Artificial Intelligence (AI) Chipset Market is predicted to reach USD 41.1 Billion at a CAGR of 39.18% during the forecast period

Market Research Future (MRFR) has published a cooked research report on the “Global Artificial Intelligence (AI) Chipset Market".


MRFR recognizes the following companies as the key players in the global Artificial Intelligence (AI) Chipset Market — IBM Corporation (US), Micro Technology (US), Samsung Electronics Co. Ltd (South Korea), Advanced Micro Devices (US), Huawei Technologies Co. Ltd (China), Intel Corporation (US), Qualcomm Technologies Inc. (US), and NVIDIA Corporation (US)


Market Highlights


The global Artificial Intelligence (AI) Chipset Market is accounted to register a CAGR of 39.18% during the forecast period and is estimated to reach USD 41.1 Billion by 2032.


The Artificial Intelligence (AI) chipset market refers to the industry that produces specialized hardware components designed to accelerate and optimize AI-related tasks. These chipsets are tailored to handle the complex computations required for various AI applications, such as machine learning, deep learning, neural networks, natural language processing, computer vision, and more.


Segment Analysis


The global Artificial Intelligence (AI) Chipset Market has been segmented based on Component, Technology, and Application.


The Artificial Intelligence (AI) Chipset Market segmentation, based on components, includes hardware {processors [CPU, GPU, ASIC, and FPGA], memory, and network}, and software. The hardware segment dominated the market, accounting for 35% of market revenue (78.48 Billion). In developing economies, category growth is driven by the growing adoption of GPUs at edge devices, enhanced 3D gaming, AR/VR, virtual assistance, and others. However, software is the fastest-growing category due to rising business process automation and digitization.


The Artificial Intelligence (AI) Chipset Market segmentation, based on technology, includes machine learning, natural language processing, and others. The machine learning category generated the most income due to the growing adoption of cloud-based assistance, proliferation in data generation, technological advancement, and rising unstructured data. However, natural language processing is the fastest-growing category owing to the growing demand for AI for the automation of several tasks across the automotive, consumer electronics, and manufacturing industries.


The Artificial Intelligence (AI) Chipset Market segmentation, based on application, includes smartphones, smart wearables, robotics, automobile, security systems, and medical imaging. The smartphone segment dominated the market, accounting for major market revenue. In developing economies, category growth is driven by an increased focus on developing smartphone AI chips. However, security systems are the fastest-growing category as they help reduce risks and prevent loss and damage.


Browse In-depth Details [Table of Content, List of Figures, List of Tables] of Artificial Intelligence (AI) Chipset Market Research Report


Regional Analysis


The global Artificial Intelligence (AI) Chipset Market, based on region, has been divided into North America, Europe, Asia-Pacific and the Rest of the World. The North American artificial intelligence (AI) chipset market will dominate this market, owing to increasing government investments in R&D and the availability of established IT infrastructure, which will boost the market growth in this region. Further, the US artificial intelligence (AI) chipset market held the largest market share, and the Canadian artificial intelligence (AI) chipset market was the fastest-growing market in the North American region. Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.


Europe's artificial intelligence (AI) chipset market accounts for the second-largest market share due to the growing adoption of AI technology in various industries, including automotive, manufacturing, healthcare, retail, and advertising. Further, the German artificial intelligence (AI) chipset market held the largest market share, and the UK artificial intelligence (AI) chipset market was the fastest-growing market in the European region.


The Asia-Pacific artificial intelligence (AI) chipset market is expected to grow at the fastest CAGR from 2023 to 2032. This is owing to the rising investments in Al technology. The manufacturing sector is adopting the latest and modern methods of production, which has supported the deployment of Al chips. Moreover, China’s artificial intelligence (AI) chipset market held the largest market share, and the Indian artificial intelligence (AI) chipset market was the fastest-growing market in the Asia-Pacific region.


Key Findings of the Study



  • The global Artificial Intelligence (AI) Chipset Market is expected to reach USD 41.1 Billion by 2032, at a CAGR of 39.18% during the forecast period.

  • The Asia-Pacific artificial intelligence (AI) chipset market is expected to grow at the fastest CAGR from 2023 to 2032. This is owing to the rising investments in Al technology. The manufacturing sector is adopting the latest and modern methods of production, which has supported the deployment of Al chips.

  • The Artificial Intelligence (AI) Chipset Market segmentation, based on components, includes hardware {processors [CPU, GPU, ASIC, and FPGA], memory, and network}, and software. The hardware segment dominated the market, accounting for 35% of market revenue (78.48 Billion).

  • IBM Corporation (US), Micro Technology (US), Samsung Electronics Co. Ltd (South Korea), Advanced Micro Devices (US), Huawei Technologies Co. Ltd (China), Intel Corporation (US), Qualcomm Technologies Inc. (US), and NVIDIA Corporation (US)

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