North America 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 Country and Growth Forecast, 2022 - 2028
The North America Edge AI Hardware Market would witness market growth of 16.4% CAGR during the forecast period (2022-2028).
Edge is frequently described as a physical object, such as a network gateway, smart router, or intelligent 5G cell tower. However, this overlooks the value that AI at the device's edge delivers to gadgets such as mobile phones, autonomous vehicles, and robotics. A more useful way to comprehend the significance of edge is as a means of extending cloud-based digital transformation practices to the world.
Other sorts of edge innovation improved the efficiency, performance, management, security, and operation of cloud-based computers, smartphones, automobiles, and appliances. Outside of the cloud, Edge AI focuses on best practices, architectures, and processes for extending data science, machine learning, and AI. Modern machines use strong multicore CPUs with specialized hardware to handle parallel processing issues.
GPU and FPGA are popular, specialized, and widely available hardware in workstation-developed AI systems. A GPU is a chip designed to accelerate the processing of multidimensional data, such as an image. A GPU is composed of hundreds of tiny cores, each of which is designed to operate independently on a subspace of input data requiring intensive computation. A GPU with dedicated memory performs repetitive operations, such as texture mapping, picture rotation, translation, and filtering, on different regions of the input more quickly and efficiently.
The healthcare sectors of the countries in the region are well-established, and it is anticipated that they would adopt a variety of innovative technologies over the course of the next few years. The National Health Expenditure Accounts are responsible for calculating the official estimates of overall healthcare spending in the United States. These estimates can be found on the website of the Centers for Medicare & Medicaid Services (NHEA).
The US market dominated the North America Edge AI Hardware Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $4,350.9 million by 2028.The Canada market is poised to grow at a CAGR of 19.1% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 18% during (2022 - 2028).
Based on Function, the market is segmented into Inference and Training. Based on Device Type, the market is segmented into Smartphones, Surveillance Cameras, Wearables, Robots, Smart Speakers & Smart Mirrors, Automotive and Edge Servers. Based on Component, the market is segmented into Processor, Memory and Sensor & Others. Based on Vertical, the market is segmented into Consumer Electronics, Smart Home, Automotive & Transportation, Government, Healthcare, Industrial, Aerospace & Defense, Construction and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Apple, Inc., MediaTek, Inc., Qualcomm, Inc., Huawei Technologies Co., Ltd., Samsung Electronics Co., Ltd. (Samsung Group), Intel Corporation, Nvidia Corporation, IBM Corporation, Google LLC, and Microsoft Corporation.
Scope of the Study
Market Segments covered in the Report:
By Function
- Inference
- Training
- Smartphones
- Surveillance Cameras
- Wearables
- Robots
- Smart Speakers & Smart Mirrors
- Automotive
- Edge Servers
- Processor
- Memory
- Sensor & Others
- Consumer Electronics
- Smart Home
- Automotive & Transportation
- Government
- Healthcare
- Industrial
- Aerospace & Defense
- Construction
- Others
- US
- Canada
- Mexico
- Rest of North America
- 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
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- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Edge AI Hardware Market, by Function
- 1.4.2 North America Edge AI Hardware Market, by Device Type
- 1.4.3 North America Edge AI Hardware Market, by Component
- 1.4.4 North America Edge AI Hardware Market, by Vertical
- 1.4.5 North America Edge AI Hardware Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market Overview
- 2.1 Introduction
- 2.1.1 Overview
- 2.1.1.1 Market Composition & Scenarios
- 2.2 Key Factors Impacting the Market
- 2.2.1 Market Drivers
- 2.2.2 Market Restraints
- Chapter 3. Competition Analysis - Global
- 3.1 KBV Cardinal Matrix
- 3.2 Recent Industry Wide Strategic Developments
- 3.2.1 Partnerships, Collaborations and Agreements
- 3.2.2 Product Launches and Product Expansions
- 3.2.3 Acquisition and Mergers
- 3.3 Top Winning Strategies
- 3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
- 3.3.2 Key Strategic Move: (Product Launches and Product Expansions: 2019, May – 2022, Sep) Leading Players
- 3.3.3 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2020, Apr – 2022, Aug) Leading Players
- Chapter 4. North America Edge AI Hardware Market by Function
- 4.1 North America Inference Market by Country
- 4.2 North America Training Market by Country
- Chapter 5. North America Edge AI Hardware Market by Device Type
- 5.1 North America Smartphones Market by Country
- 5.2 North America Surveillance Cameras Market by Country
- 5.3 North America Wearables Market by Country
- 5.4 North America Robots Market by Country
- 5.5 North America Smart Speakers & Smart Mirrors Market by Country
- 5.6 North America Automotive Market by Country
- 5.7 North America Edge Servers Market by Country
- Chapter 6. North America Edge AI Hardware Market by Component
- 6.1 North America Processor Market by Country
- 6.2 North America Memory Market by Country
- 6.3 North America Sensor & Others Market by Country
- Chapter 7. North America Edge AI Hardware Market by Vertical
- 7.1 North America Consumer Electronics Market by Country
- 7.2 North America Smart Home Market by Country
- 7.3 North America Automotive & Transportation Market by Country
- 7.4 North America Government Market by Country
- 7.5 North America Healthcare Market by Country
- 7.6 North America Industrial Market by Country
- 7.7 North America Aerospace & Defense Market by Country
- 7.8 North America Construction Market by Country
- 7.9 North America Others Market by Country
- Chapter 8. North America Edge AI Hardware Market by Country
- 8.1 US Edge AI Hardware Market
- 8.1.1 US Edge AI Hardware Market by Function
- 8.1.2 US Edge AI Hardware Market by Device Type
- 8.1.3 US Edge AI Hardware Market by Component
- 8.1.4 US Edge AI Hardware Market by Vertical
- 8.2 Canada Edge AI Hardware Market
- 8.2.1 Canada Edge AI Hardware Market by Function
- 8.2.2 Canada Edge AI Hardware Market by Device Type
- 8.2.3 Canada Edge AI Hardware Market by Component
- 8.2.4 Canada Edge AI Hardware Market by Vertical
- 8.3 Mexico Edge AI Hardware Market
- 8.3.1 Mexico Edge AI Hardware Market by Function
- 8.3.2 Mexico Edge AI Hardware Market by Device Type
- 8.3.3 Mexico Edge AI Hardware Market by Component
- 8.3.4 Mexico Edge AI Hardware Market by Vertical
- 8.4 Rest of North America Edge AI Hardware Market
- 8.4.1 Rest of North America Edge AI Hardware Market by Function
- 8.4.2 Rest of North America Edge AI Hardware Market by Device Type
- 8.4.3 Rest of North America Edge AI Hardware Market by Component
- 8.4.4 Rest of North America Edge AI Hardware Market by Vertical
- Chapter 9. Company Profiles
- 9.1 Apple, Inc.
- 9.1.1 Company Overview
- 9.1.2 Financial Analysis
- 9.1.3 Regional Analysis
- 9.1.4 Research & Development Expense
- 9.1.5 Recent strategies and developments:
- 9.1.5.1 Acquisition and Mergers:
- 9.1.6 SWOT Analysis
- 9.2 NVIDIA Corporation
- 9.2.1 Company Overview
- 9.2.2 Financial Analysis
- 9.2.3 Segmental and Regional Analysis
- 9.2.4 Research & Development Expense
- 9.2.5 Recent strategies and developments:
- 9.2.5.1 Product Launches and Product Expansions:
- 9.2.6 SWOT Analysis
- 9.3 Samsung Electronics Co., Ltd. (Samsung Group)
- 9.3.1 Company Overview
- 9.3.2 Financial Analysis
- 9.3.3 Segmental and Regional Analysis
- 9.3.4 Research & Development Expense
- 9.3.5 Recent strategies and developments:
- 9.3.5.1 Product Launches and Product Expansions:
- 9.3.6 SWOT Analysis
- 9.4 Intel Corporation
- 9.4.1 Company Overview
- 9.4.2 Financial Analysis
- 9.4.3 Segmental and Regional Analysis
- 9.4.4 Research & Development Expenses
- 9.4.5 Recent strategies and developments:
- 9.4.5.1 Partnerships, Collaborations, and Agreements:
- 9.4.5.2 Product Launches and Product Expansions:
- 9.4.5.3 Acquisition and Mergers:
- 9.4.6 SWOT Analysis
- 9.5 IBM Corporation
- 9.5.1 Company Overview
- 9.5.2 Financial Analysis
- 9.5.3 Regional & Segmental Analysis
- 9.5.4 Research & Development Expenses
- 9.5.5 Recent strategies and developments:
- 9.5.5.1 Product Launches and Product Expansions:
- 9.5.6 SWOT Analysis
- 9.6 Microsoft Corporation
- 9.6.1 Company Overview
- 9.6.2 Financial Analysis
- 9.6.3 Segmental and Regional Analysis
- 9.6.4 Research & Development Expenses
- 9.6.5 Recent strategies and developments:
- 9.6.5.1 Partnerships, Collaborations, and Agreements:
- 9.6.5.2 Product Launches and Product Expansions:
- 9.6.6 SWOT Analysis
- 9.7 Google LLC
- 9.7.1 Company Overview
- 9.7.2 Financial Analysis
- 9.7.3 Segmental and Regional Analysis
- 9.7.4 Research & Development Expense
- 9.7.5 Recent strategies and developments:
- 9.7.5.1 Partnerships, Collaborations, and Agreements:
- 9.7.6 SWOT Analysis
- 9.8 Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- 9.8.1 Company Overview
- 9.8.2 Financial Analysis
- 9.8.3 Segmental and Regional Analysis
- 9.8.4 Research & Development Expense
- 9.8.5 Recent strategies and developments:
- 9.8.5.1 Product Launches and Product Expansions:
- 9.9 MediaTek, Inc.
- 9.9.1 Company Overview
- 9.9.2 Financial Analysis
- 9.9.3 Regional Analysis
- 9.9.4 Research & Development Expenses
- 9.9.5 Recent strategies and developments:
- 9.9.5.1 Partnerships, Collaborations, and Agreements:
- 9.9.5.2 Product Launches and Product Expansions:
- 9.10. Qualcomm, Inc.
- 9.10.1 Company Overview
- 9.10.2 Financial Analysis
- 9.10.3 Segmental and Regional Analysis
- 9.10.4 Research & Development Expense
- 9.10.5 Recent strategies and developments:
- 9.10.5.1 Partnerships, Collaborations, and Agreements:
- 9.10.5.2 Product Launches and Product Expansions:
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