Edge AI Market: Global Industry Analysis and Forecast (2023-2029).

The Edge AI Market is projected to grow at a CAGR of 20.1% through 2029 and is currently valued at US$ 14.54 Bn in 2022. The Edge AI Market is expected to become $54.38 Bn by 2029.

Edge AI Market Overview: 

The study covers the global Edge AI market in depth, precisely, and completely, with a focus on market dynamics, market competition, regional growth, segmental analysis, and significant growth plans. Data on market growth, as well as market segmentation by regions, product type, application, and industry end-use, are included in the report. Experts provide detailed and exact marketing research reports using the most up-to-date Edge AI Market research techniques and technology. The Edge AI market size and share, as well as a wide range of industry verticals, are all thoroughly examined in this study.

For detail insights on this market, request for methodology here@ https://www.maximizemarketresearch.com/request-sample/190417 

Edge AI Market Scope:

This study delves deeply into demand estimations, market trends, and micro and macro aspects. The aspects that are fueling and limiting the market’s growth are also highlighted in this report. The MMR Matrix in the study provides existing and new market participants with information on potential investment opportunities. The research employs analytical methodologies such as Porter’s five forces analysis and PESTLE of the Edge AI market to generate market insights. Current market trends and forecasts for the years 2023-2029 are also examined in the study. The research also identified significant upcoming developments that will affect demand over the predicted period.

Edge AI Market Dynamics: 

Several important variables influence the way the Edge AI market operates. First, the expansion of Edge AI is being driven by the expanding demand for real-time decision-making and decreased latency in numerous industries. Fast data processing and analysis at the edge devices themselves are needed in sectors including manufacturing, healthcare, and autonomous cars, which has prompted the development of Edge AI solutions.

Edge AI Market Segmentation: 

by Component
Hardware
Software
Edge Cloud Infrastructure
Services

By Component: The hardware, software, edge cloud infrastructure, and services that make up the Edge AI industry can be divided into many categories. By dividing the market into segments based on these factors, it is possible to conduct a focused examination of the crucial factors influencing the operation and performance of edge devices, enabling the development of customised solutions.
Memory includes RAM, ROM, and NVM options, while hardware processors offer a wide range of models including CPUs, GPUs, FPGAs, and ASICs. Cameras, microphones, and temperature sensors are examples of sensors that collect environmental data. Input/output interfaces, networking modules, specialised hardware accelerators, and power management units are additional components.

by Application
Video Surveillance
Access Management
Autonomous Vehicles
Energy Management
Others

By Application: The Edge AI market may be divided based on the various industries it is used in, such as video surveillance, energy management, access control, autonomous cars, and many more. Applications for video surveillance use edge AI for real-time video analysis and improved security. Edge AI is used by access management to provide safe access control and authentication. Edge AI is a critical component of autonomous cars' onboard processing and decision-making for navigation and collision avoidance. Edge AI is used in energy management to manage the smart grid and optimise energy consumption. Edge AI also has uses in a variety of industries, including agriculture, manufacturing, healthcare, and retail. The ability to target solutions and develop industry-specific strategies to address the unique needs of each segment is made possible by segmenting the market based on applications.

For detail insights on this market, request for methodology here@ https://www.maximizemarketresearch.com/request-sample/190417 

Edge AI Market Key Players: 

North America:

1. Apple Inc. (United States)
2. Oracle Corporation (United States)
3. General Electric Company (GE) (United States)
4. Honeywell International Inc. (United States)
5. NVIDIA Corporation (United States)
6. Intel Corporation (United States)
7. Microsoft Corporation (United States)
8. Google LLC (United States)
9. Advanced Micro Devices, Inc. (AMD) (United States)
10. Xilinx, Inc. (United States)
11. Cisco Systems, Inc. (United States)
12. Dell Technologies Inc. (United States)
13. Hewlett Packard Enterprise (HPE) (United States)
14. Amazon Web Services (AWS) (United States)
15. Advanced Micro Devices, Inc. (AMD) (United States)

For any Queries Linked with the Report, Ask an Analyst@ https://www.maximizemarketresearch.com/market-report/edge-ai-market/190417/ 

Regional Analysis:

Thanks to the geographical insights in the reports, readers will be well-informed on the Edge AI market on a regional level. A detailed awareness of local energy, economic, political, and geographic factors is required for any meaningful assessment of potential policy options in response to global market change. The study provides readers with regional perspectives on Edge AI market and local growth potential, as well as domestic area restraints.

  1. Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)
  2. Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
  3. North America (the United States, Mexico, and Canada.)
  1. South America (Braazil etc.)
  2. The Middle East and Africa (GCC Countries and Egypt.)

COVID-19 Impact Analysis on Edge AI Market:

The impact of COVID-19 on the market is thoroughly examined in the Edge AI market research. As a result of the COVID-19 problem, researchers at Maximize Market Research, who are following the situation across the globe, believe that the market will provide profitable opportunities for producers. The report’s purpose is to provide a more comprehensive view of the current situation, the economic downturn, and the influence of COVID-19 on the entire industry.

The research provides data-driven insights and recommendations on a variety of topics. The following are some of the most significant inquiries:

  • What are the major current developments that could affect the product’s life cycle and return on investment?
  • What are the implications of regulatory changes on corporate, business, and functional strategies?
  • Will the micromarketing efforts of the main players result in investment?
  • What are the best frameworks and methodologies for PESTLE analysis?
  • In what areas will there be more new opportunities?
  • What are the game-changing technologies that will be used to capture new revenue streams in the near future?
  • How can various players develop client loyalty utilising distinct operational and tactical frameworks?
  • What is the current and expected degree of market competition in the near future?

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