Artificial Intelligence Chip Market Insights Video
According to Cognitive Market Research, the global Artificial Intelligence Chip market size was USD 21584.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 39.50% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 8633.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 37.7% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 6475.26 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 4964.37 million in 2024 and will grow at a compound annual growth rate (CAGR) of 41.5% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 1079.21 million in 2024 and will grow at a compound annual growth rate (CAGR) of 38.9% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 431.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 39.2% from 2024 to 2031.
The BFSI held the highest Artificial Intelligence Chip market revenue share in 2024.
