Lucintel Forecasts The Global Artificial Intelligence Infrastructure Market To Reach $124 Billion By 2030

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According to a market report by Lucintel, the future of the global artificial intelligence infrastructure market looks promising with opportunities in the enterprise, government organization, and cloud service provider markets. The global artificial intelligence infrastructure market is expected to reach an estimated $124 billion by 2030 from $34 billion in 2024 at a CAGR of 23.8% from 2024 to 2030. The major drivers for this market are increasing amount of data traffic, rising utilization of cloud-based machine learning platforms, and growing preference for connected smart devices.
A more than 150-page report to understand trends, opportunity and forecast in global artificial intelligence infrastructure market to 2030 by offering (hardware and software), technology (machine learning and deep learning), deployment type (on-premises, cloud, and hybrid), end use industry (enterprises, government organizations, and cloud service providers), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that hardware is expected to witness higher growth over the forecast period due to ...
... its significant use in various applications such as biometrics, robotic process automation, and machine learning.
Cloud service provider will remain the largest segment due to growing demand among organizations for these providers to offer advanced and affordable AI technology outsourcing.
Download sample by clicking on artificial intelligence infrastructure market.
APAC is expected to witness highest growth over the forecast period due to rapid digitalization, availability of robust AI infrastructure, and continuous expansion of 5G network and data centers in the region.
NVIDIA, Intel, Oracle, Samsung Electronics, Micron Technology, Advanced Micro Devices, IBM, Google, Microsoft, Amazon Web Services are the major suppliers in the artificial intelligence infrastructure market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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