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The global Artificial Intelligence (chipsets) Market is expected to be valued at USD 18.6 billion in 2023 and is projected to reach USD 64.5 billion by 2028, growing at a CAGR of 28.1%. AI chipsets are crucial in processing and analyzing vast amounts of data in real-time, enabling businesses to extract valuable insights and make data-driven decisions. However, the high costs associated with developing advanced AI (chipsets) pose a barrier to the growth of this market. Computer Vision is expected to hold the highest CAGR for the technology segment during the forecast period.
