|
Global Edge AI Hardware Market Report 2022: Emergence Of 5G Networks That Integrate IT And Telecom Present Opportunities
Saturday, February 4, 2023
DUBLIN, Jan. 11, 2023 /PRNewswire/ -- The "Global Edge AI Hardware Market Size, Share & Industry Trends Analysis Report By Function (Inference and Training), By Device Type, By Component (Processor, Memory and Sensor & Others), By Vertical, By Regional Outlook and Forecast, 2022 - 2028" report has been added to ResearchAndMarkets.com's offering.
https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg
The Global Edge AI Hardware Market size is expected to reach $21.4 billion by 2028, rising at a market growth of 17.4% CAGR during the forecast period.
Market Growth Factors
Mission-Critical Applications Necessitating Minimal Latency And Real-Time Data Transmission
In edge AI, machine learning algorithms handle IoT-generated data on near-end devices to solve the issues of excessive latency and insufficient security. A vast amount of data collected by an IoT device is sent to the cloud, where machine learning (ML) models are executed and the processed data is transferred back to the device, which may cause a delay in response. However, AI in the gadget reduces data exchange, allowing for a quicker response.
The Emergence Of 5G Networks That Integrate IT And Telecom
IT and telecoms are collaborating to deliver new capabilities for high-end apps and reduce network latency with the introduction of 5G networks. The 5G network enables the development of data centers at edge modules and the implementation of industry-specific networks in a single environment using virtualization and software-defined networking principles. Critical AI applications like autonomous vehicles, industrial automation, surgery, and robotics require ultra-low latency.
Device Type Outlook
By Device Components, the Edge AI Hardware Market is segmented into Smartphones, Surveillance Cameras, Robots, Wearables, Edge Servers, Smart Speakers, Automotive, and Smart Mirrors. The smartphones segment acquired the highest revenue share in the edge AI hardware market in 2021. Due to theincreasing demand for smartphones is anticipated to boost the growth of the edge AI hardware market. Edge AI provides smartphones with enhanced imaging and photography skills, power efficiency, and security.
Function Outlook
Based on the Function, the Edge AI Hardware Market is bifurcated into Training and Inference. The inference segment procured the largest revenue share in the edge AI hardware market in 2021. The development of low-power and high-performance CPUs and the rising need for IoT applications have sparked a growing interest in edge artificial intelligence. Reduced latency resulting from the elimination of cloud data transmission is a major driver driving the edge AI market.
Vertical Outlook
On the basis of Vertical, the Edge AI Hardware Market is fragmented into Consumer Electronics, Smart Home, Automotive & Transportation, Government, Healthcare, Industrial, Aerospace & Defense, Construction, and others. The healthcare segment registered a significant revenue share in the edge AI hardware market in 2021. As new initiatives to improve clinical, operational, and financial value across the continuum of care are implemented, the significance of edge computing and analytics will increase.
Component Outlook
By Component, the Edge AI Hardware Market is divided into Processor, Memory, and Sensors and others. The memory segment witnessed a substantial revenue share in the edge AI hardware market in 2021. In addition to the growth of new and incumbent memory, including flash storage technologies, several other technological advancements are allowing AI/ML jobs at the edge.
Regional Outlook
Region-wise, the Edge AI Hardware Market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The Asia Pacific segment procured the highest revenue share in the edge AI hardware market in 2021. China is the largest artificial intelligence market in the Asia-Pacific area, followed by Japan; this makes the region a promising market for edge AI hardware applications. The presence of a high number of manufacturing businesses in China and Japan, in addition to the strong presence of automobile, electronics, and semiconductor industries, promotes the growth of the edge AI hardware market in the Asia Pacific.
Key Market Players
List of Companies Profiled in the Report:
-- Apple, Inc.
-- MediaTek, Inc.
-- Qualcomm, Inc.
-- Huawei Technologies Co., Ltd.
-- Samsung Electronics Co., Ltd. (Samsung Group)
-- Intel Corporation
-- Nvidia Corporation
-- IBM Corporation
-- Google LLC
-- Microsoft Corporation
Key Topics Covered:
Chapter 1. Market Scope & Methodology
Chapter 2. Market Overview
Chapter 3. Competition Analysis - Global
Chapter 4. Global Edge AI Hardware Market by Function
Chapter 5. Global Edge AI Hardware Market by Device Type
Chapter 6. Global Edge AI Hardware Market by Component
Chapter 7. Global Edge AI Hardware Market by Vertical
Chapter 8. Global Edge AI Hardware Market by Region
Chapter 9. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/r/yah2e6
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Media Contact:
Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg
View original content:https://www.prnewswire.com/news-releases/global-edge-ai-hardware-market-report-2022-emergence-of-5g-networks-that-integrate-it-and-telecom-present-opportunities-301718921.html
SOURCE Research and Markets
|
|
|
|
|
|
 |
Energy Toolbase Launches Energy Storage Partnership with Sungrow to Support PowerStack 255CS and PowerTitan 2.0 | Jan 22, 2026
|
|
Einride and IonQ Partnership Uses Quantum Computing to Optimize the Logistics of Electric and Autonomous Freight | Jan 22, 2026
|
|
RS now offers Phoenix Contact's pioneering new NearFi technology | Jan 22, 2026
|
|
SCAILIUM Debuts "AI Production Layer" to Overcome GPU Starvation and Slash AI Energy Waste | Jan 22, 2026
|
|
MetaOptics to Showcase Five Breakthrough Metalens-Powered Products at CES 2026 | Jan 22, 2026
|
|
No Assembly Required: Barrett Distribution Centers Powers Maxwood Furniture's West Coast DTC Expansion | Jan 22, 2026
|
|
Quantum Art Raises $100 Million in Series A Round to Drive Scalable, Multi-Core Quantum Computing | Jan 22, 2026
|
|
TESSAN to Redefine Global Mobility at CES 2026 with '100 Travelers' Initiative and Flagship Voyager 205 | Jan 22, 2026
|
|
Hesai Recognized as the Only Lidar Company on Morgan Stanley's "Humanoid Tech 25" of Global Robotics Leaders | Jan 22, 2026
|
|
1inch Named Exclusive Swap Provider at Launch for Ledger Multisig | Jan 22, 2026
|
|
|
|
