Global Artificial Intelligence Chip Market

Apr 2020| VMR1880A| Verified Market Research

Report Highlights

Artificial Intelligence Chip Market Size And Forecast

According to Verified Market Research, the Global Artificial Intelligence Chip Market was valued at USD 6.31 Billion in 2018 and is projected to reach USD 114.13 Billion by 2026, growing at a CAGR of 43.39 % from 2019 to 2026.

Global Artificial Intelligence Chip Market Outlook

The increasing adaption of the AI-based application owing to the complexity in the datasets, by enhancing the computing and reducing the hardware cost is the major factor responsible for driving the market growth. In addition, the growing demand for smart homes and cities led to imposing a positive factor on market growth. Moreover, the rising AI startups and development in quantum computing are some other factors propelling market growth. However, the unavailability of the expertise to operate the systems may be expected to hamper the market growth.

Global Artificial Intelligence Chip Market Competitive Landscape

The Global Artificial Intelligence Chip Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as Advanced Micro Devices, Intel Corporation, Baidu, Inc., Qualcomm, Mythic Inc., Google, Inc., NVIDIA, Graphcore, Adapteva and Wave Computing.

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