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The Global Machine Learning Chip Market (2018-2025) - CAGR to Grow at 40.8% - Analysis by Chip Type Technology and Industry Vertical - ResearchAndMarkets.com

September 18, 2018

DUBLIN--(BUSINESS WIRE)--Sep 18, 2018--The “Machine Learning Chip Market by Chip Type Technology and Industry Vertical - Global Opportunity Analysis and Industry Forecast, 2018-2025” report has been added to ResearchAndMarkets.com’s offering.

According to the report, 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. 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.

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.

Key Topics Covered

Chapter 1: Introduction

Chapter 2: Executive Summary

Chapter 3: Market Overview

Chapter 4: Machine Learning Chip Market, by Chip Type

Chapter 5: Machine Learning Chip Market, by Technology

Chapter 6: Machine Learning Chip Market, by Industry Vertical

Chapter 7: Machine Learning Chip Market, by Region

Chapter 8: Company Profiles

Alphabet Inc. (Google Inc.)Amazon.com, Inc.Advanced Micro Devices, Inc.Baidu, Inc.Bitmain Technologies Ltd.Intel CorporationNvidia CorporationQualcomm IncorporatedSamsung Electronics Co. Ltd.Xilinx, Inc.

For more information about this report visit https://www.researchandmarkets.com/research/xf4j28/the_global?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180918006130/en/

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Related Topics:Machine Learning and Data Mining

KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT HARDWARE SOFTWARE

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 09/18/2018 05:25 PM/DISC: 09/18/2018 05:25 PM

http://www.businesswire.com/news/home/20180918006130/en

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