Global Artificial Intelligence for Edge Devices Sales Market Report 2024
Published on: 2024-01-04 | No of Pages : 400 | Industry : Latest Trends
Publisher : MRA | Format : PDF
Global Artificial Intelligence for Edge Devices Sales Market Report 2024
Market Analysis and InsightsGlobal Artificial Intelligence for Edge Devices Market
Artificial intelligence (AI) processing today is mostly done in a cloud-based data center. The majority of AI processing is dominated by training of deep learning models, which requires heavy compute capacity. Artificial intelligence for edge devices means that AI software algorithms are processed locally on a hardware device. The algorithms are using data (sensor data or signals) that are created on the device. A device using Edge AI software does not need to be connected in order to work properly, it can process data and take decisions independently without a connection. In this report, artificial intelligence for edge devices contains software tools, platforms, artificial intelligence chip.
Due to the COVID-19 pandemic, the global Artificial Intelligence for Edge Devices market size is estimated to be worth US$ 3121 million in 2023 and is forecast to a readjusted size of US$ 16840 million by 2033 with a CAGR of 26.9% during the forecast period 2023-2033. Fully considering the economic change by this health crisis, Hardware accounting for % of the Artificial Intelligence for Edge Devices global market in 2023, is projected to value US$ million by 2033, growing at a revised % CAGR from 2023 to 2033. While Automotive segment is altered to an % CAGR throughout this forecast period.
Global Artificial Intelligence for Edge Devices key players include Microsoft, Qualcomm, Intel, Google, Alibaba, etc. Global top five manufacturers hold a share over 50%.
North America is the largest market, with a share about 45%, followed by Europe and China, both have a share over 30 percent.
In terms of product, Hardware is the largest segment, with a share about 70%. And in terms of application, the largest application is Mobile Phones, followed by Smart Speakers.
Global Artificial Intelligence for Edge Devices Scope and Market Size
The global Artificial Intelligence for Edge Devices market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Artificial Intelligence for Edge Devices market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2018-2033.
Segment by Type
Hardware
Software
Automotive
Consumer and Enterprise Robotics
Drones
Head-Mounted Displays
Smart Speakers
Security Cameras
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
Microsoft
Qualcomm
Intel
Google
Alibaba
NVIDIA
Arm
Horizon Robotics
Baidu
Synopsys
Cambricon
MediaTek
Mythic
NXP
Artificial intelligence (AI) processing today is mostly done in a cloud-based data center. The majority of AI processing is dominated by training of deep learning models, which requires heavy compute capacity. Artificial intelligence for edge devices means that AI software algorithms are processed locally on a hardware device. The algorithms are using data (sensor data or signals) that are created on the device. A device using Edge AI software does not need to be connected in order to work properly, it can process data and take decisions independently without a connection. In this report, artificial intelligence for edge devices contains software tools, platforms, artificial intelligence chip.
Due to the COVID-19 pandemic, the global Artificial Intelligence for Edge Devices market size is estimated to be worth US$ 3121 million in 2023 and is forecast to a readjusted size of US$ 16840 million by 2033 with a CAGR of 26.9% during the forecast period 2023-2033. Fully considering the economic change by this health crisis, Hardware accounting for % of the Artificial Intelligence for Edge Devices global market in 2023, is projected to value US$ million by 2033, growing at a revised % CAGR from 2023 to 2033. While Automotive segment is altered to an % CAGR throughout this forecast period.
Global Artificial Intelligence for Edge Devices key players include Microsoft, Qualcomm, Intel, Google, Alibaba, etc. Global top five manufacturers hold a share over 50%.
North America is the largest market, with a share about 45%, followed by Europe and China, both have a share over 30 percent.
In terms of product, Hardware is the largest segment, with a share about 70%. And in terms of application, the largest application is Mobile Phones, followed by Smart Speakers.
Global Artificial Intelligence for Edge Devices Scope and Market Size
The global Artificial Intelligence for Edge Devices market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Artificial Intelligence for Edge Devices market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2018-2033.
Segment by Type
Hardware
Software
Segment by Application
Automotive
Consumer and Enterprise Robotics
Drones
Head-Mounted Displays
Smart Speakers
Security Cameras
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
Microsoft
Qualcomm
Intel
Alibaba
NVIDIA
Arm
Horizon Robotics
Baidu
Synopsys
Cambricon
MediaTek
Mythic
NXP
Electronic and Semiconductor
Food and Beverages
Chemicals and Materials
Consumer Goods
Construction Manufacturing
Aerospace and Defence
Energy and Power
ICT Media
Banking and Finance
Automotive and Transportation
Machinery and Equipments
Pharmaceutical and Healthcare
Medical Devices