PUBLISHER: TechNavio | PRODUCT CODE: 1783900
PUBLISHER: TechNavio | PRODUCT CODE: 1783900
The AI processor market is forecasted to grow by USD 253,454.8 mn during 2024-2029, accelerating at a CAGR of 28.4% during the forecast period. The report on the AI processor market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by exponential computational demand of generative AI, expansion of AI to edge and on-device applications, and geopolitical pursuit of sovereign AI capabilities.
Market Scope | |
---|---|
Base Year | 2025 |
End Year | 2029 |
Series Year | 2025-2029 |
Growth Momentum | Accelerate |
YOY 2025 | 26.7% |
CAGR | 28.4% |
Incremental Value | $253,454.8 mn |
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's AI processor market is segmented as below:
By Deployment
By Product
By End-user
By Geographical Landscape
This study identifies the exponential growth of large language models as one of the prime reasons driving the AI processor market growth during the next few years. Also, accelerating shift towards edge AI processing and strategic pursuit of in-house and custom AI silicon will lead to sizable demand in the market.
The report on the AI processor market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading AI processor market vendors that include Advanced Micro Devices Inc., Amazon Web Services Inc., Apple Inc., Arm Ltd., Baidu Inc., Broadcom Inc., Cerebras, China Cambrian Technology Co. Ltd., Google LLC, Graphcore Ltd., Groq Inc., Huawei Technologies Co. Ltd., Intel Corp., International Business Machines Corp., Microsoft Corp., NVIDIA Corp., NXP Semiconductors NV, SambaNova Systems Inc., Synopsys Inc., and Tenstorrent Inc.. Also, the AI processor market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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