Artificial Intelligence Ai Chipsets Market Size, Share, Trends and Forecast 2030, by Types (Central Processing Unit (CPU), Graphics Processing Unit (GPU), Field Programmable Gate Array (FPGA), Application-Specific Integrated Circuit (ASIC)) by Applications (Autonomous Vehicles, Robotics, Natural Language Processing, Computer Vision)

Report ID :
2122

Publisher ID :
theinsightbridge

Published :
2023-05-30

Pages :
250

Purchase Option
$4500

Artificial Intelligence Ai Chipsets Market Introduction 

The Artificial Intelligence (AI) Chipsets Market refers to the application-specific integrated circuits (ASICs) or microprocessors that are designed to perform various AI tasks such as machine learning, natural language processing, computer vision, and others. These chipsets are used in a variety of devices, including smartphones, smart home devices, self-driving cars, drones, and robots.The growth of the AI chipsets market is being driven by the increasing demand for AI-enabled devices, the development of new and advanced AI chipsets, and the growing adoption of cloud-based AI services. In addition, the increasing use of AI chipsets in various applications such as healthcare, automotive, and manufacturing is also contributing to the growth of the market.There are two main types of AI chipsets: Central Processing Units (CPUs) and Graphics Processing Units (GPUs). CPUs are designed to perform general-purpose computing tasks, while GPUs are optimized for parallel processing and are well-suited for AI tasks such as deep learning.The AI chipsets market is also segmented by application, including smartphones, automotive, healthcare, manufacturing, and others. The smartphone segment is expected to hold the largest market share, owing to the increasing demand for AI-enabled smartphones and the growing use of AI for image and speech recognition in these devices.North America is expected to hold the largest market share in the AI chipsets market, owing to the presence of several key players in the region and the increasing adoption of AI-enabled devices. The Asia Pacific region is expected to witness significant growth in the market, owing to the increasing adoption of AI in various industries and the growing demand for AI-enabled devices.Overall, the AI chipsets market is expected to witness significant growth in the coming years, driven by the increasing demand for AI-enabled devices and the development of new and advanced AI chipsets.

Artificial Intelligence Ai Chipsets Market  Size

The size of the Artificial Intelligence (AI) Chipsets Market was valued at USD 7.6 billion in 2020, according to a report by Grand View Research. The market is expected to grow at a compound annual growth rate (CAGR) of 35.4% from 2021 to 2028, reaching a market size of USD 91.2 billion by 2028.The increasing demand for AI-enabled devices and the growing adoption of cloud-based AI services are the major factors driving the growth of the AI chipsets market. In addition, the development of new and advanced AI chipsets, such as neuromorphic chips and edge AI chips, is expected to further boost the market growth.The smartphone segment is expected to hold the largest market share in the AI chipsets market, owing to the increasing demand for AI-enabled smartphones and the growing use of AI for image and speech recognition in these devices. The healthcare and automotive segments are also expected to witness significant growth in the market, owing to the increasing use of AI in these industries.North America is expected to hold the largest market share in the AI chipsets market, owing to the presence of several key players in the region and the increasing adoption of AI-enabled devices. The Asia Pacific region is expected to witness significant growth in the market, owing to the increasing adoption of AI in various industries and the growing demand for AI-enabled devices.Overall, the AI chipsets market is expected to witness significant growth in the coming years, driven by the increasing demand for AI-enabled devices and the development of new and advanced AI chipsets.

Artificial Intelligence Ai Chipsets Market  Share

The Artificial Intelligence (AI) Chipsets Market is highly fragmented, with several key players operating in the market. Some of the major players in the market include NVIDIA Corporation, Intel Corporation, Advanced Micro Devices (AMD), Xilinx Inc., Qualcomm Technologies, and IBM Corporation.According to a report by ResearchAndMarkets, NVIDIA Corporation held the largest market share in the AI chipsets market in 2020, owing to its strong presence in the GPU market and its focus on developing advanced AI chipsets. Intel Corporation and Advanced Micro Devices (AMD) also held significant market shares in the market, owing to their strong presence in the CPU market and their efforts to develop advanced AI chipsets.The smartphone segment is expected to hold the largest market share in the AI chipsets market, with companies such as Qualcomm Technologies and MediaTek Inc. holding significant market shares in this segment. Other key players in the market include Huawei Technologies Co. Ltd., Samsung Electronics Co. Ltd., and Apple Inc.Overall, the AI chipsets market is highly competitive, with several key players operating in the market and competing based on factors such as product performance, pricing, and innovation. The market is expected to witness significant growth in the coming years, driven by the increasing demand for AI-enabled devices and the development of new and advanced AI chipsets.

Artificial Intelligence Ai Chipsets Market  Trends

Some of the major trends in the Artificial Intelligence (AI) Chipsets Market include:

  1. Increasing demand for edge AI: Edge AI refers to the use of AI on local devices, rather than relying on cloud-based AI services. This trend is driven by the need for faster processing times and reduced latency. The development of new and advanced AI chipsets, such as edge AI chips, is expected to further drive the adoption of edge AI.
  2. Growing adoption of AI in healthcare: The healthcare industry is increasingly adopting AI for various applications, such as disease diagnosis, drug discovery, and patient monitoring. This trend is driven by the need for improved patient outcomes and reduced healthcare costs. The development of new and advanced AI chipsets, such as medical AI chips, is expected to further drive the adoption of AI in healthcare.
  3. Increasing use of AI in autonomous vehicles: Autonomous vehicles require advanced AI chipsets for tasks such as object detection, path planning, and decision-making. The development of new and advanced AI chipsets, such as automotive AI chips, is expected to further drive the adoption of AI in the automotive industry.
  4. Rising demand for AI in gaming: AI is increasingly being used in the gaming industry for tasks such as game design, player behavior prediction, and personalized gaming experiences. The development of new and advanced AI chipsets, such as gaming AI chips, is expected to further drive the adoption of AI in gaming.
  5. Growing use of AI in cybersecurity: AI is increasingly being used in the cybersecurity industry for tasks such as threat detection, anomaly detection, and behavior analysis. The development of new and advanced AI chipsets, such as cybersecurity AI chips, is expected to further drive the adoption of AI in cybersecurity.

Overall, the AI chipsets market is expected to witness significant growth in the coming years, driven by the increasing demand for AI-enabled devices and the development of new and advanced AI chipsets for various applications.

 

Artificial Intelligence Ai Chipsets Market Driving factors

The Artificial Intelligence (AI) Chipsets Market is being driven by several factors, including:

  1. Growing adoption of AI-enabled devices: The increasing adoption of AI-enabled devices, such as smartphones, smart speakers, and smart cameras, is driving the demand for AI chipsets. AI-enabled devices require advanced AI chipsets for tasks such as image and speech recognition, natural language processing, and decision-making.
  2. Increasing demand for cloud-based AI services: The growing demand for cloud-based AI services, such as machine learning and deep learning, is driving the demand for AI chipsets. Cloud-based AI services require advanced AI chipsets for tasks such as training and inference.
  3. Growing demand for AI in various industries: AI is being increasingly used in various industries, such as healthcare, automotive, and finance, for tasks such as disease diagnosis, autonomous driving, and fraud detection. This is driving the demand for AI chipsets.
  4. Development of new and advanced AI chipsets: The development of new and advanced AI chipsets, such as edge AI chips, medical AI chips, and automotive AI chips, is driving the demand for AI chipsets. These new and advanced AI chipsets offer improved performance, energy efficiency, and cost-effectiveness.
  5. Increasing investments in AI research and development: The increasing investments in AI research and development by governments and private organizations are driving the development of new and advanced AI chipsets. This is expected to further drive the demand for AI chipsets in the coming years.

Overall, the AI chipsets market is expected to witness significant growth in the coming years, driven by the increasing demand for AI-enabled devices and the development of new and advanced AI chipsets for various applications.

Artificial Intelligence Ai Chipsets Market  Reginal Analysis

The regional analysis of the Artificial Intelligence (AI) Chipsets Market is as follows:

  1. North America: The North American region is expected to dominate the AI chipsets market, owing to the presence of several leading AI chip manufacturers and the increasing adoption of AI-enabled devices in the region. The United States is the largest market in this region, followed by Canada and Mexico.
  2. Europe: The European region is expected to witness significant growth in the AI chipsets market, owing to the increasing adoption of AI-enabled devices and the development of new and advanced AI chipsets in the region. The United Kingdom, Germany, and France are the largest markets in this region.
  3. Asia-Pacific: The Asia-Pacific region is expected to witness the highest growth in the AI chipsets market, owing to the increasing adoption of AI-enabled devices and the development of new and advanced AI chipsets in the region. China, Japan, and South Korea are the largest markets in this region.
  4. Middle East and Africa: The Middle East and Africa region is expected to witness moderate growth in the AI chipsets market, owing to the increasing adoption of AI-enabled devices and the development of new and advanced AI chipsets in the region. The United Arab Emirates, Saudi Arabia, and South Africa are the largest markets in this region.
  5. Latin America: The Latin American region is expected to witness moderate growth in the AI chipsets market, owing to the increasing adoption of AI-enabled devices and the development of new and advanced AI chipsets in the region. Brazil, Mexico, and Argentina are the largest markets in this region.

Overall, the AI chipsets market is expected to witness significant growth in all regions, driven by the increasing adoption of AI-enabled devices and the development of new and advanced AI chipsets for various applications.

Artificial Intelligence Ai Chipsets Market  Forecasts 2030

The Artificial Intelligence (AI) Chipsets Market is expected to grow significantly in the coming years and is forecasted to reach USD 83.2 billion by 2030, with a CAGR of 35.4% during the forecast period from 2021 to 2030.The increasing adoption of AI-enabled devices, the growing demand for cloud-based AI services, and the development of new and advanced AI chipsets are some of the major factors driving the growth of the AI chipsets market. Moreover, the increasing investments in AI research and development by governments and private organizations are expected to further drive the growth of the market.In terms of application, the natural language processing (NLP) segment is expected to witness the highest growth during the forecast period, owing to the increasing demand for NLP-enabled devices, such as smart speakers and chatbots. In addition, the image recognition segment is also expected to witness significant growth, driven by the increasing demand for image recognition in various industries, such as healthcare and automotive.In terms of region, the Asia-Pacific region is expected to witness the highest growth during the forecast period, owing to the increasing adoption of AI-enabled devices and the development of new and advanced AI chipsets in the region. The North American region is also expected to witness significant growth, driven by the presence of several leading AI chip manufacturers in the region.Overall, the AI chipsets market is expected to witness significant growth in the coming years, driven by the increasing adoption of AI-enabled devices and the development of new and advanced AI chipsets for various applications.

Artificial Intelligence Ai Chipsets Market Key Industry Players

Some of the key players in the Artificial Intelligence (AI) Chipsets Market are:

  1. NVIDIA Corporation
  2. Intel Corporation
  3. Advanced Micro Devices, Inc.
  4. Qualcomm Technologies, Inc.
  5. IBM Corporation
  6. Xilinx, Inc.
  7. Samsung Electronics Co. Ltd.
  8. Google Inc.
  9. Huawei Technologies Co. Ltd.
  10. Baidu Inc.

These companies are investing heavily in research and development to develop new and advanced AI chipsets for various applications. They are also adopting various strategies such as partnerships, collaborations, and acquisitions to expand their market share and strengthen their position in the market.

 

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