Created by: MarketsandMarkets
Aug 2022
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
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
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.
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)