Edge Artificial Intelligence (AI) software market size to grow from US$ 355 Million in 2021 to US$ 1,858 Million by 2027, at a Compound Annual Growth Rate (CAGR) of 27% during the forecast period, 2022–2027.
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.
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
Edge AI Market, By Processors
Edge AI Market, By End-User Industry
Edge AI Market, By Power Consumption
Edge AI Market, By Process
Edge AI Market, By Region
Edge AI Market, By Company
The report covers:
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.
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1. Introduction
1.1 Key Insights
1.2 Report Overview
1.3 Markets Covered
1.4 Stakeholders
2. Research Methodology
2.1 Research Scope
2.2 Market Research Process
2.3 Research Data Analysis
2.4.1 Secondary Research
2.4.2 Primary Research
2.4.3 Models for Estimation
2.5 Market Size Estimation
2.5.1 Bottom-Up Approach – Segmental Market Analysis
2.5.2 Top-Down Approach – Parent Market Analysis
3. Executive Summary
4. Market Overview
4.1 Introduction
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Challenges
4.2 Porter’s Five Force Analysis
5. Edge AI Market, By Device
5.1 Introduction
5.2 Smartphones
5.2.1 Market Overview
5.2.2 Market Size and Forecast
5.3 Cameras
5.3.1 Market Overview
5.3.2 Market Size and Forecast
5.4 Robots
5.4.1 Market Overview
5.4.2 Market Size and Forecast
5.5 Wearables
5.5.1 Market Overview
5.5.2 Market Size and Forecast
5.6 Smart Speaker
5.6.1 Market Overview
5.6.2 Market Size and Forecast
5.7 Automotive
5.7.1 Market Overview
5.7.2 Market Size and Forecast
5.8 Smart Mirror
5.8.1 Market Overview
5.8.2 Market Size and Forecast
6. Edge AI Market, By Processors
6.1 Introduction
6.2 CPU
6.2.1 Market Overview
6.2.2 Market Size and Forecast
6.3 GPU
6.3.1 Market Overview
6.3.2 Market Size and Forecast
6.4 Asic
6.4.1 Market Overview
6.4.2 Market Size and Forecast
6.5 Others
6.5.1 Market Overview
6.5.2 Market Size and Forecast
7. Edge AI Market, By End-User Industry
7.1 Introduction
7.2 Consumer Electronics
7.2.1 Market Overview
7.2.2 Market Size and Forecast
7.3 Smart Home
7.3.1 Market Overview
7.3.2 Market Size and Forecast
7.4 Automotive & Transportation
7.4.1 Market Overview
7.4.2 Market Size and Forecast
7.5 Government
7.5.1 Market Overview
7.5.2 Market Size and Forecast
7.6 Healthcare
7.6.1 Market Overview
7.6.2 Market Size and Forecast
7.7 Government
7.7.1 Market Overview
7.7.2 Market Size and Forecast
7.8 Industrial
7.8.1 Market Overview
7.8.2 Market Size and Forecast
7.9 Aerospace & Defense
7.9.1 Market Overview
7.9.2 Market Size and Forecast
7.10 Construction
7.10.1 Market Overview
7.10.2 Market Size and Forecast
7.11 Other
7.11.1 Market Overview
7.11.2 Market Size and Forecast
8. Edge AI Market, By Power Consumption
8.1 Introduction
8.2 Less Than 1 W
8.2.1 Market Overview
8.2.2 Market Size and Forecast
8.3 1–3 W
8.3.1 Market Overview
8.3.2 Market Size and Forecast
8.4 3–5 W
8.4.1 Market Overview
8.4.2 Market Size and Forecast
8.5 5–10 W
8.5.1 Market Overview
8.5.2 Market Size and Forecast
8.6 More Than 10 W
8.6.1 Market Overview
8.6.2 Market Size and Forecast
9. Edge AI Market, By Process
9.1 Introduction
9.2 Training
9.2.1 Market Overview
9.2.2 Market Size and Forecast
9.3 Inference
9.3.1 Market Overview
9.3.2 Market Size and Forecast
10. Edge AI Market, By Geography
10.1 Introduction
10.2 North America
10.2.1 North America Edge AI, By Device
10.2.2 North America Edge AI, By Processors
10.2.3 North America Edge AI, By End-User Industry
10.2.4 North America Edge AI, By Power Consumption
10.2.5 North America Edge AI, By Process
10.3 Europe
10.3.1 Europe Edge AI, By Device
10.3.2 Europe Edge AI, By Processors
10.3.3 Europe Edge AI, By End-User Industry
10.3.4 Europe Edge AI, By Power Consumption
10.3.5 Europe Edge AI, By Process
10.4 Asia-Pacific
10.4.1 Asia-Pacific Edge AI, By Device
10.4.2 Asia-Pacific Edge AI, By Processors
10.4.3 Asia-Pacific Edge AI, By End-User Industry
10.4.4 Asia-Pacific Edge AI, By Power Consumption
10.4.5 Asia-Pacific Edge AI, By Process
10.5 Rest of the World
10.5.1 Rest of the World Edge AI, By Device
10.5.2 Rest of the World Edge AI, By Processors
10.5.3 Rest of the World Edge AI, By End-User Industry
10.5.4 Rest of the World Edge AI, By Power Consumption
10.5.5 Rest of the World Edge AI, By Process
11. Competitive Insights
11.1 Key Insights
11.2 Company Market Share Analysis
11.3 Strategic Outlook
11.3.1 Mergers & Acquisitions
11.3.2 New Product Development
11.3.3 Portfolio/Production Capacity Expansions
11.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
11.3.5 Others
12. Company Profiles
12.1 Intel Co
12.1.1 Company Overview
12.1.2 Product/Service Landscape
12.1.3 Financial Overview
12.1.4 Recent Developments
12.2 NVIDIA Co
12.2.1 Company Overview
12.2.2 Product/Service Landscape
12.2.3 Financial Overview
12.2.4 Recent Developments
12.3 Samsung Electronics
12.3.1 Company Overview
12.3.2 Product/Service Landscape
12.3.3 Financial Overview
12.3.4 Recent Developments
12.4 Apple
12.4.1 Company Overview
12.4.2 Product/Service Landscape
12.4.3 Financial Overview
12.4.4 Recent Developments
12.5 Microsoft
12.5.1 Company Overview
12.5.2 Product/Service Landscape
12.5.3 Financial Overview
12.5.4 Recent Developments
12.6 Huawei
12.6.1 Company Overview
12.6.2 Product/Service Landscape
12.6.3 Financial Overview
12.6.4 Recent Developments
12.7 Qualcomm
12.7.1 Company Overview
12.7.2 Product/Service Landscape
12.7.3 Financial Overview
12.7.4 Recent Developments
12.8 Micron Technology
12.8.1 Company Overview
12.8.2 Product/Service Landscape
12.8.3 Financial Overview
12.8.4 Recent Developments
12.9 ARM
12.9.1 Company Overview
12.9.2 Product/Service Landscape
12.9.3 Financial Overview
12.9.4 Recent Developments
12.10 Mediatek
12.10.1 Company Overview
12.10.2 Product/Service Landscape
12.10.3 Financial Overview
12.10.4 Recent Developments
The Edge AI Market has been segmented as below:
Edge AI Market, By Device
Edge AI Market, By Processors
Edge AI Market, By End-User Industry
Edge AI Market, By Power Consumption
Edge AI Market, By Process
Edge AI Market, By Region
Edge AI Market, By Company
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