As per MarkNtel 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.

AI Chips Market Systems Market Insights:

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%.

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AI Chips Market Systems Market Segmentation:

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)

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)
• 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

AI Chips Market 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.

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AI Chips Market Drivers:

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.

Report Highlights Essential Insights for Strategic Decision-Making

• Detailed market size, share, and forecast analysis
  • In-depth pricing trends and segment-wise cost evaluations
  • Key industry strategies, including innovation, partnerships, and acquisitions
  • Critical value chain analysis and stakeholder profiling
  • Regional import-export market insights and trade flow assessment
  • Thorough competitive benchmarking of top hearing aid manufacturers
  • Identification of new growth opportunities and niche market segments
  • Overview of market trends, drivers, and challenges shaping future demand

Some of the leading players 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 and others.

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Research Methodology Summary

A systematic approach is used to ensure accurate market insights, combining both bottom-up and top-down methods. Data triangulation validates findings from multiple angles.

Key Steps:

• Define objectives and research design
• Collect data through surveys and interviews
• Analyze and validate data using reliable tools
• Forecast trends and deliver actionable insights

About us:

MarkNtel Advisors is a global research and consulting leader providing actionable intelligence across the ICT & electronics industry, spanning electronic equipment & services, software, and digital infrastructure. We analyze the impact of technologies like AI, IoT, and cloud computing on global business ecosystems. Through Consulting Services, we help technology providers and investors interpret emerging market data, refine digital strategies, and adapt to continuous innovation cycles in the connected economy.

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