Artificial Intelligence (AI) Chip Market Report and Forecast 2025-2034

The global artificial intelligence (AI) chip market size reached approximately USD 19.60 Billion in 2024 . The market is further projected to grow at a CAGR of 28.80% between 2025 and 2034, reaching a value of USD 246.27 Billion by 2034 .

Key Trends in the Market

Artificial intelligence (AI) chip is an integrated circuit designed for learning workload and to run machines via programming frameworks. Artificial intelligence chips include fixed-programmable gate arrays, application-specified integrated circuits, and graphics processing units. These chips gain efficiency and speed by incorporating large numbers of smaller transistors that consume less energy and run faster.

  • The rising demand for artificial intelligence enabled machines as they minimise and eliminate the risk of human errors in various industry verticals is aiding the artificial intelligence (AI) chip market growth.
  • The rising implementation of artificial intelligence chips in robotics along with the emergence of quantum computing is expected to boost the market expansion. Moreover, increased efforts towards the development of autonomous robots are also increasing the demand for artificial intelligence chips.
  • The rising demand for smart homes and increasing development of smart cities along with huge investments in AI related startups are expected to positively influence the market growth. AI chips are an integral component of smart homes and cities as they are especially designed accelerators for artificial neural network (ANN) based applications.
Global Artificial Intelligence (AI) Chip Market Analysis

Global Artificial Intelligence (AI) Chip Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:

Market Breakup by Chip Type
  • GPU
  • ASIC
  • FPGA
  • CPU
  • Others
Market Breakup by Technology
  • System On Chip
  • System In Package
  • Multi Chip Module
  • Others
Market Breakup by Processing Type
  • EDGE
  • Cloud
Market Breakup by Application
  • Nature Language Processing
  • Robotics
  • Computer Vision
  • Network Security
  • Others
Market Breakup by End Use
  • Automotive and Transportation
  • BFSI
  • Healthcare
  • IT and Telecom
  • Media and Advertising
  • Retail
  • Others
Market Breakup by Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
Market Share by End Use

The BFSI sector is anticipated to account for a significant artificial intelligence (AI) chip market share over the forecast period as the deployment of advanced solutions in banking and finance applications helps accelerate productivity and reduce burden by eliminating the risk of human error. Artificial intelligence chips are an integral part of AI technology which aids the BFSI sector in preventing systemic failures, lowering operational risks, and implementing fraud prevention and detection strategies.

Market Share by Region

North America is expected to account for a significant share of the market owing to the continuous efforts of various government institutions and organisations towards the development and deployment of advanced technological solutions, including robotics and automation. The rising investments by major market players in the United States towards the development of smart artificial intelligence chip solutions are also expected to boost the market growth in the region. Moreover, the rising requirement in the IT and telecom sector is also boosting the artificial intelligence (AI) chip market demand in North America.

Competitive Landscape

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the artificial intelligence (AI) chip market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.

Intel Corporation

Intel Corporation is one of the world's largest semiconductor chip manufacturers and is known for supplying microprocessors for computer system manufacturers including Dell, HP, and Lenovo, among others. Intel also manufactures products such as graphic chips, motherboard chipsets, and embedded processors.

Alphabet Inc.

Alphabet Inc. is a multinational technology conglomerate holding company, headquartered in California, United States. Alphabet is the parent company of a diverse set of subsidiaries including, Calico, Google, Verily, and Wing, among others.

IBM Corporation

IBM Corporation, founded in 1911 is an IT services and IT consulting company that specialises in IT infrastructure, artificial intelligence, and technology support, among others. The company is headquartered in New York, United States.

Other market players include Nvidia Corporation, Qualcomm Technologies, Inc, Graphcore Limited, Advanced Micro Devices, Inc., Micron Technology, Inc, MediaTek Inc, and SambaNova Systems, among others.


1 Executive Summary
1.1 Market Size 2024-2025
1.2 Market Growth 2025(F)-2034(F)
1.3 Key Demand Drivers
1.4 Key Players and Competitive Structure
1.5 Industry Best Practices
1.6 Recent Trends and Developments
1.7 Industry Outlook
2 Market Overview and Stakeholder Insights
2.1 Market Trends
2.2 Key Verticals
2.3 Key Regions
2.4 Supplier Power
2.5 Buyer Power
2.6 Key Market Opportunities and Risks
2.7 Key Initiatives by Stakeholders
3 Economic Summary
3.1 GDP Outlook
3.2 GDP Per Capita Growth
3.3 Inflation Trends
3.4 Democracy Index
3.5 Gross Public Debt Ratios
3.6 Balance of Payment (BoP) Position
3.7 Population Outlook
3.8 Urbanisation Trends
4 Country Risk Profiles
4.1 Country Risk
4.2 Business Climate
5 Global Artificial Intelligence (AI) Chip Market Analysis
5.1 Key Industry Highlights
5.2 Global Artificial Intelligence (AI) Chip Historical Market (2018-2024)
5.3 Global Artificial Intelligence (AI) Chip Market Forecast (2025-2034)
5.4 Global Artificial Intelligence (AI) Chip Market by Chip Type
5.4.1 GPU
5.4.1.1 Historical Trend (2018-2024)
5.4.1.2 Forecast Trend (2025-2034)
5.4.2 ASIC
5.4.2.1 Historical Trend (2018-2024)
5.4.2.2 Forecast Trend (2025-2034)
5.4.3 FPGA
5.4.3.1 Historical Trend (2018-2024)
5.4.3.2 Forecast Trend (2025-2034)
5.4.4 CPU
5.4.4.1 Historical Trend (2018-2024)
5.4.4.2 Forecast Trend (2025-2034)
5.4.5 Others
5.5 Global Artificial Intelligence (AI) Chip Market by Technology
5.5.1 System On Chip
5.5.1.1 Historical Trend (2018-2024)
5.5.1.2 Forecast Trend (2025-2034)
5.5.2 System In Package
5.5.2.1 Historical Trend (2018-2024)
5.5.2.2 Forecast Trend (2025-2034)
5.5.3 Multi Chip Module
5.5.3.1 Historical Trend (2018-2024)
5.5.3.2 Forecast Trend (2025-2034)
5.5.4 Others
5.6 Global Artificial Intelligence (AI) Chip Market by Processing Type
5.6.1 EDGE
5.6.1.1 Historical Trend (2018-2024)
5.6.1.2 Forecast Trend (2025-2034)
5.6.2 Cloud
5.6.2.1 Historical Trend (2018-2024)
5.6.2.2 Forecast Trend (2025-2034)
5.7 Global Artificial Intelligence (AI) Chip Market by Application
5.7.1 Nature Language Processing
5.7.1.1 Historical Trend (2018-2024)
5.7.1.2 Forecast Trend (2025-2034)
5.7.2 Robotics
5.7.2.1 Historical Trend (2018-2024)
5.7.2.2 Forecast Trend (2025-2034)
5.7.3 Computer Vision
5.7.3.1 Historical Trend (2018-2024)
5.7.3.2 Forecast Trend (2025-2034)
5.7.4 Network Security
5.7.4.1 Historical Trend (2018-2024)
5.7.4.2 Forecast Trend (2025-2034)
5.7.5 Others
5.8 Global Artificial Intelligence (AI) Chip Market by End Use
5.8.1 Automotive and Transportation
5.8.1.1 Historical Trend (2018-2024)
5.8.1.2 Forecast Trend (2025-2034)
5.8.2 BFSI
5.8.2.1 Historical Trend (2018-2024)
5.8.2.2 Forecast Trend (2025-2034)
5.8.3 Healthcare
5.8.3.1 Historical Trend (2018-2024)
5.8.3.2 Forecast Trend (2025-2034)
5.8.4 IT and Telecom
5.8.4.1 Historical Trend (2018-2024)
5.8.4.2 Forecast Trend (2025-2034)
5.8.5 Media and Advertising
5.8.5.1 Historical Trend (2018-2024)
5.8.5.2 Forecast Trend (2025-2034)
5.8.6 Retail
5.8.6.1 Historical Trend (2018-2024)
5.8.6.2 Forecast Trend (2025-2034)
5.8.7 Others
5.9 Global Artificial Intelligence (AI) Chip Market by Region
5.9.1 North America
5.9.1.1 Historical Trend (2018-2024)
5.9.1.2 Forecast Trend (2025-2034)
5.9.2 Europe
5.9.2.1 Historical Trend (2018-2024)
5.9.2.2 Forecast Trend (2025-2034)
5.9.3 Asia Pacific
5.9.3.1 Historical Trend (2018-2024)
5.9.3.2 Forecast Trend (2025-2034)
5.9.4 Latin America
5.9.4.1 Historical Trend (2018-2024)
5.9.4.2 Forecast Trend (2025-2034)
5.9.5 Middle East and Africa
5.9.5.1 Historical Trend (2018-2024)
5.9.5.2 Forecast Trend (2025-2034)
6 North America Artificial Intelligence (AI) Chip Market Analysis
6.1 United States of America
6.1.1 Historical Trend (2018-2024)
6.1.2 Forecast Trend (2025-2034)
6.2 Canada
6.2.1 Historical Trend (2018-2024)
6.2.2 Forecast Trend (2025-2034)
7 Europe Artificial Intelligence (AI) Chip Market Analysis
7.1 United Kingdom
7.1.1 Historical Trend (2018-2024)
7.1.2 Forecast Trend (2025-2034)
7.2 Germany
7.2.1 Historical Trend (2018-2024)
7.2.2 Forecast Trend (2025-2034)
7.3 France
7.3.1 Historical Trend (2018-2024)
7.3.2 Forecast Trend (2025-2034)
7.4 Italy
7.4.1 Historical Trend (2018-2024)
7.4.2 Forecast Trend (2025-2034)
7.5 Others
8 Asia Pacific Artificial Intelligence (AI) Chip Market Analysis
8.1 China
8.1.1 Historical Trend (2018-2024)
8.1.2 Forecast Trend (2025-2034)
8.2 Japan
8.2.1 Historical Trend (2018-2024)
8.2.2 Forecast Trend (2025-2034)
8.3 India
8.3.1 Historical Trend (2018-2024)
8.3.2 Forecast Trend (2025-2034)
8.4 ASEAN
8.4.1 Historical Trend (2018-2024)
8.4.2 Forecast Trend (2025-2034)
8.5 Australia
8.5.1 Historical Trend (2018-2024)
8.5.2 Forecast Trend (2025-2034)
8.6 Others
9 Latin America Artificial Intelligence (AI) Chip Market Analysis
9.1 Brazil
9.1.1 Historical Trend (2018-2024)
9.1.2 Forecast Trend (2025-2034)
9.2 Argentina
9.2.1 Historical Trend (2018-2024)
9.2.2 Forecast Trend (2025-2034)
9.3 Mexico
9.3.1 Historical Trend (2018-2024)
9.3.2 Forecast Trend (2025-2034)
9.4 Others
10 Middle East and Africa Artificial Intelligence (AI) Chip Market Analysis
10.1 Saudi Arabia
10.1.1 Historical Trend (2018-2024)
10.1.2 Forecast Trend (2025-2034)
10.2 United Arab Emirates
10.2.1 Historical Trend (2018-2024)
10.2.2 Forecast Trend (2025-2034)
10.3 Nigeria
10.3.1 Historical Trend (2018-2024)
10.3.2 Forecast Trend (2025-2034)
10.4 South Africa
10.4.1 Historical Trend (2018-2024)
10.4.2 Forecast Trend (2025-2034)
10.5 Others
11 Market Dynamics
11.1 SWOT Analysis
11.1.1 Strengths
11.1.2 Weaknesses
11.1.3 Opportunities
11.1.4 Threats
11.2 Porter’s Five Forces Analysis
11.2.1 Supplier’s Power
11.2.2 Buyer’s Power
11.2.3 Threat of New Entrants
11.2.4 Degree of Rivalry
11.2.5 Threat of Substitutes
11.3 Key Indicators for Demand
11.4 Key Indicators for Price
12 Competitive Landscape
12.1 Supplier Selection
12.2 Key Global Players
12.3 Key Regional Players
12.4 Key Player Strategies
12.5 Company Profiles
12.5.1 Nvidia Corporation
12.5.1.1 Company Overview
12.5.1.2 Product Portfolio
12.5.1.3 Demographic Reach and Achievements
12.5.1.4 Certifications
12.5.2 Intel Corporation
12.5.2.1 Company Overview
12.5.2.2 Product Portfolio
12.5.2.3 Demographic Reach and Achievements
12.5.2.4 Certifications
12.5.3 Alphabet Inc.
12.5.3.1 Company Overview
12.5.3.2 Product Portfolio
12.5.3.3 Demographic Reach and Achievements
12.5.3.4 Certifications
12.5.4 IBM Corporation
12.5.4.1 Company Overview
12.5.4.2 Product Portfolio
12.5.4.3 Demographic Reach and Achievements
12.5.4.4 Certifications
12.5.5 Qualcomm Technologies, Inc
12.5.5.1 Company Overview
12.5.5.2 Product Portfolio
12.5.5.3 Demographic Reach and Achievements
12.5.5.4 Certifications
12.5.6 Graphcore Limited
12.5.6.1 Company Overview
12.5.6.2 Product Portfolio
12.5.6.3 Demographic Reach and Achievements
12.5.6.4 Certifications
12.5.7 Advanced Micro Devices, Inc.
12.5.7.1 Company Overview
12.5.7.2 Product Portfolio
12.5.7.3 Demographic Reach and Achievements
12.5.7.4 Certifications
12.5.8 Micron Technology, Inc
12.5.8.1 Company Overview
12.5.8.2 Product Portfolio
12.5.8.3 Demographic Reach and Achievements
12.5.8.4 Certifications
12.5.9 MediaTek Inc,
12.5.9.1 Company Overview
12.5.9.2 Product Portfolio
12.5.9.3 Demographic Reach and Achievements
12.5.9.4 Certifications
12.5.10 SambaNova Systems
12.5.10.1 Company Overview
12.5.10.2 Product Portfolio
12.5.10.3 Demographic Reach and Achievements
12.5.10.4 Certifications
12.5.11 Others

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