Artificial Intelligence (AI) Chips Market in Communications Equipment Industry

The artificial intelligence (AI) chips market is expected to grow by USD 73.49 billion at over 51% CAGR during 2021-2025, according to the latest market research report by Technavio. The report provides a detailed analysis of the market by analyzing the impact of the COVID-19 pandemic on businesses. According to Technavio, the COVID-19 pandemic will have a positive impact on the growth of the artificial intelligence (AI) chips market. The report expects the market value to increase in 2021 as compared to 2020. Many businesses currently are going through response, recovery, and renewal phases.