Edge AI Market is projected to grow at a CAGR of 20.1% through 2029 and is currently valued at US$ 14.54 Bn in 2022. The Edge AI Market is expected to become $54.38 Bn by 2029.
Edge AI Market Report Overview:
Maximize Market Research, a leading market research and consulting firm, has released a comprehensive report offering valuable insights into the Edge AI market. This report encompasses a detailed analysis of top players, market size, share, key drivers, challenges, opportunities, competitive landscape, market attractiveness, new product launches, technological innovations, and growth contributors. The insights provided aim to facilitate a thorough understanding of the dynamic landscape of the Edge AI market.
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Edge AI Market Report Scope:
The report’s scope is extensive, covering both qualitative and quantitative data. Data is gathered through primary research resources, free and paid databases, surveys, Google forms, and more. The collected information undergoes meticulous analysis using tools such as SWOT and PESTLE analysis, providing a robust comprehension of the Edge AI market.
Edge AI Market Research Methodology:
Maximize Market Research employs a rigorous research methodology that combines qualitative and quantitative data analysis. The use of primary research resources, coupled with cutting-edge tools like SWOT and PESTLE analysis, ensures a comprehensive and accurate understanding of the Edge AI market.
Edge AI Market Regional Insights:
A key highlight of the report is the in-depth regional analysis, offering a precise examination of market trends, competitive landscapes, consumer behavior, and regulatory environments in each region. This regional perspective provides stakeholders with crucial insights into the nuances of the Edge AI market across different geographical areas.
Edge AI Market Segmentation:
By Component: Hardware, software, Edge Cloud Infrastructure, and services are the components that can be used to segment the Edge AI market. By dividing the market according to these factors, it is possible to concentrate on analyzing the essential factors that influence the operation and performance of edge devices, enabling customized solutions for particular requirements.
Memory include RAM, ROM, and NVM choices, whilst hardware processors include CPUs, GPUs, FPGAs, and ASICs. Sensors, which can include temperature sensors, microphones, and cameras, gather information from their surroundings. Additional parts include input/output interfaces, specific hardware accelerators, connectivity modules, and power management units.
By Application: The Edge AI market can be divided into submarkets according to the various uses it has, such as energy management, video surveillance, access control, autonomous cars, and other diversified industries. Edge AI is used by video surveillance apps to provide improved security and real-time video analysis. Edge AI is used by access management to provide secure authentication and access control systems. For onboard processing and decision-making in navigation and collision avoidance, autonomous cars depend on Edge AI. Edge AI is utilized in energy management to optimize energy consumption and facilitate smart grid management. Furthermore, Edge AI finds use in a number of industries, including manufacturing, retail, healthcare, and agriculture. By breaking the market down into segments according to applications, industry-specific strategies and focused solutions may be implemented to satisfy the unique needs of each segment.
Edge AI Market Size and Forecast, by Component (2022-2029)
1. Hardware
2. Software
3. Edge Cloud Infrastructure
4. Services
Edge AI Market Size and Forecast, by Application (2022-2029)
1. Video Surveillance
2. Access Management
3. Autonomous Vehicles
4. Energy Management
5. Others
Edge AI Market Size and Forecast, by Device type (2022-2029)
3. Smartphones
3. Cameras
3. Robots
4. Wearables
5. Smart speakers
6. Surveillance Cameras
7. Edge Servers
8. Smart Mirrors
Edge AI Market Size and Forecast, by Data Sources (2022-2029)
1. Mobile Data
2. Sensor Data
3. Biometric Data
4. Speech, Video and Image Recognition
Edge AI Market Size and Forecast, by Industry (2022-2029)
1. Automotive
2. Manufacturing
3. Healthcare
4. Energy and Utility
5. Consumer Goods
6. IT & Telecom
7. Others (Retail)
Edge AI Market Size and Forecast, by Region (2022-2029)
1. North America
2. Europe
3. Asia Pacific
4. Middle East and Africa
5. South America
𝗚𝗲𝘁 𝘁𝗵𝗲 𝗣𝗗𝗙 𝗦𝗮𝗺𝗽𝗹𝗲 𝗖𝗼𝗽𝘆 𝗼𝗳 𝘁𝗵𝗶𝘀 𝗿𝗲𝗽𝗼𝗿𝘁
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Edge AI Market Key Players:
Key questions addressed in the report include the Edge AI market size of the dominating region, the Edge AI market size in 2022, the expected Edge AI market size by 2029, and the growth rate of the Edge AI market. Additionally, the report identifies key factors anticipated to drive market growth.
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:
16. IBM Corporation (United States, but major presence in Europe)
17. Accenture PLC (Ireland)
18. Siemens AG (Germany)
19. SAP SE (Germany)
Asia Pacific:
20. Huawei Technologies Co., Ltd. (China)
21. Samsung Electronics Co., Ltd. (South Korea)
22. MediaTek Inc. (Taiwan)
23. Baidu, Inc. (China)
24. Fujitsu Limited (Japan)
25. NEC Corporation (Japan)
𝗚𝗲𝘁 𝘁𝗵𝗲 𝗣𝗗𝗙 𝗦𝗮𝗺𝗽𝗹𝗲 𝗖𝗼𝗽𝘆 𝗼𝗳 𝘁𝗵𝗶𝘀 𝗿𝗲𝗽𝗼𝗿𝘁
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Key questions answered in Edge AI Market are:
Key Offerings:
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