AI Chips Market Size, Share, Trends, Demand, Growth and Competitive Analysis| MarkNtel
MarkNtel Advisors recently published a detailed industry analysis of the AI Chips Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.
AI Chips Market Size, Share, and Trends
Analysis Report – Industry Overview and Forecast to 2030
The AI Chips Market size was valued
at around USD 123 billion in 2024 and is projected to
reach USD 360 billion by 2030. The market is also estimated to grow
at a CAGR of around 20.2% during the forecast period, i.e., 2025-30.
What are
the major Driver the AI Chips industry?
Urgent Need for Big Data and Real-Time
Analytics – The growing
demand for big data and real-time analytics are some of the driving forces
ensuring the growth of AI chips globally. The rapid growth of data generated by
digital platforms, IoT devices, and bigger industries', necessitates high-power
computing solutions to process information quickly to gain insights that can be
put to use. In 2024, on an average day, over 402.74 million terabytes of data
were produced, which only highlights how pressing the need for real-time
analytics has become.
AI chips designed
for high-speed calculations and parallel processing are essential for managing
large data. For instance, financial institutions such as Wells Fargo and ICICI
banks use AI chips for processing thousands of transactions per second and for
real-time fraud detection. These chips are used in the healthcare industry for
predictive analytics to monitor patients and diagnostics, leading to enhanced
results and faster response times. Additionally, companies using social media
and e-commerce rely on AI chips to provide tailored suggestions that increase
user engagement and revenue. These fields' quick adoption of AI chips
emphasizes how important they are for facilitating real-time decision-making
and streamlining processes.
One of the main
factors propelling the global market for AI chips is the pressing need for big
data and real-time analytics. Given the exponential growth in data produced by
digital platforms, IoT devices, and industries businesses need sophisticated
computing solutions to process data quickly and produce insights that can be
put to use. The amount of data generated every day in 2024 was estimated to be
over 402.74 million terabytes highlighting the magnitude of the need for
real-time analytics.
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What segments define the AI Chips market
from 2025 to 2030? How do these segments contribute to market dynamics and
growth?
·
By Technology
o Machine Learning –
Market Size & Forecast 2020-2030, (USD Million)
o Natural Language Processing – Market Size &
Forecast 2020-2030, (USD Million)
o Context-Aware Computing – Market Size &
Forecast 2020-2030, (USD Million)
o Computer Vision – Market Size & Forecast
2020-2030, (USD Million)
o Predictive Analysis – Market Size & Forecast
2020-2030, (USD Million)
According to report, Based on the
technology, Machine Learning (ML) segment dominates the global market for AI chips
holding about 40% of the entire market.
·
By Chips Type
o GPU – Market Size & Forecast 2020-2030, (USD
Million)
o NPU – Market Size & Forecast 2020-2030, (USD
Million)
o TPU – Market Size & Forecast 2020-2030, (USD
Million)
o LPU – Market Size & Forecast 2020-2030, (USD
Million)
o ASIA – Market Size & Forecast 2020-2030, (USD
Million)
o FPGA – Market Size & Forecast 2020-2030, (USD
Million)
o CPU – Market Size & Forecast 2020-2030, (USD
Million)
o T-Head – Market Size & Forecast 2020-2030, (USD
Million)
o Others – Market Size & Forecast 2020-2030, (USD
Million)
·
By Process Type
o Edge – Market Size & Forecast 2020-2030, (USD
Million)
o Cloud – Market Size & Forecast 2020-2030, (USD
Million)
·
By Function
o Training – Market Size & Forecast 2020-2030,
(USD Million)
o Inference – Market Size & Forecast 2020-2030,
(USD Million)
According to report, The Inference segment
with an estimated 60% market share is the market leader of AI chips industry.
·
By Memory
o DDR – Market Size & Forecast 2020-2030, (USD
Million)
o HBM – Market Size & Forecast 2020-2030, (USD
Million)
·
By End User
o Manufacturing – Market Size & Forecast
2020-2030, (USD Million)
o Healthcare – Market Size & Forecast 2020-2030,
(USD Million)
o Automotive – Market Size & Forecast 2020-2030,
(USD Million)
o Agriculture – Market Size & Forecast 2020-2030,
(USD Million)
o Retail – Market Size & Forecast 2020-2030, (USD
Million)
o Human Resources – Market Size & Forecast
2020-2030, (USD Million)
o Marketing – Market Size & Forecast 2020-2030,
(USD Million)
o BFSI – Market Size & Forecast 2020-2030, (USD
Million)
o Government – Market Size & Forecast 2020-2030,
(USD Million)
o Others – Market Size & Forecast 2020-2030, (USD
Million)
Explore the Complete AI Chips Market
Analysis Report – https://www.marknteladvisors.com/research-library/ai-chips-market.html
Geographical Analysis: AI Chips Market
o North America
o South America
o Europe
o The Middle East & Africa
o Asia-Pacific
AI Chips Market Share & Competitive
Landscape:
The AI Chips
Market is characterized by intense competition, with several key players
driving growth through innovation, market expansion, and strategic investments.
The competitive landscape provides valuable insights into the industry's
leading companies, highlighting their strengths, financial performance, and
market influence.
Leading Companies in the AI Chips Market are:
- NVIDIA
- Google
Cloud
- AMD
- Intel
- Qualcomm
- Apple
Inc.
- IBM
- Cerebras
Systems Inc.
- Microsoft
Corporation
- TSMC
- Amazon
Web Services
- Alphabet
Inc.
- Micron
Technology
- Applied
Materials
- Texas
Instruments
- Samsung
- HCL
Technologies
AI Chips Industry Recent Development:
- November 2024: AMD ramped up AI chip development, focusing on new processors and
strategic partnerships to meet the surging demand for high-performance
computing. The company aims to strengthen its position in the competitive
AI chip market.
- March 2024: Tech giant NVIDIA unveils new ‘superchips’ to power AI at a developer’s
conference, highlighting the rapid advancement of computing.
Questions Addressed in this
Study
1.What factors are
driving the AI Chips Market growth?
2.How is the AI
Chips Market expected to grow over the next five years?
3.What are the key
insights into the current trends in the AI Chips Market?
4.What is the
current size of the AI Chips Market, and how is it projected to change in the
future?
6.What is the
future outlook for the AI Chips Market in terms of technological advancements
and market expansion?
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Why MarkNtel Advisors?
MarkNtel Advisors
is a leading research, consulting, & data analytics firm that provides an
extensive range of strategic reports on diverse industry verticals. We deliver
data to a substantial & varied client base, including multinational
corporations, financial institutions, governments, & individuals, among
others.
Our specialization
in niche industries & emerging geographies allows our clients to formulate
their strategies in a much more informed way and entail parameters like
Go-to-Market (GTM), product development, feasibility analysis, project scoping,
market segmentation, competitive benchmarking, market sizing & forecasting,
& trend analysis, among others, for 15 diverse industrial verticals.
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