The Business Market Insights provides you regional research analysis on “North America Artificial Intelligence (AI) Chip Market” and forecast to 2027. The research report provides deep insights into the regional market revenue, parent market trends, macro-economic indicators, and governing factors, along with market attractiveness per market segment. The report provides an overview of the growth rate of the North America Artificial Intelligence (AI) Chip market during the forecast period, i.e., 2020–2027.
AI Chip market in North America is expected to grow from US$ 2.50 Bn in 2018 to US$ 30.62 Bn by the year 2027 with a CAGR of 32.0% from the year 2019 to 2027.
The report profiles the key players in the industry, along with a detailed analysis of their individual positions against the regional landscape. The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the North America Artificial Intelligence (AI) Chip market. The researcher provides an extensive analysis of the North America Artificial Intelligence (AI) Chip market size, share, trends, overall earnings, gross revenue, and profit margin to accurately draw a forecast and provide expert insights to investors to keep them updated with the trends in the market.
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Major key players covered in this report: Advanced Micro Devices, Inc., Alphabet Inc. (Google), Huawei Technologies Co., Ltd., IBM Corporation, Intel Corporation, Micron Technology, Inc., NVIDIA Corporation, Qualcomm Incorporated, Samsung Electronics Co., Ltd., Xilinx, Inc.
The increase in data generation due to the increasing proliferation of digital services is boosting the growth of the AI chip market. The significant investments in AI chip start-ups are also anticipated to boost the market growth. Moreover, the adoption of cloud-based AI solutions is anticipated to propel artificial intelligence Chip market growth in the forecast period. Presently, the major applications of AI chip are in the data center/cloud computing segment, and this trend is anticipated to continue over the forecast period. Also, rising adoption of AI in developing regions, evolving architectures of AI chips, and increasing applications across various industry verticals are driving the AI chip market. Owing to this growing trend, companies are anticipated to produce high-quality service by adopting cloud-based artificial intelligence services. The artificial intelligence technology is complex and expensive to build in-house by any enterprise. Not every mid-size or to some extent even the large enterprise finds it feasible to invest in in-house artificial intelligence system. Hence, most enterprises use data centers for their artificial intelligence applications. Each enterprise requires a specific artificial solution, and using cloud service providers for the same are considered as the best business model for artificial intelligence technology providers. Hence, in the coming years, the adoption of cloud-based artificial intelligence solutions is expected to grow at an impressive rate over the forecast period.
The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the North America Artificial Intelligence (AI) Chip market. Further, the report conducts an intricate examination of drivers and restraints operating in the market. The report also evaluates the trends observed in the parent market, along with the macro-economic indicators, prevailing factors, and market appeal with regard to different segments. The report predicts the influence of different industry aspects on the North America Artificial Intelligence (AI) Chip market segments and regions.
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The research on the North America Artificial Intelligence (AI) Chip market focuses on mining out valuable data on investment pockets, growth opportunities, and major market vendors to help clients understand their competitor’s methodologies. The research also segments the North America Artificial Intelligence (AI) Chip market on the basis of end user, product type, application, and demography for the forecast period 2020–2027. Comprehensive analysis of critical aspects such as impacting factors and competitive landscape are showcased with the help of vital resources, such as charts, tables, and infographics.
This report strategically examines the micro-markets and sheds light on the impact of technology upgrades on the performance of the North America Artificial Intelligence (AI) Chip market.
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