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North America Machine Learning Chip Market Size, Share & Trends Analysis Report By Technology (System-on-Chip (SoC), System-in-Package, Multi-chip Module, and Other Technology), By Chip Type, By Industry Vertical, By Country and Growth Forecast, 2024 - 2031

Published Date : 04-Dec-2024

Pages: 144

Formats: PDF

The North America Machine Learning Chip Market would witness market growth of 21.4% CAGR during the forecast period (2024-2031).

The US market dominated the North America Machine Learning Chip Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $11,994.2 million by 2031. The Canada market is experiencing a CAGR of 22.9% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 22.6% during (2024 - 2031).

North America Machine Learning Chip Market

This market is experiencing rapid growth as the demand for artificial intelligence (AI) and machine learning (ML) applications continues to surge across various industries. These chips, specifically designed to accelerate the computation and processing of ML algorithms, have become a fundamental component of modern technology. The advent of machine learning has revolutionized multiple sectors, from autonomous driving to healthcare, finance, and beyond.

In addition, these chips are designed to handle the specific requirements of training and inference tasks in machine learning models. These chips are optimized to process vast amounts of data, making them essential for applications where high computational power and efficiency are critical. In healthcare, these chips are used for medical imaging, diagnostics, drug discovery, and personalized treatment plans.

This market is witnessing significant growth globally, driven by advancements in AI and the increasing demand for high-performance computing. Two critical sectors contributing to this growth in Canada are the rising retail sector and the burgeoning media industry. The retail industry in Mexico, estimated to generate USD 76 billion in revenue and comprises over 47,000 retail stores, is undergoing rapid digital transformation. Canada's media industry, known for its dynamic and diverse content production, is crucial in expanding this market. The government's commitment to investing $2.5 billion over ten years to support Indigenous priorities and complementary federal support underscores the emphasis on inclusive and comprehensive media development. Thus, the intersection of the rising retail sector and the expanding media industry in Canada creates a fertile ground for the growth of the machine learning chip market.

Free Valuable Insights: The Machine Learning Chip Market is Predict to reach USD 45.0 Billion by 2031, at a CAGR of 22.0%

Based on Technology, the market is segmented into System-on-Chip (SoC), System-in-Package, Multi-chip Module, and Other Technology. Based on Chip Type, the market is segmented into GPU Chip, ASIC Chip, CPU Chip, FPGA Chip, Flash-Based Chip, Neuromorphic Chip, and Others. Based on Industry Vertical, the market is segmented into IT & Telecom, Consumer Electronics, BFSI, Retail, Automotive, Healthcare, Media & Advertising, Robotics Industry, and Others.  Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled

  • Advanced Micro Devices Inc.
  • Samsung Electronics Co., Ltd. (Samsung Group)
  • NXP Semiconductors N.V.
  • Qualcomm Incorporated (Qualcomm Technologies, Inc.)
  • NVIDIA Corporation
  • Intel Corporation
  • Infineon Technologies AG
  • IBM Corporation
  • Amazon Web Services, Inc. (Amazon.com, Inc.)
  • Cerebras Systems Inc.

North America Machine Learning Chip Market Report Segmentation

By Technology

  • System-on-Chip (SoC)
  • System-in-Package
  • Multi-chip Module
  • Other Technology

By Chip Type

  • GPU Chip
  • ASIC Chip
  • CPU Chip
  • FPGA Chip
  • Flash-Based Chip
  • Neuromorphic Chip
  • Others

By Industry Vertical

  • IT & Telecom
  • Consumer Electronics
  • BFSI
  • Retail
  • Automotive
  • Healthcare
  • Media & Advertising
  • Robotics Industry
  • Others

By Country

  • US
  • Canada
  • Mexico
  • Rest of North America
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Machine Learning Chip Market, by Technology
1.4.2 North America Machine Learning Chip Market, by Chip Type
1.4.3 North America Machine Learning Chip Market, by Industry Vertical
1.4.4 North America Machine Learning Chip Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges

Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.3 Market Share Analysis, 2023
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
4.4.2 Key Strategic Move: (Product Launches and Product Expansions: 2021, Jun – 2024, Oct) Leading Players
4.5 Porter Five Forces Analysis

Chapter 5. North America Machine Learning Chip Market by Technology
5.1 North America System-on-Chip (SoC) Market by Country
5.2 North America System-in-Package Market by Country
5.3 North America Multi-chip Module Market by Country
5.4 North America Other Technology Market by Country

Chapter 6. North America Machine Learning Chip Market by Chip Type
6.1 North America GPU Chip Market by Country
6.2 North America ASIC Chip Market by Country
6.3 North America CPU Chip Market by Country
6.4 North America FPGA Chip Market by Country
6.5 North America Flash-Based Chip Market by Country
6.6 North America Neuromorphic Chip Market by Country
6.7 North America Others Market by Country

Chapter 7. North America Machine Learning Chip Market by Industry Vertical
7.1 North America IT & Telecom Market by Country
7.2 North America Consumer Electronics Market by Country
7.3 North America BFSI Market by Country
7.4 North America Retail Market by Country
7.5 North America Automotive Market by Country
7.6 North America Healthcare Market by Country
7.7 North America Media & Advertising Market by Country
7.8 North America Robotics Industry Market by Country
7.9 North America Others Market by Country

Chapter 8. North America Machine Learning Chip Market by Country
8.1 US Machine Learning Chip Market
8.1.1 US Machine Learning Chip Market by Technology
8.1.2 US Machine Learning Chip Market by Chip Type
8.1.3 US Machine Learning Chip Market by Industry Vertical
8.2 Canada Machine Learning Chip Market
8.2.1 Canada Machine Learning Chip Market by Technology
8.2.2 Canada Machine Learning Chip Market by Chip Type
8.2.3 Canada Machine Learning Chip Market by Industry Vertical
8.3 Mexico Machine Learning Chip Market
8.3.1 Mexico Machine Learning Chip Market by Technology
8.3.2 Mexico Machine Learning Chip Market by Chip Type
8.3.3 Mexico Machine Learning Chip Market by Industry Vertical
8.4 Rest of North America Machine Learning Chip Market
8.4.1 Rest of North America Machine Learning Chip Market by Technology
8.4.2 Rest of North America Machine Learning Chip Market by Chip Type
8.4.3 Rest of North America Machine Learning Chip Market by Industry Vertical

Chapter 9. Company Profiles
9.1 Advanced Micro Devices, Inc.
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expenses
9.1.5 Recent strategies and developments:
9.1.5.1 Product Launches and Product Expansions:
9.1.5.2 Acquisition and Mergers:
9.1.6 SWOT Analysis
9.2 Samsung Electronics Co., Ltd. (Samsung Group)
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expenses
9.2.5 Recent strategies and developments:
9.2.5.1 Partnerships, Collaborations, and Agreements:
9.2.5.2 Product Launches and Product Expansions:
9.2.6 SWOT Analysis
9.3 NXP Semiconductors N.V.
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Regional Analysis
9.3.4 Research & Development Expenses
9.3.5 Recent strategies and developments:
9.3.5.1 Partnerships, Collaborations, and Agreements:
9.3.5.2 Product Launches and Product Expansions:
9.3.6 SWOT Analysis
9.4 Qualcomm Incorporated (Qualcomm Technologies, Inc.)
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expense
9.4.5 Recent strategies and developments:
9.4.5.1 Product Launches and Product Expansions:
9.4.6 SWOT Analysis
9.5 NVIDIA Corporation
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expenses
9.5.5 Recent strategies and developments:
9.5.5.1 Partnerships, Collaborations & Agreements:
9.5.6 SWOT Analysis
9.6 Intel Corporation
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expenses
9.6.5 Recent strategies and developments:
9.6.5.1 Partnerships, Collaborations, and Agreements:
9.6.5.2 Product Launches and Product Expansions:
9.6.6 SWOT Analysis
9.7 Infineon Technologies AG
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Research & Development Expense
9.7.5 Recent strategies and developments:
9.7.5.1 Product Launches and Product Expansions:
9.7.6 SWOT Analysis
9.8 IBM Corporation
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Regional & Segmental Analysis
9.8.4 Research & Development Expenses
9.8.5 Recent strategies and developments:
9.8.5.1 Product Launches and Product Expansions:
9.8.6 SWOT Analysis
9.9 Amazon Web Services, Inc. (Amazon.com, Inc.)
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segmental Analysis
9.9.4 Recent strategies and developments:
9.9.4.1 Partnerships, Collaborations, and Agreements:
9.9.5 SWOT Analysis
9.10. Cerebras Systems Inc.
9.10.1 Company Overview
9.10.2 Recent strategies and developments:
9.10.2.1 Product Launches and Product Expansions:
TABLE 1 North America Machine Learning Chip Market, 2020 - 2023, USD Million
TABLE 2 North America Machine Learning Chip Market, 2024 - 2031, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Machine Learning Chip Market
TABLE 4 Product Launches And Product Expansions– Machine Learning Chip Market
TABLE 5 Acquisition and Mergers– Machine Learning Chip Market
TABLE 6 North America Machine Learning Chip Market by Technology, 2020 - 2023, USD Million
TABLE 7 North America Machine Learning Chip Market by Technology, 2024 - 2031, USD Million
TABLE 8 North America System-on-Chip (SoC) Market by Country, 2020 - 2023, USD Million
TABLE 9 North America System-on-Chip (SoC) Market by Country, 2024 - 2031, USD Million
TABLE 10 North America System-in-Package Market by Country, 2020 - 2023, USD Million
TABLE 11 North America System-in-Package Market by Country, 2024 - 2031, USD Million
TABLE 12 North America Multi-chip Module Market by Country, 2020 - 2023, USD Million
TABLE 13 North America Multi-chip Module Market by Country, 2024 - 2031, USD Million
TABLE 14 North America Other Technology Market by Country, 2020 - 2023, USD Million
TABLE 15 North America Other Technology Market by Country, 2024 - 2031, USD Million
TABLE 16 North America Machine Learning Chip Market by Chip Type, 2020 - 2023, USD Million
TABLE 17 North America Machine Learning Chip Market by Chip Type, 2024 - 2031, USD Million
TABLE 18 North America GPU Chip Market by Country, 2020 - 2023, USD Million
TABLE 19 North America GPU Chip Market by Country, 2024 - 2031, USD Million
TABLE 20 North America ASIC Chip Market by Country, 2020 - 2023, USD Million
TABLE 21 North America ASIC Chip Market by Country, 2024 - 2031, USD Million
TABLE 22 North America CPU Chip Market by Country, 2020 - 2023, USD Million
TABLE 23 North America CPU Chip Market by Country, 2024 - 2031, USD Million
TABLE 24 North America FPGA Chip Market by Country, 2020 - 2023, USD Million
TABLE 25 North America FPGA Chip Market by Country, 2024 - 2031, USD Million
TABLE 26 North America Flash-Based Chip Market by Country, 2020 - 2023, USD Million
TABLE 27 North America Flash-Based Chip Market by Country, 2024 - 2031, USD Million
TABLE 28 North America Neuromorphic Chip Market by Country, 2020 - 2023, USD Million
TABLE 29 North America Neuromorphic Chip Market by Country, 2024 - 2031, USD Million
TABLE 30 North America Others Market by Country, 2020 - 2023, USD Million
TABLE 31 North America Others Market by Country, 2024 - 2031, USD Million
TABLE 32 North America Machine Learning Chip Market by Industry Vertical, 2020 - 2023, USD Million
TABLE 33 North America Machine Learning Chip Market by Industry Vertical, 2024 - 2031, USD Million
TABLE 34 North America IT & Telecom Market by Country, 2020 - 2023, USD Million
TABLE 35 North America IT & Telecom Market by Country, 2024 - 2031, USD Million
TABLE 36 North America Consumer Electronics Market by Country, 2020 - 2023, USD Million
TABLE 37 North America Consumer Electronics Market by Country, 2024 - 2031, USD Million
TABLE 38 North America BFSI Market by Country, 2020 - 2023, USD Million
TABLE 39 North America BFSI Market by Country, 2024 - 2031, USD Million
TABLE 40 North America Retail Market by Country, 2020 - 2023, USD Million
TABLE 41 North America Retail Market by Country, 2024 - 2031, USD Million
TABLE 42 North America Automotive Market by Country, 2020 - 2023, USD Million
TABLE 43 North America Automotive Market by Country, 2024 - 2031, USD Million
TABLE 44 North America Healthcare Market by Country, 2020 - 2023, USD Million
TABLE 45 North America Healthcare Market by Country, 2024 - 2031, USD Million
TABLE 46 North America Media & Advertising Market by Country, 2020 - 2023, USD Million
TABLE 47 North America Media & Advertising Market by Country, 2024 - 2031, USD Million
TABLE 48 North America Robotics Industry Market by Country, 2020 - 2023, USD Million
TABLE 49 North America Robotics Industry Market by Country, 2024 - 2031, USD Million
TABLE 50 North America Others Market by Country, 2020 - 2023, USD Million
TABLE 51 North America Others Market by Country, 2024 - 2031, USD Million
TABLE 52 North America Machine Learning Chip Market by Country, 2020 - 2023, USD Million
TABLE 53 North America Machine Learning Chip Market by Country, 2024 - 2031, USD Million
TABLE 54 US Machine Learning Chip Market, 2020 - 2023, USD Million
TABLE 55 US Machine Learning Chip Market, 2024 - 2031, USD Million
TABLE 56 US Machine Learning Chip Market by Technology, 2020 - 2023, USD Million
TABLE 57 US Machine Learning Chip Market by Technology, 2024 - 2031, USD Million
TABLE 58 US Machine Learning Chip Market by Chip Type, 2020 - 2023, USD Million
TABLE 59 US Machine Learning Chip Market by Chip Type, 2024 - 2031, USD Million
TABLE 60 US Machine Learning Chip Market by Industry Vertical, 2020 - 2023, USD Million
TABLE 61 US Machine Learning Chip Market by Industry Vertical, 2024 - 2031, USD Million
TABLE 62 Canada Machine Learning Chip Market, 2020 - 2023, USD Million
TABLE 63 Canada Machine Learning Chip Market, 2024 - 2031, USD Million
TABLE 64 Canada Machine Learning Chip Market by Technology, 2020 - 2023, USD Million
TABLE 65 Canada Machine Learning Chip Market by Technology, 2024 - 2031, USD Million
TABLE 66 Canada Machine Learning Chip Market by Chip Type, 2020 - 2023, USD Million
TABLE 67 Canada Machine Learning Chip Market by Chip Type, 2024 - 2031, USD Million
TABLE 68 Canada Machine Learning Chip Market by Industry Vertical, 2020 - 2023, USD Million
TABLE 69 Canada Machine Learning Chip Market by Industry Vertical, 2024 - 2031, USD Million
TABLE 70 Mexico Machine Learning Chip Market, 2020 - 2023, USD Million
TABLE 71 Mexico Machine Learning Chip Market, 2024 - 2031, USD Million
TABLE 72 Mexico Machine Learning Chip Market by Technology, 2020 - 2023, USD Million
TABLE 73 Mexico Machine Learning Chip Market by Technology, 2024 - 2031, USD Million
TABLE 74 Mexico Machine Learning Chip Market by Chip Type, 2020 - 2023, USD Million
TABLE 75 Mexico Machine Learning Chip Market by Chip Type, 2024 - 2031, USD Million
TABLE 76 Mexico Machine Learning Chip Market by Industry Vertical, 2020 - 2023, USD Million
TABLE 77 Mexico Machine Learning Chip Market by Industry Vertical, 2024 - 2031, USD Million
TABLE 78 Rest of North America Machine Learning Chip Market, 2020 - 2023, USD Million
TABLE 79 Rest of North America Machine Learning Chip Market, 2024 - 2031, USD Million
TABLE 80 Rest of North America Machine Learning Chip Market by Technology, 2020 - 2023, USD Million
TABLE 81 Rest of North America Machine Learning Chip Market by Technology, 2024 - 2031, USD Million
TABLE 82 Rest of North America Machine Learning Chip Market by Chip Type, 2020 - 2023, USD Million
TABLE 83 Rest of North America Machine Learning Chip Market by Chip Type, 2024 - 2031, USD Million
TABLE 84 Rest of North America Machine Learning Chip Market by Industry Vertical, 2020 - 2023, USD Million
TABLE 85 Rest of North America Machine Learning Chip Market by Industry Vertical, 2024 - 2031, USD Million
TABLE 86 Key information – Advanced Micro Devices, Inc.
TABLE 87 Key Information – Samsung Electronics Co., Ltd.
TABLE 88 Key Information – NXP Semiconductors N.V.
TABLE 89 Key Information – Qualcomm Incorporated
TABLE 90 Key Information – NVIDIA Corporation
TABLE 91 Key Information – Intel Corporation
TABLE 92 Key Information – Infineon Technologies AG
TABLE 93 Key Information – IBM Corporation
TABLE 94 Key Information – Amazon Web Services, Inc.
TABLE 95 Key Information – Cerebras Systems Inc.

List of Figures
FIG 1 Methodology for the research
FIG 2 North America Machine Learning Chip Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Machine Learning Chip Market
FIG 4 KBV Cardinal Matrix
FIG 5 Market Share Analysis, 2023
FIG 6 Key Leading Strategies: Percentage Distribution (2020-2024)
FIG 7 Key Strategic Move: (Product Launches and Product Expansions: 2021, Jun – 2024, Oct) Leading Players
FIG 8 Porter’s Five Forces Analysis – Machine Learning Chip Market
FIG 9 North America Machine Learning Chip Market share by Technology, 2023
FIG 10 North America Machine Learning Chip Market share by Technology, 2031
FIG 11 North America Machine Learning Chip Market by Technology, 2020 - 2031, USD Million
FIG 12 North America Machine Learning Chip Market share by Chip Type, 2023
FIG 13 North America Machine Learning Chip Market share by Chip Type, 2031
FIG 14 North America Machine Learning Chip Market by Chip Type, 2020 - 2031, USD Million
FIG 15 North America Machine Learning Chip Market share by Industry Vertical, 2023
FIG 16 North America Machine Learning Chip Market share by Industry Vertical, 2031
FIG 17 North America Machine Learning Chip Market by Industry Vertical, 2020 - 2031, USD Million
FIG 18 North America Machine Learning Chip Market share by Country, 2023
FIG 19 North America Machine Learning Chip Market share by Country, 2031
FIG 20 North America Machine Learning Chip Market by Country, 2020 - 2031, USD Million
FIG 21 Recent strategies and developments: Advanced Micro Devices, Inc.
FIG 22 SWOT Analysis: Advanced Micro Devices, Inc.
FIG 23 Recent strategies and developments: Samsung Electronics Co., Ltd.
FIG 24 SWOT Analysis: Samsung Electronics Co., Ltd
FIG 25 Recent strategies and developments: NXP Semiconductors N.V.
FIG 26 SWOT Analysis: NXP Semiconductors N.V.
FIG 27 SWOT Analysis: QUALCOMM Incorporated
FIG 28 SWOT Analysis: NVIDIA Corporation
FIG 29 Recent strategies and developments: Intel Corporation
FIG 30 SWOT Analysis: Intel corporation
FIG 31 SWOT Analysis: Infineon Technologies AG
FIG 32 SWOT Analysis: IBM Corporation
FIG 33 SWOT Analysis: Amazon Web Services, Inc.

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