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Edge AI Hardware Market 2021 Global Demand, Growth, Opportunities, Top Key Players and Forecast to 2027

Bhushan Dhumal
Edge AI Hardware Market 2021 Global Demand, Growth, Opportunities, Top Key Players and Forecast to 2027

Edge AI Hardware Market 2021

New Study Reports " Edge AI Hardware Market 2021 Global Market Demand, Opportunities, Challenges, Strategies and Key Players Forecasts 2027" has been Added on MarketResearchFuture.

Report Details:

The global edge AI hardware market registered a transaction of 532.4 million units in 2018 and is expected to reach 1,681.8 million units by the end of forecast period with a CAGR of 21.72%. Growth in Artificial Intelligence (AI) has created huge opportunities for semiconductor companies. Edge AI processing involves low latency which is an advantage and hence is contributing to growth of the market. Edge AI processing helps reducing the data travelling time so that companies can analyze data on real-time basis. AI hardware is the core enabler for various solutions such as facial recognition and virtual assistant managing homes.

This report provides in depth study of Edge AI Hardware Market using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Edge AI Hardware Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organization.

Drivers and Constraints                               

The fundamental dynamics that are explored in the report hold substantial influence over the Edge AI Hardware market. The report further studies on the value, volume trends, and the pricing history of the market. In addition to it, various growth factors, restraints, and opportunities are also analyzed for the market to study the in-depth understanding of the market.

This report also analyzes the impact of Coronavirus COVID-19 on the Edge AI Hardware industry.

Key Players

The report has profiled some of the Important players prevalent in the global like – Intel Corporation (US), Samsung Electronics Co., Ltd. (South Korea), Google Inc. (US), NVIDIA Corporation (US), Qualcomm (US), MediaTek Inc. (Taiwan), Xilinx Inc. (US), and Microsoft Corporation (US). These players contribute a major share in the growth of edge AI hardware market. The other prominent companies in the edge AI hardware market include Huawei Technologies Co., Ltd. (China), Imagination Technologies Limited (UK), and Cambricon Technologies (China) among others and more.

This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Edge AI Hardware.

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By component, the market is segmented into CPU, GPU, ASIC, and others. CPU is expected to dominate the Edge AI hardware market during the forecast period as it is the core processor for any edge AI hardware. ASIC segment is expected to grow at the highest CAGR during the forecast period.

By device, the market is segmented into smartphone, camera, robot, automobile, smart speaker, wearables, and smart mirror. The smartphones segment had the largest revenue share in the Edge AI hardware market in 2018 and is expected to continue its dominance throughout the forecast period. The camera segment is expected to grow at a significant CAGR during the forecast period.

By power consumption, the edge AI hardware market is segmented into less than 1 W, 1–3 W, 3–5 W, 5–10 W, and more than 10 W. By process, the edge AI hardware market is divided into training and inference.

By vertical, the market is segmented into consumer electronics, smart home, automotive & transportation, government, healthcare, aerospace & defense, construction, and others. The consumer electronics sector dominated the edge AI hardware market in 2018 and is expected to contribute a significant revenue share to the market during the forecast period. The smart home segment will grow at a significant CAGR during the forecast period.

Regional Analysis

The global market for edge AI hardware is estimated to grow at a significant rate during the forecast period from 2019 to 2024. The geographic analysis of edge AI hardware market has been conducted for North America, Europe, Asia-Pacific, and the rest of the world.

North America dominated the market in 2018 and is expected to dominate the edge AI hardware market throughout the forecast period. AI is largely being applied on consumer electronics and smart home applications. Furthermore, growth of smart city projects has led to the rapid adoption of this technology in the US and Canada. The market in Asia-Pacific is expected to register the highest CAGR during the forecast period. Countries such as China, South Korea, and Taiwan are some of the the largest manufacturers and exporters of semiconductor content which is creating immense opportunities for the growth of edge AI hardware market.

Key Stakeholders 
Edge AI Hardware Market Manufacturers 
Edge AI Hardware Market Distributors/Traders/Wholesalers 
Edge AI Hardware Market Subcomponent Manufacturers 
Industry Association 
Downstream Vendors

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Complete Report Details@  https://www.marketresearchfuture.com/reports/edge-ai-hardware-market-7836


Our team is studying Covid-19 and its impact on various industry verticals and wherever required we will be considering Covid-19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.

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Market Research Future (MRFR) is an esteemed company with a reputation of serving clients across domains of information technology (IT), healthcare, and chemicals. Our analysts undertake painstaking primary and secondary research to provide a seamless report with a 360 degree perspective. Data is compared against reputed organizations, trustworthy databases, and international surveys for producing impeccable reports backed with graphical and statistical information.

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Bhushan Dhumal
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