NEW YORK , Nov. 21, 2024 /PRNewswire/ -- Report on how AI is driving market transformation - The global artificial intelligence (AI) chips market size is estimated to grow by USD 389.25 billion from 2024-2028, according to Technavio.
The market is estimated to grow at a CAGR of over 68.13% during the forecast period. Increasing adoption of ai chips in data centers is driving market growth, with a trend towards convergence of AI and IoT.
However, dearth of technically skilled workers for ai chips development poses a challenge.Key market players include Advanced Micro Devices Inc., Alphabet Inc.
, Baidu Inc., Broadcom Inc., Cerebras, Fujitsu Ltd.
, Graphcore Ltd., Huawei Technologies Co. Ltd.
, Intel Corp., International Business Machines Corp., MediaTek Inc.
, Microchip Technology Inc., NVIDIA Corp., NXP Semiconductors NV, Qualcomm Inc.
, SambaNova Systems Inc., Samsung Electronics Co. Ltd.
, SenseTime Group Inc., Taiwan Semiconductor Manufacturing Co. Ltd.
, and Tesla Inc.. Key insights into market evolution with AI-powered analysis.
Explore trends, segmentation, and growth drivers- View Free Sample PDF Artificial Intelligence (Ai) Chips Market Scope Report Coverage Details Base year 2023 Historic period 2018 - 2022 Forecast period 2024-2028 Growth momentum & CAGR Accelerate at a CAGR of 68.13% Market growth 2024-2028 USD 389251.3 million Market structure Fragmented YoY growth 2022-2023 (%) 53.
8 Regional analysis North America, Europe, APAC, South America, and Middle East and Africa.