Asia Pacific Artificial Intelligence (AI) Chip Market

AI Chip market in the Asia Pacific is expected to grow from US$ 1.03 Bn in 2018 to US$ 22.27 Bn by the year 2027 with a CAGR of 40.9% from the year 2019 to 2027.

The increase in digitalization and the presence of the huge amount of data and significant adoption of advanced technologies by various industries are boosting the growth of the artificial intelligence Chip market. Moreover, the increase in integration of cloud-based computing across industries and the proliferation of edge devices are anticipated to propel AI Chip market growth in the forecast period. The availability of the massive amount of data originating from different data sources is one of the key factors driving the growth of artificial intelligence technology across the globe. The proliferation of smart devices, easy availability of the internet, the advancement of IoT, and the advent of smart homes and smart cities are some of the major reasons for the exponential increase in data generation. The connected devices are also increasing exponentially. These connected devices communicate and generating an enormous amount of data every second. This digitization revolution presents an enormous opportunity for businesses to utilize the huge volumes of user/process data to gain useful insights. Moreover, the proliferation of edge devices such as smartphones, smart speakers, AR/VR headsets, head-mounted displays, pcs/tablets, drones, security cameras, self-driving cars and robots among others is increasing at an unprecedented rate across the globe. Consumer electronics is one of the fastest growing, and it has huge potential for AI Chip market growth. The proliferation of smartphone-embedded AI processors by tech giants like Apple, Samsung, and Google is already gaining traction and driving the growth of AI Chip market in edge devices.

The data center segment of the AI Chip market led the Asia Pacific market with maximum share. However, the data center segment is expected to lose its dominance to the edge segment during the forecast period. Artificial intelligence is one of the most disruptive technologies in today’s digital world, and hence, AI chips are the most disruptive hardware. AI chips are majorly being used for training and inference purposes in data center/cloud computing. However, with breakthroughs in the last few years, AI chips have evolved to cater to a wide range of applications, especially inference at the edge. Edge computing is also emerging as a preferred choice for applications where data privacy issues and data bandwidth are important. The future market growth of edge computing is expected to be phenomenal mainly due to the interest of major market players such as Google, NVIDIA, Apple, Samsung, and Intel, among others. The AI Chip market is bifurcated by segment into Datacenter/Cloud and edge applications.

China dominated the AI Chip market in 2018 and is anticipated to continue its dominance in the market across the Asia Pacifica region through the forecast period. Some of the countries that are expected to witness growth in the near future include South Korea, India, and Japan, among others. The figure given below highlights the revenue share of the rest of Asia Pacific in the AI Chip market in the forecast period:

Rest of Asia Pacific Artificial Intelligence (AI) Chip Market Revenue and Forecasts to 2027 ( US$ Mn)

Asia Pacific Artificial Intelligence (AI) Chip Strategic Insights

Strategic insights for the Asia Pacific Artificial Intelligence (AI) Chip provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

Asia Pacific Artificial Intelligence (AI) Chip Report Scope

Asia Pacific Artificial Intelligence (AI) Chip Regional Insights

The geographic scope of the Asia Pacific Artificial Intelligence (AI) Chip refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

ASIA PACIFIC 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

• South Korea
• China
• India
• Australia
• Japan
• Rest of Asia Pacific

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.