The Worldwide Artificial Intelligence Chip Industry is Expected to Reach $304 Billion by 2030
DUBLIN, Sept. 30, 2022 /PRNewswire/ -- The "Artificial Intelligence Chip Market by Chip Type, by Application, by Architecture, by Processing Type, by End User - Global Opportunity Analysis and Industry Forecast, 2022-2030" report has been added to ResearchAndMarkets.com's offering.
The Global Artificial Intelligence (AI) Chip Market size was valued to USD 20.77 billion in 2021, and it will elevate to USD 304.09 billion by 2030, with a CAGR of 29.9% from 2022-2030.
Artificial Intelligence Chips are special silicon chips, programmed for machine learning. AI Chips can process vast amount of data, identify the underlying patterns, interpret the trends and utilize the feed to achieve specific goals. AI Chips are multi-functioning and can proficiently manage multiple operations at a time.
The demand for AI Chip is consistently raising due to the increasing adoption of artificial intelligence in almost every industry, in areas such as voice recognition, object detection, medical or military simulation, intelligent routing, and autonomous driving among others. Adoption of artificial intelligence not only reduces the cost of operations, but increases the efficiency or the response time and minimizes the risk to human life at various levels in specific industry verticals.
Market Dynamics and Trends
With the technological advancements the market is switching towards smart devices, smart homes, and smart cities, resulting to a tremendous elevation in the Artificial Intelligence (AI) Chip market. Furthermore, increased investments in AI start-ups along with emergence of quantum computers, are expected to elevate the market growth in future.
Other factors like wide application of AI technology and increase in robotics, catalyze to promote the market growth. However, high development cost and lack of skilled work-force tend to impede the growth of artificial intelligence (AI) chip market over the forecast period.
Moreover, the massive upsurge in research and development, increased use of autonomous robotic at various industry verticals, and high-tech product launches shall create new market-opportunities, fueling-up the growth-rate of artificial intelligence (AI) chip market, over the forecast period.
Market Segmentations and Scope of the Study:
The global artificial intelligence (AI) chip market share analysis is based on chip type, application, architecture, processing type, end user and geography. Based on type of chip, the market is fragmented into GPU, FPGA, ASIC, CPU, and Others. Based on application, the market is segmented into Natural Language Processing (NLP), Robotic Process Automation, Computer Vision, Network Security, and Others.
Based on architecture, the market is segmented into system-on-chip (soc), system-in-package (sip), multi-chip module, and others. Based on processing type, the market is divided into edge and cloud. Based on end-user, the market is segmented into media & advertising, BFSI, IT & telecom, retail, healthcare, automotive, and others. Geographic breakdown and analysis of each of the previously mentioned segments include regions comprising North America, Europe, Asia-Pacific, and RoW.
Geographical Analysis
North America represents the higher adoption of the artificial intelligence chip technology, henceforth it is expected to hold the highest market share in the global Artificial intelligence (AI) chip market during the forecast period. This is attributable to the factors like; massive use of AI technology, increased use of smart devices, and wide application of AI chip in various industries.
The emerging economies, specifically the Asia-Pacific region shall witness an increasing market size in the global Artificial intelligence (AI) chip market, owing to the amplified adoption of AI technology and increased investment in the AI start-ups.
Competitive Landscape
The artificial intelligence (AI) chip market is highly competitive and consists numerous market players. Some of the major market players are, Advanced Micro Devices, Inc., IBM Corporation, Micron technology, Inc., Qualcomm Incorporated, Xilinx, Inc., Alphabet Inc. (Google), Intel Corporation, NVIDIA Corporation, Samsung electronics Co., Ltd., and Huawei Technologies Co., Ltd. among others.
There have been various developments taking place in the market that further enhance the growth of artificial intelligence (AI) chip market on a large scale. For instance, in September 2019, ZTE, a provider of integrated military communication solutions from Cambrian, jointly demonstrated the integration of edge computing and artificial intelligence in the 5G era. The business display adopts ZTE's edge computing server ES600S, video acceleration card, and contains the Cambrian Siyuan 100 intelligent processing card which not only helps in realizing the edge video data collection, but also provides the artificial intelligence analysis.
Key Topics Covered:
1. Introduction
2. Artificial Intelligence (AI) Market Executive Summary
3. Market Overview
3.1. Market Definition and Scope
3.2. Market Dynamics
3.2.1 Drivers
3.2.1.1. Growing Adoption of Deep Learning and Neural Networks
3.2.1.2. Increase in Demand for Smart Homes & Smart Cities
3.2.1.3. Emergence of Quantum Computing
3.2.1.4. Rising Use of Adas Features in Cars
3.2.2 Restraints
3.2.2.1. Lack of Skilled AI Workforce
3.2.2.2. Limited Structured Data
3.2.3 Opportunities
3.2.3.1. Increasing Focus on Human-Aware AI Systems and Development of Smarter Robots
4. Global AI Chip Market, by Chip Type
4.1. Overview
4.2. GPU
4.3. GPU Market, by Region
4.4. ASIC
4.4.1 ASIC Market, by Region
4.5. FPGA
4.5.1 FPGA Market, by Region
4.6. CPU
4.6.1 CPU Market, by Region
4.7. Others
4.7.1 Others Market, by Region
5. Global AI Chip Market, by Application
5.1. Overview
5.2. Natural Language Processing (Nlp)
5.2.1 Natural Language Processing (Nlp) Market, by Region
5.3. Robotic Process Automation
5.3.1 Robotic Process Automation Market, by Region
5.4. Computer Vision
5.4.1 Computer Vision Market, by Region
5.5. Network Security
5.5.1 Network Security Market, by Region
5.6. Others
5.6.1 Others Market, by Region
6. Global AI Chip Market, by Architecture
6.1. Overview
6.2. System on Chip (Soc)
6.2.1 System on Chip (Soc) Market, by Region
6.3. System in Package (Sip)
6.3.1 System in Package (Sip) Market, by Region
6.4. Multi Chip Module
6.4.1 Multi Chip Module Market, by Region
6.5. Others
6.5.1 Others Market, by Region
7. Global AI Chip Market, by Processing Type
7.1. Overview
7.2. Edge
7.2.1 Edge Market, by Region
7.3. Cloud
7.3.1 Cloud Market, by Region
8. Global AI Chip Market, by End-User Industry
8.1. Overview
8.2. Media and Advertising
8.2.1 Media and Advertising Market, by Region
8.3. Bfsi
8.3.1 Bfsi Market, by Region
8.4. It and Telecommunication
8.4.1 It and Telecommunication Market, by Region
8.5. Retail
8.5.1 Retail Market, by Region
8.6. Healthcare
8.6.1 Healthcare Market, by Region
8.7. Automotive
8.7.1 Automotive Market, by Region
8.8. Others
8.8.1 Others Market, by Region
9. Global AI Chip by Region
10. Company Profiles
10.1. Alphabet Inc.
10.1.1 Company Overview
10.1.2 Company Snapshot
10.1.3 Operating Business Segments
10.1.4 Product Portfolio
10.1.5 Business Performance
10.1.6 Sales by Business Segment
10.1.7 Sales by Geographic Segment
10.1.8 Key Strategic Moves & Developments
10.1.9 Primary Market Competitors
10.2. Apple Inc.
10.2.1 Company Overview
10.2.2 Company Snapshot
10.2.3 Operating Business Segments
10.2.4 Product Portfolio
10.2.5 Business Performance
10.2.6 Sales by Business Segment
10.2.7 Sales by Geographic Segment
10.2.8 Key Strategic Moves & Developments
10.2.9 Primary Market Competitors
10.3. Arm Holdings
10.3.1 Company Overview
10.3.2 Company Snapshot
10.3.3 Product Portfolio
10.3.4 Key Strategic Moves & Developments
10.3.5 Primary Market Competitors
10.4. Huawei Technologies
10.4.1 Company Overview
10.4.2 Company Snapshot
10.4.3 Operating Business Segments
10.4.4 Product Portfolio
10.4.5 Business Performance
10.4.6 Sales by Business Segment
10.4.7 Sales by Geographic Segment
10.4.8 Key Strategic Moves & Developments
10.4.9 Primary Market Competitors
10.5. IBM Corporation
10.5.1 Company Overview
10.5.2 Company Snapshot
10.5.3 Operating Business Segments
10.5.4 Product Portfolio
10.5.5 Business Performance
10.5.6 Sales by Business Segment
10.5.7 Sales by Geographic Segment
10.5.8 Key Strategic Moves & Developments
10.5.9 Primary Market Competitors
10.6. Samsung Electronics
10.6.1 Company Overview
10.6.2 Company Snapshot
10.6.3 Operating Business Segments
10.6.4 Product Portfolio
10.6.5 Business Performance
10.6.6 Sales by Business Segment
10.6.7 Sales by Geographic Segment
10.6.8 Key Strategic Moves & Developments
10.6.9 Primary Market Competitors
10.7. Qualcomm Inc
10.7.1 Company Overview
10.7.2 Company Snapshot
10.7.3 Operating Business Segments
10.7.4 Product Portfolio
10.7.5 Business Performance
10.7.6 Sales by Business Segment
10.7.7 Sales by Geographic Segment
10.7.8 Key Strategic Moves & Developments
10.7.9 Primary Market Competitors
10.8. Nxp Semiconductors
10.8.1 Company Overview
10.8.2 Company Snapshot
10.8.3 Operating Business Segments
10.8.4 Product Portfolio
10.8.5 Business Performance
10.8.6 Sales by Business Segment
10.8.7 Sales by Geographic Segment
10.8.8 Key Strategic Moves & Developments
10.8.9 Primary Market Competitors
10.9. Nvidia Corporation
10.9.1 Company Overview
10.9.2 Company Snapshot
10.9.3 Operating Business Segments
10.9.4 Product Portfolio
10.9.5 Business Performance
10.9.6 Sales by Business Segment
10.9.7 Sales by Geographic Segment
10.9.8 Key Strategic Moves & Developments
10.9.9 Primary Market Competitors
10.10. Microsoft Corporation
10.10.1 Company Overview
10.10.2 Company Snapshot
10.10.3 Operating Business Segments
10.10.4 Product Portfolio
10.10.5 Business Performance
10.10.6 Sales by Business Segment
10.10.7 Sales by Geographic Segment
10.10.8 Key Strategic Moves & Developments
10.10.9 Primary Market Competitors
10.11. Microsemi Corporation
10.11.1 Company Overview
10.11.2 Company Snapshot
10.11.3 Operating Business Segments
10.11.4 Product Portfolio
10.11.5 Business Performance
10.11.6 Sales by Business Segment
10.11.7 Key Strategic Moves & Developments
10.11.8 Primary Market Competitors
10.12. Micron Technology
10.12.1 Company Overview
10.12.2 Company Snapshot
10.12.3 Operating Business Segments
10.12.4 Product Portfolio
10.12.5 Business Performance
10.12.6 Sales by Business Segment
10.12.7 Sales by Geographic Segment
10.12.8 Key Strategic Moves & Developments
10.12.9 Primary Market Competitors
10.13. Mediatek Inc
10.13.1 Company Overview
10.13.2 Company Snapshot
10.13.3 Product Portfolio
10.13.4 Business Performance
10.13.5 Sales by Business Segment
10.13.6 Key Strategic Moves & Developments
10.13.7 Primary Market Competitors
10.14. Intel Corporation
10.14.1 Company Overview
10.14.2 Company Snapshot
10.14.3 Operating Business Segments
10.14.4 Product Portfolio
10.14.5 Business Performance
10.14.6 Sales by Business Segment
10.14.7 Sales by Geographic Segment
10.14.8 Key Strategic Moves & Developments
10.14.9 Primary Market Competitors
10.15. Texas Instruments Incorporated
10.15.1 Company Overview
10.15.2 Company Snapshot
10.15.3 Operating Business Segments
10.15.4 Product Portfolio
10.15.5 Business Performance
10.15.6 Sales by Business Segment
10.15.7 Sales by Geographic Segment
10.15.8 Key Strategic Moves & Developments
10.15.9 Primary Market Competitors
For more information about this report visit https://www.researchandmarkets.com/r/1qcmvd
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