The artificial intelligence (AI) chipset market will witness a healthy growth from 2019 to 2025, a research report suggests. Growing at a CAGR of 39.18%, the market is projected to reach US$38.46 billion by 2025. Growing demand for smart cities and smart homes is expected to support the market growth along with innovations and artificially intelligent tools. As predicted by analysts, complex algorithms for development will negatively affect the market’s performance from 2019 to 2025. During the forecast period, the market will be supported by the creation of a built-in AI network chip and developments in big data analytics. The absence of AI standards on the other hand will challenge automation equipment based organizations functioning in the global artificial intelligence (AI) chipset market.
Analysts have split the market into vertical, application, technology, and component segments based on products and services. Automation equipment based companies have been profiled. LAck of proper policies is set to affect the global market during the forecast period 2019 to 2025. The report also provides the market’s performance forecasts till 2025. Analysts have studied the strategy of automation equipment based organizations to help new entrants and established businesses. The automation equipment sector itself is supported by the growing number of AI-enabled applications as well as integration of AI with edge computing devices. During the forecast period 2019 to 2025, the artificial intelligence (AI) chipset market is set to witness a health growth across vertical, application, technology, and component segments as well as regional markets.
The automation equipment sector has seen growth across vertical, application, technology, and component segments owing to development of human-aware AI systems and increasing use of AI chipset in different end-user industries. To study the market, analysts have further segmented vertical, application, technology, and component into components on the basis of memory, network, and hardware, and software. The market is further segmented into technology which is split into machine learning, natural language processing, and others. Additionally, the artificial intelligence (AI) chipset market on the basis of application is segmented into automobile, medical imaging, robotics, security systems, smart wearable, and smartphones. The market is further segmented into vertical which is split into automotive, BFSI, consumer electronics, healthcare, IT and telecommunication, media and entertainment, and retail.
The segmental analysis presented in the report provides automation equipment based organizations insights into key growth factors such as the need to improve consumer experience as well as challenges such as the lack of skilled human resources the market will face from 2019 to 2025. The growth of communication channels and technological developments are some of the key factors having an influence on automation equipment based companies, suggest analysts as per the artificial intelligence (AI) chipset market report. But the report also identifies the demand for highly skilled professionals and the shifting preference for cheaper alternatives as major threats companies in automation equipment will face till 2025.
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Automation equipment based companies in the artificial intelligence (AI) chipset market are functioning across North America, Europe, Asia Pacific, the Middle East, and Africa including the rest of the world. Increasing demand for smart cities and smart homes will be a key growth driver for regional markets. However, the lack of a developed infrastructure will turn out to be a threat. For the forecast period 2019 to 2025 Each of these regional markets are studied in the report. Starting from North America, the regional market and automation equipment based companies are spread across the United States, Canada, and Mexico.
Dynamic policies and regulations will turn out to be a major challenge from 2019 to 2025. Parts of the European market covered in the report are regional markets spread across the United Kingdom, France, Italy, and Germany. The market in the region will be benefitted by consumers’ growing inclination towards convenience as well as the rising developments in industrialization, suggests the report. Similarly, the automation equipment sector’s segmental analysis for the Asia Pacific region covers India, Japan, China, and others. For the rest of the world, the research report for the artificial intelligence (AI) chipset market covers the Middle East and Africa. Forecast based on the report’s findings are presented for the forecast period till 2025.
The global artificial intelligence (AI) chipset market research report brings a comprehensive study of vertical, application, technology, and component market segments, regional analysis, and automation equipment based company details of key players. As the forecast period 2019 to 2025 will bring new opportunities for the market owing to the increasing spending power and rapid urbanization, the market is set to grow at a compound annual growth rate of 39.18% and is predicted to reach a value of US$38.46 billion by 2025. With SWOT analysis of automation equipment based companies and Porter’s Five Force model analysis based findings, and understanding challenges such as low research and development budgets and the shortage of professional services, companies in the automation equipment sector can change the way business is done.
IBM Corporation (US), Huawei Technologies Co. Ltd (China), Advanced Micro Devices (US), Samsung Electronics Co., Ltd (South Korea), Micro Technology (US), Intel Corporation (US), Qualcomm Technologies Inc. (US), NVIDIA Corporation (US), are the leading competitors in the AI chipset industry.
The $40 billion takeover of Arm by Nvidia is a big deal for the tech industry, with ramifications that will take years to unravel across a wide range of industries. However, if you listen to the two firms' press releases over the past 24 hours, you'd believe the acquisition was guided solely by artificial intelligence. In several cases, the two companies' emphasis on AI is a defensive PR move. This is a complicated transaction that raises a number of questions, including the long-term viability of Arm's UK investments.