Press release
Edge Artificial Intelligence Chips Market Research Report 2024 - 2033 | Share, Analysis, Insights, Outlook
Edge Artificial Intelligence Chips Market Research
According to The Business Research Company's, The edge artificial intelligence chips market size has grown rapidly in recent years. It will grow from $5.04 billion in 2023 to $5.99 billion in 2024 at a compound annual growth rate (CAGR) of 18.7%. The growth in the historic period can be attributed to applications in medical fields, growing interest and adoption of virtual and augmented reality, popularity of interactive and immersive gaming experiences, advancements in robotics, industrial applications and automation.
The edge artificial intelligence chips market size is expected to see rapid growth in the next few years. It will grow to $11.68 billion in 2028 at a compound annual growth rate (CAGR) of 18.2%. The growth in the forecast period can be attributed to emergence of 5g technology, miniaturization of tracking devices, wider adoption in navigation systems, demand for 3d positioning, increasing adoption of wearables. Major trends in the forecast period include growth of minimally invasive surgical procedures, expansion in oncology applications, adoption in orthopedic surgery, integration with augmented reality and navigation systems, development of portable and wireless tracking systems.
Get The Complete Scope Of The Report @
https://www.thebusinessresearchcompany.com/report/edge-artificial-intelligence-chips-global-market-report
Market Drivers and Trends:
The rise in the volume of data generated through social media and e-commerce platforms is expected to propel the growth of the edge artificial intelligence chips market going forward. The term volume of data in the context of social media and e-commerce platforms refers to the sheer amount or quantity of digital information generated, processed and stored within these platforms. The use of edge AI chips in conjunction with the substantial volume of data from social media and e-commerce platforms enables faster, more personalized, and more secure experiences for users while optimizing platform operations in real time. For instance, in February 2023, according to Forbes, a US-based business magazine, by 2026, 24% of retail purchases are expected to take place online and the e-commerce market is expected to total over $8.1 trillion. Social media commerce is expected to reach $2.9 trillion by 2026. Therefore, the rise in the volume of data generated through social media and e-commerce platforms is driving the growth of the edge artificial intelligence chips Market.
Major companies operating in the edge artificial intelligence chips market are developing innovative platforms, such as edge AI developer platforms, to increase their profitability in the market. An Edge AI developer platform comprises a collection of tools and resources designed to empower developers in the creation and deployment of AI models on edge devices. For instance, in January 2024, Ambarella Inc., a US-based semiconductor company, launched a platform called Cooper Developer Platform. The platform encompasses a preconfigured suite of hardware and software development tools, incorporating Cooper Metal, a range of AI System-on-Chips (SoCs), and board-level hardware solutions. Designers can fully leverage Ambarella's AI performance through user-friendly and comprehensive tools, abstracting the hardware complexities and allowing them to concentrate on product development.
Key Benefits for Stakeholders:
• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
Ready to Dive into Something Exciting? Get Your Free Exclusive Sample of Our Research Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=13645&type=smp
Major Key Players of the Market:
Major companies operating in the edge artificial intelligence chips market report are Apple Inc., Alphabet Inc., Samsung Electronics Co. Ltd., Intel Corp., Qualcomm Technologies Inc., NVIDIA Corp., Advanced Micro Devices Inc., Synopsys Inc., Marvell Technology Group Ltd., Xilinx Inc, Cadence Design Systems Inc., HiSilicon Technologies CO. Ltd, Arm Ltd., Bitmain Technologies Ltd., Imagination Technologies Group plc, Cambricon Technologies Corporation Limited, VeriSilicon Holdings Co. Ltd., Mythic Ltd., Tenstorrent Inc., Sambanova Systems, Hailo Technologies Ltd., Kalray SA, Thinci Inc., Flex Logix Technologies Inc., GreenWaves Technologies, Graphcore Limited
Edge Artificial Intelligence Chips Market 2024 Key Insights:
• The edge artificial intelligence chips market is expected to grow to $11.68 billion in 2028 at a compound annual growth rate (CAGR) of 18.2%.
• Rise In The Volume Of Data Generation through social media and e-commerce platforms Drives The Market
• Focus On Innovative Developer Platforms For Enhanced Profitability
• North America was the largest region in the edge artificial intelligence chips market in 2023
We Offer Customized Report, Click @
https://www.thebusinessresearchcompany.com/Customise?id=13645&type=smp
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 Edge Artificial Intelligence Chips Market Research Report 2024 - 2033 | Share, Analysis, Insights, Outlook here
News-ID: 3672644 • 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 Technologies
IFAS Technologies Market is Booming with Strong Growth Prospects | Veolia Water …
HTF MI introduces new research on IFAS Technologies covering the micro level of analysis by competitors and key business segments (2023-2029). The IFAS Technologies explores a comprehensive study of various segments like opportunities, size, development, innovation, sales, and overall growth of major players. The research is carried out on primary and secondary statistics sources and it consists of both qualitative and quantitative detailing.
Some of the major key players profiled…
GPS Low Noise Amplifiers Market | API Technologies, Broadcom Limited(Avago Techn …
The global gps low noise amplifiers market report is a comprehensive report that provides a detailed analysis of the current status and future trends of the gps low noise amplifiers market worldwide. This report provides valuable information to industry stakeholders by offering an in-depth perspective on market dynamics, competitive landscape, growth opportunities, and key challenges faced by industry participants.
From the perspective of market dynamics, this report explores the factors driving…
What's Driving the Microprinting Market Growth? Hewlett Packard Enterprise, Hita …
Rising awareness regarding counterfeiting in various sectors is expected to increase microprinting market share over 2019-2025. Increasing fraudulent activities with regards with official documents is encouraging implementation of security printing techniques to detect counterfeiting.
According to OECD (Organization for Economic Co-operation & Development), the trade in pirated and counterfeit goods accounts for 3.3% of global trade. The increased frequency of plagiarism is forcing industries to employ security features to assure authenticity…
Global 3D Sensors Market 2020-Infineon Technologies, Microchip Technology, Omniv …
The Global 3D Sensors Market report gives a purposeful depiction of the area by the practice for research, amalgamation, and review of data taken from various sources. The market analysts have displayed the different sidelines of the area with a point on recognizing the top players Infineon Technologies, Microchip Technology, Omnivision Technologies, PMD Technologies, Softkinetic, Asustek Computer, Cognex Corporation, IFM Electronic GmbH, Intel Corporation, LMI Technologies, Microsoft Corporation of the…
Silicon Photonics Market | Infinera, NeoPhotonics, Avago technologies, Luxtera, …
The lucrative opportunity foreseen to boost silicon photonics market mainly is surging demand for data and telecom communication. Key players such as Cisco are observed as making heavy investments in silicon photonics market for attaining large market share and elevating its global position in silicon photonics market at the market’s nascent stage.
HPC (High Performance Computer) and Data Centers to Lead in Silicon Photonics Market
HPC (High Performance Computer) and data centers…
Global 3D Sensor Market 2018 - Omnivision Technologies, Occipital, Infineon Tech …
The report gives the detailed overview of Global "3D Sensor" Market 2018 and predicts future market trends throughout the forecast period from 2018 to 2025. Also the report executes the great study of Price and Gross Margin, Capacity, Production, Revenue, current geographical zones, technology, demand-supply, Consumption, Import, Export, Market Drivers and Opportunities. In this Professional report, we have investigated the principals, players in the market, product type, and market end-client…
