Deep Learning Chipset Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region

Emerging Technologies and Growing Demand Drive Remarkable Growth

The global deep learning chipset market is poised for substantial expansion, with forecasts suggesting it will surge at a remarkable CAGR of 31.0% from 2024 to 2031, reaching a valuation of US$ 65 billion. According to comprehensive market research provided by the publisher, the market, which was valued at US$ 10 billion in 2024, is being driven by a myriad of factors including the pervasive use of artificial intelligence across various industries, advancements in quantum mechanics, and the burgeoning global gaming sector.

Rising Demand Across Industries

Deep learning technology is increasingly being adopted across diverse industries such as healthcare, automotive, consumer electronics, and aerospace & defense. Corporations are leveraging deep learning and machine learning models to decipher consumer behavior, utilizing vast volumes of data to gain valuable insights.

Smart Home Appliances Revolution

A significant driver of market growth is the rising popularity of smart home appliances globally. With an increasing number of households embracing smart devices such as smart speakers, smart bulbs, and smart thermostats, the demand for deep learning chips embedded within these appliances is experiencing a surge. The number of smart homes worldwide is expected to reach around 478 million by 2025, further propelling market expansion.

Regional Insights

North America Leading the Charge

North America, particularly the United States, is at the forefront of the deep learning chipset market, with a market size expected to surpass US$ 30 billion by 2031. This growth is attributed to the widespread adoption of deep learning in cloud computing across various industries and the increasing prevalence of smart home appliances.

United Kingdom's Smart Home Market Potential

In the United Kingdom, the deep learning chipset market is projected to reach US$ 3.5 billion by 2031. With a steady increase in the adoption of smart home appliances, the UK market presents significant opportunities for growth, with an estimated 29 million households expected to have smart devices installed by 2027.

China and South Korea on the Rise

China and South Korea are emerging as key players in the deep learning chipset market, driven by the rising demand for smart home devices and increasing disposable income among consumers. China's market is expected to be worth US$ 6 billion by 2031, while South Korea's market is projected to reach US$ 2.8 billion in the same period.

Category-wise Insights

GPU Dominance and SOC's Potential

Graphics processing units (GPUs) are anticipated to witness significant growth, driven by advancements in high-performance computing, blockchain, and cryptocurrency mining. Additionally, system-on-chip (SOC) segments are expected to lead the market, fueled by the rising need for smart and power-efficient electronic devices and the increasing adoption of the internet of things.

Competitive Analysis

Key players in the deep learning chipset industry are focusing on providing comprehensive flagship offerings and delivering consistent client experiences across various industries. The market is expected to witness numerous mergers & acquisitions and product launches in the coming years as companies strive to maintain a competitive edge.

Key Companies Profiled

• Alphabet Inc.
• Amazon.Com, Inc.
• Advanced Micro Devices, Inc.
• Baidu, Inc.
• Bitmain Technologies Ltd.
• Intel Corporation
• Nvidia Corporation
• Qualcomm Incorporated
• Samsung Electronics Co. Ltd.
• Xilinx, Inc.

Global Deep Learning Chipset Market Outlook by Category

By Type:

• Central Processing Units (CPUs)
• Graphics Processing Units (GPUs)
• Field Programmable Gate Arrays (FPGAs)
• Application-Specific Integrated Circuits (ASICs)
• Others (NPU & Hybrid Chip)

By Technology:

• System-on-chip (SOC)
• System-in-package (SIP)
• Multi-Chip Module

By Region:

• North America
• Latin America
• Europe
• Asia Pacific
• Middle East and Africa

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