Press release
AI ASIC Chips Market : Revenue Share, Insights & Future Outlook
AI ASIC Chips Market Size: What Are the Growth Projections Through 2031?The global market for AI ASIC Chips was valued at US$ million in the year 2024 and is projected to reach a revised size of US$ million by 2031, growing at a CAGR of % during the forecast period.
Which Regions Are Leading the AI ASIC Chips Market Expansion?
The North American market for AI ASIC Chips is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031. The Asia-Pacific market for AI ASIC Chips is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
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Who Are the Key Companies Shaping the AI ASIC Chips Market?
Company Specializations:
• Intel: Specializes in high-performance AI ASICs for data center and edge applications.
• AMD: Provides AI accelerators optimized for inference and training workloads.
• Huawei: Focused on AI chip solutions for cloud computing and mobile devices.
• Graphcore: Specializes in AI-specific processors for machine learning workloads.
• Mythic: Offers edge AI chips optimized for low-power, high-efficiency inference.
• Nvidia: Known for powerful AI accelerators for training and deep learning applications.
• Alphabet: Develops TPU ASICs tailored for AI workloads in cloud platforms.
• Apple: Focused on AI ASICs for consumer devices and on-device intelligence.
• Qualcomm: Provides AI chips for mobile and IoT edge applications.
Market Segmentation
By Type:
• Inference Accelerators
• Training Accelerators
• Edge AI Chips
• Spiking Neural Network Chips
• Quantum AI Chips
• Hybrid AI Chips
By Application:
• AI Training
• AI Service
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