Next-Gen Processing: AI Hardware Market Outlook 2033
The global AI hardware market reached USD 53.9 billion in 2023 and is projected to grow at a robust CAGR of 31.5%, reaching USD 833.4 billion by 2033. This surge reflects escalating demand for high-performance computing, driven by AI applications across sectors like healthcare, automotive, and finance. North America dominated in 2023 with a 35.2% market share (USD 18.9 billion), underscoring its technological and infrastructural lead.
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