Press release
Edge AI Hardware Market 2021 Disclosing Latest Trends and Advancement Outlook 2026
The Edge AI Hardware Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the Edge AI Hardware market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the Edge AI Hardware market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the Edge AI Hardware market.The edge AI hardware market is anticipated to witness a CAGR of 20.3% over the forecast period 2021 - 2026.
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Top Leading Companies of Edge AI Hardware Market are - Intel Corporation, Huawei Technologies Co., Ltd., Nvidia Corporation, Advanced Micro Devices, Inc., Baidu, Inc, Alphabet Inc., Qualcomm Incorporated, Samsung Group, Apple Inc., Amazon.com, Inc., Alibaba Group Holding Limited, Continental AG, Denso Corporation, Robert Bosch GmbH, KALRAY Corporation, MediaTek Inc., Xilinx Inc. and others.
Industry News and Updates:
- March 2019 - NVIDIA published Jetson Nano, an edge computing production for machine learning (ML) inferencing. It enables the development of millions of new small, low-power AI systems in embedded IoT applications, including entry-level Network Video Recorders (NVRs), home robots.
- May 2019 - Kneron, an AI startup focussed on edge AI solutions unveiled 3D artificial intelligence solution and edge AI chip KL520 with n idea to provide AI solutions for the smart home, smart surveillance, smartphones, robots, drones, and IoT devices.
- September 2018 - Intel in collaboration with Alibaba Cloud launched a Joint Edge Computing Platform. Enterprises would be able to develop customizable device-to-cloud IoT solutions for different edge computing scenarios with the help of the platform, including industrial manufacturing, smart building, and smart community.
Key Market Trends:
Surveillance Cameras Segment is Expected to Grow at Significant Rate
- Governmental bodies across the world, are embracing advanced technologies to address the important aspect of ensuring the security and safety of citizens. Surveillance serves to be a key factor in the process. Some of the major devices for edge AI hardware used by government agencies for the purpose includes surveillance cameras and drones.
- With the ever-increasing population, environmental damage, and criminal activities, cities are facing new challenges each day, and this has resulted in the need for surveillance cameras. These are very much required for the prevention of incidents such as crime, burglary, and vandalism. Besides, governments also use surveillance cameras for enforcement of the law by analyzing the behavior, face recognition.
Asia-Pacific to be the Fastest Growing Region
- Asia-Pacific region is expected to experience the highest growth rate in the global edge AI hardware market. The growing penetration of smartphones in China, Japan, India, and South Korea is expected to increase the adoption of AI processor-enabled smartphones. Moreover, the region is also the most significant market for surveillance cameras owing to the tightened control over the Internet and digital communication by the governments in the respective countries.
- China is the largest market in the region, followed by Japan. Presence of several significant vendors in the automobile, electronics, and semiconductor companies, who are investing significantly in the AI technology, is driving the growth of the edge AI hardware market in the region.
Investigator Observers Strong Growth in Specific Regions:
– Europe Market (Germany, UK, France, Russia, Italy)
– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)
– South America Market (Brazil, Argentina, Colombia)
– North America Market (United States, Canada, Mexico)
– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).
The Latest Industry Data Included in this Report:
- Edge AI Hardware Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Edge AI Hardware Market (%),2016 - 2026
- Edge AI Hardware Market Share, By Brand
- Edge AI Hardware Market Share, By Company
- Edge AI Hardware Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Edge AI Hardware Market Value Analysis & Forecast
- Promising Edge AI Hardware Development by Major Companies
- Detailed Edge AI Hardware Portfolio of the Major Companies
- Major Deals in the Edge AI Hardware Market
- Major Companies Analysis
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We Offer Customization on Report Based on Specific Client Requirement:
- Country Level analysis for any 5 countries of your choice.
- Competitive analysis of any 5 key market players.
- 40 analyst hours to cover any other data point.
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Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com
About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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