Information contained on this page is provided by an independent third-party content provider. Frankly and this Site make no warranties or representations in connection therewith. If you are affiliated with this page and would like it removed please contact email@example.com
SOURCE Allied Market Research
PORTLAND, Oregon and PUNE, India, December 14, 2017 /PRNewswire/ --
According to a recent report published by Allied Market Research, titled, "Artificial Intelligence Chip Market by Technology and Application: Global Opportunity Analysis and Industry Forecast, 2017-2023," the global artificial intelligence chip market was valued at $661 million in 2016, and is projected to reach at $11,173 million by 2023, growing at a CAGR of 49.5% from 2017 to 2023.
AI is one of the fastest growing technologies over the years. Continuous efforts and developments to manufacture more human-like robots and increase in rate of deployments in developing regions have transformed the overall market.
Do Enquiry for Sample Report@ https://www.alliedmarketresearch.com/request-sample/4515
At present, North America dominates this market, followed by Europe. In 2016, the U.S. dominated the North American market. Increase in penetration of head-up display screens in luxury cars, smart wearables, and growth in venture capital investments have propelled the adoption of AI solutions.
The market for AI chip is driven by surge in implementation of AI chips in robotics and emergence of quantum computing. However, lack of skilled labor & other threats are some of the restraints of the artificial intelligence chip market. Nonetheless, the impact of these factors would be minimal due to the introduction of new technologies in the market.
GPU dominated the market in 2016, in terms of revenue. However, the FPGA sub-segment is projected to grow at the highest pace during the forecast period.
Do Enquiry before purchasing Report@ https://www.alliedmarketresearch.com/purchase-enquiry/4515
Among the industry verticals segment, BFSI dominated the market in terms of spending in 2016 and is projected to continue its dominance during the forecast period.
KEY FINDINGS OF THE STUDY
The key players profiled in the report include AMD (Advanced Micro Devices), Google Inc., Intel Corporation, NVIDIA, Baidu, Graphcore, Qualcomm, Adapteva, UC-Davis, and Mythic.
Ask for discount before buying@ https://www.alliedmarketresearch.com/get-discount/4515
Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
5933 NE Win Sivers Drive
#205, Portland, OR 97220
Toll Free : +1-800-792-5285
UK : + 44-845-528-1300
Hong Kong : +852-301-84916
India (Pune) : +91-20-66346060
Fax : +1?855?550-5975
©2017 PR Newswire. All Rights Reserved.