Edge AI Hardware Market 2021-2027

New Study Reports " Edge AI hardware Market 2021, Global Key Players Analysis, Share, Trends, Future Opportunities Forecasts 2027" has been Added on MarketResearchFuture.

Report Overview

This published report for the Edge AI Hardware Market analyzes and forecasts the marketing statistics of the product/service market on a global as well as the regional level. This detailed study Edge AI hardware Market also offers the previous historical data along with the forecast from 2021 to 2027. The assessment of the Edge AI hardware Market factors gives a brief overview of the impact on the demand over the forecast period. In addition to this, the report also studies the opportunities that are available in the report at the global level. An executive summary is also provided based on the industry snapshot for the period from 2021-2027. 

The edge AI hardware market size is expected to grow 1,681.8 million units with a CAGR rate of 21.72% in the forecast period. One of the major reasons for edge AI hardware market growth is the utilization of artificial intelligence. Rapid growth in the numbers of computers and services is one of the influencing factors in the Edge AI hardware market growth. Edge AI processing gives low latency, less time data analyzing advantage, and that’s why it is expected to grow more in the forecast period.

Edge AI hardware is a set of devices that are used to control and Power artificial intelligent-based devices and robots. To improve the processing of artificial intelligence devices, the Edge AI hardware is used. Edge AI hardware helps the artificial intelligence devices process the data in the devices themselves. The power of performing AI inference without having to transfer the data has created h huge demand for the edge AI hardware industry. With advanced technology, the uses of AI also increasing in devices and business. With the help of AI, industries can reduce their costs where accuracy is much required.

AI devices have created a huge demand in the last few years due to their constant connectivity with enhanced performance. Government organizations, industrial, real estate, automotive, transportation, healthcare, and manufacturing sectors using AI devices. The Edge AI hardware industry is expected to see huge growth with the adoption of advanced technology. AI devices provide great privacy and security services to companies, and they protect sensitive data with public cloud service providers. Edge AI handles the AI workflow in AI devices, and it reduces the data traveling time. This technology helps the companies to analyze the data in less time.

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. The other prominent companies in the edge AI hardware market 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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Market segmentation

The edge AI hardware market is segmented on the basis of component, device, process, Power consumption, and Vertical.

Edge AI hardware industry component segment includes CPU, GPU, ASIC, and others.  Among these, CPU is expected to dominate the edge AI hardware market in the forecast period.

The device segment of the edge AI hardware industry includes smartphones, robots, smart speakers, automobiles, cameras, and smart mirrors. The smartphone is currently dominating the edge AI hardware market, and it will dominate in the future also. 

The power consumption segment of the market is divided into less than 1 W, 1-3 W, 3-5 W, 5-10 W, and more than 10 W. By process, the market is segmented into training and inference.

By vertical, the market is divided into the smart home, government, healthcare, consumer electronics, construction, automotive & transportation, and others.

Regional overview

The major regions that are part of the edge AI hardware industry are Europe, North America, Asia Pacific, and other regions in the world. Currently, North America has the highest market size. The adoption of edge AI and AI devices in this region is boosting the edge AI hardware market size. The Asia Pacific is the fastest-growing region, and the AI hardware market size is expected to grow at the highest CAGR in the forecast period due to some of the largest manufacturers of semiconductors in this region. The adoption of artificial intelligence is growing in all the regions, and it will drive the edge AI hardware market growth.

Industry news

Just like other industries, covid-19 had affected the edge AI hardware market. Due to the lockdown all over the world, the production of products was at a halt. The edge AI hardware industry also went through the same. Less demand and supply impacted the edge AI hardware market trend. The key players are trying their best to grow the edge AI hardware market trend in this situation. After the covid-19, the edge AI hardware market trend is expected to grow more.

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

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Complete Report Details@  https://www.marketresearchfuture.com/reports/edge-ai-hardware-market-7836

Major Key Points from Table of Content:

1 Executive Summary

2 Market Introduction

3 Research Methodology

4 Market Dynamics

5 Global Edge AI Hardware Market, By Component

6 Global Edge AI Hardware Market, by Technology

7 Global Edge AI Hardware Market, by Application

8 Global Edge AI Hardware Market, By Industry

9 Global Edge AI Hardware Market, By Region

10 Competitive Landscape

And more

Continued...

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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