According to a new report, published by KBV research, The Global Artificial Intelligence (AI) Chipsets Market size is expected to reach $278 billion by 2031, rising at a market growth of 29.4% CAGR during the forecast period.
The artificial intelligence (AI) chipsets market refers to the semiconductor industry segment that designs, manufactures, and sells specialized hardware components optimized for AI-related tasks. These chipsets are specifically engineered to process complex algorithms, execute machine learning models, and enable intelligent decision-making in AI-driven applications.
The Cloud Computing segment is generating the highest revenue in the Global Artificial Intelligence (AI) Chipsets Market by Computing Technology in 2023; thereby, achieving a market value of $170.6 billion by 2031. AI applications, particularly those involving machine learning and deep learning, require significant computational power to process large datasets and execute complex algorithms.
The Inference segment is registering a CAGR of 28.8 % during the forecast period. Inference refers to the process of applying trained AI models to new data for making predictions or decisions. In edge computing scenarios, AI inference is performed locally on edge devices, such as smartphones, IoT devices, and edge servers.
The GPU segment led the Global Artificial Intelligence (AI) Chipsets Market by Chipset Type in 2023; thereby, achieving a market value of $115.6 billion by 2031. GPUs are specifically designed to handle large-scale matrix operations and floating-point calculations, which are fundamental to AI model training and inference tasks. Their architecture, featuring thousands of cores optimized for parallel processing, enables faster execution of complex AI algorithms, leading to quicker model training times and improved inference speeds.
The Consumer Electronics segment is growing at a CAGR of 27 % during the forecast period. AI chipsets are crucial for enabling advanced functionalities in smart devices such as smartphones, tablets, smart speakers, and wearables. These devices increasingly rely on AI for voice recognition, natural language processing, image and video processing, and predictive analytics.
Full Report: https://www.kbvresearch.com/artificial-intelligence-chipsets-market/
The North America region dominated the Global Artificial Intelligence (AI) Chipsets Market by Region in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $103.8 billion by 2031. The Europe region is anticipated to grow at a CAGR of 28.9% during (2024 - 2031). Additionally, The Asia Pacific region would witness a CAGR of 30.3% during (2024 - 2031).
By Computing Technology
By Function
By Chipset Type
By Vertical
Unique Offerings 
