Press release
Embedded AI Market Rising Trends, Key Leading Players, Trends Analysis, Industry Share And Forecast To 2033
Embedded AI Market Overview
Embedded AI Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $23.05 billion In 2028 At A CAGR Of 12.1%.
The embedded ai market size has grown rapidly in recent years. It will grow from $13.04 billion in 2023 to $14.6 billion in 2024 at a compound annual growth rate (CAGR) of 12.0%. The growth in the historic period can be attributed to miniaturization of hardware components, increasing demand for smart devices, growing connectivity and iot, improvements in edge computing, rise of wearable devices.
The embedded ai market size is expected to see rapid growth in the next few years. It will grow to $23.05 billion in 2028 at a compound annual growth rate (CAGR) of 12.1%. The growth in the forecast period can be attributed to enhanced energy efficiency in embedded systems, expansion of industrial automation, increased demand for edge ai in healthcare, expansion of 5g networks, enhanced security measures in embedded ai
. Major trends in the forecast period include integration of ai in consumer electronics, development of ai-optimized processors, advances in semiconductor technology, ai-optimized microcontrollers, edge ai in robotics and drones, edge ai for sustainable and green computing.
Request A Sample Of This Report - https://www.thebusinessresearchcompany.com/sample.aspx?id=12700&type=smp
Embedded AI Market Major Segments
The embedded ai market covered in this report is segmented -
1) By Offering: Hardware, Software, Services
2) By Data Type: Sensor Data, Image And Video Data, Numeric Data, Categorial Data, Other Data Types
3) By Application: Smart Phone, Wearable Device, Vehicle Electronics, Smart Home, Security Monitoring, Drone, Robot, Other Applications
4) By Vertical: Banking, Financial Services And Insurance (BFSI), Information Technology (IT) And Information Technology Enabled Services (ITES), Retail And Ecommerce, Manufacturing, Healthcare And Life Sciences, Media And Entertainment, Telecom, Automotive, Other Verticals
Key Driver - Rise In Industrial Automation To Drive Market Growth
An increase in industrial automation is expected to propel the growth of the embedded AI market going forward. Industrial automation uses advanced technologies, control systems, and machinery to automate industrial processes and operations. Embedded AI is widely used in industrial automation to enhance productivity, efficiency, and decision-making in manufacturing and production processes. It is used for machine vision, quality control, predictive maintenance, and robotics automation. For instance, in February 2022, according to the International Federation of Robotics, a Germany-based non-profit organization, 23,000 industrial robots were operating in UK factories in 2021, an increase of 6% from the previous year. Further, sales of new robots were up by 8% to 2,205 units in 2020. Therefore, the increase in industrial automation is driving the growth of the embedded AI market.
Customise This Report As Per Your Requirements - https://www.thebusinessresearchcompany.com/Customise?id=12700&type=smp
Prominent Trend - Product Innovations Transforming The Embedded AI Market
Innovation of technological products are a key trend gaining popularity in the embedded AI market. Major companies operating in the embedded AI market are focused on developing innovative technological products to sustain their position in the market. For instance, in May 2023, Cognex Corporation., a US-based system software company, launched the Advantage 182 vision system, an embedded AI-based vision system. This innovative product is designed to automate complex location, classification, and inspection tasks in the life sciences industry. The Advantage 182 includes advanced machine vision, barcode reading, and edge learning technology to automate tasks, from simple presence/absence detection and track-and-trace applications to high-precision alignment and complex color inspections. Additionally, it includes such application features as test tube detection and classification, measuring the phases of centrifuged blood, and identifying pathology samples.
Embedded AI Market Players
Major companies operating in the embedded ai market report are Google LLC, Microsoft Corporation, Amazon Web Services Inc., Siemens, Intel Corporation, International Business Machines Corporation (IBM), Qualcomm Technologies Inc., Oracle Corporation, SAP SE, HPE (Hewlett Packard Enterprise), Nvidia Corporation, Salesforce, Advanced Micro Devices Inc, MediaTek Inc., Adobe Inc, STMicroelectronics NV, NXP Semiconductors NV, Renesas Electronics Corporation, Synopsys Inc., Xilinx Inc., Arm Limited., HiSilicon, Lattice Semiconductor, SenseTime, C3.ai, Appier, NeuroPace, AU-Zone Technologies, LUIS Technology, VectorBlox Computing Inc.
View The Full Report Here - https://www.thebusinessresearchcompany.com/report/embedded-ai-global-market-report
Largest And Fastest Growing Region In The Market
North America was the largest region in the embedded AI market in 2023. The regions covered in the embedded ai market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Embedded AI Market Report Structure
3. Embedded AI Market Trends And Strategies
4. Embedded AI Market - Macro Economic Scenario
5. Embedded AI Market Size And Growth
…..
27. Embedded AI Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Embedded AI Market Rising Trends, Key Leading Players, Trends Analysis, Industry Share And Forecast To 2033 here
News-ID: 3526399 • Views: …
More Releases from The Business research company
Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Company Registration Service Market Through 2025?
The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth…
Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025?
In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of…
Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025?
The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in…
Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025?
In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth…
More Releases for Embedded
Embedded Systems Market
According to Market Research Intellect, the global Embedded Systems market under the Aerospace and Defense category is expected to register notable growth from 2025 to 2032. Key drivers such as advancing technologies, changing consumer behavior, and evolving market dynamics are poised to shape the trajectory of this market throughout the forecast period.
The embedded systems market is witnessing strong growth, fueled by rapid advancements in electronics, automation, and digital technologies. These…
Embedded Systems Market
According to Market Research Intellect, the global Satellite Communication Terminal market under the Aerospace and Defense category is expected to register notable growth from 2025 to 2032. Key drivers such as advancing technologies, changing consumer behavior, and evolving market dynamics are poised to shape the trajectory of this market throughout the forecast period.
The satellite communication terminal market is experiencing steady growth, driven by the rising demand for high-speed connectivity across…
Embedded Motherboard Market 2023 Key Players: Advantech, Kontron, Abaco, Artesyn …
Embedded Motherboard Market 2023 is a wide-ranging and object-oriented report by MarketsandResearch.biz enfolds expansive evaluation of the market offering an analysis of the market revenue, segmentation, and market players. The report covers and determines the market growth and market share for the estimated forecast period of 2029. The report is framed after the combination of an admirable industry experience, talent solutions, industry insight, and most modern tools and technology. The…
According to PayNXT360's Q4 2021 Embedded Finance Survey, the Embedded Finance I …
According to PayNXT360's Q4 2021 Embedded Finance Survey, Embedded Finance industry in the country is expected to grow by 42.5% on annual basis to reach US$4,700.8 million in 2022.
The embedded finance industry is expected to grow steadily over the forecast period, recording a CAGR of 25.2% during 2022-2029. The embedded finance revenues in the country will increase from US$4,700.8 million in 2022 to reach US$15,878.2 million by 2029.
This report provides…
The Denmark Embedded Finance Market is Expected to Record a Growth of 29.5% in 2 …
According to PayNXT360's Q4 2021 Embedded Finance Survey, Embedded Finance industry in the country is expected to grow by 29.5% on annual basis to reach US$659.3 million in 2022.
The embedded finance industry is expected to grow steadily over the forecast period, recording a CAGR of 18.0% during 2022-2029. The embedded finance revenues in the country will increase from US$659.3 million in 2022 to reach US$1,617.8 million by 2029.
This report provides…
Embedded Processor Market
The recent report published by Reports and Data comprises of an in-depth assessment of the Global Embedded Processor Market. It assesses the ever-changing market dynamics and overall development of the industry. The report is fabricated with thorough primary and secondary research and is updated with the latest and emerging market trends to offer the readers opportunities to capitalize on the current market environment. For a thorough analysis, the market has…
