Machine Learning Chip Market

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The global machine learning chip market was valued at $2,425.6 million in 2017, and is projected to reach $37,849.8 million by 2025, registering a CAGR of 40.8% from 2018 to 2025.

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Machine Learning Chip Market :

Global Opportunity Analysis and Industry Forecast, 2018-2025 Machine Learning Chip Market

Machine Learning Chip Market Overview:

Machine Learning Chip Market Overview According to a recent report published by Allied Market Research, titled,  Machine Learning Chip Market  by Chip type, Technology, and Industry vertical: Global Opportunity Analysis and Industry Forecast, 2018-2025 , the global machine learning chip market was valued at $2,425.6 million in 2017, and is projected to reach $37,849.8 million by 2025, registering a CAGR of 40.8% from 2018 to 2025. At present, North America dominates the market, followed by Europe. In 2017, the U.S. dominated the North America market, and the UK led the overall market in Europe. While, in Asia-Pacific, China currently dominates the market. The trend in artificial intelligence (AI), use of machine learning in numerous applications and emergence of quantum computing are the factors which increase the demand for machine learning chip market. In addition, the development of autonomous robots that can control themselves without human intervention is anticipated to provide potential growth opportunities for the market. However, dearth of skilled workforce and AI phobia are the major restraints of the market. Moreover, increase in demand for smart homes & cities, rise in efforts to make more human-like robots and popularity of IoT across the globe are expected to create tremendous opportunities for the market expansion.

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The trend in artificial intelligence (AI), use of machine learning in numerous applications, and emergence of quantum computing are the factors which increase the demand for machine learning chip market. In addition, the development of autonomous robots that control themselves without human intervention is anticipated to provide potential growth opportunities for the market. However, dearth of skilled workforce and AI phobia are the major restraints of the market. Moreover, increase in demand for smart homes & cities, increase in efforts to make more human-like robots, and popularity of IoT across the globe are expected to create tremendous opportunities for the market expansion. Read More at: https://www.alliedmarketresearch.com/machine-learning-chip-market

Market Segmentation:

Market Segmentation The global machine learning chip market is segmented based on chip type, industry vertical, technology, and geography. Based on chip type, the market is categorized into GPU, ASIC, FPGA, CPU, and others. Based on technology, the market is divided into system-on-chip, system-in-package, multi-chip module, and others. Based on industry vertical, it is classified into media & advertising, BFSI, IT & telecom, retail, healthcare, automotive & transportation, and others. Get the sample copy @ https://www.alliedmarketresearch.com/request-sample/2055

Top Impacting Factors:

Top Impacting Factors

Key Market Players:

Key Market Players

Key Benefits:

Key Benefits This study comprises an analytical depiction of the global machine learning chip market with current trends and future estimations to depict the imminent investment pockets. The overall market potential is determined to understand the profitable trends to gain a strong foothold. The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis. Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry. The report includes the market share of key vendors and machine learning chip market trends.

Key Findings:

Key Findings Based on chip type, the GPU segment dominated the global machine learning chip market in 2017. However, the ASIC segment is anticipated to overtake the GPU segment in future, in terms of revenue. North America held the major market share in 2017. Based on industry vertical, the BFSI segment dominated the global machine learning chip market in 2017. However, the others segment is expected to grow at the highest CAGR during the forecast period. Asia Pacific is anticipated to exhibit the highest CAGR during the forecast period.

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