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

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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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About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

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The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

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2026 Canton Fair Design Award Winners Showcase China’s Innovation Strength

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GUANGZHOU, China, Oct. 19, 2026 /PRNewswire/ — As the 140th Canton Fair opens, the winners of the 2026 Canton Fair Design Award (CF Award) have also been announced. Winning products are now on display in Area D of the Canton Fair Complex, offering visitors a closer look at some of the latest advances in Chinese manufacturing and industrial design.

Among this year’s top honorees, a domestically developed high-performance sport motorcycle and an intelligent navigation capsule robot gastric endoscopy system received the Best of the Best Award, the competition’s highest recognition.

The Canton Fair also enhanced the visitor experience with a themed showcase area within the award exhibition. Built around four application-oriented concepts, namely Outdoor Pleasure, Smart Living, Cozy Home and Kitchen Elegance, the immersive displays demonstrate how innovative designs can be integrated into everyday life, helping visitors better understand the practical value behind these award-winning products.

This year, 4,218 products from 2,112 companies competed for the award. Following multiple rounds of evaluation, 222 products from 174 companies were selected.

The award-winning products reflect several key trends shaping the next stage of Chinese manufacturing. Innovation remains a defining theme, with breakthrough technologies ranging from upper limb motor function assistance and enhancement system to exoskeleton robots, underscoring the growing momentum of high-end manufacturing.

Meanwhile, intelligent technologies continue to gain traction across industries. Smart products account for more than 30% of this year’s winners, with AI-powered glasses, intelligent conference terminals and smart healthcare devices extending AI applications across home, office, medical and outdoor environments.

Sustainability is also becoming increasingly embedded throughout the product lifecycle. Green products represent over 40% of the winning entries, while innovations such as integrated energy-saving panels and sugarcane paper demonstrate how environmentally conscious practices are being incorporated into product design, materials selection and manufacturing processes.

Established in 2013, the Canton Fair Design Award is widely regarded as a benchmark for design innovation in China’s foreign trade sector. The award recognizes products that combine design excellence with commercial value, promoting the transformation and upgrading of Chinese manufacturing and supporting high-quality trade development. Entries are evaluated across five dimensions: innovation, quality, functionality, aesthetics and sustainability.

For more convenient attendance, please click here for pre-registration:
https://buyer.cantonfair.org.cn/register/buyer/email?source_type=16

 

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SOURCE Canton Fair

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InstaMall Launches Same-Day Fashion Delivery Experience, Bringing 80+ Brands to Shoppers’ Doors in Miami

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First-of-its-kind shopping app pairs artificial intelligence with same-day delivery, bringing luxury
and contemporary brands directly to customers’ doorsteps 

Featured luxury and contemporary brands include AllSaints, John Varvatos and Aritzia

MIAMI, Oct. 19, 2026 /PRNewswire/ — InstaMall, a first-of-its-kind shopping app offering same-day delivery and access to real-time inventory across luxury and contemporary fashion, launches today in Miami, Florida. Now available via iOS and Android, InstaMall provides access to more than 80 contemporary and luxury fashion brands across Miami’s five premier retail clusters, including Balmain, Louis Vuitton, Bottega Veneta, Ganni, Coach, Diesel, Reformation, Aritzia, Cult Gaia, Prada and more. InstaMall will add more brands within the app in the coming weeks and seasons. 

Sitting at the intersection of fashion, technology and commerce, InstaMall brings inspiration and purchase together through a more dynamic way to discover and shop for fashion. The experience combines access to luxury and contemporary brands with the convenience of same-day delivery, bringing the speed customers have come to expect across categories like food and groceries to fashion while maintaining the brand experience retailers and shoppers expect.

Within the app, customers will have access to InstaMall’s AI-powered stylist and virtual try-on features, making it easier to browse, discover and shop styles online. InstaMall’s AI Stylist serves as an intelligent shopping assistant that responds to customers’ preferences in real time. Customers can use the AI Stylist to receive product recommendations, build outfits, ask questions and discover new styles, while its virtual try-on feature allows them to visualize select items on themselves before making a purchase.

“InstaMall was founded on the belief that the convenience customers have come to expect from same-day delivery should extend to the way they shop for fashion,” said Elliot Aboud, Founder and CEO of InstaMall. “As fashion and technology continue to evolve together, we saw an opportunity to create a more seamless shopping experience that brings customers closer to the brands they love, combining a curated assortment, AI-powered styling and virtual try-on with the ease and convenience of same-day delivery.”

Prior to founding InstaMall, Elliot Aboud helped build the Aroma360 and Hotel Collection brands, overseeing the launch of the first retail store and expanding the retail footprint to more than 30 stores across the United States and two in Dubai. InstaMall is bringing fashion and luxury to the next generation with its seamless shopping experience and wide selection of brands.

Customers can download InstaMall through the Apple App Store or Google Play, or by going to instamall.co.

About InstaMall 

InstaMall is a same-day fashion shopping and discovery app reimagining how consumers shop for luxury and contemporary brands. Sitting at the intersection of fashion, technology and commerce, InstaMall brings inspiration and purchase together in an experience that gives consumers a more dynamic way to discover and shop. Where on-demand delivery has long existed for categories like food and groceries, InstaMall brings that same convenience to luxury fashion for the first time, delivering the same day without compromising the brand experience fashion retailers and their customers expect. The company launched publicly in Miami on October 16, 2026, and plans to expand nationally. For more information, please visit instamall.co.

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PTC to Announce Fourth Fiscal Quarter and Full Year 2026 Results on Wednesday, November 4, 2026

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BOSTON, Oct. 19, 2026 /PRNewswire/ — PTC (NASDAQ: PTC) will release its fiscal 2026 fourth quarter and full year results on Wednesday, November 4th after the stock market closes. As previously announced on October 5th, 2026, PTC entered into a definitive agreement to be acquired by Schneider Electric. In light of the pending transaction, PTC is suspending quarterly earnings conference calls and is no longer providing quarterly or annual guidance.

The earnings press release and accompanying financial data tables will be accessible on the Investor Relations section of the company’s website at PTC Investor Relations.

About

PTC (NASDAQ: PTC) is a global software company that enables manufacturers and product companies to digitally transform how they design, manufacture, and service the physical products the world relies on. Headquartered in Boston, Massachusetts, PTC employs over 7,000 people and supports more than 30,000 customers globally. For more information, please visit www.ptc.com.

Investors

Michael Maguire
mmaguire@ptc.com
investor@ptc.com

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SOURCE PTC Inc.

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