Edge AI System Market Size by Type, by End-User, by Applications, by Deployment & by Technology 2032
Edge AI System Market was valued at USD 1.13 Billion in 2022 and is projected to reach USD 3.62 Billion by 2030, growing at a CAGR of 15.7% from 2024 to 2030.
Edge AI System Market Size and Opportunity Analysis
The global Edge AI System market size was valued at approximately USD 7.3 billion in 2022, with a projected Compound Annual Growth Rate (CAGR) of 25.8% from 2023 to 2030. This rapid growth reflects the increasing adoption of AI technologies at the edge of networks, driven by advancements in processing power, data analytics, and the proliferation of IoT devices. The integration of edge AI in sectors such as healthcare, manufacturing, and transportation is enhancing real-time decision-making and operational efficiency. The market is anticipated to expand significantly, reaching an estimated USD 45.6 billion by the end of the forecast period.
Opportunity analysis indicates that the Edge AI System market is poised for substantial growth due to the rising demand for enhanced data security, reduced latency, and improved operational capabilities. Emerging markets, particularly in Asia-Pacific and Latin America, present significant opportunities for expansion. The increasing implementation of smart city initiatives and the expansion of 5G infrastructure are expected to further drive market growth. The focus on developing AI algorithms that can function effectively on edge devices is also contributing to market dynamics, offering new avenues for innovation and investment.
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Who are the largest Global manufacturers in the Edge AI System industry?
- MicroAI
- NVIDIA
- viso.ai
- Advian
- Xailient
- Axiomtek
- Texas Instruments
- Cameralyze
- Advantech
- SINTRONES
- Stereolabs
- Aetina
- Xilinx
- Neousys Technology
- VIA TECHNOLOGIES
- Palantir
- DIREC
- Intel
- AAEON Technology
- iWave Systems
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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What are the factors driving the growth of the Global Edge AI System Market?
Growing demand for below applications around the world has had a direct impact on the growth of the Global Edge AI System Market
- Manufacturing
- Energy (Oil and Gas)
- Industrial IoT
- Autonomous Vehicles
- Healthcare (Patient Monitoring)
- Smart Homes
What are the types of Edge AI System available in the Market?
Based on Types the Market is categorized into Below types that held the largest Edge AI System market share In 2023.
- Software
- Hardware
Which regions are leading the Global Edge AI System Market?
- Global (United States, Global and Mexico)
- Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
- Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
- South America (Brazil, Argentina, Columbia, etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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Detailed TOC of Global Edge AI System Market Research Report, 2024-2032
1. Introduction of the Global Edge AI System Market
- Overview of the Market
- Scope of Report
- Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
- Data Mining
- Validation
- Primary Interviews
- List of Data Sources
4. Global Edge AI System Market Outlook
- Overview
- Market Dynamics
- Drivers
- Restraints
- Opportunities
- Porters Five Force Model
- Value Chain Analysis
5. Global Edge AI System Market, By Type
6. Global Edge AI System Market, By Application
7. Global Edge AI System Market, By Geography
- Global
- Europe
- Asia Pacific
- Rest of the World
8. Global Edge AI System Market Competitive Landscape
- Overview
- Company Market Ranking
- Key Development Strategies
9. Company Profiles
10. Appendix
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