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More Information @ https://bit.ly/3b03ewD <br><br>Artificial Intelligence (AI) chipsets market is expected to emerge as a promising technology for smart homes and enterprises. Several companies are leveraging AI and ML chipsets to offer user with exceptional features and experiences. Citing an instance, in May 2019, LG introduced cutting-edge AI chips for consumer electronics to improve user experience.<br>
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Artificial Intelligence (AI) Chipsets Market: Experts Anticipate Market Boom in 2026
Industry Overview • Accordingly, to Global Market Insights research report Artificial Intelligence (AI) chipsets market is poised for robust growth on the back of increasing penetration of e-commerce platforms that generate enormous amounts of data. The need for high-speed processors has prevailed owing to a surge in vital user information and data. This has led to the requirement of AI chipsets across various industries. Rise in number of smartphone users have also stimulated AI chipsets demand. • From consumer electronics, BFSI, IT & Telecom, healthcare, media & advertising to retail, AI chipsets are playing a pivotal role in enhancing customer experience. In the BFSI sector, financial service companies are leveraging AI technology to reduce lending risks by improving fraud detection and profiling applicants. • They are focusing on renovating their IT infrastructure to get an advantage over competitors. Moreover, in a bid to achieve operational excellence, exceptional customer service, agility, and security, the BFSI industry is actively leveraging AI, creating lucrative growth opportunities for AI chipset manufacturers.
Continue… • A study conducted by Global Market Insights, Inc., predicts that the global artificial intelligence (AI) chipsets market may surpass USD 70 billion by 2026. • Artificial Intelligence (AI) chipsets market is expected to emerge as a promising technology for smart homes and enterprises. Several companies are leveraging AI and ML chipsets to offer user with exceptional features and experiences. Citing an instance, in May 2019, LG introduced cutting-edge AI chips for consumer electronics to improve user experience. • Robotic Process Automation (RPA) with Artificial Intelligence (AI) chipsets market is meanwhile being implemented across autonomous robots, IQ Bots and facial analysis system. Companies worldwide are adopting RPA technology and AI chipsets for developing autonomous robots. • For example, in March 2020, UVD Robots manufactured robots with a powerful shot wavelength UV -C. for being deployed in Chinese hospitals to disinfect patient rooms and operation theatres during the COVID-19 pandemic. • Elaborating on the product segment, Field-Programmable Gate Array (FPGA) chipsets are extensively used in numerous applications due to its high performance, low power requirement, and improved connectivity feature.
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Growth Drivers • Growth of AI inferencing hardware in data centers • Rising adoption of cloud-based services in education • Increasing product developments by AI chip manufacturers & investment in startups • Increasing integration of AI in smartphone & smart wearable devices • Growing industrial automation in developing regions • Increasing development in autonomous technology in vehicles • Emergence of quantum computing
Continue… • Key Player in Artificial Intelligence (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
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