Markntel Advisors’ report, AI Chips Research Report: Trend, Business Growth, Size, Future Scope, Segmentation, Dynamics, and Forecast to 2030, offers a comprehensive guide for the growing industry. The expert team of analysts dedicated significant effort to gathering and evaluating the latest market data, resulting in a detailed and up-to-date report that offers valuable insights for individuals who rely on data-driven decisions, including business owners and analysts. The research report on the AI Chips presents well-researched facts and figures pertinent to the industry, whether the goal is to explore new markets, launch a new product, or maintain a competitive advantage.
AI Chips Market Research Report & Market Summary:
The Global 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. The use of AI is increasing extensively in sectors like healthcare, automotive, and retail and as a result, the global market for AI chips is expanding rapidly. Applications like driverless cars, healthcare predictive analytics, and retail shopping experiences all benefit from AI solutions and increased automation and efficiency. The role of sophisticated AI chips in various solutions such as inventory management is estimated which can cut inventory costs by up to 50%.
If you’re interested in the assumptions considered in this study, you can download the PDF brochure- https://www.marknteladvisors.com/query/request-sample/ai-chips-market.html
AI Chips Market Dynamics:
Key Driver-
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.
AI Chips Market Segmentation Analysis:
According to MarkNtel study the market is segmented into the following categories:
By Technology
Machine Learning – Market Size & Forecast 2020-2030, (USD Million)
Natural Language Processing – Market Size & Forecast 2020-2030, (USD Million)
Context-Aware Computing – Market Size & Forecast 2020-2030, (USD Million)
Computer Vision – Market Size & Forecast 2020-2030, (USD Million)
Predictive Analysis – Market Size & Forecast 2020-2030, (USD Million)
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
GPU – Market Size & Forecast 2020-2030, (USD Million)
NPU – Market Size & Forecast 2020-2030, (USD Million)
TPU – Market Size & Forecast 2020-2030, (USD Million)
LPU – Market Size & Forecast 2020-2030, (USD Million)
ASIA – Market Size & Forecast 2020-2030, (USD Million)
FPGA – Market Size & Forecast 2020-2030, (USD Million)
CPU – Market Size & Forecast 2020-2030, (USD Million)
T-Head – Market Size & Forecast 2020-2030, (USD Million)
Others – Market Size & Forecast 2020-2030, (USD Million)
By Process Type
Edge – Market Size & Forecast 2020-2030, (USD Million)
Cloud – Market Size & Forecast 2020-2030, (USD Million)
By Function
Training – Market Size & Forecast 2020-2030, (USD Million)
Inference – Market Size & Forecast 2020-2030, (USD Million)
The Inference segment with an estimated 60% market share is the market leader of AI chips industry. Making predictions or decisions using pre-trained AI models is known as inference and it is essential to real-time applications.
By Memory
DDR – Market Size & Forecast 2020-2030, (USD Million)
HBM – Market Size & Forecast 2020-2030, (USD Million)
By End User
Manufacturing – Market Size & Forecast 2020-2030, (USD Million)
Healthcare – Market Size & Forecast 2020-2030, (USD Million)
Automotive – Market Size & Forecast 2020-2030, (USD Million)
Agriculture – Market Size & Forecast 2020-2030, (USD Million)
Retail – Market Size & Forecast 2020-2030, (USD Million)
Human Resources – Market Size & Forecast 2020-2030, (USD Million)
Marketing – Market Size & Forecast 2020-2030, (USD Million)
BFSI – Market Size & Forecast 2020-2030, (USD Million)
Government – Market Size & Forecast 2020-2030, (USD Million)
Others – Market Size & Forecast 2020-2030, (USD Million)
By Region
North America
South America
Europe
The Middle East & Africa
Asia-Pacific.
North America holds the largest market share in the Global AI Chips Market accounting for approximately 40% of the total market.
As indicated in the latest market research report published by Markntel Advisors, “AI Chips Research Report: Forecast (2025-2030)”, this report offers a detailed analysis of the industry, featuring insights into the AI Chips industry. It encompasses competitor and geographical analyses, as well as recent advancements in the market.
Browse Full Report Along with TOC and Figures – https://www.marknteladvisors.com/research-library/ai-chips-market.html
Top Companies Operating in the AI Chips Market:
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
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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
Note – If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.
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