Edge AI Market size was valued at USD 17.46 Billion in 2023 and the total Edge AI revenue is expected to grow at a CAGR of 20.1% from 2024 to 2030, reaching nearly USD 62.93 Billion by 2030.
Edge AI Market Overview:
This research paper categorizes the Edge AI market to forecast revenues and examine trends in each of the sub-markets listed below.
The Competition Strategic Window examines the competitive environment in terms of markets, applications, and regions to assist the vendor in defining an alignment or fit between their strengths and future growth potential. It describes the best or most advantageous fit for vendors to pursue consecutive merger and acquisition strategies, geographic expansion, research and development, and new product introduction methods in order to execute future business expansion and growth throughout a projection time.
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Market Scope:
The report on the Edge AI Market equips readers with a more in-depth understanding of the market and competitive landscape, allowing them to make better decisions related to market growth and expansion. The report’s features include an overview of participants, revenue results, capital investment, and Edge AI market growth rates.
Segmentation:
By Component
Hardware
Software
Edge Cloud Infrastructure Services
By Application
Video Surveillance
Access Management
Autonomous Vehicles
Energy Management
Others
By Device type
Smartphones
Cameras
Robots
Wearables
Smart speakers
Surveillance Cameras
Edge Servers
Smart Mirrors
Others
By Industry
Automotive
Manufacturing
Healthcare
Energy and Utility
Consumer Goods
IT & Telecom
Others (Retail)
Key Players:
North America:
1. Apple Inc. (United States)
2. Oracle Corporation (United States)
3. General Electric Company (GE) (United States)
4. Honeywell International Inc. (United States)
5. NVIDIA Corporation (United States)
6. Intel Corporation (United States)
7. Microsoft Corporation (United States)
8. Google LLC (United States)
9. Advanced Micro Devices, Inc. (AMD) (United States)
10. Xilinx, Inc. (United States)
11. Cisco Systems, Inc. (United States)
12. Dell Technologies Inc. (United States)
13. Hewlett Packard Enterprise (HPE) (United States)
14. Amazon Web Services (AWS) (United States)
15. Advanced Micro Devices, Inc. (AMD) (United States)
Europe:
1. IBM Corporation (United States, but major presence in Europe)
2. Accenture PLC (Ireland)
3. Siemens AG (Germany)
4. SAP SE (Germany)
Asia Pacific:
1. Huawei Technologies Co., Ltd. (China)
2. Samsung Electronics Co., Ltd. (South Korea)
3. MediaTek Inc. (Taiwan)
4. Baidu, Inc. (China)
5. Fujitsu Limited (Japan)
6. NEC Corporation (Japan)
Regional Analysis:
The Edge AI market forecast report is prepared after analyzing several geographical regions such as Asia-Pacific, Europe, North America, and the remaining parts of the world. The North American region has the most control over the Edge AI market share and will remain as a leading shareholder in the Edge AI market.
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Key Questions Answered in the Edge AI Market Report are:
Which application segment is expected to come out as the leading segment in the Edge AI market?
Which are the key players in the Edge AI market?
What key trends are likely to emerge in the Edge AI market in the coming years?
What will be the Edge AI market by 2030?
Which company held the largest share in the Edge AI market in 2023?
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