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Artificial Intelligence (AI) Chipsets Market - By Product (GPU, ASIC, CPU, FPGA, By Technology (Natural Language Processing (NLP), Robotic Process Automation (RPA), Computer Vision, Network Security), By Processing Type (Edge, Cloud), By Industry Vertical & Forecast, 2023-2032

  • Report ID: GMI4267
  • Published Date: Feb 2023
  • Report Format: PDF

Artificial Intelligence Chipsets Market Size

AI Chipset Market size was valued at more than USD 15 billion in 2022 and is projected to record over 35% CAGR through 2023 and 2032. The growing use of advanced voice assistant features in smartphones would boost product uptake over the forecast period.
 

Artificial Intelligence (AI) Chipsets Market

To understand key trends  

AI enhances smartphone functionality in several ways, including voice assistants, intelligent photography, and object detection. Nowadays smartwatch manufacturers are offering products integrated with AI capabilities that can carry out tasks like playing music, taking calls, and creating reminders.
 

Emerging usage of these devices among millennials and Gen Z would drive the demand for AI chipsets. According to estimates, around 45% of Americans regularly wear smartwatches such as Apple Watches or Fitbits. New investments by the major AI chip manufacturers such as Alphabet, Apple, Arm, Intel, Nvidia, and Qualcomm to enhance product capabilities will fuel market growth.
 

Data security concerns and a lack of skilled workforce could impede the AI chipset industry to some extent. AI systems generate enormous amounts of data and information from a variety of applications, such as fingerprint recognition, biometrics, and public surveillance cameras. Such information can be used by cybercriminals and hackers for commercial and personal gains. For instance, in the Europe region, ransomware is one of the major cyber threats, with more than 10 TB of stolen data each month. Installation of advanced security software could support the adoption of AI chipsets without the concern of data loss.
 

Artificial Intelligence Chipsets Market Analysis

Global AI Chipset Market  Revenue Share By Product

To understand key trends  

AI chipset market share from CPU segment is expected to surpass USD 75 billion by 2032. CPUs are less expensive compared to FPGA and ASIC processors and allow workload isolation in a shared infrastructure environment. Many chipset manufacturers are delving into the production of new AI-based CPUs dedicated to specific applications. For instance, in 2021, NVIDIA announced its first data center CPU that will deliver 10x the performance of the fastest servers on the most complex AI and high-performance computing workloads.
 

Authors: Suraj Gujar

Frequently Asked Questions (FAQ) :

Artificial Intelligence (AI) Chipset Market size was valued at more than USD 15 billion in 2022 and is projected to record over 35% CAGR through 2023 and 2032.
AI chipset industry share from the CPU segment is expected to surpass USD 75 billion by 2032 as they are less expensive compared to FPGA and ASIC processors.
Asia Pacific AI chipsets market is predicted to hold over 45% share by 2032 owing to the rising investments in AI technology by key industry players.
Qualcomm Technologies, NVIDIA, Baidu, Inc., Advanced Micro Devices, Micron Technology, Microsoft, IBM, Google, Broadcom Limited, Samsung Electronics, and Intel Corporation are the leading manufacturers of AI chipsets.

Artificial Intelligence (AI) Chipsets Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 28
  • Tables & Figures: 343
  • Countries covered: 19
  • Pages: 230
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