Market Research Report Store Artificial Intelligence (Chipsets) Market Expected

"Artificial Intelligence (Chipsets) Market Expected to be worth USD 16.06 billion by 2022, growing at a CAGR of 62.9% from 2016 to 2022" published in June 2017. It is a professional and in-depth study. Summary Market Research Report Store announces a new report"Artificial Intelligence (Chipsets) Market" added to its database.According to the new market research report on artificial intelligence, this market is expected to be worth USD 16.06 billion by 2022, growing at a CAGR of 62.9% from 2016 to 2022. The growth of the artificial intelligence market can be attributed to the growing application of artificial intelligence in various industries and the increasing adoption of AI for improving consumer service. However, the lack of availability of low-cost and energy-efficient hardware, especially high-speed computing hardware, is hindering the growth of AI market. Detailed TOC Of Report @ https://www.marketresearchreportstore.com/shop/artificial-intelligence-chipsets-market-by- technology-deep-learning-robotics-digital-personal-assistant-querying-method-natural-lan guage-processing-context-aware-processing-offering-end-us Ask a sample, click here [email protected] “Natural language processing is expected to grow at the highest rate from 2016 to 2022” The market for natural language processing (NLP) is expected to witness fastest CAGR from 2016 to 2022. The growing adoption of NLP in various applications such as AI-powered robots, smartphones, car-infotainment systems, navigation systems, and personal assistant systems, among others is largely driving its growth. Moreover, the deep learning technology is likely to grow at the second-highest CAGR from 2016 to 2022. The growing penetration of deep learning algorithms for myriad AI applications such as voice recognition, fraud detection, voice search, recommendation engines, sentiment analysis, image recognition, and motion detection, among others is mainly driving its market growth. “Artificial intelligence for the transportation and automotive sector held the largest market share in 2015” The artificial intelligence market for the transportation and automotive sector held the largest market share compared to other end-user industries in 2015. The use of various AI technologies such as machine learning, natural language processing, image processing, and speech recognition for self-driving cars and the development of human-machine interface systems would drive in the growth of this segment. “Artificial intelligence market in North America expected to grow at the highest rate”