North America Embedded AI Market Size, Share & Industry Trends Analysis Report By Vertical, By Data Type (Numeric Data, Sensor Data, Image & Video Data, Categorical Data, and Others), By Offering, By Country and Growth Forecast, 2023 - 2030

North America Embedded AI Market Size, Share & Industry Trends Analysis Report By Vertical, By Data Type (Numeric Data, Sensor Data, Image & Video Data, Categorical Data, and Others), By Offering, By Country and Growth Forecast, 2023 - 2030


The North America Embedded AI Market would witness market growth of 13.1% CAGR during the forecast period (2023-2030).

Chipset manufacturers invested in R&D to create more powerful and efficient CPUs, particularly for embedded AI applications. Such chipsets contained specialized hardware accelerators like GPUs and NPUs to boost the performance and power effectiveness of these systems. Numerous firms from the technology ecosystem were forming partnerships and collaborations as part of their attempts to draw on one another's knowledge and speed up the development and deployment of these solutions. As an example, IoT device makers collaborated with AI platform providers to enhance their product offerings, while hardware producers worked with AI software companies to provide integrated solutions.

Recent advances in artificial intelligence (AI), connectivity, edge computing, and sensors have sped up the incorporation of data analysis determined by embedded AI capabilities into resource-constrained, energy-efficient hardware devices for processing data at the network edge. By gathering data and meeting user needs without requiring constant contact with physical places, embedded AI also helps users to save expenses, communication, and processing time.

The introduction of AI and automation solutions is anticipated to transform the country's manufacturing sector's source of value creation, develop new business models, and provide value-added services like predictive maintenance and mass customization. In addition, the Canadian government stated in June 2019 that it will provide Hydro Ottawa a USD 5 million investment for Phase 2 of a smart grid project at an affordable housing complex in Ottawa. Users now have the flexibility to set up microgrids, enabling them to produce their own electricity. All of these factors are anticipated to lead to increased process automation adoption. The market will be able to expand due to the rise in process automation in the area.

The US market dominated the North America Embedded AI Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $5,965.4 million by 2030. The Canada market is experiencing a CAGR of 15.7% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 14.7% during (2023 - 2030).

Based on Vertical, the market is segmented into BFSI, Healthcare & Lifesciences, IT & Telecom, Automotive, Media & Entertainment, Energy & Power, Transportation & Logistics, Government & Defense, Manufacturing, and Others. Based on Data Type, the market is segmented into Numeric Data, Sensor Data, Image & Video Data, Categorical Data, and Others. Based on Offering, the market is segmented into Hardware (Processors, Memory Units, AI Accelerators, and Others), Software (Edge Computing Platforms, AI & ML Framework, and AI Middleware & Others), and Services. 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 Google LLC (Alphabet Inc.), IBM Corporation, Microsoft Corporation, Amazon Web Services, Inc. (Amazon.com, Inc.), NVIDIA Corporation, Intel Corporation, Qualcomm, Inc., Salesforce, Inc., Siemens AG and Oracle Corporation.

Scope of the Study

Market Segments covered in the Report:

By Vertical
  • BFSI
  • Healthcare & Lifesciences
  • IT & Telecom
  • Automotive
  • Media & Entertainment
  • Energy & Power
  • Transportation & Logistics
  • Government & Defense
  • Manufacturing
  • Others
By Data Type
  • Numeric Data
  • Sensor Data
  • Image & Video Data
  • Categorical Data
  • Others
By Offering
  • Hardware
  • Processors
  • Memory Units
  • AI Accelerators
  • Others
  • Software
  • Edge Computing Platforms
  • AI & ML Framework
  • AI Middleware & Others
  • Services
By Country
  • US
  • Canada
  • Mexico
  • Rest of North America
Companies Profiled
  • Google LLC (Alphabet Inc.)
  • IBM Corporation
  • Microsoft Corporation
  • Amazon Web Services, Inc. (Amazon.com, Inc.)
  • NVIDIA Corporation
  • Intel Corporation
  • Qualcomm, Inc.
  • Salesforce, Inc.
  • Siemens AG
  • Oracle 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 Embedded AI Market, by Vertical
1.4.2 North America Embedded AI Market, by Data Type
1.4.3 North America Embedded AI Market, by Offering
1.4.4 North America Embedded AI Market, by Country
1.5 Methodology for the research
Chapter 2. Market At a Glance
2.1 Key Highlight
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.3 Market Share Analysis, 2021
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2019-2023)
4.4.2 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2020, Oct – 2023, Jul) Leading Players
4.5 Porter’s Five Forces Analysis
Chapter 5. North America Embedded AI Market by Vertical
5.1 North America BFSI Market by Country
5.2 North America Healthcare & Lifesciences Market by Country
5.3 North America IT & Telecom Market by Country
5.4 North America Automotive Market by Country
5.5 North America Media & Entertainment Market by Country
5.6 North America Energy & Power Market by Country
5.7 North America Transportation & Logistics Market by Country
5.8 North America Government & Defense Market by Country
5.9 North America Manufacturing Market by Country
5.1 North America Others Market by Country
Chapter 6. North America Embedded AI Market by Data Type
6.1 North America Numeric Data Market by Country
6.2 North America Sensor Data Market by Country
6.3 North America Image & Video Data Market by Country
6.4 North America Categorical Data Market by Country
6.5 North America Others Market by Country
Chapter 7. North America Embedded AI Market by Offering
7.1 North America Hardware Market by Country
7.2 North America Embedded AI Market by Hardware Type
7.2.1 North America Processors Market by Country
7.2.2 North America Memory Units Market by Country
7.2.3 North America AI Accelerators Market by Country
7.2.4 North America Others Market by Country
7.3 North America Software Market by Country
7.4 North America Embedded AI Market by Software Type
7.4.1 North America Edge Computing Platforms Market by Country
7.4.2 North America AI & ML Framework Market by Country
7.4.3 North America AI Middleware & Others Market by Country
7.5 North America Services Market by Country
Chapter 8. North America Embedded AI Market by Country
8.1 US Embedded AI Market
8.1.1 US Embedded AI Market by Vertical
8.1.2 US Embedded AI Market by Data Type
8.1.3 US Embedded AI Market by Offering
8.1.3.1 US Embedded AI Market by Hardware Type
8.1.3.2 US Embedded AI Market by Software Type
8.2 Canada Embedded AI Market
8.2.1 Canada Embedded AI Market by Vertical
8.2.2 Canada Embedded AI Market by Data Type
8.2.3 Canada Embedded AI Market by Offering
8.2.3.1 Canada Embedded AI Market by Hardware Type
8.2.3.2 Canada Embedded AI Market by Software Type
8.3 Mexico Embedded AI Market
8.3.1 Mexico Embedded AI Market by Vertical
8.3.2 Mexico Embedded AI Market by Data Type
8.3.3 Mexico Embedded AI Market by Offering
8.3.3.1 Mexico Embedded AI Market by Hardware Type
8.3.3.2 Mexico Embedded AI Market by Software Type
8.4 Rest of North America Embedded AI Market
8.4.1 Rest of North America Embedded AI Market by Vertical
8.4.2 Rest of North America Embedded AI Market by Data Type
8.4.3 Rest of North America Embedded AI Market by Offering
8.4.3.1 Rest of North America Embedded AI Market by Hardware Type
8.4.3.2 Rest of North America Embedded AI Market by Software Type
Chapter 9. Company Profiles
9.1 Google LLC (Alphabet Inc.)
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expense
9.1.5 Recent strategies and developments:
9.1.5.1 Partnerships, Collaborations, and Agreements:
9.1.5.2 Acquisition and Mergers:
9.1.6 SWOT Analysis
9.2 IBM Corporation
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Regional & Segmental Analysis
9.2.4 Research & Development Expenses
9.2.5 Recent strategies and developments:
9.2.5.1 Partnerships, Collaborations, and Agreements:
9.2.5.2 Acquisition and Mergers:
9.2.6 SWOT Analysis
9.3 Microsoft Corporation
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expenses
9.3.5 Recent strategies and developments:
9.3.5.1 Partnerships, Collaborations, and Agreements:
9.3.5.2 Acquisition and Mergers:
9.3.6 SWOT Analysis
9.4 Amazon Web Services, Inc. (Amazon.com, Inc.)
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental Analysis
9.4.4 Recent strategies and developments:
9.4.4.1 Partnerships, Collaborations, and Agreements:
9.4.5 SWOT Analysis
9.5 NVIDIA Corporation
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expenses
9.5.5 Recent strategies and developments:
9.5.5.1 Partnerships, Collaborations, and Agreements:
9.5.5.2 Product Launches and Product Expansions:
9.5.6 SWOT Analysis
9.6 Intel 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:
9.6.6 SWOT Analysis
9.7 Qualcomm, Inc.
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:
9.7.5.2 Product Launches and Product Expansions:
9.7.6 SWOT Analysis
9.9 Siemens AG
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segmental and Regional Analysis
9.9.4 Research & Development Expense
9.9.5 Recent strategies and developments:
9.9.5.1 Partnerships, Collaborations, and Agreements:
9.9.5.2 Acquisition and Mergers:
9.9.6 SWOT Analysis
9.10. Oracle Corporation
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 Acquisition and Mergers:
9.10.6 SWOT Analysis

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