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The Latin America, Middle East and Africa Artificial Intelligence Chip Market would witness market growth of 58.2% CAGR during the forecast period (2017-2023). Artificial Intelligence is a fast-evolving technology and industry leaders are investing into the technology to gain higher market share within a competitive market space. The AI systems consist of software and also require high-end hardware functionality to support calculations. Therefore, market participants are working on building custom chips, designed to support AI development. Within the healthcare sector, artificial intelligence is incorporated for disease management, diagnosis & treatment, clinical trials, and to manage reimbursement processes. Cloud based AI deployment can be major opportunity during the forecast period. Within the retail sector, AI is used in promotions, offer personalized user experience, and decision-making processes. Anticipating customer needs has significantly influenced the retail sector over the last few years.
Based on Technology, the market report segments the market into FPGA, ASIC, CPU, and GPU. Based on Vertical, the market report segments the market into BFSI, Government, Retail & Ecommerce, Automotive, Media & Entertainment, and Others. Based on Countries, the Artificial Intelligence Chip market segments the market into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of Latin America, Middle East and Africa. The market research report covers the analysis of key stake holders of the Artificial Intelligence Chip Market.
Key companies profiled in the report include Google, Inc., Advanced Micro Devices, Inc., Intel Corporation, Nvidia Corporation, Baidu, Inc., Graphcore Ltd., Qualcomm Incorporated, Adapteva, Inc., Microsoft Corporation, and IBM Corporation.