Artificial Intelligence Chip Market Drivers, Key Factors And Size Report To 2032

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The Artificial Intelligence Chip Global Market Report 2023 by The Business Research Company, provides artificial intelligence chip market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032.

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According to The Business Research Company’s Artificial Intelligence Chip Global Market Report 2023, the market size is expected to grow from $15.65 billion in 2022 to $23.29 billion in 2023 at a compound annual growth rate (CAGR) of 48.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The artificial intelligence chips market size is expected to grow to $88.85 billion in 2027 at a CAGR of 39.8%.

An increase in demand for smart homes and smart cities is expected to propel the growth of the artificial intelligence chips market going forward. A “smart city” refers to a city that uses digital or information-communication technology to improve the comfort and efficiency of human life. One strategy for urbanisation that aims to achieve sustainable growth is making cities equipped with cutting-edge features for residents to live, walk, shop, and enjoy a safer and more convenient existence.

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The artificial intelligence chip market is segmented:

1) By Chip Type: GPU, ASIC, FPGA, CPU, Other Chip Types

2) By Processing Type: Edge, Cloud

3) By Technology: System-On-Chip (SoC), System-In-Package (SIP), Multi-Chip Module, Other Technologies

4) By Application: Natural Language Processing (NLP), Robotics, Computer Vision, Network Security, Other Applications

5) By Industry: Media and Advertising, BFSI, IT and Telecom, Retail, Healthcare, Automotive and Transportation, Other Industries

Technological advancement is a key trend gaining popularity in the artificial intelligence chips market. Major companies in the artificial intelligence chips market are advancing in their new technologies and research and developments in the artificial intelligence chips market, such as the NVIDIA A100 chips to streamline AI training and inference and improve efficiency. For instance, in May 2020, NVIDIA, a US-based company that specialises in the development and production of chipsets, processors, and related multimedia software for computers operating in the artificial intelligence chips market, launched the EGX A100 and EGX Jetson. The first edge AI product based on the NVIDIA Ampere architecture is the EGX A100. The EGX Jetson is the world’s smallest and most powerful AI supercomputer for microservers, and the product has unique features such as providing high-performance, secure AI processing at the edge. There are two models: the EGX A100 for bigger commercial off-the-shelf servers and the compact EGX Jetson Xavier NX for micro-edge servers. Hospitals, shops, farms, and factories can process and secure the enormous volumes of data pouring from trillions of edge sensors with the NVIDIA EGXTM Edge AI platform.

The artificial intelligence chip market report table of contents includes:

1. Executive Summary

2. Artificial Intelligence Chip Market Characteristics

3. Artificial Intelligence Chip Market Trends And Strategies

4. Artificial Intelligence Chip Market – Macro Economic Scenario

5. Artificial Intelligence Chip Market Size And Growth

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27. Artificial Intelligence Chip Market Competitive Landscape And Company Profiles

28. Key Mergers And Acquisitions In The Artificial Intelligence Chip Market

29. Artificial Intelligence Chip Market Future Outlook and Potential Analysis

30. Appendix

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