Insights on the Artificial Intelligence Edge Device Global Market to 2028- Intel Corporation, Huawei Technologies, MediaTek, Xilinx

Global Artificial Intelligence Edge Device Market delivers a detailed evaluation of the business vertical in question, alongside a brief overview of the industry segments. An extremely workable estimation of the present industry scenario has been delivered in the study, and the Artificial Intelligence Edge Device market size with regards to the revenue and sales, demand have also been mentioned. Overall, the research report is a gathering of key data with regards to the competitive landscape of these multiple regions where the business has successfully recognized its position.

Artificial Intelligence Edge Device industry grows $9.09 billion in 2020, and is expected to reach $59.63 billion by 2028, witnessing a CAGR of 21.5 % from 2021 to 2028

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Some of the Key participants in the global Artificial Intelligence Edge Device market include: Intel Corporation, Huawei Technologies, MediaTek, Xilinx, NVIDIA Corporation, Microsoft Corporation, Samsung Electronics, Imagination Technologies Limited, Google

News and Updates

In April 2021, Intel announced the launch of its 3rd Gen Intel Xeon Scalable processor that would deliver a balanced architecture with built-in artificial intelligence, crypto acceleration, and advanced security capabilities.

In November 2020, Hyundai Motor (South Korea) partnered with NVIDIA to use NVIDIA DRIVE infotainment and AI platforms for its future Hyundai, Kia, and Genesis models.

Market Overview

Increased demand for low latency and real-time processing on edge devices, the emergence of AI coprocessors for edge computing, reduction in data storage and operations costs, increase in enterprise workloads on the cloud, and rapid growth in the number of intelligent applications are all factors driving the growth of the edge AI hardware market.

The consumer electronics segment holds a major share in terms of volume. This is due to the rising consumer spending and demand for consumer electronics. The demand for smartphones, smart wearables, and other devices is witnessing strong growth. Moreover, the innovation and development of new use cases for edge AI could lead to the high growth of consumer electronics in the edge AI hardware market. In edge AI, machine learning algorithms use device-generated data and process the data in the device. This reduces latency and leads to real-time, automated decision-making. Applications that require real-time data processing will benefit from the fact that edge AI allows real-time operations such as data generation, learning, and inference

Artificial Intelligence Edge Device Market Segmentation:

Artificial Intelligence Edge Device Market Fragmented By Types

CPU

GPU

ASIC

Artificial Intelligence Edge Device Market Fragmented By Applications

Consumer Electronics

Smart Home

Automotive and Transportation

Healthcare

Industrial

Aerospace & Defence

Regional and Country-level Analysis

The Artificial Intelligence Edge Device Market report deals with complete geographical analysis of the global Artificial Intelligence Edge Device market, covering significant regions, viz, North America, Europe, China, and Japan. This report also covers key countries (regions), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Inonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc.

Strategic Points Covered in TOC:

The report focuses on global major leading industry players with information such as company profiles, product picture, and specification, capacity, production, price, cost, revenue, and contact information. Upstream raw materials, equipment, and downstream consumers analysis is also carried out. What's more, the Artificial Intelligence Edge Device industry development trends and marketing channels are analyzed. To conclude, the feasibility of new investment projects is evaluated, and overall research assumptions are offered.

Artificial Intelligence Edge Device market research includes the a methodical description of the various factors such as the market growth and detailed information about the different company's revenue, developments, production, and the various other strategic developments. The regional spaces of important components, including the capability, cost, price, technology, supplies, profit, and competition are analyzed.

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Artificial Intelligence Edge Device Market Analysis and Strategies Carry Out as below:

The report explains a gist of the tried-and-tested as well as innovative strategies undertaken by potential stakeholders with regards to the marketing of the product.
The sales channels chosen (that include direct as well as indirect marketing) by the companies are briefly enumerated in the Artificial Intelligence Edge Device market report.
The suppliers of these products and a gist of the top-of-the-notch customers for the same are also encompassed in the study.
The report is inclusive of the pivotal driving forces influencing the commercialization landscape of the Artificial Intelligence Edge Device market and their impact on the revenue scale of this business sphere.
The rising product demand from the key geographies as well as the pivotal applications and potential business arenas are also included in the Artificial Intelligence Edge Device Market report.

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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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