The Europe AI Infrastructure Market would witness market growth of 23.9% CAGR during the forecast period (2022-2028).
A single AI solution can be purchased, emerging hardware can be repurposed to support multiple AI solutions, a larger platform can be built to support numerous AI solutions, and AI solution delivery can be outsourced, for example, in order to collate and annotate data sources, scale processing, or create and fine-tune models. Therefore, infrastructure is crucial to the development of the AI landscape.
The market is flooded with companies selling AI infrastructure-related products that help businesses make the most of their AI infrastructure. For example, Graphcore, a manufacturer of the Intelligence Processing Unit (IPU) for advanced AI compute, and Spell, the pioneer in implementing AI for machine vision, natural language processing (NLP), and speech recognition applications, have declared a partnership to produce the next generation of AI infrastructure.
The large amounts of environmental data generated by the EU's EO programmes, including Copernicus and New Space, present numerous opportunities for AI systems, including more effective, efficient, and timely tracking of environmental impacts as well as trends, recognition of patterns in the data to reveal new insights in the knowledge of main drivers and environmental impacts, and bolstering predictive ability related to complicated connections in the geo- and biosphere.
The Germany market dominated the Europe AI Infrastructure Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $7,832.9 million by 2028.The UK market is anticipated to grow at a CAGR of 22.8% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 24.8% during (2022 - 2028).
Based on Offering, the market is segmented into Hardware and Server Software. Based on End User, the market is segmented into Cloud Service Providers, Enterprises and Government Organizations. Based on Deployment Type, the market is segmented into On-premise, Hybrid and Cloud. Based on Function, the market is segmented into Inference and Training. Based on Technology, the market is segmented into Machine Learning and Deep Learning. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global AI Infrastructure Market will Hit $122.8 Billion by 2028, at a CAGR of 24.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Oracle Corporation, Intel Corporation, Samsung Electronics Co., Ltd. (Samsung Group), IBM Corporation, Google LLC, Amazon Web Services, Inc. (Amazon.com, Inc.), Hewlett-Packard Enterprise Company, Cisco Systems, Inc., Dell Technologies, Inc., and Toshiba Corporation.
By Offering
By End User
By Deployment Type
By Function
By Technology
By Country
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