Global Machine Learning Chip Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Technology;

System-on-chip (SoC), System-in-package (SIP), Multi-chip module and Others.

By Industry Vertical;

Media & advertising, BFSI, IT & telecom, Retail, Healthcare, Automotive & transportation and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn549309184 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Machine Learning Chip Market (USD Million), 2021 - 2031

In the year 2024, the Global Machine Learning Chip Market was valued at USD 5,045.80 million. The size of this market is expected to increase to USD 55,906.67 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 41%.

The global machine learning chip market is experiencing rapid growth driven by advancements in artificial intelligence (AI) and deep learning technologies. Machine learning chips, also known as AI accelerators or neural processing units (NPUs), are specialized processors designed to efficiently perform the complex calculations required for machine learning algorithms. These chips are integral to various applications such as natural language processing, computer vision, autonomous vehicles, and more.

Key drivers of this market include the increasing adoption of AI across industries, from healthcare and finance to automotive and consumer electronics. These sectors rely on machine learning chips to enhance decision-making processes, improve operational efficiency, and deliver innovative products and services. As demand grows for faster and more energy-efficient computing solutions, the machine learning chip market is poised to expand further.

Challenges such as the high cost of development and the need for specialized expertise in chip design pose barriers to entry for many companies. Nonetheless, advancements in semiconductor technology, including the development of new materials and architectures, promise to address these challenges and drive the market forward. As competition intensifies among semiconductor manufacturers and tech giants, innovation in machine learning chips is expected to accelerate, bringing about new opportunities and applications in the global market.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Technology
    2. Market Snapshot, By Industry Vertical
    3. Market Snapshot, By Region
  4. Global Machine Learning Chip Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. AI Integration
        2. Increasing Data Complexity
        3. Demand for Energy Efficiency
      2. Restraints
        1. High Development Costs
        2. Limited Adoption in Legacy Systems
        3. Regulatory Challenges
      3. Opportunities
        1. Edge Computing Expansion
        2. Growth in Autonomous Vehicles
        3. Advancements in Neural Networks
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Compititive Rivalry
  5. Market Segmentation
    1. Global Machine Learning Chip Market, By Technology, 2021 - 2031 (USD Million)
      1. System-on-chip (SoC)
      2. System-in-package (SIP)
      3. Multi-chip module
      4. Others
    2. Global Machine Learning Chip Market, By Industry Vertical, 2021 - 2031 (USD Million)
      1. Media & advertising
      2. BFSI
      3. IT & telecom
      4. Retail
      5. Healthcare
      6. Automotive & transportation
      7. Others
    3. Global Machine Learning Chip Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. AMD (Advanced Micro Devices)
      2. Google, Inc.
      3. Intel Corporation
      4. NVIDIA
      5. Baidu
      6. Bitmain Technologies
      7. Qualcomm
  7. Analyst Views
  8. Future Outlook of the Market