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Global Artificial Intelligence Chip Market Analysis, 2020 research report depicts a deep-dive market analysis of statistics of Global Artificial Intelligence Chip market which consists of regional and country-wise market size, market forecast, CAGR market segmentation, market shares of diverse regions and countries, market share of various end-users, applications, product type, technologies, competitive benchmarking, etc.
Market Opportunities
According to MarkNtel Advisors’ research report titled “Global Artificial Intelligence Chip Market Analysis, 2020”, the Global Artificial Intelligence Chip market is anticipated to grow at a CAGR of around 43% during 2021-26F. The growth of the market is attributed to the escalating adoption of AI chips in the developing regions by the launch of AI chips by the companies, rising investment in the development of smarter robots, and rise in the large-scale spending from technological giants. Besides these, a boost in the demand for artificial intelligence solutions from the BFSI, IT & Telecom and automotive, a bolstering number of well-funded start-ups, and a growing inclination toward adoption of deep learning and neural networks are expected to place a positive impact on the growth of the market in the forecast period.
Market Segmentation
Automotive Segment Acquired the Considerable Market Share
Based on Verticals, Automotive acquired a considerable market share in the Global Artificial Intelligent Chip market in 2019 on account of increasing focus toward autonomous driving and surging development and rising incorporation of artificial intelligence (AI) in cars by the leading manufacturer for high performance and power efficiency. However, Healthcare is expected to grow at a high rate due to the escalating adoption of AI in medical imaging, genomics, drug discovery, medical instruments, and smart hospitals. Thus, these are anticipated to drive the growth of the Artificial Intelligence Chip market globally in the near future as stated in the MarkNtel Advisors’ research report “Global Artificial Intelligence Chip Market Analysis, 2020”.
Competitive Landscape
According to MarkNtel Advisors, the key players with a considerable market share in the Global Artificial Intelligence Chip market include Nvidia, Intel, Xilinx, Samsung Electronics, Micron Technology, Qualcomm Technologies, IBM, Google, Microsoft, Amazon Web Services (AWS), AMD, General Vision, Graphcore, Mellanox Technologies, Huawei Technologies etc.
Key Questions Answered in the Market Research Report:
Market Outlook, Segmentation and Statistics
Frequently Asked Questions:
Q. What is the historical year, base year and forecast year considered in the research report on Global Artificial Intelligence Chip Market?
A. The historical data has been provided since 2016, while the base year is 2020 and the data is forecast up-to 2026.
Q. What are the units or denomination for measuring market value and volume in the report?
A. The market size/industry size or the market value is measured in terms of USD Million.
Q. What would be the growth rate or CAGR of Global Artificial Intelligence Chip Market during 2021-26F?
A. The Global Artificial Intelligence Chip Market is forecast to grow at a CAGR of 43% during 2021-26F.
Q. Who are the key competitors or players operating in Global Artificial Intelligence Chip Market?
A. Nvidia, Intel, Xilinx, Samsung Electronics, Micron Technology, Qualcomm Technologies, IBM, Google, Microsoft, Amazon Web Services (AWS), AMD, General Vision, Graphcore, Mellanox Technologies, Huawai Technologies are few of the leading players in the Global Artificial Intelligence Chip Market.
Q. Which processing type segment would emerge as an opportunity area for players in Global Artificial Intelligence Chip Market?
A. Cloud is expected to attain the highest CAGR during the forecast period and maintain its significant market share.
Q. Which region would emerge as an opportunity area for players in Global Artificial Intelligence Chip Market?
A. Asia-Pacific continue to grow at a highest CAGR, presenting immense opportunities for market players of Global Artificial Intelligence Chip Market.
