Global Machine Learning Chip Market Introduction and Overview
According to SPER Market Research, the Global Machine Learning Chip Market is estimated to reach USD 67.29 billion by 2033 with a CAGR of 22.28%.
The report includes an in-depth analysis of the Global Machine Learning Chip Market, including market size and trends, product mix, applications, and supplier analysis. Artificial intelligence (AI) technology that supports deep learning-based applications is a component of machine learning (ML) chips. System-on-chip (SoC), multi-chip module, and system-in-package are some of the technologies it uses. Its hardware infrastructure consists of processing, networking, and storage. It is deployed in a system to optimize tool flows, design, and intellectual property cores. It is economical, helps to avoid mistakes in a process, and effectively saves a significant amount of data. In comparison to larger transistors, it offers fast speed, improves efficiency, and uses less energy. In addition, it helps to enhance analytics, power, performance, and optimization.
- In May 2020, NVIDIA revealed the NVIDIA A100, the company's first GPU built on the Ampere architecture. Production is complete, and it is being shipped to clients all around the world. It offers the biggest performance boost the business has seen to far and builds on design innovations in the NVIDIA Ampere architecture.
Market Opportunities and Challenges
Opportunities- One of the main factors driving the market's progress at the moment is the growing trend of digitization and the global expansion of the IT and telecommunications sectors. Additionally, the growing frequency of cyberattacks pushes companies to use fraud detection and database management solutions, which is driving market expansion. In addition, the growing demand for ML chips brought about by the global expansion of smart homes and smart cities is providing industry investors with profitable growth prospects. Furthermore, the industry is being positively impacted by the growing popularity of quantum computing and the use of machine learning (ML) chips in robotics to lower human error and intervention worldwide.
Challenges- A serious lack of semiconductor supplies is one of the main issues. The persistent chip scarcity since 2020 is causing a major disruption in the worldwide semiconductor sector. Numerous industries are being impacted by this problem, including media and advertising, healthcare, IT and telecom, networking, storage, computing, and the automobile and transportation sectors. Businesses are having to wait a long time to get chips; some have reported delays of more than 28 weeks. As a result, companies are ordering more chips than they need in order to guarantee their supply, which puts a burden on manufacturing capacity and raises prices. Chips of many kinds, including CPUs, GPUs, ASICs, FPGAs, System on Chip, System in Package, Multi Chip Module, and others, are highly sought after.
Market Competitive Landscape
The Global Machine Learning Chip Market is moderately consolidated. Some of the market key players are Advanced Micro Devices, Inc., Amazon Web Services, Inc., BitMain Technologies Holding Company, Graphcore, Google Inc, IBM Corporation, Intel Corporation, Micron Technology, Inc., NVIDIA Corporation, Qualcomm Technologies, Inc., SAMSUNG, Others.
Scope of the report:
Report Metric | Details |
Market size available for years | 2020-2033 |
Base year considered | 2023 |
Forecast period | 2024-2033 |
Segments covered | By Chip Type, By Technology, By Industry Vertical |
Regions covered | North America, Asia-Pacific, Latin America, Middle East & Africa and Europe |
Companies Covered | Advanced Micro Devices, Inc., Amazon Web Services, Inc., BitMain Technologies Holding Company, Graphcore, Google Inc, IBM Corporation, Intel Corporation, Micron Technology, Inc., NVIDIA Corporation, Qualcomm Technologies, Inc., SAMSUNG, Others. |
COVID-19 Impact on Global Machine Learning Chip Market
The global market for machine learning chips was significantly impacted by the COVID-19 epidemic, both in terms of opportunities and problems. Due to worldwide lockdowns and travel restrictions, the pandemic, on the one hand, severely disrupted the supply chain, disrupting semiconductor manufacturing and causing delays in the development and delivery of machine learning chips. Chip supply was further hampered by factory labor shortages and logistical issues. But there were also fresh chances brought about by the pandemic. The need for machine learning chips increased as a result of the rise in remote work and digital services, as well as the growing application of AI in healthcare.
Key Target Audience:
- Tech Companies and Startups
- Data Centers and Cloud Service Providers
- Automotive Industry
- Healthcare and Medical Research Institutions
- Consumer Electronics Manufacturers
- Retail and E-commerce Companies
- Financial Institutions and Fintech Companies
- Government and Defense Agencies
Our in-depth analysis of the Global Machine Learning Chip Market includes the following segments:
By Chip Type: | GPUASICFPGACPUNPUHybrid ChipOthers |
By Technology: | System-On-ChipSystem-In-PackageMulti-Chip ModuleOthers |
By Industry Vertical: | Media and AdvertisingBFSIIT and TelecomRetailHealthcareAutomotive and TransportationOthers |
Key Topics Covered in the Report:
- Global Machine Learning Chip Market Size (FY’2024-FY’2033)
- Overview of Global Machine Learning Chip Market
- Segmentation of Global Machine Learning Chip Market By Chip Type (GPU, ASIC, FPGA, CPU, NPU, Hybrid Chip)
- Segmentation of Global Machine Learning Chip Market By Technology (System-On-Chip, System-In-Package, Multi-Chip Module, Others)
- Segmentation of Global Machine Learning Chip Market By Industry Vertical (Media and Advertising, BFSI, IT and Telecom, Retail, Healthcare, Automotive and Transportation, Others)
- Statistical Snap of Global Machine Learning Chip Market
- Expansion Analysis of Global Machine Learning Chip Market
- Problems and Obstacles in Global Machine Learning Chip Market
- Competitive Landscape in the Global Machine Learning Chip Market
- Impact of COVID-19 and Demonetization on Global Machine Learning Chip Market
- Details on Current Investment in Global Machine Learning Chip Market
- Competitive Analysis of Global Machine Learning Chip Market
- Prominent Players in the Global Machine Learning Chip Market
- SWOT Analysis of Global Machine Learning Chip Market
- Global Machine Learning Chip Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Global Machine Learning Chip Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Machine Learning Chip Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Machine Learning Chip Market
7. Global Machine Learning Chip Market, By Chip Type (USD Million) 2020-2033
7.1. Global Machine Learning Chip Market Size, Share and Forecast, By Chip Type, 2020-2026
7.2. Global Machine Learning Chip Market Size, Share and Forecast, By Chip Type, 2027-2033
7.3. GPU
7.4. ASIC
7.5. FPGA
7.6. CPU
7.7. NPU
7.8. Hybrid Chip
7.9. Others
8. Global Machine Learning Chip Market, By Technology (USD Million) 2020-2033
8.1. Global Machine Learning Chip Market Size, Share and Forecast, By Technology, 2020-2026
8.2. Global Machine Learning Chip Market Size, Share and Forecast, By Technology, 2027-2033
8.3. System-On-Chip
8.4. System-In-Package
8.5. Multi-Chip Module
8.6. Others
9. Global Machine Learning Chip Market, By Industry Vertical (USD Million) 2020-2033
9.1. Global Machine Learning Chip Market Size, Share and Forecast, By Industry Vertical, 2020-2026
9.2. Global Machine Learning Chip Market Size, Share and Forecast, By Industry Vertical, 2027-2033
9.3. Media and Advertising
9.4. BFSI
9.5. IT and Telecom
9.6. Retail
9.7. Healthcare
9.8. Automotive and Transportation
9.9. Others
10. Global Machine Learning Chip Market Forecast, 2020-2033 (USD Million)
10.1. Global Machine Learning Chip Market Size and Market Share
11. Global Machine Learning Chip Market, By Region, 2020-2033 (USD Million)
11.1. Global Machine Learning Chip Market Size and Market Share By Region (2020-2026)
11.2. Global Machine Learning Chip Market Size and Market Share By Region (2027-2033)
11.3. Asia-Pacific
11.3.1. Australia
11.3.2. China
11.3.3. India
11.3.4. Japan
11.3.5. South Korea
11.3.6. Rest of Asia-Pacific
11.4. Europe
11.4.1. France
11.4.2. Germany
11.4.3. Italy
11.4.4. Spain
11.4.5. United Kingdom
11.4.6. Rest of Europe
11.5. Middle East and Africa
11.5.1. Kingdom of Saudi Arabia
11.5.2. United Arab Emirates
11.5.3. Qatar
11.5.4. South Africa
11.5.5. Egypt
11.5.6. Morocco
11.5.7. Nigeria
11.5.8. Rest of Middle-East and Africa
11.6. North America
11.6.1. Canada
11.6.2. Mexico
11.6.3. United States
11.7. Latin America
11.7.1. Argentina
11.7.2. Brazil
11.7.3. Rest of Latin America
12. Company Profile
12.1. Advanced Micro Devices, Inc
12.1.1. Company details
12.1.2. Financial outlook
12.1.3. Product summary
12.1.4. Recent developments
12.2. Amazon Web Services, Inc.
12.2.1. Company details
12.2.2. Financial outlook
12.2.3. Product summary
12.2.4. Recent developments
12.3. BitMain Technologies Holding Company
12.3.1. Company details
12.3.2. Financial outlook
12.3.3. Product summary
12.3.4. Recent developments
12.4. Graphcore
12.4.1. Company details
12.4.2. Financial outlook
12.4.3. Product summary
12.4.4. Recent developments
12.5. Google Inc
12.5.1. Company details
12.5.2. Financial outlook
12.5.3. Product summary
12.5.4. Recent developments
12.6. IBM Corporation
12.6.1. Company details
12.6.2. Financial outlook
12.6.3. Product summary
12.6.4. Recent developments
12.7. Intel Corporation
12.7.1. Company details
12.7.2. Financial outlook
12.7.3. Product summary
12.7.4. Recent developments
12.8. Micron Technology, Inc.
12.8.1. Company details
12.8.2. Financial outlook
12.8.3. Product summary
12.8.4. Recent developments
12.9. NVIDIA Corporation
12.9.1. Company details
12.9.2. Financial outlook
12.9.3. Product summary
12.9.4. Recent developments
12.10. Qualcomm Technologies, Inc.
12.10.1. Company details
12.10.2. Financial outlook
12.10.3. Product summary
12.10.4. Recent developments
12.11. SAMSUNG
12.11.1. Company details
12.11.2. Financial outlook
12.11.3. Product summary
12.11.4. Recent developments
12.12. Others
13. Conclusion
14. List of Abbreviations
15. Reference Links