Edge AI Hardware Market by Device, Processor (CPU, GPU, and ASIC), Function (Training, Inference), Power Consumption (Less than 1 W, 1-3 W, 3-5 W, 5-10 W, and more than 10 W), Vertical and Geography - Global Forecast to 2029
The edge AI hardware market is projected to grow from USD 24.2 billion in 2024 and is expected to reach USD 54.7 billion by 2029, growing at a CAGR of 17.7% from 2024 to 2029. Edge AI hardware enables data processing and analysis to be performed locally on edge devices, reducing the amount of raw data that needs to be transmitted and stored in the cloud. This localized processing minimizes the need for extensive cloud storage, thereby optimizing bandwidth and reducing latency.
“Training in the function segment of the edge AI hardware market to witness higher growth rate during the forecast period.”
Training AI models at the edge helps preserve data privacy by keeping sensitive information on-device and reducing the need to transmit raw data to centralized servers for training. This localization of training data aligns with regulatory requirements and enhances user trust in AI-powered edge devices.
“Market for edge AI hardware consuming less than 1W to witness highest growth rate during the forecast period.”
Edge devices operating on battery power or in resource-constrained environments require energy-efficient AI hardware to extend battery life and optimize power consumption. Edge AI hardware consuming less than 1W enables continuous operation without draining significant power resources. For battery-powered devices like wearables or wireless sensors, low power consumption is essential for extended operation on a single charge. Moreover, lower power consumption reduces heat generation, simplifying thermal management in compact edge devices.
“The US is expected to hold the largest market size in the North American region during the forecast period.”
The US accounted for the largest share of the North American edge AI hardware market in 2023, and a similar trend is expected to be witnessed during the forecast period. The presence of major players in this region such as Qualcomm Technologies, Inc. (US), Apple Inc. (US), Intel Corporation (US), and NVIDIA Corporation (US), is driving the market. The US is a key market for AI application processors as the demand for smartphones, smart home appliances, and advanced products such as IoT devices, wearable electronics, and vehicles with high-security features is high in the country.
Report Coverage
The report defines, describes, and forecasts the edge AI hardware market based on By Device, Power consumption, Processor, Function, Vertical and region. It provides detailed information regarding drivers, restraints, opportunities, and challenges influencing the growth of the edge AI hardware market. It also analyzes competitive developments such as product launches, acquisitions, expansions, and actions carried out by the key players to grow in the market.
Reasons to Buy This Report
The report will help the market leaders/new entrants in the market with information on the closest approximations of the revenue for the overall edge AI hardware market and the subsegments. The report will help stakeholders understand the competitive landscape and gain more insight to position their business better and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key drivers, restraints, opportunities, and challenges.
The report will provide insights into the following pointers:
“Training in the function segment of the edge AI hardware market to witness higher growth rate during the forecast period.”
Training AI models at the edge helps preserve data privacy by keeping sensitive information on-device and reducing the need to transmit raw data to centralized servers for training. This localization of training data aligns with regulatory requirements and enhances user trust in AI-powered edge devices.
“Market for edge AI hardware consuming less than 1W to witness highest growth rate during the forecast period.”
Edge devices operating on battery power or in resource-constrained environments require energy-efficient AI hardware to extend battery life and optimize power consumption. Edge AI hardware consuming less than 1W enables continuous operation without draining significant power resources. For battery-powered devices like wearables or wireless sensors, low power consumption is essential for extended operation on a single charge. Moreover, lower power consumption reduces heat generation, simplifying thermal management in compact edge devices.
“The US is expected to hold the largest market size in the North American region during the forecast period.”
The US accounted for the largest share of the North American edge AI hardware market in 2023, and a similar trend is expected to be witnessed during the forecast period. The presence of major players in this region such as Qualcomm Technologies, Inc. (US), Apple Inc. (US), Intel Corporation (US), and NVIDIA Corporation (US), is driving the market. The US is a key market for AI application processors as the demand for smartphones, smart home appliances, and advanced products such as IoT devices, wearable electronics, and vehicles with high-security features is high in the country.
- By Company Type: Tier 1 – 18%, Tier 2 – 22%, and Tier 3 – 60%
- By Designation: C-level Executives – 21%, Directors –35%, and Others – 44%
- By Region: North America –45%, Europe – 20%, Asia Pacific– 30%, and RoW – 5%
Report Coverage
The report defines, describes, and forecasts the edge AI hardware market based on By Device, Power consumption, Processor, Function, Vertical and region. It provides detailed information regarding drivers, restraints, opportunities, and challenges influencing the growth of the edge AI hardware market. It also analyzes competitive developments such as product launches, acquisitions, expansions, and actions carried out by the key players to grow in the market.
Reasons to Buy This Report
The report will help the market leaders/new entrants in the market with information on the closest approximations of the revenue for the overall edge AI hardware market and the subsegments. The report will help stakeholders understand the competitive landscape and gain more insight to position their business better and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key drivers, restraints, opportunities, and challenges.
The report will provide insights into the following pointers:
- Analysis of key drivers (Growing demand for real-time data transmission in mission-critical applications), restraints (Associated complications in building edge networks), opportunities (Optimizing edge AI hardware with Generative AI workloads), and challenges (Optimization of power consumption) of the edge AI hardware market.
- Product development /Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the edge AI hardware market.
- Market Development: Comprehensive information about lucrative markets; the report analyses the edge AI hardware market across various regions.
- Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the edge AI hardware market.
- Competitive Assessment: In-depth assessment of market share, growth strategies, and services, offering of leading players like Qualcomm Technologies, Inc. (US), Huawei Technologies Co., Ltd. (China), SAMSUNG (South Korea), Apple Inc. (US), and MediaTek Inc. (Taiwan), among others in the edge AI hardware market.
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED
FIGURE 1 EDGE AI HARDWARE MARKET: SEGMENTATION
1.3.2 INCLUSIONS AND EXCLUSIONS
1.3.3 REGIONAL SCOPE
1.3.4 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
TABLE 1 USD EXCHANGE RATES
1.5 UNITS CONSIDERED
1.6 LIMITATIONS
1.7 STAKEHOLDERS
1.8 SUMMARY OF CHANGES
1.9 RECESSION IMPACT
2 RESEARCH METHODOLOGY
2.1 RESEARCH APPROACH
FIGURE 2 EDGE AI HARDWARE MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.1.2 List of major secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 List of key interview participants
2.1.2.2 Key data from primary sources
2.1.2.3 Key industry insights
2.1.2.4 Breakdown of primaries
2.2 SECONDARY AND PRIMARY RESEARCH
FIGURE 3 EDGE AI HARDWARE MARKET: RESEARCH APPROACH
2.3 MARKET SIZE ESTIMATION METHODOLOGY
2.3.1 BOTTOM-UP APPROACH
2.3.1.1 Approach to estimate market size using bottom-up analysis (Demand side)
FIGURE 4 MARKET SIZE METHODOLOGY: BOTTOM-UP APPROACH
2.3.2 TOP-DOWN APPROACH
2.3.2.1 Approach to estimate market size using top-down analysis (Supply side)
FIGURE 5 MARKET SIZE METHODOLOGY: TOP-DOWN APPROACH
2.4 DATA TRIANGULATION
FIGURE 6 DATA TRIANGULATION
2.5 RESEARCH ASSUMPTIONS
2.6 RESEARCH LIMITATIONS
2.7 PARAMETERS CONSIDERED TO ANALYZE IMPACT OF RECESSION ON EDGE AI HARDWARE MARKET
2.8 RISK ASSESSMENT
3 EXECUTIVE SUMMARY
FIGURE 7 SMARTPHONES SEGMENT TO DOMINATE MARKET IN 2029
FIGURE 8 TRAINING SEGMENT TO RECORD HIGHER CAGR DURING FORECAST PERIOD
FIGURE 9 CONSUMER ELECTRONICS SEGMENT TO DOMINATE MARKET IN 2024
FIGURE 10 ASIA PACIFIC TO HOLD LARGEST MARKET SHARE IN 2024 (IN TERMS OF VOLUME)
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE GROWTH OPPORTUNITIES FOR PLAYERS IN EDGE AI HARDWARE MARKET
FIGURE 11 EMERGENCE OF 5G NETWORKS TO CREATE LUCRATIVE OPPORTUNITIES FOR PLAYERS
4.2 EDGE AI HARDWARE MARKET, BY DEVICE
FIGURE 12 SMARTPHONES TO HOLD LARGEST MARKET SHARE IN 2029 (IN TERMS OF VOLUME)
4.3 EDGE AI HARDWARE MARKET, BY VERTICAL
FIGURE 13 CONSUMER ELECTRONICS SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE IN 2029 (IN TERMS OF VOLUME)
4.4 EDGE AI HARDWARE MARKET, BY POWER CONSUMPTION
FIGURE 14 LESS THAN 1 W SEGMENT TO RECORD HIGHEST CAGR DURING FORECAST PERIOD
4.5 EDGE AI HARDWARE MARKET IN ASIA PACIFIC, BY DEVICE AND COUNTRY
FIGURE 15 SMARTPHONES SEGMENT AND CHINA HELD LARGEST MARKET SHARES, IN TERMS OF VOLUME, IN 2023
4.6 EDGE AI HARDWARE MARKET, BY COUNTRY
FIGURE 16 CHINA TO EXHIBIT HIGHEST CAGR IN GLOBAL EDGE AI HARDWARE MARKET DURING FORECAST PERIOD
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 17 EDGE AI HARDWARE MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.2.1 DRIVERS
FIGURE 18 EDGE AI HARDWARE MARKET: IMPACT ANALYSIS OF DRIVERS
5.2.1.1 Growing demand for real-time data transmission in mission-critical applications
5.2.1.2 Rising emphasis on launching innovative AI coprocessors for edge devices
5.2.1.3 Less storage requirement for cloud applications
5.2.1.4 Reduced data load on cloud infrastructure
5.2.2 RESTRAINTS
FIGURE 19 EDGE AI HARDWARE MARKET: IMPACT ANALYSIS OF RESTRAINTS
5.2.2.1 Associated complications in building edge networks
5.2.2.2 Shortage of skilled personnel
5.2.3 OPPORTUNITIES
FIGURE 20 EDGE AI HARDWARE MARKET: IMPACT ANALYSIS OF OPPORTUNITIES
5.2.3.1 Optimizing edge AI hardware for generative AI workloads
5.2.3.2 Development of dedicated AI processors for on-device image analytics
5.2.3.3 Growing popularity of robotics and self-driving cars
5.2.3.4 Launch of 5G networks
5.2.3.5 Emergence of smart applications
5.2.4 CHALLENGES
FIGURE 21 EDGE AI HARDWARE MARKET: IMPACT ANALYSIS OF CHALLENGES
5.2.4.1 Optimization of power consumption
5.2.4.2 Lack of standardization
5.3 SUPPLY CHAIN ANALYSIS
FIGURE 22 EDGE AI HARDWARE MARKET: SUPPLY CHAIN ANALYSIS
5.4 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS' BUSINESSES
FIGURE 23 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS' BUSINESSES
5.5 ECOSYSTEM ANALYSIS
FIGURE 24 EDGE AI HARDWARE MARKET: ECOSYSTEM ANALYSIS
TABLE 2 ROLES OF COMPANIES IN EDGE AI HARDWARE ECOSYSTEM
5.6 PORTER'S FIVE FORCES ANALYSIS
FIGURE 25 EDGE AI HARDWARE MARKET: PORTER'S FIVE FORCES ANALYSIS
TABLE 3 EDGE AI HARDWARE MARKET: PORTER'S FIVE FORCES ANALYSIS
5.6.1 THREAT OF NEW ENTRANTS
5.6.2 THREAT OF SUBSTITUTES
5.6.3 BARGAINING POWER OF SUPPLIERS
5.6.4 BARGAINING POWER OF BUYERS
5.6.5 INTENSITY OF COMPETITIVE RIVALRY
5.7 KEY STAKEHOLDERS AND BUYING CRITERIA
5.7.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 26 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY VERTICAL
TABLE 4 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY VERTICAL (%)
5.7.2 BUYING CRITERIA
FIGURE 27 KEY BUYING CRITERIA, BY VERTICAL
TABLE 5 KEY BUYING CRITERIA, BY VERTICAL
5.8 CASE STUDY ANALYSIS
5.8.1 IMAGIMOB ADDED MOTION INTELLIGENCE IN FITNESS TRACKER TO GAIN MORE DETAILED ANALYSIS OF DAILY ACTIVITIES
5.8.2 ANAGOG JEDAI 4.0 HELPED BANKING INSTITUTIONS MONITOR AND PREDICT CHANGES IN CUSTOMERS' LIFESTYLES
5.8.3 BYTELAKE CREATED STARTER KIT THAT ENABLED FAST DEVELOPMENT AND DEPLOYMENT OF NEW AND INNOVATIVE COMPUTER VISION SYSTEMS IN GROCERY RETAIL STORES
5.8.4 BYTELAKE COMBINED INTEL'S VPU WITH TRADITIONAL DIGITAL CAMERA THAT HELPED IN ELIMINATING LATENCIES RELATED TO CONNECTIVITY ISSUES AND TRAFFIC
5.9 INVESTMENT AND FUNDING SCENARIO
FIGURE 28 INVESTMENT AND FUNDING SCENARIO FOR STARTUP COMPANIES
5.10 TECHNOLOGY ANALYSIS
5.10.1 KEY TECHNOLOGIES
5.10.1.1 IoT
5.10.1.2 5G
5.10.1.3 Fog computing
5.10.2 COMPLEMENTARY TECHNOLOGIES
5.10.2.1 Generative AI
5.10.3 ADJACENT TECHNOLOGIES
5.10.3.1 Blockchain
5.11 TRADE ANALYSIS
5.11.1 IMPORT SCENARIO (HS CODE 854231)
FIGURE 29 IMPORT DATA FOR HS CODE 854231-COMPLIANT PRODUCTS, BY COUNTRY, 2018–2022
TABLE 6 IMPORT DATA FOR HS CODE 854231-COMPLIANT PRODUCTS, BY COUNTRY, 2018–2022 (USD THOUSAND)
5.11.2 EXPORT SCENARIO (HS CODE 854231)
FIGURE 30 EXPORT DATA FOR HS CODE 854231-COMPLIANT PRODUCTS, BY COUNTRY, 2018–2022
TABLE 7 EXPORT DATA FOR HS CODE 854231-COMPLIANT PRODUCTS, BY COUNTRY, 2018–2022 (USD THOUSAND)
5.12 TARIFF ANALYSIS
TABLE 8 MFN TARIFF FOR HS CODE 854231-COMPLIANT PRODUCTS EXPORTED BY CHINA
TABLE 9 MFN TARIFF FOR HS CODE 854231-COMPLIANT PRODUCTS EXPORTED BY US
TABLE 10 MFN TARIFF FOR HS CODE 854231-COMPLIANT PRODUCTS EXPORTED BY GERMANY
TABLE 11 MFN TARIFF FOR HS CODE 854231-COMPLIANT PRODUCTS EXPORTED BY FRANCE
5.13 PATENT ANALYSIS
TABLE 12 LIST OF APPLIED/GRANTED PATENTS RELATED TO EDGE AI HARDWARE, 2020–2024
FIGURE 31 NUMBER OF APPLIED AND GRANTED PATENTS RELATED TO EDGE AI HARDWARE, 2013–2023
5.14 REGULATORY LANDSCAPE AND STANDARDS
5.14.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 13 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 14 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 15 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 16 ROW: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.14.2 STANDARDS
TABLE 17 INTERNATIONAL STANDARDS RELATED TO EDGE AI HARDWARE
5.15 KEY CONFERENCES AND EVENTS, 2024–2025
TABLE 18 EDGE AI HARDWARE MARKET: LIST OF CONFERENCES AND EVENTS, 2024–2025
5.16 PRICING ANALYSIS
5.16.1 INDICATIVE PRICING TREND OF KEY PLAYERS, BY PROCESSOR
FIGURE 32 INDICATIVE PRICING TREND OF EDGE AI HARDWARE OFFERED BY KEY PLAYERS, BY PROCESSOR (USD)
TABLE 19 INDICATIVE PRICING TREND OF EDGE AI HARDWARE OFFERED BY KEY PLAYERS, BY PROCESSOR (USD)
5.16.2 AVERAGE SELLING PRICE TREND, BY REGION
FIGURE 33 AVERAGE SELLING PRICE TREND OF EDGE AI HARDWARE, BY REGION, 2020–2023 (USD)
6 EDGE AI HARDWARE MARKET, BY DEVICE
6.1 INTRODUCTION
FIGURE 34 WEARABLES SEGMENT TO RECORD HIGHEST CAGR DURING FORECAST PERIOD
TABLE 20 EDGE AI HARDWARE MARKET, BY DEVICE, 2020–2023 (THOUSAND UNITS)
TABLE 21 EDGE AI HARDWARE MARKET, BY DEVICE, 2024–2029 (THOUSAND UNITS)
TABLE 22 EDGE AI HARDWARE MARKET, BY DEVICE, 2020–2023 (USD MILLION)
TABLE 23 EDGE AI HARDWARE MARKET, BY DEVICE, 2024–2029 (USD MILLION)
6.2 SMARTPHONES
6.2.1 INCREASING DEMAND FOR REAL-TIME SPEECH AND VOICE RECOGNITION TO DRIVE MARKET
TABLE 24 SMARTPHONES: EDGE AI HARDWARE MARKET, BY REGION, 2020–2023 (THOUSAND UNITS)
TABLE 25 SMARTPHONES: EDGE AI HARDWARE MARKET, BY REGION, 2024–2029 (THOUSAND UNITS)
6.3 SURVEILLANCE CAMERAS
6.3.1 ABILITY TO RUN DEEP NEURAL NETWORKS AT HIGH SPEED AND LOW POWER TO FUEL MARKET GROWTH
TABLE 26 SURVEILLANCE CAMERAS: EDGE AI HARDWARE MARKET, BY APPLICATION, 2020–2023 (THOUSAND UNITS)
TABLE 27 SURVEILLANCE CAMERAS: EDGE AI HARDWARE MARKET, BY APPLICATION, 2024–2029 (THOUSAND UNITS)
FIGURE 35 ASIA PACIFIC TO EXHIBIT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 28 SURVEILLANCE CAMERAS: EDGE AI HARDWARE MARKET, BY REGION, 2020–2023 (THOUSAND UNITS)
TABLE 29 SURVEILLANCE CAMERAS: EDGE AI HARDWARE MARKET, BY REGION, 2024–2029 (THOUSAND UNITS)
6.4 ROBOTS
6.4.1 RISING DEMAND FOR SPEECH RECOGNITION, NATURAL LANGUAGE ANALYSIS, AND IMAGE LABELING TO BOOST DEMAND
TABLE 30 ROBOTS: EDGE AI HARDWARE MARKET, BY APPLICATION, 2020–2023 (THOUSAND UNITS)
TABLE 31 ROBOTS: EDGE AI HARDWARE MARKET, BY APPLICATION, 2024–2029 (THOUSAND UNITS)
TABLE 32 ROBOTS: EDGE AI HARDWARE MARKET, BY REGION, 2020–2023 (THOUSAND UNITS)
TABLE 33 ROBOTS: EDGE AI HARDWARE MARKET, BY REGION, 2024–2029 (THOUSAND UNITS)
6.5 WEARABLES
6.5.1 IMPROVED CONNECTIVITY AND EASE OF APPLICATION TO FOSTER SEGMENTAL GROWTH
TABLE 34 WEARABLES: EDGE AI HARDWARE MARKET, BY APPLICATION, 2020–2023 (THOUSAND UNITS)
TABLE 35 WEARABLES: EDGE AI HARDWARE MARKET, BY APPLICATION, 2024–2029 (THOUSAND UNITS)
FIGURE 36 NORTH AMERICA TO DOMINATE MARKET IN 2024
TABLE 36 WEARABLES: EDGE AI HARDWARE MARKET, BY REGION, 2020–2023 (THOUSAND UNITS)
TABLE 37 WEARABLES: EDGE AI HARDWARE MARKET, BY REGION, 2024–2029 (THOUSAND UNITS)
6.6 EDGE SERVERS
6.6.1 RISE IN INDUSTRIAL AUTOMATION AND ROBOTICS TO DRIVE DEMAND
TABLE 38 EDGE SERVERS: EDGE AI HARDWARE MARKET, BY REGION, 2020–2023 (THOUSAND UNITS)
TABLE 39 EDGE SERVERS: EDGE AI HARDWARE MARKET, BY REGION, 2024–2029 (THOUSAND UNITS)
6.7 SMART SPEAKERS
6.7.1 GROWING POPULARITY OF VOICE COMMANDS TO ACCELERATE DEMAND
TABLE 40 SMART SPEAKERS: EDGE AI HARDWARE MARKET, BY REGION, 2020–2023 (THOUSAND UNITS)
TABLE 41 SMART SPEAKERS: EDGE AI HARDWARE MARKET, BY REGION, 2024–2029 (THOUSAND UNITS)
6.8 AUTOMOBILES
6.8.1 GROWING INTEGRATION OF NLP- AND ML-BASED ADAS IN AUTOMOBILES TO DRIVE MARKET
TABLE 42 AUTOMOBILES: EDGE AI HARDWARE MARKET, BY REGION, 2020–2023 (THOUSAND UNITS)
TABLE 43 AUTOMOBILES: EDGE AI HARDWARE MARKET, BY REGION, 2024–2029 (THOUSAND UNITS)
6.9 OTHER DEVICES
TABLE 44 OTHER DEVICES: EDGE AI HARDWARE MARKET, BY REGION, 2020–2023 (THOUSAND UNITS)
TABLE 45 OTHER DEVICES: EDGE AI HARDWARE MARKET, BY REGION, 2024–2029 (THOUSAND UNITS)
7 EDGE AI HARDWARE MARKET, BY POWER CONSUMPTION
7.1 INTRODUCTION
FIGURE 37 LESS THAN 1 W SEGMENT TO EXHIBIT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 46 EDGE AI HARDWARE MARKET, BY POWER CONSUMPTION, 2020–2023 (THOUSAND UNITS)
TABLE 47 EDGE AI HARDWARE MARKET, BY POWER CONSUMPTION, 2024–2029 (THOUSAND UNITS)
TABLE 48 EDGE AI HARDWARE MARKET, BY POWER CONSUMPTION, 2020–2023 (USD MILLION)
TABLE 49 EDGE AI HARDWARE MARKET, BY POWER CONSUMPTION, 2024–2029 (USD MILLION)
7.2 LESS THAN 1 W
7.2.1 RISING DEMAND FOR FITNESS TRACKERS, SMART WATCHES, SMART GLASSES TO FUEL MARKET GROWTH
7.3 1–3 W
7.3.1 SURGING DEMAND FOR SMARTPHONES TO FOSTER SEGMENTAL GROWTH
7.4 3–5 W
7.4.1 RISING DEMAND FOR SMART SPEAKERS TO FOSTER SEGMENTAL GROWTH
7.5 5–10 W
7.5.1 GROWING APPLICATION OF FACE RECOGNITION AND VEHICLE RECOGNITION TECHNOLOGIES TO DRIVE MARKET
7.6 MORE THAN 10 W
7.6.1 RISING DEMAND FOR SMART MIRRORS TO FUEL MARKET GROWTH
8 EDGE AI HARDWARE MARKET, BY PROCESSOR
8.1 INTRODUCTION
FIGURE 38 CPUS SEGMENT TO HOLD LARGEST SHARE OF EDGE AI HARDWARE MARKET FOR PROCESSORS IN 2029
TABLE 50 EDGE AI HARDWARE MARKET, BY PROCESSOR, 2020–2023 (MILLION UNITS)
TABLE 51 EDGE AI HARDWARE MARKET, BY PROCESSOR, 2024–2029 (MILLION UNITS)
8.2 CENTRAL PROCESSING UNITS
8.2.1 GROWING DEPLOYMENT IN SMARTPHONES AND SMART SPEAKERS TO BOOST MARKET GROWTH
8.3 GRAPHICS PROCESSING UNITS
8.3.1 INCREASING ADOPTION OF ROBOTICS TO FUEL MARKET GROWTH
8.4 APPLICATION-SPECIFIC INTEGRATED CIRCUITS
8.4.1 ABILITY TO PERFORM FIXED OPERATIONS EFFICIENTLY TO ACCELERATE DEMAND
8.5 OTHER PROCESSORS
9 EDGE AI HARDWARE MARKET, BY FUNCTION
9.1 INTRODUCTION
FIGURE 39 INFERENCE SEGMENT TO HOLD LARGER MARKET SHARE IN 2029
TABLE 52 EDGE AI HARDWARE MARKET, BY FUNCTION, 2020–2023 (MILLION UNITS)
TABLE 53 EDGE AI HARDWARE MARKET, BY FUNCTION, 2024–2029 (MILLION UNITS)
TABLE 54 EDGE AI HARDWARE MARKET, BY FUNCTION, 2020–2023 (USD MILLION)
TABLE 55 EDGE AI HARDWARE MARKET, BY FUNCTION, 2024–2029 (USD MILLION)
9.2 TRAINING
9.2.1 ABILITY TO OFFER DATA SECURITY TO BOOST DEMAND
9.3 INFERENCE
9.3.1 RISING FOCUS ON DEVELOPING LOW-POWER AND HIGH-PERFORMANCE PROCESSORS TO DRIVE MARKET
10 EDGE AI HARDWARE MARKET, BY VERTICAL
10.1 INTRODUCTION
FIGURE 40 CONSUMER ELECTRONICS SEGMENT TO DOMINATE MARKET IN 2029
TABLE 56 EDGE AI HARDWARE MARKET, BY VERTICAL, 2020–2023 (THOUSAND UNITS)
TABLE 57 EDGE AI HARDWARE MARKET, BY VERTICAL, 2024–2029 (THOUSAND UNITS)
TABLE 58 EDGE AI HARDWARE MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 59 EDGE AI HARDWARE MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
10.2 CONSUMER ELECTRONICS
10.2.1 GROWING DEMAND FOR SMARTPHONES INTEGRATED WITH FACIAL RECOGNITION TECHNOLOGY TO FUEL MARKET GROWTH
TABLE 60 CONSUMER ELECTRONICS: EDGE AI HARDWARE MARKET, BY DEVICE, 2020–2023 (THOUSAND UNITS)
TABLE 61 CONSUMER ELECTRONICS: EDGE AI HARDWARE MARKET, BY DEVICE, 2024–2029 (THOUSAND UNITS)
10.2.2 BY DEVICE
10.2.2.1 Smartphones
10.2.2.1.1 Shift toward less reliance on connectivity to boost market
10.2.2.2 Wearables
10.2.2.2.1 Growing deployment of AI in AR/VR devices to drive market
10.2.2.3 Entertainment robots
10.2.2.3.1 Increasing demand for affordable and high-quality robots to boost demand
10.3 SMART HOMES
10.3.1 GROWING DEMAND FOR SMART SPEAKERS TO DRIVE MARKET
TABLE 62 SMART HOMES: EDGE AI HARDWARE MARKET, BY DEVICE, 2020–2023 (THOUSAND UNITS)
TABLE 63 SMART HOMES: EDGE AI HARDWARE MARKET, BY DEVICE, 2024–2029 (THOUSAND UNITS)
10.3.2 BY DEVICE
10.3.2.1 Smart speakers
10.3.2.1.1 Growing demand for user-friendly tools to foster segmental growth
10.3.2.2 Smart cameras
10.3.2.2.1 Ability to offer superior speed and enhanced performance to accelerate demand
10.3.2.3 Domestic robots
10.3.2.3.1 Increasing adoption in households for floor and pool cleaning to boost demand
10.4 AUTOMOTIVE & TRANSPORTATION
FIGURE 41 AUTOMOBILE SEGMENT TO RECORD HIGHEST CAGR DURING FORECAST PERIOD
TABLE 64 AUTOMOTIVE & TRANSPORTATION: EDGE AI HARDWARE MARKET, BY DEVICE, 2020–2023 (THOUSAND UNITS)
TABLE 65 AUTOMOTIVE & TRANSPORTATION: EDGE AI HARDWARE MARKET, BY DEVICE, 2024–2029 (THOUSAND UNITS)
10.4.1 BY DEVICE
10.4.1.1 Automobile parts
10.4.1.1.1 Growing emphasis on developing autonomous vehicles to drive market
10.4.1.2 Surveillance cameras
10.4.1.2.1 Growing utilization in vehicle number plate recognition to drive market
10.4.1.3 Logistics robots
10.4.1.3.1 Increasing need to handle couriers and cargo to drive market
10.4.1.4 Other automotive & transportation devices
10.5 GOVERNMENT
10.5.1 RISING ADOPTION OF ADVANCED TECHNOLOGIES TO ENSURE SECURITY AND SAFETY TO DRIVE MARKET
TABLE 66 GOVERNMENT: EDGE AI HARDWARE MARKET, BY DEVICE, 2020–2023 (THOUSAND UNITS)
TABLE 67 GOVERNMENT: EDGE AI HARDWARE MARKET, BY DEVICE, 2024–2029 (THOUSAND UNITS)
10.5.2 BY DEVICE
10.5.2.1 Surveillance cameras
10.5.2.1.1 Growing need to scan public places and track public behavior to drive market
10.5.2.2 Drones
10.5.2.2.1 Increasing adoption to track suspects and investigate accidents to propel market growth
10.6 HEALTHCARE
10.6.1 EMERGENCE OF WEARABLE AI TO OFFER LUCRATIVE OPPORTUNITIES
TABLE 68 HEALTHCARE: EDGE AI HARDWARE MARKET, BY DEVICE, 2020–2023 (THOUSAND UNITS)
TABLE 69 HEALTHCARE: EDGE AI HARDWARE MARKET, BY DEVICE, 2024–2029 (THOUSAND UNITS)
10.6.2 BY DEVICE
10.6.2.1 Medical robots
10.6.2.1.1 Rising focus on minimizing infection risks to patients to drive market
10.6.2.2 Wearables
10.6.2.2.1 Increasing demand for remote patient monitoring to fuel market growth
10.6.2.3 Other healthcare devices
10.7 INDUSTRIAL
10.7.1 GROWING FOCUS ON QUALITY CONTROL AND REGULAR MACHINE INSPECTIONS TO ACCELERATE DEMAND
FIGURE 42 INDUSTRIAL ROBOTS SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
TABLE 70 INDUSTRIAL: EDGE AI HARDWARE MARKET, BY DEVICE, 2020–2023 (THOUSAND UNITS)
TABLE 71 INDUSTRIAL: EDGE AI HARDWARE MARKET, BY DEVICE, 2024–2029 (THOUSAND UNITS)
10.7.2 BY DEVICE
10.7.2.1 Industrial robots
10.7.2.1.1 Increasing adoption of robots to speed up production, increase productivity, and reduce product cost to boost market
10.7.2.2 Drones
10.7.2.2.1 Growing inclination toward automating inspection processes to boost demand
10.7.2.3 MV cameras
10.7.2.3.1 Surging need to minimize production downtime to fuel market growth
10.8 AEROSPACE & DEFENSE
10.8.1 SURGING ADOPTION OF MILITARY ROBOTS AND EXOSKELETONS TO FUEL MARKET GROWTH
TABLE 72 AEROSPACE & DEFENSE: EDGE AI HARDWARE MARKET, BY DEVICE, 2020–2023 (THOUSAND UNITS)
TABLE 73 AEROSPACE & DEFENSE: EDGE AI HARDWARE MARKET, BY DEVICE, 2024–2029 (THOUSAND UNITS)
10.8.2 BY DEVICE
10.8.2.1 Service robots
10.8.2.1.1 Growing need for autonomous actions in critical situations to drive market
10.8.2.2 Other aerospace & defense devices
10.9 CONSTRUCTION
10.9.1 INCREASING EMPHASIS ON RENOVATION AND DEMOLITION ACTIVITIES TO DRIVE MARKET
TABLE 74 CONSTRUCTION: EDGE AI HARDWARE MARKET, BY DEVICE, 2020–2023 (THOUSAND UNITS)
TABLE 75 CONSTRUCTION: EDGE AI HARDWARE MARKET, BY DEVICE, 2024–2029 (THOUSAND UNITS)
10.9.2 BY DEVICE
10.9.2.1 Service robots
10.9.2.1.1 Ability to offer effective infrastructure solutions with repair, maintenance, and renewal to drive demand
10.9.2.2 Drones
10.9.2.2.1 Increasing use in earthwork management and project planning applications to fuel market growth
10.10 OTHER VERTICALS
FIGURE 43 WEARABLES SEGMENT TO DOMINATE MARKET IN 2029
TABLE 76 OTHER VERTICALS: EDGE AI HARDWARE MARKET, BY DEVICE, 2020–2023 (THOUSAND UNITS)
TABLE 77 OTHER VERTICALS: EDGE AI HARDWARE MARKET, BY DEVICE, 2024–2029 (THOUSAND UNITS)
10.10.1 BY DEVICE
10.10.1.1 Surveillance cameras
10.10.1.1.1 Growing incidents of robbery to boost demand
10.10.1.2 Professional service robots
10.10.1.2.1 Increasing need to boost crop production to drive market
10.10.1.3 Wearables
10.10.1.3.1 Rising adoption in on-job training processes to drive market
10.10.1.4 Other devices
10.10.2 EDGE SERVERS
10.10.2.1 Need to improve efficiency of agricultural operations to boost demand
10.10.3 DRONES
10.10.3.1 Growing need to monitor crops to drive market
11 EDGE AI HARDWARE MARKET, BY REGION
11.1 INTRODUCTION
FIGURE 44 ASIA PACIFIC TO RECORD HIGHEST CAGR DURING FORECAST PERIOD
TABLE 78 EDGE AI HARDWARE MARKET, BY REGION, 2020–2023 (MILLION UNITS)
TABLE 79 EDGE AI HARDWARE MARKET, BY REGION, 2024–2029 (MILLION UNITS)
TABLE 80 EDGE AI HARDWARE MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 81 EDGE AI HARDWARE MARKET, BY REGION, 2024–2029 (USD MILLION)
11.2 NORTH AMERICA
11.2.1 IMPACT OF RECESSION ON EDGE AI HARDWARE MARKET IN NORTH AMERICA
FIGURE 45 NORTH AMERICA: EDGE AI HARDWARE MARKET SNAPSHOT
TABLE 82 NORTH AMERICA: EDGE AI HARDWARE MARKET, BY DEVICE, 2020–2023 (THOUSAND UNITS)
TABLE 83 NORTH AMERICA: EDGE AI HARDWARE MARKET, BY DEVICE, 2024–2029 (THOUSAND UNITS)
TABLE 84 NORTH AMERICA: EDGE AI HARDWARE MARKET, BY COUNTRY, 2020–2023 (THOUSAND UNITS)
TABLE 85 NORTH AMERICA: EDGE AI HARDWARE MARKET, BY COUNTRY, 2024–2029 (THOUSAND UNITS)
11.2.2 US
11.2.2.1 Government-led investments in machine learning solutions to drive market
11.2.3 CANADA
11.2.3.1 Growing adoption of AI and ML by startups to accelerate demand
11.2.4 MEXICO
11.2.4.1 Increasing penetration of AI and robotics in manufacturing sector to fuel market growth
11.3 EUROPE
11.3.1 RECESSION IMPACT ON EDGE AI HARDWARE MARKET IN EUROPE
FIGURE 46 EUROPE: EDGE AI HARDWARE MARKET SNAPSHOT
TABLE 86 EUROPE: EDGE AI HARDWARE MARKET, BY DEVICE, 2020–2023 (THOUSAND UNITS)
TABLE 87 EUROPE: EDGE AI HARDWARE MARKET, BY DEVICE, 2024–2029 (THOUSAND UNITS)
TABLE 88 EUROPE: EDGE AI HARDWARE MARKET, BY COUNTRY, 2020–2023 (THOUSAND UNITS)
TABLE 89 EUROPE: EDGE AI HARDWARE MARKET, BY COUNTRY, 2024–2029 (THOUSAND UNITS)
11.3.2 GERMANY
11.3.2.1 Growing adoption of digital solutions by manufacturing industries to fuel market growth
11.3.3 UK
11.3.3.1 Rising demand for AI-based robots in manufacturing sector to drive market
11.3.4 FRANCE
11.3.4.1 Government support for startups offering AI-powered devices to fuel market growth
11.3.5 REST OF EUROPE
11.4 ASIA PACIFIC
11.4.1 RECESSION IMPACT ON EDGE AI HARDWARE MARKET IN ASIA PACIFIC
FIGURE 47 ASIA PACIFIC: EDGE AI HARDWARE MARKET SNAPSHOT
TABLE 90 ASIA PACIFIC: EDGE AI HARDWARE MARKET, BY DEVICE, 2020–2023 (THOUSAND UNITS)
TABLE 91 ASIA PACIFIC: EDGE AI HARDWARE MARKET, BY DEVICE, 2024–2029 (THOUSAND UNITS)
TABLE 92 ASIA PACIFIC: EDGE AI HARDWARE MARKET, BY COUNTRY, 2020–2023 (THOUSAND UNITS)
TABLE 93 ASIA PACIFIC: EDGE AI HARDWARE MARKET, BY COUNTRY, 2024–2029 (THOUSAND UNITS)
11.4.2 CHINA
11.4.2.1 Thriving automotive & transportation sectors to drive market
11.4.3 JAPAN
11.4.3.1 Growing emphasis on manufacturing industrial robots to drive market
11.4.4 SOUTH KOREA
11.4.4.1 Rising focus on developing AI infrastructure to drive market
11.4.5 REST OF ASIA PACIFIC
11.5 ROW
11.5.1 RECESSION IMPACT ON EDGE AI HARDWARE MARKET IN ROW
TABLE 94 ROW: EDGE AI HARDWARE MARKET, BY DEVICE, 2020–2023 (THOUSAND UNITS)
TABLE 95 ROW: EDGE AI HARDWARE MARKET, BY DEVICE, 2024–2029 (THOUSAND UNITS)
TABLE 96 ROW: EDGE AI HARDWARE MARKET, BY REGION, 2020–2023 (THOUSAND UNITS)
TABLE 97 ROW: EDGE AI HARDWARE MARKET, BY REGION, 2024–2029 (THOUSAND UNITS)
11.5.2 SOUTH AMERICA
11.5.2.1 High investments in IT security to accelerate market growth
11.5.3 GCC
11.5.3.1 Rapid industrialization to drive demand
11.5.4 REST OF MIDDLE EAST & AFRICA
12 COMPETITIVE LANDSCAPE
12.1 OVERVIEW
12.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2021–2024
TABLE 98 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2021–2024
12.3 REVENUE ANALYSIS, 2019–2023
FIGURE 48 EDGE AI HARDWARE MARKET: REVENUE ANALYSIS OF TOP FIVE PLAYERS, 2019–2023
12.4 MARKET SHARE ANALYSIS, 2023
TABLE 99 EDGE AI HARDWARE MARKET: DEGREE OF COMPETITION, 2023
FIGURE 49 EDGE AI HARDWARE MARKET SHARE ANALYSIS, 2023
12.5 COMPANY VALUATION AND FINANCIAL METRICS, 2024
FIGURE 50 EDGE AI HARDWARE MARKET: COMPANY VALUATION, 2024 (USD BILLION)
FIGURE 51 EDGE AI HARDWARE MARKET: FINANCIAL METRICS (EV/EBITDA), 2024
12.6 BRAND/PRODUCT COMPARISON
FIGURE 52 BRAND/PRODUCT COMPARISON
12.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
12.7.1 STARS
12.7.2 EMERGING LEADERS
12.7.3 PERVASIVE PLAYERS
12.7.4 PARTICIPANTS
FIGURE 53 EDGE AI HARDWARE MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023
12.7.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023
12.7.5.1 Company footprint
FIGURE 54 EDGE AI HARDWARE MARKET: COMPANY FOOTPRINT
12.7.5.2 Device footprint
TABLE 100 EDGE AI HARDWARE MARKET: DEVICE FOOTPRINT
12.7.5.3 Power consumption footprint
TABLE 101 EDGE AI HARDWARE MARKET: POWER CONSUMPTION FOOTPRINT
12.7.5.4 Processor footprint
TABLE 102 EDGE AI HARDWARE MARKET: PROCESSOR FOOTPRINT
12.7.5.5 Function footprint
TABLE 103 EDGE AI HARDWARE MARKET: FUNCTION FOOTPRINT
12.7.5.6 Vertical footprint
TABLE 104 EDGE AI HARDWARE MARKET: VERTICAL FOOTPRINT
12.7.5.7 Region footprint
TABLE 105 EDGE AI HARDWARE MARKET: REGION FOOTPRINT
12.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023
12.8.1 PROGRESSIVE COMPANIES
12.8.2 RESPONSIVE COMPANIES
12.8.3 DYNAMIC COMPANIES
12.8.4 STARTING BLOCKS
FIGURE 55 EDGE AI HARDWARE MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023
12.8.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023
12.8.5.1 Detailed list of key startups/SMEs
TABLE 106 EDGE AI HARDWARE MARKET: LIST OF KEY STARTUPS/SMES
12.8.5.2 Competitive benchmarking of key startups/SMEs
TABLE 107 EDGE AI HARDWARE MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
12.9 COMPETITIVE SCENARIOS AND TRENDS
12.9.1 PRODUCT LAUNCHES
TABLE 108 EDGE AI HARDWARE MARKET: PRODUCT LAUNCHES, JANUARY 2021–APRIL 2024
12.9.2 DEALS
TABLE 109 EDGE AI HARDWARE MARKET: DEALS, JANUARY 2021–APRIL 2024
13 COMPANY PROFILES
(Business Overview, Products Offered, Recent Developments, MnM View Right to win, Strategic choices made, Weaknesses and competitive threats) *
13.1 KEY COMPANIES
13.1.1 QUALCOMM TECHNOLOGIES, INC.
TABLE 110 QUALCOMM TECHNOLOGIES, INC.: COMPANY OVERVIEW
FIGURE 56 QUALCOMM TECHNOLOGIES, INC.: COMPANY SNAPSHOT
TABLE 111 QUALCOMM TECHNOLOGIES, INC.: PRODUCTS/SOLUTIONS OFFERED
TABLE 112 QUALCOMM TECHNOLOGIES, INC.: PRODUCT LAUNCHES
TABLE 113 QUALCOMM TECHNOLOGIES, INC.: DEALS
13.1.2 HUAWEI TECHNOLOGIES CO., LTD.
TABLE 114 HUAWEI TECHNOLOGIES CO., LTD.: COMPANY OVERVIEW
FIGURE 57 HUAWEI TECHNOLOGIES CO., LTD.: COMPANY SNAPSHOT
TABLE 115 HUAWEI TECHNOLOGIES CO., LTD.: PRODUCTS/SOLUTIONS OFFERED
TABLE 116 HUAWEI TECHNOLOGIES CO., LTD.: PRODUCT LAUNCHES
TABLE 117 HUAWEI TECHNOLOGIES CO., LTD.: DEALS
TABLE 118 HUAWEI TECHNOLOGIES CO., LTD.: OTHERS
13.1.3 SAMSUNG
TABLE 119 SAMSUNG: COMPANY OVERVIEW
FIGURE 58 SAMSUNG: COMPANY SNAPSHOT
TABLE 120 SAMSUNG: PRODUCTS/SOLUTIONS OFFERED
TABLE 121 SAMSUNG: PRODUCT LAUNCHES
TABLE 122 SAMSUNG: DEALS
13.1.4 APPLE INC.
TABLE 123 APPLE INC.: COMPANY OVERVIEW
FIGURE 59 APPLE INC.: COMPANY SNAPSHOT
TABLE 124 APPLE INC.: PRODUCTS/SOLUTIONS OFFERED
TABLE 125 APPLE INC.: PRODUCT LAUNCHES
TABLE 126 APPLE INC.: DEALS
13.1.5 MEDIATEK INC.
TABLE 127 MEDIATEK INC.: COMPANY OVERVIEW
FIGURE 60 MEDIATEK INC.: COMPANY SNAPSHOT
TABLE 128 MEDIATEK INC.: PRODUCTS/SOLUTIONS OFFERED
TABLE 129 MEDIATEK INC.: PRODUCT LAUNCHES
TABLE 130 MEDIATEK INC.: DEALS
13.1.6 INTEL CORPORATION
TABLE 131 INTEL CORPORATION: COMPANY OVERVIEW
FIGURE 61 INTEL CORPORATION: COMPANY SNAPSHOT
TABLE 132 INTEL CORPORATION: PRODUCTS/SOLUTIONS OFFERED
TABLE 133 INTEL CORPORATION: PRODUCT LAUNCHES
TABLE 134 INTEL CORPORATION: DEALS
TABLE 135 INTEL: OTHERS
13.1.7 NVIDIA CORPORATION
TABLE 136 NVIDIA CORPORATION: COMPANY OVERVIEW
FIGURE 62 NVIDIA CORPORATION: COMPANY SNAPSHOT
TABLE 137 NVIDIA CORPORATION: PRODUCTS/SOLUTIONS OFFERED
TABLE 138 NVIDIA CORPORATION: PRODUCT LAUNCHES
TABLE 139 NVIDIA: DEALS
13.1.8 IBM
TABLE 140 IBM: COMPANY OVERVIEW
FIGURE 63 IBM: COMPANY SNAPSHOT
TABLE 141 IBM: PRODUCTS/SOLUTIONS OFFERED
TABLE 142 IBM: PRODUCT LAUNCHES
TABLE 143 IBM: DEALS
13.1.9 MICRON TECHNOLOGY, INC.
TABLE 144 MICRON TECHNOLOGY, INC.: COMPANY OVERVIEW
FIGURE 64 MICRON TECHNOLOGY, INC.: COMPANY SNAPSHOT
TABLE 145 MICRON TECHNOLOGY, INC.: PRODUCTS/SOLUTIONS OFFERED
TABLE 146 MICRON TECHNOLOGY, INC.: PRODUCT LAUNCHES
13.1.10 ADVANCED MICRO DEVICES, INC.
TABLE 147 ADVANCED MICRO DEVICES, INC.: COMPANY OVERVIEW
FIGURE 65 ADVANCED MICRO DEVICES, INC.: COMPANY SNAPSHOT
TABLE 148 ADVANCED MICRO DEVICES, INC.: PRODUCTS/SOLUTIONS OFFERED
TABLE 149 ADVANCED MICRO DEVICES, INC.: PRODUCT LAUNCHES
TABLE 150 ADVANCED MICRO DEVICES, INC.: DEALS
13.1.11 META
TABLE 151 META: COMPANY OVERVIEW
FIGURE 66 META: COMPANY SNAPSHOT
TABLE 152 META: PRODUCTS/SOLUTIONS OFFERED
TABLE 153 META: DEALS
13.1.12 TESLA
TABLE 154 TESLA: COMPANY OVERVIEW
FIGURE 67 TESLA: COMPANY SNAPSHOT
TABLE 155 TESLA: PRODUCTS/SOLUTIONS OFFERED
13.1.13 GOOGLE
TABLE 156 GOOGLE: COMPANY OVERVIEW
FIGURE 68 ALPHABET INC.: COMPANY SNAPSHOT
TABLE 157 GOOGLE: PRODUCTS/SOLUTIONS OFFERED
TABLE 158 GOOGLE: PRODUCT LAUNCHES
TABLE 159 GOOGLE: DEALS
13.1.14 MICROSOFT
TABLE 160 MICROSOFT: COMPANY OVERVIEW
FIGURE 69 MICROSOFT: COMPANY SNAPSHOT
TABLE 161 MICROSOFT: PRODUCTS/SOLUTIONS OFFERED
TABLE 162 MICROSOFT: DEALS
13.2 OTHER PLAYERS
13.2.1 IMAGINATION TECHNOLOGIES
13.2.2 CAMBRICON
13.2.3 TENSTORRENT
13.2.4 BLAIZE
13.2.5 GENERAL VISION INC.
13.2.6 MYTHIC
13.2.7 ZERO ASIC CORPORATION
13.2.8 APPLIED BRAIN RESEARCH, INC.
13.2.9 HORIZON ROBOTICS
13.2.10 CEVA, INC.
13.2.11 GRAPHCORE
13.2.12 SAMBANOVA SYSTEMS, INC.
13.2.13 HAILO
13.2.14 VERIDIFY SECURITY INC.
*Details on Business Overview, Products Offered, Recent Developments, MnM View, Right to win, Strategic choices made, Weaknesses and competitive threats might not be captured in case of unlisted companies.
14 APPENDIX
14.1 DISCUSSION GUIDE
14.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
14.3 CUSTOMIZATION OPTIONS
14.4 RELATED REPORTS
14.5 AUTHOR DETAILS
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED
FIGURE 1 EDGE AI HARDWARE MARKET: SEGMENTATION
1.3.2 INCLUSIONS AND EXCLUSIONS
1.3.3 REGIONAL SCOPE
1.3.4 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
TABLE 1 USD EXCHANGE RATES
1.5 UNITS CONSIDERED
1.6 LIMITATIONS
1.7 STAKEHOLDERS
1.8 SUMMARY OF CHANGES
1.9 RECESSION IMPACT
2 RESEARCH METHODOLOGY
2.1 RESEARCH APPROACH
FIGURE 2 EDGE AI HARDWARE MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.1.2 List of major secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 List of key interview participants
2.1.2.2 Key data from primary sources
2.1.2.3 Key industry insights
2.1.2.4 Breakdown of primaries
2.2 SECONDARY AND PRIMARY RESEARCH
FIGURE 3 EDGE AI HARDWARE MARKET: RESEARCH APPROACH
2.3 MARKET SIZE ESTIMATION METHODOLOGY
2.3.1 BOTTOM-UP APPROACH
2.3.1.1 Approach to estimate market size using bottom-up analysis (Demand side)
FIGURE 4 MARKET SIZE METHODOLOGY: BOTTOM-UP APPROACH
2.3.2 TOP-DOWN APPROACH
2.3.2.1 Approach to estimate market size using top-down analysis (Supply side)
FIGURE 5 MARKET SIZE METHODOLOGY: TOP-DOWN APPROACH
2.4 DATA TRIANGULATION
FIGURE 6 DATA TRIANGULATION
2.5 RESEARCH ASSUMPTIONS
2.6 RESEARCH LIMITATIONS
2.7 PARAMETERS CONSIDERED TO ANALYZE IMPACT OF RECESSION ON EDGE AI HARDWARE MARKET
2.8 RISK ASSESSMENT
3 EXECUTIVE SUMMARY
FIGURE 7 SMARTPHONES SEGMENT TO DOMINATE MARKET IN 2029
FIGURE 8 TRAINING SEGMENT TO RECORD HIGHER CAGR DURING FORECAST PERIOD
FIGURE 9 CONSUMER ELECTRONICS SEGMENT TO DOMINATE MARKET IN 2024
FIGURE 10 ASIA PACIFIC TO HOLD LARGEST MARKET SHARE IN 2024 (IN TERMS OF VOLUME)
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE GROWTH OPPORTUNITIES FOR PLAYERS IN EDGE AI HARDWARE MARKET
FIGURE 11 EMERGENCE OF 5G NETWORKS TO CREATE LUCRATIVE OPPORTUNITIES FOR PLAYERS
4.2 EDGE AI HARDWARE MARKET, BY DEVICE
FIGURE 12 SMARTPHONES TO HOLD LARGEST MARKET SHARE IN 2029 (IN TERMS OF VOLUME)
4.3 EDGE AI HARDWARE MARKET, BY VERTICAL
FIGURE 13 CONSUMER ELECTRONICS SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE IN 2029 (IN TERMS OF VOLUME)
4.4 EDGE AI HARDWARE MARKET, BY POWER CONSUMPTION
FIGURE 14 LESS THAN 1 W SEGMENT TO RECORD HIGHEST CAGR DURING FORECAST PERIOD
4.5 EDGE AI HARDWARE MARKET IN ASIA PACIFIC, BY DEVICE AND COUNTRY
FIGURE 15 SMARTPHONES SEGMENT AND CHINA HELD LARGEST MARKET SHARES, IN TERMS OF VOLUME, IN 2023
4.6 EDGE AI HARDWARE MARKET, BY COUNTRY
FIGURE 16 CHINA TO EXHIBIT HIGHEST CAGR IN GLOBAL EDGE AI HARDWARE MARKET DURING FORECAST PERIOD
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 17 EDGE AI HARDWARE MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.2.1 DRIVERS
FIGURE 18 EDGE AI HARDWARE MARKET: IMPACT ANALYSIS OF DRIVERS
5.2.1.1 Growing demand for real-time data transmission in mission-critical applications
5.2.1.2 Rising emphasis on launching innovative AI coprocessors for edge devices
5.2.1.3 Less storage requirement for cloud applications
5.2.1.4 Reduced data load on cloud infrastructure
5.2.2 RESTRAINTS
FIGURE 19 EDGE AI HARDWARE MARKET: IMPACT ANALYSIS OF RESTRAINTS
5.2.2.1 Associated complications in building edge networks
5.2.2.2 Shortage of skilled personnel
5.2.3 OPPORTUNITIES
FIGURE 20 EDGE AI HARDWARE MARKET: IMPACT ANALYSIS OF OPPORTUNITIES
5.2.3.1 Optimizing edge AI hardware for generative AI workloads
5.2.3.2 Development of dedicated AI processors for on-device image analytics
5.2.3.3 Growing popularity of robotics and self-driving cars
5.2.3.4 Launch of 5G networks
5.2.3.5 Emergence of smart applications
5.2.4 CHALLENGES
FIGURE 21 EDGE AI HARDWARE MARKET: IMPACT ANALYSIS OF CHALLENGES
5.2.4.1 Optimization of power consumption
5.2.4.2 Lack of standardization
5.3 SUPPLY CHAIN ANALYSIS
FIGURE 22 EDGE AI HARDWARE MARKET: SUPPLY CHAIN ANALYSIS
5.4 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS' BUSINESSES
FIGURE 23 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS' BUSINESSES
5.5 ECOSYSTEM ANALYSIS
FIGURE 24 EDGE AI HARDWARE MARKET: ECOSYSTEM ANALYSIS
TABLE 2 ROLES OF COMPANIES IN EDGE AI HARDWARE ECOSYSTEM
5.6 PORTER'S FIVE FORCES ANALYSIS
FIGURE 25 EDGE AI HARDWARE MARKET: PORTER'S FIVE FORCES ANALYSIS
TABLE 3 EDGE AI HARDWARE MARKET: PORTER'S FIVE FORCES ANALYSIS
5.6.1 THREAT OF NEW ENTRANTS
5.6.2 THREAT OF SUBSTITUTES
5.6.3 BARGAINING POWER OF SUPPLIERS
5.6.4 BARGAINING POWER OF BUYERS
5.6.5 INTENSITY OF COMPETITIVE RIVALRY
5.7 KEY STAKEHOLDERS AND BUYING CRITERIA
5.7.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 26 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY VERTICAL
TABLE 4 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY VERTICAL (%)
5.7.2 BUYING CRITERIA
FIGURE 27 KEY BUYING CRITERIA, BY VERTICAL
TABLE 5 KEY BUYING CRITERIA, BY VERTICAL
5.8 CASE STUDY ANALYSIS
5.8.1 IMAGIMOB ADDED MOTION INTELLIGENCE IN FITNESS TRACKER TO GAIN MORE DETAILED ANALYSIS OF DAILY ACTIVITIES
5.8.2 ANAGOG JEDAI 4.0 HELPED BANKING INSTITUTIONS MONITOR AND PREDICT CHANGES IN CUSTOMERS' LIFESTYLES
5.8.3 BYTELAKE CREATED STARTER KIT THAT ENABLED FAST DEVELOPMENT AND DEPLOYMENT OF NEW AND INNOVATIVE COMPUTER VISION SYSTEMS IN GROCERY RETAIL STORES
5.8.4 BYTELAKE COMBINED INTEL'S VPU WITH TRADITIONAL DIGITAL CAMERA THAT HELPED IN ELIMINATING LATENCIES RELATED TO CONNECTIVITY ISSUES AND TRAFFIC
5.9 INVESTMENT AND FUNDING SCENARIO
FIGURE 28 INVESTMENT AND FUNDING SCENARIO FOR STARTUP COMPANIES
5.10 TECHNOLOGY ANALYSIS
5.10.1 KEY TECHNOLOGIES
5.10.1.1 IoT
5.10.1.2 5G
5.10.1.3 Fog computing
5.10.2 COMPLEMENTARY TECHNOLOGIES
5.10.2.1 Generative AI
5.10.3 ADJACENT TECHNOLOGIES
5.10.3.1 Blockchain
5.11 TRADE ANALYSIS
5.11.1 IMPORT SCENARIO (HS CODE 854231)
FIGURE 29 IMPORT DATA FOR HS CODE 854231-COMPLIANT PRODUCTS, BY COUNTRY, 2018–2022
TABLE 6 IMPORT DATA FOR HS CODE 854231-COMPLIANT PRODUCTS, BY COUNTRY, 2018–2022 (USD THOUSAND)
5.11.2 EXPORT SCENARIO (HS CODE 854231)
FIGURE 30 EXPORT DATA FOR HS CODE 854231-COMPLIANT PRODUCTS, BY COUNTRY, 2018–2022
TABLE 7 EXPORT DATA FOR HS CODE 854231-COMPLIANT PRODUCTS, BY COUNTRY, 2018–2022 (USD THOUSAND)
5.12 TARIFF ANALYSIS
TABLE 8 MFN TARIFF FOR HS CODE 854231-COMPLIANT PRODUCTS EXPORTED BY CHINA
TABLE 9 MFN TARIFF FOR HS CODE 854231-COMPLIANT PRODUCTS EXPORTED BY US
TABLE 10 MFN TARIFF FOR HS CODE 854231-COMPLIANT PRODUCTS EXPORTED BY GERMANY
TABLE 11 MFN TARIFF FOR HS CODE 854231-COMPLIANT PRODUCTS EXPORTED BY FRANCE
5.13 PATENT ANALYSIS
TABLE 12 LIST OF APPLIED/GRANTED PATENTS RELATED TO EDGE AI HARDWARE, 2020–2024
FIGURE 31 NUMBER OF APPLIED AND GRANTED PATENTS RELATED TO EDGE AI HARDWARE, 2013–2023
5.14 REGULATORY LANDSCAPE AND STANDARDS
5.14.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 13 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 14 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 15 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 16 ROW: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.14.2 STANDARDS
TABLE 17 INTERNATIONAL STANDARDS RELATED TO EDGE AI HARDWARE
5.15 KEY CONFERENCES AND EVENTS, 2024–2025
TABLE 18 EDGE AI HARDWARE MARKET: LIST OF CONFERENCES AND EVENTS, 2024–2025
5.16 PRICING ANALYSIS
5.16.1 INDICATIVE PRICING TREND OF KEY PLAYERS, BY PROCESSOR
FIGURE 32 INDICATIVE PRICING TREND OF EDGE AI HARDWARE OFFERED BY KEY PLAYERS, BY PROCESSOR (USD)
TABLE 19 INDICATIVE PRICING TREND OF EDGE AI HARDWARE OFFERED BY KEY PLAYERS, BY PROCESSOR (USD)
5.16.2 AVERAGE SELLING PRICE TREND, BY REGION
FIGURE 33 AVERAGE SELLING PRICE TREND OF EDGE AI HARDWARE, BY REGION, 2020–2023 (USD)
6 EDGE AI HARDWARE MARKET, BY DEVICE
6.1 INTRODUCTION
FIGURE 34 WEARABLES SEGMENT TO RECORD HIGHEST CAGR DURING FORECAST PERIOD
TABLE 20 EDGE AI HARDWARE MARKET, BY DEVICE, 2020–2023 (THOUSAND UNITS)
TABLE 21 EDGE AI HARDWARE MARKET, BY DEVICE, 2024–2029 (THOUSAND UNITS)
TABLE 22 EDGE AI HARDWARE MARKET, BY DEVICE, 2020–2023 (USD MILLION)
TABLE 23 EDGE AI HARDWARE MARKET, BY DEVICE, 2024–2029 (USD MILLION)
6.2 SMARTPHONES
6.2.1 INCREASING DEMAND FOR REAL-TIME SPEECH AND VOICE RECOGNITION TO DRIVE MARKET
TABLE 24 SMARTPHONES: EDGE AI HARDWARE MARKET, BY REGION, 2020–2023 (THOUSAND UNITS)
TABLE 25 SMARTPHONES: EDGE AI HARDWARE MARKET, BY REGION, 2024–2029 (THOUSAND UNITS)
6.3 SURVEILLANCE CAMERAS
6.3.1 ABILITY TO RUN DEEP NEURAL NETWORKS AT HIGH SPEED AND LOW POWER TO FUEL MARKET GROWTH
TABLE 26 SURVEILLANCE CAMERAS: EDGE AI HARDWARE MARKET, BY APPLICATION, 2020–2023 (THOUSAND UNITS)
TABLE 27 SURVEILLANCE CAMERAS: EDGE AI HARDWARE MARKET, BY APPLICATION, 2024–2029 (THOUSAND UNITS)
FIGURE 35 ASIA PACIFIC TO EXHIBIT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 28 SURVEILLANCE CAMERAS: EDGE AI HARDWARE MARKET, BY REGION, 2020–2023 (THOUSAND UNITS)
TABLE 29 SURVEILLANCE CAMERAS: EDGE AI HARDWARE MARKET, BY REGION, 2024–2029 (THOUSAND UNITS)
6.4 ROBOTS
6.4.1 RISING DEMAND FOR SPEECH RECOGNITION, NATURAL LANGUAGE ANALYSIS, AND IMAGE LABELING TO BOOST DEMAND
TABLE 30 ROBOTS: EDGE AI HARDWARE MARKET, BY APPLICATION, 2020–2023 (THOUSAND UNITS)
TABLE 31 ROBOTS: EDGE AI HARDWARE MARKET, BY APPLICATION, 2024–2029 (THOUSAND UNITS)
TABLE 32 ROBOTS: EDGE AI HARDWARE MARKET, BY REGION, 2020–2023 (THOUSAND UNITS)
TABLE 33 ROBOTS: EDGE AI HARDWARE MARKET, BY REGION, 2024–2029 (THOUSAND UNITS)
6.5 WEARABLES
6.5.1 IMPROVED CONNECTIVITY AND EASE OF APPLICATION TO FOSTER SEGMENTAL GROWTH
TABLE 34 WEARABLES: EDGE AI HARDWARE MARKET, BY APPLICATION, 2020–2023 (THOUSAND UNITS)
TABLE 35 WEARABLES: EDGE AI HARDWARE MARKET, BY APPLICATION, 2024–2029 (THOUSAND UNITS)
FIGURE 36 NORTH AMERICA TO DOMINATE MARKET IN 2024
TABLE 36 WEARABLES: EDGE AI HARDWARE MARKET, BY REGION, 2020–2023 (THOUSAND UNITS)
TABLE 37 WEARABLES: EDGE AI HARDWARE MARKET, BY REGION, 2024–2029 (THOUSAND UNITS)
6.6 EDGE SERVERS
6.6.1 RISE IN INDUSTRIAL AUTOMATION AND ROBOTICS TO DRIVE DEMAND
TABLE 38 EDGE SERVERS: EDGE AI HARDWARE MARKET, BY REGION, 2020–2023 (THOUSAND UNITS)
TABLE 39 EDGE SERVERS: EDGE AI HARDWARE MARKET, BY REGION, 2024–2029 (THOUSAND UNITS)
6.7 SMART SPEAKERS
6.7.1 GROWING POPULARITY OF VOICE COMMANDS TO ACCELERATE DEMAND
TABLE 40 SMART SPEAKERS: EDGE AI HARDWARE MARKET, BY REGION, 2020–2023 (THOUSAND UNITS)
TABLE 41 SMART SPEAKERS: EDGE AI HARDWARE MARKET, BY REGION, 2024–2029 (THOUSAND UNITS)
6.8 AUTOMOBILES
6.8.1 GROWING INTEGRATION OF NLP- AND ML-BASED ADAS IN AUTOMOBILES TO DRIVE MARKET
TABLE 42 AUTOMOBILES: EDGE AI HARDWARE MARKET, BY REGION, 2020–2023 (THOUSAND UNITS)
TABLE 43 AUTOMOBILES: EDGE AI HARDWARE MARKET, BY REGION, 2024–2029 (THOUSAND UNITS)
6.9 OTHER DEVICES
TABLE 44 OTHER DEVICES: EDGE AI HARDWARE MARKET, BY REGION, 2020–2023 (THOUSAND UNITS)
TABLE 45 OTHER DEVICES: EDGE AI HARDWARE MARKET, BY REGION, 2024–2029 (THOUSAND UNITS)
7 EDGE AI HARDWARE MARKET, BY POWER CONSUMPTION
7.1 INTRODUCTION
FIGURE 37 LESS THAN 1 W SEGMENT TO EXHIBIT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 46 EDGE AI HARDWARE MARKET, BY POWER CONSUMPTION, 2020–2023 (THOUSAND UNITS)
TABLE 47 EDGE AI HARDWARE MARKET, BY POWER CONSUMPTION, 2024–2029 (THOUSAND UNITS)
TABLE 48 EDGE AI HARDWARE MARKET, BY POWER CONSUMPTION, 2020–2023 (USD MILLION)
TABLE 49 EDGE AI HARDWARE MARKET, BY POWER CONSUMPTION, 2024–2029 (USD MILLION)
7.2 LESS THAN 1 W
7.2.1 RISING DEMAND FOR FITNESS TRACKERS, SMART WATCHES, SMART GLASSES TO FUEL MARKET GROWTH
7.3 1–3 W
7.3.1 SURGING DEMAND FOR SMARTPHONES TO FOSTER SEGMENTAL GROWTH
7.4 3–5 W
7.4.1 RISING DEMAND FOR SMART SPEAKERS TO FOSTER SEGMENTAL GROWTH
7.5 5–10 W
7.5.1 GROWING APPLICATION OF FACE RECOGNITION AND VEHICLE RECOGNITION TECHNOLOGIES TO DRIVE MARKET
7.6 MORE THAN 10 W
7.6.1 RISING DEMAND FOR SMART MIRRORS TO FUEL MARKET GROWTH
8 EDGE AI HARDWARE MARKET, BY PROCESSOR
8.1 INTRODUCTION
FIGURE 38 CPUS SEGMENT TO HOLD LARGEST SHARE OF EDGE AI HARDWARE MARKET FOR PROCESSORS IN 2029
TABLE 50 EDGE AI HARDWARE MARKET, BY PROCESSOR, 2020–2023 (MILLION UNITS)
TABLE 51 EDGE AI HARDWARE MARKET, BY PROCESSOR, 2024–2029 (MILLION UNITS)
8.2 CENTRAL PROCESSING UNITS
8.2.1 GROWING DEPLOYMENT IN SMARTPHONES AND SMART SPEAKERS TO BOOST MARKET GROWTH
8.3 GRAPHICS PROCESSING UNITS
8.3.1 INCREASING ADOPTION OF ROBOTICS TO FUEL MARKET GROWTH
8.4 APPLICATION-SPECIFIC INTEGRATED CIRCUITS
8.4.1 ABILITY TO PERFORM FIXED OPERATIONS EFFICIENTLY TO ACCELERATE DEMAND
8.5 OTHER PROCESSORS
9 EDGE AI HARDWARE MARKET, BY FUNCTION
9.1 INTRODUCTION
FIGURE 39 INFERENCE SEGMENT TO HOLD LARGER MARKET SHARE IN 2029
TABLE 52 EDGE AI HARDWARE MARKET, BY FUNCTION, 2020–2023 (MILLION UNITS)
TABLE 53 EDGE AI HARDWARE MARKET, BY FUNCTION, 2024–2029 (MILLION UNITS)
TABLE 54 EDGE AI HARDWARE MARKET, BY FUNCTION, 2020–2023 (USD MILLION)
TABLE 55 EDGE AI HARDWARE MARKET, BY FUNCTION, 2024–2029 (USD MILLION)
9.2 TRAINING
9.2.1 ABILITY TO OFFER DATA SECURITY TO BOOST DEMAND
9.3 INFERENCE
9.3.1 RISING FOCUS ON DEVELOPING LOW-POWER AND HIGH-PERFORMANCE PROCESSORS TO DRIVE MARKET
10 EDGE AI HARDWARE MARKET, BY VERTICAL
10.1 INTRODUCTION
FIGURE 40 CONSUMER ELECTRONICS SEGMENT TO DOMINATE MARKET IN 2029
TABLE 56 EDGE AI HARDWARE MARKET, BY VERTICAL, 2020–2023 (THOUSAND UNITS)
TABLE 57 EDGE AI HARDWARE MARKET, BY VERTICAL, 2024–2029 (THOUSAND UNITS)
TABLE 58 EDGE AI HARDWARE MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
TABLE 59 EDGE AI HARDWARE MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
10.2 CONSUMER ELECTRONICS
10.2.1 GROWING DEMAND FOR SMARTPHONES INTEGRATED WITH FACIAL RECOGNITION TECHNOLOGY TO FUEL MARKET GROWTH
TABLE 60 CONSUMER ELECTRONICS: EDGE AI HARDWARE MARKET, BY DEVICE, 2020–2023 (THOUSAND UNITS)
TABLE 61 CONSUMER ELECTRONICS: EDGE AI HARDWARE MARKET, BY DEVICE, 2024–2029 (THOUSAND UNITS)
10.2.2 BY DEVICE
10.2.2.1 Smartphones
10.2.2.1.1 Shift toward less reliance on connectivity to boost market
10.2.2.2 Wearables
10.2.2.2.1 Growing deployment of AI in AR/VR devices to drive market
10.2.2.3 Entertainment robots
10.2.2.3.1 Increasing demand for affordable and high-quality robots to boost demand
10.3 SMART HOMES
10.3.1 GROWING DEMAND FOR SMART SPEAKERS TO DRIVE MARKET
TABLE 62 SMART HOMES: EDGE AI HARDWARE MARKET, BY DEVICE, 2020–2023 (THOUSAND UNITS)
TABLE 63 SMART HOMES: EDGE AI HARDWARE MARKET, BY DEVICE, 2024–2029 (THOUSAND UNITS)
10.3.2 BY DEVICE
10.3.2.1 Smart speakers
10.3.2.1.1 Growing demand for user-friendly tools to foster segmental growth
10.3.2.2 Smart cameras
10.3.2.2.1 Ability to offer superior speed and enhanced performance to accelerate demand
10.3.2.3 Domestic robots
10.3.2.3.1 Increasing adoption in households for floor and pool cleaning to boost demand
10.4 AUTOMOTIVE & TRANSPORTATION
FIGURE 41 AUTOMOBILE SEGMENT TO RECORD HIGHEST CAGR DURING FORECAST PERIOD
TABLE 64 AUTOMOTIVE & TRANSPORTATION: EDGE AI HARDWARE MARKET, BY DEVICE, 2020–2023 (THOUSAND UNITS)
TABLE 65 AUTOMOTIVE & TRANSPORTATION: EDGE AI HARDWARE MARKET, BY DEVICE, 2024–2029 (THOUSAND UNITS)
10.4.1 BY DEVICE
10.4.1.1 Automobile parts
10.4.1.1.1 Growing emphasis on developing autonomous vehicles to drive market
10.4.1.2 Surveillance cameras
10.4.1.2.1 Growing utilization in vehicle number plate recognition to drive market
10.4.1.3 Logistics robots
10.4.1.3.1 Increasing need to handle couriers and cargo to drive market
10.4.1.4 Other automotive & transportation devices
10.5 GOVERNMENT
10.5.1 RISING ADOPTION OF ADVANCED TECHNOLOGIES TO ENSURE SECURITY AND SAFETY TO DRIVE MARKET
TABLE 66 GOVERNMENT: EDGE AI HARDWARE MARKET, BY DEVICE, 2020–2023 (THOUSAND UNITS)
TABLE 67 GOVERNMENT: EDGE AI HARDWARE MARKET, BY DEVICE, 2024–2029 (THOUSAND UNITS)
10.5.2 BY DEVICE
10.5.2.1 Surveillance cameras
10.5.2.1.1 Growing need to scan public places and track public behavior to drive market
10.5.2.2 Drones
10.5.2.2.1 Increasing adoption to track suspects and investigate accidents to propel market growth
10.6 HEALTHCARE
10.6.1 EMERGENCE OF WEARABLE AI TO OFFER LUCRATIVE OPPORTUNITIES
TABLE 68 HEALTHCARE: EDGE AI HARDWARE MARKET, BY DEVICE, 2020–2023 (THOUSAND UNITS)
TABLE 69 HEALTHCARE: EDGE AI HARDWARE MARKET, BY DEVICE, 2024–2029 (THOUSAND UNITS)
10.6.2 BY DEVICE
10.6.2.1 Medical robots
10.6.2.1.1 Rising focus on minimizing infection risks to patients to drive market
10.6.2.2 Wearables
10.6.2.2.1 Increasing demand for remote patient monitoring to fuel market growth
10.6.2.3 Other healthcare devices
10.7 INDUSTRIAL
10.7.1 GROWING FOCUS ON QUALITY CONTROL AND REGULAR MACHINE INSPECTIONS TO ACCELERATE DEMAND
FIGURE 42 INDUSTRIAL ROBOTS SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
TABLE 70 INDUSTRIAL: EDGE AI HARDWARE MARKET, BY DEVICE, 2020–2023 (THOUSAND UNITS)
TABLE 71 INDUSTRIAL: EDGE AI HARDWARE MARKET, BY DEVICE, 2024–2029 (THOUSAND UNITS)
10.7.2 BY DEVICE
10.7.2.1 Industrial robots
10.7.2.1.1 Increasing adoption of robots to speed up production, increase productivity, and reduce product cost to boost market
10.7.2.2 Drones
10.7.2.2.1 Growing inclination toward automating inspection processes to boost demand
10.7.2.3 MV cameras
10.7.2.3.1 Surging need to minimize production downtime to fuel market growth
10.8 AEROSPACE & DEFENSE
10.8.1 SURGING ADOPTION OF MILITARY ROBOTS AND EXOSKELETONS TO FUEL MARKET GROWTH
TABLE 72 AEROSPACE & DEFENSE: EDGE AI HARDWARE MARKET, BY DEVICE, 2020–2023 (THOUSAND UNITS)
TABLE 73 AEROSPACE & DEFENSE: EDGE AI HARDWARE MARKET, BY DEVICE, 2024–2029 (THOUSAND UNITS)
10.8.2 BY DEVICE
10.8.2.1 Service robots
10.8.2.1.1 Growing need for autonomous actions in critical situations to drive market
10.8.2.2 Other aerospace & defense devices
10.9 CONSTRUCTION
10.9.1 INCREASING EMPHASIS ON RENOVATION AND DEMOLITION ACTIVITIES TO DRIVE MARKET
TABLE 74 CONSTRUCTION: EDGE AI HARDWARE MARKET, BY DEVICE, 2020–2023 (THOUSAND UNITS)
TABLE 75 CONSTRUCTION: EDGE AI HARDWARE MARKET, BY DEVICE, 2024–2029 (THOUSAND UNITS)
10.9.2 BY DEVICE
10.9.2.1 Service robots
10.9.2.1.1 Ability to offer effective infrastructure solutions with repair, maintenance, and renewal to drive demand
10.9.2.2 Drones
10.9.2.2.1 Increasing use in earthwork management and project planning applications to fuel market growth
10.10 OTHER VERTICALS
FIGURE 43 WEARABLES SEGMENT TO DOMINATE MARKET IN 2029
TABLE 76 OTHER VERTICALS: EDGE AI HARDWARE MARKET, BY DEVICE, 2020–2023 (THOUSAND UNITS)
TABLE 77 OTHER VERTICALS: EDGE AI HARDWARE MARKET, BY DEVICE, 2024–2029 (THOUSAND UNITS)
10.10.1 BY DEVICE
10.10.1.1 Surveillance cameras
10.10.1.1.1 Growing incidents of robbery to boost demand
10.10.1.2 Professional service robots
10.10.1.2.1 Increasing need to boost crop production to drive market
10.10.1.3 Wearables
10.10.1.3.1 Rising adoption in on-job training processes to drive market
10.10.1.4 Other devices
10.10.2 EDGE SERVERS
10.10.2.1 Need to improve efficiency of agricultural operations to boost demand
10.10.3 DRONES
10.10.3.1 Growing need to monitor crops to drive market
11 EDGE AI HARDWARE MARKET, BY REGION
11.1 INTRODUCTION
FIGURE 44 ASIA PACIFIC TO RECORD HIGHEST CAGR DURING FORECAST PERIOD
TABLE 78 EDGE AI HARDWARE MARKET, BY REGION, 2020–2023 (MILLION UNITS)
TABLE 79 EDGE AI HARDWARE MARKET, BY REGION, 2024–2029 (MILLION UNITS)
TABLE 80 EDGE AI HARDWARE MARKET, BY REGION, 2020–2023 (USD MILLION)
TABLE 81 EDGE AI HARDWARE MARKET, BY REGION, 2024–2029 (USD MILLION)
11.2 NORTH AMERICA
11.2.1 IMPACT OF RECESSION ON EDGE AI HARDWARE MARKET IN NORTH AMERICA
FIGURE 45 NORTH AMERICA: EDGE AI HARDWARE MARKET SNAPSHOT
TABLE 82 NORTH AMERICA: EDGE AI HARDWARE MARKET, BY DEVICE, 2020–2023 (THOUSAND UNITS)
TABLE 83 NORTH AMERICA: EDGE AI HARDWARE MARKET, BY DEVICE, 2024–2029 (THOUSAND UNITS)
TABLE 84 NORTH AMERICA: EDGE AI HARDWARE MARKET, BY COUNTRY, 2020–2023 (THOUSAND UNITS)
TABLE 85 NORTH AMERICA: EDGE AI HARDWARE MARKET, BY COUNTRY, 2024–2029 (THOUSAND UNITS)
11.2.2 US
11.2.2.1 Government-led investments in machine learning solutions to drive market
11.2.3 CANADA
11.2.3.1 Growing adoption of AI and ML by startups to accelerate demand
11.2.4 MEXICO
11.2.4.1 Increasing penetration of AI and robotics in manufacturing sector to fuel market growth
11.3 EUROPE
11.3.1 RECESSION IMPACT ON EDGE AI HARDWARE MARKET IN EUROPE
FIGURE 46 EUROPE: EDGE AI HARDWARE MARKET SNAPSHOT
TABLE 86 EUROPE: EDGE AI HARDWARE MARKET, BY DEVICE, 2020–2023 (THOUSAND UNITS)
TABLE 87 EUROPE: EDGE AI HARDWARE MARKET, BY DEVICE, 2024–2029 (THOUSAND UNITS)
TABLE 88 EUROPE: EDGE AI HARDWARE MARKET, BY COUNTRY, 2020–2023 (THOUSAND UNITS)
TABLE 89 EUROPE: EDGE AI HARDWARE MARKET, BY COUNTRY, 2024–2029 (THOUSAND UNITS)
11.3.2 GERMANY
11.3.2.1 Growing adoption of digital solutions by manufacturing industries to fuel market growth
11.3.3 UK
11.3.3.1 Rising demand for AI-based robots in manufacturing sector to drive market
11.3.4 FRANCE
11.3.4.1 Government support for startups offering AI-powered devices to fuel market growth
11.3.5 REST OF EUROPE
11.4 ASIA PACIFIC
11.4.1 RECESSION IMPACT ON EDGE AI HARDWARE MARKET IN ASIA PACIFIC
FIGURE 47 ASIA PACIFIC: EDGE AI HARDWARE MARKET SNAPSHOT
TABLE 90 ASIA PACIFIC: EDGE AI HARDWARE MARKET, BY DEVICE, 2020–2023 (THOUSAND UNITS)
TABLE 91 ASIA PACIFIC: EDGE AI HARDWARE MARKET, BY DEVICE, 2024–2029 (THOUSAND UNITS)
TABLE 92 ASIA PACIFIC: EDGE AI HARDWARE MARKET, BY COUNTRY, 2020–2023 (THOUSAND UNITS)
TABLE 93 ASIA PACIFIC: EDGE AI HARDWARE MARKET, BY COUNTRY, 2024–2029 (THOUSAND UNITS)
11.4.2 CHINA
11.4.2.1 Thriving automotive & transportation sectors to drive market
11.4.3 JAPAN
11.4.3.1 Growing emphasis on manufacturing industrial robots to drive market
11.4.4 SOUTH KOREA
11.4.4.1 Rising focus on developing AI infrastructure to drive market
11.4.5 REST OF ASIA PACIFIC
11.5 ROW
11.5.1 RECESSION IMPACT ON EDGE AI HARDWARE MARKET IN ROW
TABLE 94 ROW: EDGE AI HARDWARE MARKET, BY DEVICE, 2020–2023 (THOUSAND UNITS)
TABLE 95 ROW: EDGE AI HARDWARE MARKET, BY DEVICE, 2024–2029 (THOUSAND UNITS)
TABLE 96 ROW: EDGE AI HARDWARE MARKET, BY REGION, 2020–2023 (THOUSAND UNITS)
TABLE 97 ROW: EDGE AI HARDWARE MARKET, BY REGION, 2024–2029 (THOUSAND UNITS)
11.5.2 SOUTH AMERICA
11.5.2.1 High investments in IT security to accelerate market growth
11.5.3 GCC
11.5.3.1 Rapid industrialization to drive demand
11.5.4 REST OF MIDDLE EAST & AFRICA
12 COMPETITIVE LANDSCAPE
12.1 OVERVIEW
12.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2021–2024
TABLE 98 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2021–2024
12.3 REVENUE ANALYSIS, 2019–2023
FIGURE 48 EDGE AI HARDWARE MARKET: REVENUE ANALYSIS OF TOP FIVE PLAYERS, 2019–2023
12.4 MARKET SHARE ANALYSIS, 2023
TABLE 99 EDGE AI HARDWARE MARKET: DEGREE OF COMPETITION, 2023
FIGURE 49 EDGE AI HARDWARE MARKET SHARE ANALYSIS, 2023
12.5 COMPANY VALUATION AND FINANCIAL METRICS, 2024
FIGURE 50 EDGE AI HARDWARE MARKET: COMPANY VALUATION, 2024 (USD BILLION)
FIGURE 51 EDGE AI HARDWARE MARKET: FINANCIAL METRICS (EV/EBITDA), 2024
12.6 BRAND/PRODUCT COMPARISON
FIGURE 52 BRAND/PRODUCT COMPARISON
12.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
12.7.1 STARS
12.7.2 EMERGING LEADERS
12.7.3 PERVASIVE PLAYERS
12.7.4 PARTICIPANTS
FIGURE 53 EDGE AI HARDWARE MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023
12.7.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023
12.7.5.1 Company footprint
FIGURE 54 EDGE AI HARDWARE MARKET: COMPANY FOOTPRINT
12.7.5.2 Device footprint
TABLE 100 EDGE AI HARDWARE MARKET: DEVICE FOOTPRINT
12.7.5.3 Power consumption footprint
TABLE 101 EDGE AI HARDWARE MARKET: POWER CONSUMPTION FOOTPRINT
12.7.5.4 Processor footprint
TABLE 102 EDGE AI HARDWARE MARKET: PROCESSOR FOOTPRINT
12.7.5.5 Function footprint
TABLE 103 EDGE AI HARDWARE MARKET: FUNCTION FOOTPRINT
12.7.5.6 Vertical footprint
TABLE 104 EDGE AI HARDWARE MARKET: VERTICAL FOOTPRINT
12.7.5.7 Region footprint
TABLE 105 EDGE AI HARDWARE MARKET: REGION FOOTPRINT
12.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023
12.8.1 PROGRESSIVE COMPANIES
12.8.2 RESPONSIVE COMPANIES
12.8.3 DYNAMIC COMPANIES
12.8.4 STARTING BLOCKS
FIGURE 55 EDGE AI HARDWARE MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023
12.8.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023
12.8.5.1 Detailed list of key startups/SMEs
TABLE 106 EDGE AI HARDWARE MARKET: LIST OF KEY STARTUPS/SMES
12.8.5.2 Competitive benchmarking of key startups/SMEs
TABLE 107 EDGE AI HARDWARE MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
12.9 COMPETITIVE SCENARIOS AND TRENDS
12.9.1 PRODUCT LAUNCHES
TABLE 108 EDGE AI HARDWARE MARKET: PRODUCT LAUNCHES, JANUARY 2021–APRIL 2024
12.9.2 DEALS
TABLE 109 EDGE AI HARDWARE MARKET: DEALS, JANUARY 2021–APRIL 2024
13 COMPANY PROFILES
(Business Overview, Products Offered, Recent Developments, MnM View Right to win, Strategic choices made, Weaknesses and competitive threats) *
13.1 KEY COMPANIES
13.1.1 QUALCOMM TECHNOLOGIES, INC.
TABLE 110 QUALCOMM TECHNOLOGIES, INC.: COMPANY OVERVIEW
FIGURE 56 QUALCOMM TECHNOLOGIES, INC.: COMPANY SNAPSHOT
TABLE 111 QUALCOMM TECHNOLOGIES, INC.: PRODUCTS/SOLUTIONS OFFERED
TABLE 112 QUALCOMM TECHNOLOGIES, INC.: PRODUCT LAUNCHES
TABLE 113 QUALCOMM TECHNOLOGIES, INC.: DEALS
13.1.2 HUAWEI TECHNOLOGIES CO., LTD.
TABLE 114 HUAWEI TECHNOLOGIES CO., LTD.: COMPANY OVERVIEW
FIGURE 57 HUAWEI TECHNOLOGIES CO., LTD.: COMPANY SNAPSHOT
TABLE 115 HUAWEI TECHNOLOGIES CO., LTD.: PRODUCTS/SOLUTIONS OFFERED
TABLE 116 HUAWEI TECHNOLOGIES CO., LTD.: PRODUCT LAUNCHES
TABLE 117 HUAWEI TECHNOLOGIES CO., LTD.: DEALS
TABLE 118 HUAWEI TECHNOLOGIES CO., LTD.: OTHERS
13.1.3 SAMSUNG
TABLE 119 SAMSUNG: COMPANY OVERVIEW
FIGURE 58 SAMSUNG: COMPANY SNAPSHOT
TABLE 120 SAMSUNG: PRODUCTS/SOLUTIONS OFFERED
TABLE 121 SAMSUNG: PRODUCT LAUNCHES
TABLE 122 SAMSUNG: DEALS
13.1.4 APPLE INC.
TABLE 123 APPLE INC.: COMPANY OVERVIEW
FIGURE 59 APPLE INC.: COMPANY SNAPSHOT
TABLE 124 APPLE INC.: PRODUCTS/SOLUTIONS OFFERED
TABLE 125 APPLE INC.: PRODUCT LAUNCHES
TABLE 126 APPLE INC.: DEALS
13.1.5 MEDIATEK INC.
TABLE 127 MEDIATEK INC.: COMPANY OVERVIEW
FIGURE 60 MEDIATEK INC.: COMPANY SNAPSHOT
TABLE 128 MEDIATEK INC.: PRODUCTS/SOLUTIONS OFFERED
TABLE 129 MEDIATEK INC.: PRODUCT LAUNCHES
TABLE 130 MEDIATEK INC.: DEALS
13.1.6 INTEL CORPORATION
TABLE 131 INTEL CORPORATION: COMPANY OVERVIEW
FIGURE 61 INTEL CORPORATION: COMPANY SNAPSHOT
TABLE 132 INTEL CORPORATION: PRODUCTS/SOLUTIONS OFFERED
TABLE 133 INTEL CORPORATION: PRODUCT LAUNCHES
TABLE 134 INTEL CORPORATION: DEALS
TABLE 135 INTEL: OTHERS
13.1.7 NVIDIA CORPORATION
TABLE 136 NVIDIA CORPORATION: COMPANY OVERVIEW
FIGURE 62 NVIDIA CORPORATION: COMPANY SNAPSHOT
TABLE 137 NVIDIA CORPORATION: PRODUCTS/SOLUTIONS OFFERED
TABLE 138 NVIDIA CORPORATION: PRODUCT LAUNCHES
TABLE 139 NVIDIA: DEALS
13.1.8 IBM
TABLE 140 IBM: COMPANY OVERVIEW
FIGURE 63 IBM: COMPANY SNAPSHOT
TABLE 141 IBM: PRODUCTS/SOLUTIONS OFFERED
TABLE 142 IBM: PRODUCT LAUNCHES
TABLE 143 IBM: DEALS
13.1.9 MICRON TECHNOLOGY, INC.
TABLE 144 MICRON TECHNOLOGY, INC.: COMPANY OVERVIEW
FIGURE 64 MICRON TECHNOLOGY, INC.: COMPANY SNAPSHOT
TABLE 145 MICRON TECHNOLOGY, INC.: PRODUCTS/SOLUTIONS OFFERED
TABLE 146 MICRON TECHNOLOGY, INC.: PRODUCT LAUNCHES
13.1.10 ADVANCED MICRO DEVICES, INC.
TABLE 147 ADVANCED MICRO DEVICES, INC.: COMPANY OVERVIEW
FIGURE 65 ADVANCED MICRO DEVICES, INC.: COMPANY SNAPSHOT
TABLE 148 ADVANCED MICRO DEVICES, INC.: PRODUCTS/SOLUTIONS OFFERED
TABLE 149 ADVANCED MICRO DEVICES, INC.: PRODUCT LAUNCHES
TABLE 150 ADVANCED MICRO DEVICES, INC.: DEALS
13.1.11 META
TABLE 151 META: COMPANY OVERVIEW
FIGURE 66 META: COMPANY SNAPSHOT
TABLE 152 META: PRODUCTS/SOLUTIONS OFFERED
TABLE 153 META: DEALS
13.1.12 TESLA
TABLE 154 TESLA: COMPANY OVERVIEW
FIGURE 67 TESLA: COMPANY SNAPSHOT
TABLE 155 TESLA: PRODUCTS/SOLUTIONS OFFERED
13.1.13 GOOGLE
TABLE 156 GOOGLE: COMPANY OVERVIEW
FIGURE 68 ALPHABET INC.: COMPANY SNAPSHOT
TABLE 157 GOOGLE: PRODUCTS/SOLUTIONS OFFERED
TABLE 158 GOOGLE: PRODUCT LAUNCHES
TABLE 159 GOOGLE: DEALS
13.1.14 MICROSOFT
TABLE 160 MICROSOFT: COMPANY OVERVIEW
FIGURE 69 MICROSOFT: COMPANY SNAPSHOT
TABLE 161 MICROSOFT: PRODUCTS/SOLUTIONS OFFERED
TABLE 162 MICROSOFT: DEALS
13.2 OTHER PLAYERS
13.2.1 IMAGINATION TECHNOLOGIES
13.2.2 CAMBRICON
13.2.3 TENSTORRENT
13.2.4 BLAIZE
13.2.5 GENERAL VISION INC.
13.2.6 MYTHIC
13.2.7 ZERO ASIC CORPORATION
13.2.8 APPLIED BRAIN RESEARCH, INC.
13.2.9 HORIZON ROBOTICS
13.2.10 CEVA, INC.
13.2.11 GRAPHCORE
13.2.12 SAMBANOVA SYSTEMS, INC.
13.2.13 HAILO
13.2.14 VERIDIFY SECURITY INC.
*Details on Business Overview, Products Offered, Recent Developments, MnM View, Right to win, Strategic choices made, Weaknesses and competitive threats might not be captured in case of unlisted companies.
14 APPENDIX
14.1 DISCUSSION GUIDE
14.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
14.3 CUSTOMIZATION OPTIONS
14.4 RELATED REPORTS
14.5 AUTHOR DETAILS
