Global Artificial Intelligence (AI) Chips Market 2019-2023: Market will Register a CAGR of Approx 39% - ResearchAndMarkets.com

DUBLIN--()--The "Global Artificial Intelligence (AI) Chips Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.

The artificial intelligence (AI) chips market will register a CAGR of about 39% by 2023.

IoT technology offers several advantages including the ability to make decisions based on received data without the need for human intervention. This has led to increased adoption of IoT in industries such as automotive, aerospace and defense, healthcare, and consumer electronics. HMI technology is being integrated into devices such as drones, cameras, smartphones, smart TVs, and smart speakers. The deployment of AI chips in these devices will allow power efficient data processing and machine learning computation.

Also, the implementation of automation in homes and enterprises and increasing demand for smart cities are creating a demand for IoT devices. This has resulted in the development of hardware and software for integration of AI technology in IoT devices. This convergence of AI and IoT will be a key trend fueling the growth of artificial intelligence chips market.

There is a growing demand for IoT in several industries including automotive, consumer electronics, healthcare, and aerospace and defense. This will lead to the deployment of AI chips in IoT devices which in turn will drive market growth.

According to the report, one of the major drivers for this market is the increasing adoption of AI chips in data centers. This will result in improved efficiency and reduced power consumption for data centers thereby reducing operational costs for data center providers.

Further, the report states that one of the major factors hindering the growth of this market is the shortage of skilled personnel for AI chip development. This lack of experts in the AI field is hurting the growth prospects of the market during the forecast period.

Key Topics Covered:

01: Executive Summary

02: Scope Of The Report

03: Market Landscape

04: Market Sizing

05: Five Forces Analysis

06: Market Segmentation By Product

07: Customer Landscape

08: Customer Landscape

09: Geographic Landscape

10: Decision Framework

11: Drivers And Challenges

12: Trends

13: Vendor Landscape

14: Vendor Analysis

  • Advanced Micro Devices
  • Alphabet
  • Huawei Technologies
  • Intel
  • NVIDIA

For more information about this report visit https://www.researchandmarkets.com/research/s88jr3/global_artificial?w=4

Contacts

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Related Topics: Artificial Intelligence

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Artificial Intelligence