[FURL=https://www.industryarc.com/Research/Artificial-Intelligence-Chipsets-Market-Research-505369?utm_source=briefingwire&utm_medium=pressrelease&utm_campaign=paidpressrelease]Artificial Intelligence Chipsets Market[/FURL] Artificial Intelligence Chipsets market size is anticipated to reach $56.2 billion by 2026 at a CAGR of 38.29% during the forecast period 2021-2026. The market growth is mainly driven by the factors including technological development, massive volume growth in large and complex datasets, increasing investments in artificial intelligence (AI) & machine learning (ML) as well as the wide adoption of IoT across industries. In addition, the growing demand for smart devices with advance features and latest technology is set to boost the growth of the artificial intelligence chipsets industry.Key Takeaways
North America dominated the market with a 38% artificial intelligence chipsets market share in 2020, early adoption for new technologies and increasing investment for the development of this technology are the key factors, set to boost the market growth.
AI-Chipsets are estimated to register significant amount of growth during the forecast period owing to rising investments on AI focused start-ups, which will drive the market in the forecast period.
Artificial Intelligence Chipsets top companies include NVIDIA Corporation, Intel Corporation, Graphcore Limited, Samsung Electronics Co., Ltd., Qualcomm Technologies, Inc. and others.
Download Sample Report @ [FURL]https://www.industryarc.com/pdfdownload.php?id=505369[/FURL]
Artificial Intelligence Chipsets Market Segment Analysis - By Geography
North America dominated the market by a market share of more than XX% in 2020, early adoption for new technologies and increasing investment for the development of AI-chipsets are the key factors contributing to the market growth. Investments offered by organizations to develop AI technology in the region are a major factor for this growth. In February 2019, Facebook announced about the development plan of its own AI supporting application specific integrated circuit (ASIC) chip to offer faster computing capabilities for digital assistant. Furthermore, APAC is anticipated to witness the fastest growth during the forecast period, owing to growing adoption of new technologies and emergence of AI-focused start-up companies in this region especially in China, India and Japan.
Artificial Intelligence Chipsets Market Drivers
Integration of AI in Smart-phones and Other Smart-devices makes life easy
Rising Investment on AI Start-ups helps to grow the market at a faster rate
Artificial Intelligence Chipsets Market Landscape
Artificial Intelligence Chipsets top 10 companies include NVIDIA Corporation, Intel Corporation, Graphcore Limited, Samsung Electronics Co., Ltd., Qualcomm Technologies, Inc., Google Inc., Microsoft Corporation, Micron Technology, Inc., Xilinx, Inc., Tenstorrent, Inc.
About IndustryARC: IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications market research. Our Custom Research Services are designed to provide insights on the constant flux in the global supply-demand gap of markets. Our strong team of analysts enables us to meet the client research needs at a rapid speed, with a variety of options for your business. Any other custom requirements can be discussed with our team, drop an e-mail to sales@industryarc.com to discuss more about our consulting services.