Press release
Artificial Intelligence Chipsets Market Research Report on Growth, Share, Value, Size, and Analysis
The growing adoption of Artificial Intelligence (AI)-backed applications and devices across various industries such as consumer electronics, healthcare, BFSI, and automotive has led to exponential growth in demand for AI chipsets globally. The high volume of data generation from various sources, including IoT devices and social media, has necessitated the presence of powerful hardware capable of processing and analyzing large datasets. AI chipsets are well-suited for these tasks, top to increased adoption by the data processing industry. With the explosion of AI technology in untapped regions such as Asia Pacific and Africa, the AI chipset industry is anticipated to experience exponential growth over the forecast period.The Artificial Intelligence Chipsets Market is Valued USD 51.20 billion in 2024 and projected to reach USD 280.46 billion by 2032, growing at a CAGR of 20.8% During the Forecast period of 2024-2032.
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The report presents authenticated data derived from extensive primary and secondary research. By analysing historical growth trends and the current market landscape, it aims to provide actionable insights and forecasts for global and regional market growth. It takes into account revenue generated from report sales and related technologies across various application segments while exploring market data tables. Key market factors, including macroeconomic conditions, the overall market environment, government policies, and the competitive landscape, are carefully examined to ensure a comprehensive analysis.
Top companies covered in this report: Google, Samsung Electronics, Microsoft, Micron Technology, Qualcomm Technologies, Intel, Amazon Web Services (AWS), IBM, Nvidia, and Xilinx among others.
Industry News:
In August 2024, AMD completed the acquisition of Silo AI, a European AI lab. With this strategic move, AMD aims to expand its AI model portfolio by integrating the experience and expertise of the engineers and scientists at Silo AI, who have previously served several prominent clients. The Silo AI team has been responsible for developing multilingual, open-source Large Language Models such as Viking and Poro on AMD platforms.
In July 2024, Qualcomm announced that its flagship mobile device processor, Snapdragon 8 Gen 3, would be powering the Samsung Galaxy Z Flip6 and Galaxy Z Fold6 series of premium smartphones. The new processor will be equipped with enhanced capabilities to perform advanced creativity and productivity tasks by leveraging Galaxy AI, such as in gaming, camera features, and connectivity.
Artificial Intelligence Chipsets Market Segmentation:
By Product
Graphics processing unit (GPU)
Application Specific Integrated Circuit (ASIC)
Central Processing Unit (CPU)
Field-Programmable Gate Array (FPGA)
By Technology
Natural Language Processing (NLP)
Robotic Process Automation (RPA)
Computer vision
Network security
Machine Learning
Deep Learning
Supervised Learning
Reinforced Learning
Unsupervised Learning
Others
By End-user
Media & advertising
Consumer electronics
BFSI
IT & Telecom
Retail
Healthcare
Automotive
Others
Regional Analysis
North America (USA and Canada)
Europe (UK, Germany, France and rest of Europe)
Asia-Pacific (China, Japan, India, and Rest of Asia Pacific)
Latin America (Brazil, Mexico, and Rest of Latin America)
Middle East and Africa (GCC and Rest of the Middle East and Africa)
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Important Features of the reports:
- Detailed analysis of the Artificial Intelligence Chipsets Market
- Fluctuating market dynamics of the industry
- Detailed market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape of the Artificial Intelligence Chipsets Market
- Strategies of key players and product offerings
- Potential and niche segments/regions exhibiting promising growth
- A neutral perspective towards Artificial Intelligence Chipsets Market performance.
The report provides insights on the following pointers:
Market Penetration: Comprehensive information on the product portfolios of the top players in the Artificial Intelligence Chipsets Market.
Product Development/Innovation: Detailed insights on upcoming technologies, R&D activities, and product launches in the market.
Competitive Assessment: In-depth assessment of the market strategies, and geographic and business segments of the leading players in the market.
Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies.
Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Artificial Intelligence Chipsets Market
How big will the market and growth rate be in 2032?
What are the key drivers for the global Artificial Intelligence Chipsets Market?
What are the major market trends influencing the growth of the global Artificial Intelligence Chipsets Market?
What are the challenges for market growth?
Who are the key vendors in the global Artificial Intelligence Chipsets Market?
What market opportunities and threats are vendors facing in the global Artificial Intelligence Chipsets Market?
What are the main findings of the five forces analysis of the global Artificial Intelligence Chipsets Market?
Conclusion: At the end of the Artificial Intelligence Chipsets Market report, all findings and estimates are presented. It also includes key drivers and opportunities and regional analysis. The Segmental analysis is also provided in terms of type and application.
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