The increasing demand for machine learning applications in various sectors such as automotive, finance, and retail is fueling the widespread adoption of AI technology. Notably, AI chipsets have gained significant prominence in the automotive industry, with a strong focus on achieving Level 5 (L5) autonomous driving technology. The development of AI-driven chipsets is a key enabler of driverless cars, marking a significant milestone in the automotive sector within the artificial intelligence (AI) chipset market.
According to SkyQuest, the Artificial intelligence (AI) chipset market’s growth has been significantly accelerated by technological advancements and the ubiquitous presence of smart devices in our daily lives. A critical factor in this evolution is the emergence and development of AI chipsets designed to execute complex mathematical computations and algorithms with remarkable efficiency. Global Artificial Intelligence (AI) Chipset Market set to grow to USD 261.5 Billion by 2030.
A noteworthy trend in the industry is the substantial growth of the edge computing segment. This growth is driven by the compelling need for AI-powered devices that can operate autonomously without continuous reliance on cloud connectivity. This shift towards edge computing signifies a fundamental evolution in the deployment of AI technologies within the artificial intelligence (AI) chipset market.
