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AI Chipsets Market: Recommendations to Deal with Industy Restraints 2020-2026

Author : Ronak Bora | Published Date : 2020-09-03 

AI Chipsets Market  Driven by positive outlook from social media and e-commerce applications is poised to showcase exponential growth rate through 2026 Rapid proliferation of IoT technology, smart devices and smart phones has led to the fast growth in data volumes and associated demand for high-speed processors, fueling the need for AI chipsets.

AI Chipsets Market  trends of smart homes and smart enterprises is resulting in escalating demand for AI and ML powered technologies. Various electronics manufacturers are also foraying in the chipset market considering the high demand. For instance, in order to enhance user experience, LG announced the development of AI chips for consumer electronics in 2019.

Growing inclination towards edge computing is likely to offer lucrative growth opportunities for chipmakers, on account of the surging demand from surveillance devices, smartphones and autonomous vehicles. Estimates suggests that AI Chipsets Market  will exceed USD 70 billion in annual valuation by 2026, at a CAGR of 40% during the forecast period.

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Increasing demand for smarter robots, which include control of connected devices and virtual assistants, has significantly accelerated the demand for the AI-based operations. Robotic Process Automation with Artificial Intelligence is experiencing wide adoption in facial analysis system, IQ Bots and autonomous robots. Expansive application of these autonomous robots in various industries will foster AI Chipsets Market .

In March 2020, UVD Robots, a Danish company developed robots with a powerful shot wavelength ultraviolet light, now being used in hospitals across China to disinfect patient rooms and operation theaters amid the COVID-19 outbreak.

Top Key Players In AI Chipsets Market are Advanced Micro Devices, Baidu Inc., Broadcom Limited, Google, IBM, Intel Corporation, MediaTek Inc., Micron Technology, Microsoft, NVIDIA Corporation, Qualcomm Technologies, Samsung Electronics, SK HYNIX INC., Softbank Group, Toshiba Corporation, Xilinx AI Chipsets start-ups: Adapteva Inc., AIBrain Inc, AImotive, BitMain Technologies Holding Company, Cambricon, Graphcore Ltd., Groq Inc., Gyrfalcon Technology Inc., Horizon Robotics, Huawei Service (Hong Kong) Co. Limited, Mythic Inc., ThinkForce

Several big organizations are making huge investments in field programmable gate array (FPGA) innovations to offer better features in the AI platform, as it offers custom parallelism in real-time interface with an AI model and high bandwidth memory. In 2018, Intel developed FPGA technology for Microsoft Azure ML Hardware Accelerated Models, that offers promising AI inferencing performance to the customers.

Field Programmable Gate Array segment in AI Chipsets Market  is estimated to register a CAGR of nearly 25% through 2026 due to high-performance, low-power requirements and enhanced connectivity features.

As per EPO (European Patent Office) estimates, patent application in the region related to autonomous driving has grown nearly 20 times faster compared to other technologies. Over 2011-2017, the EPO for autonomous driving has risen by 330%.

Integration of AI chipsets in self-driven vehicles can gather large amounts of data from sensors, cameras, and other sources in real time, that aids the vehicles to function more safely and efficiently. Europe AI Chipsets Market  is expected to witness a growth rate of over 33% over the projected timeframe owing to rapid development of autonomous vehicles in the region.

Table of Content:

Chapter 4.   AI Chipsets Market , By Product

4.1.  Key trends in Artificial Intelligence (AI) Chipsets industry, by product

4.2.  GPU

4.2.1. Market estimates and forecast, 2016 - 2026

4.3.  ASIC

4.3.1. Market estimates and forecast, 2016 - 2026

4.4.  FPGA

4.4.1. Market estimates and forecast, 2016 - 2026

4.5.  CPU

4.5.1. Market estimates and forecast, 2016 - 2026

Chapter 5.   AI Chipsets Market , By Technology

5.1.  Key trends in Artificial Intelligence (AI) Chipsets industry, by technology

5.2.  NLP

5.2.1. Market estimates and forecast, 2016 - 2026

5.3.  RPA

5.3.1. Market estimates and forecast, 2016 - 2026

5.4.  Computer vision

5.4.1. Market estimates and forecast, 2016 - 2026

5.5.  Network security

5.5.1. Market estimates and forecast, 2016 - 2026

5.6.  Others

5.6.1. Market estimates and forecast, 2016 - 2026

Chapter 6.   AI Chipsets Market , By Processing Type

6.1.  Key trends in Artificial Intelligence (AI) Chipsets industry, by processing type

6.2.  Edge

6.2.1. Market estimates and forecast, 2016 - 2026

6.3.  Cloud

6.3.1. Market estimates and forecast, 2016 - 2026

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/artificial-intelligence-ai-chipsets-market

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About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

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