Report Ocean has released a research study titled “Artificial Intelligence (AI) Hardware Market” which offers precise economic forecasts, global assessments, and country-level insights. The study explores the current market status, anticipated future growth, technological advancements, investment opportunities, market economics, and financial data. It is valued at approximately USD 9.8 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 37.5% over the forecast period 2020-2027. Factors such as the rise in demand for big data and analytics, technological development in AI hardware, and the high adoption of AI hardware in banking and IT & Telecom are responsible for the CAGR of the market during the forecast period.
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