Artificial Intelligence for Edge Device Market Report: Trends, forecast and Competitive Analysis to 2030

Artificial Intelligence for Edge Device Trends and forecast

The future of the global artificial intelligence for edge device market looks promising with opportunities in the automotive, consumer and enterprise robotic, drone, head-mounted display, smart speaker, and mobile phone markets. The global artificial intelligence for edge device market is expected to grow with a CAGR of 19.0% from 2024 to 2030. The major drivers for this market are increasing adoption of IoT devices and growing concerns about data privacy and security.

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

Artificial Intelligence for Edge Device by Segment

The study includes a forecast for the global artificial intelligence for edge device by type, application, and region.

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

• Hardware
• Software

Artificial Intelligence for Edge Device Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Automotive
• Consumer and Enterprise Robotics
• Drones
• Head-Mounted Displays
• Smart Speakers
• Mobile Phones
• Others

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

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

List of Artificial Intelligence Companies for Edge Device Market

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 artificial intelligence companies for edge device market cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the artificial intelligence companies for edge device market are profiled in this report include-

• Alibaba
• Apple
• Arm
• Baidu
• CEVA Logistics
• Cambricon
• Google

Artificial Intelligence for Edge Device Market Insights

Lucintel forecasts that hardware is expected to witness highest growth over the forecast period due to growing demand for AI-powered devices.

Within this market, mobile phone is expected to witness highest growth due to rise in adaptation of mobile phones.

North America will remain the largest region over the forecast period due to rising adoption of edge computing and IoT devices and growing demand of smart home products.

Features of the Global Artificial Intelligence for Edge Device Market

Market Size Estimates: Artificial intelligence for edge device 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: Artificial intelligence for edge device market size by type, application, and region in terms of value ($B).

Regional Analysis: Artificial intelligence for edge device market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the artificial intelligence for edge device market.

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

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

FAQ

Q1. What is the growth forecast for artificial intelligence for edge device market?

Answer: The global artificial intelligence for edge device market is expected to grow with a CAGR of 19.0% from 2024 to 2030.

Q2. What are the major drivers influencing the growth of the artificial intelligence for edge device market?

Answer: The major drivers for this market are increasing adoption of IoT devices and growing concerns about data privacy and security.

Q3. What are the major segments for artificial intelligence for edge device market?

Answer: The future of the artificial intelligence for edge device market looks promising with opportunities in the automotive, consumer and enterprise robotic, drone, head-mounted display, smart speaker, and mobile phone markets.

Q4. Who are the key artificial intelligence for edge device market companies?

Answer: Some of the key artificial intelligence for edge device companies are as follows.

• Alibaba
• Apple
• Arm
• Baidu
• CEVA Logistics
• Cambricon
• Google

Q5. Which artificial intelligence for edge device market segment will be the largest in future?

Answer: Lucintel forecasts that hardware is expected to witness highest growth over the forecast period due to growing demand for AI-powered devices.

Q6. In artificial intelligence for edge device market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region over the forecast period due to rising adoption of edge computing and IoT devices and growing demand of smart home products.

Q7. 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 artificial intelligence for edge device market by type (hardware and software), application (automotive, consumer and enterprise robotics, drones, head-mounted displays, smart speakers, mobile phones, and others), 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?