The global machine learning chip market size reached US$ 7.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 35.0 Billion by 2028, exhibiting a growth rate (CAGR) of 25.4% during 2023-2028.
More Info:- https://www.imarcgroup.com/machine-learning-chip-market
2. Report Description
About IMARC Group
The International Market Analysis Research and Consulting Group is a leading adviser on
management strategy and market research worldwide. We partner with clients in all sectors
and regions to identify their highest-value opportunities, address their most critical
challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological
developments for business leaders in pharmaceutical, industrial, and high technology
organizations. Market forecasts and industry analysis for biotechnology, advanced materials,
chemicals, food and beverage, travel and tourism, nanotechnology and novel processing
methods are at the top of the company’s expertise.
IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and
markets with close cooperation at all levels of the client organization. This ensures that our
clients achieve unmatchable competitive advantage, build more proficient organizations, and
secure lasting results.
3. Report Description
Report Description and Highlights
Global Machine Learning Chip Market Research Report:
The latest report by IMARC, titled “Machine Learning Chip Market: Global Industry Trends, Share,
Size, Growth, Opportunity and Forecast 2023-2028” " the global machine learning chip market size
reached US$ 7.8 Billion in 2022.
A machine learning (ML) chip is a microprocessor or integrated circuit (IC) designed to perform ML
tasks. It is optimized for the computational requirements of deep learning and other ML algorithms,
which involve processing a large amount of data and making complex calculations to identify patterns
and make predictions.
It comprises specialized hardware like tensor processing units (TPUs) that can accelerate the execution
of mathematical operations that are common in ML tasks. It assists in improving the performance area
results through ML, power, optimization, and analytics.
Request Free Sample Report: https://www.imarcgroup.com/machine-learning-chip-
market/requestsample
4. Report Description
Report Description and Highlights
Global Machine Learning Chip Market Trends:
ML chip finds application in the automotive industry to enhance the performance and safety of the vehicles. It is used
in driver assistance systems, including adaptive cruise control and lane departure warnings, to identify and respond
to changes in the environment, such as the presence of other vehicles and obstacles. This, coupled with the
increasing sales of autonomous and self-driving vehicles on account of rapid urbanization and inflating income levels,
represents one of the key factors augmenting the growth of the market around the world.
Moreover, the rising integration of ML chip with artificial intelligence (AI), big data, the internet of things (IoT), and
natural language processing (NLP) to provide better insights and more accurate predictions is contributing to the
market growth. Apart from this, the growing usage of ML chip in the e-commerce sector to improve customer
experience, increase sales, and optimize supply chain management is creating a positive outlook for the market. On
account of the aforementioned factors, the market is anticipated to reach a value of US$ 35.0 Billion by 2028,
exhibiting a CAGR of 25.4% during 2023-2028.
Looking forward, the market value is projected to reach a strong growth during the forecast period
(2023-2028).
5. Report Description
Report Description and Highlights
Market Summary:
Technology Insights:
• System-on-Chip (SoC)
• System-in-Package
• Multi-chip Module
• Others
Chip Type Insights:
• GPU
• ASIC
• FPGA
• CPU
• Others
Industry Vertical Insights:
• BFSI
• IT and Telecom
• Media and Advertising
• Retail
6. Report Description
Report Description and Highlights
• Healthcare
• Automotive
• Others
Regional Insights:
• North America
• United States
• Canada
• Asia-Pacific
• China
• Japan
• India
• South Korea
• Australia
• Indonesia
• Others
• Europe
• Germany
• France
• United Kingdom
7. Report Description
Report Description and Highlights
• Italy
• Spain
• Russia
• Others
• Latin America
• Brazil
• Mexico
• Others
• Middle East and Africa
8. Competitive Landscape with Key Players:
• Advanced Micro Devices Inc.
• Amazon Web Services Inc. (Amazon.com Inc.)
• Cerebras Inc.
• Google LLC
• Graphcore
• Intel Corporation
• International Business Machines Corporation
• NVIDIA Corporation
• Qualcomm Incorporated
• Samsung Electronics Co. Ltd.
• Taiwan Semiconductor Manufacturing Company Limited
View Full Report with TOC & List of Figure: https://www.imarcgroup.com/machine-learning-chip-
market
Report Description
Report Description and Highlights
9. A partial List of our Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
Partial List of Clients
10. A partial List of our Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
Partial List of Clients