Edge AI Hardware Market size is Expected to Grow $38.87 Billion by 2030 | Growing at a CAGR of 18.8%

Allied Market Research published a report on the Edge AI Hardware Market by Component, Device Type, Process, and End User: Global Opportunity Analysis and Industry Forecast, 2021-2030.

The global edge AI hardware market size was valued at $6.88 billion in 2020, and is projected to reach $38.87 billion by 2030, registering a CAGR of 18.8% from 2021 to 2030.

Download Research Report Sample:
https://www.alliedmarketresearch.com/request-sample/13476

Edge AI hardware is a device that can take decisions & process data independently without any external connection. These edge AI hardware does not have any issue of bandwidth and latency of real-time data, which influence application execution. Real time operations are very crucial in robots and self-driving cars among other applications.

Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. North America contributed maximum revenue in 2020. However, in between 2020 and 2030, the edge AI hardware market in Asia-Pacific is expected to grow at a faster rate as compared to other regions. This is attributed to increase in demand from emerging economical countries such as India, China, Japan, Taiwan, and South Korea.

Report Overview:
https://www.alliedmarketresearch.com/edge-ai-hardware-market-A13111

The outbreak of COVID-19 has significantly affected the electronics and semiconductor sector. Business and manufacturing units across various countries were closed, owing to increase in number of COVID-19 cases, and are expected to remain closed in 2021. Furthermore, partial or complete lockdown has disrupted global supply chain posing challenges for manufactures to reach customers.

Competitive Analysis:
The edge AI hardware industry key market players adopt various strategies such as product launch, product development, collaboration, partnership, and agreements to influence the market. It includes details about the key players in the market's strengths, product portfolio, market size and share analysis, operational results, and market positioning.

Some of the major key players of the global edge AI hardware market include,
⦁ Huawei Technologies Co., Ltd. (Huawei)
⦁ Qualcomm Technologies, Inc.
⦁ MEDIATEK, Inc.
⦁ Samsung Electronics
⦁ Microsoft Corporation
⦁ International Business Machines Corporation (IBM)
⦁ NVIDIA Corporation.
⦁ Apple Inc.
⦁ Intel Corporation
⦁ Google LLC (Alphabet Inc.)

Press Release:
https://www.alliedmarketresearch.com/press-release/edge-ai-hardware-market.html

Top Impacting Factors:
Prominent factors that impact the edge AI hardware market growth are rise in investments in AI startups and increase in demand for smart homes & smart cities. In addition, surge in need for automation & safety in organizations drives the edge AI hardware market growth. However, lack of awareness among SMEs restricts the market growth. On the contrary, growth in adoption of robotics technology in emerging countries is expected to create lucrative opportunities for the market.

Key Benefits for Stakeholders:
⦁ This study comprises analytical depiction of the global edge AI hardware market size along with the current trends and future estimations to depict the imminent investment pockets.
⦁ The overall edge AI hardware market analysis is determined to understand the profitable trends to gain a stronger foothold.
⦁ The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
⦁ The current edge AI hardware market forecast is quantitatively analyzed from 2020 to 2030 to benchmark the financial competency.
⦁ Porter's five forces analysis illustrates the potency of the buyers and the edge AI hardware market share of key vendors.
⦁ The report includes the market trends and the market share of key vendors.

Inquiry before Buying:
https://www.alliedmarketresearch.com/purchase-enquiry/13476

Contact:
David Correa
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int'l: +1-503-894-6022
Toll Free: +1-800-792-5285
UK: +44-845-528-1300
India (Pune): +91-20-66346060
Fax: +1-800-792-5285
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

About Us:
Allied Market Research is a top provider of market intelligence that offers reports from leading technology publishers. Our in-depth market assessments in our research reports take into account significant technological advancements in the sector. In addition to other areas of expertise, AMR focuses on the analysis of high-tech systems and advanced production systems. We have a team of experts who compile thorough research reports and actively advise leading businesses to enhance their current procedures. Our experts have a wealth of knowledge on the topics they cover. Also, they use a variety of tools and techniques when gathering and analyzing data, including patented data sources.

This release was published on openPR.