Press release
Global Edge AI Hardware Market Outlook 2019: Business overview, Industry insights, Upcoming trends and Top company analysis forecast by 2026
In order to estimate and validate the size of the Edge AI Hardware market, top-down and bottom-up approaches were used to estimate the size of other dependent submarkets on the overall market. This Edge AI Hardware report includes value (2245.87$ million) and volume (K units) estimates of the market size. Secondary research identified key market players and their market share was determined by primary and secondary research. All percentage shares, divisions and breakdowns were identified and verified from primary sources from secondary sources. In key areas such as North America, Europe, Asia Pacific, Near East and Africa, this report examines the size of the global market. This top player and brand, region, type and end user research report classifies Edge AI Hardware 's world market. This report also examines the global status of the Edge AI Hardware market, competitive environment, market shares, growth rates, future trends, market drivers, opportunities and challenges, channels of sales and distributors.Competitive Analysis:
Global Edge AI Hardware Market is expected to rise from its initial estimated value of 513.01 million units in 2018 to an estimated value of 2245.87 million units by 2026, registering a CAGR of 20.27% in the forecast period of 2019-2026. This rise in market value can be attributed to the growth in demand of edge computing products and services due to the significant prevalence of IoT in the industries.
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Key Players: Global Edge AI Hardware Market
videantis GmbH; Qualcomm Technologies, Inc.; NVIDIA Corporation; Premier Farnell Limited; Micron Technology, Inc.; Alphabet Inc.; SecureRF Corporation; Microsoft; Xilinx Inc.; Intel Corporation; Huawei Technologies Co., Ltd.; SAMSUNG; Apple Inc.; Arm Limited; MediaTek Inc.; Applied Brain Research, Inc.; Horizon Robotics; Cadence Design Systems, Inc.; CEVA, Inc.; Imagination Technologies Limited; Synopsys, Inc.; Thinci; General Vision; Mythic; Adapteva, Inc.; Tenstorrent Inc and VeriSilicon Limited and others
Key Developments in the Market:
In March 2019, NVIDIA Corporation announced the launch of an AI computer termed as “Jetsen Nano”, it is a computing board that will find its application in robots and AI-powered devices, without the need for outside interference for faster processing.
In March 2019, Alphabet Inc.’s subsidiary Google unveiled a number of new hardware products for AI development. The products include development board, USB accelerator and 5-megapixel camera. These products though haven’t yet been officially announced by the company but were unveiled under a new brand name “Coral”.
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Table of Contents-Snapshot
- Executive Summary
Chapter 1 Industry Overview
Chapter 2 Industry Competition by Manufacturers
Chapter 3 Industry Production Market Share by Regions
Chapter 4 Industry Consumption by Regions
Chapter 5 Industry Production, Revenue, Price Trend by Type
Chapter 6 Industry Analysis by Applications
Chapter 7 Company Profiles and Key Figures in Industry Business
Chapter 8 Industry Manufacturing Cost Analysis
Chapter 9 Marketing Channel, Distributors and Customers
Chapter 10 Market Dynamics
Chapter 11 Industry Forecast
Chapter 12 Research Findings and Conclusion
Chapter 13 Methodology and Data Source
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Segmentation: Global Edge AI Hardware Market
• By Device
• Smartphones, Cameras, Robots, Wearables, Smart Speaker, Automotive, Smart Mirror
• By Processors
• Central Processing Unit (CPU), Graphics Processing Unit (GPU), Application-Specific Integrated Circuit (ASIC), Others
• By Power Consumption
• Less than 1W, 1-3W, 3-5W, 5-10W, More than 10W, By Process, Training, Inference
• By End-User Industry
• Consumer Electronics, Smartphones, Wearables, Entertainment Robots, Smart Home, Smart Speaker, Smart Camera , Domestic Robots, Automotive & Transportation, Surveillance Camera, Logistics Robots, Government, Surveillance Camera, Drones, Healthcare, Medical , Robots, Wearables, Industrial, Industrial Robots, Drones, Cameras, Aerospace & Defense, Service Robots, Construction, Service Robots, Drones, Surveillance Camera, Robots, Wearables, Smart Mirror
• By Geography
• North America, South America, Europe, Asia-Pacific, Middle East and Africa
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Market Drivers:
Growth in demand for faster and efficient edge hardware devices that require lower processing time in AI applications; this factor is expected to act as a driver for the market growth
Reduced costing and innovations in products available in the market is expected to drive the market growth
Market Restraints:
Lack or dearth of professionals that are skilled or knowledgeable enough on AI and edge computing; this factor is expected to restrain the market growth
Lack of training or skills for the operations of devices and equipments’ integration in various AI devices; this factor is expected to restrain the market growth
Competitive Analysis:
Global edge AI hardware market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of edge AI hardware market for global, Europe, North America, Asia-Pacific and South America.
Customization of the Report: Global Edge AI Hardware Market report can be customized to meet the client’s requirements. Please connect with us (sopan.gedam@databridgemarketresearch.com), we will ensure that you get a report that suits your needs.
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