Europe Tensor Processing Unit Market Size & Outlook
Europe tensor processing unit market, 2018-2030 (US$M)
Europe tensor processing unit market highlights
- The Europe tensor processing unit market generated a revenue of USD 691.3 million in 2023.
- The market is expected to grow at a CAGR of 32.4% from 2024 to 2030.
- In terms of segment, artificial intelligence and machine learning was the largest revenue generating application in 2023.
- Artificial Intelligence and Machine Learning is the most lucrative application segment registering the fastest growth during the forecast period.
Europe data book summary
| Market revenue in 2023 | USD 691.3 million |
| Market revenue in 2030 | USD 4,930.0 million |
| Growth rate | 32.4% (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, Europe region accounted for 24.3% of the global tensor processing unit market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 4,771.3 million by 2030.
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Tensor Processing Unit Market Scope
Tensor Processing Unit Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe 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 Europe tensor processing unit market based on artificial intelligence and machine learning covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of tensor processing unit market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe tensor processing unit market , including forecasts for subscribers. This continent databook contains high-level insights into Europe tensor processing unit market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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