The AI In Hardware Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the AI In Hardware Market?
The market size for AI in hardware has seen remarkable expansion recently. The market increased from $25.45 billion in 2024 to $31.36 billion in 2025, experiencing a compound annual growth rate (CAGR) of 23.2%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the AI In Hardware Industry?
The forecast for the AI in hardware market predicts a size of $72.77 billion by 2029, with a compound annual growth rate (CAGR) of 23.4%.
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What are the Key Growth Drivers Fueling the AI In Hardware Market?
The key drivers in the ai in hardware market are:
• Rapid urbanization contributing to technological development
• Rising Internet penetration globally
• The emergence of smart cities with advanced technologies
• Increasing demand for autonomous vehicles requiring artificial intelligence
• Growing need for cloud computing services powered by AI
Global Market Segmentation: Identifying Major AI In Hardware Industry Segments
The AI in hardware market covered in this report is segmented –
1) By Type: Processor, Memory Network, Storage
2) By Deployment: Cloud, On-Premise
3) By Technology: Machine Learning, Computer Vision, Natural Language Processing, Expert Systems
4) By Application: Training And Simulation, Driver Monitoring Systems, Surveillance And Security, Other Applications
5) By End User: Telecommunication And IT (Information Technology) Industry, Banking And Finance Sectors, Ecommerce, Robotics, Healthcare, Other End Users
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What are the Emerging Trends Shaping the Future of the AI In Hardware Market?
The key trends in the ai in hardware market are:
• Rapid urbanization is shaping the future of the AI in hardware market.
• The widespread penetration of the internet is an emerging trend in this market.
• The rise in smart cities is influencing the trajectory of the AI in hardware market.
• The growing demand for autonomous vehicles and cloud computing are significant emerging trends.
Who Are the Top Competitors & Leading Players in the AI In Hardware Market?
Major companies in the ai in hardware market are:
• Qualcomm Technologies
• Alphabet Inc.
• Micron Technology
• NVIDIA Corporation
• Huawei Technologies Co. Ltd.
• Intel
• Apple Inc.
• IBM
• Advanced Micro Devices Inc.
• Samsung Electronics Co. Ltd.
• Xilinx
• Cambricon Technologies
• Graphcore
• Kalray
• Mipsology
• BrainChip Holdings
• LightOn
• Synetec
• Imobisoft
• Light IT Global
• Webol
• Theodo
• Digiryte
• Innowise Group
• Magora
• Skyward Digital
• GPU-Tech
• Elvees NeoTek
• Cogito Instruments
• Trencadis Corp
• Dell Technology Inc.
• Amazon Web Services, Inc.
• Open AI
• Empiria.ai
• NetuxLab
• Tellumat
• DataProphet
• Cortex Logic
• JUMO
• Xineoh
• Clevva
Regional Dominance: Which Area Leads the Global Template Market?
North America was the largest region in the AI in hardware market in 2024
