Product Code: GVR-4-68040-477-8
Edge AI Accelerators Market Size & Trends:
The global edge AI accelerators market size was estimated at USD 5,942.4 million in 2023 and is projected to grow at a CAGR of 30.7% from 2024 to 2030.The market is experiencing significant growth due to the increasing demand for real-time data processing. As more devices connect to the internet, the need for instant analysis becomes critical across various industries. Traditional cloud computing methods face challenges like latency, bandwidth limitations, and data privacy concerns, pushing organizations to seek localized solutions. Edge AI accelerators facilitate rapid decision-making by processing data directly on devices, minimizing the need to send information to centralized servers. This capability enhances operational efficiency and responsiveness in applications ranging from autonomous vehicles to smart factories.
Advancements in AI algorithms and hardware technologies continue to improve the performance and affordability of these accelerators. As a result, more companies are using edge AI solutions to stay ahead of the competition. Furthermore, the growth of the Internet of Things (IoT) significantly contributes to the expansion of the edge AI accelerators market. The proliferation of IoT devices generates massive amounts of data that require immediate processing for effective insights and actions. Edge AI accelerators enable these devices to perform complex computations locally, reducing reliance on cloud infrastructure. This shift helps manage data more securely and efficiently, addressing privacy concerns associated with transmitting sensitive information over the internet. As industries embrace digital transformation, integrating AI capabilities into IoT devices becomes essential for achieving smart operations. The combination of IoT and edge AI accelerators opens up new opportunities for automation, predictive maintenance, and enhanced user experiences. Consequently, businesses are investing in edge AI technologies to capitalize on the potential of their IoT ecosystems fully.
Market trends such as the increasing focus on energy efficiency also drive the growth of edge AI accelerators. Companies are seeking solutions that reduce energy consumption while delivering high performance, particularly in resource-constrained environments. Edge AI accelerators typically consume less power compared to traditional cloud-based processing, making them attractive for various applications. The shift toward sustainable practices encourages organizations to adopt technologies that align with their environmental goals. Moreover, industries are under pressure to comply with regulations aimed at minimizing carbon footprints. Edge AI solutions can significantly contribute to achieving these sustainability objectives while maintaining operational efficiency. As awareness of environmental issues grows, the demand for energy-efficient edge AI accelerators is expected to rise.
Global Edge AI Accelerators Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global edge AI accelerators market report based on processor, device, end use and region.
- Processor Outlook (Revenue, USD Million, 2018 - 2030)
- Central Processing Unit (CPU)
- Graphics Processing Unit (CPU)
- Application-Specific Integrated Circuits (ASICs)
- Field-Programmable Gate Array (FPGA)
- Device Outlook (Revenue, USD Million, 2018 - 2030)
- Smartphones
- IoT Devices
- Robots
- Cameras
- End Use Outlook (Revenue, USD Million, 2018 - 2030)
- Healthcare
- Automotive
- Retail
- Manufacturing
- Security and Surveillance
- Others
- Regional Outlook (Revenue, USD Million, 2018 - 2030)
- North America
- Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Latin America
- Middle East and Africa (MEA)
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Market Definition
- 1.3. Research Methodology
- 1.3.1. Information Procurement
- 1.3.2. Information or Data Analysis
- 1.3.3. Market Formulation & Data Visualization
- 1.3.4. Data Validation & Publishing
- 1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. Edge AI Accelerators market Variables, Trends, & Scope
- 3.1. Market Introduction/Lineage Outlook
- 3.2. Market Dynamics
- 3.2.1. Market Driver Analysis
- 3.2.2. Market Restraint Analysis
- 3.2.3. Industry Challenge
- 3.3. Edge AI Accelerators market Analysis Tools
- 3.3.1. Porter's Analysis
- 3.3.2. PESTEL Analysis
Chapter 4. Edge AI Accelerators Market: Processor Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Edge AI Accelerators Market: Processor Movement Analysis, 2023 & 2030 (USD Million)
- 4.3. Central Processing Unit (CPU)
- 4.3.1. Central Processing Unit (CPU) Edge AI Accelerators Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.4. Graphics Processing Unit (GPU)
- 4.4.1. Graphics Processing Unit (GPU) Edge AI Accelerators Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.5. Application-Specific Integrated Circuits (ASICs)
- 4.5.1. Application-Specific Integrated Circuits (ASICs) Edge AI Accelerators Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.6. Field-Programmable Gate Array (FPGA)
- 4.6.1. Field-Programmable Gate Array (FPGA) Edge AI Accelerators Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 5. Edge AI Accelerators Market: Device Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. Edge AI Accelerators Market: Device Movement Analysis, 2023 & 2030 (USD Million)
- 5.3. Smartphones
- 5.3.1. Smartphones Edge AI Accelerators Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.4. IoT Devices
- 5.4.1. Cameras Edge AI Accelerators Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.5. Robots
- 5.5.1. Robots Edge AI Accelerators Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.6. Cameras
- 5.6.1. Cameras Edge AI Accelerators Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 6. Edge AI Accelerators Market: End Use Estimates & Trend Analysis
- 6.1. Segment Dashboard
- 6.2. Edge AI Accelerators Market: End Use Movement Analysis, 2023 & 2030 (USD Million)
- 6.3. Healthcare
- 6.3.1. Healthcare Edge AI Accelerators Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4. Automotive
- 6.4.1. Automotive Edge AI Accelerators Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.5. Retail
- 6.5.1. Retail Edge AI Accelerators Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6. Manufacturing
- 6.6.1. Manufacturing Edge AI Accelerators Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.7. Security and Surveillance
- 6.7.1. Security and Surveillance Edge AI Accelerators Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.8. Others
- 6.8.1. Others Edge AI Accelerators Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 7. Edge AI Accelerators Market: Regional Estimates & Trend Analysis
- 7.1. Edge AI Accelerators Market Share, By Region, 2023 & 2030, USD Million
- 7.2. North America
- 7.2.1. North America Edge AI Accelerators Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.2.2. U.S.
- 7.2.2.1. U.S. Edge AI Accelerators Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.2.3. Canada
- 7.2.3.1. Canada Edge AI Accelerators Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.2.4. Mexico
- 7.2.4.1. Mexico Edge AI Accelerators Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3. Europe
- 7.3.1. Europe Edge AI Accelerators Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.2. U.K.
- 7.3.2.1. U.K. Edge AI Accelerators Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.3. Germany
- 7.3.3.1. Germany Edge AI Accelerators Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.4. France
- 7.3.4.1. France Edge AI Accelerators Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4. Asia Pacific
- 7.4.1. Asia Pacific Edge AI Accelerators Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.2. China
- 7.4.2.1. China Edge AI Accelerators Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.3. Japan
- 7.4.3.1. Japan Edge AI Accelerators Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.4. India
- 7.4.4.1. India Edge AI Accelerators Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.5. South Korea
- 7.4.5.1. South Korea Edge AI Accelerators Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.6. Australia
- 7.4.6.1. Australia Edge AI Accelerators Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.5. Latin America
- 7.5.1. Latin America Edge AI Accelerators Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.5.2. Brazil
- 7.5.2.1. Brazil Edge AI Accelerators Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6. Middle East and Africa
- 7.6.1. Middle East and Africa Edge AI Accelerators Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6.2. KSA
- 7.6.2.1. KSA Edge AI Accelerators Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6.3. UAE
- 7.6.3.1. UAE Edge AI Accelerators Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6.4. South Africa
- 7.6.4.1. South Africa Edge AI Accelerators Market Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 8. Competitive Landscape
- 8.1. Company Categorization
- 8.2. Company Market Positioning
- 8.3. Participant's Overview
- 8.4. Financial Performance
- 8.5. Component Benchmarking
- 8.6. Company Heat Map Analysis
- 8.7. Strategy Mapping
- 8.8. Company Profiles/Listing
- 8.8.1. Apple Inc.
- 8.8.1.1. Participant's Overview
- 8.8.1.2. Financial Performance
- 8.8.1.3. Product Benchmarking
- 8.8.1.4. Recent Developments
- 8.8.2. EdgeCortix Inc.
- 8.8.2.1. Participant's Overview
- 8.8.2.2. Financial Performance
- 8.8.2.3. Product Benchmarking
- 8.8.2.4. Recent Developments
- 8.8.3. Hailo Technologies Ltd.
- 8.8.3.1. Participant's Overview
- 8.8.3.2. Financial Performance
- 8.8.3.3. Product Benchmarking
- 8.8.3.4. Recent Developments
- 8.8.4. Huawei Technologies Co., Ltd.
- 8.8.4.1. Participant's Overview
- 8.8.4.2. Financial Performance
- 8.8.4.3. Product Benchmarking
- 8.8.4.4. Recent Developments
- 8.8.5. International Business Machines Corporation (IBM)
- 8.8.5.1. Participant's Overview
- 8.8.5.2. Financial Performance
- 8.8.5.3. Product Benchmarking
- 8.8.5.4. Recent Developments
- 8.8.6. Intel Corporation
- 8.8.6.1. Participant's Overview
- 8.8.6.2. Financial Performance
- 8.8.6.3. Product Benchmarking
- 8.8.6.4. Recent Developments
- 8.8.7. Google LLC
- 8.8.7.1. Participant's Overview
- 8.8.7.2. Financial Performance
- 8.8.7.3. Product Benchmarking
- 8.8.7.4. Recent Developments
- 8.8.8. NVIDIA Corporation
- 8.8.8.1. Participant's Overview
- 8.8.8.2. Financial Performance
- 8.8.8.3. Product Benchmarking
- 8.8.8.4. Recent Developments
- 8.8.9. Qualcomm Technologies, Inc.
- 8.8.9.1. Participant's Overview
- 8.8.9.2. Financial Performance
- 8.8.9.3. Product Benchmarking
- 8.8.9.4. Recent Developments
- 8.8.10. Rapidus Corporation
- 8.8.10.1. Participant's Overview
- 8.8.10.2. Financial Performance
- 8.8.10.3. Product Benchmarking
- 8.8.10.4. Recent Developments