Artificial Intelligence (AI) Chipset Market expected to expand at a high CAGR in terms of Revenue Generated and Growth Rate by 2032

Artificial Intelligence (AI) Chipset Market Insights: 

The global AI chipset is likely to garner significant traction, witnessing the growing need for digital transformations and big data generation in businesses. Market Research Future (MRFR) confirms that the global artificial intelligence (AI) chipset market will escalate from USD 2.1 BN in 2022 to USD 41.1 BN by 2032, growing at a massive 39.18% CAGR throughout the review period (2023-2032). 

Besides, rising automation & digitization across industries and increasing demand for AI chipsets from automotive, BFSI, retail, telecommunication & IT, and healthcare & pharmaceuticals escalate the AI chipset market value. The increasing number of AI-enabled applications, developments in big data analytics, and AI-based products & services to improve consumer experience drive the artificial intelligence chipset market growth. 

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Key Players:

• NVIDIA Corporation
• Intel Corporation
• Xilinx, Inc.
• Samsung Electronics Co., Ltd.
• Micron Technology, Inc.
• Qualcomm Technologies, Inc.
• International Business Machines Corporation
• Google Inc.
• Microsoft Corporation
• Amazon Web Services
• Advanced Micro Devices, Inc.
• General Vision, Inc.,

are the notable vendors in the Artificial Intelligence (AI) Chipset market. 

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Artificial Intelligence (AI) Chipset Market Regional Analysis: 

North America leads the global artificial intelligence (AI) chipset market. The presence of key players and technology giants such as IBM Corporation, Amazon.com Inc., and others influence the AI chipset market size. Also, the increasing demand for intelligent virtual assistants drives the regional market's growth. 

Besides, increasing R&D investments for developing AI technologies and the digital transformation of regional businesses foster market growth. The increasing implementation of cutting-edge technologies in the automotive and IT & telecom sectors boosts regional market growth. 

Artificial Intelligence (AI) Chipset Market Segmentation: 

The report is segmented into components, technologies, applications, verticals, and regions. The component segment is sub-segmented into hardware {processors (CPU, GPU, ASIC, FPGA), memory, network} and software. The technology segment is sub-segmented into deep learning, machine learning, and natural language processing. The application segment is sub-segmented into smart wearable, smartphones, robotics, security systems, automobile, medical imaging, and others. 

The vertical segment is sub-segmented into automotive, consumer electronics, retail, IT & telecommunication, healthcare, media & entertainment, BFSI, and others. By region, the AI chipset market is segmented into the Americas, Asia-Pacific, MEA, Europe, and the rest of the world. 

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Aug.08, 2023 --- Nvidia (NVDA.O) launched a new configuration for its AI chips designed to speed up generative AI applications. The new version of artificial intelligence Superchips will boost the high-bandwidth memory, allowing the design to power larger AI models. The configuration is optimized to effectively perform artificial intelligence inference functions, powering generative AI applications such as ChatGPT.

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About Market Research Future:

Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis regarding diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.