North America Artificial Intelligence (AI) Chip Market to 2027 - Regional Analysis and Forecasts by Segment (Data Center, Edge); Type (CPU, GPU, ASIC, FPGA, and Others); and Industry Vertical (BFSI, Retail, IT & Telecom, Automotive & Transportation, Healthcare, Media & Entertainment, and Others)
AI Chip market in North America is expected to grow from US$ 2.50 Bn in 2018 to US$ 30.62 Bn by the year 2027 with a CAGR of 32.0% from the year 2019 to 2027.
The increase in data generation due to the increasing proliferation of digital services is boosting the growth of the AI chip market. The significant investments in AI chip start-ups are also anticipated to boost the market growth. Moreover, the adoption of cloud-based AI solutions is anticipated to propel artificial intelligence Chip market growth in the forecast period. Presently, the major applications of AI chip are in the data center/cloud computing segment, and this trend is anticipated to continue over the forecast period. Also, rising adoption of AI in developing regions, evolving architectures of AI chips, and increasing applications across various industry verticals are driving the AI chip market. Owing to this growing trend, companies are anticipated to produce high-quality service by adopting cloud-based artificial intelligence services. The artificial intelligence technology is complex and expensive to build in-house by any enterprise. Not every mid-size or to some extent even the large enterprise finds it feasible to invest in in-house artificial intelligence system. Hence, most enterprises use data centers for their artificial intelligence applications. Each enterprise requires a specific artificial solution, and using cloud service providers for the same are considered as the best business model for artificial intelligence technology providers. Hence, in the coming years, the adoption of cloud-based artificial intelligence solutions is expected to grow at an impressive rate over the forecast period.
The GPU segment of the AI Chip market led the North America market with maximum share and is expected to continue its dominance over the forecast period. The AI Chip market by type is segmented into CPU, GPU, ASIC, FPGA, and others. The other segment includes SoC and other custom chips used for AI applications. GPUs are good at fetching large amounts of memory, and they offer energy efficient means of managing the complex array of calculations involved in training a neural network. It means that GPUs can train more neural networks with less hardware. However, in artificial intelligence applications, inference applications are as important as the training ones, so companies require chips which can quickly execute neural networks through inference. For this, many big tech companies are building their specific inference solutions such as Google’s TPU. For inference applications, Microsoft uses FPGAs and Baidu uses GPUs; they are more relevant for training but can work for inference also when combined with suitable software.
The US dominated the AI Chip market in 2018 and is anticipated to continue the dominance in the market across the North American region through the forecast period. The US is a highly advanced country in North America and a country where investments in advanced technologies are very high. The US has deep integration of IoT based connected devices that generate a huge amount of digital data every second. Also, with tech giants like NVIDIA, Google, Apple present in the US and their focus on artificial intelligence R&D and deployment, US is expected to be the dominant leader in AI Chip market over the forecast period. The figure given below highlights the revenue share of the Mexico in the AI Chip market in the forecast period:
Maxico Artificial Intelligence (AI) Chip Market Revenue and Forecasts to 2027 ( US$ Bn)
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NORTH AMERICA AI CHIP MARKET SEGMENTATION
By Segment
- Data Center
- Edge
By Type
- CPU
- GPU
- ASIC
- FPGA
- Others
By Industry Vertical
- BFSI
- Retail
- IT & Telecom
- Automotive & Transportation
- Healthcare
- Media & Entertainment
- Others
By Country
- U.S.
- Canada
- Mexico
AI Chip Market - Companies Mentioned
- Advanced Micro Devices, Inc.
- Alphabet Inc. (Google)
- Huawei Technologies Co., Ltd.
- IBM Corporation
- Intel Corporation
- Micron Technology, Inc.
- NVIDIA Corporation
- Qualcomm Incorporated
- Samsung Electronics Co., Ltd.
- Xilinx, Inc.
PART 1. INTRODUCTION
1.1 Scope of the Study
1.2 The Insight partners research report guidance
1.3 market segmentation
1.3.1 North America AI Chip Market – By Segment
1.3.2 North America AI Chip Market – By Type
1.3.3 North America AI Chip Market – By Industry Vertical
1.3.4 North America AI Chip Market – By Geography
PART 2. key takeaways
PART 3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
PART 4. artificial intelligence chip market landscape
4.1 market overview
4.2 Ecosystem Analysis
4.3 North America - pest analysis
PART 5. Artificial intelligence chip market – key industry dynamics
5.1 key market drivers
5.1.1 Significant investments in AI chip start-ups is anticipated to boost the market growth
5.1.2 Increase in Data Generation due to increasing proliferation of digital services
5.2 Key market restraints
5.2.1 Rise in data security and privacy concerns
5.3 key market opportunities
5.3.1 Adoption of cloud-based AI solutions
5.4 Future trends
5.4.1 Custom and Application-Specific Solutions and ASICs drive the market in future
5.5 impact analysis of Drivers and restraints
PART 6. artificial intelligence chip – North America market analysis
6.1 North America AI CHIP Market Overview
6.2 North America AI CHIP market Forecast and Analysis
PART 7. North America artificial intelligence chip Analysis –By Segment
7.1 Overview
7.2 North America AI chip Breakdown, By Segment, 2018 & 2027
7.3 data center
7.3.1 Overview
7.3.2 North America Data Center Revenue and Forecasts to 2027 (US$ Mn)
7.4 egde
7.4.1 Overview
7.4.2 North America Edge Market Revenue and Forecasts to 2027 (US$ Mn)
PART 8. north america artificial intelligence chip revenue and forecasts to 2027 – type
8.1 Overview
8.2 north america AI chip Breakdown, By type, 2018 & 2027
8.3 cpu
8.3.1 Overview
8.3.2 North America CPU Market Revenue and Forecasts to 2027 (US$ Mn)
8.4 GPU
8.4.1 Overview
8.4.2 North America GPU Market Revenue and Forecasts to 2027 (US$ Mn)
8.5 ASIC
8.5.1 Overview
8.5.2 North America ASIC Revenue and Forecasts to 2027 (US$ Mn)
8.6 FPGA
8.6.1 Overview
8.6.2 North America FPGA Revenue and Forecasts to 2027 (US$ Mn)
8.7 Others
8.7.1 Overview
8.7.2 North America Others Revenue and Forecasts to 2027 (US$ Mn)
PART 9. north america artificial intelligence chip market revenue and forecasts to 2027 – Industry Vertical
9.1 Overview
9.2 north america AI chip MARKET Breakdown, By Industry Vertical, 2018 & 2027
9.3 BFSI MARKET
9.3.1 Overview
9.3.2 North America BFSI Market Revenue and Forecasts to 2027 (US$ Mn)
9.4 Retail MARKET
9.4.1 Overview
9.4.2 North America Retail Market Revenue and Forecasts to 2027 (US$ Mn)
9.5 IT & Telecom MARKET
9.5.1 Overview
9.5.2 North America IT & Telecom Market Revenue and Forecasts to 2027 (US$ Mn)
9.6 automotive & transportation MARKET
9.6.1 Overview
9.6.2 North America Automotive & Transportation Market Revenue and Forecasts to 2027 (US$ Mn)
9.7 Healthcare MARKET
9.7.1 Overview
9.7.2 North America Healthcare Market Revenue and Forecasts to 2027 (US$ Mn)
9.8 media & Entertainment MARKET
9.8.1 Overview
9.8.2 North America Media & Entertainment Market Revenue and Forecasts to 2027 (US$ Mn)
9.9 Others MARKET
9.9.1 Overview
9.9.2 North America Others Market Revenue and Forecasts to 2027 (US$ Mn)
PART 10. North America artificial intelligence chip market – Country Analysis
10.1 Overview
10.1.1 North America AI chip market Breakdown, by Key Countries
10.1.1.1 U.S. AI chip Market Revenue and Forecasts to 2027 (US$ MN)
10.1.1.1.1 U.S AI chip Market Breakdown by Segment
10.1.1.1.2 U.S. AI chip Market Breakdown by Type
10.1.1.1.3 U.S. AI chip Market Breakdown by Industry Vertical
10.1.1.2 Canada AI chip Market Revenue and Forecasts to 2027 (US$ MN)
10.1.1.2.1 Canada AI chip Market Breakdown by Segment
10.1.1.2.2 Canada AI chip Market Breakdown by type
10.1.1.2.3 Canada AI chip market Breakdown by Industry Vertical
10.1.1.3 Mexico AI chip market Revenue and Forecasts to 2027 (US$ Mn)
10.1.1.3.1 Mexico AI chip market Breakdown by Segment
10.1.1.3.2 Mexico AI chip market Breakdown by type
10.1.1.3.3 Mexico AI chip market Breakdown by Industry Vertical
PART 11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 Merger and Acquisition
11.4 New Development
PART 12. cOMPANY pROFILES
12.1 Advanced Micro Devices, Inc.
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Alphabet Inc. (Google)
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Huawei Technologies Co., Ltd.
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 IBM Corporation
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Intel Corporation
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Micron technology, Inc.
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 NVIDIA CORPORATION
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Qualcomm Incorporated
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Samsung electronics Co., Ltd.
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Xilinx, Inc.
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
PART 13. Appendix
13.1 about the insight partners
13.2 glossary
LIST OF TABLES
TABLE 1. North America AI CHIP Market Revenue and Forecasts to 2027 (US$ Mn)
TABLE 2. North America AI chip market Revenue and Forecasts to 2027 – By Segment (US$ Mn)
TABLE 3. North America AI chip market Revenue and Forecasts to 2027 – By type (US$ Mn)
TABLE 4. North America AI chip market Revenue and Forecasts to 2027 – By Industry Vertical (US$ Mn)
TABLE 5. U.S. AI chip market Revenue and Forecasts to 2027 – By Segment (US$ Mn)
TABLE 6. U.S. AI chip market Revenue and Forecasts to 2027 – By Type (US$ Mn)
TABLE 7. U.S. AI chip market Revenue and Forecasts to 2027 – By Industry Vertical (US$ Mn)
TABLE 8. Canada AI chip market Revenue and Forecasts to 2027 – By Segment (US$ Mn)
TABLE 9. Canada AI chip market Revenue and Forecasts to 2027 – By type (US$ Mn)
TABLE 10. Canada AI chip market Revenue and Forecasts to 2027 – By Industry Vertical (US$ Mn)
TABLE 11. Mexico AI chip market Revenue and Forecasts to 2027 – By Segment (US$ Mn)
TABLE 12. Mexico AI chip market Revenue and Forecasts to 2027 – By type (US$ Mn)
TABLE 13. Mexico AI chip market Revenue and Forecasts to 2027 – By Industry Vertical (US$ Mn)
TABLE 14. Glossary of terms, AI chip market
LIST OF FIGURES
FIGURE 1. North america AI chip market segmentation
FIGURE 2. north america AI chip market segmentation – BY country
FIGURE 3. north america AI chip market revenue, 2018 & 2027 (US$MN)
FIGURE 4. AI chip MArket ecosystem analysis
FIGURE 5. north america – pest analysis
FIGURE 6. AI chip Market Impact Analysis of Drivers and Restraints
FIGURE 7. North America AI CHIP Market Forecast and Analysis, (US$ Mn)
FIGURE 8. North America AI chip Breakdown By Segment, 2018 & 2027 (%)
FIGURE 9. North America data center Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 10. North America edge Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 11. north america AI chip Breakdown, By type, 2018 & 2027 (%)
FIGURE 12. North America cpu Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 13. North America GPU market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 14. North America ASIC market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 15. North America FPGA market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 16. North America Others market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 17. north america AI chip Market Breakdown, By Industry Vertical, 2018 & 2027 (%)
FIGURE 18. North America BFSI Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 19. North America Retail Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 20. North America IT & Telecom Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 21. North america automotive & transportation Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 22. North America Healthcare Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 23. north america Media & Entertainment Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 24. North america OTHERS Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 25. North America AI chip market Breakdown by Key Countries, 2018 & 2027(%)
FIGURE 26. U.S. AI chip market Revenue and Forecasts to 2027 (US$ MN)
FIGURE 27. Canada AI chip market Revenue and Forecasts to 2027 (US$ MN)
FIGURE 28. Mexico AI chip market Revenue and Forecasts to 2027 (US$ MN)
The List of Companies - North America Artificial Intelligence (AI) Chip Market
- Advanced Micro Devices, Inc.
- Alphabet Inc. (Google)
- Huawei Technologies Co., Ltd.
- IBM Corporation
- Intel Corporation
- Micron Technology, Inc.
- NVIDIA Corporation
- Qualcomm Incorporated
- Samsung Electronics Co., Ltd.
- Xilinx, Inc.
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America AI chip market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the North America AI chip market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth North America market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution.