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Edge AI Box Market: Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Report
Edge AI Box Market SizeAccording to new survey, global Edge AI Box market is projected to reach US$ 1374.5 million in 2029, increasing from US$ 806 million in 2022, with the CAGR of 7.9% during the period of 2023 to 2029.
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Edge AI Box Market
The Edge AI Box market is experiencing significant growth and is expected to continue expanding in the coming years. The market is primarily driven by the increasing demand for real-time data processing and analysis at the edge of the network, as well as the growing adoption of AI-powered applications in various industries. The market for Edge AI Boxes is witnessing strong growth across various regions. North America is currently the largest market, driven by the presence of major tech companies and the early adoption of AI technologies. Europe is also a significant market, with countries like Germany, France, and the UK leading the adoption of edge AI solutions. The Asia-Pacific region is expected to witness the highest growth rate, primarily due to the rapid digital transformation and increasing investments in AI technologies in countries like China, Japan, and South Korea. The Edge AI Box market is highly competitive, with several key players dominating the market. These companies have a strong presence in the AI industry and offer a wide range of edge AI solutions. However, there are also several smaller players and startups that are entering the market, offering specialized edge AI Box solutions for specific industries or use cases. The Edge AI Box market presents several opportunities for growth.
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Segment by Type
• GPU-based Edge AI Box
• FPGA-based Edge AI Box
• ASIC-based Edge AI Box
• CPU-based Edge AI Box
• Other
Segment by Application
• Industrial Automation
• Smart Cities
• Retail
• Autonomous Vehicles
• Agriculture
• Transportation and Logistics
• Security and Surveillance
• Other
By Company
Qualcomm, Hailo, Intel, Advantech, Thundercomm, Milesight, Inventec, AAEON, 3DiVi, Edgematrix, ThunderSoft, JWIPC, Xy-idrive, VVDN, VIVOTEK, SEFORM ELECTRONICS, Econe, Litemax, Axiomtek
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