Global Neural Processor Market to Reach $0.7 Billion by 2030, Driven by AI Adoption and Machine Learning Acceptance
The global neural processor market is set to witness significant growth, with a projected compound annual growth rate (CAGR) of 18.9% from 2024 to 2030.
- The global neural processor market is set to witness significant growth, with a projected compound annual growth rate (CAGR) of 18.9% from 2024 to 2030.
- Major factors propelling this advancement include the rapid adoption of Artificial Intelligence (AI) to minimize operating expenses and improve customer services, alongside a growing acceptance of machine learning techniques driving industry transformation.
- The integration of neural processors in diverse applications from fraud detection to financial forecasting and image optimization is further expected to bolster market growth.
- The region is also experiencing a notable rise in deep learning popularity, triggering a surge of investment into machine learning and AI infrastructure development.