Artificial Intelligence
Artificial Intelligence (AI) Chipsets Market: Surge in Inference Applications Drives 37.1% CAGR by 2031 | SkyQuest Technology
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WESTFORD, Mass., July 10, 2024 /PRNewswire/ — According to SkyQuest, the global Artificial Intelligence (AI) Chipsets Market size was valued at USD 15.36 billion in 2022 and is poised to grow from USD 21.05 billion in 2023 to USD 262.78 billion by 2031, growing at a CAGR of 37.1% during the forecast period (2024-2031).
The market is driven by increased data availability and the need for more computing power. The increasing adoption of autonomous vehicles and parallel computing in AI data centers is driving the increase in the use of chipsets and other. AI technologies in these industries. AI is becoming an integral part of consumer electronics, including everything. Along with this growth in the semiconductor industry comes new opportunities. The ability to handle increasing amounts of data is a key factor in growing the market size of AI chipsets. Artificial intelligence (AI) is creeping into almost every aspect of consumer electronics. Its usage is increasing beyond mobile phones along with the automotive industry.
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Artificial Intelligence (AI) Chipsets Market Overview:
Report Coverage
Details
Market Revenue in 2023
USD 21.05 Billion
Estimated Value by 2031
USD 262.78 Billion
Growth Rate
Poised to grow at a CAGR of 37.1%
Forecast Period
2024–2031
Forecast Units
Value (USD Billion)
Report Coverage
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered
Hardware, Computing Technology, Technology, End User and Function
Geographies Covered
North America, Europe, Asia Pacific, Middle East & Africa, Latin America
Report Highlights
Updated financial information / product portfolio of players
Key Market Opportunities
Product Innovations in AI Chipsets Market Shaping the Future
Key Market Drivers
Growing Demand for Autonomous Vehicles
Segments covered in Artificial Intelligence (AI) Chipsets Market are as follows:
HardwareProcessor (Graphic Processing Unit (GPU), Application-Specific Integrated Circuit (ASIC), Field Programmable Array (FPGA), Central Processing Unit (CPU), Digital Signal Processor (DSP), Microcontroller (MCU)), Memory, Network (Interconnects and Ethernet Adapters)Computing TechnologyEdge AI Computing, Cloud AI ComputingTechnologyMachine Learning (Deep learning, Supervised Learning, Unsupervised Learning, Reinforcement Learning, and others), Natural Language Processing, Context-Aware Computing, Computer Vision, Predictive AnalysisEnd-UserConsumer Electronics, Automotive and Transportation, Manufacturing, Agriculture, Retail, Healthcare, Cybersecurity, Human Resources, Marketing, Law, Fintech, Government, OthersFunctionTraining and InferenceRequest Free Customization of this report:
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Revolutionizing Computing: Cutting-Edge Technologies in AI Chipsets
Cloud AI computing had the largest market share in the AI chipset market by 2023, the year the technology was widely used in business-based chipset training. The driving forces behind the growth of the cloud-AI computing segment were as follows: 70% of companies access their AI capabilities through cloud-based software, and 65% of them access cloud services and AI applications.
In contrast, the Edge A.I. Most artificial chipsets running at the edge today are used for simulation, while artificial intelligence chipsets for edge are in early development Many big players compete in the market with AI chipsets in both cloud and edge, and it has used examples such as Google Inc, Baidu Inc, Graphcore Established and edge-driven for accounting for AI chipsets.
Empowering End-Users: The Reach of AI Chipsets Across Industries
Consumer electronics holds the largest marketplace proportion inside the marketplace by way of 2023. The emergence of AI-powered technologies has dramatically changed consumer electronics, formed consumer expectations, revolutionized commercial enterprise fashions and created new market channels. As people turn out to be accustomed to clever gadgets of their everyday life, expectancies and goals for convenient electronics develop schools, using power. It also emphasizes integrated systems harnessing the power of AI.
However, automobiles and transportation have made rapid advances in AI and its products. Furthermore, increased disposable income is directly related to the power of the consumer in the automotive industry. From that perspective, the automotive industry is booming and at the same time, it will increase the demand for AI chipsets. In addition to using AI chipsets in the automotive industry to make vehicles sense and react to their environment, which can improve safety and comfort. AI chipsets are used in vehicle systems, including advanced driver assistance systems (ADAS), autonomous driving and entertainment drives.
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Accelerating Innovation: The Future of AI Chipsets Market
The artificial intelligence (AI) chipsets market is evolving and changing at a rapid pace, driven by the growing demand for powerful and efficient computing solutions to support artificial intelligence. As businesses around the world embrace AI technologies, there’s a huge need for specialized chipsets that are powerful AI. handle tasks quickly and efficiently.
Advances in semiconductor technology and continuous innovation in AI algorithms are the major drivers of the market. Companies are developing more advanced specialized AI chipsets, such as neural processing units (NPUs) and graphics processing units (GPUs), to meet the increasing computing needs of AI applications.
Related Report:
AI Market
Artificial Intelligence (AI) in Computer Vision Market
Edge Artificial Intelligence (AI) Market
Mobile Artificial Intelligence (AI) Market
Artificial Intelligence (AI) Hardware Market
About Us:
SkyQuest is an IP focused Research and Investment Bank and Accelerator of Technology and assets. We provide access to technologies, markets and finance across sectors viz. Life Sciences, CleanTech, AgriTech, NanoTech and Information & Communication Technology.
We work closely with innovators, inventors, innovation seekers, entrepreneurs, companies and investors alike in leveraging external sources of R&D. Moreover, we help them in optimizing the economic potential of their intellectual assets. Our experiences with innovation management and commercialization has expanded our reach across North America, Europe, ASEAN and Asia Pacific.
Contact:Mr. Jagraj SinghSkyQuest Technology1 Apache Way,Westford,Massachusetts 01886USA (+1) 351-333-4748Email: [email protected] Our Website: https://www.skyquestt.com/
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Artificial Intelligence
Simply NUC® Launches Intel® AI PC Development Kit to Empower AI Innovators
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Intel Subsidy Provides $500 Discount for AI Developers on AI PC Development Kit
AUSTIN, Texas and BELFAST, United Kingdom and DUBLIN, Aug. 21, 2024 /PRNewswire/ — Simply NUC, a global leader in customized PC solutions, in collaboration with Intel, proudly announces the Intel® AI PC Development Kit. This advanced kit is equipped with the powerful Core Ultra 7 (155H), 32GB RAM, 512GB storage, and Windows 11 Pro, making it ideal for developers and researchers focused on AI innovation. The configured PC features Intel® Iris® Xe graphics and the OpenVINO™ toolkit, enabling optimized AI performance for deep learning and computer vision tasks.
The Intel AI PC Development Kit is tailored for software developers, data scientists, and educators focused on AI and machine learning projects. With robust processing capabilities, users can efficiently create, test, and deploy AI models. Additionally, as part of the Intel AI Developer Program, users gain access to valuable resources such as tutorials, webinars, and community support. Program participants can also enjoy a $500 discount on the kit, making it an affordable and comprehensive solution for AI innovation.
“We are thrilled to offer this powerful PC development kit to the AI community,” said Aaron Rowsell, President & Founder of Simply NUC. “With the combined expertise of Intel and Simply NUC, this kit provides developers with everything they need to push the boundaries of what can be achieved with AI technology.”
The launch of the Intel AI PC Development Kit represents a pivotal moment for Simply NUC as the company continues to enhance its portfolio of specialized computing solutions. The kit is poised to become an essential resource for AI developers and researchers worldwide by leveraging Intel’s leading technology and Simply NUC’s expertise in high-performance PCs.
The Intel AI PC Development Kit is now available through all Simply NUC websites. For more information and to take advantage of the developer program discount, visit: https://simplynuc.com/intel-for-ai-developers/
About Simply NUC:Formed in 2015 and headquartered in Round Rock, Texas, Simply NUC, Inc. is a global systems integrator and OEM specializing in customized small form factor PCs. Simply NUC provides fully configured, warrantied, and supported PC systems, as well as end-to-end NUC project development, custom operating system installations, and NUC accessories. Learn more at www.simplynuc.com.
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Artificial Intelligence
Tower Company EuroTeleSites to Advance Digital Transformation with Sitetracker
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Cost and time savings will drive efficiencies; powerful analytics sharpens rollout strategies
MONTCLAIR, N.J., Aug. 21, 2024 /PRNewswire/ — Sitetracker, the world’s leading provider of deployment operations management software, will implement its software at EuroTeleSites, third largest listed company in Europe with markets in Austria, Bulgaria, Croatia, Slovenia, North Macedonia, and Serbia. With Sitetracker, EuroTeleSites will increase the efficiencies of wireless infrastructure deployments across all countries, improve product management and asset management, and harness its troves of proprietary data for strategic insights.
With more than 13,500 sites across CEE, EuroTeleSites deploys, operates, and maintains a massive network of critical infrastructure that wireless service providers across all six countries use. Rising customer expectations led to the company’s plan to move off its legacy asset management software to a modern platform with better usability and built-in data analytics. EuroTeleSites will make that digital transformation with Sitetracker.
“The approximately 400,000 mobile towers of all telcos and TowerCos throughout Europe form the infrastructural backbone of an increasingly digital, mobile society. As a tower operator, this requires close coordination with customers, authorities, landlords and suppliers: from site selection to construction and maintenance. Sitetracker helps us synchronize all the necessary information across countries and in real time and use it more effectively,” comments Lars Mosdorf, CFO of EuroTeleSites and responsible for IT, on the potential of the software changeover. “With the introduction of Sitetracker, we are creating state-of-the-art support for our team and the basis for big data analytics, machine learning and, in a later step, digital twins,” says Mosdorf, delighted with the forward-looking investment.
Sitetracker continues to see extraordinary success in international markets, particularly in Europe where telecom service providers are investing in high-capacity fiber and wireless infrastructure to deliver much-anticipated 5G services. The Sitetracker product suite, with its built-in best practices for the telco industry, offers a complete telecom ecosystem with prebuilt, intelligent templates and workflows based on years of experience that benefit EuroTeleSites as it moves nimbly to respond to its customers.
“In order to reap the benefits of digital transformation, which include significant cost and time savings, companies must re-imagine old processes and use data to improve them,” said Giuseppe Incitti, CEO of Sitetracker. “Sitetracker gives telcos and TowerCos the tools to make this shift simply and effectively, so they can move forward with clear, precise, real-time information and focus on serving their customers with maximal efficiency. We look forward to a continued positive relationship with EuroTeleSites.”
About SitetrackerSitetracker powers the rapid deployment of tomorrow’s infrastructure. The global leader in deployment operations management software, Sitetracker helps innovative companies like Cox, Telefonica, EVgo, Nextera, Comcast, ChargePoint, Cypress Creek Renewables, Ziply, Southern Company, Iberdrola, Vodafone, Vantage Towers, VerticalBridge, and Congruex plan, deploy, and manage millions of programs, projects, sites, and assets across nearly 300 customers globally. By giving telecommunications, EV charging, renewables, utility, and real estate teams a cloud-based solution that works easily and effectively, Sitetracker accelerates the transition to a fully connected and sustainable future. Deploy what’s next. For more information, please request a demo.
About EuroTeleSitesEuroTeleSites, a listed company on the Vienna Stock Exchange, is the leading provider of telecommunications infrastructure and solutions in the CEE region. It is building the region’s digital infrastructure by operating 13,552 strategically located sites in the second quarter 2024. In the 2023 reporting period (Sep 22 – Dec 31), 165 employees generated revenues of EUR 71.9 million. As a European player among the top 30 tower companies worldwide, EuroTeleSites´ goal is to further strengthen its position as a trusted partner in the telecommunications industry. Besides A1 as the anchor tenant, customers range from mobile network operators to internet service providers, enterprises and government agencies. EuroTeleSites is dedicated to delivering reliable and innovative infrastructure solutions to meet the ever-growing connectivity needed in today´s world.
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Artificial Intelligence
Indosat Ooredoo Hutchison Elevates National Technological Ambition with the Unveiling of Indonesia’s First AI Experience Center
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JAKARTA, Indonesia, Aug. 21, 2024 /PRNewswire/ — Indosat Ooredoo Hutchison (Indosat or IOH, IDX: ISAT) has taken a significant step forward in its larger purpose to empower Indonesia by launching the country’s first AI Experience Center at Solo Technopark in Solo, Central Java. This state-of-the-art facility, backed by advanced 5G connectivity, stands as a testament to Indosat’s commitment to shaping Indonesia’s future as an AI Nation and positioning the country as a key player in the global AI community.
The inauguration of this groundbreaking AI Experience Center was marked by the presence of prominent figures, including Wijaya Kusumawardhana, Expert Staff to the Minister for Social, Economic and Cultural Affairs representing the Minister of Communication and Informatics of the Republic of Indonesia; Vikram Sinha, President Director and CEO of Indosat Ooredoo Hutchison; and Teguh Prakosa, the Mayor of Surakarta. This milestone underscores Indonesia’s strides toward realizing its vision of a Golden Indonesia 2045 through the adoption of advanced technologies, with 5G connectivity serving as the backbone of this transformation.
Expert Staff to the Minister of Communication and Informatics of the Republic of Indonesia for Social, Economic and Cultural Affairs, Wijaya Kusumawardhana, expressed, “We congratulate Indosat Ooredoo Hutchison for pioneering the first AI Experience Center in Indonesia. This initiative signifies a pivotal moment in the evolution of our telecommunications industry. We are confident that this experience center will catalyze further innovation across sectors, and we stand ready to support its success.”
President Director and CEO of Indosat Ooredoo Hutchison, Vikram Sinha, said, “This AI Experience Center marks a cornerstone in our journey to empower Indonesia through AI. It is a clear demonstration of our commitment to transforming Indonesia’s digital and telecommunications landscape. We deeply appreciate the support from the Indonesian government and our strategic partners who share our vision of propelling Indonesia onto the global stage. This is only the beginning of many exciting developments as we unlock infinite possibilities for millions of Indonesians.”
Mayor of Surakarta, Teguh Prakosa, emphasized, “We are honored that Indosat has chosen Solo for the establishment of Indonesia’s first AI Experience Center. This facility will not only enhance Solo Technopark but also trigger a multiplier effect on the local economy and digitalization, benefiting education, tourism, and job creation.”
Partnering with global technology leader Huawei, the Indosat AI Experience Center showcases cutting-edge AI technologies applicable to various sectors, including smart city management optimized by its 5G network, arts, food & beverages, and other creative industries. Beyond serving as a showcase for the latest AI innovations, the AI Experience Center will also function as a training hub, offering programs to students, public servants, and the broader community on how AI can enhance productivity and create new opportunities.
This hands-on experience is a precursor to the AI Center of Excellence that Indosat plans to establish, which will be powered by 5G technology and is set to be groundbreaking in the near future. Indosat’s commitment to catalyzing advanced technology in Solo began in 2021 with the launch of its 5G service, followed by the establishment of Solo Safari as the first 5G zoo in Indonesia.
Guided by Indosat’s overarching purpose of empowering Indonesia, the AI Experience Center is poised to be a catalyst for innovation, fostering the development of AI-ready talent, and providing society with the tools to harness AI’s transformative power. As Indonesia stands on the cusp of a technological revolution, Indosat’s AI Experience Center symbolizes not just the dawn of a new era, but the beginning of a journey that will see Indonesia rise as a leader in AI. With this facility, Indosat is not merely investing in technology; it is investing in the future of the nation—empowering Indonesians to seize the boundless opportunities that AI and 5G present and to propel the country toward a brighter, more innovative future.
About Indosat Ooredoo Hutchison
Indosat Ooredoo Hutchison (Indosat, IDX: ISAT) has the vision to become the most preferred digital telecommunications company in Indonesia. Together with its subsidiaries and affiliates, Indosat provides cellular services, ICT solutions, data centers, Fiber to the Home (FTTH), electronic payment services, financial services, and other digital services. Indosat has a larger purpose of empowering Indonesia, and with the spirit of Gotong Royong, Indosat wants to be the main collaborator in realizing it and creating meaningful change.
Disclaimer
This document may contain financial information and the results of certain operational activities, and may contain a number of projections, plans, strategies, and objectives of Indosat Ooredoo Hutchison, which are not statements of historical fact which will be treated as forward-looking statements in accordance with applicable law. Forward-looking statements are subject to risks and uncertainties that could result in actual events and future achievements of Indosat Ooredoo Hutchison different from those expected or indicated by the statements. No warranty can be given as to the results expected by Indosat Ooredoo Hutchison, or indicated by such statements, to be achieved.
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