Global Artificial Intelligence Chipsets Market to Reach $259.3 Billion by 2030
The global market for Artificial Intelligence Chipsets estimated at US$62.9 Billion in the year 2023, is expected to reach US$259.3 Billion by 2030, growing at a CAGR of 22.4% over the analysis period 2023-2030. AI Chipset Processor, one of the segments analyzed in the report, is expected to record a 21.5% CAGR and reach US$111.6 Billion by the end of the analysis period. Growth in the AI Chipset Memory segment is estimated at 23.6% CAGR for the next 7-year period.
The U.S. Market is Estimated at $20 Billion, While China is Forecast to Grow at 21.1% CAGR
The Artificial Intelligence Chipsets market in the U.S. is estimated at US$20 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$42.5 Billion by the year 2030 trailing a CAGR of 21.1% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 19.6% and 18.8% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 14.3% CAGR.
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