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At 30.0% CAGR, Deep Learning Chip Market is Emerging with US$ 21.31 Billion by 2027

The Global Deep Learning Chip Market 2021 Research Report is a professional and in-depth study on the current state of Deep Learning Chip Market.

With the availability of an enormous amount of data and vast scalability of cloud-based compute power, the chip has become a massive trend across industries in these past few years. In today’s digital world, information is the key for enterprises to be successful and to maintain sustainable growth. Deep learning chip is a specialized hardware chip which acts as a brain for the device, deep learning chips have many computing cores and come with high bandwidth memory. These chips are also known as AI chips and have its application in numerous systems including CPUs, GPU, and ASIC among others.

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Major Key Players Covered In This Report: Advanced Micro Devices, Inc., Amazon Web Services, Inc., Bitmain Technologies Holding Company, Baidu, Inc., Google, Inc., Intel Corporation, NVIDIA Corporation, Qualcomm Technologies, Inc., Samsung Electronics Co. Ltd., and Xilinx Inc.

With the increasing demand for application-based deep learning chips for specific problems in an industry vertical, various startups and established companies are focusing on new hardware innovations that support rapid, and efficient deep learning processing. Deep learning is the part of the range of AI applications offered by AI chipset architectures along with machine learning, and natural language processing among others for both training and inference. To address the increasing demand and variety of AI workloads, vendors are now mixing a wide range of chip technologies in their products.

There are various application-specific SoCs available for intelligent robotics and mobile apps. A large number of start-ups have come up in the artificial intelligence ecosystem, and they have received impressive funding from various big organizations. ASICs and application-specific custom/hybrid deep learning chips will be the future of deep learning chip market and therefore is expected to be a trending factor impacting the growth of the deep learning chip market.

The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the Deep Learning Chip market. Further, the report conducts an intricate examination of drivers and restraints operating in the market. The report also evaluates the trends observed in the parent market, along with the macro-economic indicators, prevailing factors, and market appeal with regard to different segments. The report predicts the influence of different industry aspects on the Deep Learning Chip market segments and regions.

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The deep learning chip market has been derived from market trends and revenue generation factors from five different regions across the globe namely; North America, Europe, Asia Pacific, MEA, and SAM. The North America region holds the highest market share, whereas APAC is projected to be the fastest-growing region as well in the coming years. In North America, a large number of start-ups have already entered the marketplace to develop innovative AI-based solutions and services. In addition, the growing need for digitalization and smart technological solutions to implement smart business decisions and technology modernization have contributed substantially toward the growth of the deep learning chip market in North America.

The deep learning chip market by industry vertical is segmented into media & advertising, BFSI, IT & telecom, retail, healthcare, automotive & transportation, and others. The BFSI holds a significant share in the market, whereas, healthcare is expected to be the fastest-growing solution during the forecast period. The healthcare segment generates a huge amount of data ranging from customer’s personal data to clinical research data. The deep learning chip market is experiencing high growth in the medical sector with huge investments and projects made by companies to develop treatments based on the concept of machine learning.

There are various areas where artificial intelligence is being applied in the healthcare sector. Some of these areas include Diagnosis and Treatment Systems, Image Analytics & Diagnosis and others. On the other hand, BFSI Institutions face a dynamic & challenging environment with superior competition from specialized Fin-Tech enterprises, increasing regulatory supplies and pressure on interest margins in a low-interest rate market. All of this at a time when consumer behavior is transforming and traditional banking practices and models are no longer adequate to achieve the increasing consumer demands.

The research on the Deep Learning Chip market focuses on mining out valuable data on investment pockets, growth opportunities, and major market vendors to help clients understand their competitor’s methodologies. The research also segments the Deep Learning Chip market on the basis of end user, product type, application, and demography for the forecast period 2021 –2028. Comprehensive analysis of critical aspects such as impacting factors and competitive landscape are showcased with the help of vital resources, such as charts, tables, and infographics.

Major Key Points of Deep Learning Chip Market

  • Deep Learning Chip Market Overview
  • Deep Learning Chip Market Competition
  • Deep Learning Chip Market, Revenue and Price Trend
  • Deep Learning Chip Market Analysis by Application
  • Company Profiles and Key Figures in Deep Learning Chip Market
  • Market Dynamics
  • Methodology and Data Source

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About Us:

The Insight Partners is a one-stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Healthcare, Manufacturing and Construction, Media and Technology, Chemicals, and Materials.

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Contact Person: Sameer Joshi

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Phone: +1-646-491-9876

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