As artificial intelligence is driving demand for data center capacity, connectivity and graphics processor units, so AI should increase demand for Application-Specific Integrated Circuits (ASICs) and Field-Programmable Gate Arrays (FPGAs).
Perhaps the only question is what the rate of growth might be.
According to MarketsandMarkets, the global AI chip market is expected to grow from $7.6 billion in 2020 to $57.8 billion by 2026, at a compound annual growth rate (CAGR) of 40 percent.
Study Title | Publication Date | Publisher | ASIC Market Growth (CAGR) |
Artificial Intelligence Chip Market - Trends, Forecast and Competitive Analysis | May 2024 | Mordor Intelligence | 32.50% |
The Future of AI Processors: A Comparative Analysis of ASICs, FPGAs, and Neuromorphic Computing | March 2024 | McKinsey & Company Report | 35.8% (High Performance) |
AI Hardware Market: 2024-2029 | July 2024 | Grand View Research | 31.20% |
The Rise of Domain-Specific Architectures for AI Workloads | June 2024 | Gartner Research Report | 38.1% (Forecast to 2027) |
How AI is Transforming the Semiconductor Industry | February 2024 | Deloitte Insights Report | 34.70% |
No comments:
Post a Comment