The global artificial intelligence chipset market size is
expected to reach USD 59.2 billion by 2025, according to a new report by Grand
View Research, Inc. The artificial intelligence (AI) chipset market is
anticipated to expand at a CAGR of 33.6% from 2019 to 2025. An artificial
intelligence chipset is built on the concept of adding a dedicated component in
an electronic device, to execute machine learning tasks. In addition, an
increased amount of data has led to the need for high-speed processors and
faster computing, which is addressed by incorporating artificial intelligence
into the set of electronic components. For instance, Apple has implemented a
neural engine in its A11 Bionic chip’s GPU to speed-up the third-party
applications. With the growing implementation of AI in smartphones and other
smart devices, the growth in the market has been boosted.
With the rise in artificial
intelligence applications ranging from smartphones to the automobile industry,
the adoption of AI-enabled chipsets has been noted considerably. In addition,
the adoption of smart homes and smart cities is directly influencing the AI
chipset market’s growth by providing numerous opportunities. High demand in
high-speed processors due to increased data complexity is one of the major
factors driving the growth of the market.
Artificial intelligence chipset is
being adopted rapidly in the consumer electronics industry owing to the rising
demand for faster processors. New types of hardware/semiconductor accelerators
are being introduced with the rapid evolution in artificial intelligence with
machine learning and deep learning. AI has been introduced to almost every
industry and majorly in consumer electronics, which has come up with numerous
opportunities in the semiconductors industry. Growing demand for faster
computing processors with reduced operational and maintenance costs has
certainly boosted the AI chipset market growth.
Browse full research report on Artificial Intelligence
Chipset Market: https://www.grandviewresearch.com/industry-analysis/artificial-intelligence-chipset-market
Further key findings from the report suggest:
- A considerable surge in smart home and smart city development
is anticipated to create a broad potential for manufacturers in the
artificial intelligence chip market
- The integration of artificial intelligence using machine
learning and deep learning with a set of electronic components is
estimated to remain a substantial growth opportunity for the market.
Prominent companies as IBM Corporation are significantly involved in the
integration of new artificial intelligence capabilities such as natural
language dialogue and storytelling in their AI chipset tools
- Market players are focusing on providing advanced set of
electronic components, which provides advanced features, such as visual
intelligence for better recognition and differentiation of locations,
spaces, and objects
- Key market players are considering partnerships and
acquisition of startups providing innovative products to expand their
outreach in the market
- The key competitors in the market are Advanced Micro Devices,
Inc.; Google Inc.; Intel Corporation; Baidu, Inc.; Graphcore; Qualcomm
Technologies, Inc.; Adapteva, Inc.; Mythic; Huawei Technologies Co., Ltd.;
and Xilinx Inc.
Browse
request sample of this report by Grand View Research: https://www.grandviewresearch.com/industry-analysis/artificial-intelligence-chipset-market/request/rs1
Grand View Research has segmented the global artificial
intelligence chipset market based on chipset type, workload domain, computing
technology, vertical, and region:
AI Chipset Type Outlook (Revenue, USD Million, 2014 - 2025)
- CPU
- GPU
- FPGA
- ASIC
- Others
AI Chipset Workload Domain Outlook (Revenue, USD Million, 2014 -
2025)
- Training
- Inference
AI Chipset Computing Technology Outlook (Revenue, USD Million,
2014 - 2025)
- Cloud
AI Computing
- Edge
AI Computing
AI Chipset Vertical Outlook (Revenue, USD Million, 2014 - 2025)
- Healthcare
- Manufacturing
- Automotive
- Retail
& E-Commerce
- Marketing
- Consumer
Electronics
- BFSI
- Others
AI Chipset Regional Outlook (Revenue, USD Million, 2014 - 2025)
- North
America
- U.S.
- Canada
- Mexico
- Europe
- U.K.
- Germany
- France
- Asia
Pacific
- China
- Japan
- India
- South
America
- Brazil
- Middle
East and Africa (MEA)
About
Grand View Research
Grand View Research, Inc. is a U.S.
based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides syndicated
research reports, customized research reports, and consulting services. To help
clients make informed business decisions, we offer market intelligence studies
ensuring relevant and fact-based research across a range of industries, from
technology to chemicals, materials and healthcare.
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