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According to the latest report by MarkNtel Advisors, titled “Global Artificial Intelligence Chip Market 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), The Global Artificial Intelligence Chip Market size was valued at USD 15.23 billion in 37.8922 & is estimated to grow at a CAGR of around 37.89% during the forecast period, i.e., 37.8923-28. The report provides a thorough analysis of the market, covering competitor dynamics, regional insights, and a detailed breakdown of industry segments.
Base Year: 2022
Forecast Period: 2023-28
Historical Data: 2018-21
CAGR (2023-2028): 37.89%
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Unpredictability of Semi-Conductor Supply Chain to Limit the Market Growth Rate – The semiconductor supply chain is highly complex, involving multiple tiers of suppliers, manufacturers, and distributors across the globe. Additionally, ongoing geopolitical tensions and trade disputes between countries are leading to export restrictions, tariffs, and trade barriers, that is disrupting the flow of critical components. Moreover, the semiconductor manufacturing process involves long lead times, often spanning several months or even years.
Thus, companies facing supply chain disruptions may find themselves at a competitive disadvantage, as delays in product releases or increased manufacturing costs can impact their ability to meet market demand and compete effectively. Hence, the intricacies and vulnerabilities of the semiconductor supply chain, exacerbated by geopolitical tensions and long lead times, are significant obstacles to the growth of the Global Artificial Intelligence Chip Market.
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-By Application
Of them, all the application that has garnered a substantial demand is Natural Language Processing (NLP) as it serves as the backbone for a multitude of transformative technologies and services across various industries.
-By End User
Of them all, the IT & Telecom sector has registered noteworthy demand for AI chips, as the sector relies on AI chips for data processing, network optimization, cybersecurity, edge computing, and customer service automation.
-By Chip Type
-By Processing Type
-By Technology
-By Region
Asia Pacific region is anticipated to witness an exponential growth rate in the Global Artificial Intelligence Chip Market driven by the surging expansion of end-user industries in the region.
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Artificial Intelligence Chip Market Share Artificial Intelligence Chip Market Growth Artificial Intelligence Chip Market Trends
