The global artificial intelligence (AI) chipset market size was US$ 8.1 billion in 2021. The global artificial intelligence (AI) chipset market is forecast to grow to US$ 141.76 billion by 2030 by growing at a compound annual growth rate (CAGR) of 35.9 during the forecast period from 2022 to 2030.

Factors Influencing the Market

The global artificial intelligence (AI) chipset market is forecast to gain traction, owing to its applications across several industrial verticals. In addition, AI helps reduce the dangers associated with human life. Thus, it will contribute to the growth of the global artificial intelligence (AI) chipset market.

The rapidly increasing data volume and growing demand for more effective systems to solve mathematical and computational problems will offer ample growth opportunities for the global artificial intelligence (AI) chipset market.

The evolution in quantum computing and the growing implementation of AI chips in robotics will boost the growth of the market. Furthermore, the rising adoption of autonomous robotics robots is forecast to offer potential growth opportunities for the market.

The growing number of technological developments such as IoT and industrial initiatives will drive the market forward. In addition, the continuously growing range of internet users will propel the artificial intelligence (AI) chipset market forward.

COVID-19 Impact Analysis

COVID-19 pandemic has been profitable for the Artificial Intelligence (AI), Virtual Reality (VR), and Augmented Reality (AR) industries. Due to the pandemic, the demand for automated technology increased abruptly. The market witnessed significant growth in the healthcare and medical segment. In addition, AI technology helped industries reduce operating conditions costs and offer customer satisfaction. Thus, the global artificial intelligence (AI) chipset market witnessed significant growth due to the pandemic.

Regional Analysis

North America is forecast to dominate the global artificial intelligence (AI) chipset market, owing to a significant rise in the adoption of AI technology across various end-user industries. In addition, the presence of prominent industry giants and emerging AI companies will contribute to the growth of the market.

Demand in the Asia Pacific is expected to grow at the quickest CAGR throughout the forecast period. AI services are being implemented in end-user industries such as manufacturing, healthcare, and other sectors in nations such as Japan, China, Australia, and South Korea, which is driving this expansion. Furthermore, APAC's expansion in the artificial intelligence (AI) chipset market is aided by falling AI hardware costs and the rising need for better customer service.

Competitors in the Market

NVIDIA
Intel Corporation
Xilink
Samsung Electronics
Micron Technology
Qualcomm Technologies
IBM Corporation
Google
Microsoft Corporation
Amazon Web Services
Other Prominent Players
Market Segmentation

Global Artificial Intelligence (AI) Chipset Market, by Chip Type

GPU
ASIC
FPGA
CPU
Global Artificial Intelligence (AI) Chipset Market, by Application -

Natural Language Processing (NLP)
Robotic
Computer Vision
Network Security
Global Artificial Intelligence (AI) Chipset Market, by Technology -

System-On-Chip (SOC)
System-in-Package (SIP)
Multi-Chip Module
Global Artificial Intelligence (AI) Chipset Market, by Processing Type -

Edge
Cloud
Global Artificial Intelligence (AI) Chipset Market, by Industry Vertical -

Media & Advertising
BSFI
IT & Telecom
Retail
Healthcare
Automotive & Transportation
Others
Global Artificial Intelligence (AI) Chipset Market, by region

North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America