Deep Learning Chipset Market Growth, Size And Scope 2025 to 2034
Built for executives and teams involved in growth planning, this research offers a data-driven view of the deep learning chipset industry’s direction and competitive environment.
What Is The Current Outlook For The Deep Learning Chipset Market By 2025?
The deep learning chipset market size has grown exponentially in recent years. It will grow from $9.47 billion in 2024 to $12.01 billion in 2025 at a compound annual growth rate (CAGR) of 26.9%. The growth in the historic period can be attributed to the growing need to streamline large volumes of data, the rise of cloud computing, the development of AI-driven applications, government investments, and the evolution of AI frameworks and libraries.
The deep learning chipset market size is expected to see exponential growth in the next few years. It will grow to $31.67 billion in 2029 at a compound annual growth rate (CAGR) of 27.4%. The growth in the forecast period can be attributed to growth of autonomous systems, the emergence of 5g technology, increasing focus on energy efficiency, rising adoption of IoT, and rising demand for automobiles. Major trends in the forecast period include advances in neuromorphic computing, customization of AI hardware, focus on energy-efficient AI solutions, advancement in AI-powered healthcare devices, and adoption of cloud-based technology.
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What Are The Key Driving Factors For The Growth Of The Deep Learning Chipset Market?
The rising adoption of Internet of Things (IoT) devices is expected to drive the deep learning chipset market going forward. Internet of Things (IoT) devices are physical objects equipped with sensors, software, and other technologies that enable them to connect to the internet and exchange data with other devices and systems. The adoption of IoT is due to lower sensor costs, advancements in AI, demand for automation, and the growth of smart devices and 5G networks. IoT devices generate vast amounts of data crucial for training deep learning models, which deep learning chipsets efficiently process to enhance AI capabilities. These chipsets are optimized for high-speed processing, enabling real-time analysis and decision-making essential for applications. For instance, in September 2022, according to a report published by Ericsson, a Sweden-based telecommunications company, global IoT connections reached 13.2 billion connections in 2022 and are expected to increase by 18% to 34.7 billion connections by 2028. Therefore, the rising adoption of Internet of Things (IoT) devices will drive the deep learning chipset market.
Global Deep Learning Chipset Market Report Segmentation
The deep learning chipsetmarket covered in this report is segmented –
1) By Type: Graphics Processing Units (GPUs), Central Processing Units (CPUs), Application Specific Integrated Circuits (ASICs), Field Programmable Gate Arrays (FPGAs), Other Types
2) By Technology: System-On-Chip (SOC), System-In-Package (SIP), Multi-Chip Module, Other Technologies
3) By Compute Capacity: High, Low
4) By End-User Industry: Healthcare, Automotive, Retail, Banking, Financial Services, And Insurance (BFSI), Manufacturing, Telecommunications, Energy, Other End-User Industries
Subsegments:
1) By Graphics Processing Units (Gpus): Consumer Gpus, Data Center Gpus, Server Gpus, Integrated Gpus, Cloud Gpus
2) By Central Processing Units (Cpus): Multi-Core Cpus, High-Performance Cpus, Server Cpus, Consumer Cpus
3) By Application Specific Integrated Circuits (Asics): Deep Learning Asics, Tensor Processing Units (Tpus), Cryptocurrency Mining Asics, Custom Ai Asics
4) By Field Programmable Gate Arrays (Fpgas): General-Purpose Fpgas, Ai-Optimized Fpgas, High-Performance Fpgas
5) By Other Types: Neuromorphic Chips, Quantum Chips, Edge Ai Chips, Hybrid Chips (Combination Of Different Chip Architectures)
Deep Learning Chipset Market Emerging Trends And Opportunities
Major companies operating in the deep learning chipset market are focusing on developing advanced products, such as deep-learning processors, to enhance computational efficiency and improve processing speeds for complex AI applications. Deep learning processors are designed to accelerate the computational tasks involved in deep learning and utilize neural networks with multiple layers to analyze large amounts of data. For instance, in May 2022, Habana Labs Ltd., a US-based deep learning and AI processor chip manufacturing company, launched Habana Gaudi2 Training and Habanab Greco, second-generation deep learning processors. Habana Gaudi2 has tremendous performance improvements, achieving up to 2x throughput compared to Nvidia’s A100 GPU. It has 24 tensor processor cores, a substantial increase over its predecessor, and 96 GB of HBM2E memory, triple the previous capacity. It features 24 100 Gigabit RDMA connections, allowing for scalable training settings and reducing reliance on proprietary technology. Habanab Greco is expected to make significant speed gains over its predecessor, comparable to the advancements observed in Gaudi 2.
Who Are The Leading Players In The Deep Learning Chipset Market?
Major companies operating in the deep learning chipset market are Apple Inc., Microsoft Corporation, Samsung Electronics Co. Ltd., Huawei Technologies Co. Ltd., Amazon Web Services Inc., Intel Corporation, International Business Machines Corporation, Qualcomm Technologies Inc., Micron Technology Inc., NVIDIA Corporation, Advanced Micro Devices Inc., Texas Instruments Incorporated, MediaTek Inc., NXP Semiconductors, INSPUR Co. Ltd., Cambricon Technologies, Rockchip, Cerebras Systems Inc., Mythic, Habana Labs Ltd., BrainChip Inc.
View the full deep learning chipset market report here:
https://www.thebusinessresearchcompany.com/report/deep-learning-chipset-global-market-report
Which Region Is Projected To Hold The Largest Market Share In The Global Deep Learning Chipset Market By 2029?
North America was the largest region in the deep learning chipset market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the deep learning chipset market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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