Edge AI hardware Market size 2021-2027

Author : Bhushan Dhumal | Published On : 11 May 2021

Edge AI hardware Market size 2021-2027

New Study Reports "Edge AI hardware Market size 2021 Global Sizing and Growth, Dynamics, Competitive Landscape, SWOT Analysis and Forecasts 2027" has been Added on MarketResearchFuture.

Market Overview

In the past few years, The primary focus of the report is on the status, demand, future opportunity, forecast period, and growth opportunity. Moreover, the survey report focuses on the development, manufacturing companies, key market, investors, and the cost capital. The objective of the study of the Edge AI hardware Market size gives a proper idea of the market present scenario so that each and every enterprise or manufacturer will not experience the issues that occur due to the lack of information.  

The study objectives of this report are continuously involved in the research of the profile of key players that are established in recent times to keep the record updated. To keep the growth rate very smooth and stable, the research team carefully go through the manufacturing company’s strategy & planning of development and then analyze them for growth opportunity.

The professional study and research report consider the growth that is estimated according to the market size every year.

This report also analyzes the impact of Coronavirus COVID-19 on the Edge AI Hardware industry.

The global Edge AI hardware Market size registered a transaction of 532.4 million units in 2018 and is expected to reach 1,681.8 million units by the end of forecast period with a CAGR of 21.72%. Growth in Artificial Intelligence (AI) has created huge opportunities for semiconductor companies. Edge AI processing involves low latency which is an advantage and hence is contributing to growth of the market. Edge AI processing helps reducing the data travelling time so that companies can analyze data on real-time basis. AI hardware is the core enabler for various solutions such as facial recognition and virtual assistant managing homes.

Key Players

The report has profiled some of the Important players prevalent in the global like – Intel Corporation (US), Samsung Electronics Co., Ltd. (South Korea), Google Inc. (US), NVIDIA Corporation (US), Qualcomm (US), MediaTek Inc. (Taiwan), Xilinx Inc. (US), and Microsoft Corporation (US). These players contribute a major share in the growth of Edge AI hardware Market size. The other prominent companies in the Edge AI hardware Market size include Huawei Technologies Co., Ltd. (China), Imagination Technologies Limited (UK), and Cambricon Technologies (China) among others and more.

This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Edge AI Hardware.

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Segmentation

By component, the market is segmented into CPU, GPU, ASIC, and others. CPU is expected to dominate the Edge AI hardware Market size during the forecast period as it is the core processor for any edge AI hardware. ASIC segment is expected to grow at the highest CAGR during the forecast period.

By device, the market is segmented into smartphone, camera, robot, automobile, smart speaker, wearables, and smart mirror. The smartphones segment had the largest revenue share in the Edge AI hardware Market size in 2018 and is expected to continue its dominance throughout the forecast period. The camera segment is expected to grow at a significant CAGR during the forecast period.

By power consumption, the Edge AI hardware Market size is segmented into less than 1 W, 1–3 W, 3–5 W, 5–10 W, and more than 10 W. By process, the Edge AI hardware Market size is divided into training and inference.

By vertical, the market is segmented into consumer electronics, smart home, automotive & transportation, government, healthcare, aerospace & defense, construction, and others. The consumer electronics sector dominated the Edge AI hardware Market size in 2018 and is expected to contribute a significant revenue share to the market during the forecast period. The smart home segment will grow at a significant CAGR during the forecast period.

Regional Analysis

The global market for edge AI hardware is estimated to grow at a significant rate during the forecast period from 2019 to 2024. The geographic analysis of Edge AI hardware Market size has been conducted for North America, Europe, Asia-Pacific, and the rest of the world.

North America dominated the market in 2018 and is expected to dominate the Edge AI hardware Market size throughout the forecast period. AI is largely being applied on consumer electronics and smart home applications. Furthermore, growth of smart city projects has led to the rapid adoption of this technology in the US and Canada. The market in Asia-Pacific is expected to register the highest CAGR during the forecast period. Countries such as China, South Korea, and Taiwan are some of the the largest manufacturers and exporters of semiconductor content which is creating immense opportunities for the growth of Edge AI hardware Market size.

Key Stakeholders 
Edge AI hardware Market size Manufacturers 
Edge AI hardware Market size Distributors/Traders/Wholesalers 
Edge AI hardware Market size Subcomponent Manufacturers 
Industry Association 
Downstream Vendors

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Our team is studying Covid-19 and its impact on various industry verticals and wherever required we will be considering Covid-19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.

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