Global Artificial Intelligence Chipsets Strategic Business Report, 2023-2030: Featuring Leading Players - Intel, Advanced Micro Devices, Qualcomm Tech
The Worldwide Business for AI Chipsets
Artificial Intelligence Chipsets: The Growing Market Across the Globe
Dublin, June 30, 2023 (GLOBE NEWSWIRE) -- The "Global Strategic Business Report on Artificial Intelligence Chipsets" has been included in the offerings of ResearchAndMarkets.com.
The worldwide market for artificial intelligence chipsets is projected to attain a value of $259.3 billion by the year 2030.
After the COVID-19 pandemic, the business world has undergone significant changes. The global market for Artificial Intelligence Chipsets, which was valued at around $45.3 billion in 2022, is expected to grow to approximately $259.3 billion by 2030. This represents a compound annual growth rate (CAGR) of 24.4% during the period between 2022 and 2030. One of the segments examined in the report is the Processor segment, which is expected to grow at a CAGR of 23.4% and reach a value of $111.6 billion by the end of the analysis period. The Memory segment is also expected to experience growth, with a revised CAGR of 25.7% over the next eight years, taking into account the ongoing post-pandemic recovery.
The market size in the United States is valued at around $14 billion, whereas it is anticipated that China will experience a remarkable compound annual growth rate (CAGR) of 23.1%.
The United States is expected to have an Artificial Intelligence Chipsets market worth $14 billion in 2022. China, the second largest economy in the world, is predicted to reach a market size of $42.5 billion by 2030, with a compound annual growth rate (CAGR) of 23.1% between 2022 and 2030. Other noteworthy markets include Japan and Canada, which are forecasted to grow at CAGRs of 21.4% and 20.6% respectively during the 2022-2030 period. In Europe, Germany is expected to grow at a CAGR of approximately 15.9%.
Choose Rivals (A Total of 37 Prominent Ones)
AMD, Inc.
is a cloud computing platform provided by Amazon. It offers a wide range of services that help businesses scale and grow. With AWS, companies can easily access computing power, storage, and databases, among many other resources, without the need for investing in expensive hardware. This allows for more flexibility and cost-effectiveness in managing IT infrastructure. AWS has become a popular choice for startups and large enterprises alike, as it simplifies the process of deploying and managing applications. Furthermore, its secure and reliable nature ensures the protection of sensitive data. As the demand for cloud computing continues to grow, AWS remains a leading player in the market, constantly innovating and expanding its services to meet the evolving needs of businesses around the world.
Anticipating the Arrival of 2023
The world economy is currently facing significant problems and difficulties which are all interconnected. The outcome of Russia's aggression towards Ukraine and its contribution to global instability remains uncertain, indicating that the issue of inflation is far from resolved. The continual rise in food and fuel prices will continue to pose a challenge to the economy. The increase in retail inflation will have a negative impact on consumer confidence and expenditure. Additionally, as governments attempt to counter inflation by raising interest rates, the creation of new jobs will slow down, ultimately affecting economic activity and growth.
Companies may decrease their spending on investments due to concerns about inflation and a decrease in demand, leading to lower capital expenditures. Developed markets, experiencing slower growth and high inflation, are likely to enter a recession. The world also faces a genuine risk of encountering additional supply chain issues and manufacturing disruptions due to fears of new COVID outbreaks and China's uncertain recovery from the pandemic.
Unstable financial markets, escalating trade disputes, more stringent regulations, and the need to prioritize climate change in economic choices will intensify the difficulty of the problems we confront. The upcoming year, 2023, is anticipated to be a challenging one for the majority of markets, investors, and consumers. However, businesses and their leaders who possess the ability to navigate through obstacles with resilience and flexibility will still find prospects for success.
Projected Market Worth (USD) in 2022
Projected Market Worth (USD) by 2030
Compound Annual Growth Rate (CAGR) is a measure commonly used in finance and investing to determine the average annual rate of growth of an investment or business over a specified period of time. It takes into account the compounding effect and gives a more accurate picture of the growth rate compared to a simple average calculation. CAGR is especially useful when analyzing investments that experience fluctuating growth rates year after year.
The Consequences of the Covid-19 Pandemic and an Approaching Worldwide Economic Downturn
Market share of global key competitors in the field of Artificial Intelligence Chipsets in 2022 (estimated).
Dominant/Engaged/Specialized/Insignificant Market Existence for Global Players in 2022 (E)
2. PUT EMPHASIS ON SPECIFIC INDIVIDUALS
Advanced Micro Devices, also known as AMD, is a leading company in the field of semiconductor technology. They specialize in the design and production of processors, graphics cards, and other computer hardware components. With a strong focus on innovation and cutting-edge technology, AMD continues to push the boundaries of what is possible in the world of computing. Their products are widely recognized for their performance and reliability, making them a popular choice among tech enthusiasts and professionals alike. As AMD continues to grow and expand its product offerings, it remains a key player in the competitive semiconductor industry.
Amazon Web Services (AWS) is a cloud computing platform offered by Amazon. With AWS, individuals and organizations can access a wide range of computing resources, including storage, databases, and application services, over the internet. AWS offers scalable, flexible, and cost-effective solutions, enabling businesses to meet their computing needs without the hassle of managing physical infrastructure. Whether you need to run applications, store and analyze data, or create machine learning models, AWS provides a reliable and secure platform to support your technology projects. With its extensive suite of services and its global infrastructure, AWS has become a popular choice for businesses of all sizes, from startups to enterprises.
Market trends and factors that influence the market.
The view of the worldwide market
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The Worldwide Market for AI Chipsets
