Press release
Exponential Growth Forecasted for Global Artificial Intelligence Chip Market: Surge Predicted due to Advancements in Technological Domains
Artificial Intelligence Chip Market
A Detailed Look at the Anticipated Boom in the Artificial Intelligence Chip Market
What Is The Projected Market Size Of The Global Artificial Intelligence Chip Market And Its Growth Rate?
• The artificial intelligence chip market is currently explosive, with the market value predicted to surge from $29.65 billion in 2024 to a staggering $40.79 billion in 2025. This represents a compound annual growth rate (CAGR) of 37.6% in the historic period.
• Factors contributing to this growth include increased data generation, health sector expansion, significant investment in AI research, retail and e-commerce growth, and global economic growth.
• The anticipated growth trend continues into the future, with the market size projected to reach $164.07 billion in 2029 at a noteworthy CAGR of 41.6%.
• This forecasted growth will be driven by growing demand for data-intensive applications, machine learning advancements, a booming automotive sector, financial service growth, and urbanization.
What Is Driving The Growth In The Artificial Intelligence Chip Market?
The demand for smart homes and cities is driving the growth of the artificial intelligence chips market. Smart cities aim to use digital and information-communication technology to improve human life comfort and efficiency. Smart cities are urbanization strategies aimed at sustainable growth by equipping cities with top-notch features. For instance, Saudi Arabia recently launched a new smart city in Jeddah dedicated to light industries and auto repair, as part of the country's Vision 2030 framework. The smart city initiative covers a total of 5 million square meters and boasts digital and smart technology to provide automated services. Consequently, the demand for smart homes and cities is driving the artificial intelligence chips market's growth.
Request A Free Sample Copy:
https://www.thebusinessresearchcompany.com/sample.aspx?id=7639&type=smp
Who Are the Key Players Driving Artificial Intelligence Chip Market Growth?
• 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.
What Are The Key Trends In The Artificial Intelligence Chip Market?
• Customized AI hardware
• Edge AI acceleration
• Quantum computing integration
• Neuromorphic computing
• Energy-efficient AI chips
What Are The Segments Of The Global Artificial Intelligence Chip Market?
• 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
Which Region Leads The Artificial Intelligence Chip Market?
North America was the most significant contributor to the artificial intelligence chip market in 2024. While the report covers various regions, including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, it is anticipated that these regions will also witness considerable growth.
Pre-book the Report for Swift Delivery:
https://www.thebusinessresearchcompany.com/report/artificial-intelligence-chip-global-market-report
What Is Covered In The Artificial Intelligence Chip Market Global Market Report?
- Market Size Analysis: Analyze the Artificial Intelligence Chip Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Artificial Intelligence Chip Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Artificial Intelligence Chip Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Artificial Intelligence Chip Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
Request Customization for This Report:
https://www.thebusinessresearchcompany.com/Customise?id=7639&type=smp
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
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has a leading reputation for delivering comprehensive, data-rich research and insights. Equipped with 1,500,000 datasets, in-depth secondary research, and unique insights from industry leaders, we provide the information you need to stay ahead.
Our premier product, the Global Market Model is a market intelligence platform that delivers comprehensive and updated forecasts to support informed decision-making.
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 Exponential Growth Forecasted for Global Artificial Intelligence Chip Market: Surge Predicted due to Advancements in Technological Domains here
News-ID: 3810822 • Views: …
More Releases from The Business research company
Leading Companies Reinforce Their Presence in the Blanket Market
The blanket market is steadily gaining traction as consumers increasingly seek comfort and style in their home essentials. With evolving preferences and technological advancements, this sector is set to experience consistent growth. Let's explore the current market value, key players, emerging trends, and the main segments fueling this expansion.
Forecasted Blanket Market Size and Growth Trajectory
The blanket market has seen consistent growth over recent years. From a market size…
Global Trends Review: The Rapid Evolution of the Sporting and Athletic Goods Mar …
The sporting and athletic goods market is experiencing steady growth, driven by evolving consumer preferences and technological advancements. As health and wellness continue to gain importance globally, this market is set for notable expansion in the coming years. Let's explore the current market size, key factors fueling its growth, leading companies, major trends, and segmentation details.
Forecast for Sporting and Athletic Goods Market Size Through 2029
The sporting and athletic…
Train Seat Market Overview, Key Growth Factors, and Insights on Top Players
The train seat industry is experiencing notable growth, driven by advancements in technology and increasing demand for improved passenger comfort. As rail travel evolves, so does the need for innovative, efficient, and adaptable seating solutions that cater to modern requirements. Let's explore the current market status, key players, trends, and segments shaping the future of train seating.
Train Seat Market Size and Growth Expectations
The train seat market has seen…
Leading Companies Solidifying Their Presence in the Spunbond Nonwovens Market
The spunbond nonwovens industry has been experiencing notable growth and shows promising prospects for the coming years. This expanding market is being driven by several innovations and increasing demand across diverse sectors, signaling a robust future.
Projected Growth and Market Size of the Spunbond Nonwovens Market
The spunbond nonwovens market has demonstrated solid expansion recently, with its size expected to rise from $15.57 billion in 2024 to $16.59 billion in…
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,…
