PUBLISHER: Allied Market Research | PRODUCT CODE: 1396725
PUBLISHER: Allied Market Research | PRODUCT CODE: 1396725
Artificial intelligence (AI) has been the most progressive technologies since its introduction in the 1950s. It is associated with human intelligence characteristics such as language understanding, reasoning, learning, problem solving, and others. Manufacturers in the market witness enormous underlying intellectual challenges in the development and revision of such technology. It is positioned as the core of the next-generation software technologies in the market.
The AI chip market has witnessed significant growth over the years, owing to surge in efforts to make more human-like robots and rise in rate of deployments in the developing regions. Among the chip type segment, CPU dominated the market in terms of revenue in 2022. Among processing type, the edge segment dominated the market in terms of expenditure in 2022. Among technology, the system on chip segment dominated the market in terms of revenue in 2022. Among application, the nature language processing segment, dominated the expenditure in 2022. Among the industry verticals segment, BFSI dominated the market in terms of expenditure in 2022. The companies that operate in the market have adopted strategies such as collaboration, cooperation, partnership, product launch, R&D, and acquisition to increase their market share and expand their geographical presence.
The artificial intelligence chip market is analyzed and estimated in accordance with the impacts of the drivers, restraints, and opportunities. The period studied in this report is 2022-2032, wherein the forecast period is 2022-2032. The report includes the study of the artificial intelligence chip market with respect to the growth prospects and restraints based on the regional analysis.
The study includes Porter's five forces analysis of the industry to determine the impact of suppliers, competitors, new entrants, substitutes, and buyers on the market growth. The global artificial intelligence chip market was valued at $14,918.7 million in 2022, and is projected to reach $383,659.2 million by 2032, registering a CAGR of 38.2% from 2023 to 2032.
Artificial intelligence (AI) has been the most progressive technology since its introduction in the 1950s. It is associated with human intelligence characteristics such as language understanding, reasoning, learning, problem-solving, and others. Manufacturers in the market witness enormous underlying intellectual challenges in the development and revision of such technology. It is positioned as the core of the next-generation software technologies in the market. The AI chip market has witnessed significant growth over the years, owing to a surge in efforts to make more human-like robots and a rise in the rate of deployments in developing regions. Among the industry verticals segment, BFSI dominated the market in terms of expenditure in 2022.
The artificial intelligence chip market is analyzed and estimated in accordance with the impacts of the drivers, restraints, and opportunities. The report includes a study of the artificial intelligence chip market with respect to the growth prospects and restraints based on regional analysis. The study includes Porter's five forces analysis of the industry to determine the impact of suppliers, competitors, new entrants, substitutes, and buyers on the market growth.
The artificial intelligence chip market provides numerous growth opportunities to the market players such as SoftBank Group Corp., Alphabet Inc. (Google Inc.), NXP Semiconductors N.V., Mythic Ltd., Intel Corporation, Baidu, Mediatek, Inc., NVIDIA Corporation, Qualcomm Incorporated, Advanced Micro Devices Inc., and Samsung Electronics Co. Ltd.
The companies that operate in the market have adopted strategies such as collaboration, cooperation, partnership, product launch, R&D, and acquisition to increase their market share and expand their geographical presence
Additional benefits you will get with this purchase are:
Possible Customization with this report (with additional cost and timeline, please talk to the sales executive to know more)