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Publication: Aug 2024
Report Type: Niche Report
Report Format: PDF DataSheet
Report ID: GAC43133 
  Pages: 110+  

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

 Aug 2024   

India Generative AI ASIC Chip Market Growth and Performance

Key Takeaways:

  • 2023 saw the India generative AI ASIC chip market size rose to US$ 89.4 Million, marking a 30.8% YoY growth.
  • DataCube Research foresees, the generative AI ASIC chip market in India is set to make significant strides on the global stage, with projected revenue reaching US$ 765.8 Million by 2032. Moreover, our analysis indicates a promising trajectory, an anticipated CAGR of 26.0% from 2024 to 2032.
  • Within the Indian generative AI ASIC chip market, our research highlights the dominance of the traditional ASIC segment, which claimed the largest market share of 59.8% in 2023. This underscores the segment's robust position and potential for continued growth.
  • In our projections, we also pay close attention to end user dynamics. We anticipate the healthcare sector to emerge as a key driver of growth, expanding with a fastest CAGR of 30.6% during the forecast period spanning 2024 to 2032.

India 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