Artificial Intelligence Chip Global Market To Grow At Rate Of 35% Through 2026
Artificial Intelligence Chip Global Market Report 2022 : Market Size, Trends, And Forecast To 2026
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According to ‘Artificial Intelligence Chip Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026’ published by The Business Research Company, the artificial intelligence chip market size is expected to grow from $10.55 billion in 2021 to $15.01 billion in 2022 at a compound annual growth rate (CAGR) of 42.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The market is expected to grow to $49.26 billion in 2026 at a CAGR of 34.6%. An increase in demand for smart homes and smart cities is expected to propel the artificial intelligence chip market growth going forward.
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The artificial intelligence chip market consists of sales of artificial intelligence chip products and services by entities (organizations, sole traders, and partnerships) that are used for assisting clients in obtaining business insights at scale across banking, finance, trading, insurance applications, and client engagements. Artificial intelligence chips refer to the replication of human intelligence functions by machines, particularly computer systems.
Global Artificial Intelligence Chip Market Trends
Technological advancement is a key trend gaining popularity in the artificial intelligence chip market. Major companies in the artificial intelligence chip market are advancing in their new technologies and research and developments in the artificial intelligence chip market, such as the NVIDIA A100 chips to streamline AI training and inference and improve efficiency.
Global Artificial Intelligence Chip Market Segments
The global AI chip market is segmented:
By Chip Type: GPU, ASIC, FPGA, CPU, Other Chip Types
By Processing Type: Edge, Cloud
By Technology: System-On-Chip (SoC), System-In-Package (SIP), Multi-Chip Module, Other Technology
By Application: Natural Language Processing (NLP), Robotics, Computer Vision, Network Security, Other Application
By Industry: Media and Advertising, BFSI, IT and Telecom, Retail, Healthcare, Automotive and Transportation, Other Industry
By Geography: The global AI chip market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America accounts for the largest share.
Read more on the global AI chip market report here
https://www.thebusinessresearchcompany.com/report/artificial-intelligence-chip-global-market-report
Artificial Intelligence Chip Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides artificial intelligence chip market overview, analyzes and artificial intelligence chip market forecast market size and growth for the global AI chip market, artificial intelligence chip market share, AI chip market segments and geographies, artificial intelligence chip market players, artificial intelligence chip market leading competitor revenues, profiles and market shares. The AI chip market report identifies top countries and segments for opportunities and strategies based on market trends and key competitors’ approaches.
TBRC’s Artificial Intelligence Chip Global Market Report 2022 includes information on the following:
Data Segmentations: Market Size, Global, By Region and Country, Historic and Forecast, and Growth Rates for 60 Geographies
Key Market Players: Intel Corporation, Mediatek Inc, NVIDIA Corporation, Qualcomm Technologies Inc, Advanced Micro Devices Inc, Alphabet Inc, NXP Semiconductors N.V, Micron Technology Inc, IBM Corporation, Apple Inc, Huawei Technologies Co. Ltd, Mythic Inc, Samsung Electronics Co. Ltd, LG Corporation, and Google LLC.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
And so much more.
Looking for something else? Here is a list of similar reports by The Business Research Company:
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Semiconductor And Related Devices Global Market Report 2022
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