Market size of AI integrated circuits in China 2019-2023
In 2022, the size of the AI integrated circuit market amounted to around 85 billion yuan. According to the forecast, the market size was projected to reach almost 121 billion yuan by 2023. Artificial intelligence integrated circuits belong to the technical foundation of AI technology and they include GPUs, field programmable gate arrays (FPGA), and application-specific integrated circuit (ASIC). The latter accounted for the largest share of the AI integrated circuit market.