MarkNtel Advisors, a leading market research firm, has showed its latest study titled “Artificial Intelligence Chip Market“, offering a detailed industry overview and market perspective. This comprehensive research provides insights into the current state of the market, highlighting recent advancements and emerging trends.
The report combines in-depth quantitative analysis with qualitative analysis; it ranges from macro-overviews of the overall market size, industry chain, and market dynamics to micro details of segment markets. This, as a result, provides a thorough overview of the industry under study as well as a profound understanding of all of its important features.
Analysis and Insights into the Artificial Intelligence Chip Market: 2023-2028
The Artificial Intelligence Chip Market size is valued at around USD 15.23 billion in 2022 andis projected to grow at a CAGR of around 37.89% during the forecast period, i.e., 2023-28.
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What are the primary factors driving the growth of the Artificial Intelligence Chip Market?
Global Artificial Intelligence Chip Market Driver: Digitalization & AI integration in the Healthcare Sector to Catalyse the Market Growth
The healthcare sector worldwide is experiencing rapid digitalization, spurred by government support and initiatives. Countries like Germany, South Korea, India, among others, are swiftly adopting digital health technologies including electronic health records, telemedicine, and other innovations, resulting in the generation of vast volumes of healthcare data. AI chips play a pivotal role in efficiently processing and analysing this data, leading to a significant increase in demand from medical device manufacturers on a global scale.
Furthermore, the integration of AI within the field of radiology is on a steep ascent, driven by its potential to enhance diagnostic precision, streamline workflows, and elevate patient care. By leveraging AI algorithms and machine learning, radiologists gain access to valuable insights that helps in detection of abnormalities, improve diagnostics, and enhance overall care. This development has led numerous medical device manufacturers to incorporate AI into their devices. For instance,
In 2023, Philips unveiled AI-powered CT systems designed to expedite routine radiology and high-volume screening programs.
With medical device manufacturers continuing to introduce AI-driven solutions for radiology applications, the demand for specialized AI chips capable of meeting the computational demands of these advanced algorithms is poised for significant growth.
Artificial Intelligence Chip Market Segmentation:
The Artificial Intelligence Chip Market is categorized in to different segments. Analyzing growth across these segments enables a comprehensive understanding of key growth areas within the industry. This segmentation provides valuable market insights, empowering stakeholders to make strategic decisions and identify primary market applications effectively.
By Chip Type
-Graphical Processing Unit (GPU)
-Central Processing Unit (CPU)
-Application-Specific Integrated Circuit (ASIC)
-Field-Programmable Gate Array (FPGA)
-Others (NPUs, TPU)
By Processing Type
-Edge
-Cloud
By Technology
-System-On-Chip (SOC)
-System-In-Package (SIP)
-Multi-Chip Module
-Others (TSV, HBM, etc.)
By Application
-Natural Language Processing (NLP)
-Robotic Process Automation
-Computer Vision
-Network Security
-Others (Autonomous Systems, Recommendation Systems, etc.)
- all the application that has garnered a substantial demand is Natural Language Processing (NLP) as it serves as the backbone for a multitude of transformative technologies and services across various industries.
By End User
-BFSI
-IT & Telecom
-Retail
-Healthcare
-Manufacturing
-Automotive
-Energy and Utilities
-Others (Media & Entertainment, Logistics, etc.)
Geographical Analysis into the Vivid Hair Dye Market:
- North America: US, Canada, Mexico
- Europe: Germany, The UK, France, Spain, Italy, Rest of Europe
- Asia-Pacific: China, India, Japan, South Korea, Australia, Rest of Asia-Pacific
- South America: Brazil, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, South Africa, Rest of MEA
Read Detailed Index of full Research Study at – https://www.marknteladvisors.com/research-library/global-artificial-intelligence-chip-market.html
Competitive Landscape and Artificial Intelligence Chip Market Share Analysis:
The competitive landscape of the Artificial Intelligence Chip Market includes comprehensive details about competitors. These details encompass company overviews, financial performance, revenue generation, market potential, investments in research and development, new market strategies, production facilities, strengths and weaknesses, product launches, ongoing trials, approvals, patents, product range, dominant applications, and technology life cycle.
The report features major players including:
NVIDIA Corporation, Intel Corporation, Advanced Micro Devices, Inc, Micron Technology, QUALCOMM Technologies, Inc., IBM Corporation, Google LLC, Microsoft Corporation, Amazon Web Services, Inc. , General Vision Inc., Huawei Technologies Co., Ltd., Graphcore , Baidu, Samsung, Others
Market research studies from MarkNtel Advisors are offered in PDF, Excel and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address.
Questions Addressed in this Study
- What factors are driving the Artificial Intelligence Chip Market growth?
- How is the Artificial Intelligence Chip Market expected to grow over the next five years?
- What are the key insights into the current trends in the Artificial Intelligence Chip Market?
- What is the current size of the Artificial Intelligence Chip Market, and how is it projected to change in the future?
- What is the future outlook for the Artificial Intelligence Chip Market in terms of technological advancements and market expansion?
Why choose MarkNtel?
MarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 14.8 diverse industrial verticals.
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