Global AI Application Specific Integrated Circuit (ASIC) Market Growth 2023-2029

Global AI Application Specific Integrated Circuit (ASIC) Market Growth 2023-2029

The global AI Application Specific Integrated Circuit (ASIC) market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for AI Application Specific Integrated Circuit (ASIC) is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for AI Application Specific Integrated Circuit (ASIC) is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for AI Application Specific Integrated Circuit (ASIC) is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key AI Application Specific Integrated Circuit (ASIC) players cover Google, Huawei, Intel, Sumsung, Arm, NVIDIA, AMD, Microchip and Graphcore, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

AI Application Specific Integrated Circuit (ASIC) is a type of integrated circuit designed specifically for artificial intelligence applications. Unlike general-purpose processors, ASICs are designed for specific applications, and therefore can provide higher performance and efficiency.

The design process of ASICs includes circuit design, verification, physical design, and manufacturing. ASICs typically consist of millions or even billions of transistors that are configured into specific circuits to achieve the desired functionality. ASIC design requires specialized knowledge and a great deal of experience, as their design is highly complex and intricate.

ASICs are widely used in the field of artificial intelligence, such as deep learning, machine learning, and natural language processing. Because ASICs can provide high performance and low power consumption, they are better suited for these applications than general-purpose processors. ASICs are also used in other fields, such as communication, image processing, and audio processing.

LPI (LP Information)' newest research report, the “AI Application Specific Integrated Circuit (ASIC) Industry Forecast” looks at past sales and reviews total world AI Application Specific Integrated Circuit (ASIC) sales in 2022, providing a comprehensive analysis by region and market sector of projected AI Application Specific Integrated Circuit (ASIC) sales for 2023 through 2029. With AI Application Specific Integrated Circuit (ASIC) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world AI Application Specific Integrated Circuit (ASIC) industry.

This Insight Report provides a comprehensive analysis of the global AI Application Specific Integrated Circuit (ASIC) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on AI Application Specific Integrated Circuit (ASIC) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global AI Application Specific Integrated Circuit (ASIC) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for AI Application Specific Integrated Circuit (ASIC) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global AI Application Specific Integrated Circuit (ASIC).

This report presents a comprehensive overview, market shares, and growth opportunities of AI Application Specific Integrated Circuit (ASIC) market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Digital Circuits
Analog Circuits
Hybrid Circuits

Segmentation by application
Speech Recognition (SR)
Knowledge Graph (KG)
Natural Language Processing (NLP)
Computer Vision (CV)
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Google
Huawei
Intel
Sumsung
Arm
NVIDIA
AMD
Microchip
Graphcore
NXP Semiconductor
HiSilicon
Horizon
NationalChip

Key Questions Addressed in this Report

What is the 10-year outlook for the global AI Application Specific Integrated Circuit (ASIC) market?

What factors are driving AI Application Specific Integrated Circuit (ASIC) market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do AI Application Specific Integrated Circuit (ASIC) market opportunities vary by end market size?

How does AI Application Specific Integrated Circuit (ASIC) break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.