Rise In The Volume Of Data Generation Through Social Media And E-Commerce Platforms Drives The Market: An Emerging Driver Transforming The Edge Artificial Intelligence Chips Market Landscape

The Edge Artificial Intelligence Chips Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Projected Growth of the Edge Artificial Intelligence Chips Market?
In recent times, there has been a substantial expansion in the market size of the edge artificial intelligence chips. The market is anticipated to increase from $5.99 billion in 2024 to $7.08 billion in 2025, marking a compound annual growth rate (CAGR) of 18.2%. Factors such as use in the medical industry, burgeoning interest and adoption of virtual and augmented reality, the appeal of engaging and immersive gaming experiences, progress in robotics, as well as industrial applications and automation have all contributed to this historic growth period.

Predictions indicate a swift expansion in the edge artificial intelligence chips market over the coming years, with a forecasted increase to $13.83 billion in 2029 and a compound annual growth rate (CAGR) of 18.2%. Factors contributing to the predicted growth throughout the forecast period include the introduction of 5G technology, smaller tracking devices, broader usage in navigation systems, a need for 3D positioning, and the rising prevalence of wearables. Forecast period trends consist of the rise in minimally invasive surgical procedures, growth in applications related to oncology, use in orthopedic surgery, integration with augmented reality and navigation systems, and the creation of portable and wireless tracking systems.

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What Are the Different Edge Artificial Intelligence Chips Market Segments?
The edge artificial intelligence chips market covered in this report is segmented -

1) By Chip Type: Central Processing Unit (CPU), Graphics Processing Unit (GPU), Application-Specific Integrated Circuit (ASIC), Field Programmable Gate Arrays (FPGAs)
2) By Device Type: Consumer Devices, Enterprise Devices
3) By Function: Training, Inference
4) By End-Use Industry: Automotive, Manufacturing, Healthcare, Consumer Electronics, Others

Subsegments:
1) By Central Processing Unit (CPU): Multi-Core CPUs, High-Performance CPUs
2) By Graphics Processing Unit (GPU): Integrated GPUs, Discrete GPUs
3) By Application-Specific Integrated Circuit (ASIC): Fixed-Function ASICs, Reconfigurable ASICs
4) By Field Programmable Gate Arrays (FPGAs): Low-Power FPGAs, High-Performance FPGAs

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What Are the Primary Drivers Shaping the Edge Artificial Intelligence Chips Market?
The surge in data produced by social media and e-commerce platforms is predicted to drive the progression of the edge artificial intelligence chips market. Data volume in the realm of social media and e-commerce refers to the overwhelming amount of digital data being generated, processed, and stored. The explosive growth of data is a result of an increase in user numbers, the proliferation of online activities, and the spread of personalized content and targeted advertisements. Utilizing edge AI chips with this influx of data from social media and e-commerce platforms offers quicker, personalized, and safer user experiences while enhancing real-time platform functionality. For instance, a prediction by Forbes in February 2023 forecasted that by 2026, 24% of all retail purchases will occur online, with the e-commerce market exceeding $8.1 trillion. Similarly, social media commerce is expected to climb to $2.9 trillion by 2026. Consequently, the upsurge in data generation via social media and e-commerce platforms is fueling the edge artificial intelligence chips market's expansion.

Which Companies Are Leading in the Edge Artificial Intelligence Chips 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

What Are the Major Trends Shaping the Edge Artificial Intelligence Chips Market?
Key players in the edge artificial intelligence chips market are leveraging innovative solutions, such as edge AI developer platforms, to boost their market profits. An Edge AI developer platform, essentially a kit of tools and resources, empowers developers to design and implement AI models on edge devices. For instance, Ambarella Inc., a semiconductor company based in the United States, introduced the Cooper Developer Platform in January 2024. This platform includes a pre-set mix of hardware and software development tools, incorporating Cooper Metal, an assortment of AI System-on-Chips (SoCs), and board-level hardware. Designers can maximize Ambarella's AI performance using these user-friendly and comprehensive tools, bypassing hardware complexities and focusing instead on product development.

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What Are the Top Revenue-Generating Geographies in the Edge Artificial Intelligence Chips Market?
North America was the largest region in the edge artificial intelligence chips market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the edge artificial intelligence chips market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Edge Artificial Intelligence Chips Market?
2. What is the CAGR expected in the Edge Artificial Intelligence Chips Market?
3. What Are the Key Innovations Transforming the Edge Artificial Intelligence Chips Industry?
4. Which Region Is Leading the Edge Artificial Intelligence Chips Market?

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