The Artificial Intelligence Chip Market is projected to reach USD 41.70 billion by 2033, growing from USD 18.33 billion in 2023, with a compound annual growth rate (CAGR) of 4.94% over the forecast period. The market is set for substantial growth, expected to hit $117.07 billion by 2028, driven by a remarkable CAGR of 40.5%. This market includes application-specific integrated circuits (ASICs), field-programmable gate arrays (FPGAs), central processing units (CPUs), and GPUs, serving various sectors such as media, advertising, BFSI, IT, telecom, retail, healthcare, and automotive. It is segmented by chip type, processing type (edge, cloud), technology (system-on-chip, system-in-package), and applications including natural language processing, robotics, computer vision, and network security. Key growth factors include rising data generation, increased investment in AI research, and economic expansion, with a focus on enhancing efficiency and computational speed across diverse industries.
The latest research report by Evolve Business Intelligence explores the various factors influencing the global market. It includes an analysis of the current market size, forecasts for key segments and regions, and the driving forces behind market growth. The report examines the potential impacts of key trends on business strategies and provides a SWOT analysis of critical sectors for each major competitor and customer group. This valuable data highlights the conglomerates likely to impact the industry, crucial for any company planning to invest strategically over the next five years. These insights complement our initial quantitative study, aiding in new investments and strategic planning to mitigate threats in existing sectors.
Segments covered
By Chipset Type (GPU, ASIC, FPGA, CPU)
By Application (Natural Language Processing, Robotic Process Automation, Computer Vision, Network Security, Others)
By Technology (System-on-Chip, System-in-Package, Multi-chip Module, Others)
By Industry Vertical (Media & Advertising, BFSI, IT & Telecom, Retail, Healthcare, Automotive & Transportation, Others),
Key players
NVIDIA Corporation
Alphabet Inc.
Apple
ARM Holding
Intel Corporation
Advanced Micro Devices
Xilinx
Graphcore
Qualcomm
Adapteva
- CHAPTER 1. Executive Summary
- CHAPTER 2. Scope of the Study
- 2.1. Market Definition
- 2.2. Market Scope & Segmentation
- 2.2.1. Objective of Report
- CHAPTER 3. Evolve BI Methodology
- 3.1. Data Collection & Validation Approach
- 3.2. Market Size Estimation and Forecast
- CHAPTER 4. Exclusive Analysis
- 4.1. Market Opportunity Score
- 4.1.1. Chipset Type Segement – Market Opportunity Score
- 4.1.2. ApplicationSegment – Market Opportunity Score
- 4.1.3. Technology Segment – Market Opportunity Score
- 4.1.4. Industry Vertical Segment – Market Opportunity Score
- 4.2. Key Market Influencing Indicators
- CHAPTER 5. Market Insights and Trends
- 5.1. Value Chain Analysis
- 5.1.1. Chipset Type
- 5.1.2. Manufacturing Process
- 5.1.3. Distribution Channel
- 5.1.4. End User
- 5.2. Porter’s Five Forces Analysis
- 5.2.1. Bargaining Power of Buyers
- 5.2.2. Bargaining Power of Suppliers
- 5.2.3. Threat of New Entrant
- 5.2.4. Threat of Substitute
- 5.2.5. Industry Rivalry
- 5.3. COVID-19 Impact and Post COVID Scenario on Artificial Intelligence Chip Market
- 5.3.1. Impact of COVID-19
- 5.3.2. Government Support and Industry Revival Policies
- 5.3.3. Measures Taken by Companies to Mitigate Negative Impact
- 5.3.4. Post COVID Trend
- CHAPTER 6. MArket Dynamics
- 6.1. Introduction
- 6.2. Drivers
- 6.2.1. Driver 1
- 6.2.2. Driver 2
- 6.2.3. Driver 3
- 6.3. Restraints
- 6.3.1. Restraint 1
- 6.3.2. Restraint 2
- 6.4. Opportunity
- 6.4.1. Opportunity 1
- CHAPTER 7. Global Artificial Intelligence Chip Market, By Chipset Type
- 7.1. Introduction
- 7.1.1. GPU
- 7.1.2. ASIC
- 7.1.3. FPGA
- 7.1.4. CPU
- CHAPTER 8. Global Artificial Intelligence Chip Market, By Application
- 8.1. Introduction
- 8.1.1. Natural Language Processing
- 8.1.2. Robotic Process Automation
- 8.1.3. Computer Vision
- 8.1.4. Network Security
- 8.1.5. Others
- CHAPTER 9. Global Artificial Intelligence Chip Market, By Technology
- 9.1. Introduction
- 9.1.1. System-on-Chip
- 9.1.2. System-in-Package
- 9.1.3. Multi-chip Module
- 9.1.4. Others
- CHAPTER 10. Global Artificial Intelligence Chip Market, By Industry Vertical
- 10.1. Introduction
- 10.1.1. Media & Advertising
- 10.1.2. BFSI, IT & Telecom
- 10.1.3. Retail
- 10.1.4. Healthcare
- 10.1.5. Automotive & Transportation
- 10.1.6. Others
- CHAPTER 11. Global Artificial Intelligence Chip Market, By Region
- 11.1. Introduction
- 11.2. NORTH AMERICA
- 11.2.1. North America: Market Size and Forecast, By Country, 2023 – 2033 ($ Million)
- 11.2.2. North America: Market Size and Forecast, By Chipset Type, 2023 – 2033 ($ Million)
- 11.2.3. North America: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.2.4. North America: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
- 11.2.5. North America: Market Size and Forecast, By Industry Vertical, 2023 – 2033 ($ Million)
- 11.2.6. US
- 11.2.6.1. US: Market Size and Forecast, By Chipset Type, 2023 – 2033 ($ Million)
- 11.2.6.2. US: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.2.6.3. US: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
- 11.2.6.4. US: Market Size and Forecast, By Industry Vertical, 2023 – 2033 ($ Million)
- 11.2.7. CANADA
- 11.2.7.1. Canada: Market Size and Forecast, By Chipset Type, 2023 – 2033 ($ Million)
- 11.2.7.2. Canada: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.2.7.3. Canada: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
- 11.2.7.4. Canada: Market Size and Forecast, By Industry Vertical, 2023 – 2033 ($ Million)
- 11.2.8. MEXICO
- 11.2.8.1. Mexico: Market Size and Forecast, By Chipset Type, 2023 – 2033 ($ Million)
- 11.2.8.2. Mexico: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.2.8.3. Mexico: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
- 11.2.8.4. Mexico: Market Size and Forecast, By Industry Vertical, 2023 – 2033 ($ Million)
- 11.3. Europe
- 11.3.1. Europe: Market Size and Forecast, By Country, 2023 – 2033 ($ Million)
- 11.3.2. Europe: Market Size and Forecast, By Chipset Type, 2023 – 2033 ($ Million)
- 11.3.3. Europe: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.3.4. Europe: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
- 11.3.5. Europe: Market Size and Forecast, By Industry Vertical, 2023 – 2033 ($ Million)
- 11.3.6. U.K.
- 11.3.6.1. U.K.: Market Size and Forecast, By Chipset Type, 2023 – 2033 ($ Million)
- 11.3.6.2. U.K.: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.3.6.3. U.K.: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
- 11.3.6.4. U.K.: Market Size and Forecast, By Industry Vertical, 2023 – 2033 ($ Million)
- 11.3.7. GERMANY
- 11.3.7.1. Germany: Market Size and Forecast, By Chipset Type, 2023 – 2033 ($ Million)
- 11.3.7.2. Germany: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.3.7.3. Germany: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
- 11.3.7.4. Germany: Market Size and Forecast, By Industry Vertical, 2023 – 2033 ($ Million)
- 11.3.8. FRANCE
- 11.3.8.1. France: Market Size and Forecast, By Chipset Type, 2023 – 2033 ($ Million)
- 11.3.8.2. France: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.3.8.3. France: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
- 11.3.8.4. France: Market Size and Forecast, By Industry Vertical, 2023 – 2033 ($ Million)
- 11.3.9. ITALY
- 11.3.9.1. Italy: Market Size and Forecast, By Chipset Type, 2023 – 2033 ($ Million)
- 11.3.9.2. Italy: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.3.9.3. Italy: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
- 11.3.9.4. Italy: Market Size and Forecast, By Industry Vertical, 2023 – 2033 ($ Million)
- 11.3.10. SPAIN
- 11.3.10.1. Spain: Market Size and Forecast, By Chipset Type, 2023 – 2033 ($ Million)
- 11.3.10.2. Spain: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.3.10.3. Spain: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
- 11.3.10.4. Spain: Market Size and Forecast, By Industry Vertical, 2023 – 2033 ($ Million)
- 11.3.11. BENELUX
- 11.3.11.1. BeNeLux: Market Size and Forecast, By Chipset Type, 2023 – 2033 ($ Million)
- 11.3.11.2. BeNeLux: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.3.11.3. BeNeLux: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
- 11.3.11.4. BeNeLux: Market Size and Forecast, By Industry Vertical, 2023 – 2033 ($ Million)
- 11.3.12. RUSSIA
- 11.3.12.1. Russia: Market Size and Forecast, By Chipset Type, 2023 – 2033 ($ Million)
- 11.3.12.2. Russia: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.3.12.3. Russia: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
- 11.3.12.4. Russia: Market Size and Forecast, By Industry Vertical, 2023 – 2033 ($ Million)
- 11.3.13. REST OF EUROPE
- 11.3.13.1. Rest of Europe: Market Size and Forecast, By Chipset Type, 2023 – 2033 ($ Million)
- 11.3.13.2. Rest of Europe: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.3.13.3. Rest of Europe: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
- 11.3.13.4. Rest of Europe: Market Size and Forecast, By Industry Vertical, 2023 – 2033 ($ Million)
- 11.4. Asia Pacific
- 11.4.1. Asia Pacific: Market Size and Forecast, By Country, 2023 – 2033 ($ Million)
- 11.4.2. Asia Pacific: Market Size and Forecast, By Chipset Type, 2023 – 2033 ($ Million)
- 11.4.3. Asia Pacific: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.4.4. Asia Pacific: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
- 11.4.5. Asia Pacific: Market Size and Forecast, By Industry Vertical, 2023 – 2033 ($ Million)
- 11.4.6. CHINA
- 11.4.6.1. China: Market Size and Forecast, By Chipset Type, 2023 – 2033 ($ Million)
- 11.4.6.2. China: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.4.6.3. China: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
- 11.4.6.4. China: Market Size and Forecast, By Industry Vertical, 2023 – 2033 ($ Million)
- 11.4.7. JAPAN
- 11.4.7.1. Japan: Market Size and Forecast, By Chipset Type, 2023 – 2033 ($ Million)
- 11.4.7.2. Japan: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.4.7.3. Japan: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
- 11.4.7.4. Japan: Market Size and Forecast, By Industry Vertical, 2023 – 2033 ($ Million)
- 11.4.8. INDIA
- 11.4.8.1. India: Market Size and Forecast, By Chipset Type, 2023 – 2033 ($ Million)
- 11.4.8.2. India: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.4.8.3. India: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
- 11.4.8.4. India: Market Size and Forecast, By Industry Vertical, 2023 – 2033 ($ Million)
- 11.4.9. SOUTH KOREA
- 11.4.9.1. South Korea: Market Size and Forecast, By Chipset Type, 2023 – 2033 ($ Million)
- 11.4.9.2. South Korea: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.4.9.3. South Korea: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
- 11.4.9.4. South Korea: Market Size and Forecast, By Industry Vertical, 2023 – 2033 ($ Million)
- 11.4.10. THAILAND
- 11.4.10.1. Thailand: Market Size and Forecast, By Chipset Type, 2023 – 2033 ($ Million)
- 11.4.10.2. Thailand: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.4.10.3. Thailand: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
- 11.4.10.4. Thailand: Market Size and Forecast, By Industry Vertical, 2023 – 2033 ($ Million)
- 11.4.11. INDONESIA
- 11.4.11.1. Indonesia: Market Size and Forecast, By Chipset Type, 2023 – 2033 ($ Million)
- 11.4.11.2. Indonesia: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.4.11.3. Indonesia: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
- 11.4.11.4. Indonesia: Market Size and Forecast, By Industry Vertical, 2023 – 2033 ($ Million)
- 11.4.12. MALAYSIA
- 11.4.12.1. Malaysia: Market Size and Forecast, By Chipset Type, 2023 – 2033 ($ Million)
- 11.4.12.2. Malaysia: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.4.12.3. Malaysia: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
- 11.4.12.4. Malaysia: Market Size and Forecast, By Industry Vertical, 2023 – 2033 ($ Million)
- 11.4.13. AUSTRALIA
- 11.4.13.1. Australia: Market Size and Forecast, By Chipset Type, 2023 – 2033 ($ Million)
- 11.4.13.2. Australia: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.4.13.3. Australia: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
- 11.4.13.4. Australia: Market Size and Forecast, By Industry Vertical, 2023 – 2033 ($ Million)
- 11.4.14. REST FO ASIA PACIFIC
- 11.4.14.1. Rest fo Asia Pacific: Market Size and Forecast, By Chipset Type, 2023 – 2033 ($ Million)
- 11.4.14.2. Rest fo Asia Pacific: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.4.14.3. Rest fo Asia Pacific: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
- 11.4.14.4. Rest fo Asia Pacific: Market Size and Forecast, By Industry Vertical, 2023 – 2033 ($ Million)
- 11.5. South America
- 11.5.1. South America: Market Size and Forecast, By Country, 2023 – 2033 ($ Million)
- 11.5.2. South America: Market Size and Forecast, By Chipset Type, 2023 – 2033 ($ Million)
- 11.5.3. South America: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.5.4. South America: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
- 11.5.5. South America: Market Size and Forecast, By Industry Vertical, 2023 – 2033 ($ Million)
- 11.5.6. BRAZIL
- 11.5.6.1. Brazil: Market Size and Forecast, By Chipset Type, 2023 – 2033 ($ Million)
- 11.5.6.2. Brazil: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.5.6.3. Brazil: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
- 11.5.6.4. Brazil: Market Size and Forecast, By Industry Vertical, 2023 – 2033 ($ Million)
- 11.5.7. ARGENTINA
- 11.5.7.1. Argentina: Market Size and Forecast, By Chipset Type, 2023 – 2033 ($ Million)
- 11.5.7.2. Argentina: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.5.7.3. Argentina: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
- 11.5.7.4. Argentina: Market Size and Forecast, By Industry Vertical, 2023 – 2033 ($ Million)
- 11.5.8. REST OF SOUTH AMERICA
- 11.5.8.1. Rest of South America: Market Size and Forecast, By Chipset Type, 2023 – 2033 ($ Million)
- 11.5.8.2. Rest of South America: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.5.8.3. Rest of South America: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
- 11.5.8.4. Rest of South America: Market Size and Forecast, By Industry Vertical, 2023 – 2033 ($ Million)
- 11.6. Middle East & Africa
- 11.6.1. Middle East & Africa: Market Size and Forecast, By Country, 2023 – 2033 ($ Million)
- 11.6.2. Middle East & Africa: Market Size and Forecast, By Chipset Type, 2023 – 2033 ($ Million)
- 11.6.3. Middle East & Africa: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.6.4. Middle East & Africa: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
- 11.6.5. Middle East & Africa: Market Size and Forecast, By Industry Vertical, 2023 – 2033 ($ Million)
- 11.6.6. SAUDI ARABIA
- 11.6.6.1. Saudi Arabia: Market Size and Forecast, By Chipset Type, 2023 – 2033 ($ Million)
- 11.6.6.2. Saudi Arabia: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.6.6.3. Saudi Arabia: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
- 11.6.6.4. Saudi Arabia: Market Size and Forecast, By Industry Vertical, 2023 – 2033 ($ Million)
- 11.6.7. UAE
- 11.6.7.1. UAE: Market Size and Forecast, By Chipset Type, 2023 – 2033 ($ Million)
- 11.6.7.2. UAE: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.6.7.3. UAE: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
- 11.6.7.4. UAE: Market Size and Forecast, By Industry Vertical, 2023 – 2033 ($ Million)
- 11.6.8. EGYPT
- 11.6.8.1. Egypt: Market Size and Forecast, By Chipset Type, 2023 – 2033 ($ Million)
- 11.6.8.2. Egypt: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.6.8.3. Egypt: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
- 11.6.8.4. Egypt: Market Size and Forecast, By Industry Vertical, 2023 – 2033 ($ Million)
- 11.6.9. SOUTH AFRICA
- 11.6.9.1. South Africa: Market Size and Forecast, By Chipset Type, 2023 – 2033 ($ Million)
- 11.6.9.2. South Africa: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.6.9.3. South Africa: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
- 11.6.9.4. South Africa: Market Size and Forecast, By Industry Vertical, 2023 – 2033 ($ Million)
- 11.6.10. REST OF MIDDLE EAST & AFRICA
- 11.6.10.1. Rest of Middle East & Africa: Market Size and Forecast, By Chipset Type, 2023 – 2033 ($ Million)
- 11.6.10.2. Rest of Middle East & Africa: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.6.10.3. Rest of Middle East & Africa: Market Size and Forecast, By Technology, 2023 – 2033 ($ Million)
- 11.6.10.4. Rest of Middle East & Africa: Market Size and Forecast, By Industry Vertical, 2023 – 2033 ($ Million)
- CHAPTER 12. Competitive Landscape
- 12.1. Competitior Benchmarking 2023
- 12.2. Market Share Analysis
- 12.3. Key Developments Analysis By Top 5 Companies
- 12.4. Market Share Acquisition Strategies: Analysis of Key Approaches Employed by Top Players
- CHAPTER 13. Company Profiles
- 13.1. NVIDIA Corporation
- 13.1.1. Business Overview
- 13.1.2. Financial Analysis
- 13.1.2.1. Business Segment Revenue, 2018, 2019, 2020, $ Million
- 13.1.2.2. Geographic Revenue Mix, 2020 (% Share)
- 13.1.3. Product Portfolio
- 13.1.4. Recent Development and Strategies Adopted
- 13.1.5. SWOT Analysis
- 13.2. Alphabet Inc.
- 13.3. Apple
- 13.4. ARM Holding
- 13.5. Intel Corporation
- 13.6. Advanced Micro Devices
- 13.7. Xilinx
- 13.8. Graphcore
- 13.9. Qualcomm
- 13.10. Adapteva
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