The new report titled ‘Global Edge Artificial Intelligence Hardware Market,’ published by Emergen Research, is a vivid presentation of the global Edge Artificial Intelligence Hardware market, with utmost focus on the forecast market size, share, value, and volume over the projected timeline. The report throws light on the current economic landscape of this business vertical and evaluates the top market trends. It has been compiled through significant primary research, including surveys, interviews, and expert analysts’ observations. It features insightful qualitative and quantitative assessments of the Edge Artificial Intelligence Hardware industry, gathering industry-verified data from the value chain analysis. The report, additionally, examines the prevailing trends in the market, along with the macro- and micro-economic indicators. The report delivers a deep understanding of the key aspects of the Edge Artificial Intelligence Hardware market, for instance, import and export dynamics, production and consumption rates, and consumer bases across the major market regions.
The global edge Artificial Intelligence (AI) hardware market size was USD 9.21 Billion in 2022 and is expected to register a steady revenue CAGR of 17.7% during the forecast period, according to latest analysis by Emergen Research.
The Edge Artificial Intelligence (AI) Hardware Market is a rapidly growing market that is expected to experience significant growth in the coming years. This market encompasses the hardware components used in edge computing and artificial intelligence applications. Edge computing is a distributed computing model that processes data locally at the edge of the network, rather than in a centralized location. This approach allows for faster processing times and reduced data transfer volumes, making it ideal for applications such as autonomous vehicles, industrial automation, and smart cities.
One of the key drivers of the Edge AI Hardware Market is the growing demand for real-time data processing and analysis. As more industries adopt IoT (Internet of Things) devices and sensors, there is an increasing need for edge computing solutions that can quickly process the vast amounts of data generated by these devices. This is particularly important in applications such as autonomous vehicles, where real-time data processing is critical for safe and efficient operation.
Another driver of the Edge AI Hardware Market is the increasing adoption of artificial intelligence in various industries. AI is being used to automate a wide range of tasks, from image and speech recognition to predictive maintenance and process optimization. This has led to a growing demand for hardware components such as AI accelerators and processors, which can efficiently process large volumes of data and perform complex calculations.
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This report is the latest document discussing the current economic situation gravely impacted by the COVID-19 outbreak in detail. The global health emergency has led to massive changes in the global economy and the Edge Artificial Intelligence Hardware business sphere. The current scenario of this ever-evolving business vertical has been clearly depicted in the report, which contains a broad analysis of the pandemic’s present and future effects.
Competitive Outlook:
The latest research report is inclusive of a precise summary of the intensely competitive landscape of the global Edge Artificial Intelligence Hardware market. It offers a systematic presentation of the company profiles of the leading market players. This section of the report analyzes the effective initiatives undertaken by these players for business expansion in the long run. In addition, this section highlights the key developments and financial positions of these companies to explain the overall market scenario. The company profiles of the established and new players have been assessed using certain effective analytical tools, such as Porter’s Five Forces analysis and SWOT analysis.
Leading companies operating across the global Edge Artificial Intelligence Hardware market:
Apple Inc., Huawei Technologies Co., Ltd., Intel Corporation, MediaTek Inc., NVIDIA Corporation, Qualcomm Technologies, Inc., Samsung, Microsoft, Advanced Micro Devices Inc., and ClearBlade Inc
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The report also covers the scope of individual applications and types in each region. The report also covers details about production and consumption patterns, technological developments, revenue growth, market size, market share, key trends and demands influencing market growth in the region, and robust presence of key players in the region.
Edge Artificial Intelligence Hardware Market Segmentation:
Component Outlook (Revenue, USD Billion; 2019-2032)
- Memory
- Sensor
- Processor
- Others
Device Type Outlook (Revenue, USD Billion; 2019-2032)
- Smartphones
- Robots
- Wearables
- Cameras
- Others
End-use Outlook (Revenue, USD Billion; 2019-2032)
- Consumer Electronics
- Automotive
- Aerospace and Defense
- Healthcare
- Others
Report Highlights:
- Besides offering a vivid depiction of the global Edge Artificial Intelligence Hardware business sphere and its fundamental operations, the latest report provides the industrial chain analysis and list down the current and future market trends and growth opportunities.
- The report scrutinizes the salient factors influencing the growth of the market in the near future.
- The strategic marketing recommendations, crucial information related to the new market entrants, and expansion plans of various businesses are poised to provide the reader with a competitive edge in the market.
Regional segmentation comprises of a current and forecast estimation of the market in the key geographical regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Regional Analysis of the Edge Artificial Intelligence Hardware Market Includes:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Features of the Edge Artificial Intelligence Hardware Market Report:
- The report offers details about key drivers, restraints, opportunities, challenges, growth prospects, limitations, and threats
- The report encompasses details about the key companies, product portfolio along with specifications, production valuation, and market shares
- Evaluation of key current and emerging market trends and growth prospects
- It also offers research-backed estimations for the forecast period of eight years, primarily to estimate the potential market growth
- Brief overview of industry with regards to research and development, technological advancements, and product development
- In-depth assessment of upstream raw materials, downstream buyers, demands, and current market scenario
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ToC of the Report:
Chapter 1: Market overview and scope
Chapter 2: Market outlook
Chapter 3: Impact analysis of COVID-19 pandemic
Chapter 4: Competitive Landscape
Chapter 5: Drivers, Constraints, Opportunities, Limitations
Chapter 6: Key manufacturers of the industry
Chapter 7: Regional analysis
Chapter 8: Market segmentation based on type applications
Chapter 9: Current and Future Trends
Look Over transcripts provided by Emergen Research
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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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