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AI Chip Market to More than Double in 5 Years
By Sally Ward-Foxton, EETimes
September 9, 2019
The opportunity for AI accelerator chips is much-hyped, but how big is the market, and which companies are actually selling chips today?
Two new reports from ABI Research detail the state of play for today’s AI chipset market. EETimes spoke to the reports’ author, Principal Analyst Lian Jye Su, to gain some insight into which companies and technologies are making inroads into this potentially lucrative market.
AI in the Cloud
The first report, “Cloud AI Chipsets: Market Landscape and Vendor Positioning,” highlights how cloud AI inference and training services are growing rapidly. The resulting AI chipset market is expected to grow from US$4.2 billion in 2019 to US$10 billion in 2024. Nvidia and Intel, the current leaders in this space, are being challenged by companies including Cambricon Technologies, Graphcore, Habana Labs and Qualcomm.
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