The global artificial intelligence (AI) chipset market size was US$ 8.1 billion in 2021. The global artificial intelligence (AI) chipset market is forecast to grow to US$ 141.76 billion by 2030 by growing at a compound annual growth rate (CAGR) of 35.9 during the forecast period from 2022 to 2030. 

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Factors Influencing the Market

The global artificial intelligence (AI) chipset market is forecast to gain traction, owing to its applications across several industrial verticals. In addition, AI helps reduce the dangers associated with human life. Thus, it will contribute to the growth of the global artificial intelligence (AI) chipset market.

The rapidly increasing data volume and growing demand for more effective systems to solve mathematical and computational problems will offer ample growth opportunities for the global artificial intelligence (AI) chipset market.

The evolution in quantum computing and the growing implementation of AI chips in robotics will boost the growth of the market. Furthermore, the rising adoption of autonomous robotics robots is forecast to offer potential growth opportunities for the market.

The growing number of technological developments such as IoT and industrial initiatives will drive the market forward. In addition, the continuously growing range of internet users will propel the artificial intelligence (AI) chipset market forward.

COVID-19 Impact Analysis

COVID-19 pandemic has been profitable for the Artificial Intelligence (AI), Virtual Reality (VR), and Augmented Reality (AR) industries. Due to the pandemic, the demand for automated technology increased abruptly. The market witnessed significant growth in the healthcare and medical segment. In addition, AI technology helped industries reduce operating conditions costs and offer customer satisfaction. Thus, the global artificial intelligence (AI) chipset market witnessed significant growth due to the pandemic.

Regional Analysis

North America is forecast to dominate the global artificial intelligence (AI) chipset market, owing to a significant rise in the adoption of AI technology across various end-user industries. In addition, the presence of prominent industry giants and emerging AI companies will contribute to the growth of the market.

Demand in the Asia Pacific is expected to grow at the quickest CAGR throughout the forecast period. AI services are being implemented in end-user industries such as manufacturing, healthcare, and other sectors in nations such as Japan, China, Australia, and South Korea, which is driving this expansion. Furthermore, APAC’s expansion in the artificial intelligence (AI) chipset market is aided by falling AI hardware costs and the rising need for better customer service.

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Competitors in the Market

• NVIDIA


• Intel Corporation


• Xilink


• Samsung Electronics


• Micron Technology


• Qualcomm Technologies


• IBM Corporation


• Google


• Microsoft Corporation


• Amazon Web Services


• Other Prominent Players

The report furnishes an intricate comprehension of each segment, delivering potential estimations for principal applications and insights into emerging prospects. Every regional market is meticulously scrutinized to ascertain its potential for growth, development, and demand in the forthcoming years.

As of the end of 2022, the Artificial Intelligence (AI) Chipset industry experienced notable growth in its workforce. Starting in January, employment within the Artificial Intelligence (AI) Chipset sector exceeded its pre-COVID levels, resulting in an expansion of payrolls by over 15,000 employees throughout the course of the year. The global Artificial Intelligence (AI) Chipset output demonstrated a remarkable increase of 5.2% during 2021, primarily attributed to a widespread economic upswing and a surge in demand for commodities. However, the momentum shifted in 2022, with the global industrial sector’s production contracting. This reversal followed a robust expansion in 2021, fueled by altered consumer spending patterns and substantial fiscal support.

Forecasts indicate that the global Artificial Intelligence (AI) Chipset output is set to rise by approximately 2.9% in 2023. This projection is underpinned by the gradual recovery of production in Western Europe from its previous troughs, as well as a rebound in output across the Asia/Pacific region. Maintaining its dominant position, China, accounting for nearly 45% of the global Artificial Intelligence (AI) Chipset market, remains both its largest producer and consumer. Remarkably, China’s market share has surged since 2010, when it stood at around 26%. This ascent has led to a substantial contribution to the nation’s GDP. Notably excelling as a top exporter, China leads in various sectors, including silicon, PVC, and several specific segments of the Artificial Intelligence (AI) Chipset market.

Market Segmentation

Global Artificial Intelligence (AI) Chipset Market, by Chip Type –

• GPU


• ASIC


• FPGA


• CPU

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Global Artificial Intelligence (AI) Chipset Market, by Application –

• Natural Language Processing (NLP)


• Robotic


• Computer Vision


• Network Security

Global Artificial Intelligence (AI) Chipset Market, by Technology –

• System-On-Chip (SOC)


• System-in-Package (SIP)


• Multi-Chip Module

Global Artificial Intelligence (AI) Chipset Market, by Processing Type –

• Edge


• Cloud

Global Artificial Intelligence (AI) Chipset Market, by Industry Vertical –

• Media & Advertising


• BSFI


• IT & Telecom


• Retail


• Healthcare


• Automotive & Transportation


• Others

Global Artificial Intelligence (AI) Chipset Market, by region –

• North America


• The U.S.


• Canada


• Mexico


• Europe


• Western Europe


• The UK


• Germany


• France


• Italy


• Spain


• Rest of Western Europe


• Eastern Europe


• Poland


• Russia


• Rest of Eastern Europe


• Asia Pacific


• China


• India


• Japan


• Australia & New Zealand


• ASEAN


• Rest of Asia Pacific


• Middle East & Africa (MEA)


• UAE


• Saudi Arabia


• South Africa


• Rest of MEA


• South America


• Brazil


• Argentina


• Rest of South America

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Reasons to Acquire This Report

(A) This research imparts invaluable insights tailored for senior management, policymakers, industry professionals, product innovators, sales executives, and stakeholders within the market. It equips them with the information needed to make well-informed decisions and craft effective strategies.

(B) The report delivers a comprehensive analysis of global, regional, and country-level Artificial Intelligence (AI) Chipset market revenues, extending projections until 2030. This dataset empowers companies to gauge their market presence, recognize avenues for growth, and explore emerging markets.

(C) Through meticulous segmentation of the Artificial Intelligence (AI) Chipset market encompassing types, applications, technologies, and end-uses, this study empowers leaders to blueprint their products and allocate resources based on the projected growth trajectories of each segment.

(D) Investors stand to gain from the market analysis by gaining insights into market scope, positioning, key drivers, challenges, limitations, expansion prospects, and potential risks. Armed with this knowledge, they can make well-considered investment choices.

(E) The report conducts an intricate analysis of competitors, unraveling their pivotal strategies and market positioning. This intelligence equips businesses with a profound understanding of the competitive landscape, enabling them to chart their own strategies accordingly.

(F) The study facilitates the assessment of Artificial Intelligence (AI) Chipset business projections delineated by region, key countries, and prominent companies, bestowing invaluable information for investment strategizing and decision-making.

Why is our study consequential?

Our study holds paramount importance for various reasons, a few of which include:

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• Analyzing market trends to aid businesses in devising adaptive strategies.

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