Growing Adoption Of Cloud-Based Solutions Is Driving The Growth Of The Generative AI Chipset Market. Driver: Leading Transformation in the Generative Artificial Intelligence (AI) Chipset Market in 2025

What Are the Projected Growth and Market Size Trends for the Generative Artificial Intelligence (AI) Chipset Market?
The market size of the generative artificial intelligence (AI) chipset has experienced a significant surge in recent times. The market's increase is expected to go from $32.2 billion in 2024 to $41.26 billion in 2025, with a compound annual growth rate (CAGR) of 28.1%. The remarkable growth observed in the historic period can be credited to the rise in computational power needs, deep learning augmentation, surge in AI research investments, growing demand for real-time AI processing, and an escalating consumer fascination with AI-integrated devices.

In the coming years, the market size for generative artificial intelligence (AI) chipsets is predicted to experience a rapid increase. It is projected to escalate to $110.15 billion by 2029, with a compound annual growth rate (CAGR) of 27.8%. Various factors contributing to the projected growth during this period include the surge in big data, the evolution of GPUs, expansion of cloud computing, support for mixed precision computing, and government support and funding. Major anticipated trends within this period are merging with edge computing, compatibility with FPGA and ASIC technologies, advanced cooling mechanisms, compatibility across different platforms, and improved interconnect technology.

What Is Driving the Growth Trajectory of the Generative Artificial Intelligence (AI) Chipset Market?
The rise in the use of cloud-based solutions is anticipated to stimulate the generative artificial intelligence (AI) chipset market's expansion. These cloud-based solutions denote services and resources delivered via the internet instead of being stored on local servers or hardware. The surge in the adoption of these solutions can be attributed to their provision of scalable resources, cost efficiency, and the flexibility they offer in accessing data and applications from any location, thereby enhancing operational flexibility and minimizing infrastructure expenditure for companies. Generative AI chipsets augment cloud-based solutions by hastening the processing of intricate AI models, improving data handling efficacy, and facilitating real-time, high-performance calculations. This, in turn, fosters the development of more sophisticated and quicker cloud services and apps. For example, as reported by Eurostat, a government agency headquartered in Luxembourg, in December 2023, 42.5% of EU businesses utilized cloud computing services, mainly for email, file storage, and office software. This represented a 4.2 percentage point hike from 2021. Consequently, the rise in the use of cloud-based solutions is fueling the expansion of the generative artificial intelligence (AI) chipset market.

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Which Leading Companies Are Shaping the Growth of the Generative Artificial Intelligence (AI) Chipset Market?
Major companies operating in the generative artificial intelligence (AI) chipset market are Samsung Electronics Co Ltd., Microsoft Corporation, Huawei Technologies Co. Ltd., Amazon Web Services Inc., LG Electronics Inc., Intel Corporation, Cisco Systems Inc., Qualcomm Technologies Inc., Broadcom Inc., Micron Technology Inc., NVIDIA Corporation, Advanced Micro Devices Inc., MediaTek Inc., Synopsys Inc., Arm Holdings plc, Lattice Semiconductor Corporation., Rambus Inc., Cerebras Systems Inc., Hailo Technologies Ltd., SiMa.ai Inc

What Are the Major Trends Shaping the Generative Artificial Intelligence (AI) Chipset Market?
Key players in the generative artificial intelligence (AI) chipset industry are investing in the innovation of advanced solutions like high-tier mobile platforms with a view to improve on-device generative AI capabilities. This includes upscale mobile devices equipped with sophisticated AI hardware capable of generating and refining content and improving end-user experiences. For example, in October 2023, a US semiconductor firm, Qualcomm Technologies Inc., introduced the cutting-edge Snapdragon 8 Gen 3 chipset specifically designed to increase the generative AI capabilities of flagship smartphones. The Snapdragon 8 Gen 3 is built to facilitate complex generative AI applications, thus allowing smartphones to perform functions such as live voice translation, automatic content generation, and enhanced photo editing directly on the device. This shift towards on-device processing reduces dependence on cloud-based services, resulting in quicker speeds and increased user privacy.

What Are the Key Segments of the Generative Artificial Intelligence (AI) Chipset Market?
The generative artificial intelligence (AI) chipset market covered in this report is segmented -

1) By Type: Central Processing Unit (CPU), Graphics Processing Unit (GPU), Field-Programmable Gate Array (FPGA), Application-Specific Integrated Circuit (ASIC), Other Types
2) By Application: Information Cognition, Traffic Prediction And Classification, Resource Management And Network Adoption, Performance Prediction And Configuration Extrapolation
3) By End-Use: Automotive, Banking, Financial Services, And Insurance (BFSI), Consumer Electronics, Healthcare, Manufacturing, Retail, Telecommunication, Other End Users

Subsegments:
1) By Central Processing Unit (CPU): General-Purpose CPUs, Multi-Core CPUs, High-Performance CPUs, Low-Power CPUs
2) By Graphics Processing Unit (GPU): Integrated GPUs, Dedicated GPUs, High-End GPUs, Mid-Range GPUs, Low-End GPUs
3) By Field-Programmable Gate Array (FPGA): High-Density FPGAs, Low-Density FPGAs, High-Speed FPGAs, Low-Power FPGAs
4) By Application-Specific Integrated Circuit (ASIC): Neural Network ASICs, Digital Signal Processing ASICs, Mixed-Signal ASICs, Custom ASICs
5) By Other Types: Digital Signal Processors (DSP), System-On-Chip (SoC), Neuromorphic Chips, Quantum Chips

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Which Region Dominates the Generative Artificial Intelligence (AI) Chipset Market?
North America was the largest region in the generative artificial intelligence (AI) chipset market in 2024. The regions covered in the generative artificial intelligence (AI) chipset market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What Is Covered In The Generative Artificial Intelligence (AI) Chipset Global Market Report?

- Market Size Analysis: Analyze the Generative Artificial Intelligence (AI) Chipset Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Generative Artificial Intelligence (AI) Chipset 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 Generative Artificial Intelligence (AI) Chipset Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Generative Artificial Intelligence (AI) Chipset Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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