Evolve Business Intelligence has published a research report on the Global AI Chipset Market, 2023–2033. The global AI Chipset Market is projected to exhibit a CAGR of around 7.82%during the forecast period of 2023 to 2033.
Evolve Business Intelligence has recognized the following companies as the key players in the global AI Chipset Market: NVIDIA CORPORATION (US), Advanced Micro Devices Inc. (AMD), Google, Intel Corporation, Samsung Electronics Co. Ltd. Company, Micron Technology Inc, SK Hynic Inc, Apple Inc, Qualcomm Technologies INC. (Us) and huawei technologies co ltd.
The AI Chipset Market is projected to be valued at USD 2393.2 Billion by 2033, recording a CAGR of around 7.82% during the forecast period. The AI Chipset Market refers to the sector of semiconductor technology focused on the development and manufacturing of specialized chips designed to accelerate and optimize artificial intelligence (AI) processes. These chipsets are crucial for powering AI-driven devices and systems across various applications, from machine learning (ML) to deep learning (DL), computer vision, natural language processing (NLP), and more.
The AI Chipset Market is expected to grow at a rapid pace in the coming years, driven by the continued advancements in AI technology and the increasing demand for AI-powered solutions.
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Segmental Analysis
The AI Chipset Market has been segmented based on Source, Technology, Function and End User.
Based on Source, the AI Chipset Market is segmented into GPU, CPU, FPGA, NPU, TPU, Dojo & FSD, Trainium & Inferentia, Athena ASIC, T-head, MTIA, LPU, Memory, NIC/Network Adapters, Interconnects and Network. The (CPU) segment is anticipated to dominate the market.
Based on Technology, the AI Chipset Market has been divided into Generative AI, Machine Learning, Natural Language Processing and Computer Vision. The Machine Learning segment is anticipated to dominate the market.
Based on Function, the AI Chipset Market has been divided into Training and Inference. The Training segment is anticipated to dominate the market.
Based on End User, the AI Chipset Market has been divided into Consumer and Data center. The Consumer segment is anticipated to dominate the market.
Regional Analysis
The AI Chipset Market is divided into five regions: North America, Europe, Asia-Pacific, South America, and the Middle East, &Africa. North America dominates the AI chipset market due to early adoption of AI technologies, robust R&D infrastructure, and significant investments in AI hardware. Heavy investments in AI research and innovation by both private and public sectors and adoption of AI in autonomous vehicles, smart healthcare, and defense sectors. Europe is experiencing steady growth, driven by government initiatives for AI adoption and investment in AI infrastructure. Strong focus on Industry 4.0 and smart manufacturing and EU regulations promoting AI transparency and accountability. The Asia-Pacific region is the fastest-growing market for AI chipsets, with China, Japan, and South Korea at the forefront. China has emerged as a global leader in AI development, heavily supported by government initiatives like “Made in China 2025.” Rising adoption of AI technologies in consumer electronics, healthcare, and automotive sectors and Increasing investment in AI data centers and cloud infrastructure. The AI chipset market in MEA is still in its nascent stages but is gaining traction. The UAE and Saudi Arabia are investing heavily in AI technologies under national AI strategies abd Growing adoption of AI in smart city projects and oil & gas sectors. Latin America’s AI chipset market is growing steadily, driven by increasing adoption of AI in retail, healthcare, and financial services. Countries like Brazil and Mexico are leading the adoption curve. Investments in digital transformation projects and Growth in AI-powered fintech applications.