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Edge AI hardware Industry 2021 Global Market Size, Demand, Growth Analysis, Share, Revenue and Forecast 2027

Bhushan Dhumal
Edge AI hardware Industry 2021 Global Market Size, Demand, Growth Analysis, Share, Revenue and Forecast 2027

Edge AI hardware Industry 2021-2027

New Study Reports " Edge AI hardware Industry 2021, Global Key Players Analysis, Share, Trends, Future Opportunities Forecasts 2027has been Added on MarketResearchFuture.

Report Overview

This published report for the Edge AI hardware Industry analyzes and forecasts the marketing statistics of the product/service market on a global as well as the regional level. This detailed study also offers the previous historical data along with the forecast from 2021 to 2027. The assessment of the market factors gives a brief overview of the impact on the demand over the forecast period. In addition to this, the report also studies the opportunities that are available in the report at the global level. An executive summary is also provided based on the industry snapshot for the period from 2021-2027. 

Drivers & Constraints

The Edge AI hardware Industry introduces the building blocks of the report with the influence of market dynamics and functioning and a need to understand customer behavior. The increase and decrease in the product/service budget also play an important role in predicting the future growth of the Edge AI hardware Industry. Besides, the high deployment cost of product/service, and other restraints are also pointed out in the report. The report also studies the value, volume trends and pricing history of the market so that the pattern and layout are also evaluated for the advanced study of the market over the forecast period. 

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

The global Edge AI hardware Industry 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.

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 Industry. The other prominent companies in the Edge AI hardware Industry 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.

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


By component, the market is segmented into CPU, GPU, ASIC, and others. CPU is expected to dominate the Edge AI hardware Industry 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 Industry 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 Industry 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 Industry 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 Industry 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 Industry 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 Industry 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 Industry.

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

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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.

About Us:

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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