AI Chipsets Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026Posted by Statzy Market Research on April 11th, 2021 Various factors, such as an increase in the demand for autonomous driving, edge analytics, and smart appliances in the consumer electronics industry, are anticipated to fuel the market growth. - The increase in social media and e-commerce penetration is resulting in the generation of large volumes of data. For instance, e-commerce users in India generate over 30-40 TB (Terabytes) of data daily, which is equivalent to the content in 50 lakh Yellow Pages books. The need to process such huge data at a faster rate is driving the market. - The ability of machine learning to collect and handle big data, and its various applications in the autonomous robots, real-time speech translation, and facial analysis are also driving its growth in the market, and as AI constitutes multiple technologies that play a very crucial role in the development of the ecosystem, it is also expected to witness high demand. - Moreover, as AI enables the machines to perform various activities that are similar to those performed by human beings, many opportunities are expected to open up in the future. Moreover, the increasing focus on developing human-aware AI systems is also increasing the growth of the market. However, the lack of a skilled workforce and the absence of standards and protocols are restraining the growth of the market. Free Sample report for this report is available :- https://www.statzyreports.com/report/sr497355/ai-chipsets-market Key Market Trends - A high-speed computing processor enables machine learning, which consists of deep learning, reinforcement learning supervised, and unsupervised learning. These machine learning devices are equipped with AI processing chipsets and are expected to drive AI chipsets demand in the coming years. - The consumer electronics segment is also expected to hold a significant share in the artificial intelligence chipset market during the forecast period. This industry witnesses a large demand for various electronic devices, such as tablets and smartphones. The major key vendors in the industry, such as Samsung, is implementing AI technologies primarily to enhance and offer highly customized products. - Conventional consumer electronics products, such as smartphones, computers, TVs, cameras, speakers to the voice-enabled devices, smart TVs, and smart wearables, are rapidly gaining traction in the market. By the adoption of AI technology, the industry is expected to see a stellar growth during the forecast period. - The application of AI chipset in consumer electronics, such as smartphones, tablets, and laptops, involves the integration of voice commands, enhancement of photography experience, gathering and sorting relevant data based on past searches, etc., which has resulted in the high adoption of AI chipsets. - The region has a major presence of smartphone manufacturers and semiconductor industries in the world. Countries, like China, Japan, Taiwan, and South Korea, comprise most of the major smartphone manufacturers. The increasing population resulted in an increase in the usage of smartphones, which is expected to result in the growth of the market. - April 2019 - Qualcomm collaborated with Vivo, Tencent Honor of Kings, and Tencent AI Lab, to augment artificial intelligence capability on mobile and other smart devices. With its advanced ‘Project Imagination’ 4G AI technology, Qualcomm is anticipated to enhance the user experience in mobile-based game apps through AI-powered chips. For sample report please visit : https://www.statzyreports.com/report/sr497355/ai-chipsets-market
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