Edge AI Hardware Market Size To Reach USD 38.87 Billion By 2030, Registering A CAGR of 18.8% – Valuates Reports – Yahoo Finance

BANGALORE, India, Nov. 23, 2021 /PRNewswire/ — Edge AI Hardware Market By Component (Processor, Memory, Sensor, and Others), Device Type (Smartphones, Cameras, Robots, Wearables, Smart Speaker, and Others), Process (Training and Inference), and End User (Consumer Electronics, Smart Home, Automotive, Government, Aerospace & Defense, Healthcare, Industrial, Construction, and Others): Global Opportunity Analysis and Industry Forecast, 2021-2030. It is published in Valuates Reports under the Computer Hardware Category.
The global Edge AI Hardware Market size was valued at USD 6.88 billion in 2020, and is projected to reach USD 38.87 billion by 2030, registering a CAGR of 18.8% from 2021 to 2030.
Major Factors Driving The Growth Of The Edge Ai Hardware Market Are
Increased demand for low latency and real-time processing on edge devices, the emergence of AI coprocessors for edge computing, reduction in data storage and operations costs, increase in enterprise workloads on the cloud, and rapid growth in the number of intelligent applications are all factors driving the growth of the edge AI hardware market.
Factors such as the development in IoT applications by various end-user sectors such as automotive and consumer electronics, among others, are expected to propel the worldwide edge AI hardware market forward.
Furthermore, the edge AI hardware market is likely to benefit from an increase in demand and adoption of artificial intelligence products and services.
Get Your Sample Today: https://reports.valuates.com/request/sample/ALLI-Manu-1S54/Edge_AI_Hardware_Market
The surge in investments in AI startups and the desire for smart homes and smart cities are two major factors influencing the growth of the edge AI hardware market. Furthermore, the rise of the edge AI hardware market is fueled by an increase in the demand for automation and security in companies. However, SMEs' lack of awareness limits market expansion. On the contrary, the market is likely to benefit from the increased usage of robots technology in emerging countries.
Growth in demand for low latency and real-time processing on edge devices is expected to drive the growth of the edge AI hardware market. Machine learning methods in edge AI employ device-generated data and process it on the device. This decreases latency and allows for automatic decision-making in real-time. Edge AI enables real-time processes such as data production, learning, and inference, which will assist applications that require real-time data processing. Autonomous vehicles (AVs) have a very short time between identifying a potential accident and making steering and braking adjustments. A vast amount of data collected by an IoT device is sent to the cloud, where machine learning (ML) models are run and the processed data is sent back to the device, causing a delay in response.
Dedicated AI processors for on-device image analytics are expected to provide lucrative growth opportunities for the edge AI hardware market. Drones, wearable gadgets, robotics, surveillance cameras, and autonomous vehicles all use AI mobile CPUs for computational imaging. AI-based vision processing units (VPU) can assist drones in making better decisions and reducing the risk of accidents, which will contribute to the growing demand for drones for industrial and personal use.
However, the worldwide edge AI hardware market is constrained by power consumption and size constraints.
Browse The Table Of Contents And List Of Figures At https://reports.valuates.com/reports/ALLI-Manu-1S54/edge-ai-hardware
In 2020, the United States was the largest shareholder in the North American edge AI hardware market, with a 55 percent share. However, due to significant investment in the automotive sector, the Edge AI Hardware market in Asia-Pacific is predicted to develop at the fastest rate over the forecast period. Furthermore, edge AI hardware devices have a high penetration rate in the healthcare, industrial, and consumer electronics sectors in economically developed countries, which is expected to contribute significantly to market growth.
Based on end-user, the consumer electronics segment is expected to be the most lucrative segment. This is because consumer spending and demand for consumer gadgets are increasing. Smartphones, smart wearables, and other electronic devices are in high demand. Furthermore, the emergence of new edge AI use cases could lead to a significant increase in consumer electronics in the edge AI hardware industry.
Based on components, the processor segment is expected to be the most lucrative.
Based on the processor, the Inference segment will dominate the market with the highest CAGR of 19.5% during 2021 – 2030
Based on device type, the smartphone segment is expected to dominate the market during the forecast period.
Inquire For Customization: https://reports.valuates.com/request/customisation/ALLI-Manu-1S54/Edge_AI_Hardware_Market
Edge Ai Hardware Market By Region
North America
Edge Ai Hardware Market By Key Player
Apple Inc.
Google LLC (Alphabet Inc.)
Huawei Technologies Co. Ltd.
Intel Corporation
International Business Machines Corporation (IBM)
MediaTek Inc.
Microsoft Corporation
NVIDIA Corporation
Qualcomm Technologies, Inc.
Samsung Electronics Co. Ltd. (Samsung)
Inquire For Chapter Cost: https://reports.valuates.com/request/chaptercost/ALLI-Manu-1S54/Edge_AI_Hardware_Market
Buy Now for Single User + Covid-19 Impact : https://reports.valuates.com/api/directpaytoken?rcode=ALLI-Manu-1S54&lic=single-user
We have introduced a tailor-made subscription for our customers. Please leave a note in the Comment Section to know about our subscription plans.
– The global AI In Telecommunication market size is projected to reach USD 14990 million by 2027, from USD 1189 million in 2020, at a CAGR of 42.6% during 2021-2027.
– The global Artificial Intelligence as a Service market size is projected to reach USD 7030 million by 2027, from USD 1858.1 million in 2020, at a CAGR of 20.4% during 2021-2027.
– The global Edge AI Software market size is projected to reach USD 2773.2 million by 2027, from USD 576 million in 2020, at a CAGR of 24.8% during 2021-2027.
– The global Cloud Computing market size is projected to reach USD 611170 million by 2027, from USD 97010 million in 2020, at a CAGR of 29.2% during 2021-2027.
Edge AI Market Size, Status and Forecast 2021-2027
Edge AI Software Solutions Market Size, Status and Forecast 2021-2027
Edge AI Processor Market Size, Status and Forecast 2021-2027
Edge AI Chips Sales Market Report 2021
Edge Processing in IoT Market Size, Status and Forecast 2021-2027
IoT Edge Platforms Software Market Size, Status and Forecast 2021-2027
Click Here To See Related Reports on Edge AI Hardware
About Us:
Valuates offers in-depth market insights into various industries. Our extensive report repository is constantly updated to meet your changing industry analysis needs.
Our team of market analysts can help you select the best report covering your industry. We understand your niche region-specific requirements and that's why we offer customization of reports. With our customization in place, you can request for any particular information from a report that meets your market analysis needs.
To achieve a consistent view of the market, data is gathered from various primary and secondary sources, at each step, data triangulation methodologies are applied to reduce deviance and find a consistent view of the market. Each sample we share contains a detailed research methodology employed to generate the report. Please also reach our sales team to get the complete list of our data sources.
Contact Us:
Valuates Reports
For U.S. Toll-Free Call 1-(315)-215-3225
For IST Call +91-8040957137
WhatsApp: +91-9945648335
Website: https://reports.valuates.com
Twitter – https://twitter.com/valuatesreports
LinkedIn – https://in.linkedin.com/company/valuatesreports
View original content:https://www.prnewswire.com/news-releases/edge-ai-hardware-market-size-to-reach-usd-38-87-billion-by-2030–registering-a-cagr-of-18-8—valuates-reports-301430855.html
SOURCE Valuates Reports
(Bloomberg) — President Joe Biden’s move to unleash supplies from U.S. petroleum reserves will flood the market with sour crude that refiners are currently shunning. Most Read from BloombergAsia’s Richest Man Looks to Walton Family Playbook on SuccessionThe 24-Year-Old Aiming to Dethrone Victoria’s SecretNew York City Is Building a Wall of Oysters to Fend Off FloodsThe Women Behind Historic House DesignsFrom Bathhouses to Fisheries, Hidden Inflation Is Creeping Across JapanSour crudes are heavy
Qualcomm has announce a major rebrand of its Snapdragon chips, in a move that could make choosing a phone vastly more simple. The company sells its Snapdragon chips to a vast range of other companies – such as Samsung, HP and OnePlus – which use them to power devices including mobile phones, watches and laptops. The most obvious one is that the Qualcomm and Snapdragon brands will be separated.
Oil futures rise sharply after President Joe Biden taps the Strategic Petroleum Reserve in a move joined by five other countries. Here's what's happening.
Biden wants cheaper fill-ups for American drivers, but oil-producing nations want prices to go up.
U.S. pressure on OPEC+ to pump more oil and cool red-hot crude prices has shone a spotlight on a relatively new problem for the producer group: it doesn't have much extra capacity to hike output faster, even if it wanted to. Yet OPEC+ can't even hit those goals. Production by OPEC+ was 700,000 bpd less than planned in both September and October, according to the International Energy Agency (IEA), raising the prospect of a tight market and high oil prices for longer.
As the Biden administration and allies scramble to deliver more oil to market through stockpile releases, shale producers are tapping the brakes on reinvestment, according to new data, a sign of the widening split between U.S. oil companies and Washington. That restraint has become the latest friction point between oil producers and the White House. On Tuesday, President Joe Biden launched coordinated oil stockpile releases with China, India, Japan and South Korea after efforts to cajole OPEC and U.S. producers to speed up production failed.
The Energy Department will release 50 million barrels of oil from the Strategic Petroleum Reserve as part of efforts to lower gasoline prices.
The Democratic president announced what he called the largest-ever release from the U.S. Strategic Petroleum Reserve to boost domestic supplies, in coordination with other countries. The White House is also probing possible illegal conduct by oil and gasoline companies that it says are keeping gas prices artificially high.
BlackBerry Limited (NYSE: BB; TSX: BB) and L-SPARK, Canada's largest software-as-a-service accelerator, today announced a third phase of their joint accelerator program, which aims to grow Canadian technology companies focused on connected vehicle solutions.
These are the energy stocks with the best value, fastest growth, and most momentum for December 2021.
For eight straight days, household goods salesman Vipresh Shah has failed to sell a single pack of Dettol soap to the storekeepers who have been buying from him ever since he took over his family business as a teenager, 14 years ago. Shah is an official distributor for Britain's Reckitt Benckiser in Vita, near Sangli city, around 200 miles south of Mumbai. "As Reckitt's distributor, I used to be like a prince in the market," said Shah.
New state filings provide some additional info about the scope and progress of construction at the electric vehicle plant Tesla is building in Travis County. CEO Elon Musk has long said production will begin by the end of '21 — and these documents suggest that timeline is still intact.
There's no doubt that the GE Healthcare spinoff and the portion of the company that won't get spun off will be the stronger two, but I think the third business will be the most interesting. Here's why investors should not be quick to dismiss the combination of GE Power, GE Renewable Energy, and GE Digital. As a reminder, GE's plans involve spinning off GE Healthcare in early 2023 (with GE retaining a 19.9% stake in the new company), and then combining GE Power, GE Renewable Energy, and GE Digital into one business and spinning that off in 2024.
Long hours and poor working conditions have aggravated a ‘driver retention problem’ worsening the supply chain crisis Truckers take a break at the Love’s travel stop in Springville, Utah. Photograph: George Frey/Getty Images At Joe’s Travel Plaza, a neon-lit rest stop on California’s main interstate highway, truckers can get a brief respite from life on the road. There’s a TV lounge, a laundry room and a free shower if you buy at least 75 gallons of fuel. There’s even a pair of massage chairs in
This stuff about older workers is driving me crazy. Interestingly, we have not seen any uptick in self-reported retirement (see Figure 1). Month-to-month transitions from employment to retirement and from not-in-the-labor-force (NILF) to retirement have both been flat, and transitions from unemployment to retirement have, if anything, declined from pre-pandemic levels.
In an internal company email obtained by Fanbyte, Nintendo of America President Doug Bowser says he was distressed by the allegations detailed in The Journal's investigation.
Long and growing delivery times for the iPhone have historically been a pretty good gauge of strong demand, giving analysts' and investors alike insight into sales of the iconic device. Wedbush Securities analyst Dan Ives has put pencil to paper and concluded that demand is outstripping supply by roughly 15% ahead of Black Friday when the holiday shopping season begins in earnest.
Halle Berry shared her "weird" but not so weird, sexual turn on during an interview with rapper Young M.A. on the promo trail for her upcoming Netflix film "Bruised."
Gap Inc's full-year net sales and profit forecasts fell short of Wall Street expectations on Tuesday, after the company flagged a hit of up to $650 million in lost annual sales due to supply chain disruptions going into the crucial holiday season. Shares of the San Francisco-based retailer sank about 16% in after-market trade as surging expenses forced the company to significantly lower its full-year net sales and profit forecasts. Inventory shortages due to port congestion, surging shipping costs and labor crunches have been plaguing retailers, with companies such as Abercrombie & Fitch and Nike having to deal with delayed inventory and empty shelves.
(Bloomberg) — President Joe Biden’s effort to tame pump prices by tapping government oil stockpiles could backfire for one simple reason: American gasoline prices more closely track international, rather than U.S., oil benchmarks. Most Read from BloombergAsia’s Richest Man Looks to Walton Family Playbook on SuccessionThe 24-Year-Old Aiming to Dethrone Victoria’s SecretNew York City Is Building a Wall of Oysters to Fend Off FloodsThe Women Behind Historic House DesignsFrom Bathhouses to Fisherie