Industry Background:
AI chip is refer as the chip which is designed to do a particular AI tasks in more efficient way. Artificial intelligence (AI) chips are the specialized Silicon chips, which incorporate the technology of AI and are also used for machine learning. AI helps in eliminating or minimising the risk to human life in many of the industry verticals. The need for more efficient systems to solve mathematical and computational problems has been becoming crucial, as the volume of data has been increasing. Thus, the majority of the key players in the IT industry have focused on developing AI chips and applications.
This growth is primarily driven by Growing in demand for smart homes & smart cities and Rise in investments in AI startups.
Globally, a noticeable market trend is evident Emergence of quantum computing. The Sensor Systems sector in the North America region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as AMD (Advanced Micro Devices) (United States), Google, Inc. (United States), Intel Corporation (United States), NVIDIA (United States), Baidu (China), Graphcore (United Kingdom), Qualcomm (United States), Adapteva (United States), UC-Davis (United States) and Mythic (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
Intel Corp. is bulking up its programmable chips team by acquiring eASIC, a 19-year-old fabless semiconductor company headquartered down the street. The acquisition of eASIC's chip sets and talent base will help drive business in 5G and the Internet of Things
Google unveils tiny new AI chips for on-device machine learning. The company is moving its AI expertise down from the cloud, and has taken the wraps off its new Edge TPU, a tiny AI accelerator that will carry out machine learning jobs in IoT devices. The Edge TPU is designed to do what’s known as “inference.”
Market Drivers
- Growing in demand for smart homes & smart cities
- Rise in investments in AI startups
Market Trend
- Emergence of quantum computing
Restraints
- Dearth of skilled workforce
Opportunities
Rising adoption of AI chips in the developing regions and Development of smarter robots
Challenges
High cost associated with the raw materials required for the manufacturing of artificial intelligence chips
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Artificial Intelligence Chips Study Sheds Light on
The Artificial Intelligence Chips Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Artificial Intelligence Chips industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Artificial Intelligence Chips industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.