Edge AI hardware Market 2021-2027

New Study Reports " Edge AI hardware Market 2021: Global Key Players, Trends, Share, Industry Size, Segmentation, Opportunities, Forecast To 2027" has been Added on MarketResearchFuture.

Report Overview

The report on the Edge AI hardware Market provided based on the recent developments and data that has been collated from the previous year’s looks to provide a thorough understanding. The market overview provided in the initial section looks to provide the reader with adequate information regarding the product and services. It focuses on the market definition along with the product applications and end-user industries. The report covers a period spanning from 2021 to 2027. Competitive analysis and prominent industry trends have been included in the in-depth study provided in the main section of the report.

Market Dynamics

Factors affecting the Edge AI hardware Market have been studied in a detailed fashion to give a better understanding regarding the current status and the prospects. The various economic and demographic factors that influence the market have been presented in the study. The impact of important markers such as pricing, demand and supply, and population levels have been studied in this report. The forecast regarding the Edge AI hardware Market extending up to the year 2027 has been provided based on the conclusions from the aforementioned factors.

The global edge AI hardware market registered a transaction of 532.4 million units in 2018 and is expected to reach 1,681.8 million units by the end of forecast period with a CAGR of 21.72%. Growth in Artificial Intelligence (AI) has created huge opportunities for semiconductor companies. Edge AI processing involves low latency which is an advantage and hence is contributing to growth of the market. Edge AI processing helps reducing the data travelling time so that companies can analyze data on real-time basis. AI hardware is the core enabler for various solutions such as facial recognition and virtual assistant managing homes.

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) and many others.

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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Segmentation

By component, the market is segmented into CPU, GPU, ASIC, and others. CPU is expected to dominate the Edge AI hardware market during the forecast period as it is the core processor for any edge AI hardware. ASIC segment is expected to grow at the highest CAGR during the forecast period.

By device, the market is segmented into smartphone, camera, robot, automobile, smart speaker, wearables, and smart mirror. The smartphones segment had the largest revenue share in the Edge AI hardware market in 2018 and is expected to continue its dominance throughout the forecast period. The camera segment is expected to grow at a significant CAGR during the forecast period.

By power consumption, the edge AI hardware market is segmented into less than 1 W, 1–3 W, 3–5 W, 5–10 W, and more than 10 W. By process, the edge AI hardware market is divided into training and inference.

By vertical, the market is segmented into consumer electronics, smart home, automotive & transportation, government, healthcare, aerospace & defense, construction, and others. The consumer electronics sector dominated the edge AI hardware market in 2018 and is expected to contribute a significant revenue share to the market during the forecast period. The smart home segment will grow at a significant CAGR during the forecast period.

Regional Analysis

The global market for edge AI hardware is estimated to grow at a significant rate during the forecast period from 2019 to 2024. The geographic analysis of edge AI hardware market has been conducted for North America, Europe, Asia-Pacific, and the rest of the world.

North America dominated the market in 2018 and is expected to dominate the edge AI hardware market throughout the forecast period. AI is largely being applied on consumer electronics and smart home applications. Furthermore, growth of smart city projects has led to the rapid adoption of this technology in the US and Canada. The market in Asia-Pacific is expected to register the highest CAGR during the forecast period. Countries such as China, South Korea, and Taiwan are some of the the largest manufacturers and exporters of semiconductor content which is creating immense opportunities for the growth of edge AI hardware market.

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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Major Key Points from Table of Content:

1 Executive Summary

2 Market Introduction

2.1 Definition 15

2.2 Scope Of The Study 15

2.3 Market Structure 15

2.4 List Of Assumptions 16

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

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