Press release
Artificial Intelligence (AI) Chips Market Growth and Status Explored in a New Research Report 2032
Artificial Intelligence (AI) Chips Market size was valued at USD 10.25 Billion in 2021 and is projected to reach USD 309.53 Billion by 2030, growing at a CAGR of 46.03% from 2023 to 2030.Silicon chips known as artificial intelligence (AI) chips combine AI technology to handle computational and mathematical problems while reducing human error. These AI processors are capable of controlling large parallel systems. Due to the massive rise in data volume brought on by the growing usage of social media and e-commerce platforms, faster processors are now required to complete machine learning jobs. AI-based CPUs address the requirement for faster processing by enabling machine learning.
This report examines all the key factors influencing growth of global Artificial intelligence (AI) Chips market, including demand-supply scenario, pricing structure, profit margins, production and value chain analysis. Regional assessment of global Artificial intelligence (AI) Chips market unlocks a plethora of untapped opportunities in regional and domestic market places. Detailed company profiling enables users to evaluate company shares analysis, emerging product lines, scope of NPD in new markets, pricing strategies, innovation possibilities and much more.
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Key Market Trends
The COVID-19 pandemic caused a worldwide scarcity of semiconductor chips, which halted the production of consumer electronics. While the epidemic caused mayhem for product firms, manufacturers, and end users, it also produced a great demand for consumer gadgets, including laptops, desktops, and game consoles. Manufacturers of equipment concentrated on supplying this demand coming from the erratic consumer technology market. Demand for AI chips in consumer devices is likely to be driven by the chip shortage and high demand situation for the next two to three years.
The market will profit from the rising usage of analytical computations and complex problem solving using quantum computing technology. The fastest computer, for instance, can do a task on the Sycamore quantum computer from Google LLC in about 200 seconds. machine learning, artificial intelligence, and computers
Global Artificial intelligence (AI) Chips Market: Major Players
• Huawei Technologies
• Intel Corporation
• Graphcore
• Alphabet
• UC-Davis
• Adapteva
• Qualcomm
• NVIDIA
• AMD
• Mythic
• Baidu
Global Artificial intelligence (AI) Chips Market: Types
• GPU
• ASIC
• FPGA
• CPU
• Others
Global Artificial intelligence (AI) Chips Market: Applications
• Machine learning
• Natural language processing (NLP)
• Robotic process automation
• Speech recognition
• Others
Global Artificial intelligence (AI) Chips Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Artificial intelligence (AI) Chips market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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Frequently Asked Questions
• What is the study period of this market?
• What is the growth rate of AI Chipsets Market?
• Which region has highest growth rate in AI Chipsets Market?
• Which region has largest share in AI Chipsets Market?
• Who are the key players in AI Chipsets Market?
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