Global Artificial Intelligence (AI) Market (2018-2025) Global Artificial Intelligence (AI) Market (2018-2 | Seite 2

The hardware segment includes chipsets, such as central processing
unit, graphics processing unit, application specific integrated circuit
as well as the field-programmable gate array. Apart from this, the
technological advancements, such as superior computing power,
parallel computation capabilities and more storage capacity in AI-
enabled hardware products are likely to drive the growth of this
segment. The hardware segment is expected to exhibit the highest
CAGR through 2025.
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“Surging demand for technologically advanced deep learning hardware
as well as cloud-based technology has further spurred growth of the AI
market, specifically, in the developed countries of Europe and North
America. “-GMI Research
In 2017, deep learning segment held the largest share in artificial
intelligence market, globally, due to its increased usage across
various industries, such as BFSI, automotive as well as media &
advertising. Further, in 2017, media & advertising segment held the
largest share in the indicated year and is predicted to grow at a
substantial rate during the forecast period owing to rising usage of
artificial intelligence solutions in various applications, such as ad
targeting, content creation, fraud prevention, predictive customer
service, consumer product recommendation, sales forecasting and
web/app personalization.
Presence of leading technology developers and early technology
adoption are few factors which are driving the AI market in North