Edge AI Hardware Market Projected to Climb to USD 7,977.31 Million By 2032 with a 21.4% CAGR

𝐄𝐝𝐠𝐞 𝐀𝐈 𝐇𝐚𝐫𝐝𝐰𝐚𝐫𝐞 𝐌𝐚𝐫𝐤𝐞𝐭

𝐓𝐡𝐞 𝐠𝐥𝐨𝐛𝐚𝐥 𝐞𝐝𝐠𝐞 𝐀𝐈 𝐡𝐚𝐫𝐝𝐰𝐚𝐫𝐞 𝐦𝐚𝐫𝐤𝐞𝐭 𝐰𝐚𝐬 𝐞𝐯𝐚𝐥𝐮𝐚𝐭𝐞𝐝 𝐭𝐨 𝐛𝐞 𝐚𝐭 𝐔𝐒𝐃 𝟏,𝟏𝟓𝟔.𝟖𝟐 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝟐𝟎𝟐𝟐. 𝐖𝐢𝐭𝐡 𝐚 𝐂𝐀𝐆𝐑 𝐨𝐟 𝟐𝟏.𝟒%, 𝐢𝐭 𝐢𝐬 𝐞𝐱𝐩𝐞𝐜𝐭𝐞𝐝 𝐭𝐨 𝐠𝐫𝐨𝐰 𝐟𝐫𝐨𝐦 𝐔𝐒𝐃 𝟏,𝟑𝟗𝟔.𝟗𝟖 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝟐𝟎𝟐𝟑 𝐭𝐨 𝐔𝐒𝐃 𝟕,𝟗𝟕𝟕.𝟑𝟏 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝟐𝟎𝟑𝟐. 𝐀 𝐟𝐞𝐰 𝐫𝐞𝐚𝐬𝐨𝐧𝐬 𝐟𝐨𝐫 𝐭𝐡𝐞 𝐬𝐮𝐜𝐜𝐞𝐬𝐬𝐟𝐮𝐥 𝐠𝐫𝐨𝐰𝐭𝐡 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐦𝐚𝐫𝐤𝐞𝐭 𝐚𝐫𝐞:

• The significant increase in the need for low latency and real-time processing across numerous edge devices is elevating the demand for edge AI hardware market.
• The rising workloads of companies on the cloud, along with the launch of numerous intelligent applications in the market, are generating growth opportunities for the global market.
• The swift rollout of 5G networks for various applications is expected to lead to a higher volume of data sent to data centers, consequently boosting the market demand for edge AI hardware.
• The increasing demand for low latency and real-time transmission in essential applications across multiple sectors is expected to drive the market.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐅𝐨𝐫 𝐚 𝐒𝐚𝐦𝐩𝐥𝐞 𝐰𝐢𝐭𝐡 𝐀𝐧 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐋𝐨𝐨𝐤 𝐚𝐭 𝐭𝐡𝐞 𝐋𝐚𝐭𝐞𝐬𝐭 𝐓𝐫𝐞𝐧𝐝𝐬 𝐚𝐧𝐝 𝐔𝐩𝐜𝐨𝐦𝐢𝐧𝐠 𝐀𝐝𝐯𝐚𝐧𝐜𝐞𝐦𝐞𝐧𝐭𝐬:
https://www.polarismarketresearch.com/industry-analysis/edge-ai-hardware-market/request-for-sample

𝐖𝐡𝐚𝐭 𝐈𝐬 𝐄𝐝𝐠𝐞 𝐀𝐈 𝐇𝐚𝐫𝐝𝐰𝐚𝐫𝐞?

Edge AI hardware refers to specialized computing devices, like sensors or IoT devices, that can run artificial intelligence algorithms locally, processing data directly at the source (the edge of a network) instead of sending it to a centralized cloud server, allowing for real-time decision-making. Essentially, it's the physical component that enables AI on the edge by performing machine learning tasks on the device itself, often with limited power and processing capabilities. This makes it ideal for applications like smart home appliances, wearable devices, and industrial automation, where immediate response is crucial. Examples of edge devices include smartphones, smart sensors, industrial robots, drones, security cameras, and dedicated edge gateways.

𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 𝐢𝐧 𝐌𝐚𝐫𝐤𝐞𝐭:

• Apple Inc.
• MediaTek
• Qualcomm Technologies
• Huawei technologies
• Samsung Electronics
• NVIDIA
• Google Corporation
• Microsoft Corporation
• Imagination Technologies
• Cambricon Technologies
• Xilinx Inc.
• Intel Corporation
• Advanced Micro Devices
• IBM Corporation

𝐍𝐞𝐞𝐝 𝐌𝐨𝐫𝐞 𝐈𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧? 𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐦𝐨𝐫𝐞 𝐚𝐛𝐨𝐮𝐭 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭 𝐛𝐞𝐟𝐨𝐫𝐞 𝐩𝐮𝐫𝐜𝐡𝐚𝐬𝐞:
https://www.polarismarketresearch.com/industry-analysis/edge-ai-hardware-market/inquire-before-buying

𝐄𝐝𝐠𝐞 𝐀𝐈 𝐇𝐚𝐫𝐝𝐰𝐚𝐫𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬

• Smartphones segment accounted highest market share in 2022 owing to the proliferation for advanced features in smartphones and high adoption of innovated processors
• Training segment held the majority market share in 2022, on account of its ability to enable machines performing tasks like humans and processing large data very quickly
• Consumer electronics segment dominated the global market, which is mainly driven by higher integration of advanced AI technology in numerous applications due to its innovated capabilities
• Asia Pacific region is expected to witness highest growth rate during the forecast period on account of the widespread presence of manufacturing companies and higher spending on technological advancements in countries like India and China

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬

In 2022, North America led the global edge AI hardware market. This can be attributed to elevated latency caused by network congestion, a considerable reliance on IoTs, the necessity for quicker device processing, and the embrace of edge AI in the area.

• North America (U.S., Canada)
• Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
• Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
• Latin America (Brazil, Mexico, Argentina)
• Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)

𝐁𝐫𝐨𝐰𝐬𝐞 𝐅𝐮𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭:
https://www.polarismarketresearch.com/industry-analysis/edge-ai-hardware-market

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐥 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰

• The edge AI hardware market is segmented based on device, processor, function, verticals, and region.
• The smartphone segment based on devices has achieved the largest revenue share in 2022. This increase can be associated with the initial use of different AI chips or processors and advanced technologies in image recognition, real-time speech, and voice recognition, along with the rising penetration and sales of 5G-enabled smartphones worldwide.
• Based on vertical, the automotive and transportation segment is expected to witness the fastest growth during the forecast period, driven by a significant increase in the adoption of new processor cars and driverless vehicles for convenience.

𝐓𝐨𝐩 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐨𝐟 𝐏𝐨𝐥𝐚𝐫𝐢𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:

Security Orchestration Automation and Response (SOAR) Market:
https://www.polarismarketresearch.com/industry-analysis/security-orchestration-automation-and-response-soar-market
AI in Governance Market:
https://www.polarismarketresearch.com/industry-analysis/ai-in-governance-market
Manufacturing Operations Management Software Market:
https://www.polarismarketresearch.com/industry-analysis/manufacturing-operations-management-software-market
Anime Market:
https://www.polarismarketresearch.com/industry-analysis/anime-market
Decarbonization Market:
https://www.polarismarketresearch.com/industry-analysis/decarbonization-market

𝐀𝐛𝐨𝐮𝐭 𝐏𝐨𝐥𝐚𝐫𝐢𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 & 𝐂𝐨𝐧𝐬𝐮𝐥𝐭𝐢𝐧𝐠, 𝐈𝐧𝐜:

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