Study Period | 2019-2032 |
Base Year | 2023 |
Forcast Year | 2023-2032 |
CAGR | 7.46 |
AI (Artificial Intelligence) Chip Market Analysis Report 2023-2032:
The AI Chip Market is poised for substantial growth, projected to exhibit a Compound Annual Growth Rate (CAGR) of 7.82% from 2022 to 2032. The market's value is anticipated to surge by USD 23,654.78 million over this period. Several factors are expected to fuel this growth, including the rapid proliferation of AI-powered applications, the integration of AI into diverse industries, and the increasing demand for efficient processing solutions to handle complex AI workloads. AI chips are specialized hardware components designed to accelerate artificial intelligence computations, enabling devices and systems to execute intricate tasks and decision-making processes locally. These chips encompass various components like processors, accelerators, and memory units, optimized for high-speed data processing required in AI applications. The evolution of AI chips contributes significantly to enhancing the performance and efficiency of AI-enabled devices and systems, thereby driving advancements in AI adoption and technology.
AI Chip Market Overview:
AI Chip Market Segmentation By Application:
The healthcare sector is poised to experience remarkable growth within the AI chip market during the forecast period. AI chips' computational prowess enhances medical imaging, diagnostics, drug discovery, and personalized treatment planning. AI-powered applications like image analysis, disease detection, and predictive analytics require rapid and accurate data processing, making AI chips indispensable for healthcare providers. These chips accelerate AI algorithms, enabling doctors to make quicker and more informed decisions based on AI-generated insights, thus transforming patient care and medical research.
AI Chip Market Segmentation By Type:
The demand for specialized Neural Processing Units (NPUs) is driving the growth of the AI chip market's NPU segment. NPUs are custom-designed AI accelerators optimized for tasks like deep learning and neural network processing. The exponential growth of AI applications necessitates chips capable of efficiently handling the vast calculations required for deep learning tasks. NPUs offer remarkable performance improvements by offloading AI computations from general-purpose processors, resulting in faster and more energy-efficient AI processing. The proliferation of AI-driven services, such as virtual assistants, recommendation systems, and autonomous vehicles, fuels the need for NPUs, driving the demand for this chip type.
North America is anticipated to account for a significant share of the global AI chip market, contributing approximately 38% of the market growth during the forecast period. The region's dominance can be attributed to its established tech industry ecosystem, including major AI chip manufacturers, technology giants, and cutting-edge research institutions. The presence of companies like NVIDIA, Intel, and AMD, which are at the forefront of AI chip innovation, boosts the North American AI chip market. Additionally, the region's focus on AI research, coupled with substantial investments in AI startups and infrastructure, fosters an environment conducive to AI chip development and adoption.
The impact of the COVID-19 pandemic on the AI chip market was two-fold. In 2020, disruptions in supply chains and manufacturing facilities led to a slowdown in AI chip production. However, the subsequent years saw a resurgence as the pandemic accelerated digital transformation efforts across industries. Remote work, online services, and telemedicine drove demand for AI solutions, including AI chips, contributing to the market's rebound.
AI Chip Market Customer Landscape:
The AI chip market analysis includes an examination of the customer adoption lifecycle, ranging from early adopters to late adopters, and delves into factors influencing purchasing decisions and price sensitivity. This insight assists companies in devising effective growth strategies, anticipating customer needs, and optimizing product offerings.
Major AI Chip Market Companies:
Companies operating in the AI chip market are employing diverse strategies to enhance their market presence. These strategies include strategic partnerships, acquisitions, geographic expansion, and product/service innovations.
Some of the prominent players in the AI chip market include:
The market research report offers a comprehensive evaluation of the competitive landscape, profiling 20 key market players and conducting qualitative and quantitative analyses of their strengths and weaknesses. This assessment categorizes companies based on their focus and dominance within the AI chip market, providing valuable insights to help stakeholders understand the competitive dynamics and make informed business decisions.
The AI chip market forecast encompasses global, regional, and country-level revenue growth analyses, presenting trends and growth opportunities from 2019 to 2032.
In conclusion, the AI chip market is poised for significant expansion driven by increasing AI integration across industries, the proliferation of edge computing, and the growing demand for AI-enabled devices and applications. The market's trajectory is influenced by manufacturing complexities, yield challenges, and the constant need for innovation to meet the demands of a rapidly evolving AI landscape.
TABLE OF CONTENTS: GLOBAL AI (Artificial Intelligence) Chip MARKET
Chapter 1. MARKET SYNOPSIS
1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technique
Chapter 2. EXECUTIVE SUMMARY
2.1. Summary Snapshot, 2016 – 2027
Chapter 3. INDICATIVE METRICS
3.1. Macro Indicators
Chapter 4. AI (Artificial Intelligence) Chip MARKET SEGMENTATION & IMPACT ANALYSIS
4.1. AI (Artificial Intelligence) Chip Segmentation Analysis
4.2. Industrial Outlook
4.3. Price Trend Analysis
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.5.1. Power Of Suppliers
4.5.2. Power Of Buyers
4.5.3. Threat Of Substitutes
4.5.4. Threat Of New Entrants
4.5.5. Competitive Rivalry
Chapter 5. AI (Artificial Intelligence) Chip MARKET BY Chip Type INSIGHTS & TRENDS
5.1. Segment 1 Dynamics & Market Share, 2019 & 2027
5.2. GPU
5.2.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)
5.2.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)
5.3. ASIC
5.3.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)
5.3.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)
5.4. FPGA
5.4.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)
5.4.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)
5.5. CPU
5.5.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)
5.5.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)
Chapter 6. AI (Artificial Intelligence) Chip MARKET BY Technology INSIGHTS & TRENDS
6.1. Segment 2 Dynamics & Market Share, 2019 & 2027
6.2. System-On-Chip (SOC)
6.2.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)
6.2.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)
6.3. System-In-Package (SIP)
6.3.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)
6.3.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)
6.4. Multi-Chip Module
6.4.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)
6.4.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)
Chapter 7. AI (Artificial Intelligence) Chip MARKET REGIONAL OUTLOOK
7.1. AI (Artificial Intelligence) Chip Market Share By Region, 2019 & 2027
7.2. NORTH AMERICA
7.2.1. North America AI (Artificial Intelligence) Chip Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.2.2. North America AI (Artificial Intelligence) Chip Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.2.3. North America AI (Artificial Intelligence) Chip Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.2.4. North America AI (Artificial Intelligence) Chip Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.2.5. U.S.
7.2.5.1. U.S. AI (Artificial Intelligence) Chip Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.2.5.2. U.S. AI (Artificial Intelligence) Chip Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.2.5.3. U.S. AI (Artificial Intelligence) Chip Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.2.5.4. U.S. AI (Artificial Intelligence) Chip Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.2.6. CANADA
7.2.6.1. Canada AI (Artificial Intelligence) Chip Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.2.6.2. Canada AI (Artificial Intelligence) Chip Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.2.6.3. Canada AI (Artificial Intelligence) Chip Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.2.6.4. Canada AI (Artificial Intelligence) Chip Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.3. EUROPE
7.3.1. Europe AI (Artificial Intelligence) Chip Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.3.2. Europe AI (Artificial Intelligence) Chip Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.3.3. Europe AI (Artificial Intelligence) Chip Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.3.4. Europe AI (Artificial Intelligence) Chip Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.3.5. GERMANY
7.3.5.1. Germany AI (Artificial Intelligence) Chip Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.3.5.2. Germany AI (Artificial Intelligence) Chip Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.3.5.3. Germany AI (Artificial Intelligence) Chip Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.3.5.4. Germany AI (Artificial Intelligence) Chip Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.3.6. FRANCE
7.3.6.1. France AI (Artificial Intelligence) Chip Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.3.6.2. France AI (Artificial Intelligence) Chip Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.3.6.3. France AI (Artificial Intelligence) Chip Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.3.6.4. France AI (Artificial Intelligence) Chip Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.3.7. U.K.
7.3.7.1. U.K. AI (Artificial Intelligence) Chip Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.3.7.2. U.K. AI (Artificial Intelligence) Chip Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.3.7.3. U.K. AI (Artificial Intelligence) Chip Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.3.7.4. U.K. AI (Artificial Intelligence) Chip Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.4. ASIA-PACIFIC
7.4.1. Asia Pacific AI (Artificial Intelligence) Chip Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.4.2. Asia Pacific AI (Artificial Intelligence) Chip Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.4.3. Asia Pacific AI (Artificial Intelligence) Chip Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.4.4. Asia Pacific AI (Artificial Intelligence) Chip Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.4.5. CHINA
7.4.5.1. China AI (Artificial Intelligence) Chip Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.4.5.2. China AI (Artificial Intelligence) Chip Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.4.5.3. China AI (Artificial Intelligence) Chip Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.4.5.4. China AI (Artificial Intelligence) Chip Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.4.6. INDIA
7.4.6.1. India AI (Artificial Intelligence) Chip Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.4.6.2. India AI (Artificial Intelligence) Chip Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.4.6.3. India AI (Artificial Intelligence) Chip Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.4.6.4. India AI (Artificial Intelligence) Chip Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.4.7. JAPAN
7.4.7.1. Japan AI (Artificial Intelligence) Chip Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.4.7.2. Japan AI (Artificial Intelligence) Chip Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.4.7.3. Japan AI (Artificial Intelligence) Chip Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.4.7.4. Japan AI (Artificial Intelligence) Chip Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.4.8. AUSTRALIA
7.4.8.1. Australia AI (Artificial Intelligence) Chip Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.4.8.2. Australia AI (Artificial Intelligence) Chip Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.4.8.3. Australia AI (Artificial Intelligence) Chip Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.4.8.4. Australia AI (Artificial Intelligence) Chip Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.5. MIDDLE EAST AND AFRICA (MEA)
7.5.1. Mea AI (Artificial Intelligence) Chip Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.5.2. Mea AI (Artificial Intelligence) Chip Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.5.3. Mea AI (Artificial Intelligence) Chip Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.5.4. Mea AI (Artificial Intelligence) Chip Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.6. LATIN AMERICA
7.6.1. Latin America AI (Artificial Intelligence) Chip Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.6.2. Latin America AI (Artificial Intelligence) Chip Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.6.3. Latin America AI (Artificial Intelligence) Chip Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.6.4. Latin America AI (Artificial Intelligence) Chip Market Estimates And Forecast By Production Process, 2016 –2027, (USD Million)
7.6.5. Latin America AI (Artificial Intelligence) Chip Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
Chapter 8. COMPETITIVE LANDSCAPE
8.1. Market Share By Manufacturers
8.2. Strategic Benchmarking
8.2.1. New Product Launches
8.2.2. Investment & Expansion
8.2.3. Acquisitions
8.2.4. Partnerships, Agreement, Mergers, Joint-Ventures
8.3. Vendor Landscape
8.3.1. North American Suppliers
8.3.2. European Suppliers
8.3.3. Asia-Pacific Suppliers
8.3.4. Rest Of The World Suppliers
Chapter 9. COMPANY PROFILES
9.1. Google, Inc
9.1.1. Company Overview
9.1.2. Financial Performance
9.1.3. Product Insights
9.1.4. Strategic Initiatives
9.2. Advanced Micro Devices (AMD)
9.2.1. Company Overview
9.2.2. Financial Performance
9.2.3. Product Insights
9.2.4. Strategic Initiatives
9.3. Qualcomm
9.3.1. Company Overview
9.3.2. Financial Performance
9.3.3. Product Insights
9.3.4. Strategic Initiatives
9.4. Intel Corporation
9.4.1. Company Overview
9.4.2. Financial Performance
9.4.3. Product Insights
9.4.4. Strategic Initiatives
9.5. Adapteva
9.5.1. Company Overview
9.5.2. Financial Performance
9.5.3. Product Insights
9.5.4. Strategic Initiatives
9.6. Baidu
9.6.1. Company Overview
9.6.2. Financial Performance
9.6.3. Product Insights
9.6.4. Strategic Initiatives
9.7. Graphcore
9.7.1. Company Overview
9.7.2. Financial Performance
9.7.3. Product Insights
9.7.4. Strategic Initiatives
9.8. NVIDIA
9.8.1. Company Overview
9.8.2. Financial Performance
9.8.3. Product Insights
9.8.4. Strategic Initiatives
9.9. Mythic
9.9.1. Company Overview
9.9.2. Financial Performance
9.9.3. Product Insights
9.9.4. Strategic Initiatives
9.10. UC-Davis
9.10.1. Company Overview
9.10.2. Financial Performance
9.10.3. Product Insights
9.10.4. Strategic Initiatives
A research methodology is a systematic approach for assessing or conducting a market study. Researchers tend to draw on a variety of both qualitative and quantitative study methods, inclusive of investigations, survey, secondary data and market observation.
Such plans can focus on classifying the products offered by leading market players or simply use statistical models to interpret observations or test hypotheses. While some methods aim for a detailed description of the factors behind an observation, others present the context of the current market scenario.
Now let’s take a closer look at the research methods here.
Extensive data is obtained and cumulated on a substantial basis during the inception phase of the research process. The data accumulated is consistently filtered through validation from the in-house database, paid sources as well reputable industry magazines. A robust research study requires an understanding of the overall value chain. Annual reports and financials of industry players are studied thoroughly to have a comprehensive idea of the market taxonomy.
Post conglomeration of the data obtained through secondary research; a validation process is initiated to verify the numbers or figures. This process is usually performed by having a detailed discussion with the industry experts.
However, we do not restrict our primary interviews only to the industry leaders. Our team covers the entire value chain while verifying the data. A significant number of raw material suppliers, local manufacturers, distributors, and stakeholders are interviewed to make our findings authentic. The current trends which include the drivers, restraints, and opportunities are also derived through the primary research process.
The market estimation is conducted by analyzing the data collected through both secondary and primary research. This process involves market breakdown, bottom-up and top- down approach.
Moreover, while forecasting the market a comprehensive statistical time series model is designed for each market. Macroeconomic indicators are considered to understand the current trends of the market. Each data point is verified by the process of data triangulation method to arrive at the final market estimates.
The penultimate process results in a holistic research report. The study equips key industry players to undertake significant strategic decisions through the findings. The report encompasses detailed market information. Graphical representations of the current market trends are also made available in order to make the study highly comprehensible for the reader.
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