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Artificial Intelligence Chip Market Size, Share | Analysis 2022-2027

The latest research study “Artificial Intelligence Chip Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that the global artificial intelligence chip market size reached a value of US$ 9.64 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 66.4 Billion by 2027, exhibiting a CAGR of 35.20% during 2022-2027.

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What are artificial intelligence chips?

Artificial intelligence (AI) are specialized silicon chips that are used to solve complex computational and mathematical problems while minimizing human errors. They are faster and more efficient than CPUs and can effortlessly process big data volume tasks. They also offer various benefits, such as power efficiency, high performance, usability, security, and enhanced data privacy. Owing to these properties, AI intelligence chips find extensive applications in intelligent robots, voice recognition, autonomous vehicles, and smart hardware.

Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

The market is primarily driven by the increasing usage of social media and e-commerce platforms, leading to massive growth in data volumes. In addition, the rising product adoption in AI self-driving vehicles and life-saving medical instruments represents a major growth-inducing factor.

Besides this, the market is further propelled by the rapid adoption of cloud-based services and user-friendly antivirus and antimalware solutions.

Furthermore, the introduction of quantum computing, the rising customer inclination toward the Internet of Things (IoT), the escalating demand for smart homes, and the emergence of autonomous robotics are some of the other factors providing a boost to the market growth.

Explore Full Report with TOC & List of Figures: https://www.imarcgroup.com/artificial-intelligence-chip-market

Important Note: If the link is not clickable please open it in a new tab, you will get detailed analysis of the market, growth analysis graphs, historical period analysis, forecast period analysis, major market segmentation, top leading key players of the market, table of content, list of figures, and list of tables.

Global Artificial Intelligence Chip Market 2022-2027 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Advanced Micro Devices Inc., Huawei Technologies Co. Ltd., Intel Corporation, LG Electronics Inc. (LG Corporation), Mediatek Inc., Micron Technology Inc., Mythic Inc., Nvidia Corporation, NXP Semiconductors N.V., Qualcomm Technologies Inc, SK hynix Inc. and Toshiba Corporation.

The report has segmented the market on the basis of region, chip type, technology, processing type, application and industry vertical.

Breakup by Chip Type:

  • GPU
  • ASIC
  • FPGA
  • CPU
  • Others

Breakup by Technology:

  •  System-on-Chip (SoC)
  • System-In-Package (SIP)
  • Multi-Chip Module
  • Others

Market Breakup by Processing Type:

  • Edge
  • Cloud

Breakup by Application:

Breakup by Industry Vertical:

  • Media and Advertising
  • BFSI
  • IT and Telecom
  • Retail
  • Healthcare
  • Automotive and Transportation
  • Others

Market Breakup by Region:

  • North America: (United States, Canada)
  • Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America: (Brazil, Mexico, Others)
  • Middle East and Africa

If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

Key highlights of the report:

  • Market Performance (2016-2021)
  • Market Outlook (2022- 2027)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

Read Also: Drug Screening Market Size, Industry Share, Report and Forecast 2022-2027

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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Kate

Kate Johnson is a content writer, who has worked for various websites and has a keen interest in Forex and stock market. He is also a college graduate who has a B.A in Journalism.

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