Artificial Intelligence Chipset Market size to reach USD 218.85 Bn by 2030 at a CAGR of 40 percent - says Maximize Market Research

Artificial Intelligence Chipset Market is expected to be driven by the increasing demand for AI-enabled devices. Artificial Intelligence Chipset Market is segmented into four main segments: Chip Type, Technology, Component, Computing Technology and End - User
Maximize Market Research, the global Electronics business intelligence firm, has published a market intelligence report the on [https://www.maximizemarketresearch.com/market-report/global-artificial-intelligence-chipset-market/66849/]The total global market for "Artificial Intelligence Chipset" was USD 20.76 Bn in 2023 and is expected to grow at a CAGR of 40 percent over the forecast period to reach USD 218.85 Bn by 2030.

Market Size in 2023: USD 20.76 Billion

Market Size in 2030: USD 218.85 Billion

CAGR: 40 Percent

Forecast Period: 2024-2030

Base Year: 2023

Number of Pages: 291

No. of Tables: 96

No. of Charts and Figures: 82

Segment Covered: By Chip Type, Technology, Component, Computing Technology and End-User

Regional Scope: North America, Europe, Asia Pacific, Middle East and Africa, South America

Report Coverage: Market Share, Size and Forecast by Revenue | 20232030, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, MMR Competition Matrix, Competitive Leadership Mapping, Global Key Players' Market Ranking Analysis.

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Artificial Intelligence Chipset Market Report Scope and Research Methodology

The report includes a competitive landscape, development trends, regional insights and an Artificial Intelligence Chipset industry overview. The report includes a detailed analysis of the Artificial Intelligence Chipset market dynamics including drivers, opportunities, challenges and restraints in each region. For the competitive landscape, the report includes Artificial Intelligence Chipset key players with their market share based on revenue, production capacity, sales, geographical presence and other major factors.

The bottom-up approach was used to estimate the global and regional Artificial Intelligence Chipset market size. To collect the data, primary and secondary research methods were employed to make the Artificial Intelligence Chipset market report authentic. In the primary research, interviews were conducted with selected respondents to validate the data gathered through research while the secondary research includes the data collected from selected sources such as official databases of various organizations and government sites, annual reports, industry journals, white papers and suppliers in the Artificial Intelligence Chipset industry along with free and paid databases. SWOT analysis was employed to provide the strengths and weaknesses of the Artificial Intelligence Chipset key players while PESTLE was used to understand the potential impact of the micro-economic and macro-economic factors affecting the Artificial Intelligence Chipset Market.

Artificial Intelligence Chipset Market Overview

AI Chips are the specialized computing hardware that is used in the development and deployment of artificial intelligence systems. The need for higher processing power, efficiency and speed in computers has increased as AI becomes more sophisticated. Thus the demand for AI chips is growing as they are important to meet this demand. As per the study, the AI Chipset Market is expected to grow rapidly during the forecast period.

Artificial Intelligence Chipset Market Dynamics

Specialized AI chips are gaining ground over general-purpose chips like CPUs, especially because of the increasing demand for AI. The Artificial Intelligence Chipset Market is driven by innovations that offers, redefining performance standards with breakthrough technologies such as neuromorphic computing. Their software-hardware co-designs optimize AI algorithms. This promises transformative Technological advancements and daily life.

Complexity of AI algorithms is a key challenge for AI chipset manufacturers, which is expected to slow down the Artificial Intelligence Chipset Market growth. AI chipsets are required to keep pace to ensure optimal performance as AI algorithms become sophisticated and resource-intensive. Advanced engineering and expertise are required for designing chipsets capable of efficiently processing these complex algorithms.

Artificial Intelligence Chipset Market Regional Insights

North American Artificial Intelligence Chipset Market dominated the global market with the largest share in 2023. In the region, the United States is the major market for AI chips. It hold competitive advantage in AI chip design and semiconductor manufacturing.

Asia Pacific Artificial Intelligence Chipset Market is expected to grow rapidly during the forecast period. Softbank plans to invest $960 million to enhance its computing facilities by 2025, which is expected to contribute to the regional market growth in the future. They aim to develop a world-class Japanese-language-specific generative AI model and purchase advanced graphics processing units from NVidia. This is expected to give Softbank the most powerful computing capabilities and position Japan as a strong player in the generative AI space, countering international competition.

Artificial Intelligence Chipset Market Segmentation

By Chip Type

* CPU
* GPU
* FPGA
* ASIC
* Others

By Technology

* Machine Learning
* Natural Language Processing
* Context-Aware Computing
* Computer Vision

Based on Technology, the Machine Learning segment held the largest Artificial Intelligence Chipset Market share in 2023. The Computer Vision segment is expected to grow at a high rate during the forecast period. This is attributed to the heavy reliance on computer vision of applications such as facial recognition, autonomous vehicles, and smart cameras.

By Component

* Hardware
* Processor
* Memory
* Network
* Software

By Computing Technology

* Cloud AI Computing
* Edge AI Computing

Based on Computing Technology, the Cloud AI Computing dominated the global market due to demanding processing needs of many AI applications. The Edge AI Computing segment is expected to grow rapidly during the forecast. This is attributed to the increasing demand for real-time AI applications in areas such as autonomous vehicles and smart devices.

By End - Use

* Healthcare
* Manufacturing
* Automotive
* Retail & E-Commerce
* Marketing
* Consumer Electronics
* BFSI
* Others

Based on End Use, the Consumer Electronics segment held the largest Artificial Intelligence Chipset Market share in the global market in 2023. This is attributed to the increasing number of artificial intelligence chipsets deployment in smart devices.

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Artificial Intelligence Chipset Market Key Players

* Nvidia Corporation
* Intel Corporation
* Xilinx Inc.
* Samsung Electronics Co., Ltd
* Micron Technology
* Qualcomm Technologies
* IBM Corporation
* Google Inc.
* Microsoft Corporation
* Apple Inc.
* Amazon Web Services (AWS)
* Advanced Micro Devices, Inc.
* Graphcore
* General Vision
* Mellanox Technologies
* Huawei Technologies Co. Ltd
* Fujitsu
* Wave Computing
* Mythic Inc.
* Adapteva
* Koniku
* Tenstorrent

Key questions answered in the Artificial Intelligence Chipset Market are:

* What was the Artificial Intelligence Chipset Market size in 2023?
* What is the expected Artificial Intelligence Chipset Market size by the end of the forecast period?
* What is the CAGR of the Artificial Intelligence Chipset Market during the forecast period?
* What are the global trends in the Artificial Intelligence Chipset Market?
* What are the major challenges that the Artificial Intelligence Chipset Market could face in the future?
* What are the factors driving the Artificial Intelligence Chipset Market?
* What are the recent industry trends that can be implemented to generate additional revenue streams for Artificial Intelligence Chipset Market?
* What growth strategies are the players considering to increase their presence in Aesthetic Medical Devices?
* Who are the leading companies and what are their portfolios in Artificial Intelligence Chipset Market?
* Who held the largest market share in Artificial Intelligence Chipset Market?

Key Offerings:

* Past Market Size and Competitive Landscape (2018 to 2022)
* Past Pricing and price curve by region (2018 to 2022)
* Market Size, Share, Size & Forecast by different segment | 20242030
* Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
* Market Segmentation - A detailed analysis by Chip Type, Technology, Component, End-Use, Computing Technology and Region

* Competitive Landscape - Profiles of selected key players by region in a strategic perspective

* Competitive landscape - Market Leaders, Market Followers, Regional player
* Competitive benchmarking of key players by region

* PESTLE Analysis
* PORTER's analysis
* Value chain and supply chain analysis
* Legal Aspects of business by region
* Lucrative business opportunities with SWOT analysis
* Recommendations

Maximize Market Research is leading Electronics research firm, has also published the following reports:

Digital Light Processing Chipset Market [https://www.maximizemarketresearch.com/market-report/global-digital-light-processing-chipset-market/73497/] - The market size is expected to reach USD 8.82 billion by 2030 at a CAGR of 7.1 percent during the forecast period. The market is expected to be driven by the increasing adoption of high-quality projectors in corporate and educational sectors

[https://www.maximizemarketresearch.com/market-report/global-wi-fi-chipset-market/34726/]- The market size is expected to reach USD 28.30 billion by 2029 at a CAGR of 4.77 percent during the forecast period. The market is expected to be driven by a growing consumer base of smartphone users.

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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