Press release
Artificial Intelligence Chip Market Outlook 2024: Exclusive Report By The Business Research Company
Artificial Intelligence Chip Market
The Business Research Company offers in-depth market insights through Artificial Intelligence Chip Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The artificial intelligence chip market size has grown exponentially in recent years. It will grow from $21.71 billion in 2023 to $30.04 billion in 2024 at a compound annual growth rate (CAGR) of 38.4%. The growth in the historic period can be attributed to increased data generation, rise in healthcare sector, investment in ai research, rise in retail and e-commerce, rise in economic growth.
The artificial intelligence chip market size is expected to see exponential growth in the next few years. It will grow to $117.07 billion in 2028 at a compound annual growth rate (CAGR) of 40.5%. The growth in the forecast period can be attributed to growing demand for data-intensive applications, advancements in machine learning algorithms, growing automotive sector, rising financial services, rising urbanization. Major trends in the forecast period include customized ai hardware, edge ai acceleration, quantum computing integration, neuromorphic computing, energy-efficient ai chips:.
Get Free Sample Of This Report-
https://www.thebusinessresearchcompany.com/sample.aspx?id=7639&type=smp
Market Segmentation:
The main types of artificial intelligence chips are GPU, ASIC, FPGA, CPU, and other chip types. A GPU provides the fastest graphics processing, and for gamers, the GPU is a stand-alone card plugged into the PCI Express (PCIe) bus. The processing types include edge and cloud. The technologies involved system-on-chip (soc), system-in-package (sip), multi-chip module, and other technologies. The applications are natural language processing (NLP), robotics, computer vision, network security, and other applications. The various industries include media and advertising, BFSI, IT and telecom, retail, healthcare, automotive and transportation, and other industries.
Major Driver - Rising Demand For Smart Homes And Cities Fuels The Growth Of Artificial Intelligence Chips
An increase in demand for smart homes and smart cities is expected to propel the growth of the artificial intelligence chips 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.
Competitive Landscape:
Major companies operating 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, Huawei Technologies Co Ltd, Mythic Inc, Samsung Electronics Co ltd., LG Corporation, Google LLC, Advanced Micro Devices Inc, Baidu, Mellanox Technologies, Xilinx Inc., Graphcore, Cerebras Systems, Habana Labs, Vinova Pte Ltd., MemryX Inc., BrainChip Holdings Ltd., NeuReality Ltd.
Get Access To The Full Market Report -
https://www.thebusinessresearchcompany.com/report/artificial-intelligence-chip-global-market-report
Top Trend - Atom Ai Chip And Technological Advancements In The Ai Chip Market
Major companies in the artificial intelligence chips market are advancing in their new technologies and research and developments in the artificial intelligence chips market, such as the Atom AI chip to excel at running computer vision and chatbot AI applications. For instance, in February 2023, Rebellions Inc., a South Korea-based company that specializes in the development of generative AI chips, launched Atom. Atom uses unique decentralized programming model and technology that will enable customers to arm themselves with the most powerful yet energy efficient AI hardware as well as seamless software integration. This new chip is designed to consume only about 20% of the power of other powerful chips in the market and is expected to provide a domain-specific AI processor along with optimized software.
The Table Of Content For The Market Report 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
…..
27. Artificial Intelligence Chip Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialize in various industries including manufacturing, healthcare, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Artificial Intelligence Chip Market Outlook 2024: Exclusive Report By The Business Research Company here
News-ID: 3409416 • Views: …
More Releases from The Business research company
Evolving Market Trends In The Integrated Geophysical Services Industry: Enhancin …
The Integrated Geophysical Services Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Expected Integrated Geophysical Services Market Size During the Forecast Period?
The integrated geophysical services market has experienced consistent growth in recent years, expected to rise from $2.35 billion in 2024 to…
Global HR Advisory Services Market: Key Trends, Market Share, Growth Drivers, An …
The HR advisory services market report describes and explains the HR advisory services market and covers 2019-2024, termed the historic period, and 2024-2029, 2034F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.
The global HR advisory services market reached a value of nearly $155.74 billion in 2024, having grown at a compound annual growth rate (CAGR) of 4.22% since…
High Voltage Aluminium Electrolytic Capacitors Global Market Report 2025: Size, …
The high voltage aluminum electrolytic capacitors report describes and explains the high voltage aluminum electrolytic capacitors market and covers 2019-2024, termed the historic period, and 2024-2029, 2034F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.
The global high voltage aluminum electrolytic capacitors market reached a value of nearly $4.10301 billion in 2024, having grown at a compound annual growth…
Global Vertical Market Software Market: Key Trends, Market Share, Growth Drivers …
The vertical market software report describes and explains the vertical market software market and covers 2019-2024, termed the historic period, and 2024-2029, 2034F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.
The global vertical market software market reached a value of nearly $152.61027 billion in 2024, having grown at a compound annual growth rate (CAGR) of 12.11% since 2019.…
More Releases for Chip
5G Radio Frequency Chip (RF Chip) Market Report 2024 - 5G RF Chip Market Size An …
"The Business Research Company recently released a comprehensive report on the Global 5G Radio Frequency Chip (RF Chip) Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.
According to The Business Research Company's, The…
5G Radio Frequency Chip (RF Chip) Market Report 2024 - RF Chip Market Size And T …
"The Business Research Company recently released a comprehensive report on the Global 5G Radio Frequency Chip (RF Chip) Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.
According to The Business Research Company's,…
Chip Resistor R CHIP Market Size 2024 to 2031.
Market Overview and Report Coverage
A chip resistor, also known as an R CHIP, is an electrical component widely used in electronic circuits to control the flow of electric current. These resistors are small in size and are surface mountable, making them ideal for high density circuit board applications.
The Chip Resistor R CHIP Market is expected to experience steady growth in the coming years, with a projected CAGR of…
5G Radio Frequency Chip RF Chip Market Size 2024 to 2031.
Market Overview and Report Coverage
A 5G Radio Frequency Chip, also known as an RF Chip, is a key component in enabling the high-speed data transmissions required for next-generation wireless networks. These chips are used in devices such as smartphones, tablets, IoT devices, and other connected devices to facilitate the transmission of data over 5G networks.
The future outlook for the 5G Radio Frequency Chip RF Chip Market is promising,…
Fiber Laser Chip Market Future Outlook 2023-2029, Industry Demand, Trends, Size, …
The Fiber Laser Chip Market report provides an all-inclusive evaluation of the parent market by assessing the market value and volume in the past, present, and forecast years. It also presents an assessment of the market share and tactical approaches of the market leaders. Moreover, the report highlights the lucrative strategies that help companies to strengthen their market position. Additionally, it focuses on competitive developments such as expansions, agreements, new…
Global Radio Frequency Chip (RF Chip) Market 2018 - Skyworks Solutions, Qorvo
Apex Market Reports, recently published a detailed market research study focused on the "Radio Frequency Chip (RF Chip) Market" across the global, regional and country level. The report provides 360° analysis of "Radio Frequency Chip (RF Chip) Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global Radio Frequency Chip (RF Chip) industry,…
