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Artificial Intelligence Chip Market 2023, Size, Share, Revenue, Rising Trends, Challenges, Future Outlook and Forecast Analysis till 2032: SPER Market Research

admin April 8, 2024 Business, IT Industry, News

The Global Artificial Intelligence Chip Market is thoroughly examined in the study, along with its size and trends, product mix, channels of distribution, and supplier analysis. Artificial intelligence (AI) chips are silicon chips that contain AI technology and are used for machine learning. In a number of commercial industries, AI helps to reduce or eliminate the risk to human life. Because of this, the vast majority of big IT businesses are concentrating on creating AI software and processors.

According to SPER market research, Artificial Intelligence Chip Market Size- By Chip Type, By Applicatio, By Technology, By Industry Vertical – Regional Outlook, Competitive Strategies and Segment Forecast to 2032’state that the Artificial Intelligence Chip Market is estimated to reach USD 443.98 Billion by 2032 with a CAGR of 40.35%.

Drivers:

Consequently, most big IT businesses concentrate on creating AI chips and software. It is also expected that companies in the artificial intelligence chip industry will benefit from the possibility of future growth presented by the advancement of autonomous robots. The market has been expanded by the yearly rise in the number of tech AI start-ups supported by various venture capitalists and venture capital funds in a number of nations, most notably the United States.

Challenges:

It is anticipated that over the forecast period, factors including rising investments in AI start-ups, rising need for smart homes and cities, and the introduction of quantum computing would drive the expansion of the artificial intelligence chip market revenue. AI can provide developing countries like India with the push they need to start smart city initiatives. Artificially intelligent tools and technology provide great promise for the development of smart cities and networked digital houses. Furthermore, the development of a chip featuring an integrated artificial intelligence network has presented a chance for artificial intelligence chip manufacturers.

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Impact of COVID-19 on Artificial Intelligence Chip Market

The market’s growth rate from year to year is most likely going to somewhat slow down. The disrupted supply chains as a result of industry lockdowns and shifting priorities are partially attributable to the low adoption of AI in many end-user industries. The ongoing COVID-19 pandemic has caused financial difficulties. This is expected to completely destroy the supply chain, forcing businesses and entire industries to reassess and adjust to the global supply chain paradigm. The industry and supply chain have suffered as a result of the closure of several manufacturing firms. The implementation of AI-based software and technology has been delayed as a result of this disruption.

Artificial Intelligence Chip Market Key Player

Advanced Micro Devices, Alphabet Inc., Amazon Web Services, Apple, Fujitsu Limited, General Vision, Inc., Google Inc Microsemi, Corporation., Microsoft Corporation, Mythic, NVIDIA Corporation, NXP Semiconductors N.V., Qualcomm Technologies, Inc., SambaNova Systems Inc, Samsung Electronics Co., Ltd., Tenstorrent Inc, Wave Computing Inc, Xilinx, Inc., XMOS Limited, Zero ASIC.

Artificial Intelligence Chip Market Segmentation:

The SPER Market Research report seeks to give market dynamics, demand, and supply forecast for the years up to 2032. This report contains statistics on product type segment growth estimates and forecasts.

By Chip Type

GPU
ASIC
FPGA
CPU

By Application

Natural Language Processing,
Robotics
Computer Vision
Network Security

By Technology

System-on-chip
System-in-package
Multi-chip module

By Industry Vertical

Media & Advertising
BFSI
IT & Telecom
Retail, Healthcare
Automotive & Transportation
Manufacturing
Automotive
Agriculture
Cybersecurity

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Artificial Intelligence Chip Market Demand

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Artificial Intelligence Chip Market Growth 2023, Share, Trends Analysis, Revenue, Key Manufacturers, Business Challenges and Forecast Till 2032: SPER Market Research

admin September 15, 2023 Business, IT Industry, News

Artificial intelligence (AI) chips are silicon chips that contain AI technology and are used for machine learning. AI helps to reduce or eliminate the risk to human life in a variety of commercial areas. As data volume has expanded, it has become more important than ever to develop systems that are better at addressing mathematical and computational challenges. As a result, the bulk of large IT companies are focusing on building AI chips and software.

According to SPER market research, ‘Global Artificial Intelligence Chip Market Size- By Chip Type, By Application, By Technology, By Processing Type, By Industry Vertical, By Hardware, By Function – Regional Outlook, Competitive Strategies and Segment Forecast to 2032’ state that the Global Artificial Intelligence Chip Market is predicted to reach USD 443.98 billion by 2032 with a CAGR of 40.35%.

Artificial intelligence chip market are projected to benefit from the promise of future growth brought about by the development of autonomous robots. Furthermore, several countries, particularly the United States, have experienced an annual increase in the number of tech AI start-ups funded by various venture capitalists and venture capital funds, extending the market. Several key players collaborate to provide a targeted platform. The ability of Mythic’s platform to do digital and analog computations in memory improves performance, accuracy, and power efficiency.

On the other hand, The artificial intelligence (AI) chip business, is anticipated to be limited by high research costs and a dearth of trained workers. Furthermore, increased R&D, growing use of autonomous robotics across a broad range of industrial verticals, and the introduction of high-tech products are projected to open up new market opportunities, propelling the artificial intelligence (AI) chip market forward. North America has the largest regional usage of AI chips.

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There have been economic issues as a result of the ongoing COVID-19 pandemic. It is expected to disrupt the supply chain, forcing firms and entire industries to reassess and comply to the global supply chain paradigm. Several manufacturing firms have gone out of business, significantly hurting the sector and supply chain. As a result of this hiccup, the adoption of AI-based hardware and software has been pushed back.

Geographically, The regional analysis of the artificial intelligence chip market indicates varied trends and dynamics in different geographic locations. The AI chip business is growing in North America, notably in Silicon Valley, thanks to a thriving ecosystem of tech titans, startups, and research institutes. The United States continues to be a global leader in AI chip development, with companies such as Advanced Micro Devices, Alphabet Inc., Amazon Web Services, Apple, Fujitsu Limited, General Vision, Inc., Google Inc., Graphcore Limited, Huawei Technologies Co., Ltd., Intel Corporation.

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AI Chip Market Trends

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Artificial Intelligence Chip Market Growth and Revenue 2023, Demand, will rise CAGR of 40.35%, Emerging Trends and Forecast 2022-2032: SPER Market Research

admin March 31, 2023 Business, IT Industry, News

The demand for more efficient systems to tackle mathematical and computation problems, the advent of quantum computing, and the enlarging usage of AI chips in robotics are predicted to foster the advancement of the global artificial intelligence (AI) chip market. The requirement for AI chips is consistently growing owing to the growing implementation of artificial intelligence in almost every industry, in locations such as voice recognition, object detection, military or medical simulation, intelligent routing, and autonomous propelling among others. Implementation of artificial intelligence not only decreases the cost of functions but augments the proficiency or the response time and decreases the risk to human life at different levels in precise industry verticals.

In addition, with the technological innovations the market is switching towards smart devices, smart cities, and smart homes, resulting in a tremendous elevation in the Artificial Intelligence (AI) Chip market. Furthermore, the augmented investments in AI start-ups along with the emergence of quantum computers, are predicted to elevate the market growth during the coming period.

According to the SPER market research, ‘Artificial Intelligence (AI) Chip Market Size- By Chip Type, By Application, By Technology, By Processing Type, By Industry Vertical, By Hardware, By Function- Regional Outlook, Competitive Strategies and Segment Forecasts to 2032’ state that the global artificial intelligence chip market is predicted to reach USD 443.98 billion by 2032 with a CAGR of 40.35%.

The emergence of quantum computing and the increment in the implementation of AI chips in robotics drive the growth of the global AI chip market considerably. Moreover, the emergence of autonomous robotics – robots that improve and control themselves autonomously – is predicted to deliver potential growth opportunities for the market. however, the dearth of skilled workforce is one of the foremost limitations of the market. Most of the tasks such as testing, cloud implementation, bug fixing, and several others are taken over by AI chips, however, the delivery of such tasks shortage of essential skill sets, which is functioning as a proficient limitation of the market during the near future.

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Several enterprises are moving towards artificial intelligence to decrease complete functioning costs, propelling the growth of the artificial intelligence chip market. Augmented investment in research and development activities for the discovery of improved AI chips has fostered the growth of the artificial intelligence chip market on the international level. The requirement for quantum computing that is used in taking great data sets on functional failures to advance functional proficiency is speedily emerging. This is considered to propel the market’s growth throughout the review duration. The requirement for systems to manage such data sets has augmented with augmented big data.

Continuous innovations in the designing of video games have fostered the requirement for artificial intelligence-based graphic chips in the market. The growing requirement for AI applications from the healthcare and retail segments to manage big data is one of the foremost propelling aspects of the market’s growth.

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Artificial Intelligence Chip Market Share

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Artificial Intelligence Chip Market Revenue, Share, Key Players, Future Growth, Industry Demand, Report and Forecast 2022-2032: SPER Market Research

admin December 20, 2022 Business, IT Industry, News

According to SPER Market Research, AI assists in lowering or eliminating the danger to human life in several commercial sectors. It has become more crucial than ever to create systems that are better at handling mathematical and computational problems as data volume has increased. As a result, the majority of large IT companies focus on developing AI chips and software. Additionally, it is anticipated that market participants for artificial intelligence chips would gain from the potential expansion opportunities brought on by the development of autonomous robots. The number of tech AI start-ups backed by various venture capitalists and venture capital funds has also increased yearly in several countries, most notably the U.S., extending the market.

Artificial Intelligence Chip Market Overview:

Forecast CAGR (2022-2032): 40.35%
Forecast Market Size (2032): 443.98 billion

The growth of the artificial intelligence chip market revenue is predicted to be fuelled by factors such as increasing investments in AI start-ups, increasing demand for smart homes and cities, and the introduction of quantum computing during the forecast period. Emerging nations like India can get the impetus they want from AI to launch smart city programs. Smart cities and networked digital homes contain immense potential for change because of tools and technologies that are artificially intelligent. Additionally, the creation of a chip with an integrated AI network has given market players for artificial intelligence chips an opportunity.

The market is probably likely to witness a minor reduction in year-over-year growth. The limited adoption of AI in many end-user industries is partly to blame for the affected supply chains due to industry lockdowns and changing priorities. The continuous COVID-19 epidemic has resulted in financial challenges. It is anticipated that this will devastate the supply chain and ultimately force companies and whole industries to revaluate and adapt to the global supply chain paradigm. Numerous manufacturing companies have shut down, which has had a negative influence on the industry and supply chain. This interruption has caused a delay in the deployment of AI-based technology and software.

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The Global Artificial Intelligence Chip Market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as; Advanced Micro Devices, Alphabet Inc., Amazon Web Services, Apple, Fujitsu Limited, General Vision, Inc., Google Inc., Graphcore Limited, Huawei Technologies Co., Ltd., Intel Corporation, International Business Machines Corporation, Kalray Corporation, Koniku Inc , Mediatek, Inc., Micron Technology, Inc., Microsemi Corporation., Microsoft Corporation, Mythic, NVIDIA Corporation, NXP Semiconductors N.V., Qualcomm Technologies, Inc., SambaNova Systems Inc, Samsung Electronics Co., Ltd., Tenstorrent Inc, Wave Computing Inc, Xilinx, Inc., XMOS Limited, Zero ASIC.

SPER Market Research study aims to provide market dynamics, demand and supply with yearly forecast to 2032. This report provides data for growth estimates and forecasts for product type segment – By Chip Type (GPU, ASIC, FPGA, CPU, Others), By Application {Natural Language Processing, Robotics, Computer Vision, Network Security, Machine Learning (Deep Learning, Supervised Learning, Reinforced Learning, Unsupervised Learning, Others) Context-aware Computing, Predictive Analysis}, By Technology (System-on-chip, System-in-package, Multi-chip module, Others), By Processing Type (Edge and Cloud), By Industry Vertical (Media & Advertising, BFSI, IT & Telecom, Retail, Healthcare, Automotive & Transportation, Manufacturing, Automotive, Agriculture, Cybersecurity, Human Resources, Law, Fintech, Government, Others), By Hardware (Processor, Memory, Network), By Function (Training and Inference).

This report also provides the data for key regional segments of North America, Europe, Asia-Pacific and Rest of the World.

This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.

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Artificial Intelligence Chip Market Future Outlook

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