TMCnet News
North America Artificial Intelligence Chip Markets Report 2019-2027DUBLIN, Sept. 16, 2019 /PRNewswire/ -- The "North America Artificial Intelligence Chip Market to 2027 - Regional Analysis and Forecasts by Segment; Type; and Industry Vertical" report has been added to ResearchAndMarkets.com's offering. The North America AI chip market accounted for US$ 2.50 Bn in 2018 and is expected to grow at a CAGR of 32.0% over the forecast period 2019-2027, to account for US$ 30.62 Bn in 2027. The increase in data generation due to the increasing proliferation of digital services is the key driver that is driving the growth of the AI chip market. Moreover, the adoption of cloud-based AI solutions is expected to boost the AI chip market growth in the forecast period. Artificial intelligence and its applications such as machine learning and deep learning have been growing tremendously over the last few years. AI is being utilized extensively in numerous areas ranging from cloud computing applications to digital assistants and self-driving/autonomous vehicles. With ever increasing use cases of AI and the evolving market landscape, the advancements in present chips have become a necessity. Based on the industry vertical segment, the BFSI industry segment of the AI chip market led the North America market in 2018 with a maximum market share and is expected to continue its dominance during the forecast period. Banking, financial services, and insurance (BFSI) industries have great potential for AI applications due to the presence of huge financial and personal data of customers. In this sector, a high amount of sensitive data is generated and exchanged every day. There are a growing volume and creation of endpoints and mobile devices in banks, credit card companies, and credit reporting institutions. Key Topics Covered: Part 1. Introduction 1.1 Scope of the Study 1.2 Report Guidance 1.3 Market Segmentation Part 2. Key Takeaways Part 3. Research Methodology Part 4. Artificial Intelligence Chip Market landscape 4.1 Market Overview 4.2 Ecosystem Analysis 4.3 North America - PEST Analysis Part 5. Artificial Intelligence Chip Market - Key Industry Dynamics 5.1 Key Market Drivers 5.1.1 Significant investments in AI Chip start-ups is anticipated to boost the Market growth 5.1.2 Increase in Data Generation due to increasing proliferation of digital services 5.2 Key Market Restraints 5.2.1 Rise in data security and privacy concerns 5.3 Key Market Opportunities 5.3.1 Adoption of cloud-based AI solutions 5.4 Future Trends 5.4.1 Custom and Application-Specific Solutions and ASICs drive the Market in future 5.5 Impact Analysis of Drivers and Restraints Part 6. Artificial Intelligence Chip - North America Market Analysis 6.1 North America AI CHIP Market Overview 6.2 North America AI CHIP Market Forecast and Analysis Part 7. North America Artificial Intelligence Chip Analysis -By Segment 7.1 Overview 7.2 North America AI Chip Breakdown, By Segment, 2018 & 2027 7.3 Data Center 7.4 Edge Part 8. North America Artificial Intelligence Chip Revenue and Forecasts to 2027 - Type 8.1 Overview 8.2 North America AI Chip Breakdown, By Type, 2018 & 2027 8.3 CPU 8.4 GPU 8.5 ASIC 8.6 FPGA 8.7 Others Part 9. North America Artificial Intelligence Chip Market Revenue and Forecasts to 2027 - Industry Vertical 9.1 Overview 9.2 North America AI Chip Market Breakdown, By Industry Vertical, 2018 & 2027 9.3 BFSI Market 9.4 Retail Market 9.5 IT & Telecom Market 9.6 Automotive & Transportation Market 9.7 Healthcare Market 9.8 Media & Entertainment Market 9.9 Others Market Part 10. North America Artificial Intelligence Chip Market - Country Analysis Part 11. Industry Landscape 11.1 Overview 11.2 Market Initiative 11.3 Merger and Acquisition 11.4 New Development Part 12. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/r/biiodl Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research. Media Contact: Research and Markets View original content:http://www.prnewswire.com/news-releases/north-america-artificial-intelligence-chip-markets-report-2019-2027-300918624.html SOURCE Research and Markets |