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The global Artificial Intelligence (AI) Chip Market size is predicted to reach USD 296.23 billion registering a CAGR of 33.2% till 2030.
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Artificial Intelligence (AI) Chip Market TheArtificial Intelligence (AI) Chip Market size is predicted to reach USD 296.23 Billion with a CAGR of 33.2% by 2030 North America is relatively the fastest growing region in the artificial chip market trends. Asia Pacific region continues to dominate a large percentage of the AI chip market share Next Move Strategy Consulting
Agenda • Market Overview • Market Segmentation • Regional Analysis • Key Market Players • Key Highlights Next Move Strategy Consulting
Market Overview • AI chips, also known as logic chips or AI accelerators, refer to the market for specialized semiconductor chips designed to accelerate artificial intelligence (AI) and machine learning (ML) workloads. • These chips find wide application with a large number of industries such as, automotive, industrial automation, healthcare, telecommunications, and retail and commerce markets. • AI accelerators or Neural Processing Units (NPUs) are optimized for the performance-intensive tasks associated with AI algorithms, including image and speech recognition, natural language processing, predictive analytics, and many more. • It is an industry that has been rapidly developing in technology, being • very competitive and focusing on developing energy-efficient and high- • performance chips to cater to increasing demand regarding AI and ML applications in most industries. Next Move Strategy Consulting
Market Segmentation • By Chip Type • GPU • ASIC • FPGA • CPU • Other Chip Type • By Architecture • System on Chip (SOC) • System in Package (SIP) • Multi Chip Module • Other Architecture • By End User • Media and Advertising • BFSI • IT and Telecommunication • Retail • Healthcare • Automotive • Other End User • By Processing Type • Edge • Cloud • By Application • Natural Language Processing (NLP) • Robotic Process Automation • Computer Vision • Network Security • Others Next Move Strategy Consulting
Regional Analysis • North America • U.S • Canada • Mexico • Asia-Pacific • China • India • Japan • South Korea • Australia • Rest of Asia-Pacific • RoW • UAE • Saudi Arabia • South Africa • Brazil • Remaining Countries • Europe • The UK • Germany • France • Italy • Spain • Denmark • Netherlands • Finland • Sweden • Norway • Russia Next Move Strategy Consulting
Key Market Players • NVIDIA Corporation • Advanced Micro Devices, Inc. (AMD) • Intel Corporation • Alphabet Inc. • Amazon Web Services, Inc. (AWS) • International Business Machines (IBM) Corporation • Alibaba Group Holding Limited • Apple Inc. • Meta Platforms, Inc. • Microsoft Corporation • Huawei Technologies Co., Ltd. Next Move Strategy Consulting
Key Highlights • Market Growth: The AI chip market has been expanding significantly due to the growing adoption of AI applications across various sectors, including healthcare, automotive, finance, and consumer electronics. The market is projected to continue growing at a robust pace as AI technologies become more integrated into everyday products and services. • Types of AI Chips: The market features several types of AI chips, including Graphics Processing Units (GPUs), Tensor Processing Units (TPUs), Field Programmable Gate Arrays (FPGAs), and Application-Specific Integrated Circuits (ASICs). Each type is tailored for specific AI tasks, such as training machine learning models or performing inference operations. • Technological Advancements: Innovations in AI chip design are enhancing performance, efficiency, and scalability. Key developments include increased processing power, lower power consumption, and improved memory architectures. Advancements in chip manufacturing processes, such as smaller node sizes and 3D stacking, are also contributing to the growth of the market. Next Move Strategy Consulting
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