US Generative AI ASIC Chip Market Size | 2019-2032

US 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

Report Format:     | Pages: 110+
Type: Niche Industry Monitor | ID: GAC43117  | Publication: Aug 2024  |  US$545  |  

US Generative AI ASIC Chip Market Growth and Performance

Key Takeaways:


  • In 2023, the US generative AI ASIC chip market size represented US$ 1.14 Billion, grew by 29.1% compared to previous year.
  • This market is projected to register a compound annual growth rate (CAGR) of 19.3% from 2024 to 2032, resulting in a forecasted market value of US$ 5.70 Billion by the end of 2032.
  • When compared at a segmental level, in the US, traditional ASIC segment generated the highest revenue in 2023.
  • In the US generative AI ASIC chip market, the largest end user sector will be consumer electronics, with a projected market value of US$ 958.4 Million by 2032.

US 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

 

 
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