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Nov. 13, 2019, 12:26 a.m. EST

Edge AI Market Size 2019 Share, Demand, Growth and Forecast By 2024

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Nov 13, 2019 (Heraldkeepers) -- New York, November 13, 2019: Based on Power Consumption, the global Edge AI market is segmented in Less Than 1 W, 1-3 W, 3-5 W, 5-10 W, and More Than 10 W. The report also bifurcates the global Edge AI market based on Process in Training and Inference.

Browse Full Report: https://www.marketresearchengine.com/edge-ai-market

The global Edge AI market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Edge AI market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

The global Edge AI market report scope includes detailed study covering underlying factors influencing the industry trends.

Intel Co, NVIDIA Co, Samsung Electronics, Apple, Microsoft, Huawei, Qualcomm, Micron Technology, ARM, Mediatek, and others are among the major players in the global Edge AI market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.

Edge Artificial Intelligence (AI) software market size to grow from US$ 355 Million in 2018 to US$ 1,152 Million by 2023, at a Compound Annual Growth Rate (CAGR) of 27% during the forecast period, 2018-2023. The major growth drivers for the market include the increasing amount of enterprise workloads on the cloud and the rapid growth in the number of intelligent applications. Plus, growing demand for low latency and real-time processing on edge devices and emergence of AI coprocessors for edge computing. Further, underlying opportunities for the edge AI hardware market include growing demand for edge computing in IoT and dedicated AI processors for on-device image analytics. Major restraints for the market are restricted on-device training and limited range of AI specialists. Power consumption and size constraint create major challenges to the sting AI hardware market.

Market Insights

The global Edge AI market is segregated on the basis of Device as Smartphones, Cameras, Robots, Wearables, Smart Speaker, Automotive, and Smart Mirror. Based on Processors the global Edge AI market is segmented in CPU, GPU, Asic, and Others. Based on End-User Industry the global Edge AI market is segmented in Consumer Electronics, Smart Home, Automotive & Transportation, Government, Healthcare, Government, Industrial, Aerospace & Defense, Construction, and Other.

The Edge AI Market has been segmented as below:

Edge AI Market, By Device

  • Smartphones

  • Cameras

  • Robots

  • Wearables

  • Smart Speaker

  • Automotive

  • Smart Mirror

Edge AI Market, By Processors

  • CPU

  • GPU

  • Asic

  • Others

Edge AI Market, By End-User Industry

  • Consumer Electronics

  • Smart Home

  • Automotive & Transportation

  • Government

  • Healthcare

  • Government

  • Industrial

  • Aerospace & Defense

  • Construction

  • Other

Edge AI Market, By Power Consumption

  • Less Than 1 W

  • 1-3 W

  • 3-5 W

  • 5-10 W

  • More Than 10 W

Edge AI Market, By Process

  • Training

  • Inference

Edge AI Market, By Region

  • North America

  • Europe

  • Asia-Pacific

  • Rest of the World

Edge AI Market, By Company

  • Intel Co

  • NVIDIA Co

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