Lucintel's latest market report analyzed that artificial intelligence chip provides attractive opportunities in the media & advertising, BFSI (banking, financial services and insurance), IT & telecom, retail, manufacturing, healthcare, automotive & transportation, and cybersecurity end use industries. The artificial intelligence chip market is expected to reach $XX billion by 2028 with a CAGR of 37% to 39%. In this market, memory is the largest segment by hardware, whereas healthcare is largest by end use industry. The emergence of quantum computing and increased usage of autonomous robotic at various industry verticals provides strategic growth path in this market.
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Based on hardware, the artificial intelligence chip market is segmented into processor, memory, and network. The memory segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to the growing development of high-bandwidth memory and huge deployed of AI hardwares in various end use industries, increasing challenges for storage of data administration, and a surge in exploration of high-bandwidth parallel file systems by start-ups.
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The Artificial Intelligence Chip Market is marked by the presence of several big and small players. Some of the prominent players offering artificial intelligence chip include NVIDIA Corporation, Intel Corporation, Xilinx, Inc, Samsung Electronics Co., Ltd, Micron Technology, Inc, Qualcomm Technologies, Inc, and IBM.
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This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected].
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. 972.636.5056
Cell: 303.775.0751
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