What is Artificial Intelligence Chip?
AI chips are widely used for complex calculations required by AI systems. The high growth of artificial intelligence in advanced and cutting-edge technologies will create huge demand for AI chips and semiconductors across the globe. AI plays an important role in the various industry verticals like automotive, international security, and other industries. Increased adoption of automation to reduce the risk of injury, increase productivity, and IoT for predictive maintenance of machinery will create huge opportunities for AI chips. Consumers’ increasing demand and government regulations towards the safety-related systems like ADAS in the automotive and the emerging trend of autonomous vehicles across the globe is the major growth driver for the AI chip market.
The market study is broken down by Type (Graphics Processing Units (GPUs), Field-Programmable Gate Arrays (FPGAs), Application-Specific Integrated Circuits (ASICs), Tensor Processing Unit (TPU) and Others) and major geographies with country level break-up.
The key manufacturers are targeting the innovations of the service with better quality, better technical characteristics, and also assist in providing and humanizing the after-sale service to the consumers. The key players are probable to keep a stronghold on the market over the anticipated period. The key players are accepting strategic decisions and are thinking upon mergers and acquisitions in order to maintain their presence in the market. Analysts at AMA Research estimates that Players from United States will contribute to the maximum growth of Global Artificial Intelligence Chip market throughout the predicted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Intel Corporation (United States), Advanced Micro Devices, Inc. (United States), Google (United States), Nvidia Corporation (United States), Ambarella, Inc. (United States), Atlazo, Inc. (United States), Amazon Web Services (United States), Mythic (United States), Syntiant (United States), Xilinx, Inc. (United States), SK Group (South Korea), Qualcomm (United States), Graphcore (United Kingdom), Adapteva (United States) and Baidu (China) are some of the key players that are part of study coverage.
AdvanceMarketAnalytics has segmented the market of Global Artificial Intelligence Chip market by Type, Application and Region.
On the basis of geography, the market of Artificial Intelligence Chip has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Vertical, the sub-segment i.e. Consumer Electronic Goods will boost the Artificial Intelligence Chip market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Category, the sub-segment i.e. System-in-Package will boost the Artificial Intelligence Chip market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Technology, the sub-segment i.e. Machine Learning & Deep Learning will boost the Artificial Intelligence Chip market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel, the sub-segment i.e. Online will boost the Artificial Intelligence Chip market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
In August 2021, Baidu, a China-based tech giant announced that it has begun mass production of 2nd generation Kunlun AI chips to strengthen its position and become a key player in the chip industry. The new AI chips use 7nm process technology and have two-to-three times more computational capability compared to the previous generation. With this move, the main aim of the company is to reduce China’s dependence on foreign tech giants for semiconductors and make Kunlun a standalone company.
- Huge Investment by Major Tech Giants to Develop AI Chips for Cutting-Edge AI Systems
- Surging Demand of Smart Home Devices, RPA, and Other Intelligent Devices
- Emerging Trend of Connected Cars and Autonomous Vehicles Worldwide Will Boost the AI Chip Market
- Ongoing US-China Trade War Will Create Significant Opportunities for the Development of AI Chips
- High Competition in the Market Due to Availability of Global Tech Companies
- Insufficient data in the AI Chips About the End Market
Key Target AudienceNew Entrants/Investors, Analysts and Strategic Business Planners, Artificial Intelligence Chip Manufacturers, Suppliers and Distributors of Semiconductors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, End-User Industries and Others
About ApproachTo evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.