Global Edge Artificial Intelligence Chips Market to Reach $16.7 Billion by 2030
The global market for Edge Artificial Intelligence Chips estimated at US$5.3 Billion in the year 2023, is expected to reach US$16.7 Billion by 2030, growing at a CAGR of 17.8% over the analysis period 2023-2030. CPU Processor, one of the segments analyzed in the report, is expected to record a 16.9% CAGR and reach US$6.4 Billion by the end of the analysis period. Growth in the GPU Processor segment is estimated at 15.8% CAGR for the next 7-year period.
The U.S. Market is Estimated at $1.7 Billion, While China is Forecast to Grow at 17.3% CAGR
The Edge Artificial Intelligence Chips market in the U.S. is estimated at US$1.7 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.9 Billion by the year 2030 trailing a CAGR of 17.3% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 15.6% and 14.7% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 12.3% CAGR.
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