Edge AI Processor Market Provides Detailed Insight by Trends, Challenges, Opportunities, and Competitive Analysis
Edge AI Processor: Introduction
- Edge computing and artificial intelligence combined together form the edge AI
- Edge computing includes advanced techniques for data collection, analysis, and processing to the edge of the network, while artificial intelligence consists of advanced analytics with automation
- Edge AI processors are a type of microprocessors specially designed for accelerating embedded AI applications on edge devices.
- Edge AI processors are required in modern devices such as smart speakers, smart phones, laptops, robots, self-driven cars, drones and video analytics devices such as surveillance cameras
- Edge AI processors are specially built with graphics processing units (GPUs), field-programmable gate arrays (FPGAs), and application-specific integrated circuits (ASICs) to accelerate the processing speed required for AI algorithms
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Rise in Demand for Global Edge AI Processors
- Increase in investments in artificial intelligence startups and a rise in the demand for smart homes & smart cities to cater to the rising demand for automation & safety in organizations are boosting the global edge AI processor market
- Rise in demand for self-driving cars, edge computing in IoT devices, advanced healthcare equipment, and robotics are also fueling the global edge AI processor market
- Demand for reliable connectivity and accelerated performance have propelled the demand for edge AI processor in different sectors such as government, agriculture, consumer electronics, real estate, automotive, transportation, communication, healthcare, manufacturing, etc.
Asia Pacific to Lead Global Edge AI Processor Market
- Asia Pacific is anticipated to dominate the global edge AI Processor market, due to a rise in the demand for AI processor-enabled smartphones in developing countries such as China, Japan, India, and South Korea
- Increase in demand for video analytics devices such as surveillance cameras, security systems, and increased digital communication by governments are other key factors that are fueling the global edge AI processor market
- Rising usage of faster and reliable edge hardware devices that require lower processing time for AI applications is increasing the demand for edge AI processors in Asia Pacific
Key Players Operating in Global Edge AI Processor Market
Key players operating in the global edge AI processor market are:
- Intel Corp.
- Apple Corp.
- Huawei Technologies Co. Ltd.
- MediaTek Corp. Co. Ltd.
- Samsung Electronics
- Qualcomm Technologies
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Global Edge AI Processor Market: Research Scope
Global Edge AI Processor Market, by Architecture
- Central Processing Unit (CPU)
- Graphics Processing Unit (GPU)
- Field-Programmable Gate Array (FPGA)
- Application-Specific Integrated Circuits (ASIC)
Global Edge AI Processor Market, by Device
- Smart Speakers
- Smart Phones
- Laptops
- Robots
- Self-Driven Cars
- Drones
- Surveillance Cameras
- Others
Global Edge AI Processor Market, by End-use
- Consumer Electronics
- Automotive
- Transportation
- Healthcare
- Manufacturing
- Communication
- Others
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