The Global Artificial Intelligence Chip Market size was valued at around USD 118 billion in 2024 and is projected to reach USD 293 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 16.37% during the forecast period, i.e., 2025-30. According to MarkNtel Advisors Study.
Global Artificial Intelligence Chip Market Driver:
Digitalization & AI Integration in Healthcare Sector Driving Market Growth – The healthcare sector worldwide is experiencing rapid digitalization, spurred by government support and initiatives. Countries like Germany, South Korea, and 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 analyzing 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 help in the 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.
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Key Market Reports Highlights
- Market Dimensions & Projections
- Pricing Evaluation
- Recent Strategic Moves by Companies
- Primary Stakeholders
- Import/Export Trend Analysis
- Competitive Landscape Assessment
- Emerging Opportunities
- Market Trends and Indicators
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Global Artificial Intelligence Chip Market Segmentation:
The market report categorizes the market based on different segments and geographical analysis.
Study Timeline:
-Base Year: 2024
-Historical Period: 2020 to 2023
-Forecast Period: 2025 to 2030
- By Chip Type
- Graphical Processing Unit (GPU) – Market Size & Forecast 2020-2030F, USD Million
- Central Processing Unit (CPU) – Market Size & Forecast 2020-2030F, USD Million
- Application-Specific Integrated Circuit (ASIC) – Market Size & Forecast 2020-2030F, USD Million
- Field-Programmable Gate Array (FPGA) – Market Size & Forecast 2020-2030F, USD Million
- Others (NPUs, TPU) – Market Size & Forecast 2020-2030F, USD Million
- By Processing Type
- Edge – Market Size & Forecast 2020-2030F, USD Million
- Cloud – Market Size & Forecast 2020-2030F, USD Million
- By Technology
- System-On-Chip (SOC) – Market Size & Forecast 2020-2030F, USD Million
- System-In-Package (SIP) – Market Size & Forecast 2020-2030F, USD Million
- Multi-Chip Module- Market Size & Forecast 2020-2030F, USD Million
- Others (TSV, HBM, etc.)- Market Size & Forecast 2020-2030F, USD Million
- By Application
- Natural Language Processing (NLP)- Market Size & Forecast 2020-2030F, USD Million
- Robotic Process Automation- Market Size & Forecast 2020-2030F, USD Million
- Computer Vision- Market Size & Forecast 2020-2030F, USD Million
- Network Security- Market Size & Forecast 2020-2030F, USD Million
- Others (Autonomous Systems, Recommendation Systems, etc.)- Market Size & Forecast 2020-2030F, USD Million
- By End User
- BFSI – Market Size & Forecast 2020-2030F, USD Million
- IT & Telecom- Market Size & Forecast 2020-2030F, USD Million
- Retail- Market Size & Forecast 2020-2030F, USD Million
- Healthcare- Market Size & Forecast 2020-2030F, USD Million
- Manufacturing- Market Size & Forecast 2020-2030F, USD Million
- Automotive- Market Size & Forecast 2020-2030F, USD Million
- Energy and Utilities – Market Size & Forecast 2020-2030F, USD Million
- Others (Media & Entertainment, Logistics, etc.)- Market Size & Forecast 2020-2030F, USD Million
- By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Competitive Landscape
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including – NVIDIA Corporation, Intel Corporation, Advanced Micro Devices, Inc., Micron Technology, QualcommTechnologies , Inc., IBM Corporation, Google LLC, Microsoft Corporation, Amazon Web Services, Inc., General Vision Inc., Huawei Technologies Co., Ltd., Graphcore, Baidu, Inc, Samsung, Others looking forward to strengthening their market positions.
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