AI Infrastructure Market to Reach $309.4 Billion, Globally, by 2031 at 29.8% CAGR: Allied Market Research – Yahoo Finance

Ability of AI-based technology to enable machines to automate complex tasks such as driving cars, holding conversations, and other things, growing demand for improving operational efficiency, and the rising cost of manual labor drive the global AI infrastructure market growth.
PORTLAND, Ore., Jan. 23, 2023 /PRNewswire/ — Allied Market Research published a report, titled, “AI Infrastructure Market by Component (Hardware, Software, Services), by Deployment Mode (On-Premise, Cloud, Hybrid), by Technology (Machine Learning, Deep Learning), by End-Users (Enterprises, Governments, Cloud Service Providers (CSPs)), by Application (AI Training, Inferencing, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031″ According to the report, the global AI infrastructure  industry generated $23.5 billion in 2021, and is estimated to reach $309.4 billion by 2031, witnessing a CAGR of 29.8% from 2022 to 2031. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chain, regional landscape, and competitive scenario.
Drivers, Restraints, and Opportunities
Ability of AI-based technology to enable machines to automate complex tasks such as driving cars, holding conversations, filtering e-mail, and other things, growing demand for improving operational efficiency, and the rising cost of manual labor drive the growth of the global AI infrastructure market. However, a lack of skilled professionals in the industry to develop, manage, and implement AI technology hampers the global market growth. On the other hand, increasing digital dependence and implementation of industry 4.0 trends present new growth opportunities for the global market in the coming years.
Download Sample Report at:
Covid-19 Scenario
The AI infrastructure market exhibited notable growth during the outbreak of the COVID-19 pandemic. This is due to the rise in need for artificial intelligence among enterprises to meet their customers’ needs and upsurge their revenue opportunity.
Many businesses invested in AI-based solutions to ease the increasing complexity of the IT needs of many businesses during the pandemic.
In addition, surge in investment in AI based technology by various private sectors such as healthcare and medical research to fight the pandemic propelled the growth of the market.
The machine learning segment to maintain its revenue dominance during the forecast period
Based on technology, the machine learning segment was the largest market in 2021, contributing to more than two-thirds of the global AI infrastructure market, and is expected to maintain its leadership status during the forecast period. This is because machine learning solutions are utilized to uncover numerous trends and patterns, assisting businesses in improving their decision-making capabilities. On the other hand, the deep learning segment is projected to witness the fastest CAGR of 33.3% from 2022 to 2031. This is because the deep learning technology has been instrumental in the discovery of exoplanets and novel drugs and the detection of diseases and subatomic particles and many more.
The enterprises segment to maintain its dominance during the forecast period
Based on end-users, the enterprises segment held the largest market share of more than three-fifths of the global AI infrastructure market in 2021 and is expected to maintain its dominance during the forecast period. This is because AI infrastructure solutions make it easier for enterprises to automate customer services and provide a personalized experience to customers. Furthermore, these technologies help business leaders make effective data-driven decisions. On the other hand, the cloud service providers (CSPs) segment is projected to witness the largest CAGR of 33.5% from 2022 to 2031. A solution for AI has been made available by the major cloud service providers. They built AI infrastructure by utilizing their considerable technological know-how and financial resources to offer cutting-edge solutions.
Purchase Inquiry:
The hardware segment to garner the largest revenue during the forecast period
Based on component, the hardware segment was the largest market in 2021, contributing to more than half of the global AI infrastructure market, and is expected to maintain its leadership status during the forecast period. This is because advances in hardware technologies are enabling AI to transform industries worldwide, from financial services to manufacturing, healthcare, and many others. On the other hand, the services segment is projected to witness the fastest CAGR of 33.8% from 2022 to 2031. This is because the adoption of AI infrastructure services enhances software implementation, maximizes the value of existing installation by optimizing it, and minimizes the deployment cost & risks, and others.
Asia-Pacific to achieve a progressive growth by 2031
Based on region, North America was the largest market in 2021, capturing more than one-third of the global AI infrastructure market, owing to high concentration of artificial intelligence solution vendors in the region.  However, the market in Asia-Pacific is expected to lead in terms of revenue and manifest the fastest CAGR of 36.0% during the forecast period. This is due to the ongoing rapid digital transformation trends in this region.
Leading Market Players
NVIDIA Corporation
Microsoft Corporation
Alphabet Inc.
Intel Corporation
Toshiba Corporation
Micron Technology, Inc., Inc.
Oracle Corporation
Samsung Electronics Co., Ltd.
IBM Corporation
Buy this Report at:
Trending Reports in ICT & Media Industry (Book Now with 10% Discount):
AI Orchestration Market Expected to Reach $35.2 Billion by 2031
AI Powered Storage Market Expected to Reach $162.5 Billion by 2031
Artificial Intelligence in Construction Market Expected to Reach $8.6 Billion by 2031
AI in Oil and Gas Market Expected to Reach $7.99 Billion by 2031
About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
Follow Us on Blog:
Logo –
View original content:
SOURCE Allied Market Research
Aligos Therapeutics, Inc. ( NASDAQ:ALGS ) shareholders will doubtless be very grateful to see the share price up 126…
Dutch insurer ASR will consider a sale of its banking arm after completing its acquisition of rival Aegon's domestic operations, a source close to the matter told Reuters. ASR anounced in October that it would buy the bulk of Aegon's business in the Netherlands, including its local insurance activities and credit subsidiary Aegon Bank, with the deal expected to close in the second half of this year. The lending business, however, is likely to be put up for sale, given ASR's previous stance on banking operations, the source said on condition of anonymity because the discussions are private.
Wall Street closed sharply higher on Monday, fueled by surging technology stocks as investors began an earnings-heavy week with a renewed enthusiasm for market-leading momentum stocks that were battered last year. All three major stock indexes extended Friday's gains, with the tech-heavy Nasdaq leading the pack, boosted by semiconductor shares. The session marks a calm before the storm in a week jam-packed with high profile earnings reports and back-end loaded with crucial economic data.
(Bloomberg) — US semiconductor stocks extended gains as Barclays Capital Inc. analysts upgraded ratings on Advanced Micro Devices Inc., Qualcomm Inc. and Seagate Technology Holdings, saying they don’t expect the sector to revisit multi-year lows reached three months ago. Most Read from BloombergCitadel’s $16 Billion Win Tops Paulson’s Greatest Trade EverHow Apple’s Upcoming Mixed-Reality Headset Will WorkUS Confronts China Over Companies’ Ties to Russian War EffortWhat The Heck Is Happening Wit
Honda Motor Co Ltd (NYSE: HMC) has signed a collaboration agreement with GS Yuasa International Ltd. for a high-capacity, high-output lithium-ion battery. The financial terms of the arrangement were not disclosed. The two companies will discuss specifics with the goal of establishing a joint venture company by the end of 2023. The collaboration will aim for battery production methods that are competitive and also establish a supply chain for key raw materials. The JV will include the establishme
By Lisa Thompson NASDAQ:GROM Fresh off a December $5.0 million capital raise and reverse split in December, Grom Social Enterprises (NASDAQ:GROM) is poised to capitalize on a number of promising initiatives over the next several months. The company now has 3.2 million in fully diluted shares and trades at a market capitalization of $5.5 million. It has approximately $4 million in cash after its
Volkswagen AG's (OTC: VWAGY) energy and charging division is reportedly exploring a possible listing. The energy and charging business division, like its battery business PowerCo, is preparing for a listing as part of a training schedule by the CEO Oliver Blume, Reuters reported. The plan was to secure the long-term structure of the business, the report quoted the division's chief Elke Temme. Also Read: Google, Porsche Trying To Seal Deal For App Access The results of the training, called, 'virt
Verizon returned to positive subscriber growth in its consumer postpaid phone business for the fourth quarter, but its full-year earnings outlook came in light.
Investors are especially charged up about fuel cell specialist Plug Power (NASDAQ: PLUG) though. As of 11:14 a.m. ET, shares of Plug Power are up 7.8%. Investors are particularly interested in the announcement since Plug Power and Nikola inked a hydrogen supply agreement in December.
The Oracle of Omaha never saw a future in cryptocurrency.
Strong demand for its jet engines and power equipment lifted General Electric to a quarterly profit and higher revenue than a year ago.
Hamilton Reiner co-manages the $18.7 billion JPMorgan Equity Premium Income ETF and explains his strategy
While the big-name stocks may get the attention and the headlines, they’re not the only game in town. And sometimes, the market giants aren’t even the best place to turn for solid returns on that initial investment. There are small- to mid-cap stocks in the market that can present an unbeatable combination for income-minded investors: share appreciation and high-yielding dividend returns. These stocks, however, can go undercover, slipping under investors’ radar, for numerous reasons, everything
What can we say about 2023? We’ve just come off a truly challenging year, with a difficult bearish trend pushing stocks down across the board, especially in the tech sector. In this environment, transparency – the ability to see beneath appearances – has grown more important than ever. Cathie Wood, founder of the ARK Invest funds and a long-time booster of technology stocks, describes the current economic conditions as a crisis. According to Wood, we’re in a moment of declining money supply, det
In this article, we will take a look at the 15 biggest natural gas pipeline companies in the world. If you want to see more companies in this selection, go to the 5 Biggest Natural Gas Pipeline Companies in the World. In the past five decades, the consumption of energy globally has increased by over […]
Several laid-off Google employees took to social media to share their anger and bewilderment about losing their jobs.
In this article, we discuss 11 most undervalued natural gas stocks to buy according to hedge funds. If you want to see more stocks in this selection, check out 5 Most Undervalued Natural Gas Stocks To Buy According To Hedge Funds. In 2022, the oil and gas industry experienced exceptional financial success, resulting in a […]
Fisker Inc. ( NYSE:FSR ) is possibly approaching a major achievement in its business, so we would like to shine some…
Wall Street analysts are turning more positive on semiconductor stocks as some segments heat up, including graphics chips for AI.
Yahoo Finance Live anchors discuss the earnings expectations for tech companies like Microsoft and Tesla.


Must Read

Leave a Comment

Your email address will not be published. Required fields are marked *