The latest research report by Polaris Market Research provides a thorough analysis of a rapidly growing market. It covers all the key market aspects, including Edge AI Hardware Market share, size, drivers, trends, and major developments. Also, it offers market forecasts at the national, regional, and global levels. An in-depth analysis of market segments, along with an examination of the market performance across major regions and sub-regions, has been included in the study. The report provides insights into strategic developments to help stakeholders devise effective operating strategies.
The report includes a thorough value chain analysis to help readers gain crucial information on the outbound and inbound market logistics. Additionally, a thorough examination of key market participants addressing diverse consumer needs has been provided in the study. It further covers the emerging market trends and opportunities market participants can capitalize on. Pictorial representations, including charts, tables, and graphs, have been provided to help readers comprehend the key stats and other data easily.
According to the research report, the global edge AI hardware market was valued at USD 1,156.82 million in 2022 and is expected to reach USD 7,977.31 million by 2032, to grow at a CAGR of 21.4% during the forecast period.
Market Dynamics:
This section of the research report sheds light on the evolution of the market, covering how market participants are responding to technological shifts. The impact of the shifting market landscape and globalization has been provided in the study. Also, all the key factors driving Edge AI Hardware market growth have been covered.
The report covers major market trends and opportunities market participants can capitalize on. Additionally, it presents crucial information on market restraints and challenges and how businesses can navigate them. Furthermore, an analysis of technological advancements and regulatory shifts and their impact on market demand has been included in the study.
Competitive Landscape:
This section of the research report offers insights into the competitive landscape of the market. It analyzes the Edge AI Hardware market key players, covering all the key aspects such as company overview, financials, and market potential. Besides, other factors such as manufacturing facilities and production capacities, have been detailed in the study. The report uses key methodologies such as Porter’s Five Forces Analysis and SWOT analysis to examine the competitive forces in the market. All the major market developments, including acquisitions, mergers, and partnerships, have been covered in the report.
Future Scope:
The Edge AI hardware market is expected to thrive with the increasing adoption of real-time AI processing, low-latency computing, and IoT applications. Advancements in AI accelerators, neuromorphic computing, and energy-efficient edge processors will drive market expansion. The rise of 5G, autonomous vehicles, and smart devices will further enhance the demand for Edge AI hardware solutions.
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A few of the key players operating in the market are:
- Apple Inc.
- MediaTek
- Qualcomm Technologies
- Huawei technologies
- Samsung Electronics
- NVIDIA
- Google Corporation
- Microsoft Corporation
- Imagination Technologies
- Cambricon Technologies
- Xilinx Inc.
- Intel Corporation
- Advanced Micro Devices
- IBM Corporation
Research Methodology:
The research methodology involves the collection of crucial data and information by expert analysts. The collected data is then carefully filtered to offer an accurate and reliable Edge AI Hardware market analysis. The primary research technique involves interviews with leading market participants to make it both practical and relevant. Besides, secondary research has been included to provide insights into the demand and supply connection. Publicly available data sources such as annual reports and white papers have also been used to provide an insightful market analysis.
Top Features of Edge AI Hardware Market Report:
• In-depth market analysis covering all the key market aspects
• Historical, current, and projected market size in terms of value and volume
• Detailed market segmentation covering all the major market segments
• Thorough examination of major market developments
• Assessment of the product offerings of market players and their operating strategies
• Includes classification of potential new clients or partners in the target demographic
Recent Development:
- In May 2022, Intel’s Habana Labs announced the launch of its new second-generation AI deep learning processors for training and inferencing. The newly developed processors come with high performance and high-efficiency deep learning choices across data centers while lowering the entry barriers for new and small size companies.
- In September 2022, OmniML announced about the availability of “Omnimizer”, a platform that simplifies and enhance the ML operations by addressing process gap between ML models & edge hardware. It will allow ML engineers to focus more on the model design and training without any need to be worry about complex details regarding hardware deployment and further eliminates the inefficiencies leading to the slow deployment.
𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐥 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬:
The research study includes segmental analysis that divides the market into distinct groups or segments based on common characteristics. With market segmentation, businesses can identify specific customer groups that are more likely to be interested in specific products or services. Also, it enables these businesses to focus their marketing efforts and resources more efficiently, leading to higher conversion rates and improved return on investment. Furthermore, segmentation analysis helps companies develop personalized products or services, which can result in increased customer loyalty and improved customer satisfaction.
Edge AI Hardware Market, Device Outlook (Revenue – USD Million, 2019-2032)
- Smartphones
- Surveillance Cameras
- Robots
- Wearable
- Edge Servers
- Smart Speakers
- Automotive
- Smart Mirrors
Edge AI Hardware Market, Function Outlook (Revenue – USD Million, 2019-2032)
- Training
- Inference
Edge AI Hardware Market, Vertical Outlook (Revenue – USD Million, 2019-2032)
- Consumer Electronics
- Smart Home
- Automotive & Transportation
- Government
- Healthcare
- Industrial
- Aerospace & Defense
- Construction
- Others
Key Questions Answered in Report:
• What are the key market growth drivers?
• What are the market projections considering production value and capacity?
• What will be the impact of strategic developments on market growth?
• Who are the Edge AI Hardware market key players?
• What are the major market trends that can be used to maximize revenue?
• Which research methodologies have been used while prepearing the research report?
• Who could benefit from the research report?
Edge AI Hardware market research report provides an in-depth analysis by covering all the major market aspects. All the stats and information presented in the study go through a multi-step verification method to ensure accuracy and reliability. The report is a must-read for policymakers, suppliers, stakeholders, and anyone involved or interested in the market.
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