AI Infrastructure Market to Reach to make $79.3 billion through 2026 - PowerPoint PPT Presentation

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AI Infrastructure Market to Reach to make $79.3 billion through 2026

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AI Infrastructure market is expected to grow from USD 23.7 billion in 2021 to USD 79.3 billion by 2026, at a CAGR of 27.3%. The market growth can be attributed to several factors, such as increased data traffic and need for high computing power, increasing adoption of cloud machine learning platform, increasingly large and complex dataset, rising focus on parallel computing in AI data centers, and growing number of cross-industry partnerships and collaborations. – PowerPoint PPT presentation

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Title: AI Infrastructure Market to Reach to make $79.3 billion through 2026


1
MarketsandMarkets Presents

AI Infrastructure Market to Reach to make 79.3
billion through 2026 AI Infrastructure Market
with COVID-19 Impact Analysis by Offering
(Hardware, Software), Technology (Machine
Learning, Deep Learning), Function (Training,
Inference), Deployment Type (On-Premises, Cloud),
End User, and Region - Global Forecast to
2026 https//www.marketsandmarkets.com/Market-Rep
orts/ai-infrastructure-market-38254348.html
2
According to the new market research
report "AI Infrastructure Market with COVID-19
Impact Analysis by Offering (Hardware, Software),
Technology (Machine Learning, Deep Learning),
Function (Training, Inference), Deployment Type
(On-Premises, Cloud), End User, and Region -
Global Forecast to 2026", published by
MarketsandMarkets, the AI Infrastructure market
is expected to grow from USD 23.7 billion in 2021
to USD 79.3 billion by 2026, at a CAGR of 27.3.
The market growth can be attributed to several
factors, such as increased data traffic and need
for high computing power, increasing adoption of
cloud machine learning platform, increasingly
large and complex dataset, rising focus on
parallel computing in AI data centers, and
growing number of cross-industry partnerships and
collaborations. Browse 169 market data Tables
and 60 Figres spread through 238 Pages and
in-depth TOC on "AI Infrastructure Market with
COVID-19 Impact Analysis - Global Forecast to
2026"
3
Hardware to account for the largest share of AI
infrastructure market in 2021 The hardware
segment is sub-segmented into a processor,
memory, storage, and networking (switches,
routers, and other equipment used to link servers
in the cloud and connect edge devices). NVIDIA
(US), Intel (US), Micron (US), Xilinx (US),
Google (US), Samsung (South Korea), and Graphcore
(UK) are a few of the companies that develop
hardware needed for AI. The increasing need for
hardware platforms with high computing power to
run various AI software is a key factor fueling
the growth of the AI infrastructure market. Ask
PDF Brochure https//www.marketsandmarkets.com/pd
fdownloadNew.asp?id38254348 Machine learning
technology held the largest share of AI
infrastructure market in 2020 Machine learning
enables systems to learn without being explicitly
programmed. This technology can reliably and
quickly scan, parse, and react to anomalies.
Machine learning enables systems to automatically
improve their performance with experiences.
Recently, AI and machine learning have been
widely adopted to tackle the COVID-19 crisis.
Several organizations are using machine learning
to scale up customer communications, understand
the spread of COVID-19, and help accelerate
research and treatment processes.
4
North America is leading the market for AI
infrastructure in 2020 North America accounts for
the largest share of the global AI infrastructure
market, and a similar trend is likely to continue
in the near future. The US and Canada are
expected to adopt AI-based servers at a high
rate. These countries are technologically
developed economies in North America owing to
their strong focus on investing in RD activities
for the development of new technologies. The US
is one of the leading countries in the world to
adopt AI technology.
5
COVID-19 Impact on the Global AI Infrastructure
Market The COVID-19 pandemic is an accelerator
for AI technology, helping people around the
world get more and more comfortable with
leveraging these tools for many applications,
including healthcare. The adoption of remote
patient monitoring, decoding genomic sequence for
drug development, healthcare chatbots, and
enhancement of CT scans using AI technology in
diagnosis is expected to gain momentum during and
after the COVID-19 pandemic. Post-COVID-19, the
manufacturing sector is expected to adopt smart
manufacturing processes using AI, IoT, and
blockchain technologies. Companies can reduce
costs, increase process efficiency, and reduce
human contact significantly by adopting these
technologies. Currently, AI is being used for
predictive maintenance and will further be
implemented to forecast demand and returns in the
supply chain. Request Free Sample
Pages https//www.marketsandmarkets.com/requestsa
mpleNew.asp?id38254348 Some of the key
companies operating in the market are Intel
Corporation (US), NVIDIA Corporation (US), IBM
(US), Xilinx (US), Advanced Micro Devices (AMD)
(US), Samsung Electronics (South Korea), Micron
Technology (US), Google (US), Microsoft (US),
Amazon Web Services (US) and so on.
6
About MarketsandMarkets MarketsandMarkets
provides quantified B2B research on 30,000 high
growth niche opportunities/threats which will
impact 70 to 80 of worldwide companies
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7
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Contact Mr. Aashish Mehra MarketsandMarkets
INC. 630 Dundee Road Suite 430 Northbrook, IL
60062 USA 1-888-600-6441 For More
Info https//www.marketsandmarkets.com/PressRelea
ses/ai-infrastructure.asp
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