The Edge AI Market: size was valued at USD 17.46 Billion in 2023 and the total Edge AI revenue is expected to grow at a CAGR of 20.1% from 2024 to 2030, reaching nearly USD 62.93 Billion by 2030.
The Edge AI Market Overview:
The current condition of terminologies, segments, functions, and industry value chain structure was examined in the The Edge AI Market Research Report. The report offers unbiased expert commentary on the current market situation, previous financial position, consumption patterns rates, demand and supply ratios, and revenue generation estimates for the forecasted time. The The Edge AI Market report also includes information on the strategic aspirations and company growth plans of the major organizations in the The Edge AI Market sector. Mergers and acquisitions, government and private sector transactions, partnerships and collaborations, joint projects, brand marketing, and product launches are some of the approaches studied. To summarise what has been mentioned so far, the study presents a complete picture of the The Edge AI Market on both the global and regional levels.
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Mergers and acquisitions, government and private sector transactions, partnerships and collaborations, joint projects, brand marketing, and product launches are some of the approaches studied. To summarise what has been mentioned so far, the study presents a complete picture of the The Edge AI Market on both the global and regional levels.
Segmentation:
By Component
Hardware
Software
Edge Cloud Infrastructure Services
By Application
Video Surveillance
Access Management
Autonomous Vehicles
Energy Management
Others
By Device type
Smartphones
Cameras
Robots
Wearables
Smart speakers
Surveillance Cameras
Edge Servers
Smart Mirrors
Others
By Industry
Automotive
Manufacturing
Healthcare
Energy and Utility
Consumer Goods
IT Telecom
Others (Retail)
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Key Players:
North America:
1. Apple Inc. (United States)
2. Oracle Corporation (United States)
3. General Electric Company (GE) (United States)
4. Honeywell International Inc. (United States)
5. NVIDIA Corporation (United States)
6. Intel Corporation (United States)
7. Microsoft Corporation (United States)
8. Google LLC (United States)
9. Advanced Micro Devices, Inc. (AMD) (United States)
10. Xilinx, Inc. (United States)
11. Cisco Systems, Inc. (United States)
12. Dell Technologies Inc. (United States)
13. Hewlett Packard Enterprise (HPE) (United States)
14. Amazon Web Services (AWS) (United States)
15. Advanced Micro Devices, Inc. (AMD) (United States)
Europe:
1. IBM Corporation (United States, but major presence in Europe)
2. Accenture PLC (Ireland)
3. Siemens AG (Germany)
4. SAP SE (Germany)
Asia Pacific:
1. Huawei Technologies Co., Ltd. (China)
2. Samsung Electronics Co., Ltd. (South Korea)
3. MediaTek Inc. (Taiwan)
4. Baidu, Inc. (China)
5. Fujitsu Limited (Japan)
6. NEC Corporation (Japan)
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Regional Analysis:
The region portion of the research also provides key market-impacting components and changes in market regulatory oversight that have an impact on the market's current and future trends. New deals, substitute sales, national demography, regulatory actions, and import-export taxes are some of the major variables used to forecast the market situation for different areas.
COVID-19 Impact Analysis on The Edge AI Market:
The COVID-19 outbreak has had a significant impact on the global The Edge AI Market industry. Due to the worldwide slump and a lack of employees, The Edge AI Market manufacturing plants have been halted. The COVID-19 epidemic has caused a significant and long-term drop in production utilization, while travel prohibitions and facility closures have kept personnel away from their workplaces, causing the The Edge AI Market to slow down.
Key Questions Answered in the The Edge AI Market Report are:
- Which segment had the largest share in the The Edge AI Market?
- What was the competitive scenario of the The Edge AI Market?
- Which are the key factors responsible for the The Edge AI Market growth?
- Which region held the maximum share in the The Edge AI Market?
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