Tapping the Revolutionizing AI Chip Market- Size and Share 2023

CURRENT AND FUTURE MARKET SCENARIO  The global AI chip market was valued at $661 million in 2016.  The global AI chip market is projected to reach at $11,167 million by 2023.  The global AI chip market growing at a CAGR of 49.6% from 2017 to 2023.  In 2016, the GPU sub-segment generated the highest revenue in the global market.  In 2016, the BFSI industry generated the highest revenue among the other applications in the artificial intelligence chip market.

Tapping the Revolutionizing AI Chip Market- Size and Share 2023

Published on Jun 12, 2018

Allied Market Research

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The global AI chip market was valued at $661 million in 2016, and is projected to reach at $11,167 million by 2023, growing at a CAGR of 49.6% from 2017 to 2023. AI is one of the fastest growing technologies over the years. Continuous efforts and developments to manufacture more human-like robots and increase in rate of deployments in developing regions have transformed the overall market. At present, North America dominates this market, followed by Europe. In 2016, the U.S. dominated the North American market. The market for AI chip is driven by surge in implementation of AI chips in robotics and emergence of quantum computing. However, lack of skilled labor & other threats are some of the restraints of the market. Nonetheless, the impact of these factors would be minimal due to the introduction of new technologies in the market. Get the Sample Copy@ https://www.alliedmarketresearch.com/request-sample/4515

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