Edge Artificial Intelligence Chip Market Report: Trends, Forecast and Competitive Analysis to 2030

Edge Artificial Intelligence Chip Trends and Forecast

The future of the global edge artificial intelligence chip market looks promising with opportunities in the consumer device and enterprise device markets. The global edge artificial intelligence chip market is expected to reach an estimated $19.9 billion by 2030 with a CAGR of 7.3% from 2024 to 2030. The major drivers for this market are growing demand for AI-powered applications at the edge, rising proliferation of IoT devices and sensors, and increasing need for data privacy and security.

A more than 150-page report is developed to help in your business decisions.

Edge Artificial Intelligence Chip by Segment

The study includes a forecast for the global edge artificial intelligence chip by processor, function, product type, and region.

Edge Artificial Intelligence Chip Market by Processor [Shipment Analysis by Value from 2018 to 2030]:

• CPU (Central Processing Unit)
• GPU (Graphics Processing Unit)
• ASIC (Application-Specific Integrated Circuit)
• Others

Edge Artificial Intelligence Chip Market by Function [Shipment Analysis by Value from 2018 to 2030]:

• Training
• Inference

Edge Artificial Intelligence Chip Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:

• Consumer Devices
• Enterprise Devices

Edge Artificial Intelligence Chip Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Edge Artificial Intelligence Chip Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies edge artificial intelligence chip companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the edge artificial intelligence chip companies profiled in this report include-

• Advanced Micro Devices
• Alphabet
• Intel
• Qualcomm Technologies
• Apple
• Mythic
• Arm

Edge Artificial Intelligence Chip Market Insights

Lucintel forecasts that asic is expected to witness the highest growth over the forecast period due to its increasing use for edge computing's inference function in applications relating to artificial intelligence.

APAC will remain the largest region over the forecast period due to rapid growth of the electronics industry in the region.

Features of the Global Edge Artificial Intelligence Chip Market

Market Size Estimates: Edge artificial intelligence chip market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Edge artificial intelligence chip market size by processor, function, product type, and region in terms of value ($B).

Regional Analysis: Edge artificial intelligence chip market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different processors, functions, product types, and regions for the edge artificial intelligence chip market .

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the edge artificial intelligence chip market .

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the edge artificial intelligence chip market size?

Answer: The global edge artificial intelligence chip market is expected to reach an estimated $19.9 billion by 2030.

Q2. What is the growth forecast for edge artificial intelligence chip market ?

Answer: The global edge artificial intelligence chip market is expected to grow with a CAGR of 7.3% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the edge artificial intelligence chip market ?

Answer: The major drivers for this market are growing demand for AI-powered applications at the edge, rising proliferation of IoT devices and sensors, and increasing need for data privacy and security.

Q4. What are the major segments for edge artificial intelligence chip market ?

Answer: The future of the edge artificial intelligence chip market looks promising with opportunities in the consumer device and enterprise device markets.

Q5. Who are the key edge artificial intelligence chip market companies?

Answer: Some of the key edge artificial intelligence chip companies are as follows:

• Advanced Micro Devices
• Alphabet
• Intel
• Qualcomm Technologies
• Apple
• Mythic
• Arm

Q6. Which edge artificial intelligence chip market segment will be the largest in future?

Answer: Lucintel forecasts that asic is expected to witness the highest growth over the forecast period due to its increasing use for edge computing's inference function in applications relating to artificial intelligence.

Q7. In edge artificial intelligence chip market , which region is expected to be the largest in next 5 years?

Answer: APAC will remain the largest region over the forecast period due to rapid growth of the electronics industry in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the edge artificial intelligence chip market by processor (CPU, GPU, ASIC, and others), function (training and inference), product type (consumer devices and enterprise devices), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?