Global AI Accelerator Market Growth (Status and Outlook) 2024-2030

AI accelerator is a specialized hardware designed to optimize the processing of artificial intelligence tasks, particularly those involving machine learning, neural networks, and deep learning. AI accelerators have evolved into critical components in the fields of AI research and development, especially for handling massive parallel computations required for tasks like training and running AI models. Unlike general-purpose processors like CPUs, AI accelerators such as GPUs, TPUs, FPGAs, and ASICs are built to efficiently handle the complex mathematical operations that underpin AI algorithms. These accelerators significantly reduce the time it takes to train and deploy AI models, making them indispensable for industries ranging from autonomous vehicles to medical diagnostics, and from finance to natural language processing.

The global AI Accelerator market size is projected to grow from US$ 15770 million in 2024 to US$ 55820 million in 2030; it is expected to grow at a CAGR of 23.4% from 2024 to 2030.

LPI (LP Information)' newest research report, the “AI Accelerator Industry Forecast” looks at past sales and reviews total world AI Accelerator sales in 2022, providing a comprehensive analysis by region and market sector of projected AI Accelerator sales for 2023 through 2029. With AI Accelerator sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world AI Accelerator industry.

This Insight Report provides a comprehensive analysis of the global AI Accelerator landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on AI Accelerator portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global AI Accelerator market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for AI Accelerator and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global AI Accelerator.

The demand for AI accelerators is growing rapidly as industries increasingly incorporate AI into their operations. Leading companies such as NVIDIA, Google, Intel, AMD, and others have introduced specialized chips aimed at enhancing AI workloads' efficiency. The key advantage of AI accelerators is their ability to perform thousands of simultaneous computations, making them ideal for both training massive AI models and processing real-time inference in critical applications. In this context, AI accelerators are not just an enhancement to current computing systems; they are a fundamental shift in how processing power is delivered for AI-specific tasks.

In addition, the interconnection between AI accelerators is critical for handling large-scale AI workloads. These accelerators must communicate efficiently to distribute workloads across multiple units. Currently, technologies like PCIe and CXL (Compute Express Link) facilitate communication between processors and accelerators, but as workloads scale, faster, more specialized interconnects are needed.

Looking forward, one of the most anticipated developments is UALink (Ultra Accelerator Link), a new standard that promises to revolutionize how AI accelerators communicate within servers. UALink aims to create faster and more efficient communication between AI accelerator chips in servers, addressing the challenges of data transfer speed and latency in massive AI workloads. 
This report presents a comprehensive overview, market shares, and growth opportunities of AI Accelerator market by product type, application, key players and key regions and countries.

Segmentation by Type:
    Graphics Processing Unit (GPU)
    Vision Processing Unit (VPU)
    Others

Segmentation by Application:
    Robotics
    Consumer Electronics
    Security Systems
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

Segmentation by Type:
    Graphics Processing Unit (GPU)
    Vision Processing Unit (VPU)
    Others

Segmentation by Application:
    Robotics
    Consumer Electronics
    Security Systems
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Huawei
    Qualcomm
    Intel
    IBM
    Amazon Web Services
    NVIDIA
    AMD
    Achronix
    Google (Alphabet)
    Hailo
    Alibaba
    Groq
    MediaTek
    Microsoft
    Samsung

List of Tables
 Table 1. AI Accelerator Market Size CAGR by Region (2025-2030) ($ millions)
 Table 2. Major Players of Graphics Processing Unit (GPU)
 Table 3. Major Players of Vision Processing Unit (VPU)
 Table 4. Major Players of Others
 Table 5. Global Market Size by Type (2025-2030) ($ millions)
 Table 6. Global AI Accelerator Market Size Market Share by Type (2025-2030)
 Table 7. Global AI Accelerator Market Size by Application (2025-2030) ($ millions)
 Table 8. Global AI Accelerator Market Size Market Share by Application (2025-2030)
 Table 9. Date of Global Key Players Enter into AI Accelerator Market
 Table 10. Global Key Players AI Accelerator Product Offered
 Table 11. Key Players AI Accelerator Funding/Investment (Million USD)
 Table 12. Funding/Investment by Regions
 Table 13. Funding/Investment by End-Industry
 Table 14. Key Players AI Accelerator Valuation & Market Capitalization (Million USD)
 Table 15. Key Players Mergers & Acquisitions, Expansion Plans
 Table 16. AI Accelerator New Product/Technology Launches
 Table 17. AI Accelerator Industry Partnerships, Agreements, and Collaborations
 Table 18. AI Accelerator Industry Mergers and Acquisitions
 Table 19. Global AI Accelerator Market Size by Regions 2025-2030 ($ millions)
 Table 20. Global AI Accelerator Market Size Market Share by Regions 2025-2030
 Table 21. United States AI Accelerator Market Size by Type (2025-2030) ($ millions)
 Table 22. United States AI Accelerator Market Size Market Share by Type (2025-2030)
 Table 23. United States AI Accelerator Market Size by Application (2025-2030) ($ millions)
 Table 24. United States AI Accelerator Market Size Market Share by Application (2025-2030)
 Table 25. Europe AI Accelerator Market Size by Type (2025-2030) ($ millions)
 Table 26. Europe AI Accelerator Market Size Market Share by Type (2025-2030)
 Table 27. Europe AI Accelerator Market Size by Application (2025-2030) ($ millions)
 Table 28. Europe AI Accelerator Market Size Market Share by Application (2025-2030)
 Table 29. China AI Accelerator Market Size by Type (2025-2030) ($ millions)
 Table 30. China AI Accelerator Market Size Market Share by Type (2025-2030)
 Table 31. China AI Accelerator Market Size by Application (2025-2030) ($ millions)
 Table 32. China AI Accelerator Market Size Market Share by Application (2025-2030)
 Table 33. Rest of World AI Accelerator Market Size by Type (2025-2030) ($ millions)
 Table 34. Rest of World AI Accelerator Market Size Market Share by Type (2025-2030)
 Table 35. Rest of World AI Accelerator Market Size by Application (2025-2030) ($ millions)
 Table 36. Rest of World AI Accelerator Market Size Market Share by Application (2025-2030)
 Table 37. Key Market Drivers & Growth Opportunities of AI Accelerator
 Table 38. Key Market Challenges & Risks of AI Accelerator
 Table 39. Key Industry Trends of AI Accelerator
 Table 40. Company A Company Details
 Table 41. Companies Invested by Company A
 Table 42. Company A Key Development and Market Layout
 Table 43. Company B Company Details
 Table 44. Companies Invested by Company B
 Table 45. Company B Key Development and Market Layout
 Table 46. Company C Company Details
 Table 47. Companies Invested by Company C
 Table 48. Company C Key Development and Market Layout
 Table 49. Huawei Basic Information, Head Office, Major Market Areas and Its Competitors
 Table 50. Huawei AI Accelerator Market Size (2023 VS 2028)
 Table 51. Qualcomm Basic Information, Head Office, Major Market Areas and Its Competitors
 Table 52. Qualcomm AI Accelerator Market Size (2023 VS 2028)
 Table 53. Intel Basic Information, Head Office, Major Market Areas and Its Competitors
 Table 54. Intel AI Accelerator Market Size (2023 VS 2028)
 Table 55. IBM Basic Information, Head Office, Major Market Areas and Its Competitors
 Table 56. IBM AI Accelerator Market Size (2023 VS 2028)
 Table 57. Amazon Web Services Basic Information, Head Office, Major Market Areas and Its Competitors
 Table 58. Amazon Web Services AI Accelerator Market Size (2023 VS 2028)
 Table 59. NVIDIA Basic Information, Head Office, Major Market Areas and Its Competitors
 Table 60. NVIDIA AI Accelerator Market Size (2023 VS 2028)
 Table 61. AMD Basic Information, Head Office, Major Market Areas and Its Competitors
 Table 62. AMD AI Accelerator Market Size (2023 VS 2028)
 Table 63. Achronix Basic Information, Head Office, Major Market Areas and Its Competitors
 Table 64. Achronix AI Accelerator Market Size (2023 VS 2028)
 Table 65. Google (Alphabet) Basic Information, Head Office, Major Market Areas and Its Competitors
 Table 66. Google (Alphabet) AI Accelerator Market Size (2023 VS 2028)
 Table 67. Hailo Basic Information, Head Office, Major Market Areas and Its Competitors
 Table 68. Hailo AI Accelerator Market Size (2023 VS 2028)


List of Figures
 Figure 1. Picture of AI Accelerator
 Figure 2. AI Accelerator Report Years Considered
 Figure 3. Research Objectives
 Figure 4. Research Methodology
 Figure 5. Research Process and Data Source
 Figure 6. Global AI Accelerator Market Size Growth Rate 2025-2030 ($ millions)
 Figure 7. AI Accelerator Market Size by Region (2024 & 2030) ($ millions)
 Figure 8. Global AI Accelerator Market Size Market Share by Type (2025-2030)
 Figure 9. Global Graphics Processing Unit (GPU) Market Size Growth Rate
 Figure 10. Global Vision Processing Unit (VPU) Market Size Growth Rate
 Figure 11. AI Accelerator in Robotics
 Figure 12. Global AI Accelerator Market: Robotics (2025-2030) ($ millions)
 Figure 13. AI Accelerator in Consumer Electronics
 Figure 14. Global AI Accelerator Market: Consumer Electronics (2025-2030) ($ millions)
 Figure 15. AI Accelerator in Security Systems
 Figure 16. Global AI Accelerator Market: Security Systems (2025-2030) ($ millions)
 Figure 17. AI Accelerator in Others
 Figure 18. Global AI Accelerator Market: Others (2025-2030) ($ millions)
 Figure 19. Global AI Accelerator Market Size Market Share by Application (2025-2030)
 Figure 20. Global AI Accelerator Market Size in Robotics Growth Rate
 Figure 21. Global AI Accelerator Market Size in Consumer Electronics Growth Rate
 Figure 22. Funding/Investment
 Figure 23. Global AI Accelerator Market Size Market Share by Regions 2025-2030
 Figure 24. United States AI Accelerator Market Size 2025-2030 ($ millions)
 Figure 25. China AI Accelerator Market Size 2025-2030 ($ millions)
 Figure 26. Europe AI Accelerator Market Size 2025-2030 ($ millions)
 Figure 27. Rest of World AI Accelerator Market Size 2025-2030 ($ millions)
 Figure 28. United States AI Accelerator Consumption Market Share by Type in 2028
 Figure 29. United States AI Accelerator Market Size Market Share by Application in 2028
 Figure 30. Europe AI Accelerator Consumption Market Share by Type in 2028
 Figure 31. Europe AI Accelerator Market Size Market Share by Application in 2028
 Figure 32. China AI Accelerator Consumption Market Share by Type in 2028
 Figure 33. China AI Accelerator Market Size Market Share by Application in 2028
 Figure 34. Rest of World AI Accelerator Consumption Market Share by Type in 2028
 Figure 35. Rest of World AI Accelerator Market Size Market Share by Application in 2028

Huawei
Qualcomm
Intel
IBM
Amazon Web Services
NVIDIA
AMD
Achronix
Google (Alphabet)
Hailo
Alibaba
Groq
MediaTek
Microsoft
Samsung

LP Information presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

• Primary Source
  Players/Suppliers
  Industry Experts
  Distributors/Traders
  Opinion Leaders
  Front-line Staff
  Marketing Executives

  Secondary Source
  Journals and Periodicals
  Government Bodies
  Annual Reports
  Presentations
  Paid Databases
  LPI Internal Repository

• Data Synthesis
  Information Gathering
  Collation of Data
  Estimation of Key Figures
  Analysis of Derived Insights

  Data Validation
  Triangulation with Data Models
  Reference Against Proprietary
  Databases
  Corroboration with Industry Experts

• Qualitative Analysis
  Market drivers
  Market challenges
  Market trends
  Five forces analysis

  Qualitative Analysis
  Market size and forecast
  Market segmentation
  Geographical insights
  Competitive landscape