Global Edge AI Hardware Market to Reach 5.4 Billion units by 2030
The global market for Edge AI Hardware estimated at 1.7 Billion units in the year 2023, is expected to reach 5.4 Billion units by 2030, growing at a CAGR of 17.4% over the analysis period 2023-2030. CPU Processors, one of the segments analyzed in the report, is expected to record a 15.7% CAGR and reach 1.9 Billion units by the end of the analysis period. Growth in the GPU Processors segment is estimated at 16.8% CAGR for the next 7-year period.
The U.S. Market is Estimated at 533.9 Million units, While China is Forecast to Grow at 16.7% CAGR
The Edge AI Hardware market in the U.S. is estimated at 533.9 Million units in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of 912.8 Million units by the year 2030 trailing a CAGR of 16.7% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 15.5% and 14.9% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 12.8% CAGR.
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