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AI Infrastructure Market worth $96.6 billion by 2027 - Exclusive Report by MarketsandMarkets™CHICAGO, July 19, 2022 /PRNewswire/ -- AI Infrastructure Market is projected to grow from USD 28.7 billion in 2022 to USD 96.6 billion by 2027, at a CAGR of 27.5% during the forecast period from 2022 to 2027 according to a new report by MarketsandMarkets™. The growth of this market is driven by factors such as increased data traffic and need for high computing power, increasing adoption of cloud-based machine learning platforms, increasingly large and complex dataset, rising focus on parallel computing in AI data centers, growing number of cross-industry partnerships and collaborations, and increasing adoption of AI due to the COVID-19 pandemic.  Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=38254348 Browse in-depth TOC on "AI Infrastructure Market" Inference segment to account for the largest market share and highest growth rate in AI infrastructure market during the forecast period Inference holds the larger market share with highest growth rate and is expected to retain its position during the forecast period. Inference is sensitive to latency, and the trained model needs to analyze and provide analysis in near real-time. The requirement of the infrastructure for model deployment to process data at the fastest rate is expected to drive the market for inference. Cloud service providers segment is expected to grow with the highest CAGR in AI infrastructure market during the forecast period The cloud service providers segment holds the largest market share and is also projected to register the highest CAGR during the forecast period. Cloud services drive cost-saving and support digital business transformation. Hence, the adoption of cloud services is high in the AI infrastructure space. Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=38254348 North America accounts for the largest market share of the AI infrastructure market in 2022 North America accounts for the largest market share of the AI infrastructure market in 2022 and is expected to register a CAGR of 26.5% during the forecast period. Amid the COVID-19 pandemic, many countries across the world have adopted AI to accelerate the development of drugs/vaccines, patient health monitoring, and resolving queries through AI chatbots. For example, in the US, MIT-IBM Watson AI Lab (Massachusetts, US) is funding ten projects to address the health and economic consequence of the COVID-19 pandemic. These ten projects include early detection of sepsis in COVID-19 patients, designing proteins to block SARS-COV-2, treating COVID-19 patients with repurposed drugs, contact tracing, and analyzing EMRs. This large-scale adoption during the pandemic has helped the market for AI infrastructure to grow and is also expected to witness strong growth by 2027. Some of the key companies in the AI infrastructure market are NVIDIA Corporation (US), Intel Corporation (US), Oracle Corporation (US), Samsung Electronics Co., Ltd. (South Korea), Micron Technology, Inc (US), Advanced Micro Devices, Inc. (US), International Business Machines (IBM) Corporation (US), Google LLC (US), Microsoft Corporation (US), Amazon Web Services, Inc. (US), SK Hynix, Inc. (South Korea), MIPS (US), Toshiba Corporation (Japan), Imagination Technologies (UK), Cambricon Technologies Corp. Ltd. (China), Graphcore (UK), Gyrfalcon Technology Inc (US), Cadence Design Systems, Inc. (US), Tenstorrent Inc. (US), Cisco Systems, Inc. (US), Arm Limited (US), Dell Technologies (US), Hewlett Packard Enterprise (US), Synopsys, Inc. (US), and SenseTime Group Inc. (China) are the major players operating in the AI infrastructure market. Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=38254348 Browse Adjacent Market: Semiconductor and Electronics Market Research Reports &Consulting Related Reports: Artificial Intelligence in Manufacturing Market by Offering (Hardware, Software, and Services), Industry, Application, Technology (Machine Learning, Natural Language Processing, Context-aware Computing, Computer Vision), & Region (2022-2027) About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. 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