Created by: MarketsandMarkets

Aug 2022

AI Infrastructure Market Size, Trends, Forecast (2022-2027)

AI Infrastructure Market Size, Trends, Forecast (2022-2027)

AI infrastructure market is projected to grow to USD 96.6 billion by 2027 from USD 28.7 billion in 2022, at a CAGR of 27.5% during the forecast period from 2022 to 2027.

Driver

Rising focus on parallel computing in AI data centers

AI Infrastructure Market Dynamics

Restraint

Lack of AI hardware experts and skilled workforce

Opportunity

Rising need for co-processors due to slowdown of Moore’s Law

Challenge

Concerns regarding data privacy in AI platforms

APAC accounted for the largest AI Infrastructure market share and highest growth rate

The market in Asia Pacific holds the largest market share and highest growth rate and is expected to retain its position during the forecast period. The high growth is due to the presence of most populous countries such as China and India.

Key Market Players

NVIDIA Corporation (US), Intel Corporation (US), Oracle Corporation (US), Samsung Electronics Co., Ltd. (South Korea), Micron Technology, Inc (US), Advanced Micro Devices, Inc. (US), International Business Machines (IBM) Corporation (US), Google LLC (US), Microsoft Corporation (US), Amazon Web Services, Inc. (US) , SK Hynix, Inc. (South Korea), MIPS (US), Toshiba Corporation (Japan), Imagination Technologies (UK)

In May 2022, Micron Technology, Inc. announced the upcoming availability of two new consumer storage products, the Crucial P3 Plus Gen4 NVMe and Crucial P3 NVMe solid-state drives (SSDs), as an expansion of its Crucial NVMe SSD product portfolio. The new Crucial P3 Plus SSD product line will deliver sequential read/write speeds up to 5000/4200 MB/s1, while next-generation Crucial P3 SSDs will provide read/write speeds up to 3500/3000 MB/s1.

In March 2022, NVIDIA Corporation announced its next-generation accelerated computing platform with NVIDIA Hopper architecture, to power the next wave of AI data centers and deliver an order of magnitude performance leap over its predecessor.
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