Global Edge AI Hardware Market 2022-2026

Global Edge AI Hardware Market 2022-2026

Technavio has been monitoring the edge AI hardware market and it is poised to grow by $ 6.93 bn during 2022-2026 progressing at a CAGR of 17.37% during the forecast period. Our report on the edge AI hardware market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by rise in IoT application by various end-user industries, emergence of AI coprocessors for edge computing, and increase in real-time low latency on edge devices.

The edge AI hardware market analysis includes the component segment and geographic landscape.

Technavio's edge AI hardware market is segmented as below:

By Component

• Memory
• Processor
• Others

By Geographical Landscape

• North America
• Europe
• APAC
• South America
• Middle East and Africa

This study identifies the increase in demand for smart homes and smart cities as one of the prime reasons driving the edge AI hardware market growth during the next few years. Also, rise in demand for and adoption of AI products and services and rise in investments in ai startups will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on edge AI hardware market covers the following areas:

• Edge AI hardware market sizing
• Edge AI hardware market forecast
• Edge AI hardware market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading edge AI hardware market vendors that include Advanced Micro Devices Inc., Alphabet Inc., Apple Inc., Applied Brain Research, Baidu Inc., China Cambrian Technology Co. Ltd., Graphcore Ltd., Horizon Robotics Inc., Huawei Investment and Holding Co. Ltd., Imagination Technologies Ltd., Intel Corp., International Business Machines Corp., MediaTek Inc., Micron Technology Inc., Microsoft Corp., NVIDIA Corp., Qualcomm Inc., Samsung Electronics Co. Ltd., Tenstorrent Inc., and Texas Instruments Inc. Also, the edge AI hardware market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Companies Mentioned

Advanced Micro Devices Inc., Alphabet Inc., Apple Inc., Applied Brain Research, Baidu Inc., China Cambrian Technology Co. Ltd., Graphcore Ltd., Horizon Robotics Inc., Huawei Investment and Holding Co. Ltd., Imagination Technologies Ltd., Intel Corp., International Business Machines Corp., MediaTek Inc., Micron Technology Inc., Microsoft Corp., NVIDIA Corp., Qualcomm Inc., Samsung Electronics Co. Ltd., Tenstorrent Inc., Texas Instruments Inc.