Edge AI Market Size, Share, Trends, & Industry Analysis By Component (Hardware, Network, Edge Cloud Infrastructure, Software, and Support Services), By Industry, and By Region

Description

List of Tables

The edge AI market size is expected to reach USD 108.99 Billion by 2034, according to a new study by Polaris Market Research. The report "Edge AI Market Size, Share, Trends, & Industry Analysis By Component (Hardware, Network, Edge Cloud Infrastructure, Software, and Support Services), By Industry, and By Region - Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.

The edge AI market is witnessing steady growth as organizations across sectors seek faster and more secure methods to process data closer to its source. Embedding artificial intelligence into edge devices such as cameras, sensors, and industrial equipment is helping businesses reduce dependence on centralized cloud computing infrastructure. This localized data processing enables real-time decision-making enhancing operational efficiency, reduce latency, strengthen data security, and optimizes infrastructure costs.

Several industries including automotive, healthcare, and manufacturing are adopting edge AI to support time-sensitive applications such as quality inspection, patient monitoring devices, and autonomous operations. The increasing need for immediate insights and uninterrupted workflows is pushing businesses to prioritize edge AI investments as part of digital transformation strategies.

Edge AI Market Report Highlights

In terms of component, the hardware segment led the Edge AI market in 2024, fueled by widespread deployment of AI-optimized processors and accelerators across industrial applications.

Based on industry, edge AI adoption in healthcare is forecast to accelerate significantly, driven by transformative applications in remote patient monitoring, AI-assisted diagnostics, and next-generation portable medical devices.

North America maintained its position as the global Edge AI revenue leader in 2024, benefiting from concentrated technological innovation. The region's advantage stems from its dense network of established tech corporations, specialized semiconductor firms, and well-funded AI startups driving commercial implementations.

The Asia Pacific market is poised for the most rapid Edge AI adoption, with growth catalyzed by ambitious digital infrastructure initiatives. National programs across China's industrial AI strategy, India's digital transformation agenda, and Singapore's Smart Nation vision are creating substantial deployment opportunities for edge intelligence solutions.

A few global key market players include Amazon Web Services, Inc., Apple Inc., Google LLC (Alphabet Inc.), Huawei Technologies Co., Ltd., IBM Corporation, Intel Corporation, MediaTek Inc., Microsoft Corporation, NVIDIA Corporation, Qualcomm Technologies, Inc., Samsung Electronics Co., Ltd., Siemens AG, Synaptics Incorporated, Tesla, Inc., and Xilinx, Inc.

Polaris Market Research has segmented the market report on the basis of component, industry, and region:

By Component Outlook (Revenue, USD Billion, 2020-2034)

Hardware

Network

Edge Cloud Infrastructure

Software

Support Services

By Industry Outlook (Revenue, USD Billion, 2020-2034)

Automotive

Manufacturing

Healthcare

Energy & Utility

Retail & Consumer Goods

IT & Telecom

Others

By Regional Outlook (Revenue, USD Billion, 2020-2034)

North America

Canada

Europe

Germany

France

Italy

Spain

Netherlands

Russia

Rest of Europe

Asia Pacific

China

Japan

India

Malaysia

South Korea

Indonesia

Australia

Vietnam

Rest of Asia Pacific

Middle East & Africa

Saudi Arabia

UAE

Israel

South Africa

Rest of Middle East & Africa

Latin America

Mexico

Brazil

Argentina

Rest of Latin America

Product Code: PM5936

1. Introduction

1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
1.2. Stakeholders

2. Executive Summary

2.1. Market Highlights

3. Research Methodology

3.1. Overview
- 3.1.1. Data Mining
3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources

4. Global Edge AI Market Insights

4.1. Edge AI Market - Market Snapshot
4.2. Edge AI Market Dynamics
- 4.2.1. Drivers and Opportunities
  - 4.2.1.1. Rise of 5G and Next-Gen Connectivity
  - 4.2.1.2. Global Semiconductor and AI R&D Investment
- 4.2.2. Restraints and Challenges
  - 4.2.2.1. High Hardware and Development Costs
  - 4.2.2.2. Data Privacy and Security Risks
4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
4.4. PESTEL Analysis
4.5. Edge AI Market Trends
4.6. Value Chain Analysis

5. Global Edge AI Market, by Component

5.1. Key Findings
5.2. Introduction
- 5.2.1. Global Edge AI Market, by Component, 2020-2034 (USD Billion)
5.3. Hardware
- 5.3.1. Global Edge AI Market, by Hardware, by Region, 2020-2034 (USD Billion)
5.4. Network
- 5.4.2. Global Edge AI Market, by Component, 2020-2034 (USD Billion)
5.5. Edge Cloud Infrastructure
5.6. Software
- 5.6.1. Global Edge AI Market, by Software, by Region, 2020-2034 (USD Billion)
5.7. Support Services
- 5.7.1. Global Edge AI Market, by Support Services, by Region, 2020-2034 (USD Billion)

6. Global Edge AI Market, by Industry

6.1. Key Findings
6.2. Introduction
- 6.2.1. Global Edge AI Market, by Industry, 2020-2034 (USD Billion)
6.3. Automotive
- 6.3.1. Global Edge AI Market, by Automotive, by Region, 2020-2034 (USD Billion)
6.4. Manufacturing
- 6.4.1. Global Edge AI Market, by Manufacturing, by Region, 2020-2034 (USD Billion)
6.5. Healthcare
- 6.5.1. Global Edge AI Market, by Healthcare, by Region, 2020-2034 (USD Billion)
6.6. Energy & Utility
- 6.6.1. Global Edge AI Market, by Energy & Utility, by Region, 2020-2034 (USD Billion)
6.7. Retail & Consumer Goods
- 6.7.1. Global Edge AI Market, by Retail & Consumer Goods, by Region, 2020-2034 (USD Billion)
6.8. IT & Telecom
- 6.8.1. Global Edge AI Market, by IT & Telecom, by Region, 2020-2034 (USD Billion)
6.9. Others
- 6.9.1. Global Edge AI Market, by Others, by Region, 2020-2034 (USD Billion)

7. Global Edge AI Market, by Geography

7.1. Key Findings
7.2. Introduction
- 7.2.1. Edge AI Market Assessment, By Geography, 2020-2034 (USD Billion)
7.3. Edge AI Market - North America
- 7.3.1. North America: Edge AI Market, by Component, 2020-2034 (USD Billion)
- 7.3.2. North America: Edge AI Market, by Industry, 2020-2034 (USD Billion)
- 7.3.3. Edge AI Market - U.S.
  - 7.3.3.1. U.S.: Edge AI Market, by Component, 2020-2034 (USD Billion)
  - 7.3.3.2. U.S.: Edge AI Market, by Industry, 2020-2034 (USD Billion)
- 7.3.4. Edge AI Market - Canada
  - 7.3.4.1. Canada: Edge AI Market, by Component, 2020-2034 (USD Billion)
  - 7.3.4.2. Canada: Edge AI Market, by Industry, 2020-2034 (USD Billion)
7.4. Edge AI Market - Europe
- 7.4.1. Europe: Edge AI Market, by Component, 2020-2034 (USD Billion)
- 7.4.2. Europe: Edge AI Market, by Industry, 2020-2034 (USD Billion)
- 7.4.3. Edge AI Market - UK
  - 7.4.3.1. UK: Edge AI Market, by Component, 2020-2034 (USD Billion)
  - 7.4.3.2. UK: Edge AI Market, by Industry, 2020-2034 (USD Billion)
- 7.4.4. Edge AI Market - France
  - 7.4.4.1. France: Edge AI Market, by Component, 2020-2034 (USD Billion)
  - 7.4.4.2. France: Edge AI Market, by Industry, 2020-2034 (USD Billion)
- 7.4.5. Edge AI Market - Germany
  - 7.4.5.1. Germany: Edge AI Market, by Component, 2020-2034 (USD Billion)
  - 7.4.5.2. Germany: Edge AI Market, by Industry, 2020-2034 (USD Billion)
- 7.4.6. Edge AI Market - Italy
  - 7.4.6.1. Italy: Edge AI Market, by Component, 2020-2034 (USD Billion)
  - 7.4.6.2. Italy: Edge AI Market, by Industry, 2020-2034 (USD Billion)
- 7.4.7. Edge AI Market - Spain
  - 7.4.7.1. Spain: Edge AI Market, by Component, 2020-2034 (USD Billion)
  - 7.4.7.2. Spain: Edge AI Market, by Industry, 2020-2034 (USD Billion)
- 7.4.8. Edge AI Market - Netherlands
  - 7.4.8.1. Netherlands: Edge AI Market, by Component, 2020-2034 (USD Billion)
  - 7.4.8.2. Netherlands: Edge AI Market, by Industry, 2020-2034 (USD Billion)
- 7.4.9. Edge AI Market - Russia
  - 7.4.9.1. Russia: Edge AI Market, by Component, 2020-2034 (USD Billion)
  - 7.4.9.2. Russia: Edge AI Market, by Industry, 2020-2034 (USD Billion)
- 7.4.10. Edge AI Market - Rest of Europe
  - 7.4.10.1. Rest of Europe: Edge AI Market, by Component, 2020-2034 (USD Billion)
  - 7.4.10.2. Rest of Europe: Edge AI Market, by Industry, 2020-2034 (USD Billion)
7.5. Edge AI Market - Asia Pacific
- 7.5.1. Asia Pacific: Edge AI Market, by Component, 2020-2034 (USD Billion)
- 7.5.2. Asia Pacific: Edge AI Market, by Industry, 2020-2034 (USD Billion)
- 7.5.3. Edge AI Market - China
  - 7.5.3.1. China: Edge AI Market, by Component, 2020-2034 (USD Billion)
  - 7.5.3.2. China: Edge AI Market, by Industry, 2020-2034 (USD Billion)
- 7.5.4. Edge AI Market - India
  - 7.5.4.1. India: Edge AI Market, by Component, 2020-2034 (USD Billion)
  - 7.5.4.2. India: Edge AI Market, by Industry, 2020-2034 (USD Billion)
- 7.5.5. Edge AI Market - Malaysia
  - 7.5.5.1. Malaysia: Edge AI Market, by Component, 2020-2034 (USD Billion)
  - 7.5.5.2. Malaysia: Edge AI Market, by Industry, 2020-2034 (USD Billion)
- 7.5.6. Edge AI Market - Japan
  - 7.5.6.1. Japan: Edge AI Market, by Component, 2020-2034 (USD Billion)
  - 7.5.6.2. Japan: Edge AI Market, by Industry, 2020-2034 (USD Billion)
- 7.5.7. Edge AI Market - Indonesia
  - 7.5.7.1. Indonesia: Edge AI Market, by Component, 2020-2034 (USD Billion)
  - 7.5.7.2. Indonesia: Edge AI Market, by Industry, 2020-2034 (USD Billion)
- 7.5.8. Edge AI Market - South Korea
  - 7.5.8.1. South Korea: Edge AI Market, by Component, 2020-2034 (USD Billion)
  - 7.5.8.2. South Korea: Edge AI Market, by Industry, 2020-2034 (USD Billion)
- 7.5.9. Edge AI Market - Australia
  - 7.5.9.1. Australia: Edge AI Market, by Component, 2020-2034 (USD Billion)
  - 7.5.9.2. Australia: Edge AI Market, by Industry, 2020-2034 (USD Billion)
- 7.5.10. Edge AI Market - Rest of Asia Pacific
  - 7.5.10.1. Rest of Asia Pacific: Edge AI Market, by Component, 2020-2034 (USD Billion)
  - 7.5.10.2. Rest of Asia Pacific: Edge AI Market, by Industry, 2020-2034 (USD Billion)
7.6. Edge AI Market - Middle East & Africa
- 7.6.1. Middle East & Africa: Edge AI Market, by Component, 2020-2034 (USD Billion)
- 7.6.2. Middle East & Africa: Edge AI Market, by Industry, 2020-2034 (USD Billion)
- 7.6.3. Edge AI Market - Saudi Arabia
  - 7.6.3.1. Saudi Arabia: Edge AI Market, by Component, 2020-2034 (USD Billion)
  - 7.6.3.2. Saudi Arabia: Edge AI Market, by Industry, 2020-2034 (USD Billion)
- 7.6.4. Edge AI Market - UAE
  - 7.6.4.1. UAE: Edge AI Market, by Component, 2020-2034 (USD Billion)
  - 7.6.4.2. UAE: Edge AI Market, by Industry, 2020-2034 (USD Billion)
- 7.6.5. Edge AI Market - Israel
  - 7.6.5.1. Israel: Edge AI Market, by Component, 2020-2034 (USD Billion)
  - 7.6.5.2. Israel: Edge AI Market, by Industry, 2020-2034 (USD Billion)
- 7.6.6. Edge AI Market - South Africa
  - 7.6.6.1. South Africa: Edge AI Market, by Component, 2020-2034 (USD Billion)
  - 7.6.6.2. South Africa: Edge AI Market, by Industry, 2020-2034 (USD Billion)
- 7.6.7. Edge AI Market - Rest of Middle East & Africa
  - 7.6.7.1. Rest of Middle East & Africa: Edge AI Market, by Component, 2020-2034 (USD Billion)
  - 7.6.7.2. Rest of Middle East & Africa: Edge AI Market, by Industry, 2020-2034 (USD Billion)
7.7. Edge AI Market - Latin America
- 7.7.1. Latin America: Edge AI Market, by Component, 2020-2034 (USD Billion)
- 7.7.2. Latin America: Edge AI Market, by Industry, 2020-2034 (USD Billion)
- 7.7.3. Edge AI Market - Mexico
  - 7.7.3.1. Mexico: Edge AI Market, by Component, 2020-2034 (USD Billion)
  - 7.7.3.2. Mexico: Edge AI Market, by Industry, 2020-2034 (USD Billion)
- 7.7.4. Edge AI Market - Brazil
  - 7.7.4.1. Brazil: Edge AI Market, by Component, 2020-2034 (USD Billion)
  - 7.7.4.2. Brazil: Edge AI Market, by Industry, 2020-2034 (USD Billion)
- 7.7.5. Edge AI Market - Argentina
  - 7.7.5.1. Argentina: Edge AI Market, by Component, 2020-2034 (USD Billion)
  - 7.7.5.2. Argentina: Edge AI Market, by Industry, 2020-2034 (USD Billion)
- 7.7.6. Edge AI Market - Rest of Latin America
  - 7.7.6.1. Rest of Latin America: Edge AI Market, by Component, 2020-2034 (USD Billion)
  - 7.7.6.2. Rest of Latin America: Edge AI Market, by Industry, 2020-2034 (USD Billion)

8. Competitive Landscape

8.1. Expansion and Acquisition Analysis
- 8.1.1. Expansion
- 8.1.2. Acquisitions
8.2. Partnerships/Collaborations/Agreements/Exhibitions

9. Company Profiles

9.1. Amazon Web Services, Inc.
- 9.1.1. Company Overview
- 9.1.2. Financial Performance
- 9.1.3. Product Benchmarking
- 9.1.4. Recent Development
9.2. Apple Inc.
- 9.2.1. Company Overview
- 9.2.2. Financial Performance
- 9.2.3. Product Benchmarking
- 9.2.4. Recent Development
9.3. Google LLC (Alphabet Inc.)
- 9.3.1. Company Overview
- 9.3.2. Financial Performance
- 9.3.3. Product Benchmarking
- 9.3.4. Recent Development
9.4. Huawei Technologies Co., Ltd.
- 9.4.1. Company Overview
- 9.4.2. Financial Performance
- 9.4.3. Product Benchmarking
- 9.4.4. Recent Development
9.5. IBM Corporation
- 9.5.1. Company Overview
- 9.5.2. Financial Performance
- 9.5.3. Product Benchmarking
- 9.5.4. Recent Development
9.6. Intel Corporation
- 9.6.1. Company Overview
- 9.6.2. Financial Performance
- 9.6.3. Product Benchmarking
- 9.6.4. Recent Development
9.7. MediaTek Inc.
- 9.7.1. Company Overview
- 9.7.2. Financial Performance
- 9.7.3. Product Benchmarking
- 9.7.4. Recent Development
9.8. Microsoft Corporation
- 9.8.1. Company Overview
- 9.8.2. Financial Performance
- 9.8.3. Product Benchmarking
- 9.8.4. Recent Development
9.9. NVIDIA Corporation
- 9.9.1. Company Overview
- 9.9.2. Financial Performance
- 9.9.3. Product Benchmarking
- 9.9.4. Recent Development
9.10. Qualcomm Technologies, Inc.
- 9.10.1. Company Overview
- 9.10.2. Financial Performance
- 9.10.3. Product Benchmarking
- 9.10.4. Recent Development
9.11. Samsung Electronics Co., Ltd.
- 9.11.1. Company Overview
- 9.11.2. Financial Performance
- 9.11.3. Product Benchmarking
- 9.11.4. Recent Development
9.12. Siemens AG
- 9.12.1. Company Overview
- 9.12.2. Financial Performance
- 9.12.3. Product Benchmarking
- 9.12.4. Recent Development