Press release
Leading Element Driving Change in the Artificial Intelligence (AI) Chipsets Market in 2025: Surging Demand For Autonomous Vehicles To Drive Market Growth Driver
Artificial Intelligence (AI) Chipsets Market
The burgeoning need for autonomous vehicles is predicted to spur the artificial intelligence (AI) chipset market's expansion in the future. Autonomous vehicles, also referred to as driverless cars, possess the ability to function and carry out essential tasks without human intervention, owing to their ability to perceive their surroundings. AI chipsets are critical for autonomous vehicle functionality as they provide the necessary processing power, machine learning capabilities, and on-the-spot decision-making needed for safe and effective autonomous driving. For example, projections from the National Association of Insurance Commissioners, a non-profit organization based in the US, indicate that there will be 3.5 million autonomous vehicles plying American roads by 2025, and 4.5 million by 2030. Consequently, the rising trend of autonomous vehicles is set to fuel the growth of the AI chipset market.
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What growth opportunities are expected to drive the artificial intelligence (ai) chipsets market's CAGR through 2034?
The market size of artificial intelligence (AI) chipsets has witnessed rapid expansion over the past few years. The value is expected to escalate from $20.43 billion in 2024 to reach $28.36 billion in 2025, indicating a compound annual growth rate (CAGR) of 38.9%. Factors contributing to the significant growth in the historic period comprise the surge in machine learning applications, progress in deep learning technologies, amplified data analytics, expanded use of AI in consumer electronics, as well as the growth of cloud computing.
Expectations are high for the artificial intelligence (AI) chipsets market, which is speculated to expand dramatically in the next several years. By 2029, it is forecasted to reach $100.14 billion with a significant compound annual growth rate (CAGR) of 37.1%. The predicted growth within this period is linked to an increase in demand for AI applications in self-driving vehicles, an upsurge in AI chipsets employed for natural language processing, the rise of AI in providing cybersecurity solutions, and the expansion of AI-powered IoT devices. Customized AI chipsets for specific industries also contribute to this expansion. The prospective trends within this period encompass the evolution of brand-new neuromorphic chipsets, the advancement in semiconductor production, progression in quantum computing, partnerships with AI software developers, the utilization of AI chipsets in real-time video analysis, and emphasis on developing energy-efficient AI chip designs.
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What are the emerging trends shaping the future of the artificial intelligence (ai) chipsets market?
The emergence of product innovations is a significant trend in the artificial intelligence (AI) chipsets market. Major industry players are adopting innovative strategies to consolidate their market position. For instance, Nvidia Corporation, an American manufacturer of AI hardware and software, unveiled the GeForce RTX 40 Series of GPUs in September 2022. The RTX 40 series GPU introduces several advanced features including streaming multiprocessors, third-gen RT cores, fourth-gen tensor cores, shader execution reordering, an Ada optical flow accelerator and dual Nvidia encoders. These features are designed to deliver unparalleled performance to gamers and creators, underpinned by its latest flagship GPU, the RTX 4090, offering up to four times the performance of previous models.
Which growth-oriented segments of the artificial intelligence (ai) chipsets market are leading the industry's development?
The artificial intelligence (AI) chipsets market covered in this report is segmented -
1) By Hardware: Processor, Memory, Network
2) By Function: Training, Inference
3) By Technology: Machine Learning, Natural Language Processing, Context-Aware Computing, Computer Vision, Predictive Analysis
4) By End-User: Healthcare, Manufacturing, Automotive, Agriculture, Retail, Cybersecurity, Human Resources, marketing, Law, Other End-Users
Subsegments:
1) By Processor: Central Processing Units (CPUs), Graphics Processing Units (GPUs), Tensor Processing Units (TPUs), Application-Specific Integrated Circuits (ASICs), Field-Programmable Gate Arrays (FPGAs)
2) By Memory: Dynamic Random-Access Memory (DRAM), Flash Memory, Storage Class Memory (SCM)
3) By Network: Network Interface Cards (NICs), Routers And Switches, Wireless Communication Devices, Network Processors
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What regions are leading the charge in the artificial intelligence (ai) chipsets market?
North America was the largest region in the artificial intelligence (AI) chipsets market in 2024. The regions covered in the artificial intelligence (AI) chipsets market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
What companies are at the forefront of innovation in the artificial intelligence (ai) chipsets market?
Major companies operating in the artificial intelligence (AI) chipsets market include Apple Inc., Alphabet Inc., Samsung Electronics Co. Ltd., Microsoft Corporation, Huawei Technologies Corporate Limited, Intel Corp., International Business Machines Corporation (IBM), Qualcomm Technologies, Broadcom Limited, Micron Technology Inc., Toshiba Corporation, Nvidia Corporation, Advanced Micro Devices Inc., Texas Instruments, MediaTek Inc., Baidu Inc., STMicroelectronics, Infineon Technologies, Renesas Electronics Corporation, NXP Semiconductors NV, Synopsys Inc., Cadence Design Systems Inc., Xilinx Inc., Arm Holdings, Graphcore Limited, Mythic Ltd., SambaNova Systems
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What Is Covered In The Artificial Intelligence (AI) Chipsets Global Market Report?
• Market Size Forecast: Examine the artificial intelligence (ai) chipsets market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the artificial intelligence (ai) chipsets market for a structured understanding.
• Key Players Overview: Analyze major players in the artificial intelligence (ai) chipsets market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the artificial intelligence (ai) chipsets market.
• Segment Contributions: Evaluate how different segments drive overall growth in the artificial intelligence (ai) chipsets market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the artificial intelligence (ai) chipsets market.
• Industry Challenges: Identify potential risks and obstacles affecting the artificial intelligence (ai) chipsets market.
• Competitive Landscape: Review strategic developments in the artificial intelligence (ai) chipsets market, including expansions, agreements, and new product launches.
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