous cars as these cars cannot understand human hand signal or any other gestures without computer vision.
Processor held the largest size of the AI (chipsets) market in 2017. This is attributed to the increase in demand for high-computing processors to run AI algorithms in servers as well as developing edge devices. CPU and GPU were the key determinants of the growth of the processor segment.
The market for the manufacturing industry is expected to witness the highest growth during the forecast period. Rising labor cost for manufacturing goods is one of the major drivers for the growth of AI-enabled robots in the manufacturing sector. In addition, trends such as Industry 4.0 are complementing the growth of the market in the manufacturing sector.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Artificial Intelligence (Chipsets) Market, By Technology
7 Artificial Intelligence (Chipsets) Market, By Hardware
8 Artificial Intelligence (Chipsets) Market, By End-User Industry
9 AI (Chipsets) Market, By Region
10 Competitive Landscape
11 Company Profiles
- Amazon Web Services (AWS)
- General Vision
- Huawei Technologies
- Mellanox Technologies
- Micron Technology
- Qualcomm Technologies
- Samsung Electronics
- Wave Computing
For more information about this report visit https://www.researchandmarkets.com/research/rj275j/artificial?w=4