Global Artificial Intelligence Chips Market 2017-2021: Top Drivers and Forecasts by Technavio
LONDON–(BUSINESS WIRE)–Technavio market research analysts forecast the global artificial intelligence (AI) chips market to grow at a CAGR of more than 54% during the forecast period, according to their latest report. The market study covers the present scenario and growth prospects of the global artificial intelligence (AI) chips market for 2017-2021. The report also lists GPUs, ASIC, FPGAs, and CPUs as the four major product segments. According to Raghu Raj Singh, a lead analyst at Technavio for embedded systems research, “The high growth rate of hardware is due to the increasing need for hardware platforms with high computing power, which helps run algorithms for deep learning. The growing competition between startups and established players is leading the development of new AI products, both for hardware and software platforms that run deep learning programs and algorithms.” This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free. Technavio analysts highlight the following three market drivers that are contributing to the growth of the global AI chips market: Heavy investment by companies in…
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