Technology

AI Infrastructure Market worth $394.46 billion by 2030 – Exclusive Report by MarketsandMarkets™

Published

1 year ago

December 2, 2024

DELRAY BEACH, Fla., Dec. 2, 2024 /PRNewswire/ — The AI Infrastructure market is expected to grow from USD 135.81 billion in 2024 and is estimated to reach USD 394.46 billion by 2030; it is expected to grow at a Compound Annual Growth Rate (CAGR) of 19.4% from 2024 to 2030 according to a new report by MarketsandMarkets™. Market growth in AI Infrastructure is primarily driven by NVIDIA’s Blackwell GPU architecture offering unprecedented performance gains, which catalyzes enterprise AI adoption. The proliferation of big data, advancements in computing hardware including interconnects, GPUs, and ASICs, and the rise of cloud computing further accelerate the demand. Additionally, investments in AI research and development, combined with government initiatives supporting AI adoption, play a significant role in driving the growth of the AI infrastructure market.

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Browse in-depth TOC on “AI Infrastructure Market”
242 – Tables
86 – Figures
339 – Pages

AI Infrastructure Market Report Scope:

Report Coverage

Details

Market Revenue in 2024

$ 135.81 billion

Estimated Value by 2030

$ 394.46 billion

Growth Rate

Poised to grow at a CAGR of 19.4%

Market Size Available for

2020–2030

Forecast Period

2024–2030

Forecast Units

Value (USD Million/Billion)

Report Coverage

Revenue Forecast, Competitive Landscape, Growth Factors, and Trends

Segments Covered

By Offerings, Memory, Network, Function, Deployment and Region

Geographies Covered

North America, Europe, Asia Pacific, and Rest of World

Key Market Challenge

Maintaining data security and integrity in distributed AI systems

Key Market Opportunities

Rise of AI-as-a-Service platforms

Key Market Drivers

Rising demand for high-performance computing in AI workloads

By offerings, network segment is projected to grow at a high CAGR of AI infrastructure market during the forecast period.

Network is a crucial element in the AI Infrastructure. It is used for the effective flow of data through the processing unit, storage devices, and interconnecting systems. In AI-driven environments where voluminous data has to be processed, shared, and analyzed in real time, a high-performance, scalable, and reliable network is needed. Without an efficient network, AI systems would struggle to meet the performance requirements of complex applications such as deep learning, real-time decision-making, and autonomous systems. The network segment includes NIC/ network adapters and interconnects. The growing need for low-latency data transfer in AI-driven environments drives the growth of the NIC segment. NICs and network adapters enable AI systems to process large datasets in real-time, thus providing much faster training and inference of the models. For example, Intel Corporation (US) unveiled Gaudi 3 accelerator for enterprise AI in April 2024, that supports ethernet networking. It allows scalability for enterprises supporting training, inference, and fine-tuning. The company also introduced AI-optimized ethernet solutions that include AI NIC and AI connectivity chips through the Ultra Ethernet Consortium. Such developments by leading companies for NIC and network adapters will drive the demand for AI infrastructure.

By function, Inference segment will account for the highest CAGR during the forecast period.

The AI infrastructure market for inference functions is projected to grow at a high CAGR during the forecast period, due to the widespread deployment of trained AI models across various industries for real-time decision-making and predictions. Inference infrastructure is now in higher demand, with most organizations transitioning from the development phase to the actual implementation of AI solutions. This growth is driven by the adoption of AI-powered applications in autonomous vehicles, facial recognition, natural language processing, and recommendation systems, where rapid and continuous inference processing is important for the operational effectiveness of the application. Organizations are investing heavily in support of inference infrastructure in deploying AI models at scale to optimize operational costs and performance. For example, in August 2024 Cerebras (US) released the fastest inference solution, Cerebras Inference. It is 20 times faster than GPU-based solutions that NVIDIA Corporation (US) offers for hyperscale clouds. The quicker inference solutions allow the developers to build more developed AI applications requiring complex and real-time performance of tasks. The shift toward more efficient inference hardware, including specialized processors and accelerators, has made AI implementation more cost-effective and accessible to a broader range of businesses, driving AI infrastructure demand in the market.

By deployment- hybrid segment in AI infrastructure market will account for the high CAGR in 2024-2030.

The hybrid segment will grow at a high rate, due to the need for flexible deployment strategies of AI that caters to various aspects of businesses, especially sectors dealing with sensitive information and require high-performance AI. hybrid infrastructure allows enterprises to maintain data control and compliance for critical workloads on-premises while offloading tasks that are less sensitive or computationally intensive to the cloud. For example, in February 2024, IBM (US) introduced the IBM Power Virtual Server that offers a scalable, secure platform especially designed to run AI and advanced workloads. With the possibility to extend seamless on-premises environments to the cloud, IBM’s solution addresses the increasing need for hybrid AI infrastructure combining the reliability of on-premises systems with the agility of cloud resources. In December 2023, Lenovo (China) launched the ThinkAgile hybrid cloud platform and the ThinkSystem servers, which are powered by the Intel Xeon Scalable Processors. Lenovo’s solutions give better compute power and faster memory to enhance the potential of AI for businesses, both in the cloud and on-premises. With such innovations, the hybrid AI infrastructure market will witness high growth as enterprises find solutions that best suit flexibility, security, and cost-effectiveness in an increasingly data-driven world.

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North America region will hold highest share in the AI Infrastructure industry.

North America is projected to account for the largest market share during the forecast period. The growth in this region is majorly driven by the strong presence of leading technology companies and cloud providers, such as NVIDIA Corporation (US), Intel Corporation (US), Oracle Corporation (US), Micron Technology, Inc (US), Google (US), and IBM (US) which are heavily investing in AI infrastructure. Such companies are constructing state-of-the-art data centers with AI processors, GPUs, and other necessary hardware to meet the increasing demand for AI applications across industries. The governments in this region are also emphasizing projects to establish AI infrastructure. For instance, in September 2023, the US Department of State announced initiatives for the advancement of AI partnering with eight companies, including Google (US), Amazon (US), Anthropic PBC (US), Microsoft (US), Meta (US), NVIDIA Corporation (US), IBM (US) and OpenAI (US). They plan to invest over USD 100 million for enhancing the infrastructure needed to deploy AI, particularly in cloud computing, data centers, and AI hardware. Such innovations will boost the AI infrastructure in North America by fostering innovation and collaboration between the public and private sectors.

Key Players

Key companies operating in the AI infrastructure companies are NVIDIA Corporation (US), Advanced Micro Devices, Inc. (US), SK HYNIX INC. (South Korea), SAMSUNG (South Korea), Micron Technology, Inc. (US), Intel Corporation (US), Google (US), Amazon Web Services, Inc. (US), Tesla (US), Microsoft (US), Meta (US), Graphcore (UK), Groq, Inc. (US), Shanghai BiRen Technology Co., Ltd. (China), Cerebras (US), among others.

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Technology

Haloid Solutions Expands Access to Radio Equipment by Offering Flexible Financing and Leasing Solutions Named HaloidFLEX

Published

1 hour ago

April 18, 2026

NEW YORK, April 18, 2026 /PRNewswire/ — As part of Haloid Solutions’ long-term commitment to helping businesses and municipalities acquire critical communications equipment despite budgetary constraints, Haloid now offers specialized financing and leasing programs through its HaloidFLEX program.

Designed to ensure that companies and governments have the equipment they need without costly capital expenditures outlays, HaloidFLEX offers financing for equipment purchased directly from manufacturers or local radio dealers. HaloidFLEX financing offers zero percent and low-interest options as well as predictable monthly payments for qualified buyers. HaloidFLEX clients can even opt to incorporate extended support services and protections into their financing to prepare for accidents, theft, or equipment losses. This gives companies peace of mind with one low monthly payment.

For organizations that don’t want or need to own equipment long-term, the HaloidFLEX leasing program offers similar benefits with potential tax advantages. Companies can lease brand new equipment and upgrade or return it at lease-end as needed. For companies seeking flexible options – or those that are interested in upgrading to the latest technology as it becomes available – leasing makes perfect sense.

One of the added benefits of each program is that HaloidFLEX allows clients to bundle services and protections that would normally be billed separately. Accidental damage, theft, and loss protections can be put in place, so that there’s never a lapse in communication if a radio fails. Extended warranties are also available upon request, so companies can customize their financing and protection to fit their budget and safeguard their equipment simultaneously.

According to a Haloid Solutions spokesperson, “Bundling expenses simply makes sense. It reduces the need for multiple policies and flexes with organizations to ensure critical communication equipment is available when needed while guaranteeing that the company’s investment is protected for the life of the equipment.”

HaloidFLEX financing and leasing programs are available to qualified businesses and municipalities nationwide. To learn more or request a customized quote, visit HaloidSolutions.com.

About Haloid Solutions

Haloid Solutions is the go-to resource for U.S. businesses and municipalities in search of financing and leasing for two-way radios, walkie talkies, communications equipment, accessories, and services. Focused on reliability, affordability, and performance, Haloid strives to equip professionals in all communication-based industries with the resources they need most.

For more information about Haloid Solutions, or details about the HaloidFLEX financing or leasing programs, please visit https://haloidsolutions.com/collections/lmr-radio-financing-and-leasing-and-subscription-low-cost-payment-options-for-2-way-radio-equipment or contact us on our website.

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Technology

CAS Holdings Appoints Patrick McDermott as Chief Executive Officer

Published

2 hours ago

April 18, 2026

Leadership Transition Positions CAS Holdings for Continued Growth and Customer-Focused Innovation

FRANKLIN, Mass., April 18, 2026 /PRNewswire/ — CAS Holdings, a leader in industrial automation distribution, engineering, and integration, is pleased to announce that Patrick McDermott has been named Chief Executive Officer.

McDermott previously served as President and Chief Revenue Officer, where he played a key role in driving growth across the organization, strengthening customer relationships, and leading teams with a clear focus on execution and results.

In his new role as CEO, McDermott will lead CAS Holdings into its next phase of growth, building on the company’s strong foundation and continued commitment to delivering value to customers, partners, and employees.

“I’m honored to step into the role of CEO at CAS Holdings,” said McDermott. “Over the past year, I’ve had the opportunity to work alongside an incredible team, support our customers, and help drive the growth of our organization. I’m excited to build on that momentum as we move into our next chapter.”

CAS Holdings, through its divisions including iAutomation and RND Automation, delivers a full spectrum of industrial automation solutions – from product distribution and technical support to custom machine building and system integration. Serving OEM machine builders and end-users, the company brings deep expertise in motion control, robotics, and vision, along with value-added capabilities such as kitting, sub-assembly, panel building, and turnkey automation systems, acting as an extension of its customers’ engineering and production teams.

McDermott’s leadership will focus on advancing CAS Holdings’ strategic initiatives, strengthening its market position, and continuing to deliver innovative automation solutions that support customers across a wide range of industries.

“We have a strong foundation, a talented team, and a clear direction. I’m looking forward to what we’ll accomplish together,” McDermott said. “Our focus remains on supporting our customers with responsive, local expertise, strong supplier partnerships, and the engineering and production capabilities they rely on to keep their operations running and growing.”

About Complete Automation Solutions Holdings

Complete Automation Solutions Holdings (CAS Holdings) is dedicated to empowering industrial automation companies, including those in the packaging industry, to achieve optimal efficiency and success. With a diverse portfolio encompassing industrial distribution, panel building and assembly, system integration, and robotics, CAS Holdings provides comprehensive packaging machines and solutions tailored to meet industry needs. The company prioritizes strong partnerships, expert engineering, and innovative solutions, ensuring sustainable practices and continuous improvement. CAS Holdings envisions a future where its transformative automation solutions redefine industry standards and drive growth. Committed to transparency and collaboration, CAS Holdings aims to be the most trusted partner in the automation sector.

Press Contact:

Erika Jacques
508-838-8012
http://www.iautomation.com/

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SOURCE CAS Holdings, Inc.

Technology

Vipboss Marks Earth Day with Renewed Commitment to Green Energy Solutions

Published

3 hours ago

April 18, 2026

NEW YORK, April 18, 2026 /PRNewswire/ — As Earth Day draws global attention to environmental responsibility, Vipboss, a specialist manufacturer and developer of lithium iron phosphate (LiFePO4) battery packs for energy storage and mobility applications, is underscoring its long‑term commitment to sustainable energy practices through its Environmental Advocacy. This advocacy is devoid of ornate language; its inspiration stems from the brand’s unwavering conviction in LiFePO4 batteries as a green energy solution. To align this message with practical action, the brand is also running a themed sales campaign on its official website during April 18th to 30th. It highlights how practical product solutions, rather than abstract concepts, can support cleaner energy use in everyday life.

Across the world, energy consumption patterns are undergoing rapid change. Households, outdoor users, and light‑mobility sectors are increasingly seeking energy systems that are safe, sustainable, and low‑emission. Within this shift, LiFePO4 batteries have emerged as a preferred technology for clean‑energy applications. Their long service life, high safety profile, and absence of cobalt, which is an element associated with higher environmental and ethical risks, position them as a responsible choice in the global transition toward greener power.

LiFePO4 technology forms the foundation of Vipboss’s approach to sustainable energy. Its extended cycle life reduces the frequency of battery replacement, lowering resource consumption and easing the environmental burden associated with disposal. The material’s inherent stability also minimizes the risk of thermal runaway, offering a safer experience in homes, recreational vehicles, and public environments. In practical use cases such as home backup systems, RV travel, and golf‑course operations, LiFePO4 batteries deliver efficient storage and stable output, helping reduce reliance on fossil‑fuel‑based energy sources and supporting lower‑carbon lifestyles.

Vipboss’s environmental advocacy extends beyond the technical advantages of its products. The brand promotes responsible energy use as an integral part of sustainable living, emphasizing that product design and informed application must work together to achieve meaningful environmental outcomes. As a provider of energy solutions for home, travel, and leisure scenarios, Vipboss continues to participate in the long‑term process of green transformation through ongoing technological refinement and product evolution.

Earth Day serves as a reminder that lasting environmental impact is built through small, consistent actions. Looking ahead, Vipboss will continue advancing safer, more durable, and more efficient energy products that support individuals and families in adopting more sustainable energy habits. Through these efforts, the brand aims to contribute enduring value to the wider adoption of clean energy and the collective pursuit of a more sustainable future.

About Vipboss

Vipboss is a specialist in the lithium battery industry, focusing on the research, production, and manufacturing of lithium iron phosphate (LiFePO4) battery packs. The company is committed to advancing battery technology with an emphasis on reliable performance, safety, and extended service life. Its mission is to deliver safe, efficient, and environmentally responsible energy solutions that contribute to a cleaner, more sustainable future.

For more information, please visit: https://vipbosspower.com/.

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SOURCE Vipboss