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Impact Of IoT Devices Adoption On The Deep Learning Chipset Market Growth Driver: A Major Catalyst in the Evolution of the Deep Learning Chipset Market in 2025
What industry-specific factors are fueling the growth of the deep learning chipset market?The increasing use of Internet of Things (IoT) devices is expected to drive the deep learning chipset market. IoT devices are embedded with sensors and software, allowing them to connect to the internet and exchange data. The adoption of IoT is increasing due to advancements in AI, lower sensor costs, and the demand for automation. IoT devices generate substantial data that deep learning chipsets process to enhance AI capabilities, supporting real-time analysis and decision-making. In September 2022, Ericsson reported that global IoT connections reached 13.2 billion in 2022 and are expected to grow by 18% to 34.7 billion by 2028. Therefore, the growing IoT adoption is fueling the demand for deep learning chipsets.
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What Is the projected market size and growth rate for the deep learning chipset market?
The deep learning chipset market is expected to grow from $9.47 billion in 2024 to $12.1 billion in 2025 at a CAGR of 27.8%. This rapid growth is attributed to the need to process large amounts of data, the rise of cloud computing, the development of AI applications, government investments, and advancements in AI frameworks and libraries.
The deep learning chipset market is expected to reach $32.11 billion by 2029, growing at a CAGR of 27.6%. The growth is fueled by the rise of autonomous systems, the emergence of 5G technology, increasing focus on energy efficiency, the expansion of IoT, and the rising demand for automobiles. Trends include advancements in neuromorphic computing, AI hardware customization, energy-efficient AI solutions, AI-powered healthcare devices, and the adoption of cloud-based technologies.
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What new trends are reshaping the deep learning chipset market and its opportunities?
Companies in the deep learning chipset market are developing advanced processors like deep-learning processors to improve computational efficiency and processing speeds for complex AI applications. For example, in May 2022, Habana Labs launched its Gaudi2 and Greco deep learning processors, significantly improving performance compared to previous models and offering scalable training settings with reduced reliance on proprietary technology.
What major market segments define the scope and growth of the deep learning chipset market?
The deep learning chipset market covered in this report is segmented -
1) By Type: Graphics Processing Units (GPUs), Central Processing Units (CPUs), Application Specific Integrated Circuits (ASICs), Field Programmable Gate Arrays (FPGAs), Other Types
2) By Technology: System-On-Chip (SOC), System-In-Package (SIP), Multi-Chip Module, Other Technologies
3) By Compute Capacity: High, Low
4) By End-User Industry: Healthcare, Automotive, Retail, Banking, Financial Services, And Insurance (BFSI), Manufacturing, Telecommunications, Energy, Other End-User Industries
Subsegments:
1) By Graphics Processing Units (Gpus): Consumer Gpus, Data Center Gpus, Server Gpus, Integrated Gpus, Cloud Gpus
2) By Central Processing Units (Cpus): Multi-Core Cpus, High-Performance Cpus, Server Cpus, Consumer Cpus
3) By Application Specific Integrated Circuits (Asics): Deep Learning Asics, Tensor Processing Units (Tpus), Cryptocurrency Mining Asics, Custom Ai Asics
4) By Field Programmable Gate Arrays (Fpgas): General-Purpose Fpgas, Ai-Optimized Fpgas, High-Performance Fpgas
5) By Other Types: Neuromorphic Chips, Quantum Chips, Edge Ai Chips, Hybrid Chips (Combination Of Different Chip Architectures)
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Which region dominates the deep learning chipset market?
North America was the largest region in the deep learning chipset market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the deep learning chipset market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Which key market leaders are driving the deep learning chipset industry growth?
Major companies operating in the deep learning chipset market are Apple Inc., Microsoft Corporation, Samsung Electronics Co. Ltd., Huawei Technologies Co. Ltd., Amazon Web Services Inc., Intel Corporation, International Business Machines Corporation, Qualcomm Technologies Inc., Micron Technology Inc., NVIDIA Corporation, Advanced Micro Devices Inc., Texas Instruments Incorporated, MediaTek Inc., NXP Semiconductors, INSPUR Co. Ltd., Cambricon Technologies, Rockchip, Cerebras Systems Inc., Mythic, Habana Labs Ltd., BrainChip Inc.
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What Is Covered In The Deep Learning Chipset Global Market Report?
•Market Size Forecast: Examine the deep learning chipset market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the deep learning chipset market for a structured understanding.
•Key Players Overview: Analyze major players in the deep learning chipset market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the deep learning chipset market.
•Segment Contributions: Evaluate how different segments drive overall growth in the deep learning chipset market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the deep learning chipset market.
•Industry Challenges: Identify potential risks and obstacles affecting the deep learning chipset market.
•Competitive Landscape: Review strategic developments in the deep learning chipset market, including expansions, agreements, and new product launches.
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