Global Artificial Intelligence Chip Market to Reach $11,173 Million by 2023 - Allied Market Research

PORTLAND, Oregon and PUNE, India, December 14, 2017 — (PRNewswire) —

According to a recent report published by Allied Market Research, titled, " Artificial Intelligence Chip Market by Technology and Application: Global Opportunity Analysis and Industry Forecast, 2017-2023," the global artificial intelligence chip market was valued at $661 million in 2016, and is projected to reach at $11,173 million by 2023, growing at a CAGR of 49.5% from 2017 to 2023.

     (Logo: )

AI is one of the fastest growing technologies over the years. Continuous efforts and developments to manufacture more human-like robots and increase in rate of deployments in developing regions have transformed the overall market.

Do Enquiry for Sample Report@

At present, North America dominates this market, followed by Europe. In 2016, the U.S. dominated the North American market. Increase in penetration of head-up display screens in luxury cars, smart wearables, and growth in venture capital investments have propelled the adoption of AI solutions.

The market for AI chip is driven by surge in implementation of AI chips in robotics and emergence of quantum computing. However, lack of skilled labor & other threats are some of the restraints of the artificial intelligence chip market. Nonetheless, the impact of these factors would be minimal due to the introduction of new technologies in the market.

GPU dominated the market in 2016, in terms of revenue. However, the FPGA sub-segment is projected to grow at the highest pace during the forecast period.

Do Enquiry before purchasing Report@

Among the industry verticals segment, BFSI dominated the market in terms of spending in 2016 and is projected to continue its dominance during the forecast period.


  • In 2016, the GPU sub-segment generated the highest revenue in the global market.
  • In 2016, the BFSI industry generated the highest revenue among the other applications in the artificial intelligence chip market.
  • Asia-Pacific is anticipated to witness the highest CAGR during the forecast period.

The key players profiled in the report include AMD (Advanced Micro Devices), Google Inc., Intel Corporation, NVIDIA, Baidu, Graphcore, Qualcomm, Adapteva, UC-Davis, and Mythic.

Ask for discount before buying@

About Us:

Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Dhananjay Potle
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free : +1-800-792-5285
UK : + 44-845-528-1300
Hong Kong : +852-301-84916
India (Pune) : +91-20-66346060
Fax : +1⟨855⟩550-5975
Email Contact


SOURCE Allied Market Research

Company Name: Allied Market Research

Review Article Be the first to review this article

© 2020 Internet Business Systems, Inc.
25 North 14th Steet, Suite 710, San Jose, CA 95112
+1 (408) 882-6554 — Contact Us
ShareCG™ is a trademark of Internet Business Systems, Inc.

Report a Bug Report Abuse Make a Suggestion About Privacy Policy Contact Us User Agreement Advertise