Global AI chipsets market will approach $13.4B USD by 2023

Global Artificial Intelligence (AI) chipsets market will reach $13.4B USD by 2023 according to the latest report by Research And Markets.

Artificial Intelligence (AI) capabilities such as deep machine learning, image detection, and many others will be enabled with this Artificial Intelligence (AI) chipsets. The Artificial Intelligence (AI) chipset will transform the entire embedded system ecosystem. AI chipset with builtin multi-processors will learn from the surrounding environment, and users and machines. It will help identify a hidden pattern among data, predict actionable insight, and perform actions based on specific situations.

Moving forward these AI chipsets will become an integral part of Artificial Intelligence (AI) software and systems. The effect is dramatical improvements in overall functions and computing performance. Players in edge computing, 5G, blockchain networks are analyzed to evaluate AI chipset market covering almost all major industry verticals. Emerging trends such as the role of AI in Quantum Computing technologies are also included in the report, says the announcement.

Key findings of Artificial Intelligence (AI) chipsets market report include:

• By the year 2023, there will be more than 6.9 billion AI chipset will be in a production deployment. The united states will contribute around $3.5B USD by the year 2023. 
• Technological trends such as the Internet of Things (IoT), Edge Computing, Blockchain, and Data Analytics will be contributing to the growth of AI chipsets. 
• Among these technologies, the Internet of Things (IoT) will contribute around 83% of the entire AI chipsets market. 
• Among all vendors, the top 20 vendors will contribute more than 90% of entire AI chipsets market.

Additionally, AI capabilities will lead to the transformation of critical business functions such as Identity management, authentication, and cybersecurity, the report added.