Global Generative AI GPUs Chip Market Size | 2019-2032

Generative AI GPUs Chip Market Growth and Performance

Key Takeaways:

• In 2023, the global generative AI GPUs chip market size reached US$ 8.68 Billion, witnessing a YoY growth of 44.1%.
• The market is projected to experience a significant upsurge in market revenue, reaching US$ 97.79 Billion by the end of 2032.
• In terms of growth, the global generative AI GPUs chip market is anticipated to expand at a CAGR of 30.5% between 2024 and 2032.
• The AI-specific GPUs segment is projected to experience a significant upsurge in market revenue, reaching US$ 35.32 Billion by the end of 2032.
• The generative AI GPUs chip market is expected to witness an absolute dollar opportunity of US$ 89.11 Billion between 2024 and 2032.
• Among the diverse regions within this market, North America generative AI GPUs chip market took the lead, reaching a market value of US$ 3.13 Billion in 2023.
• The fastest growing market among regions is Latin America, experiencing a CAGR of 36.7% between 2024 and 2032.
• While all the leading countries are still important, US ruled as the leading market in the global generative AI GPUs 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 GPUs chip market is mainly driven by rising demand for scalable and agile IT Infrastructure and growing adoption of microservices architecture.

Generative AI GPUs Chip Market Scope

Generative AI GPUs Chip Industry: Regional Coverage