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Artificial Intelligence

Artificial Intelligence Chip Market to reach USD 146.93 Mn by 2029, growing at a CAGR of 37.5 percent and forecast (2022-2029)

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Pune, April 28, 2023 (GLOBE NEWSWIRE) — Maximize Market Research, an international business & consultancy firm has recently published a research report on the “Artificial Intelligence Chip Market”. The total global market for the “Artificial Intelligence Chip Market” was valued at USD 11.5 Bn in 2022 and is expected to grow at a CAGR of 37.5 percent over the forecast period to reach USD 146.93 Bn by 2029.

Market Size in 2021 USD 11.5 Bn
Market Size in 2029 USD 146.93 Bn
CAGR 37.5 percent (2023-2029)        
Forecast Period 2023-2029
Base Year 2022
Number of Pages 265
No. of Tables 129
No. of Charts and Figures 121
Segment Covered By Artificial Intelligence Chip Type, Technology, Application and Region
Regional Scope North America, Europe, Asia Pacific, Middle East and Africa, South America
Report Coverage Market Share, Size & Forecast by Revenue | 2023−2029, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, MMR Competition Matrix, Competitive Leadership Mapping, Global Key Players’ Market Ranking Analysis.

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Artificial Intelligence Chip Market Report Scope and Research Methodology

The report provides an extensive analysis of the Artificial Intelligence Chip Market including market drivers, opportunities, challenges and threats. Key players’ growth strategies and the key segment is included in the report for more in-depth details. Top impacting factors & major investment pockets are highlighted and major countries in each region are analyzed and their revenue contribution is mentioned in the report. The report offers an in-depth analysis of changing Artificial Intelligence Chip Market dynamics, major segments, value chains, competitive scenarios, and market regional growth. The Artificial Intelligence Chip Market report analysis guide to leading players, investors, shareholders, and start-ups in devising strategies for sustainable growth and gaining a competitive edge in the market. SWOT analysis was used to compute the strengths and weaknesses of the Artificial Intelligence Chip industry.

Artificial Intelligence Chip Market Overview

AI chips are built with specific architecture and have integrated AI acceleration to support deep learning-based applications, which is known as active natural network (ANN) or deep neural network (DNN). The AI chips with their hardware architectures and complementary packaging, memory, storage and interconnect technology make it possible to infuse AI into a broad spectrum of applications and help turn data into information and then into knowledge.

AI for smart automobiles to Boost the market Growth

Smart AI Chips are used in automation systems and devices such as smartphones and smart vehicles. The chip is intended to handle real-time video signals from several high-resolution cameras in order to provide situational awareness to the car’s control system. The projected development of autonomous robotics and the emergence of quantum computing is a responsible driver for the Artificial Intelligence Chip Market growth. However, the smart city demand is expected to create opportunities for market growth. This is due to linked infrastructure and the use of digital and smart technologies to provide automated services to clients.

Get a Sample Copy of the Report: https://www.maximizemarketresearch.com/request-sample/185676

Asia Pacific is expected to account for the global Artificial Intelligence Chip Market share over the forecast period

Technological development is a main influencing factor for regional growth. China holds the artificial intelligence chip market in the Asia-Pacific region thanks to the country’s access to cutting-edge manufacturing infrastructure through manufacturers. An increase in investment by major companies and government organizations in semiconductor research and chip start-up development, to support smart infrastructure across industrial and manufacturing sectors. Such factors are expected to drive the market growth during the forecast period.

Artificial Intelligence Chip Market Segmentation

By Chip Type:

• GPU
• ASIC
• FPGA
• CPU
• Other
Based on the Chip Type, the CPU segment to dominate the Artificial Intelligence Chip Market over the forecast period

In 2022, the CPU type segment dominated the global Artificial Intelligence Chip Market share. These chips are more effective and power-efficiently to carry out activities like speech recognition. The Ai chip market for CPU chips is highly competitive, which is used in smart vehicles and smartphones. The high demand for automotive vehicles or smart vehicles and the growth of automation robots are expected to drive the market.

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By Technology:

• System on Chip
• System in Package
• Multi-Chip Module
• Other

By Application:
• Nature Language Processing
• Robotic
• Computer Vision
• Network Security
• Other
Based on Application, the Robotics segment accounted for the Artificial Intelligence Chip Market share in 2022

The robotic type segment is expected to grow at a significant CAGR over the forecast period in the Artificial Intelligence Chip Market. The growing need for AI chips in the robotic industry is a responsible factor for market growth. Businesses and various industries’ adoption of cutting-edge production is expected to drive market growth.

Artificial Intelligence Chip Market’s Key Players include:

• Alphabet
• Apple
• Arm
• Intel
• Nvidia
• Advanced Micro Devices
• Baidu
• Graphcore
• Qualcomm
• Adapteva
• Thinci
• Mythic AI
• Samsung
• Taiwan Semiconductor Manufacturing Company
• HiSilicon
• IBM
• Xilinx
• Via
• LG
• Imagination Technologies
• MediaTek
• Wave Computing
• SambaNova
• Groq
• Kalray.

Get the Sample PDF of the Report: https://www.maximizemarketresearch.com/request-sample/185676

Key questions answered in the Artificial Intelligence Chip Market are:

  • What are Artificial Intelligence Chips?
  • What was the Artificial Intelligence Chip Market size in 2022?
  • What is the expected Artificial Intelligence Chip Market size by 2029?
  • What is the growth rate of the Artificial Intelligence Chip Market?
  • What are the key benefits of the Artificial Intelligence Chip Market?
  • What are the new trends in Artificial Intelligence Chips?
  • What are the driving, opportunity and restraining factors in the global Artificial Intelligence Chip Market?
  • Which are the factors expected to drive the Artificial Intelligence Chip Market growth?
  • Which factors are expected to restrain the Artificial Intelligence Chip Market growth?
  • Which segment dominated the Artificial Intelligence Chip Market growth?
  • What is the demand pattern for the Artificial Intelligence Chip Market?
  • Which region held the largest share of the Artificial Intelligence Chip Market?
  • Who are the key players in the Artificial Intelligence Chip Market?

Key Offerings:

  • Past Market Size and Competitive Landscape (2018 to 2021)
  • Past Pricing and price curve by region (2018 to 2021)
  • Market Size, Share, Size & Forecast by different segment | 2022−2029
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
  • Market Segmentation – A detailed analysis by Chip Type, Technology, Application and Region
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis
  • PORTER’s analysis
  • Value chain and supply chain analysis
  • Legal Aspects of Business by Region
  • Lucrative business opportunities with SWOT analysis
  • Recommendations

Maximize Market Research is a leading Electronics research firm that has also published the following reports:

Artificial Intelligence (AI) Chipset Market: The total market size was valued at USD 10.6 Bn in 2021 and the total revenue is expected to grow at a CAGR of 40 percent from 2022 to 2029, reaching USD 156.43 Bn. The increasingly enormous and complex dataset driving the requirement for AI, and improving computing power and declining hardware cost are expected to drive market growth.

NFC Chips Market: The total market size was valued at USD 4.34 Bn in 2021 and the total revenue is expected to grow at a CAGR of 24.49 percent from 2022 to 2029, reaching USD 25.05 Bn. The increasing need for a reliable and efficient mode of information is expected to drive market growth.

Vehicle Intelligence System Market: The total market size was valued at USD 25.38 Bn in 2021 and the total revenue is expected to grow at a CAGR of 13.11 percent from 2022 to 2029, reaching USD 68.00 Bn. The increasing population and an increase in the per capita income of people are expected to drive market growth.

Envelope Tracking Chips Market: The total market size was valued at USD 1.88 Bn in 2021 and the total revenue is expected to grow at a CAGR of 9.6 percent from 2022 to 2029, reaching USD 3.92 Bn. The increasing demand for highly efficient power management technologies for RF amplifiers is expected to drive market growth.

Wi-Fi Chipset Market: The total market size was valued at USD 20.43 Bn in 2022 and the total revenue is expected to grow at a CAGR of 4.77 percent from 2023 to 2029, reaching USD 28.30 Bn. The increasing technology and growth of smartphone users are expected to drive market growth.

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic Industries, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified Type estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.


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Artificial Intelligence

XtalPi Unveils XtalGazer: A Comprehensive AI-Driven Polymorph Selection Platform

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CAMBRIDGE, Mass., March 28, 2024 /PRNewswire/ — XtalPi Inc., a leading global technology company in integrating artificial intelligence (AI) and robotics to advance the discovery of groundbreaking medicine and innovative materials, announced today the launch of its proprietary comprehensive solid form discovery and selection platform, XtalGazer. This advanced platform aims to significantly improve the polymorph selection process for the pharmaceutical industry by integrating AI- and automation-powered experimental and computational approaches.

XtalGazer provides a total solution for delivering high-quality polymorph screening and selection methods to expedite drug development and mitigate risks. It represents a paradigm shift in solid-state research, moving from the traditional trial-and-error approach to a data-driven, design-led methodology. The platform provides an expansive suite of foundational tools to accelerate polymorph discovery, characterization, and selection process, empowering pharmaceutical companies to conduct thorough research with less active pharmaceutical ingredient (API) in shorter development cycles.
A key component of XtalGazer is XtalCSP, a crystal structure prediction platform to perform global searches of crystal structures for target molecules and the other optional components in the corresponding searching space, offering a deep insight into possible stable forms. Furthermore, crystallization strategy recommendations will provide AI-backed experimental design to help avoid human bias. XtalGazer also utilizes MicroED to rapidly elucidate crystal structures from powder samples, reducing the need for growing single crystals.
XtalPi’s launch of XtalGazer marks another significant step in the company’s ongoing exploration of solid-state research. From crystal structure prediction platforms being one of the first products to launch at XtalPi, to today’s comprehensive polymorph selection platform, XtalPi will keep fulfilling its promise to solving challenging problems in this space. XtalPi will continue to deliver faster, more accurate, and more comprehensive approaches to building an ecosystem for the R&D process in solid-state, pre-formulation and crystallization.
For more information about XtalPi, please visit www.xtalpi.com.
About XtalPi:
XtalPi is an innovative technology company powered by artificial intelligence (AI) and robotics. Founded in 2015 on the MIT campus, XtalPi is dedicated to driving intelligent and digital transformation in the life science and new materials industries. With tightly interwoven quantum physics, AI, cloud computing, and large-scale clusters of robotic workstations, XtalPi offers a range of technology solutions, services, and products to accelerate and empower innovation for biopharmaceutical and new materials companies worldwide.
Media Contact: Vivienne [email protected]
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Artificial Intelligence

ICIS and Base Oil News Announce Partnership to Enhance Market Insights

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LONDON, March 28, 2024 /PRNewswire/ — ICIS, a global source of commodity intelligence, is pleased to announce a strategic partnership with Base Oil News, a premier news outlet founded by industry expert Iain Pocock that provides in-depth coverage of the base oils and lubricants market. This collaboration marks a significant milestone in the dissemination and exchange of critical market data and insights.

With more than two decades of journalism experience at Bloomberg, Reuters, and Argus Media, Iain Pocock brings unparalleled expertise to this partnership. His deep understanding of illiquid energy markets makes him a credible and influential figure in the industry. Since November 2023, Iain has been working closely with ICIS to share and exchange valuable data and insights, enhancing the services both platforms offer to the base oils and lubricants market.
Through the collaboration, Iain integrates ICIS’ extensive content and data resources in Base Oil News market coverage. In return, he contributes market insights to ICIS News, including expert and exclusive analysis of supply and demand dynamics, price margins, and other critical market drivers. This exchange ensures that subscribers of both ICIS and Base Oil News have access to the most comprehensive, timely, and accurate market information, empowering them to make informed decisions.
“It’s a very exciting partnership – where we leverage each other’s strengths and provide actionable insights to our customers,” said Iain Pocock, Founder of Base Oil News. “The market is the winner.”
“As ICIS is already the world’s most trusted pricing benchmark for base oils, this collaboration with Iain Pocock and Base Oil News provides an even stronger and deeper service to our customers,” said Stephen Burns, Editorial Director at ICIS. “Iain’s expertise and extensive industry connections are invaluable, and we have established a fruitful partnership that benefits the market at large.”
For the latest insights from Iain Pocock on ICIS News, visit ICIS News.  
About ICIS
ICIS – Independent Commodity Intelligence Services – helps businesses through seamlessly delivering data and analytics, across the chemical, fertilizer and energy markets. A trusted source and benchmark for price information and insight across key commodities markets worldwide. Our independent, transparent market intelligence informs thousands of quality decisions every day, taking the pressure out of negotiations and giving customers space for more innovative thinking, through published datasets including price assessments, price forecasts, supply and demand fundamentals and more.
Over 150 years of shaping the world by connecting markets to optimise the world’s valuable resources. With a global team of more than 600 experts, ICIS has employees based in London, New York, Houston, Karlsruhe, Milan, Mumbai, Singapore, Guangzhou, Beijing, Shanghai, Dubai, Sao Paulo, Seoul, Tokyo and Perth.
ICIS is part of RELX, a FTSE15 company with a market cap of £64bn and an employee base of over 30,000 experts across 40 countries.
About RELX
RELX is a global provider of information and analytics for professional and business customers across industries. The Group serves customers in more than 180 countries and has offices in about 40 countries. It employs approximately 30,000 people of whom almost half are in North America. RELX PLC is a London listed holding company which owns 52.9% of RELX Group. RELX NV is an Amsterdam listed holding company which owns 47.1% of RELX Group. The shares are traded on the London, Amsterdam and New York Stock Exchanges using the following ticker symbols: London: REL; Amsterdam: REN; New York: RELX and RENX. Total market capitalisation is approximately £64bn | €75bn | $81bn.
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Artificial Intelligence

Trianz Welcomes Israel Abraham as Vice President of Services for Extrica.ai – The Data to AI Platform

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SANTA CLARA, Calif., March 28, 2024 /PRNewswire/ — Digital transformation technology & services company Trianz is pleased to announce the appointment of Israel Abraham as Vice President of Extrica Platform Services.

Trianz has embarked on a transformative journey, redefining its value proposition with an ‘IP Led’ model, with a commitment to deliver the fastest time to value, lowest human dependence, and highest ROI. Central to this approach are our hyper-automated platforms, Concierto.Cloud, Extrica.AI, and Pulse, driving industry-leading transformations in cloud, data and analytics, AI, and the digital workplace.
Israel Abraham is a very well-known pioneer and industry leader in AI, data management, and analytics systems, with over three decades of experience. He joins as the services leader for Extrica- the Trianz Data to AI platform, which productizes data, provides data a face and purpose, and accelerates time to insights and AI by 50% or more. In the role of Extrica Services leader, Israel will lead the shaping, visioning, and delivery of Extrica.ai based enterprise wide datamesh, BI, and AI solutions for customers worldwide.
“We are thrilled to welcome Israel Abraham to the Trianz family,” said Sri Manchala, CEO of Trianz and author of Crossing the Digital Faultline. “He is a leader in modernization as well as conceptualization of data platforms anew. Israel’s prior background in the industry with financial services and insurance giants underscores our commitment to securing top-tier talent that brings real-world experiences and needs to our technology platforms. As we continue to broaden our footprint in the digital transformation space, Israel’s visionary leadership and practical experience will serve as the cornerstone in accelerating insights and AI to deliver transformative value to our clients.”
Having played pivotal roles in highly reputed and large organizations such as Liberty Mutual Insurance, MassMutual, Safeco, and CNA Insurance, Israel has garnered recognition as a seasoned leader in big data and AI cloud implementations. His accolades include the prestigious 2014 Ventana Research IT Innovation Award, the 2009 Informatica MDM Innovation Award, and three filed Data Engineering patents in the last four years.
“Trianz has been at the forefront of digital innovation, and Extrica.ai is a paradigm shifting data to AI platform that completely changes how analytics and AI are delivered- much faster, taking business ahead of change. I am excited to scale the adoption of the Extrica platform, which has attracted attention from giants across the industry and hyperscalers,” said Israel Abraham. “I look forward to engaging with customers, bringing my own experiences, and collaborating with the talented team at Trianz to further enhance the capabilities of the Extrica Platform Services to transform data & AI strategies, execution, and outcomes for customers.”
About Trianz
Trianz is a leading-edge technology platforms and services company that accelerates digital transformations at Fortune 100 and emerging companies worldwide in data & analytics, digital experiences, cloud infrastructure, and security. Our ‘IP Led Transformations’ approach, informed by insights from a recent global study spanning 20+ industries and 5000+ companies, addresses challenges posed by the rapid pace of AI-driven transformation, digital talent scarcity, and economic uncertainty. Our IP and platforms, including Concierto, Extrica, and Pulse, revolutionize cloud adoption, data analytics, and AI insights, empowering organizations to navigate the complexities of digital transformation seamlessly.
Founded in California and with an organization of over 2,000 associates across the United States and India, Trianz is a Premier Partner of AWS, consistently rated #1 by clients for value delivery over the past five years. Trianz has been ranked as one of the best Consulting Firms by Forbes and has been certified as a Great Place to Work for three years in a row. To learn more about Trianz, email [email protected] or visit www.trianz.com.
Watch Trianz CEO Sri Manchala’s insightful interview with Bloomberg on Partner | Crossing The Digital Faultline & Leading Towards Transformative Success – YouTube and delve deeper into his book Crossing the Digital Faultline at Crossing the Digital Faultline | Trianz.
Trianz Media [email protected] +1-408-387-5800
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