Global Generative AI ASIC Chip Market Size | 2019-2032

Global Generative AI ASIC Chip Market Size and Forecast by Type, Node Type, End User Application, Distribution Channel, Orchestration Platform, Service Type, and Region: Statistics | 2019-2032

Report Format:     | Pages: 250+
Type: Niche Industry Monitor | ID: GAC43106  | Publication: Aug 2024  |  US$2,945  |  

Generative AI ASIC Chip Market Growth and Performance

Key Takeaways:


  • In 2023, the global generative AI ASIC chip market size reached US$ 4.11 Billion, witnessing a YoY growth of 29.5%.
  • The market is projected to experience a significant upsurge in market revenue, reaching US$ 26.85 Billion by the end of 2032.
  • In terms of growth, the global generative AI ASIC chip market is anticipated to expand at a CAGR of 23.1% between 2024 and 2032.
  • The traditional ASIC segment is projected to experience a significant upsurge in market revenue, reaching US$ 16.00 Billion by the end of 2032.
  • The generative AI ASIC chip market is expected to witness an absolute dollar opportunity of US$ 22.74 Billion between 2024 and 2032.
  • Among the diverse regions within this market, North America generative AI ASIC chip market took the lead, reaching a market value of US$ 1.50 Billion in 2023.
  • The fastest growing market among regions is Latin America, experiencing a CAGR of 28.2% between 2024 and 2032.
  • While all the leading countries are still important, US ruled as the leading market in the global generative AI ASIC chip industry in 2023.
  • Among the diverse end users, consumer electronics was the largest end-user vertical in terms of spending in the market in 2023.
  • The global generative AI ASIC chip market is mainly driven by rising demand for scalable and agile IT Infrastructure and growing adoption of microservices architecture.

Generative AI ASIC Chip Market Scope

 

Analysis Period

2019-2032

 

 

Actual Data

2019-2023

 

 

Base Year

2023

 

 

Estimated Year

2024

 

 

CAGR Period

2024-2032

 

 
 

Research Scope

 

 

Type

Traditional ASICs

 

 

Field-Programmable Gate Arrays (FPGAs)

 

 

System-on-Chip (SoC)

 

 

Node Type

Advanced Node

 

 

Mid-range Node

 

 

Legacy Node

 

 

End User Application

Consumer Electronics

 

 

Automotive

 

 

Industrial

 

 

Telecommunications

 

 

Healthcare

 

 

Aerospace & Defense

 

 

Energy

 

 

Data Processing

 

 

Distribution Channel

Direct Sales

 

 

Distributors and Resellers

 

 

Online Marketplaces

 

 

Companies

NVIDIA, Google, Intel, AMD, IBM, Qualcomm, Xilinx (AMD), Broadcom, Apple, Huawei

 

 
   
   
   

 

Generative AI ASIC Chip Industry: Regional Coverage

 

Regional Scope

North America

US

Canada

Mexico

Western Europe

UK

Germany

France

Italy

Spain

Benelux

Nordics

Rest of Western Europe

Eastern Europe

Russia

Poland

Rest of Eastern Europe

Asia Pacific

Japan

Australia

China

South Korea

India

Malaysia

Hong Kong

Indonesia

New Zealand

Singapore

Thailand

Vietnam

Philippines

Taiwan

Rest of Asia Pacific

Latin America

Brazil

Peru

Colombia

Chile

Rest of Latin America

MEA

Israel

South Africa

Saudi Arabia

UAE

Qatar

Kuwait

Oman

Bahrain

Nigeria

Kenya

Turkey

Rest of MEA

 

Sub-Regions

ASEAN

Indonesia

Malaysia

Philippines

Thailand

 

 

 

 

 

Vietnam

 

 

 

 

 

Rest of Asia Pacific

 

 

 

 

BRICS

Brazil

Russia

India

China

South Africa

GCC

Saudi Arabia

UAE

Qatar

Kuwait

Oman

Bahrain

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