Artificial Intelligence (Chipsets) Market Forecast 2025-2034: Evaluating Growth Factors, Segments, and Emerging Trends

Which drivers are expected to have the greatest impact on the over the artificial intelligence (chipsets) market's growth?
The anticipated increase in the need for autonomous vehicles is seen as a key driver for the expansion of the artificial intelligence (chipsets) market in the future. Autonomous vehicles, also referred to as self-driving or driverless cars, are capable of driving and functioning on roads without any direct human involvement. The usage of artificial intelligence chipsets in these vehicles aids in processing sensor data, examining the nearby environment, making decisions in real-time and granting a secure and effective navigation without human interference. For instance, the National Highway Traffic Safety Administration (NHTSA), a government agency from the U.S., stated in December 2022 that it expects there to be roughly 3.5 million autonomous vehicles on U.S. roads by 2025 and this figure is predicted to hit 5.5 million by 2030. Given these projections, the escalating demand for autonomous vehicles is effectively propelling the advancement of the artificial intelligence (chipsets) market.

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What is the future CAGR of the artificial intelligence (chipsets) market, and how will it impact industry expansion?
There has been a rapid expansion in the market size of artificial intelligence (chipsets) over the past few years. Forecasts suggest that its size will increase from $23.81 billion in 2024 to a whopping $31.33 billion in 2025, with an impressive compound annual growth rate (CAGR) of 31.6%. Factors contributing to this growth during the previous period include advancements in machine learning algorithms, the rise in big data analytics, an escalating demand for computational power, progress in neural network studies, and booming cloud computing infrastructure.

The market size for artificial intelligence (chipsets) is projected to experience significant growth in the coming years, estimated to reach $92.41 billion in 2029, with a compound annual growth rate (CAGR) of 31.0%. This growth during the forecast period can be attributed to several factors, including the rapid adoption of AI across various industry sectors, the development of edge computing capabilities, increasing demand for unique AI chipsets, and greater investment in AI research and development. Key trends during this period will be the evolution of AI chip architectures, the integration of AI into new application domains, advancements in natural language processing, the emergence of explainable AI for improved transparency, and the incorporation of AI into robotics and automation.

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What are the most significant trends transforming the artificial intelligence (chipsets) market today?
Innovation in product design is becoming a prominent trend within the artificial intelligence (chipsets) market. Leading corporations in this sector are intensifying their focus on creating innovative solutions to offer dependable services to their clients. For example, the US-based semiconductor company, Advanced Micro Devices, Inc., unveiled its latest artificially intelligent accelerator chip, the AMD Instinct MI300X, in December 2023. This chip boasts a memory capacity of 192 gigabytes and provides around 1.9x the energy efficiency in terms of performance. With a peak theoretical memory bandwidth reaching 5.3 terabytes per second, it surpasses its predecessor, the MI250X, by 1.5 times and 1.7 times in capabilities.

Which key market segments comprise the artificial intelligence (chipsets) market and drive its revenue growth?
The artificial intelligence (chipsets) market covered in this report is segmented -

1) By Hardware: Processor, Memory, Network
2) By Technology: Machine Learning, Natural Language Processing, Context-Aware Computing, Computer Vision, Predictive Analysis
3) By Function: Training, Inference
4) By Computing Technology: Cloud AI Computing, Edge AI Computing
5) By Industry Vertical: Consumer Electronics, Media And Advertising, Banking, Financial Services And Insurance (BFSI), Information Technology (IT) And Telecom, Retail, Healthcare, Automotive, Other Industry Verticals

Subsegments:
1) By Processor: Central Processing Units (CPUs), Graphics Processing Units (GPUs), Application-Specific Integrated Circuits (ASICs), Field-Programmable Gate Arrays (FPGAs), Digital Signal Processors (DSPs)
2) By Memory: Dynamic Random Access Memory (DRAM), Static Random Access Memory (SRAM), Non-Volatile Memory (NVM), Flash Memory
3) By Network: Network Interface Cards (NICs), Network Processors, Switches And Routers

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What regions are at the forefront of artificial intelligence (chipsets) market expansion?
North America was the largest region in the artificial intelligence (chipsets) market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the artificial intelligence (chipsets) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Who are the leading players fueling growth in the artificial intelligence (chipsets) market?
Major companies operating in the artificial intelligence (chipsets) market include Apple Inc., Alphabet Inc., Samsung Electronics Co. Ltd., Microsoft Corporation, Huawei Technologies Co. Ltd., Intel Corporation, International Business Machines Corporation, Qualcomm Technologies Inc., Micron Technology Inc., NVIDIA Corporation, AMD, MediaTek Inc., Baidu Inc., Xilinx Inc., Ampere Computing LLC, Cambricon Technologies Corporation, Horizon Robotics Inc., VeriSilicon Holdings Co., Cerebras Systems Inc., Greenwave Technology Solutions, Hailo, Graphcore Limited, SambaNova Systems Inc., Mythic Inc., Wave Computing Inc., Esperanto Technologies Inc., CogniTensor Inc., Syntiant Corporation, Tenstorrent Inc., BrainChip Holdings Ltd.

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What Is Covered In The Artificial Intelligence (Chipsets) Global Market Report?

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

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