Artificial Intelligence Chip Market Scope, Rapid Growth, Key Futuristic Top Trends, Industry Demand And Major Players - Intel Corporation, Mediatek Inc., NVIDIA Corporation, Qualcomm Technologies Inc, IBM Corporation, Apple Inc

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032.

As per the artificial intelligence chip market report by The Business Research Company, the increase in demand for smart homes and smart cities is expected to propel the growth of the artificial intelligence chip market going forward. A "smart city" refers to a city that uses digital or information-communication technology to improve the comfort and efficiency of human life. One strategy for urbanisation that aims to achieve sustainable growth is making cities equipped with cutting-edge features for residents to live, walk, shop, and enjoy a safer and more convenient existence. For instance, in March 2022, according to an article shared by Arab News, a Middle East English-language daily newspaper, Saudi Arabia launched a new smart city project in Jeddah for light industries and auto repair, opening the first two stages of the city, the second of which is a 500,000 square metre labour city. A total of 5 million square metres is covered by the Smart City initiative. Further, According to Saudi Vision 2030, a Saudi Arabia-based strategic framework, the city is distinguished by an interconnected infrastructure and the application of digital and smart technology to offer automated services to customers. Therefore, the increase in demand for smart homes and smart cities is driving the growth of artificial intelligence chips.

The global artificial intelligence chip market size grew from $15.65 billion in 2022 to $23.29 billion in 2023 at a compound annual growth rate (CAGR) of 48.8%. The artificial intelligence chip market size is expected to grow to $88.85 billion in 2027 at a CAGR of 39.8%.

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https://www.thebusinessresearchcompany.com/report/artificial-intelligence-chip-global-market-report

Major competitors in the artificial intelligence chip market include Intel Corporation, Mediatek Inc., NVIDIA Corporation, Qualcomm Technologies Inc., Advanced Micro Devices Inc., Alphabet Inc., NXP Semiconductors N.V, Micron Technology Inc., IBM Corporation, Apple Inc.

The artificial intelligence chip market is segmented -

• By Chip Type: GPU, ASIC, FPGA, CPU, Other Chip Types

• By Processing Type: Edge, Cloud

• By Technology: System-On-Chip (SoC), System-In-Package (SIP), Multi-Chip Module, Other Technologies

• By Application: Natural Language Processing (NLP), Robotics, Computer Vision, Network Security, Other Applications

• By Industry: Media and Advertising, BFSI, IT and Telecom, Retail, Healthcare, Automotive and Transportation, Other Industries

• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the artificial intelligence chip market.

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The artificial intelligence chips market consists of sales of application-specific integrated circuits (ASICs), field-programmable gate arrays (FPGAs), central processing units (CPUs), and GPUs. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The Table Of Content For The Artificial Intelligence Chip Market Include:
1. Executive Summary
2. Artificial Intelligence Chip Market Characteristics
3. Artificial Intelligence Chip Market Trends And Strategies
4. Artificial Intelligence Chip Market - Macro Economic Scenario
5. Artificial Intelligence Chip Market Size And Growth
6. Artificial Intelligence Chip Market Segmentation
...........
27. Artificial Intelligence Chip Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Artificial Intelligence Chip Market
29. Artificial Intelligence Chip Market Future Outlook And Potential Analysis
30. Appendix

The "Global Artificial Intelligence Chip Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.

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