The global artificial intelligence chip market size was valued at USD 23.7 Billion in 2024. Looking forward, the market is forecast to reach USD 173.5 Billion by 2033, exhibiting a CAGR of 24.8% during 2025-2033. North America exhibits a clear dominance in the artificial intelligence chip market with 32.1% of the market share. This region is driven by rapid advancements in machine learning, high demand for cloud-based applications, growing investments in AI startups, and widespread adoption of these chips across various industries.
Artificial intelligence (AI) chips are specially designed to run machine learning (ML) workloads through programming frameworks. They comprise field-programmable gate arrays (FPGAs), graphics processing units (GPUs), and application-specific integrated circuits (ASICs). They also consist of AI-optimized features, which can accelerate calculations and computing tasks required by AI algorithms. They rely on small transistors, which run faster and consume less energy as compared to large transistors. They are designed for applications that use artificial neural networks (ANN), which is a machine learning (ML) approach inspired by the human brain. They can execute tasks that are highly complex and dynamic by processing multiple streams of information simultaneously. They eliminate the need to rely on the cloud to store data, as these chips can run AI programs locally on the devices. As they offer natural language processing (NLP), computer vision, robotics, and network security, AI chips find applications in the automotive, information and technology (IT), healthcare, and retail industries across the globe.
2. How big is the artificial intelligence chip market?
3. What is the expected growth rate of the global artificial intelligence chip market during 2025-2033?
4. What are the key factors driving the global artificial intelligence chip market?
5. What is the leading segment of the global artificial intelligence chip market based on the chip type?
6. What is the leading segment of the global artificial intelligence chip market based on technology?
7. What is the leading segment of the global artificial intelligence chip market based on processing type?
8. What is the leading segment of the global artificial intelligence chip market based on application?
9. What is the leading segment of the global artificial intelligence chip market based on industry vertical?
10. What are the key regions in the global artificial intelligence chip market?
11. Who are the key players/companies in the global artificial intelligence chip market?
Artificial intelligence (AI) chips are specially designed to run machine learning (ML) workloads through programming frameworks. They comprise field-programmable gate arrays (FPGAs), graphics processing units (GPUs), and application-specific integrated circuits (ASICs). They also consist of AI-optimized features, which can accelerate calculations and computing tasks required by AI algorithms. They rely on small transistors, which run faster and consume less energy as compared to large transistors. They are designed for applications that use artificial neural networks (ANN), which is a machine learning (ML) approach inspired by the human brain. They can execute tasks that are highly complex and dynamic by processing multiple streams of information simultaneously. They eliminate the need to rely on the cloud to store data, as these chips can run AI programs locally on the devices. As they offer natural language processing (NLP), computer vision, robotics, and network security, AI chips find applications in the automotive, information and technology (IT), healthcare, and retail industries across the globe.
Artificial Intelligence Chip Market Trends:
At present, the rising adoption of AI technology in the automotive industry to manufacture driverless cars and achieve the L5 level of autonomous technology represents one of the key factors supporting the growth of the market. Besides this, there is an increase in the demand for AI-enabled machines to perform various tasks in challenging situations around the world. This, along with the growing focus on developing human-aware AI systems, is offering a favorable market outlook. In addition, key players are investing in neuromorphic research activities to develop techniques inspired by the real neurons in the brain function. They are also utilizing AI and machine learning (ML) to design the next generation of AI chips, which is contributing to the growth of the market. Moreover, the increasing demand for AI chips in consumer electronics, such as laptops, desktops, and gaming consoles, is offering lucrative growth opportunities to industry investors. Apart from this, there is a rise in the employment of advanced technologies in various industries, such as computer vision, big data, augmented reality (AR), and virtual reality (VR), across the globe. This, coupled with the growing utilization of quantum computing technologies to tackle complicated issues and perform analytical computations, is positively influencing the market.Market Segmentation:
This report provides an analysis of the key trends in each segment of the global artificial intelligence chip market, along with forecast at the global, regional, and country levels from 2025-2033. The market has been categorized based on chip type, technology, processing type, application, and industry vertical.Chip Type Insights:
- GPU
- ASIC
- FPGA
- CPU
- Others
Technology Insights:
- System-on-Chip (SoC)
- System-In-Package (SIP)
- Multi-Chip Module
- Others
Processing Type Insights:
- Edge
- Cloud
Application Insights:
- Natural Language Processing (NLP)
- Robotics
- Computer Vision
- Network Security
- Others
Industry Vertical Insights:
- Media and Advertising
- BFSI
- IT and Telecom
- Retail
- Healthcare
- Automotive and Transportation
- Others
Regional Insights:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global artificial intelligence chip market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the companies covered include Advanced Micro Devices Inc., Huawei Technologies Co. Ltd., Intel Corporation, LG Electronics Inc. (LG Corporation), Mediatek Inc., Micron Technology Inc., Mythic Inc., Nvidia Corporation, NXP Semiconductors N.V., Qualcomm Technologies Inc, SK hynix Inc., Toshiba Corporation, etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.Key Questions Answered in This Report
1. What is artificial intelligence chip?2. How big is the artificial intelligence chip market?
3. What is the expected growth rate of the global artificial intelligence chip market during 2025-2033?
4. What are the key factors driving the global artificial intelligence chip market?
5. What is the leading segment of the global artificial intelligence chip market based on the chip type?
6. What is the leading segment of the global artificial intelligence chip market based on technology?
7. What is the leading segment of the global artificial intelligence chip market based on processing type?
8. What is the leading segment of the global artificial intelligence chip market based on application?
9. What is the leading segment of the global artificial intelligence chip market based on industry vertical?
10. What are the key regions in the global artificial intelligence chip market?
11. Who are the key players/companies in the global artificial intelligence chip market?
Table of Contents
1 Preface3 Executive Summary13 Value Chain Analysis15 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global Artificial Intelligence Chip Market
6 Market Breakup by Chip Type
7 Market Breakup by Technology
8 Market Breakup by Processing Type
9 Market Breakup by Application
10 Market Breakup by Industry Vertical
11 Market Breakup by Region
12 SWOT Analysis
14 Porters Five Forces Analysis
16 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- Advanced Micro Devices Inc.
- Huawei Technologies Co. Ltd.
- Intel Corporation
- LG Electronics Inc. (LG Corporation)
- Mediatek Inc.
- Micron Technology Inc.
- Mythic Inc.
- Nvidia Corporation
- NXP Semiconductors N.V.
- Qualcomm Technologies Inc
- SK hynix Inc. and Toshiba Corporation
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 144 |
| Published | May 2025 |
| Forecast Period | 2024 - 2033 |
| Estimated Market Value ( USD | $ 23.7 Billion |
| Forecasted Market Value ( USD | $ 173.5 Billion |
| Compound Annual Growth Rate | 24.8% |
| Regions Covered | Global |
| No. of Companies Mentioned | 11 |
