The global artificial intelligence chip market reached a value of US$ 9.64 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 66.4 Billion by 2027, exhibiting a CAGR of 35.20% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Artificial intelligence (AI) chips are specialized silicon chips that incorporate AI technology to solve complex computational and mathematical problems and minimize human errors. They are utilized to manage large and parallel systems seamlessly. Since they are faster and more efficient than CPUs for the training and inference of AI algorithms, they are extensively used for machine learning. These chips address the necessity for faster processing of big data volumes to accomplish machine learning tasks quickly. They also provide various benefits, such as usability, data privacy and security, due to which they are widely integrated with smartphones. There are four kinds of artificial intelligence: reactive machines, theory of mind, self-awareness, and limited memory. Some of the applications of AI chips include intelligent robots, voice recognition, autonomous vehicles, and smart hardware.
Artificial Intelligence Chip Market Trends:
The market is primarily driven by the ever-increasing usage of social media and e-commerce platforms, leading to massive growth in data volumes. Consequently, this has led to the rising requirement for AI chips across the globe. Numerous players in the information technology (IT) industry are focusing on developing efficient processors, which is acting as a significant growth-inducing factor for the market. The widespread applications of deep learning algorithms, coupled with the emergence of quantum computing, are also providing various growth opportunities in the market. In line with this, the rising customer inclination toward the Internet of Things (IoT) devices is creating a positive outlook for the market. Furthermore, the escalating demand for smart homes and smart cities, growing investments in AI start-ups, and the emergence of autonomous robotics are some of the other factors providing a boost to the market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global artificial intelligence chip market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on chip type, technology, processing type, application and industry vertical.
Breakup by Chip Type:
Breakup by Technology:
- System-on-Chip (SoC)
- System-In-Package (SIP)
- Multi-Chip Module
- Others
Breakup by Processing Type:
Breakup by Application:
- Natural Language Processing (NLP)
- Robotics
- Computer Vision
- Network Security
- Others
Breakup by Industry Vertical:
- Media and Advertising
- BFSI
- IT and Telecom
- Retail
- Healthcare
- Automotive and Transportation
- Others
Breakup by Region:
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Advanced Micro Devices Inc., Huawei Technologies Co. Ltd., Intel Corporation, LG Electronics Inc. (LG Corporation), Mediatek Inc., Micron Technology Inc., Mythic Inc., Nvidia Corporation, NXP Semiconductors N.V., Qualcomm Technologies Inc, SK hynix Inc. and Toshiba Corporation.
Key Questions Answered in This Report:
- How has the global artificial intelligence chip market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global artificial intelligence chip market?
- What are the key regional markets?
- What is the breakup of the market based on the chip type?
- What is the breakup of the market based on the technology?
- What is the breakup of the market based on the processing type?
- What is the breakup of the market based on the application?
- What is the breakup of the market based on the industry vertical?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global artificial intelligence chip market and who are the key players?
- What is the degree of competition in the industry?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Artificial Intelligence Chip Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Chip Type
- 6.1 GPU
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 ASIC
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 FPGA
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 CPU
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
- 6.5 Others
- 6.5.1 Market Trends
- 6.5.2 Market Forecast
7 Market Breakup by Technology
- 7.1 System-on-Chip (SoC)
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 System-In-Package (SIP)
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Multi-Chip Module
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Others
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
8 Market Breakup by Processing Type
- 8.1 Edge
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Cloud
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
9 Market Breakup by Application
- 9.1 Natural Language Processing (NLP)
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Robotics
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
- 9.3 Computer Vision
- 9.3.1 Market Trends
- 9.3.2 Market Forecast
- 9.4 Network Security
- 9.4.1 Market Trends
- 9.4.2 Market Forecast
- 9.5 Others
- 9.5.1 Market Trends
- 9.5.2 Market Forecast
10 Market Breakup by Industry Vertical
- 10.1 Media and Advertising
- 10.1.1 Market Trends
- 10.1.2 Market Forecast
- 10.2 BFSI
- 10.2.1 Market Trends
- 10.2.2 Market Forecast
- 10.3 IT and Telecom
- 10.3.1 Market Trends
- 10.3.2 Market Forecast
- 10.4 Retail
- 10.4.1 Market Trends
- 10.4.2 Market Forecast
- 10.5 Healthcare
- 10.5.1 Market Trends
- 10.5.2 Market Forecast
- 10.6 Automotive and Transportation
- 10.6.1 Market Trends
- 10.6.2 Market Forecast
- 10.7 Others
- 10.7.1 Market Trends
- 10.7.2 Market Forecast
11 Market Breakup by Region
- 11.1 North America
- 11.1.1 United States
- 11.1.1.1 Market Trends
- 11.1.1.2 Market Forecast
- 11.1.2 Canada
- 11.1.2.1 Market Trends
- 11.1.2.2 Market Forecast
- 11.2 Asia-Pacific
- 11.2.1 China
- 11.2.1.1 Market Trends
- 11.2.1.2 Market Forecast
- 11.2.2 Japan
- 11.2.2.1 Market Trends
- 11.2.2.2 Market Forecast
- 11.2.3 India
- 11.2.3.1 Market Trends
- 11.2.3.2 Market Forecast
- 11.2.4 South Korea
- 11.2.4.1 Market Trends
- 11.2.4.2 Market Forecast
- 11.2.5 Australia
- 11.2.5.1 Market Trends
- 11.2.5.2 Market Forecast
- 11.2.6 Indonesia
- 11.2.6.1 Market Trends
- 11.2.6.2 Market Forecast
- 11.2.7 Others
- 11.2.7.1 Market Trends
- 11.2.7.2 Market Forecast
- 11.3 Europe
- 11.3.1 Germany
- 11.3.1.1 Market Trends
- 11.3.1.2 Market Forecast
- 11.3.2 France
- 11.3.2.1 Market Trends
- 11.3.2.2 Market Forecast
- 11.3.3 United Kingdom
- 11.3.3.1 Market Trends
- 11.3.3.2 Market Forecast
- 11.3.4 Italy
- 11.3.4.1 Market Trends
- 11.3.4.2 Market Forecast
- 11.3.5 Spain
- 11.3.5.1 Market Trends
- 11.3.5.2 Market Forecast
- 11.3.6 Russia
- 11.3.6.1 Market Trends
- 11.3.6.2 Market Forecast
- 11.3.7 Others
- 11.3.7.1 Market Trends
- 11.3.7.2 Market Forecast
- 11.4 Latin America
- 11.4.1 Brazil
- 11.4.1.1 Market Trends
- 11.4.1.2 Market Forecast
- 11.4.2 Mexico
- 11.4.2.1 Market Trends
- 11.4.2.2 Market Forecast
- 11.4.3 Others
- 11.4.3.1 Market Trends
- 11.4.3.2 Market Forecast
- 11.5 Middle East and Africa
- 11.5.1 Market Trends
- 11.5.2 Market Breakup by Country
- 11.5.3 Market Forecast
12 SWOT Analysis
- 12.1 Overview
- 12.2 Strengths
- 12.3 Weaknesses
- 12.4 Opportunities
- 12.5 Threats
13 Value Chain Analysis
14 Porters Five Forces Analysis
- 14.1 Overview
- 14.2 Bargaining Power of Buyers
- 14.3 Bargaining Power of Suppliers
- 14.4 Degree of Competition
- 14.5 Threat of New Entrants
- 14.6 Threat of Substitutes
15 Price Analysis
16 Competitive Landscape
- 16.1 Market Structure
- 16.2 Key Players
- 16.3 Profiles of Key Players
- 16.3.1 Advanced Micro Devices Inc.
- 16.3.1.1 Company Overview
- 16.3.1.2 Product Portfolio
- 16.3.1.3 Financials
- 16.3.1.4 SWOT Analysis
- 16.3.2 Huawei Technologies Co. Ltd.
- 16.3.2.1 Company Overview
- 16.3.2.2 Product Portfolio
- 16.3.2.3 SWOT Analysis
- 16.3.3 Intel Corporation
- 16.3.3.1 Company Overview
- 16.3.3.2 Product Portfolio
- 16.3.3.3 Financials
- 16.3.3.4 SWOT Analysis
- 16.3.4 LG Electronics Inc. (LG Corporation)
- 16.3.4.1 Company Overview
- 16.3.4.2 Product Portfolio
- 16.3.4.3 Financials
- 16.3.4.4 SWOT Analysis
- 16.3.5 Mediatek Inc.
- 16.3.5.1 Company Overview
- 16.3.5.2 Product Portfolio
- 16.3.5.3 Financials
- 16.3.5.4 SWOT Analysis
- 16.3.6 Micron Technology Inc.
- 16.3.6.1 Company Overview
- 16.3.6.2 Product Portfolio
- 16.3.6.3 Financials
- 16.3.6.4 SWOT Analysis
- 16.3.7 Mythic Inc.
- 16.3.7.1 Company Overview
- 16.3.7.2 Product Portfolio
- 16.3.8 Nvidia Corporation
- 16.3.8.1 Company Overview
- 16.3.8.2 Product Portfolio
- 16.3.8.3 Financials
- 16.3.8.4 SWOT Analysis
- 16.3.9 NXP Semiconductors N.V.
- 16.3.9.1 Company Overview
- 16.3.9.2 Product Portfolio
- 16.3.9.3 Financials
- 16.3.9.4 SWOT Analysis
- 16.3.10 Qualcomm Technologies Inc
- 16.3.10.1 Company Overview
- 16.3.10.2 Product Portfolio
- 16.3.10.3 Financials
- 16.3.10.4 SWOT Analysis
- 16.3.11 SK hynix Inc.
- 16.3.11.1 Company Overview
- 16.3.11.2 Product Portfolio
- 16.3.11.3 Financials
- 16.3.11.4 SWOT Analysis
- 16.3.12 Toshiba Corporation
- 16.3.12.1 Company Overview
- 16.3.12.2 Product Portfolio
- 16.3.12.3 Financials
- 16.3.12.4 SWOT Analysis