AI Infrastructure Market Size Report, Industry Share, Analysis, Growth, Forecast, 2021 – 2028

AI Infrastructure Industry Prospective:

The global AI Infrastructure market accrued earnings worth approximately 21.7 (USD Billion) in 2020 and is predicted to gain revenue of about 82.1 (USD Billion) by 2028, is set to record a CAGR of nearly 28.1% over the period from 2021 to 2028.

The report offers an assessment and analysis of the AI Infrastructure market on a global and regional level. The study offers a comprehensive assessment of the market competition, constraints, revenue estimates, opportunities, evolving trends, and industry-validated data. The report provides historical data from 2018 to 2020 along with a forecast from 2021 to 2028 based on revenue (USD Billion).

AI Infrastructure Market: Overview

AI infrastructure includes each phase of the machine learning workflow. Apparently, it facilitates data scientists, software professionals, data engineers, and DevOps groups in accessing & effectively handling computer resources for monitoring, training, and installing AI algorithms.

Furthermore, AI infrastructure is those tools upon which firms can develop intelligent apps that are predictive, self-healing, and need minimum intervention from human beings. Utilization of AI infrastructure has facilitated accurate mapping of workload to virtual machine & server configuration. Additionally, AI infrastructure assists firms to focus on resource utility, threat determination, storage management, capacity planning, and anomaly detection.

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AI Infrastructure Market: Growth Drivers

The surging adoption of cloud machine learning tools in companies and the burgeoning popularity of AI hardware in high-performing computing data centers will steer the expansion of the AI infrastructure market over the forecast timespan. In addition to this, large-scale use of artificial intelligence in healthcare, BFSI, automotive, and tourism sectors will boost the expansion of the AI infrastructure industry over the forecast period.

Reduction in hardware costs and massive focus of firms on using parallel computing in AI data centers will aid the growth of the AI infrastructure market size in upcoming years. The escalating proportion of cross-industry alliances & collaborations will further steer the expansion of the AI infrastructure industry over 2021-2028. The surge in data traffic & requirement for high computing power will drive market trends.

Furthermore, the COVID-19 pandemic is projected to enhance the acceptance of AI systems in healthcare activities as the penetration of the latter will prominently surge in the healthcare industry in this pandemic situation, thereby scaling up AI infrastructure market growth.

Moreover, firms can decimate costs, enhance process efficiency, and minimize human contact through the use of AI tools. This, in turn, will proliferate market value over the assessment timeline. In addition to this, the large-scale use of AI in predictive maintenance processes will expand the scope of the AI infrastructure market over the assessment timeframe.

AI Infrastructure Market: Report Scope

AI Infrastructure Market: Regional Landscape

North America To Make Notable Contributions to Overall Market Size By 2028

The expansion of the AI infrastructure market in North America during the assessment period is owing to heavy investments by governments in the U.S. and Canada in developing novel technologies. The massive use of AI-based servers in Canada and the U.S. will create lucrative growth opportunities for the AI infrastructure industry in North America during the prognostic period. The strong presence of reputed industry players in the sub-continent will contribute majorly toward regional market size in the foreseeable future.

AI Infrastructure Market: Competitive Landscape

Key participants profiled in reports and leveraging industry growth include

• Micron Technology
• Advanced Micro Devices
• Samsung Electronics
• Amazon Web Services
• CISCO System
• NVIDIA Corporation
• Google LLC
• Microsoft Corporation
• IBM Corporation
• Intel Corporation
• Xilinx.

The global AI Infrastructure Market is segmented as follows:

By End-User

• Private Enterprises
• Cloud Solution Providers
• Government Firms

By Component

• Hardware
• Software

By Deployment Mode

• On-Premise
• Cloud

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa