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Artificial Intelligence

System Basic Chip Market Share to Reach USD 62 Billion, Globally, by 2033: An Exclusive Report by Persistence Market Research

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New York, July 03, 2023 (GLOBE NEWSWIRE) — As per Persistence Market Research, the global market for system basic chips will reach US$ 62 billion by 2033. According to forecasts, the market is expected to grow by 8.1% between 2023 and 2033.

As electric and hybrid vehicles become more prevalent across the globe, there is a huge need for the development of a global system-based chip (SBC) market. The market growth has been further cushioned by the growth in demand from developing countries, including India and China. The chip fabrication technology is likely to advance further, increasing the power of basic chips in the coming decades.

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Specialized accelerators may be incorporated into basic chip systems to address the demands of emerging technologies, such as artificial intelligence. In addition to accelerating AI-related computations more efficiently, these accelerators enable faster and more accurate execution of AI workloads with tensor processing units (TPUs). More functionality will be incorporated into basic chip systems in the future. Devices that are smaller and more energy-efficient are driving this trend. This could improve performance and reduce power consumption by combining CPUs, GPUs, and memory onto the same chip.

Advanced chip architectures may improve energy efficiency and performance in future basic chip systems. The use of neuromorphic or quantum-inspired architectures could make AI and machine learning computations faster and more efficient.

As part of the European Union’s plan to boost domestic semiconductor production, a €43 billion bid has been finalized. The European Commission announced that it had entered into a provisional agreement to implement the European Chips Act, with the goal of increasing the European Union’s semiconductor market share from 10 to 20 percent by 2020. Europe is about to undergo a real revolution in the semiconductor industry with the new rules.

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Key Takeaways from Market Study

  • The system basic chip market for passenger cars is expected to grow at an 8% CAGR by 2033.
  • System basic chip revenue in the United States is expected to reach US$ 8.7 billion by 2033.
  • The system basic chip market for body electronics is expected to grow by 7.9% by 2033
  • China is projected to account for 52% of all systems basic chips in 2033.
  • System basic chips are expected to generate US$ 1.6 billion by 2033 in the United Kingdom.
  • According to forecasts, Japan will hold a 32% CAGR in the system basic chip market from 2023 to 2033.
  • Between 2023 and 2033, PMR forecasts the system basic chip system market to grow at a CAGR of 8.1%.

“Demand for system basic chips is expected to increase due to increased integration and demand for efficient architectures. A growing demand for enhanced security features, specialized accelerators, and improved processing power is expected in the coming years,” says an analyst at Persistence Market Research.

Key Market Players
The system basic chip is used in a wide range of applications, gaining market share every year. A growing number of partnerships and collaborations will enable key players to expand into new markets. System basic chips are being developed by several companies, including:

  •  NXP Semiconductors N.V.
  • Infineon Technologies
  • Texas Instruments Incorporated
  • Robert Bosch GmbH
  • STMicroelectronics N.V.
  • Onsemiconductor Corp.
  • Microchip Technology
  • Melexis N.V.
  • Elmos Semiconductor AG

 Key Market Developments:

  • In June 2023, Samsung will launch custom AI services for its employees through its chip division. This system is expected to offer nine key capabilities, such as automatically responding to product purchases and managing costs, searching for knowledge, and analyzing data for chip production, as well as translating and trancribing minutes of internal meetings.
  • In June 2023, water-soluble, innovative biocompatible hydrogel resin Hydrotech INX U200 is introduced, paving the way for bioprinting to take off. With this bioink, the Austrian 3D printer company UpNano collaborated with newcomer BIO INX to create complex organ-on-chip devices encapsulating live cells via two-photon polymerization (2PP).

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Market Key Segments

  • By Vehicle Type (Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles, Autonomous Vehicles, Automated Guided Vehicles)
  • By Application
  • Power Train (Engine Control Module, Hev/Ev Motor, Transmission)
  • Safety (Airbags, Electronic Stability Control, Adaptive Cruise Control, Night Vision, Tire Pressure Monitoring System, Parking Assistance)
  • Body Electronics (Body Control Modules, Door Control Unit, Led Lighting, Mirror & Window Control, Hvac System)
  • Chassis (Brake Control Module, Steering Control Module, Suspension Control Module, Traction Control Module, Vehicle Dynamics Management)
  • Telematics & Infotainment (Dashboards, Navigation, Connectivity Devices, Audio-Video Systems)
  • By Region (North America, Latin America, Europe, Asia Pacific, Middle East and Africa)

Know More about Report Inclusions

Persistence Market Research published a new market report on the system basic chip market, covering a global industry analysis of 2018 to 2022 and forecasts for 2023 to 2033. This research report provides compelling insights on the basis of product type, application outlook, and sales channel, across all major regions.

The report also includes forecast factors and vital macroeconomic factors that are anticipated to boost the growth of the global market. It also addresses the restraints that are projected to hinder market growth, along with the latest trends and potential opportunities in the market.

For additional information on how system basic chip sales will increase in the near future, write to the team of expert research analysts at [email protected]

Other Trending Reports:

About Persistence Market Research:
Business intelligence is the foundation of every business model employed by Persistence Market Research. Multi-dimensional sources are being put to work, which include big data, customer experience analytics, and real-time data collection. Thus, working on “micros” by Persistence Market Research helps companies overcome their “macro” business challenges.

Persistence Market Research is always way ahead of its time. In other words, it tables market solutions by stepping into the companies’/clients’ shoes much before they themselves have a sneak pick into the market. The pro-active approach followed by experts at Persistence Market Research helps companies/clients lay their hands on techno-commercial insights beforehand, so that the subsequent course of action could be simplified on their part.

Contact
Rajendra Singh 
Persistence Market Research 
U.S. Sales Office:
305 Broadway, 7th Floor
New York City, NY 10007
+1-646-568-7751
United States
USA – Canada Toll-Free: 800-961-0353
Email: [email protected]

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Artificial Intelligence

Synthetik Applied Technologies LLC announces development of UrbanScale – a modeling platform for the prediction, characterization, and quantification of extreme urban heat

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AUSTIN, Texas and LONDON, April 30, 2024 /PRNewswire/ — Synthetik Applied Technologies announces the development of UrbanScale, a tool to model and predict effects of extreme heat in urban areas, through a project funded by the National Oceanic and Atmospheric Association (NOAA). The physical characteristics of urban areas amplify heat effects resulting in what are known as urban heat islands — areas where surface temperatures are much higher than their surroundings. The UrbanScale tool addresses this climate peril with sophisticated analytic tools based on physics informed neural networks and cutting-edge machine learning to predict urban heat and help better understand and mitigate the risks associated with these extreme heat events. As a result of climate change, these events are expected to increase, impacting both the people that live in urban areas and the infrastructure on which they depend.

The UrbanScale platform shows significant promise to provide data on the severity of heat islands and their effects to better understand how they impact human health, energy use and damage to physical infrastructure. This information will provide a step-change in capability for government agencies, urban planners, and transportation authorities to direct efforts for mitigation and intervention. In particular, inclusion of demographic information into data pipelines will allow understanding of how urban heat effects may impact vulnerable or disadvantaged populations. Integration with climate forecasts and models will also provide unprecedented capabilities for forecasting risk associated with climate change.
Josh Hatfield, Director of Research and Development at Synthetik, said:
‘We are extremely grateful for the opportunity to study such an important issue. Extreme heat is already the largest cause of weather-related fatalities in the US, and climate change will only increase the importance of understanding heat in urban environments. Helping to meet that challenge fits directly into Synthetik’s mission.’
Synthetik COO Tim Brewer commented:
‘The UrbanScale tool will allow both our government and insurance partners to better characterize the risk of extreme heat in urban centers and promises to deliver critical insight on the way these events impact energy demands. We look forward to exploring its wide-ranging applications.’
Synthetik plans further development of UrbanScale with NOAA and other partners in the public and private sector.
For all inquiries: Contact Synthetik Applied Technologies PR [email protected] 
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Artificial Intelligence

GLiNTECH – a Valiantys company, wins Atlassian Partner of the Year 2023 Services (APAC) award. Valiantys and GLiNTECH declared Finalists for Team Excellence and ITSM Solutions

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PARIS, April 30, 2024 /PRNewswire/ — Atlassian announced today that GLiNTECH – a Valiantys company has won the Atlassian Partner of the Year 2023 Services (APAC) award. Valiantys and GLiNTECH were further declared finalists for the Team Excellence and ITSM Solutions awards, respectively.

 
This is an acknowledgement of their outstanding work for Atlassian customers during the calendar year 2023. This includes exceptional efforts in developing new business and driving innovative solutions for customer success.
“Our industry leading partners play a vital role in our customers’ continued success. We’re honored to highlight our top partners as award finalists this year, reflecting their ongoing commitment to delivering innovative solutions and unparalleled Atlassian services globally,” said Ko Mistry, Atlassian’s Head of Global Channels.
“We are delighted to be named as finalists for these awards from Atlassian, and we are particularly proud to celebrate GLiNTECH’s achievement in winning the Services (APAC) award.” said Emmanuel Benoit, Global Chief Executive Officer, Valiantys. “At Valiantys, embracing diversity of thought and challenging the ways our teams work has always provided Valiantys with a competitive edge to consistently deliver tangible results and value. We look to the future with unwavering determination and confidence as we continue to drive innovation and unlock potential for our customers around the globe.”
“We dedicate our IT Consulting Services and Custom Solutions to fulfilling our customers’ needs for success,” commented Dimitri Spyridopoulos, Chief Executive Officer GLiNTECH – a Valiantys company. “It’s an honor to be recognized by Atlassian as a finalist in two categories that reflect these efforts: Services and ITSM Solutions, and to be declared as winner for the Services award (APAC).”
For more information regarding this Press Release, contact: [email protected]
About Valiantys
Valiantys is a leading global consulting and services firm dedicated to Atlassian. The company accelerates business transformation by digitizing processes and modernizing teamwork, using the best agile methods and tools. Its Atlassian technical expertise is unparalleled and Valiantys supports its customers across the entire spectrum of projects on those platforms. As a recognized Agile at Scale, ITSM, and Cloud Specialized Partner, Valiantys help organizations accelerate time to value with Agile at scale, cloud, and ITSM implementations. Because teamwork requires more than just tools, the firm bridges the gap between applications and strategic practices such as SAFe® and ITIL. Over the last 15 years, Valiantys has helped more than 5,000 customers achieve their desired business outcomes at a reduced time to value, through improved team collaboration. More information about Valiantys can be found at https://www.valiantys.com/
About GLiNTECH – a Valiantys Company
GLiNTECH is a renowned Atlassian Platinum Partner headquartered in Australia and is the preferred choice for over 300 leading brands. The company has amassed more than 20 years of experience servicing enterprise clients across the Asia Pacific region, earning Atlassian Partner of the Year five times, including most recently for Professional Services. GLiNTECH is recognized as a Specialized Atlassian Cloud and ITSM partner. The company offers deep expertise in Licensing, Training, Support, Managed Services, Consulting, and Agile methodologies and has a proven record in providing reliable solutions while driving success within the Atlassian ecosystem. More information about GLiNTECH can be found here: https://www.glintech.com/
GLiNTECH was acquired by Valiantys in February 2024.
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Artificial Intelligence

Nillion is pleased to announce that Dwinity, a team pioneering decentralized AI has joined as an ecosystem partner

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ZUG, Switzerland and MUNICH, April 30, 2024 /PRNewswire/ — With huge amounts of personal data being collected every day, privacy concerns are escalating as the impact of data breaches become more costly. The need to address the problems created by the existing data economy have never been greater. By empowering users to reclaim control, Dwinity aims to unlock an enormous amount of potential for personal data to enhance various industries like healthcare, insurance, and finance.

About Dwinity
Dwinity’s mission is to give power back to users and to create a thriving data economy in which information asymmetry is finally removed. Dwinity enables a decentralized data economy as well as creates a data ownership driven ecosystem for storage, analysis, exchange, and commercialization of sensitive personal data.
The three components of Dwinity are:
Data control: Decentralized data spaces for decentralized data storage which provides true data sovereignty and enables users to decide with whom data is shared.Data Gold: Decentralized AI tools for each data space have the capability to unlock the full potential of data via sophisticated analysis.Data Cash: A fair marketplace with automated data value analysis, allowing for tangible income for data owners at lower costs and completely anonymous.Dwinity is presently closing its initial seed round at USD 3 MN – funds which will be used for the development of the initial prototypes to hit the market already in 2024.
About Nillion
Nillion is humanity’s first Blind Computer. It is powered by a decentralized network of nodes that enables “Blind Computation” through the coordination and orchestration of privacy enhancing technologies (PETs) such as multi-party computation (MPC), fully homomorphic encryption (FHE) and zero-knowledge proofs (ZKP). Nillion believes Blind Computation will become the internet’s base layer for all private data as PETs continue to mature. Nillion has attracted a notable initial cohort of Blind Computation builders across AI, DeFi, medical data, custody, wallets, global identity, messaging and more.
The Nillion development company, Nilogy, was incubated by CoinList’s seed program. Nilogy’s Founding CTO was the Founding Engineer of Uber (Conrad Whelan), the Chief Strategy Officer was the Founding CMO of Hedera Hashgraph (Andrew Masanto), the Chief Business Officer is the Founder of Indiegogo (Slava Rubin), the General Counsel was the Associate General Counsel of Coinbase (Lindsay Danas Cohen), along with builders hailing from Consensys, LayerZero, Polygon and Google.
“This is a major step on our way to building the leading ecosystem for sensitive data together with one of the top players in the market for the handling of such valuable data. We are looking forward to the cooperation which will add significant trust and competence to both initiatives”, said Peter Koenig, CEO of Dwinity.
Picture is available at AP
Contact for this publication: Christian Mangold [email protected]

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