Artificial Intelligence Chipset Market

komal boudhh

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The data experts at Market Research Future Reports (MRFR) have thoroughly evaluated the global artificial intelligence (AI) chipset market and established that the market is likely to record a CAGR of 39.18%, holding a value of USD 38.46 billion by the end of 2025. The number of AI-enabled application is augmenting, which is a substantial factor prompting global artificial intelligence (AI) chipset market 2020. Further, attempts to improve the customer experience by employing AI-based products and services. In addition, the development of human-aware AI systems is likely to augment the opportunity of expansion. Besides, the integration of AI with computing equipment is projected to be a lucrative factor resulting in an upward trajectory of the market. It is to be accentuated here that AI chipset demands low power with higher computing efficiency to devices such as laptops, smartphones, and smart wearables. The integration of AI chips ensures the operational efficiency with advanced VR, AR and enhanced user experience. On the flip side, the dearth of technical prowess and AI standards are anticipated to limit the enlargement of the global artificial intelligence (AI) chipset market.

However, pandemic COVID-19 has resulted in changing market dynamics. The data experts at MRFR are evaluating factors and the aftermath of COVID-19. We will provide an impact analysis report on COVID-19.