The Machine Learning Chip Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
The machine learning chip market has seen significant expansion recently. It is set to increase from a value of $21.12 billion in 2024 to $28.97 billion in 2025, reflecting a compound annual growth rate (CAGR) of 37.2%.
The Machine Learning Chip Global Market Report 2025 projects the market size to reach $103.35 billion by 2029. The market is also anticipated to grow at a compound annual growth rate (CAGR) of 37.4%.
Download Your Free Sample of the 2025 Machine Learning Chip Market Report and Uncover Key Trends Now!The key drivers in the machine learning chip market are:
• Integration of AI in edge devices
• Continued AI algorithm complexity
• Increased focus on energy efficiency
• Expanding scope of AI applications
• Global push for autonomous systems
The machine learning chip market covered in this report is segmented –
1) By Chip Type: Graphics Processing Unit (GPU), Application-Specific Processor (ASIC), Field Programmable Gate Array (FPGA), Central Processing Unit (CPU), Other Chips
2) By Technology: System-On-Chip (SoC), System-In-Package, Multi-Chip Module, Other Technologies
3) By Industry Vertical: Banking, Financial Services, And Insurance (BFSI), IT And Telecom, Media And Advertising, Retail, Healthcare, Automotive, Other Industry Verticals
The key trends in the machine learning chip market are:
• Integration of AI in edge devices is a trend influencing the Machine Learning Chip market.
• Increasing focus on the energy efficiency of AI systems is another significant trend.
• A global trend towards autonomous systems is shaping the future of the market.
• Technological partnerships, collaborations, and increased investments in AI R&D are emerging trends in the sector.
Major companies in the machine learning chip market are:
• Google LLC
• Samsung Electronics Co. Ltd.
• Tencent Holdings Limited
• Amazon Web Services Inc.
• Taiwan Semiconductor Manufacturing Company Limited (TSMC)
• Intel Corporation
• International Business Machines Corporation (IBM)
• SoftBank Group Corp
• Qualcomm Incorporated
• Micron Technology, Inc. (US)
• NVIDIA Corporation
• Toshiba Corporation
• Advanced Micro Devices Inc.
• Texas Instruments Incorporated
• Baidu Inc.
• NXP Semiconductors
• Synopsys Inc.
• Lattice Semiconductor Corporation
• Horizon Robotics
• Hailo
• Cerebras Inc.
• BitMain Technologies Holding Company
• Graphcore
• Mythic
• Gyrfalcon Technology
• Flex Logix Technologies
• Wave Computing, Inc.
• Esperanto Technologies
• BrainChip Holdings
North America was the largest region in the machine learning chip market in 2024