Global Artificial Intelligence (Chipsets) Market Valued at USD 16.2 Billion in 2022, Predicted to Grow at a CAGR of 36.5% from 2023 to 2033

As per the study initiated by Evolve Business Intelligence, the global Artificial Intelligence (chipsets) market size accounted for USD 16.2 Billion in 2022, growing at a CAGR of 36.5% from 2023 to 2033. The artificial intelligence (AI) chipsets market refers to the market for specialized hardware components designed to accelerate AI computations and processes. AI chipsets are critical in powering AI applications and algorithms by providing the necessary computational power and efficiency for tasks such as deep learning, machine learning, computer vision, natural language processing, and data analytics. AI is being rapidly adopted across various industries, including healthcare, finance, retail, manufacturing, automotive, and more. AI chipsets play a crucial role in enabling the deployment and execution of AI algorithms and models, driving the demand for specialized hardware solutions.
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Key Highlights:
• The global Artificial Intelligence (chipsets) Market size was valued at USD 16.2 billion in 2022 growing at a CAGR of 36.5% from 2023 to 2033.
• North America dominated the market in 2022
• Asia Pacific is expected to fastest-growing at the highest CAGR from 2023 to 2033
Evolve Business Intelligence has published a new market research report on Global Artificial Intelligence (chipsets) Market focusing in various aspects including market size and forecast, market dynamics, competitors market share analysis, market size in terms of value and volume, SWOT analysis, product benchmarking, key players recent developments, and opportunities, among others. The market has also been analyzed based on 4 indicators in the market dynamic chapter which includes Drivers, Restraints, Key Trends, and Challenges. The overall sum of these sections will help to understand the best strategies to be adopted in order to prosper through this industry over short and long terms. The quantitative analysis includes our authentic findings out of this research study where we provided additional insight into what our readers can do to embrace new opportunities or plan against threats that might hinder the market.
In terms of COVID 19 impact, the Artificial Intelligence (chipsets) market report also includes the following data points:
• COVID19 Impact on Artificial Intelligence (chipsets) market size
• End-User/Industry/Application Trend, and Preferences
• Government Policies/Regulatory Framework
• Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
• Opportunity in Artificial Intelligence (chipsets) market
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Key Players
Some of the major Artificial Intelligence (chipsets) players holding high market share include Advanced Micro Devices, Alphabet Inc. (Google Inc.), Apple, and NXP Semiconductors N.V. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.
The key players profiled in the report are:
• Advanced Micro Devices
• Alphabet Inc. (Google Inc.)
• Apple
• NXP Semiconductors N.V.
• Analog Devices, Inc.
• Intel Corporation
• Mediatek, Inc.
• NVIDIA Corporation
• Qualcomm Incorporated
• Microsemi Corporation
Segmental Analysis
Market Segment By Chip Type with focus on market share, consumption trend, and growth rate of Artificial Intelligence (chipsets) Market:
o GPU
o ASIC
o FPGA
o CPU
o Others
Market Segment By Application with focus on market share, consumption trend, and growth rate of Artificial Intelligence (chipsets) Market:
o Nature Language Processing
o Robotics
o Computer Vision
o Network Security
o Others
Market Segment By Industry Vertical with a focus on market share, consumption trend, and growth rate of the Artificial Intelligence (chipsets) Market:
o Media and Advertising
o BFSI
o IT and Telecom
o Retail
o Healthcare
o Automotive and Transportation
o Others
Parameters Details
Market Size (2022) $ 16.2 Billion
CAGR (2023 to 2033) 36.5%
Market Segmentation Chip Type, Application, Industry Vertical
Country Covered US, Canada, Mexico, UK, Germany, France, Italy, Spain, Nordic Countries, BeNeLux, Rest of Europe, China, India, Japan, South Korea, Indonesia, Malaysia, Australia, Rest of Asia Pacific, Middle East & Africa, and South America
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Global Artificial Intelligence (chipsets) Geographic Coverage:
• North America
o US
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Italy
o Spain
o Nordic Countries
o Benelux
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Australia
o Rest of Asia Pacific
• Middle East and Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of MEA
• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America
Reasons to Buy this Report:
• Detail analysis of the impact of market drivers, restraints, and opportunities
• Competitive Intelligence provides an understanding of the ecosystem
• Details analysis of the Total Addressable Market (TAM) of your products
• Investment Pockets and New Business Opportunities
• Demand-supply gap analysis
• Strategy Planning

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