Sheer Analytics and Insights Pvt. Ltd. have published a report on the global artificial intelligence chipsets market titled Global Artificial Intelligence Chipsets Market (By Technology Type- Machine Learning, Natural Language Processing, Artificial Super Intelligence, Artificial General Intelligence And Others. By Component- Hardware, Software, And Service. By Application- Smartphones, Robotics, Security Systems, Medical Imaging And Others. By End- User- Healthcare, Banking & Financial Services, Media & Entertainment, It & Telecommunication And Others) – Global Industry Analysis, Size, Share, Growth, Trends And Forecast, 2017 – 2025.
The market is currently estimated to reach US$ 39.2Bn by the year 2025. The market is growing at a CAGR of 49% during the forecast period 2018-2025. The report covers the forecast and analysis of the artificial intelligence chipset on both regional as well as global level.
The artificial chipsets are a group of microchips which can be used for serving a single function. These chipsets are mainly used in the smartphones, motherboards for consumer electronics and are also used in various gaming consoles and PCs for better graphics. The chipsets play a vital role in determining the system performance. Chipsets are very economical because of which it’s demand is highly growing in the market. The growth of artificial intelligence (AI) could be highly seen in AsiaPacific region like India, where the cost of the human resource is low is helping the manufacturer in investing more in the development of newer artificial chipset products. The adoption of the artificial chipsets to deal with the complex data sets is providing the customer with better solutions. These are some of the major factors that are driving the growth of the global artificial intelligence chipsets market.
Geographically, the global artificial intelligence chipsets market is divided into global regions like Europe, North America, Asia- Pacific, Middle East, LATAM, and Africa. The Asia Pacific region has witnessed the highest growth on the global artificial intelligence chipsets market. The increasing automation and technological advancement in the Asia Pacific region have made the region the largest market shareholder. North America and the European market follows the AsiaPacific market with its higher reliability in the artificial chipsets. The usage of the artificial chipsets could also be seen in the Latin American, Middle East, and African region.
In the very recent market research report published by Sheer Analytics and Insights Pvt. Ltd., the market is segmented on the basis of its technology type, component, application, end-user industry and regional demand. Based on its technology type, the global artificial intelligence chipsets market is divided into artificial superintelligence, machine learning, artificial general learning, natural language processing and others. Based on the type of its component, the market is divided into software and hardware services. On the basis of its application, the market is segmented as robotics, smartphones, medical imaging, security systems and others. Industries such as banking and financial services, healthcare, IT and telecommunication, media and entertainment and others make use of the artificial chipsets.
SK Telecom has recently unveiled an AI chipset that is mainly designed for boosting the computing speed of the AI service, that is currently used for the carrier’s Nugu voice assistant. A number of AI acceleration solutions would be installed in the data centre of the Nugu platform top carrier. The SK Telecom would pump up the AI service capacity by five times along with reducing the latency without installing extra servers, thus saving money.
According to Chung Moo-kyoung, the leader of the New Computing Lab at SK Telecom, the company started developing the AI accelerator two years ago by expecting that the number of its AI users to grow dramatically in the long term. And indeed, there was an increase in the number of monthly active users of Nugu and is expected to increase continuously. In a recent press briefing, Chung said: “Given that data transmission speeds will get even faster with the commercialization of the next-generation 5G connectivity, more data should be taken care of by the data centre.” SK Telecom becomes the first company to develop a better solution to the commercialized service.
Some of the key industry players in the global artificial intelligent chipsets market include Apple Inc., advanced Miro Devices, General Vision Inc., FinGenius Ltd., Google Inc., IBM Corporation, Huawei Technologies Co. Ltd., Intel Corporation, Inbenta Technologies Inc., Microsoft, and others.
Global Artificial Intelligence Chipsets Market: By Component
Global Artificial Intelligence Chipsets Market: By Technology Type
Global Artificial Intelligence Chipsets Market, By End- User
Global Artificial Intelligence Chipsets Market: By Application
Global Artificial Intelligence Chipsets Market: By Geography
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