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Report: Edge Computing for AI Will Drive Deep Learning Chipset Market to $66.3 Billion by 2025
According to a report released this week by research firm Tractica, the global market for deep learning chipsets will increase from its current size of $1.6 billion to $66.3 billion in 2026 -- or approximately 41 times its current size.
Edge computing (where, as Tractica puts it, "AI computation is done on the device") is expected to make up three-quarters of the total market opportunity, the company said in a summary of its report. The "balance" of the market will be in cloud and/or datacenter devices, but it cited mobile phones as a "major driver" of the edge market, along with industrial categories including "automotive, smart cameras, robots and drones."
According to Tractica, as for the actual chips, System on a Chip (SoC) accelerators will make up the largest area of that market in terms of volume, followed by application-specific integrated circuits (ASICs).
"In the past year, more than 60 companies of all sizes have announced some sort of deep learning chipset or intellectual property (IP) design," the summary of the report states. "Every prominent name in the technology industry has acknowledged the need for hardware acceleration of AI algorithms and the semiconductor industry has responded by offering a wide range of solutions."
"Tractica expects that 2019 and 2020 will be the years when a ramp-up in deep learning chipset volumes will take place and winners will begin to emerge," Principal Analyst Anand Joshi commented in a prepared statement.
More details on the report are available here.
About the Author
Becky Nagel is vice president of AI for 1105 Media, where she specializes in training internal and external customers on maximizing their business potential via a wide variety of generative AI technologies as well as developing cutting-edge AI content and events. She's the author of "ChatGPT Prompt 101 Guide for Business Uses," regularly leads research studies on generative AI business usage, and serves as the director of AI Boardroom, a new resource for C-level executives looking to excel in the AI era. Prior to her current position she was a technical leader for 1105 Media's Web, advertising and production teams as well as editorial director for a suite of enterprise technology publications, including serving as founding editor of PureAI.com. She has 20 years of enterprise technology journalism experience, and regularly speaks and writes about generative AI, AI, edge computing and other cutting-edge technologies. She can be reached at bnagel@1105media.com.