PUBLISHER: TechNavio | PRODUCT CODE: 1769527
PUBLISHER: TechNavio | PRODUCT CODE: 1769527
The ai hardware for edge devices market is forecasted to grow by USD 32,019.9 mn during 2024-2029, accelerating at a CAGR of 20% during the forecast period. The report on the ai hardware for edge devices market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by critical imperative for low latency and real time processing, escalating concerns for data privacy, security, and operational resilience, and symbiotic proliferation of iot and advent of on-device generative ai.
Market Scope | |
---|---|
Base Year | 2025 |
End Year | 2029 |
Series Year | 2025-2029 |
Growth Momentum | Accelerate |
YOY 2025 | 17.5% |
CAGR | 20% |
Incremental Value | $32,019.9 mn |
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's ai hardware for edge devices market is segmented as below:
By Device
By Processor Type
By Power Rating
By Industry Application
By Geographical Landscape
This study identifies the emergence of on-device generative ai as a keystone technology as one of the prime reasons driving the ai hardware for edge devices market growth during the next few years. Also, proliferation of domain-specific and application-specific architectures and rise of heterogeneous computing and intelligent workload orchestration will lead to sizable demand in the market.
The report on the ai hardware for edge devices market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading ai hardware for edge devices market vendors that include Advanced Micro Devices Inc., Apple Inc., Arm Ltd., Axelera AI B.V., BrainChip Holdings Ltd, Google LLC, Graphcore Ltd., Hailo Technologies Ltd, Huawei Technologies Co. Ltd., Intel Corp., Kneron Inc., LeapMind Inc., MediaTek Inc., Mythic Inc., NVIDIA Corp., Qualcomm Inc., Samsung Electronics Co. Ltd., Synaptics Inc., and Tenstorrent Inc.. Also, the ai hardware for edge devices market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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