Edge AI Market: Grow with a High CAGR- Global Industry Analysis, Key Manufacturers, Trends, Size, and Forecast: 2022-2031

Edge Artificial Intelligence (AI) software market size to grow from US$ 355 Million in 2018 to US$ 1,858 Million by 2025, at a Compound Annual Growth Rate (CAGR) of 27% during the forecast period, 2019–2025. The major growth drivers for the market include the increasing amount of enterprise workloads on the cloud and the rapid growth in the number of intelligent applications. Plus, growing demand for low latency and real-time processing on edge devices and emergence of AI coprocessors for edge computing. Further, underlying opportunities for the edge AI hardware market include growing demand for edge computing in IoT and dedicated AI processors for on-device image analytics. Major restraints for the market are restricted on-device training and limited range of AI specialists. Power consumption and size constraint create major challenges to the sting AI hardware market.

Market Insights

The global Edge AI market is segregated on the basis of Device as Smartphones, Cameras, Robots, Wearables, Smart Speaker, Automotive, and Smart Mirror. Based on Processors the global Edge AI market is segmented in CPU, GPU, Asic, and Others. Based on End-User Industry the global Edge AI market is segmented in Consumer Electronics, Smart Home, Automotive & Transportation, Government, Healthcare, Government, Industrial, Aerospace & Defense, Construction, and Other.

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Based on Power Consumption, the global Edge AI market is segmented in Less Than 1 W, 1–3 W, 3–5 W, 5–10 W, and More Than 10 W. The report also bifurcates the global Edge AI market based on Process in Training and Inference.

The global Edge AI market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Edge AI market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

Competitive Rivalry

Intel Co, NVIDIA Co, Samsung Electronics, Apple, Microsoft, Huawei, Qualcomm, Micron Technology, ARM, Mediatek, and others are among the major players in the global Edge AI market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.

The Edge AI Market has been segmented as below:

Edge AI Market, By Device

Smartphones
Cameras
Robots
Wearables
Smart Speaker
Automotive
Smart Mirror

Edge AI Market, By Processors

CPU
GPU
Asic
Others

Edge AI Market, By End-User Industry

Consumer Electronics
Smart Home
Automotive & Transportation
Government
Healthcare
Government
Industrial
Aerospace & Defense
Construction
Other

Edge AI Market, By Power Consumption

Less Than 1 W
1–3 W
3–5 W
5–10 W
More Than 10 W

Edge AI Market, By Process

Training
Inference

Edge AI Market, By Region

North America
Europe
Asia-Pacific
Rest of the World

Edge AI Market, By Company

Intel Co
NVIDIA Co
Samsung Electronics
Apple
Microsoft
Huawei
Qualcomm
Micron Technology
ARM
Mediatek

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The report covers:

Global Edge AI market sizes from 2016 to 2025, along with CAGR for 2019-2025
Market size comparison for 2017 vs 2025, with actual data for 2017, estimates for 2018 and forecast from 2019 to 2025
Global Edge AI market trends, covering comprehensive range of consumer trends & manufacturer trends
Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Edge AI market
Major market opportunities and challenges in forecast timeframe to be focused
Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
Comprehensive company profiles of the key industry players

Report Scope:

The global Edge AI market report scope includes detailed study covering underlying factors influencing the industry trends.

The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.

The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Edge AI market share. Major industry players with significant revenue share include Intel Co, NVIDIA Co, Samsung Electronics, Apple, Microsoft, Huawei, Qualcomm, Micron Technology, ARM, Mediatek, and others.

Reasons to Buy this Report:

Gain detailed insights on the Edge AI industry trends
Find complete analysis on the market status
Identify the Edge AI market opportunities and growth segments
Analyze competitive dynamics by evaluating business segments & product portfolios
Facilitate strategy planning and industry dynamics to enhance decision making

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