Global Market for Artificial Intelligence (AI) Hardware Expected to reaching US$77 Billion by 2030

LOS ANGELES - May 5, 2025 - PRLog -- Industry Experts, Inc. unveiled the new market research report on AI Hardware Market. As per this report, the global market size for AI Hardware is estimated at US$25 billion in 2024 and is likely to register a 2024-2030 CAGR of 20.5% in reaching a projected US$76.7 billion by 2030. North America is the largest global market for AI Hardware with an estimated share of 34.2% in 2024. The region is home to major tech giants, such as NVIDIA, Intel, AMD, Apple, Google and IBM, which are prominent producers of AI hardware, such as GPUs and TPUs, in addition to investing heavily in research & development, thereby driving market growth.

One of the major factors propelling demand for AI Hardware includes growing demand for AI applications. An increase in the use of AI across industries, such as healthcare (for diagnostics), automotive (for autonomous vehicles) and retail (for personalized suggestions) has been driving the demand for effective hardware that can support complex algorithms and real-time processing. This comprehensive market report provides an in-depth analysis of the AI Hardware market including industry landscape covering market outlook, growth drivers and constraints, Industry Adoption, SWOT analysis, market entry strategies, Porter's five forces and PESTEL analysis. The study also comprises pricing analysis, untapped market analysis, key market player profiles along with market shares, SWOT for leading players and market positioning of major players.

This report studies the Artificial Intelligence Hardware (AI) market across all major regions including North America (The United States, Canada and Mexico), Europe (Germany, the United Kingdom, France, Italy, the Netherlands, Spain, Russia, Switzerland and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Singapore, South Korea and Rest of Asia-Pacific), South America (Brazil, Argentina, Colombia, Chile, Peru and Rest of South America) and Middle East & Africa (United Arab Emirates, South Africa, Egypt, Saudi Arabia, Morocco, Kuwait, Qatar and Rest of Middle East & Africa).

The study analyzes the AI Hardware market based on Type – Processors, Network, Memory and Storage; Application – Machine Learning, Computer Vision, Natural Language Processing and Expert Systems; and Industry Sector – IT & Telecommunications, BFSI, Healthcare, Retail, Automotive and Others.

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For the full report visit: https://industry-experts.com/verticals/information-technology-media/global-artificial-intelligence-ai-hardware-market