What are the Growth Opportunities, Crucial Insights of the Artificial Intelligence Chip Market (2023-2028)?

MarkNtel Advisors, a renowned research and consulting entity, has revealed its latest report titled Artificial Intelligence Chip Market (2023-2028) this comprehensive study delves deeply into the sector, covering crucial aspects like market size, share, emerging trends, and future growth estimations. Additionally, the report offers insights into competitor analysis, regional perspectives, and the latest market advancements.

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What is the Size of the Artificial Intelligence Chip Market and What Growth is expected?

The Global Artificial Intelligence Chip Market size was valued at USD 15.23 billion in 2022 & is estimated to grow at a CAGR of around 37.89% during the forecast period, i.e., 2023-28.

Global Artificial Intelligence Chip Market Driver:

Digitalization & AI integration in the Healthcare Sector to Catalyse the Market Growth– The healthcare sector worldwide is experiencing rapid digitalization, spurred by government support and initiatives. Countries like Germany, South Korea, India, among others, are swiftly adopting digital health technologies including electronic health records, telemedicine, and other innovations, resulting in the generation of vast volumes of healthcare data. AI chips play a pivotal role in efficiently processing and analysing this data, leading to a significant increase in demand from medical device manufacturers on a global scale.

Diving into Artificial Intelligence Chip Market Segmentations

-By Chip Type (Graphical Processing Unit [GPU] , Central Processing Unit [CPU], Application-Specific Integrated Circuit [ASIC] , Field-Programmable Gate Array [FPGA], Others),

-By Processing Type (Edge , Cloud),

-By Technology (System-On-Chip [SOC], System-In-Package [SIP], Multi-Chip Module, Others),

-By Application (Natural Language Processing [NLP], Robotic Process Automation, Computer Vision, Network Security, Others),

-By End User (BFSI , IT & Telecom, Retail, Healthcare, Manufacturing, Automotive, Energy and Utilities , Others)

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Geographical Expansion of the Industry:

-By Region (North America, South America, Europe, The Middle East & Africa, Asia-Pacific)

Who are the Key Competitors in the Artificial Intelligence Chip Market?

Major players or companies play pivotal roles in driving market progress as revenue generators, investors, manufacturers, and distributors.

Here are the leading companies in the Artificial Intelligence Chip Market:

NVIDIA Corporation, Intel Corporation, Advanced Micro Devices, Inc, Micron Technology, QUALCOMM Technologies, Inc., IBM Corporation, Google LLC, Microsoft Corporation, Amazon Web Services, Inc. , General Vision Inc., Huawei Technologies Co., Ltd., Graphcore , Baidu, Samsung, Others.

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Key Inquiries Addressed in the Artificial Intelligence Chip Market Research Report:

•    Projections for the Artificial Intelligence Chip Market's size, share, and CAGR during the forecast period

•    Anticipated trends shaping the Artificial Intelligence Chip Market between 2023 and 2028

•    Analysis of segments and sub-segments within the Artificial Intelligence Chip Market study

•    Primary stakeholders and participants in the Artificial Intelligence Chip Market

•    Expected variations in demand for different product/service types in the Artificial Intelligence Chip Market by 2028

•    Factors limiting the growth potential of the Artificial Intelligence Chip Market

Note: The Artificial Intelligence Chip Market report can be tailored with high-quality insights to meet specific client requirements, enabling them to navigate industry prospects, address market challenges, devise effective strategies, and make informed decisions for competitive positioning.

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