
Edge Artificial Intelligence Market by Processor (ASIC, CPU, GPU), Component (Services, Solution), Source, End-Use, Application - Global Forecast 2024-2030
Description
Edge Artificial Intelligence Market by Processor (ASIC, CPU, GPU), Component (Services, Solution), Source, End-Use, Application - Global Forecast 2024-2030
The Edge Artificial Intelligence Market size was estimated at USD 1.06 billion in 2023 and expected to reach USD 1.31 billion in 2024, at a CAGR 24.71% to reach USD 4.98 billion by 2030.
Edge artificial intelligence (AI) refers to a system where AI algorithms are processed locally on a hardware device. The device undertakes data processing and decision-making in real time without relying on the cloud or centralized data centers. This decentralized approach is achievable through the integration of advanced AI and machine learning capabilities directly into edge devices, such as smartphones, IoT (Internet of Things) devices, and autonomous vehicles. Increased demand for low-latency processing and real-time decision-making capabilities in various industries are driving the development and adoption of edge AI technology. The proliferation of IoT devices and the need to process vast amounts of data at the source without overloading network bandwidth further increases the demand for these innovative solutions, thus expanding the scope of the edge artificial intelligence market. However, concerns over data security and privacy, alongside the complexity of deploying and maintaining AI models on edge devices, present challenges for the market. Despite the challenges, the surge in intelligent applications across healthcare, automotive, and manufacturing sectors presents significant opportunities for edge AI. Advancements in semiconductor technologies and increased investments in AI research can lead to more powerful and efficient edge AI solutions.
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Table of Contents
194 Pages
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Intensifying Usage of Social Media and E-Commerce Platforms
- 5.1.1.2. Amalgamation of Artificial Intelligence into the Edge Ecosystem
- 5.1.1.3. Increasing Enterprise Workloads on the Clouds
- 5.1.2. Restraints
- 5.1.2.1. Privacy and Security Issues Related to Edge AI Solutions
- 5.1.2.2. Optimization of Edge AI Standards
- 5.1.3. Opportunities
- 5.1.3.1. Emergence of the 5G Network to bring IT and Telecom Together
- 5.1.3.2. Increasing Number of Artificial Intelligence Applications
- 5.1.3.3. Increasing Demand for Enhanced Data Privacy and Security
- 5.1.4. Challenges
- 5.1.4.1. Interoperability Issues Slowing the Adoption of Edge AI Software
- 5.2. Market Segmentation Analysis
- 5.2.1. Processor: Increasing preference of ASIC due to its energy efficiency and high performance
- 5.2.2. Source: Edge-based biometric systems provide faster response times and reduce bandwidth load on networks
- 5.2.3. End-Use: Rising adoption of edge AI by government and public sector, emphasizing service delivery and data security
- 5.2.4. Application: Deployment of edge AI in smart wearables to offer more accurate data analysis and faster processing
- 5.3. Market Trend Analysis
- 5.4. Cumulative Impact of Russia-Ukraine Conflict
- 5.5. Cumulative Impact of High Inflation
- 5.6. Porter’s Five Forces Analysis
- 5.6.1. Threat of New Entrants
- 5.6.2. Threat of Substitutes
- 5.6.3. Bargaining Power of Customers
- 5.6.4. Bargaining Power of Suppliers
- 5.6.5. Industry Rivalry
- 5.7. Value Chain & Critical Path Analysis
- 5.8. Regulatory Framework Analysis
- 5.9. Client Customization
- 6. Edge Artificial Intelligence Market, by Processor
- 6.1. Introduction
- 6.2. ASIC
- 6.3. CPU
- 6.4. GPU
- 7. Edge Artificial Intelligence Market, by Component
- 7.1. Introduction
- 7.2. Services
- 7.3. Solution
- 8. Edge Artificial Intelligence Market, by Source
- 8.1. Introduction
- 8.2. Biometric Data
- 8.3. Mobile Data
- 8.4. Sensor Data
- 8.5. Speech Recognition
- 8.6. Video & Image Recognition
- 9. Edge Artificial Intelligence Market, by End-Use
- 9.1. Introduction
- 9.2. Automotive
- 9.3. Energy and Utilities
- 9.4. Government & Public Sector
- 9.5. Healthcare
- 9.6. Manufacturing
- 9.7. Telecom
- 10. Edge Artificial Intelligence Market, by Application
- 10.1. Introduction
- 10.2. Access Management
- 10.3. Autonomous Vehicles
- 10.4. Energy Management
- 10.5. Precision Agriculture
- 10.6. Remote Monitoring & Predictive Maintenance
- 10.7. Smart Wearables
- 10.8. Telemetry
- 10.9. Video Surveillance
- 11. Americas Edge Artificial Intelligence Market
- 11.1. Introduction
- 11.2. Argentina
- 11.3. Brazil
- 11.4. Canada
- 11.5. Mexico
- 11.6. United States
- 12. Asia-Pacific Edge Artificial Intelligence Market
- 12.1. Introduction
- 12.2. Australia
- 12.3. China
- 12.4. India
- 12.5. Indonesia
- 12.6. Japan
- 12.7. Malaysia
- 12.8. Philippines
- 12.9. Singapore
- 12.10. South Korea
- 12.11. Taiwan
- 12.12. Thailand
- 12.13. Vietnam
- 13. Europe, Middle East & Africa Edge Artificial Intelligence Market
- 13.1. Introduction
- 13.2. Denmark
- 13.3. Egypt
- 13.4. Finland
- 13.5. France
- 13.6. Germany
- 13.7. Israel
- 13.8. Italy
- 13.9. Netherlands
- 13.10. Nigeria
- 13.11. Norway
- 13.12. Poland
- 13.13. Qatar
- 13.14. Russia
- 13.15. Saudi Arabia
- 13.16. South Africa
- 13.17. Spain
- 13.18. Sweden
- 13.19. Switzerland
- 13.20. Turkey
- 13.21. United Arab Emirates
- 13.22. United Kingdom
- 14. Competitive Landscape
- 14.1. Market Share Analysis, 2023
- 14.2. FPNV Positioning Matrix, 2023
- 14.3. Competitive Scenario Analysis
- 14.3.1. BrainChip and MYWAI to Deliver Next-Generation Edge AI Solutions
- 14.3.2. Lenovo Launches Next-Generation Edge AI Solutions for Intelligent Transformation
- 14.3.3. Sidus Space Acquires Edge Artificial Intelligence (AI) Company, Exo-Space
- 15. Competitive Portfolio
- 15.1. Key Company Profiles
- 15.2. Key Product Portfolio
- FIGURE 1. EDGE ARTIFICIAL INTELLIGENCE MARKET RESEARCH PROCESS
- FIGURE 2. EDGE ARTIFICIAL INTELLIGENCE MARKET SIZE, 2023 VS 2030
- FIGURE 3. GLOBAL EDGE ARTIFICIAL INTELLIGENCE MARKET SIZE, 2018-2030 (USD MILLION)
- FIGURE 4. GLOBAL EDGE ARTIFICIAL INTELLIGENCE MARKET SIZE, BY REGION, 2023 VS 2030 (%)
- FIGURE 5. GLOBAL EDGE ARTIFICIAL INTELLIGENCE MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 6. EDGE ARTIFICIAL INTELLIGENCE MARKET DYNAMICS
- FIGURE 7. GLOBAL EDGE ARTIFICIAL INTELLIGENCE MARKET SIZE, BY PROCESSOR, 2023 VS 2030 (%)
- FIGURE 8. GLOBAL EDGE ARTIFICIAL INTELLIGENCE MARKET SIZE, BY PROCESSOR, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 9. GLOBAL EDGE ARTIFICIAL INTELLIGENCE MARKET SIZE, BY COMPONENT, 2023 VS 2030 (%)
- FIGURE 10. GLOBAL EDGE ARTIFICIAL INTELLIGENCE MARKET SIZE, BY COMPONENT, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 11. GLOBAL EDGE ARTIFICIAL INTELLIGENCE MARKET SIZE, BY SOURCE, 2023 VS 2030 (%)
- FIGURE 12. GLOBAL EDGE ARTIFICIAL INTELLIGENCE MARKET SIZE, BY SOURCE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 13. GLOBAL EDGE ARTIFICIAL INTELLIGENCE MARKET SIZE, BY END-USE, 2023 VS 2030 (%)
- FIGURE 14. GLOBAL EDGE ARTIFICIAL INTELLIGENCE MARKET SIZE, BY END-USE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 15. GLOBAL EDGE ARTIFICIAL INTELLIGENCE MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
- FIGURE 16. GLOBAL EDGE ARTIFICIAL INTELLIGENCE MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 17. AMERICAS EDGE ARTIFICIAL INTELLIGENCE MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 18. AMERICAS EDGE ARTIFICIAL INTELLIGENCE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 19. UNITED STATES EDGE ARTIFICIAL INTELLIGENCE MARKET SIZE, BY STATE, 2023 VS 2030 (%)
- FIGURE 20. UNITED STATES EDGE ARTIFICIAL INTELLIGENCE MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 21. ASIA-PACIFIC EDGE ARTIFICIAL INTELLIGENCE MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 22. ASIA-PACIFIC EDGE ARTIFICIAL INTELLIGENCE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 23. EUROPE, MIDDLE EAST & AFRICA EDGE ARTIFICIAL INTELLIGENCE MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 24. EUROPE, MIDDLE EAST & AFRICA EDGE ARTIFICIAL INTELLIGENCE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 25. EDGE ARTIFICIAL INTELLIGENCE MARKET SHARE, BY KEY PLAYER, 2023
- FIGURE 26. EDGE ARTIFICIAL INTELLIGENCE MARKET, FPNV POSITIONING MATRIX, 2023
Pricing
Currency Rates
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