Global AI Infrastructure Market Report 2023: Forecast Market Size, Growth Rate And Key Drivers
4 May, 2023
The global AI infrastructure market size is expected to grow from $33.66 billion in 2022 to $43.77 billion in 2023 at a compound annual growth rate (CAGR) of 30.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The AI infrastructure market size is expected to grow to $128.25 billion in 2027 at a CAGR of 30.8%.
Global AI Infrastructure Market Key Driver
The increase in data traffic and need for high computing power are expected to propel the growth of the AI infrastructure market going forward. Data traffic refers to the amount of data moving across a computer network at any given time. In contrast, "high computing power" refers to the ability of systems to process data and perform complex calculations at high speeds. HPC infrastructure helps AI models with storage, networking, and data processing to make AI projects work at scale by processing workloads quickly, significantly speeding up the training stage, and boosting the accuracy and reliability of AI models in minimum time.
Get a Sample of the global AI infrastructure market reportGlobal AI Infrastructure Market Segments
The global AI infrastructure market is segmented:
1) By Offerings: Hardware, Server Software
2) By Function: Training, Inference
3) By Technology: Machine Learning, Deep Learning
4) By Deployment Type: On-Premises, Cloud, Hybrid
5) By End User: Enterprises, Government Organizations, Cloud Service Providers
6) By Geography: The regions covered in the AI infrastructure market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. Among these regions, North America accounts for the largest share in the global AI infrastructure market.
Major AI Infrastructure Industry Players
Nvidia Corporation, Intel Corporation, Oracle Corporation, The Samsung Group, Micron Technology Inc., Advanced Micro Devices Inc., International Business Machines Corporation, Google LLC.
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AI Infrastructure Market Overview
AI infrastructure refers to IT infrastructure that is used to collect data from various systems and prepare for its analysis and it is used to predict outcomes, automate administrative tasks, and enhance working with software-defined infrastructure technologies. The AI infrastructure are used to access and manage the computing resources to test, train and deploy AI algorithms to manage machine learning workflow.
AI Infrastructure Global Market Report 2023 provides data on the global AI infrastructure market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The AI infrastructure market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.