Global Machine Learning Chips Market 2024-2028

Global Machine Learning Chips Market 2024-2028

Global Machine Learning Chips Market 2024-2028

The machine learning chips market is forecasted to grow by USD 36438.7 mn during 2023-2028, accelerating at a CAGR of 36.5% during the forecast period. The report on the machine learning chips market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing adoption of machine learning chips in data centers, growing investment in smart cities, and development and integration of machine learning chips in autonomous vehicles.

Technavio's machine learning chips market is segmented as below:

• By End-user
• BFSI
• IT and telecom
• Media and advertising
• Others
• By Technology
• System-on-chip (SOC)
• System-in-package
• Multi-chip module
• Others
• By Geographical Landscape
• North America
• Europe
• APAC
• South America
• Middle East and Africa

This study identifies the increasing investments in semiconductors as one of the prime reasons driving the machine learning chips market growth during the next few years. Also, increasing investments in AI startups and growing adoption of socs in robotics will lead to sizable demand in the market.

The report on the machine learning chips market covers the following areas:

• Machine learning chips market sizing
• Machine learning chips market forecast
• Machine learning chips market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading machine learning chips market vendors that include Advanced Micro Devices Inc., Alphabet Inc., Baidu Inc., Broadcom Inc., Cerebras, Fujitsu Ltd., Graphcore Ltd., Huawei Technologies Co. Ltd., Intel Corp., International Business Machines Corp., MediaTek Inc., Microchip Technology Inc., NVIDIA Corp., NXP Semiconductors NV, Qualcomm Inc., SambaNova Systems Inc., Samsung Electronics Co. Ltd., SenseTime Group Inc., Taiwan Semiconductor Manufacturing Co. Ltd., and Tesla Inc.. Also, the machine learning chips market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.