Artificial Intelligence (AI) Chip Market: Anticipated Growth Trends through 2024-2031 - NVIDIA Corporation, Intel Corporation, Advanced Micro Devices Inc.(AMD).

The global Artificial Intelligence (AI) Chip market was valued at US$ 25.12 billion in 2022 and is estimated to grow at a CAGR of 38.41% during the forecast period (2024-2031) to reach a value of US$ 335.02 billion in 2031.

Artificial Intelligence (AI) Chip Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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Artificial Intelligence (AI) Chip is a specialized processor designed to accelerate AI computations, including deep learning and neural networks. These chips, such as GPUs, TPUs, and neuromorphic processors, enhance efficiency in AI-driven applications. AI chips are integral to edge computing, autonomous vehicles, and smart devices. Companies like NVIDIA, Intel, and Google are leading AI chip innovation.

List of the Key Players in the Artificial Intelligence (AI) Chip Market:

NVIDIA Corporation, Intel Corporation, Advanced Micro Devices Inc.(AMD), MediaTek Inc, Google, Samsung Electronics Co Ltd, Qualcomm Technologies Inc., Alphabet Inc., INTERNATIONAL BUSINESS MACHINES CORPORATION, Cambricon Technologies.

Industry Development:

In October 2023, Canadian startup Tenstorrent became a new AI chip customer for Samsung's contract chip manufacturing unit. As one of the companies challenging Nvidia's dominance in AI processors, Tenstorrent develops chips and intellectual property for data centers while also expanding into sectors like automotive.

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Growth Forecast Projected:

The Global Artificial Intelligence (AI) Chip Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global Artificial Intelligence (AI) Chip Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Segment Covered in the Artificial Intelligence (AI) Chip Market:

By Chip: Graphics Processing Unit (GPU), Application-Specific Integrated Circuit (ASIC), Field-Programmable Gate Array (FPGA), Central Processing Unit (CPU), Others.

By Processing: Cloud, Edge, By Technology, System On Chip, System in Package, Multi Chip Modul, Others.

By Application: Nature Language Processing, Robotics, Computer Vision, Network Security, Others.

By Industry Vertical: Media and Advertising, BFSI, IT and Telecom, Retail, Healthcare, Automotive and Transportation, Other.

Regional Analysis for Artificial Intelligence (AI) Chip Market:

The regional analysis of the Artificial Intelligence (AI) Chip Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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People Also Ask:

➠ What is the global sales, production, consumption, import, and export value of the Artificial Intelligence (AI) Chip market?

➠ Who are the leading manufacturers in the global Artificial Intelligence (AI) Chip industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?

➠ What opportunities and challenges do vendors in the global Artificial Intelligence (AI) Chip industry face?

➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?

➠ What are the key factors and limitations affecting the growth of the Artificial Intelligence (AI) Chip market?

➠ What are the various sales, marketing, and distribution channels in the global industry?

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