Dublin, Feb. 24, 2025 (GLOBE NEWSWIRE) -- The "Edge AI Hardware - Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering.
The global market for Edge AI Hardware was sized at 2.3 Billion Units in 2024 and is projected to reach 6 Billion Units by 2030, growing at a CAGR of 17.6% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
Report Features:
Growth in the edge AI hardware market is driven by several factors, including technological advancements, expanding use cases across diverse sectors, and the increasing demand for real-time data processing. Continuous improvements in semiconductor technology have led to more powerful and energy-efficient processors, enabling advanced AI functionalities on compact, low-power edge devices. The rise of IoT and smart devices has fueled demand for edge AI hardware, as industries seek local data processing capabilities to reduce latency, bandwidth usage, and energy consumption.
Consumer expectations for fast, reliable, and private data processing on personal devices are also driving the adoption of edge AI hardware in consumer electronics, from smart home systems to wearable devices. Furthermore, the industrial sector is embracing edge AI hardware for predictive maintenance, quality control, and real-time monitoring, while the automotive sector relies on it to enhance safety and performance in autonomous and semi-autonomous vehicles.
In healthcare, edge AI hardware enables the secure, real-time analysis of patient data on medical devices, which aligns with regulatory compliance and privacy concerns. Additionally, the advent of 5G networks has opened new opportunities for edge AI hardware in telecommunications, supporting low-latency applications in VR, AR, and mobile gaming. Smart city initiatives are also promoting the use of edge AI for real-time data processing in urban infrastructure, such as traffic management, surveillance, and environmental monitoring.
As more sectors recognize the value of processing data at the edge for faster, more efficient operations, the edge AI hardware market is poised for sustained growth, driven by a combination of innovation in AI processing technology and the expanding scope of real-time applications across industries.
Report Scope
The report analyzes the Edge AI Hardware market, presented in terms of market value (US$ Thousand). The analysis covers the key segments and geographic regions outlined below.
Segments
Processors (CPU, GPU, ASIC, Other Processors); Process (Inference, Training); End-Use (Consumer Electronics, Smart Home, Automotive & Transportation, Government, Healthcare, Industrial, Other End-Uses).
Geographic Regions/Countries
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.
Key Insights:
Key Questions Answered:
Some of the 34 major companies featured in this Edge AI Hardware market report include:
Key Attributes
Report Attribute | Details |
No. of Pages | 89 |
Forecast Period | 2024-2030 |
Estimated Market Value in 2024 | 2.3 Billion Units |
Forecasted Market Value by 2030 | 6 Billion Units |
Compound Annual Growth Rate | 17.6% |
Regions Covered | Global |
MARKET OVERVIEW
MARKET TRENDS & DRIVERS
For more information about this report visit https://www.researchandmarkets.com/r/rmo39p
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