Artificial Intelligence Chipsets Market - Augmenting Need Due to Increasing Volume of Large and Complex Dataset

Albany, NY -- (SBWire) -- 05/21/2019 --In the recent times, the global artificial intelligence chipsets market has reported a considerable upswing in its size and valuation, thanks to the continual advancements in technology. With the advent of smart devices and the high demand for latest technology, the global market is likely to remain registering a high rise over the next few years.

The global artificial intelligence chipsets market is significantly driven by the augmenting need for artificial intelligence due to increasing volume of large and complex dataset. The rising uptake of artificial intelligence for improving consumer services and decreasing operational costs, increasing number of AI applications, and the enhancing power of computing and reducing cost of hardware are also supporting the global artificial intelligence market. However, the dearth of skilled workforce and the absence of standards and protocols may hamper the global market from growing smoothly in the near future.

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The increasing focus of companies on developing human-aware artificial intelligence systems and bringing artificial intelligence to edge devices may also restrict the growth of this market over the forthcoming years. Apart from this, the low return on investments and limited structured training data are also projected to act as impeding factors for the market's growth in the years to come.

Global Artificial Intelligence Chipsets Market: Regional Outlook

In terms of the geography, the worldwide artificial intelligence chipsets market registers its presence mainly across North America, Latin America, Europe, Asia Pacific, and Middle East and Africa. The U.S. and Canada have surfaced as the key regional markets in North America. Latin America is led by Brazil, Mexico, and Argentina. China, Japan, and India acquired the leading position in Asia Pacific market for artificial intelligence chipsets and the Middle East and Africa market is dominated by GCC, North Africa, and Southern Africa. The U.K., France, and Germany are considered as the key domestic markets in Europe.

Global Artificial Intelligence Chipsets Market: Competitive Analysis

The global artificial intelligence chipsets market is highly competitive, thanks to the presence of a large pool of participants. Google, Samsung Electronics, Microsoft, Micron Technology, Qualcomm Technologies, Intel, Amazon Web Services (AWS), IBM, Nvidia, and Xilinx are some of the leading vendors of artificial intelligence chipsets across the world. Huawei Technologies, Mythic, Adapteva, Koniku, Mellanox Technologies, AMD, General Vision, Fujitsu, Wave Computing, Tenstorrent, and Graphcore are some other prominent players in this market.

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Highlights of the report:

A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market