Energy Saving and Lower Latency Benefits Driving Growth

DUBLIN, November 09, 2022 (Globe Newswire) — The “Edge AI Processor Market by Type, by Device Type, Buy and Use: Global Opportunity Analysis and Industry Forecast, 2021-2030” report has been added ResearchAndMarkets.com’s Presentation.

According to the report, “Edge AI Processor Market,” the edge AI processor market was valued at $2.5 billion in 2021, and is projected to reach $9.6 billion by 2030, growing at a CAGR of 16% from 2022 to 2030.

Edge AI processor market size is expected to accelerate over the forecast time period. EDGE has many advantages in addition to operational feedback 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. According to IBV, more than half of organizations intend to use edge computing applications for energy efficiency management during the next few years. These factors are expected to propel the growth of the edge AI processor market during 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 sensor RGB (red, green, blue) And still image and video streams by extracting the relevant metadata.

Although advances are being made in AI and machine learning, 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 has been segmented on the basis of type, device type, and end use. By type, the market has been classified into Central Processing Unit (CPU), Graphics Processing Unit (GPU), and Application Specific Integrated Circuit (ASIC). According to equipment type, the analysis is divided into consumer devices and enterprise devices. By end-use, the market has been segmented into automotive & transportation, healthcare, consumer electronics, retail & ecommerce, manufacturing, and others. By region, the market is analyzed in North America, Europe, Asia-Pacific and LAMEA.

major market segment
by type

story continues

• Central Processing Unit (CPU)

• Graphics Processing Unit (GPU)

• Application Specific Integrated Circuit (ASIC)

by device type

• consumer equipment

• enterprise equipment

by end use

by region

• North America

• We

• Canada

• Mexico

• Europe

• UK

• Germany

• France

• Spain

• Italy

• rest of Europe

• Asia Pacific

• China

• India

• Japan

• South Korea

• Australia

• Rest of Asia-Pacific

• lamia

• Brazil

• Saudi Arab

• South Africa

• the rest LAMEA

major market player

• Qualcomm Technologies, Inc.

• mythical

• arm ltd

• HiSilicon (Shanghai) Technologies Co. Ltd.

• Intel Corporation

• Advanced Micro Devices, Inc.

• Alphabet Inc.

• Apple Inc.

• Samsung Electronics Company Limited

• NVIDIA Corporation

Key findings of the study

• Edge AI Processor market analysis provides in-depth information about Edge AI Processor market share along with future opportunities.

• 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 appliance type, the consumer appliance segment emerged as the global leader in 2021 and is anticipated to be the largest market during the forecast period.

• By region, Asia-Pacific is estimated to be the fastest growing market during the forecast period.

Major 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 Scenario

Chapter 9: Company Profile

For more information about this report, visit https://www.researchandmarkets.com/r/plr2rh

CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood,Senior Press Manager [email protected] For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900