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North America Edge AI in Industrial Automation Market Size, Share & Trends Analysis Report By Organization Size (Large Enterprises, and Small & Medium Enterprises), By Deployment Type, By Component, By End-Use, By Solutions, By Country and Growth Forecast

Publisher Knowledge Based Value (KBV) Research
Published Oct 10, 2024
Length 188 Pages
SKU # KBV19259437

Description

North America Edge AI in Industrial Automation Market Size, Share & Trends Analysis Report By Organization Size (Large Enterprises, and Small & Medium Enterprises), By Deployment Type, By Component, By End-Use, By Solutions, By Country and Growth Forecast, 2024 - 2031


The North America Edge AI in Industrial Automation Market would witness market growth of 24.6% CAGR during the forecast period (2024-2031).

The US market dominated the North America Edge AI in Industrial Automation Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $60,940.8 million by 2031. Canada market is experiencing a CAGR of 26.1% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 25.9% during (2024 - 2031).

The rise of edge AI in industrial automation is largely driven by the convergence of several technological trends, including the proliferation of the Industrial Internet of Things (IIoT), advancements in AI algorithms, and the increasing availability of powerful yet compact edge computing hardware.

Additionally, the IIoT is expanding the ability of industrial devices to connect, communicate, and collect data. However, with the massive volumes of data generated in industrial environments, the reliance on centralized cloud computing to process this data often creates latency and bandwidth issues.

In the North American edge AI in industrial automation, businesses have rapidly integrated AI into their operations, creating a strong demand for efficient data processing solutions like edge computing. The U.S. manufacturing industry has quickly adopted Industry 4.0 technologies, which leverage AI and edge computing to optimize production processes, enhance operational efficiency, and reduce downtime through predictive maintenance. According to the National Institute of Standards and Technology (NIST), the U.S. manufacturing sector is expected to invest heavily in smart manufacturing technologies, further boosting the demand for edge AI solutions.

Based on Organization Size, the market is segmented into Large Enterprises, and Small & Medium Enterprises. Based on Deployment Type, the market is segmented into On-premise, and Cloud. Based on Component, the market is segmented into Hardware (Edge Devices, Sensors, and Gateways), Software (Edge Platforms, AI Algorithms, and Machine Learning Models), and Services (Deployment, Integration, and Consulting). Based on End-Use, the market is segmented into Manufacturing, Energy & Utilities, Oil & Gas, Automotive, Logistics & Transportation, Healthcare, and Other End-Uses. Based on Solutions, the market is segmented into Predictive Maintenance, Quality Control & Inspection, Process Optimization, Anomaly Detection, Energy Efficiency Management, and Other Solutions. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled
  • Microsoft Corporation
  • IBM Corporation
  • Amazon Web Services, Inc. (Amazon.com, Inc.)
  • NVIDIA Corporation
  • Google LLC (Alphabet Inc.)
  • Synaptics Incorporated
  • Nutanix, Inc.
  • Adlink Technology, Inc.
  • Gorilla Technology Group Inc.
  • Oracle Corporation
North America Edge AI in Industrial Automation Market Report Segmentation

By Organization Size
  • Large Enterprises
  • Small & Medium Enterprises
By Deployment Type
  • On-premise
  • Cloud
By Component
  • Hardware
  • Edge Devices
  • Sensors
  • Gateways
  • Software
  • Edge Platforms
  • AI Algorithms
  • Machine Learning Models
  • Services
  • Deployment
  • Integration
  • Consulting
By End-Use
  • Manufacturing
  • Energy & Utilities
  • Oil & Gas
  • Automotive
  • Logistics & Transportation
  • Healthcare
  • Other End-Uses
By Solutions
  • Predictive Maintenance
  • Quality Control & Inspection
  • Process Optimization
  • Anomaly Detection
  • Energy Efficiency Management
  • Other Solutions
By Country
  • US
  • Canada
  • Mexico
  • Rest of North America

Table of Contents

188 Pages
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Edge AI in Industrial Automation Market, by Organization Size
1.4.2 North America Edge AI in Industrial Automation Market, by Deployment Type
1.4.3 North America Edge AI in Industrial Automation Market, by Component
1.4.4 North America Edge AI in Industrial Automation Market, by End-Use
1.4.5 North America Edge AI in Industrial Automation Market, by Solutions
1.4.6 North America Edge AI in Industrial Automation Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.2.4 Geographical Expansion
4.3 Market Share Analysis, 2023
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
4.4.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2020, May – 2024, Sep) Leading Players
4.5 Porter Five Forces Analysis
Chapter 5. North America Edge AI in Industrial Automation Market by Organization Size
5.1 North America Large Enterprises Market by Region
5.2 North America Small & Medium Enterprises Market by Region
Chapter 6. North America Edge AI in Industrial Automation Market by Deployment Type
6.1 North America On-premise Market by Region
6.2 North America Cloud Market by Region
Chapter 7. North America Edge AI in Industrial Automation Market by Component
7.1 North America Hardware Market by Country
7.2 North America Edge AI in Industrial Automation Market by Hardware Type
7.2.1 North America Edge Devices Market by Country
7.2.2 North America Sensors Market by Country
7.2.3 North America Gateways Market by Country
7.3 North America Software Market by Country
7.4 North America Edge AI in Industrial Automation Market by Software Type
7.4.1 North America Edge Platforms Market by Country
7.4.2 North America AI Algorithms Market by Country
7.4.3 North America Machine Learning Models Market by Country
7.5 North America Services Market by Country
7.6 North America Edge AI in Industrial Automation Market by Services Type
7.6.1 North America Deployment Market by Country
7.6.2 North America Integration Market by Country
7.6.3 North America Consulting Market by Country
Chapter 8. North America Edge AI in Industrial Automation Market by End-Use
8.1 North America Manufacturing Market by Country
8.2 North America Energy & Utilities Market by Country
8.3 North America Oil & Gas Market by Country
8.4 North America Automotive Market by Country
8.5 North America Logistics & Transportation Market by Country
8.6 North America Healthcare Market by Country
8.7 North America Other End-Uses Market by Country
Chapter 9. North America Edge AI in Industrial Automation Market by Solutions
9.1 North America Predictive Maintenance Market by Country
9.2 North America Quality Control & Inspection Market by Country
9.3 North America Process Optimization Market by Country
9.4 North America Anomaly Detection Market by Country
9.5 North America Energy Efficiency Management Market by Country
9.6 North America Other Solutions Market by Country
Chapter 10. North America Edge AI in Industrial Automation Market by Country
10.1 US Edge AI in Industrial Automation Market
10.1.1 US Edge AI in Industrial Automation Market by Organization Size
10.1.2 US Edge AI in Industrial Automation Market by Deployment Type
10.1.3 US Edge AI in Industrial Automation Market by Component
10.1.3.1 US Edge AI in Industrial Automation Market by Hardware Type
10.1.3.2 US Edge AI in Industrial Automation Market by Software Type
10.1.3.3 US Edge AI in Industrial Automation Market by Services Type
10.1.4 US Edge AI in Industrial Automation Market by End-Use
10.1.5 US Edge AI in Industrial Automation Market by Solutions
10.2 Canada Edge AI in Industrial Automation Market
10.2.1 Canada Edge AI in Industrial Automation Market by Organization Size
10.2.2 Canada Edge AI in Industrial Automation Market by Deployment Type
10.2.3 Canada Edge AI in Industrial Automation Market by Component
10.2.3.1 Canada Edge AI in Industrial Automation Market by Hardware Type
10.2.3.2 Canada Edge AI in Industrial Automation Market by Software Type
10.2.3.3 Canada Edge AI in Industrial Automation Market by Services Type
10.2.4 Canada Edge AI in Industrial Automation Market by End-Use
10.2.5 Canada Edge AI in Industrial Automation Market by Solutions
10.3 Mexico Edge AI in Industrial Automation Market
10.3.1 Mexico Edge AI in Industrial Automation Market by Organization Size
10.3.2 Mexico Edge AI in Industrial Automation Market by Deployment Type
10.3.3 Mexico Edge AI in Industrial Automation Market by Component
10.3.3.1 Mexico Edge AI in Industrial Automation Market by Hardware Type
10.3.3.2 Mexico Edge AI in Industrial Automation Market by Software Type
10.3.3.3 Mexico Edge AI in Industrial Automation Market by Services Type
10.3.4 Mexico Edge AI in Industrial Automation Market by End-Use
10.3.5 Mexico Edge AI in Industrial Automation Market by Solutions
10.4 Rest of North America Edge AI in Industrial Automation Market
10.4.1 Rest of North America Edge AI in Industrial Automation Market by Organization Size
10.4.2 Rest of North America Edge AI in Industrial Automation Market by Deployment Type
10.4.3 Rest of North America Edge AI in Industrial Automation Market by Component
10.4.3.1 Rest of North America Edge AI in Industrial Automation Market by Hardware Type
10.4.3.2 Rest of North America Edge AI in Industrial Automation Market by Software Type
10.4.3.3 Rest of North America Edge AI in Industrial Automation Market by Services Type
10.4.4 Rest of North America Edge AI in Industrial Automation Market by End-Use
10.4.5 Rest of North America Edge AI in Industrial Automation Market by Solutions
Chapter 11. Company Profiles
11.1 Microsoft Corporation
11.1.1 Company Overview
11.1.2 Financial Analysis
11.1.3 Segmental and Regional Analysis
11.1.4 Research & Development Expenses
11.1.5 Recent strategies and developments:
11.1.5.1 Partnerships, Collaborations, and Agreements:
11.1.5.2 Product Launches and Product Expansions:
11.1.5.3 Acquisition and Mergers:
11.1.6 SWOT Analysis
11.2 IBM Corporation
11.2.1 Company Overview
11.2.2 Financial Analysis
11.2.3 Regional & Segmental Analysis
11.2.4 Research & Development Expenses
11.2.5 Recent strategies and developments:
11.2.5.1 Partnerships, Collaborations, and Agreements:
11.2.5.2 Product Launches and Product Expansions:
11.2.5.3 Acquisition and Mergers:
11.2.6 SWOT Analysis
11.3 Amazon Web Services, Inc. (Amazon.com, Inc.)
11.3.1 Company Overview
11.3.2 Financial Analysis
11.3.3 Segmental Analysis
11.3.4 Recent strategies and developments:
11.3.4.1 Partnerships, Collaborations, and Agreements:
11.3.4.2 Geographical Expansions:
11.3.5 SWOT Analysis
11.4 NVIDIA Corporation
11.4.1 Company Overview
11.4.2 Financial Analysis
11.4.3 Segmental and Regional Analysis
11.4.4 Research & Development Expenses
11.4.5 Recent strategies and developments:
11.4.5.1 Partnerships, Collaborations, and Agreements:
11.4.6 SWOT Analysis
11.5 Google LLC (Alphabet Inc.)
11.5.1 Company Overview
11.5.2 Financial Analysis
11.5.3 Segmental and Regional Analysis
11.5.4 Research & Development Expense
11.5.5 Recent strategies and developments:
11.5.5.1 Partnerships, Collaborations, and Agreements:
11.5.5.2 Acquisition and Mergers:
11.5.6 SWOT Analysis
11.6 Synaptics Incorporated
11.6.1 Company Overview
11.6.2 Financial Analysis
11.6.3 Regional Analysis
11.6.4 Research & Development Expenses
11.6.5 Recent strategies and developments:
11.6.5.1 Partnerships, Collaborations, and Agreements:
11.6.5.2 Product Launches and Product Expansions:
11.6.5.3 Acquisition and Mergers:
11.6.6 SWOT Analysis
11.7 Nutanix, Inc.
11.7.1 Company Overview
11.7.2 Financial Analysis
11.7.3 Regional Analysis
11.7.4 Research & Development Expenses
11.7.5 Recent strategies and developments:
11.7.5.1 Partnerships, Collaborations, and Agreements:
11.8 Adlink Technology, Inc.
11.8.1 Company Overview
11.8.2 Financial Analysis
11.8.3 Regional Analysis
11.8.4 Research & Development Expenses
11.8.5 Recent strategies and developments:
11.8.5.1 Partnerships, Collaborations, and Agreements:
11.8.5.2 Product Launches and Product Expansions:
11.9 Gorilla Technology Group Inc.
11.9.1 Company Overview
11.9.2 Financial Analysis
11.9.3 Segmental and Regional Analysis
11.9.4 Research & Development Expenses
11.9.5 Recent strategies and developments:
11.9.5.1 Partnerships, Collaborations, and Agreements:
11.10. Oracle Corporation
11.10.1 Company Overview
11.10.2 Financial Analysis
11.10.3 Segmental and Regional Analysis
11.10.4 Research & Development Expense
11.10.5 Recent strategies and developments:
11.10.5.1 Partnerships, Collaborations, and Agreements:
11.10.5.2 Product Launches and Product Expansions:
11.10.6 SWOT Analysis

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