Artificial Intelligence (AI) Infrastructure Market Size, Share, Trends and Forecast by 2029
The persuasive Artificial Intelligence (AI) Infrastructure market research report makes available fluctuations in CAGR values during the forecast period of 2021-2028 for the market. This wide ranging market study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis. The competitive landscape section of the report emphasizes on understandable insight about the market share analysis of major industry players. The report offers all-encompassing study about production capacity, consumption, import and export for all the major regions across the world. What is more, businesses can gain insights into profit growth and sustainability programme with an influential Artificial Intelligence (AI) Infrastructure market report.
Global Artificial Intelligence (AI) Infrastructure Market was valued at USD 23.50 billion in 2021 and is expected to reach USD 422.55 billion by 2029, registering a CAGR of 43.50% during the forecast period of 2022-2029. Cloud account for the largest deployment type segment in the respective market owing to the increase in the number of data center providers and cloud companies. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
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Market Overview:
An Artificial Intelligence (AI) infrastructure refers to the technology that assists with machine learning (ML). The technology signifies the combination of machine learning and artificial intelligence solutions for development and deployment of scalable, reliable and specific data solutions. AI Infrastructure is known to key enable the whole machine learning process from start to finish.
COVID-19 Impact on Artificial Intelligence (AI) Infrastructure Market
The COVID-19 pandemic had a positive impact on the artificial intelligence (AI) infrastructure market. It helped millions of people globally in leveraging advanced tools for various applications, especially healthcare. Artificial intelligence (AI) infrastructure was highly useful for numerous medical applications such as decoding genomic sequence for drug development, enhancement of CT scans, remote patient monitoring, and healthcare chatbots, among others. The artificial intelligence (AI) infrastructure market is expected to witness high growth Post-COVID-19 due to the adoption of smart manufacturing processes using AI, blockchain and IoT technologies.
Recent Developments
Intel announced to launch a 3rd Gen Intel Xeon Scalable processor in April’2021. The processor provides a balanced architecture with built-in artificial intelligence, advanced security capabilities and crypto acceleration.
AMD announced the news regarding acquisition of Xilinx in April’2021. The acquisition will offer both companies complementary product portfolios and assist in capitalizing opportunities in the industry.
Some of the major players operating in artificial intelligence (AI) infrastructure market are
· Cisco (US)
· IBM (US)
· Intel Corporation (US)
· SAMSUNG (South Korea)
· Google (US)
· Microsoft (US)
· Micron Technology, Inc (US)
· NVIDIA Corporation (US)
· Oracle (US)
· Arm Limited (UK)
· Xilinx (US)
· Advanced Micro Devices, Inc (US)
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