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Artificial Intelligence for Edge Devices Market, Global Outlook and Forecast 2023-2029

Artificial Intelligence for Edge Devices Market, Global Outlook and Forecast 2023-2029

  • Published on : 21 March 2023
  • Pages :62
  • Report Code:SMR-7608620

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Report overview

Artificial intelligence (AI) processing today is mostly done in a cloud-based data center. The majority of AI processing is dominated by training of deep learning models, which requires heavy compute capacity. Artificial intelligence for edge devices means that AI software algorithms are processed locally on a hardware device. The algorithms are using data (sensor data or signals) that are created on the device. A device using Edge AI software does not need to be connected in order to work properly, it can process data and take decisions independently without a connection. In this report, artificial intelligence for edge devices contains software tools, platforms, artificial intelligence chip.
This report contains market size and forecasts of Artificial Intelligence for Edge Devices in Global, including the following market information:
Global Artificial Intelligence for Edge Devices Market Size 2024-2029, ($ millions)
The global Artificial Intelligence for Edge Devices market is projected to reach US$ 15960 million by 2029.
Global Artificial Intelligence for Edge Devices key players include Microsoft, Qualcomm, Intel, Google, Alibaba, etc. Global top five manufacturers hold a share over 50%.
North America is the largest market, with a share about 45%, followed by Europe and China, both have a share over 30 percent.
In terms of product, Hardware is the largest segment, with a share about 70%. And in terms of application, the largest application is Mobile Phones, followed by Smart Speakers.
We surveyed the Artificial Intelligence for Edge Devices companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Artificial Intelligence for Edge Devices Market, by Type, 2024-2029 ($ millions)
Global Artificial Intelligence for Edge Devices Market Segment Percentages, by Type
Hardware
Software
Global Artificial Intelligence for Edge Devices Market, by Application, 2024-2029 ($ millions)
Global Artificial Intelligence for Edge Devices Market Segment Percentages, by Application
Automotive
Consumer and Enterprise Robotics
Drones
Head-Mounted Displays
Smart Speakers
Security Cameras
Global Artificial Intelligence for Edge Devices Market, By Region and Country, 2024-2029 ($ Millions)
Global Artificial Intelligence for Edge Devices Market Segment Percentages, by region and country
United States
Europe
Asia
China
Rest of World
Competitor Analysis
The report also provides analysis of leading market participants including:
Further, the report presents profiles of competitors in the market, key players include:
Microsoft
Qualcomm
Intel
Google
Alibaba
NVIDIA
Arm
Horizon Robotics
Baidu
Synopsys
Cambricon
MediaTek
Mythic
NXP