Artificial Intelligence Chipsets Market Expansion: Emerging Applications and Industries

Rupesh Gupta
6 min readApr 15, 2024

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The global Artificial Intelligence Chipsets Market size is poised for significant growth, with a valuation of USD 8.14 billion in 2019 and projected to reach USD 108.85 billion by 2027, growing at a CAGR of 38.9% during the forecast period 2023–2027.

The latest global forecast report provides a comprehensive outlook on Artificial Intelligence Chipsets Market share, offering invaluable insights into emerging trends in 2024, market dynamics, and growth opportunities on a global scale. This meticulously researched report delves into the intricate details of various sectors, providing stakeholders with a roadmap to navigate the ever-evolving landscape of the global economy.

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Artificial Intelligence Chipsets Market Statistics:

USD 108.85 billion by 2027

USD 8.14 billion in 2019

CAGR: 38.9%

Factors Impacting the Artificial Intelligence Chipsets Market Share in the Global Landscape

Numerous pivotal factors significantly influence the Artificial Intelligence Chipsets Market Share globally, shaping its trajectory and dictating growth patterns. The increasing integration of AI in various industries, continuous innovations in AI chip design, and the growing demand for high-performance computing are fundamental drivers propelling the expansion of the AI chipsets market, consequently bolstering the market share.

Technological advancements play a pivotal role in shaping the Artificial Intelligence Chipsets Market Share, with continuous innovations in chip architectures, neural network designs, and energy efficiency. The integration of these technologies into AI chipsets enhances processing capabilities, accelerates AI applications, and addresses the demand for efficient and powerful computing solutions. The adaptability of AI chipsets to various industries, from healthcare to autonomous vehicles, fuels their adoption, further solidifying the market share.

Moreover, the global surge in AI-driven applications and the need for edge computing contribute to the market’s growing share. As businesses and industries recognize the transformative potential of AI, the demand for standardized, scalable AI chipsets rises, fostering international market growth.

Energy efficiency considerations and the imperative to deliver high-performance computing with minimal power consumption exert a significant influence on the Artificial Intelligence Chipsets Market Share. Chip manufacturers are compelled to invest in AI chipsets that not only deliver impressive computational power but also align with sustainability goals, ensuring efficient resource utilization.

The increasing integration of AI chipsets with edge devices, the demand for AI inferencing at the edge, and the pursuit of neuromorphic computing further drive the Artificial Intelligence Chipsets Market Share. Industries seek AI chipsets that encompass various aspects of high-speed processing, low latency, and adaptability to different AI models, creating a comprehensive approach to modern AI applications.

List of Top Companies in Artificial Intelligence Chipsets Market:

  • NVIDIA Corporation (California, United States)
  • Intel Corporation (California, United States)
  • Xilinx, Inc. (California, United States)
  • Samsung Electronics Co., Ltd. (Suwon-si, South Korea)
  • Micron Technology, Inc. (Idaho, United States)
  • Kneron (California, United States)
  • Alibaba Group Holding Limited (Hangzhou, China)
  • Qualcomm Technologies, Inc. (California, United States)
  • International Business Machines Corporation (IBM) (New York, United States)
  • Alphabet Inc. (Google LLC) (California, United States)
  • Microsoft Corporation (Washington, United States)
  • Amazon Web Services (AWS) (Washington, United States)
  • Advanced Micro Devices, Inc. (AMD) (California, United States)
  • General Vision, Inc. (California, United States)
  • Huawei Technologies Co., Ltd. (Shenzhen, China)
  • Graphcore Limited (Bristol, United Kingdom)
  • MediaTek Inc. (Hsinchu, Taiwan)
  • Fujitsu Limited (Tokyo, Japan)
  • Wave Computing, Inc. (California, United States)
  • Mythic Inc. (Texas, United States)
  • Koniku Inc (California, United States)
  • Tenstorrent Inc. (Ontario, Canada)
  • SambaNova Systems Inc (California, United States)
  • Kalray Corporation (Isere, France)
  • XMOS Limited (Bristol, United Kingdom)
  • GreenWaves Technologies (Isere, France)

Fortune Business Insights’ comprehensive business report delves deep into these trends, offering valuable data and industry statistics. By leveraging this knowledge, businesses can develop informed strategies. Whether it’s partnering with established players, targeting specific niches, or investing in innovative technologies, the key lies in aligning strategies with the evolving Artificial Intelligence Chipsets Market size dynamics.

Regional Analysis:

The Regional Analysis section of the Artificial Intelligence Chipsets Market share report provides a nuanced understanding of how geographical factors impact market dynamics and industry growth in 2024. By dissecting data on a regional level, stakeholders gain valuable insights into the unique challenges and opportunities specific to different areas. This in-depth examination of the Artificial Intelligence Chipsets Market size allows businesses to tailor strategies that are not only globally informed but also regionally relevant, ensuring a more targeted and effective approach.

Leading regions by Artificial Intelligence Chipsets Market share:

North America (the USA and Canada)

Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)

Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)

Latin America (Brazil, Mexico and Rest of Latin America)

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Factors Driving Growth in the Artificial Intelligence Chipsets Market Size:

The Artificial Intelligence Chipsets Market Size is experiencing robust expansion, driven by several influential factors that shape its dynamic growth trajectory. Firstly, the surging reliance on artificial intelligence (AI) is a primary driver, propelled by its transformative capabilities across diverse industries. From healthcare to finance, AI is reshaping processes, optimizing decision-making, and automating tasks, significantly impacting the overall size of the Artificial Intelligence Chipsets Market.

Secondly, the escalating demand for AI-driven solutions in data analytics is a pivotal factor influencing the market’s size. With businesses actively seeking to extract meaningful insights from extensive datasets, the adoption of AI-powered chipsets becomes imperative for efficient processing. This trend aligns with the industry’s commitment to delivering innovative solutions tailored to the evolving landscape of data-driven technologies.

Additionally, the integration of AI chipsets in emerging technologies such as the Internet of Things (IoT) further propels market growth. The role of AI chipsets in enhancing the capabilities of IoT devices, enabling intelligent automation, and facilitating predictive analytics contributes significantly to their widespread adoption. This interconnected ecosystem creates a symbiotic relationship, reinforcing the overall size and influence of the Artificial Intelligence Chipsets Market.

As industries continue to leverage the transformative power of AI across various applications, the Artificial Intelligence Chipsets Market Size is poised for sustained growth. The strategic deployment of AI chipsets in diverse sectors and their integration into emerging technological paradigms underscore the industry’s commitment to delivering cutting-edge solutions that cater to the evolving needs of the global market.

Market Segmentation:

The Market Segmentation section provides a detailed analysis of Artificial Intelligence Chipsets Market size detailing how the market is categorized based on various factors, enabling a more nuanced understanding of customer needs and preferences. This strategic approach helps businesses tailor their products, services, and marketing strategies to specific segments, optimizing overall market performance.

By offering a granular analysis of Artificial Intelligence Chipsets Market segmentation, this report equips stakeholders with the tools needed to make informed decisions, enhance customer satisfaction, and stay ahead of evolving market dynamics.

Major Points in TOC:

1. Executive Summary
1.1 Overview
1.2 Key Findings
2. Introduction
2.1 Background
2.2 Scope and Objectives
2.3 Methodology
3. Artificial Intelligence Chipsets Market Growth Overview
3.1 Definition and Classification
3.2 Artificial Intelligence Chipsets Market Share Drivers
3.3 Market Restraints
3.4 Market Opportunities
3.5 Industry Challenges
4. Global Trends and Forecast
4.1 Overview
4.2 Artificial Intelligence Chipsets Market Share Trends
4.3 Industry Share and Future Outlook
4.4 Growth Prospects
5. Artificial Intelligence Chipsets Market Size Regional Analysis
5.1 North America
5.2 Europe
5.3 Asia-Pacific
5.4 Latin America
5.5 Middle East and Africa
6. Artificial Intelligence Chipsets Market Analysis
6.1 Artificial Intelligence Chipsets Market Key Players
6.2 Market Concentration
6.3 Competitive Landscape
6.4 SWOT Analysis
7. Market Segmentation
8. Conclusion
9. Recommendations
10. Appendix

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