Edge AI Hardware Market Booming at a CAGR of 12.05% to Estimated $327.53 Billion Growth by 2026 with top Key players like Microsoft, Huawei,Apple


Posted September 18, 2019 by onkarDbmr08

Edge AI hardware are the various devices and equipments that are used to power and process the various AI based robots and devices.

 
Definition:
Edge AI hardware are the various devices and equipments that are used to power and process the various AI based robots and devices. These hardware products inclusive of processors, sensors, cameras, etc. are used to integrate and improve the processing of these AI devices by processing the data in the device itself without the need for cloud systems or cloud computing.

Analysis of Global Edge AI Hardware Market report:
Global Edge AI Hardware Market is expected to rise from its initial estimated value of 513.01 million units in 2018 to an estimated value of 2245.87 million units by 2026, registering a CAGR of 20.27% in the forecast period of 2019-2026. This rise in market value can be attributed to the growth in demand of edge computing products and services due to the significant prevalence of IoT in the industries.

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Market Drivers:
·       Growth in demand for faster and efficient edge hardware devices that require lower processing time in AI applications; this factor is expected to act as a driver for the market growth
·       Reduced costing and innovations in products available in the market is expected to drive the market growth

Market Restraints:
·       Lack or dearth of professionals that are skilled or knowledgeable enough on AI and edge computing; this factor is expected to restrain the market growth
·        Lack of training or skills for the operations of devices and equipments’ integration in various AI devices; this factor is expected to restrain the market growth

Leading Key players profiled in this report are:
Few of the major competitors currently working in edge AI hardware market are videantis GmbH; Qualcomm Technologies, Inc.; NVIDIA Corporation; Premier Farnell Limited; Micron Technology, Inc.; Alphabet Inc.; SecureRF Corporation; Microsoft; Xilinx Inc.; Intel Corporation; Huawei Technologies Co., Ltd.; SAMSUNG; Apple Inc.; Arm Limited; MediaTek Inc.; Applied Brain Research, Inc.; Horizon Robotics; Cadence Design Systems, Inc.; CEVA, Inc.; Imagination Technologies Limited; Synopsys, Inc.; Thinci; General Vision; Mythic; Adapteva, Inc.; Tenstorrent Inc and VeriSilicon Limited.

Global Edge AI Hardware Market Segmentation:
By Device
·        Smartphones
·        Cameras
·        Robots
·        Wearables
·        Smart Speaker
·        Automotive
·        Smart Mirror
By Processors
·        Central Processing Unit (CPU)
·        Graphics Processing Unit (GPU)
·        Application-Specific Integrated Circuit (ASIC)
·        Others
By Power Consumption
·        Less than 1W
·        1-3W
·        3-5W
·        5-10W
·        More than 10W
By Process
·        Training
·        Inference
By End-User Industry
·        Consumer Electronics
·        Smart Home
·        Automotive & Transportation
·        Government
·        Healthcare
·        Industrial
·        Aerospace & Defense
·        Construction
·        Others
By Geography
·        North America
·        South America
·        Europe
·        Asia-Pacific

Company Share Analysis:
Global edge AI hardware market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of edge AI hardware market for global, Europe, North America, Asia-Pacific and South America.

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The Global Edge AI Hardware Market report provides the global market size of the main players in each region. Moreover, the report provides knowledge of the leading markets players within the Global Edge AI Hardware Market. The industry changing factors for the market segments are explored in this report.  This analysis report covers the growth factors of the worldwide market based on end-users. Market opportunities and recommendations for new investments are also encompassed in this report.

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Issued By Onkar Nimbalkar
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Chambers, Magarpatta Road, Hadapsar
Country India
Categories Electronics , Technology
Tags global edge ai hardware market , global edge ai hardware market overview , global edge ai hardware market trends
Last Updated September 18, 2019