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AI Processor Trends and Forecast
The future of the global AI processor market looks promising with opportunities in the BFSI, IT and telecom, healthcare, retail, and media & entertainment sectors. The global AI processor market is expected to reach an estimated $29.1 billion by 2030 with a CAGR of 15.6% from 2024 to 2030. The major drivers for this market are increasing use of this technology to efficiently handle large and parallel operations, rising demand for high-speed internet connectivity, and growing number of smart cities.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
AI Processor by Segment
The study includes a forecast for the global AI processor by offering, technology, end use industry, and region.
AI Processor Market by Offering [Shipment Analysis by Value from 2018 to 2030]:
• Hardware
• Software
• Services
AI Processor Market by Technology [Shipment Analysis by Value from 2018 to 2030]:
• Machine Learning
• Deep Learning
• Machine Vision
• Natural Process Learning
AI Processor Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:
• BFSI
• IT and Telecom
• Healthcare
• Retail
• Media and Entertainment
• Others
AI Processor Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of AI Processor Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies AI processor companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the AI processor companies profiled in this report include-
• Apple
• Huawei Technologies
• MediaTek
• SAMSUNG
• Qualcomm Technologies
• Alphabet
• Intel
AI Processor Market Insights
Lucintel forecasts that hardware is expected to witness highest growth over the forecast period due to its increasing use as affordable AI processer to handle large and complex datasets.
North America is expected to witness highest growth over the forecast period due to increasing adoption of 5G and IoT based technology and presence of key players in the region.
Features of the Global AI Processor Market
Market Size Estimates: AI processor market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: AI processor market size by offering, technology, end use industry, and region in terms of value ($B).
Regional Analysis: AI processor market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different offerings, technologies, end use industries, and regions for the AI processor market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the AI processor market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the AI processor market size?
Answer: The global AI processor market is expected to reach an estimated $29.1 billion by 2030.
Q.2 What is the growth forecast for AI processor market?
Answer: The global AI processor market is expected to grow with a CAGR of 15.6% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the AI processor market?
Answer: The major drivers for this market are increasing use of this technology to efficiently handle large and parallel operations, rising demand for high-speed internet connectivity, and growing number of smart cities.
Q4. What are the major segments for AI processor market?
Answer: The future of the AI processor market looks promising with opportunities in the BFSI, IT and telecom, healthcare, retail, and media and entertainment markets.
Q5. Who are the key AI processor market companies?
Answer: Some of the key AI processor companies are as follows:
• Apple
• Huawei Technologies
• MediaTek
• SAMSUNG
• Qualcomm Technologies
• Alphabet
• Intel
Q6. Which AI processor market segment will be the largest in future?
Answer: Lucintel forecasts that hardware is expected to witness highest growth over the forecast period due to its increasing use as affordable AI processer to handle large and complex datasets.
Q7. In AI processor market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period due to increasing adoption of 5G and IoT based technology and presence of key players in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the AI processor market by offering (hardware, software, and services), technology (machine learning, deep learning, machine vision, and natural process learning), end use industry (BFSI, IT and telecom, healthcare, retail, media and entertainment, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Ai Processor Market, Ai Processor Market Size, Ai Processor Market Growth, Ai Processor Market Analysis, Ai Processor Market Report, Ai Processor Market Share, Ai Processor Market Trends, Ai Processor Market Forecast, Ai Processor Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global AI Processor Market: Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global AI Processor Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global AI Processor Market by Offering
3.3.1: Hardware
3.3.2: Software
3.3.3: Services
3.4: Global AI Processor Market by Technology
3.4.1: Machine Learning
3.4.2: Deep Learning
3.4.3: Machine Vision
3.4.4: Natural Process Learning
3.5: Global AI Processor Market by End Use Industry
3.5.1: BFSI
3.5.2: IT and Telecom
3.5.3: Healthcare
3.5.4: Retail
3.5.5: Media and Entertainment
3.5.6: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global AI Processor Market by Region
4.2: North American AI Processor Market
4.2.2: North American AI Processor Market by End Use Industry: BFSI, IT and Telecom, Healthcare, Retail, Media and Entertainment, and Others
4.3: European AI Processor Market
4.3.1: European AI Processor Market by Offering: Hardware, Software, and Services
4.3.2: European AI Processor Market by End Use Industry: BFSI, IT and Telecom, Healthcare, Retail, Media and Entertainment, and Others
4.4: APAC AI Processor Market
4.4.1: APAC AI Processor Market by Offering: Hardware, Software, and Services
4.4.2: APAC AI Processor Market by End Use Industry: BFSI, IT and Telecom, Healthcare, Retail, Media and Entertainment, and Others
4.5: ROW AI Processor Market
4.5.1: ROW AI Processor Market by Offering: Hardware, Software, and Services
4.5.2: ROW AI Processor Market by End Use Industry: BFSI, IT and Telecom, Healthcare, Retail, Media and Entertainment, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global AI Processor Market by Offering
6.1.2: Growth Opportunities for the Global AI Processor Market by Technology
6.1.3: Growth Opportunities for the Global AI Processor Market by End Use Industry
6.1.4: Growth Opportunities for the Global AI Processor Market by Region
6.2: Emerging Trends in the Global AI Processor Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global AI Processor Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global AI Processor Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Apple
7.2: Huawei Technologies
7.3: MediaTek
7.4: SAMSUNG
7.5: Qualcomm Technologies
7.6: Alphabet
7.7: Intel
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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