Futurum Intelligence Releases AI Chipset Market Share Analysis, 5-Year Forecast, Revealing Vendor Revenue and Growth
2024年8月20日 - 1:41AM
ビジネスワイヤ(英語)
- The first-of-its-kind study focuses on the AI chipset sector in
the Data Center segment, analyzing 18 chip vendors and their
respective revenue across the various product lines
- Futurum Intelligence estimates that going into 2024 the total
market in processors and accelerators for AI applications in the
data center segment totaled $38B and forecasts a 5-year 30% CAGR
growth for the sector, reaching $138B by 2028
- According to the study, the market’s evolution indicates that
CPUs have been, and will continue to hold an important role in AI
processing in data centers, holding 20% market share when entering
2024, and will see a 28% 5-year CAGR - growing from $7.7B to $26B
by 2028
The Futurum Group’s research arm, Futurum Intelligence, today
released its AI chipset market analysts and study, providing a
5-year market forecast and segment sizing. Focused on the
industry’s $400B global data center market, the study analyzed the
server segment where AI processing takes place, estimating this
segment will be one of the fastest growing and the use of AI
applications one of the largest.
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Futurum Intelligence AI Chipset Market
Forecast (Graphic: Business Wire)
Global data center investments have seen new growth drivers in
the AI inferencing chip market which is set to grow significantly
this year as generative AI models mature and chipmakers focus on
inferencing support.
The significant study encompasses eighteen different chips
vendors and determines their respective market share positions
across the four primary product categories, GPUs, CPUs, XPUs
(dedicated accelerators used in AI apps like Intel Gaudi, IBM
Telum, Groq LPU, etc.) and Custom Cloud Accelerators such as Google
TPU, AWS Trainium & Inferentia, Microsoft Maia.
The semiconductor sector in the market accounts for ~30% of the
S&P Index’s weight and its market cap reaches over $5T. The
sector’s current YTD return in the market exceeds 66% while the
S&P returned 16% YTD. Similar to its strong market performance,
the study finds Nvidia has held 92% of the market share for GPUs in
early 2024. The GPU market accounted for 74% of chipsets used in AI
applications within data centers and is forecasted to grow by 30%
CAGR over the next 5 years, reaching $102B by 2028, from $28B in
2023.
According to the study’s findings, Hyperscale Cloud Providers
such as Google, AWS, Oracle, Microsoft and others drove 43% of the
purchase decisions going into 2024 and are forecasted to be the
leading buyers of AI processors and accelerators, growing to 50% by
2028. The market’s cloud segment indicated a 58% market share held
by Google and a 21% market share by AWS, forecasted to grow by 35%
CAGR up to $6B in 2028.
Processors and accelerators for AI excluded in the study were
data center processing not available for public use. e.g. AI
chipsets designed for and used by Meta, Tesla, Apple, etc.
“We are witnessing the most profound technological revolution
with the advent of AI and its supporting semiconductors solutions,”
said Daniel Newman, CEO of The Futurum Group. “As AI innovation
evolves, companies like NVIDIA, AMD and Arm are seeing significant
revenue growth, but the market's competitive landscape is expected
to intensify with new entrants and startups poised to capture
market shares and drive continued innovation. For that reason, I am
very proud to continue and bring insightful and actionable
intelligence to the market in a most substantive and timely
manner,” he added.
Here are key highlights from the study:
- Despite challenging global trade dynamics, North America leads
the AI chipset market with a 55% share, driven by its advanced data
center infrastructure, followed by EMEA and APAC.
- CPUs have been and will continue to hold an important role in
AI processing in data centers, holding 20% market share in 2023 and
will experience 28% 5-year CAGR - growing from $7.7B in 2023 to
$26B in 2028.
- Public Cloud AI Instance are important custom accelerators for
hyperscalers and their customers. 3% market share in 2023 and will
experience 35% 5-year CAGR - growing from $1.3B in 2023 to $6B in
2028.
- Entering 2024 in the custom-cloud AI instance segment, we
estimate Google held a dominate 58% market share (Tensor), with AWS
(Trainium & Inferentia) 21%.
- XPUs, generally available, dedicated accelerators are estimated
to have 3% market share in 2023 and will experience 31% 5-year CAGR
- growing from $1B in 2023 to $3.7B in 2028.
- While Data Center Managers are estimated to drive 30% of the
decisions today, they will drop to 23% by 2028 and Enterprise IT
Managers will surpass them to be 27% of those driving decisions by
the end of the forecast period.
- Use Case: At 24%, Visual & Audio Analytics is the
biggest use case today entering 2024, closely followed by
Simulation & Modeling (21%). Object Identification,
Detection, and Monitoring is the fastest growing (38% %-Year
CAGR) closely followed by Conversational AI (36% 5-Year
CAGR).
- Of 17 different verticals studied, use in each is very
broad-based, with Manufacturing & Industrial and
Media and Entertainment each holding 11% of the market
share., however we estimate Information Technology and
Telecom will grow the fastest at over 40% each - closely
followed by Financial Services & Insurance (39% growth)
and Healthcare (37% growth).
- The top three use cases by 2028 will be Visual & Audio
Analytics, Simulation & Modeling and Text
Generation, Analysis & Summary
The complete study includes detailed revenue and growth by
product type through 2028, deployment type by year, 11 use cases
sized by year and 17 vertical markets sized by year.
To download the full survey report, please visit its dedicated
page here
Methodology
This report used primary and secondary sources of information to
develop it. It focuses solely on market vendors offering AI
processors and accelerators used in data centers for AI
applications.
Data has been gathered and evaluated from annual filings/10K
reports, investor presentations, industry publications, and other
publicly available sources. A comprehensive assessment of major and
secondary vendors was conducted to derive base-year revenue
estimates. The forecasting model is constructed based on the
historical growth of vendors providing AI processors and
accelerators, macroeconomic factors, significant underlying trends
in technology and mid-market companies, and small and midsize
businesses (SMBs), which drive market growth. This includes
chipsets that were announced in 2023 and come online (deployed) in
2024.
All revenues stated are from the technology vendor ("factory")
and do not include channel/reseller markup ("retail"). We attempt
to make our units clear in all figures and tables. Numbers in the
tables may not add precisely to 100% due to rounding.
About Futurum Intelligence
At Futurum Intelligence, the research arm of The Futurum Group
company, analysts, researchers, and advisors help business leaders
worldwide anticipate tectonic shifts in their industries and
leverage disruptive innovation.
Unlike traditional analysts, The Futurum Group works not only in
analysis and research but also takes that insight and knowledge
even further, engaging all the way through the go-to-market
process. Futurum Research provides in-depth research and insights
on global technology markets using advisory services, custom
research reports, strategic consulting engagements, digital events,
go-to-market planning, and message testing. It also creates,
distributes, and amplifies rich media content that all stakeholders
read, watch, and listen to.
See more details on The Futurum Group at futurumgroup.com
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version on businesswire.com: https://www.businesswire.com/news/home/20240819523529/en/
Nati Katz nkatz@futurumgroup.com