Global Quick Overview of the Artificial Intelligence Chip Market Analysis
The objective of the Global Artificial Intelligence Chip Market Research Report is to provide a detailed and useful data, and a geographical perspective for predictions of future. The recommendations included in the report are supposed to be insightful and actionable, offering a thorough understanding of the industry. Moreover, it includes a comprehensive table of contents, relevant data, and an analysis of numerous important aspects that have impacted the market.
According to the latest report analysis by MarkNtel Advisors, the Global Artificial Intelligence Chip Market size was valued at USD 15.23 billion in 2022 & is estimated to grow at a CAGR of around 37.89% during the forecast period, i.e., 2023-28. This detailed study provides a detailed overview of the current market state, including market trends, opportunities, along with the recent developments. In-depth analysis of market share, size, forecast, and competitive landscape is also covered in this report that presents a clear picture of the industry with relevant statistical data.
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Latest Challenge Contributing in the Artificial Intelligence Chip Industry:
Global Artificial Intelligence Chip Market Driver:
Digitalization & AI integration in the Healthcare Sector to Catalyse the Market Growth– The healthcare sector worldwide is experiencing rapid digitalization, spurred by government support and initiatives. Countries like Germany, South Korea, India, among others, are swiftly adopting digital health technologies including electronic health records, telemedicine, and other innovations, resulting in the generation of vast volumes of healthcare data. AI chips play a pivotal role in efficiently processing and analysing this data, leading to a significant increase in demand from medical device manufacturers on a global scale.
Furthermore, the integration of AI within the field of radiology is on a steep ascent, driven by its potential to enhance diagnostic precision, streamline workflows, and elevate patient care. By leveraging AI algorithms and machine learning, radiologists gain access to valuable insights that helps in detection of abnormalities, improve diagnostics, and enhance overall care. This development has led numerous medical device manufacturers to incorporate AI into their devices.
A Detailed Outlook of Artificial Intelligence Chip Market Segmentation
The Market Segmentation analysis provides and accurate data of the industry to help the analysts make smart strategic investment decisions. Also, the prediction of the market is included for national, and level in the research. The study analyses latest trends of the industry from 2023-28 for each of the category. Different segments were used to classify the market for this study are listed below:
-By Chip Type
- Graphical Processing Unit (GPU) – Market Size & Forecast 2018-2028F, USD Million
- Central Processing Unit (CPU) – Market Size & Forecast 2018-2028F, USD Million
- Application-Specific Integrated Circuit (ASIC) – Market Size & Forecast 2018-2028F, USD Million
- Field-Programmable Gate Array (FPGA) – Market Size & Forecast 2018-2028F, USD Million
- Others (NPUs, TPU) – Market Size & Forecast 2018-2028F, USD Million
-By Processing Type
- Edge – Market Size & Forecast 2018-2028F, USD Million
- Cloud – Market Size & Forecast 2018-2028F, USD Million
-By Technology
- System-On-Chip (SOC) – Market Size & Forecast 2018-2028F, USD Million
- System-In-Package (SIP) – Market Size & Forecast 2018-2028F, USD Million
- Multi-Chip Module- Market Size & Forecast 2018-2028F, USD Million
- Others (TSV, HBM, etc.)- Market Size & Forecast 2018-2028F, USD Million
-By Application
- Natural Language Processing (NLP)- Market Size & Forecast 2018-2028F, USD Million
- Robotic Process Automation- Market Size & Forecast 2018-2028F, USD Million
- Computer Vision- Market Size & Forecast 2018-2028F, USD Million
- Network Security- Market Size & Forecast 2018-2028F, USD Million
- Others (Autonomous Systems, Recommendation Systems, etc.)- Market Size & Forecast 2018-2028F, USD Million
-By End User
- BFSI – Market Size & Forecast 2018-2028F, USD Million
- IT & Telecom- Market Size & Forecast 2018-2028F, USD Million
- Retail- Market Size & Forecast 2018-2028F, USD Million
- Healthcare- Market Size & Forecast 2018-2028F, USD Million
- Manufacturing- Market Size & Forecast 2018-2028F, USD Million
- Automotive- Market Size & Forecast 2018-2028F, USD Million
- Energy and Utilities – Market Size & Forecast 2018-2028F, USD Million
- Others (Media & Entertainment, Logistics, etc.)- Market Size & Forecast 2018-2028F, USD Million
Explore Our Comprehensive Study: https://www.marknteladvisors.com/research-library/global-artificial-intelligence-chip-market.html
Geographical Analysis:
-By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Among them, Asia Pacific region is anticipated to witness an exponential growth rate in the Global Artificial Intelligence Chip Market driven by the surging expansion of end-user industries in the region. The rapid growth of the ICT industry across major economies such as China, India, Japan, and South Korea, supported by government initiatives to rapidly boost innovations in technology and reduce dependence on foreign tech giants is widely fueling the demand for AI chipsets in APAC.
Additionally, the proliferation in the adoption of AI-driven devices in notable end-user verticals involving healthcare, finance, autonomous vehicles, and other manufacturing industries to enhance business operations is further driving the demand for AI chips in the region. According to the International Data Corporation, as of 2023, over 49.6% of healthcare providers in Asia-Pacific are looking to invest in generative AI to enhance patient care and boost productivity in clinics.
Lead the Artificial Intelligence Chip Market with a Deep Evaluation of the Competition
This report also includes accurate facts, figures, and market data into income assessments, and projections in the industry by using a wide range of statistical tools and knowledge about the market by the experts. Each notable market participant has a SWOT evaluation, a profile and a complementary Porter’s Five Forces analysis.
Moreover, to take the benefits of new opportunities, dominating players have been constantly realigning their systems, and methods of operation. We also evaluate major businesses that are influences on a geographical scale along with the small and medium-sized businesses that plays crucial role and have substantial opportunity for expansion in order to accurately reflect the levels of market competition.
The details on the following key players is presented in this section as:
- NVIDIA Corporation
- Intel Corporation
- Advanced Micro Devices, Inc.
- Micron Technology
- QualcommTechnologies , Inc.
- IBM Corporation
- Google LLC
- Microsoft Corporation
- Amazon Web Services, Inc.
- General Vision Inc.
- Huawei Technologies Co., Ltd.
- Graphcore
- Baidu, Inc
- Samsung
- Others
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Key Report Highlights
- Market Dimensions & Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Primary Stakeholders,
- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
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