Key Trends Shaping the Future Artificial Intelligence Chip Market From 2025-2034: Atom Ai Chip And Technological Advancements In The Ai Chip Market

What combination of drivers is leading to accelerated growth in the artificial intelligence chip market?
The rise in preference for smart homes and smart cities is projected to spur the expansion of the artificial intelligence chips market. A smart city is defined as an urban area that leverages digital or information-communication technologies to enhance the comfort and efficiency of human living. A significant strategy for urbanisation, focusing on achieving sustainable growth, involves outfitting cities with advanced characteristics for residents' life, mobility, and commerce, thereby making their lives safer and more convenient. Case in point, in March 2022, an article published by Arab News, a Middle Eastern English-language daily newspaper, reported the launch of a new smart city project in Jeddah by Saudi Arabia. The project, aimed at light industries and auto repair, kick-started the first two phases of the city, including a 500,000 square metre labour city. An expansive 5 million square metre area is incorporated within the Smart City framework. Moreover, Saudi Vision 2030, a strategic framework founded in Saudi Arabia, distinguishes the city through its interconnected infrastructure and the usage of digital and smart technologies to provide automated services to consumers. Hence, the surging demand for smart homes and smart cities is fuelling the expansion of the artificial intelligence chips market.

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What is the projected compound annual growth rate (CAGR) of the artificial intelligence chip market from 2025 to 2034, and what factors influence it?
The market size for artificial intelligence chips has observed substantial growth in the last few years. The market value is expected to surge from $29.65 billion in 2024 to $40.79 billion in 2025, marking a compound annual growth rate (CAGR) of 37.6%. The remarkable growth during the historical period is primarily due to the surge in data generation, growth within the healthcare sector, increased investment in AI research and development, expansion of retail and e-commerce, and overall economic growth.

The market size of artificial intelligence chips is projected to experience an accelerated expansion in the upcoming years, escalating to a value of $164.07 billion in 2029. This indicates a compound annual growth rate (CAGR) of 41.6%. The predicted growth during this timeframe can be ascribed to the increasing requirement for applications that heavily depend on data, enhancements in machine learning algorithms, expansion of the automotive industry, and growth in financial services along with urbanization. Significant trends anticipated in the forecast period involve customized AI hardware, edge AI acceleration, the integration of quantum computing, neuromorphic computing, and energy-efficient AI chips.

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How are the latest trends influencing the growth of the artificial intelligence chip market?
Leading enterprises in the artificial intelligence chips market are making progress with new technological advancements and R&D in this sector, introducing offerings like the Atom AI chip, which excels in running computer vision and chatbot AI applications. For instance, in February 2023, Rebellions Inc., a firm based in South Korea specializing in the creation of generative AI chips, unveiled the Atom. This chip utilizes a distinctive decentralized programming model and technology, allowing consumers to equip themselves with exceptionally powerful, energy-efficient AI hardware and seamless software integration. This newly launched chip is engineered to use approximately 20% of the energy other powerful chips in the market consume and is anticipated to deliver a domain-specific AI processor in conjunction with optimized software.

What are the major segments of the artificial intelligence chip market and their role in driving growth?
The artificial intelligence chip market covered in this report is segmented -

1) By Chip Type: GPU, ASIC, FPGA, CPU, Other Chip Types
2) By Processing Type: Edge, Cloud
3) By Technology: System-On-Chip (SoC), System-In-Package (SIP), Multi-Chip Module, Other Technologies
4) By Application: Natural Language Processing (NLP), Robotics, Computer Vision, Network Security, Other Applications
5) By Industry: Media and Advertising, BFSI, IT and Telecom, Retail, Healthcare, Automotive and Transportation, Other Industries

Subsegments:
1) By GPU (Graphics Processing Unit): Consumer GPUs, Data Center GPUs, Integrated GPUs
2) By ASIC (Application-Specific Integrated Circuit): Deep Learning ASICs, Neuromorphic ASICs
3) By FPGA (Field-Programmable Gate Array): Standard FPGAs, High-Performance FPGAs
4) By CPU (Central Processing Unit): General-Purpose CPUs, AI-Optimized CPUs
5) By Other Chip Types: DSP (Digital Signal Processor), RISC-V Chips, Hybrid Chips

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Which regions are key players in the growth of the artificial intelligence chip market?
North America was the largest region in the artificial intelligence chip market in 2024. The regions covered in the artificial intelligence chip market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Who are the key firms paving the way for growth in the artificial intelligence chip market?
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.

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What Is Covered In The Artificial Intelligence Chip Global Market Report?

•Market Size Forecast: Examine the artificial intelligence chip market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the artificial intelligence chip market for a structured understanding.
•Key Players Overview: Analyze major players in the artificial intelligence chip market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the artificial intelligence chip market.
•Segment Contributions: Evaluate how different segments drive overall growth in the artificial intelligence chip market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the artificial intelligence chip market.
•Industry Challenges: Identify potential risks and obstacles affecting the artificial intelligence chip market.
•Competitive Landscape: Review strategic developments in the artificial intelligence chip market, including expansions, agreements, and new product launches.

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