Dublin, Nov. 09, 2022 (GLOBE NEWSWIRE) -- The "Edge AI Processor Market By Type, By Device Type, By End Use: Global Opportunity Analysis and Industry Forecast, 2021-2030" report has been added to ResearchAndMarkets.com's offering.
According to the report, titled, "Edge AI Processor Market," the edge AI processor market was valued at $2.5 billion in 2021, and is estimated to reach $9.6 billion by 2030, growing at a CAGR of 16% from 2022 to 2030.
The Edge AI Processor market size is expected to accelerate in the forecast time period. Edge has many advantages in addition to operational responsiveness, such as energy efficiency. As more data is processed at the edge, less data is moved to and from the cloud, resulting in lower data latency and energy consumption. Over half of organizations, according to the IBV, intend to use edge computing applications for energy efficiency management during the next few years. These factors are anticipated to boost the edge AI processor market growth over the forecast period.
Computational imaging and visual awareness applications improve mobile devices by replacing complex optics with simpler lens assemblies and multiple apertures, combining images captured by heterogeneous sensors such as infrared (IR) and depth sensors RGB (red, green, blue) and extracting contextual metadata from still images and video streams.
However, the fields of AI and machine learning are progressing, there is still a significant lack of diversity in the industry in terms of education, gender, ethnicity, experience, and other relevant parameters.
The global Edge AI processor market is segmented on the basis of type, device type, and end-use. By type, the market is classified into into central processing unit (CPU), graphics processing unit (GPU), and application specific integrated circuit (ASIC). By device type, the analysis has been divided into consumer devices and enterprise devices. By end-use the market is further divided into automotive & transportation, healthcare, consumer electronics, retail & ecommerce, manufacturing, and others. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key Market Segments
By Type
- Central Processing Unit (CPU)
- Graphics Processing Unit (GPU)
- Application Specific Integrated Circuit (ASIC)
By Device Type
- Consumer Devices
- Enterprise Devices
By End Use
- Automotive and Transportation
- Healthcare
- Consumer Electronics
- Retail and Ecommerce
- Manufacturing
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- U.K.
- Germany
- France
- Spain
- Italy
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key Market Players
- Qualcomm Technologies, Inc.
- Mythic
- Arm Limited
- HiSilicon(Shanghai) Technologies Co Limited
- Intel Corporation
- Advanced Micro Devices, Inc.
- Alphabet Inc.
- Apple Inc.
- Samsung Electronics Co Ltd
- NVIDIA Corporation
Key Findings of the Study
- The edge AI processor market analysis provides in depth information regarding the edge AI processor market share along with the future opportuniities.
- On the basis of type, the central processing unit (CPU) segment emerged as the global leader in 2021 and is anticipated to be the largest market during the forecast period.
- On the basis of device type, the consumer devices segment emerged as the global leader in 2021 and is anticipated to be the largest market during the forecast period.
- On the basis of region, Asia-Pacific is projected to have the fastest growing market during the forecast period.
Key Topics Covered:
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: EDGE AI PROCESSOR MARKET, BY TYPE
CHAPTER 5: EDGE AI PROCESSOR MARKET, BY DEVICE TYPE
CHAPTER 6: EDGE AI PROCESSOR MARKET, BY END USE
CHAPTER 7: EDGE AI PROCESSOR MARKET, BY REGION
CHAPTER 8: COMPANY LANDSCAPE
CHAPTER 9: COMPANY PROFILES
For more information about this report visit https://www.researchandmarkets.com/r/plr2rh
