Artificial Intelligence Chip Market Size To Grow At A CAGR Of 37.5% In The Forecast 2024-2030
Global Artificial Intelligence Chip Market size was US$ 21.73 Bn. in 2023 and is expected to reach US$ 202 Bn. by 2030, at a CAGR of 37.5% during the forecast period.
Artificial Intelligence Chip Market Overview:
This Artificial Intelligence Chip market study looks at current and emerging industry trends and dynamics in the global Artificial Intelligence Chip market. Artificial Intelligence Chip Extensive market forecasting for the major market segments is carried out between 2021 and 2027. Extensive Artificial Intelligence Chip market analysis is carried out by closely monitoring key product positions and the main competitors in the market framework. To understand the competitive landscape of the worldwide Artificial Intelligence Chip market, key players are profiled and their strategies are thoroughly evaluated.
Market Scope:
The analysis contains a current examination of the present Artificial Intelligence Chip market landscape, as well as the most recent trends and drivers, as well as an overview of the entire Artificial Intelligence Chip market environment. Increased demand for Artificial Intelligence Chip is driving the market. The Artificial Intelligence Chip market research examines the technology, end-user, and type categories, among other things, as well as the geographical landscape.
Drivers:
Major restraints and drivers that affect the Artificial Intelligence Chip market have also been covered in the Artificial Intelligence Chip market report.
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Segmentation:
by Chip Type
GPU
ASIC
FPGA
CPU
Other
by Technology
System on Chip
System in Package
Multi-Chip Module
Other
by Application
Nature Language Processing
Robotic
Computer Vision
Network Security
Other
by Industry Vertical
Media and Advertising
BFSI
IT and Telecom
Retail
Healthcare
Automotive and Transportation
Others
Key Players
The market research report provides comprehensive quantitative insights that provide a clear picture of the worldwide market potential in a variety of categories, as well as country-by-country analyses in each covered topic. The analysis investigates the market's major influencing factors, as well as complete company profiles of
1. GRAPHCORE Ltd.
2. GROQ
3. Gyrfalcon Technology Inc.
4. Huawei Technologies Co. Ltd.
5. INTEL Corporation, KnuEdge, Inc.
6. KRTKL Inc.
7. MEDIATEK, Inc.
8. Micron Technology, Inc.
9. Microsemi Corporation
10. MYTHIC, Inc.
11. NEC Corporation
12. NVIDIA Corporation
13. NXP Semiconductors N.V.
14. Qualcomm Incorporated
15. Samsung Electronics Co. Ltd.
16. SK Hynix, Inc.
17. Tenstorrent Inc.
18. Texas Instruments Incorporated
19. Toshiba Corporation
20. Wave Computing, Inc.
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Regional Analysis:
Individual market influencing variables and changes in market laws that impact present and future market trends are also included in the regional segment of the Artificial Intelligence Chip market study. Data points such as downstream and upstream value chain analysis, technology trends, porter's five forces analysis, and case studies are just a few of the indicators utilized to anticipate market scenarios for various industries. When examining projection data for the region, the existence and availability of global players, as well as the obstacles they face as a result of substantial or low to none competition from local and domestic brands, are all taken into account.
COVID-19 Impact Analysis on Artificial Intelligence Chip Market:
The COVID-19 epidemic has had a significant impact on the global Artificial Intelligence Chip industry. Artificial Intelligence Chip Production facilities were halted due to the global economic slump and a lack of manpower. The COVID-19 pandemic has led to a significant and extended drop in production utilization, and travel prohibitions and facility closures have kept personnel away from their facilities, causing the Artificial Intelligence Chip market to decelerate in 2020. The negative impact of COVID-19 on the Artificial Intelligence Chip market, on the other hand, is expected to be transitory, and the sector is expected to revive significantly by early 2021, owing to increased demand for Artificial Intelligence Chip .
Key Questions Answered in the Artificial Intelligence Chip Market Report are:
Which segment was responsible for the largest share in the Artificial Intelligence Chip market?
How was the competitive scenario of the Artificial Intelligence Chip market in 2020?
Which are the key factors responsible for the Artificial Intelligence Chip market growth?
Which region held the maximum share in the Artificial Intelligence Chip market in 2020?
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