Global Tensor Processing Unit Market Size & Outlook
Global tensor processing unit market, 2018-2030 (US$M)
Global tensor processing unit market highlights
- The global tensor processing unit market generated a revenue of USD 2,848.9 million in 2023 and is expected to reach USD 19,613.4 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 31.7% by 2030.
- In terms of segment, artificial intelligence and machine learning accounted for a revenue of USD 2,848.9 million in 2023.
- Artificial Intelligence and Machine Learning is the most lucrative application segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
Global data book summary
| Market revenue in 2023 | USD 2,848.9 million |
| Market revenue in 2030 | USD 19,613.4 million |
| Growth rate | 31.7% (CAGR from 2023 to 2030) |
| Largest segment | Artificial intelligence and machine learning |
| Fastest growing segment | Artificial Intelligence and Machine Learning |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Artificial Intelligence and Machine Learning |
Other key industry trends
- In terms of revenue, the North America accounted for 37.6% of the global tensor processing unit market in 2023.
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Tensor Processing Unit Market Scope
Tensor Processing Unit Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global tensor processing unit market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to tensor processing unit market will help companies and investors design strategic landscapes.
Artificial intelligence and machine learning was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Global tensor processing unit market based on artificial intelligence and machine learning covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Tensor Processing Unit Application Outlook (Revenue, USD Million, 2018-2030)
- Artificial Intelligence and Machine Learning
- High-Performance Computing
- Data Analytics
- Autonomous Systems
- Global Tensor Processing Unit Deployment Mode Outlook (Revenue, USD Million, 2018-2030)
- Cloud-Based
- On-Premises
- Global Tensor Processing Unit End Use Outlook (Revenue, USD Million, 2018-2030)
- IT & Telecom
- Healthcare
- Automotive
- Finance and Banking
- Retail and E-commerce
- Others
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Horizon Databook provides a detailed overview of global-level data and insights on the Global tensor processing unit market , including forecasts for subscribers. This global databook contains high-level insights into Global tensor processing unit market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global tensor processing unit market size, by regions, 2018-2030 (US$M)
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