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Artificial Intelligence (AI) Chipsets Market Analysis
- Report ID: GMI4267
- Published Date: Feb 2023
- Report Format: PDF
Artificial Intelligence Chipsets Market Analysis
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.
AI chipsets market share from computer vision technology segment is expected to be valued at more than USD 150 billion by 2032. The use of AI chips with computer vision helps in image identification. These chipsets are used across various applications like industrial robots and autonomous cars. Computer vision technology can also help take pictures of objects using sensors. Companies are trying to develop new chipsets using computer vision.
Based on industry vertical, artificial intelligence chipsets market share from the consumer electronics segment is anticipated to record more than 30% CAGR from 2023 to 2032. The demand for AI chipsets will be influenced by rising sales of smartphones and laptops in the consumer electronics sector. Additionally, smart home technology and appliances based on AI chips are becoming mainstream in residencies across emerging nations. The introduction of compact AI chipsets and robust R&D activities in the consumer electronics sector will foster market growth.
Asia Pacific region is predicted to hold over 45% share of the global AI chipsets market by 2032 owing to the rising investments in AI technology. The manufacturing sector is adopting the latest and modern methods of production which has supported the deployment of AI chips. Moreover, new smartwatch and wristband manufacturing companies are steadily integrating AI features in their products and are focusing on expanding their business footprint into international markets.
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Artificial Intelligence (AI) Chipsets Market Scope
