Artificial Intelligence Chips Market To Reach US$146.93M By 2029, Growing At A CAGR Of 37.5 Percent And Forecast (2022-2029)

MAXIMIZE MARKET RESEARCH PRIVATE LIMITED

The artificial intelligence chip market is segmented into artificial intelligence chip type, technology, application and region. The bottom-up approach has been used to estimate the market size of Artificial Intelligence Chips.

PUNE, April 28, 2023 (GLOBE NEWSWIRE) — Maximize Market Research, an international business and consulting firm, recently published a research report on the “Artificial Intelligence Chip Market”. The total global market for “Artificial Intelligence Chips Market” was estimated at US$11.5 billion in 2022 and is projected to grow at a CAGR of 37.5 percent during the forecast period, reaching US$146.93 billion by 2029.

Market size in 2021

$11.5 billion

Market size in 2029

$146.93 billion

CAGR

37.5 percent (2023-2029)

forecast period

2023-2029

base year

2022

page number

265

number of tables

129

Number of diagrams and figures

121

section covered

By chip type, technology, application and region of artificial intelligence

Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South America

report coverage

Market Share, Size and Revenue Forecast | 2023–2029, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, MMR Competitive Matrix, Competitive Leadership Mapping, Global Key Players Market Ranking Analysis.

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Scope and Research Methodology of Artificial Intelligence Chips Market Report

The report provides comprehensive analysis of Artificial Intelligence Chips market including market drivers, opportunities, challenges, and threats. The growth strategies of the major players and the key segment are included in the report to get more detailed information. The key influencing factors and key investment pockets are highlighted and the key countries in each region are analyzed and their revenue contribution is mentioned in the report. The report provides an in-depth analysis of changing Artificial Intelligence Chips market dynamics, key segments, value chain, competitive scenarios, and regional market growth. Artificial Intelligence Chips market report analysis guide is aimed at leading players, investors, shareholders and startups in making strategies for sustainable growth and gaining a competitive advantage in the market. SWOT analysis has been used to calculate the strengths and weaknesses of the Artificial Intelligence Chips industry.

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Market overview for artificial intelligence chips

AI chips are built with a specific architecture and have built-in AI acceleration to support deep learning-based applications known as Active Natural Network (ANN) or Deep Neural Network (DNN). The AI ​​chips, with their hardware architectures and complementary packaging, storage, storage and interconnect technologies, enable AI to be inserted into a wide range of applications, helping to transform data into information and then into knowledge.

AI for intelligent automobiles to fuel market growth

Smart AI chips are used in automation systems and devices such as smartphones and intelligent vehicles. The chip is said to process real-time video signals from multiple high-resolution cameras to add situational awareness to the car’s control system. The predicted development of autonomous robotics and the advent of quantum computing is a responsible driver for the growth of artificial intelligence chips market. However, the demand for smart cities is expected to create opportunities for the market growth. This is due to the connected infrastructure and the use of digital and intelligent technologies to provide automated services to customers.

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Asia-Pacific is expected to account for the global market share of artificial intelligence chips during the forecast period

Technological development is a key factor influencing regional growth. China holds the market for artificial intelligence chips in Asia-Pacific thanks to the country’s access to cutting-edge manufacturing infrastructure by manufacturers. An increase in investment by large corporations and government organizations in semiconductor research and the development of chip start-ups to support intelligent infrastructure across all industrial and manufacturing sectors. Such factors are expected to drive the market growth over the forecast period.

Artificial Intelligence Chips Market Segmentation

By chip type:

• GPU
• ASIC
• FPGA
• CPU
• Other
Based on chip type, the CPU segment is expected to dominate the artificial intelligence chips market during the forecast period

In 2022, the CPU types segment dominated the global artificial intelligence chips market share. These chips are more effective and energy efficient to run activities like voice recognition. The Ai chip market is highly competitive for CPU chips used in smart vehicles and smart phones. The high demand for automotive or intelligent vehicles and the growth of automation robots are expected to drive the market.

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By technology:

• System on chip
• System in a package
• Multi-chip module
• Other

After application:
• Natural language processing
• Robots
• Computer vision
• Network security
• Other
Based on application, the Robotics segment accounted for the Artificial Intelligence Chips market share in 2022

The Robot Type segment is anticipated to grow at a significant CAGR in the Artificial Intelligence Chips Market during the forecast period. The growing demand for AI chips in the robotics industry is a responsible factor for the market growth. Companies and various industries adopting state-of-the-art production are expected to drive the market growth.

Major Players in Artificial Intelligence Chip Market Include:

• Alphabet
• Apple
• Poor
• Intel
• NVIDIA
• Modern micro devices
• Baidu
• Graph core
• Qualcomm
• Adapteva
• Thinci
• Mythical AI
•Samsung
•Taiwan Semiconductor Manufacturing Company
• HiSilicon
• IBM
• Xilinx
• Above
• LG
• Imagination Technologies
• MediaTek
• Wave Computing
• SambaNova
• Groq
• Kalray.

Important Key questions answered in Artificial Intelligence Chip market are:

What are artificial intelligence chips?

– What was the size of the artificial intelligence chip market in 2022?

What is the expected market size for artificial intelligence chips by 2029?

What is the growth rate of the artificial intelligence chips market?

What are the key advantages of the Artificial Intelligence Chips market?

What are the emerging trends in artificial intelligence chips?

What are the driving, opportunity, and restraining factors in the global Artificial Intelligence Chips market?

What factors are expected to propel the growth of the Artificial Intelligence Chips market?

What factors are expected to restrain the growth of the Artificial Intelligence Chips Market?

Which segment dominated the growth of the Artificial Intelligence Chips market?

What is the demand pattern for the artificial intelligence chips market?

Which region held the largest share of the artificial intelligence chip market?

Who are the key manufacturers in Artificial Intelligence Chip market space?

Main Offers:

Past Market Size and Competitive Landscape (2018 to 2021)

Past prices and price curve by region (2018 to 2021)

Market Size, Share, Size and Forecast by Different Segments | 2022−2029

Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region

Market Segmentation – A detailed analysis by chip type, technology, application and region

Competitive landscape – Profiles of selected key players by region from a strategic perspective

Competitive landscape – market leaders, market followers, regional players

Competitive benchmarking of key players by region

PESTLE analysis

PORTER’S analysis

Value chain and supply chain analysis

Legal aspects of business by region

Profitable business opportunities with SWOT analysis

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Maximize Market Research is a leading electronics research firm that has also published the following reports:

Artificial Intelligence (AI) Chipsets Market: The total market size was estimated at US$10.6 billion in 2021 and the total revenue is expected to grow at a CAGR of 40 percent to US$156.43 billion from 2022 to 2029. The increasingly huge and complex dataset driving the demands on AI, along with the improvement in computing power and decreasing hardware costs are expected to drive the market growth.

NFC Chips Market: The total market size was estimated at US$4.34 billion in 2021 and the total revenue is expected to grow at a CAGR of 24.49 percent to US$25.05 billion from 2022 to 2029. The increasing need for a reliable and efficient way of information is expected to drive the market growth.

Vehicle Intelligence Systems Market: The total market size was estimated at US$25.38 billion in 2021 and the total revenue is expected to grow at a CAGR of 13.11 percent to US$68.00 billion from 2022 to 2029. The growing population and an increase in people’s per capita income are expected to drive the market growth.

Envelope Tracking Chips Market: The total market size was estimated at US$1.88 billion in 2021 and the total revenue is expected to grow at a CAGR of 9.6 percent to US$3.92 billion from 2022 to 2029. Increasing demand for high-efficiency power management technologies for RF amplifiers is expected to drive the market growth.

Wi-Fi Chipset Market: The total market size was estimated at US$20.43 billion in 2022 and the total revenue is expected to grow at a CAGR of 4.77 percent to US$28.30 billion from 2023 to 2029. Rising technology and growth in smartphone users are expected to drive the market growth.

About Maximize Market Research:

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