AI Computing Hardware Market Share

Statistics for the 2023 & 2024 AI Computing Hardware market share, created by Mordor Intelligence™ Industry Reports. AI Computing Hardware share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

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Market Share of AI Computing Hardware Industry

The AI computing hardware market is highly fragmented, and the major players have used various strategies, such as new product launches, agreements, joint ventures, partnerships, and acquisitions, to increase their footprints in this market. Key players are Cadence Design Systems Inc., Synopsys Inc., etc. Recent developments in the market include -

  • 2020 - Tenstorrent funded over USD 34 million for all-in-one computer system dubbed to Grayskull. Grayskull's architecture eliminates unnecessary computation to deliver a performance improvement on today's most-used AI models, allowing data scientists to train sophisticated AI without having to pay through the nose for cloud-hosted resources. The system features 120 of Tenstorrent's proprietary Tensix cores, each of which comprises a high-utilization packet processor, a single instruction multiple data (SIMD) processor, a dense math computational block and five reduced instruction set computer (RISC) cores.

AI Computing Hardware Market Leaders

  1. Cadence Design Systems, Inc.

  2. Synopsys, Inc.

  3. NXP Semiconductors N.V.

  4. CEVA, Inc.

  5. Allied Vision Technologies GmbH

*Disclaimer: Major Players sorted in no particular order

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AI Computing Hardware Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)