How big is the Edge AI Hardware Market?

The Edge AI Hardware Market size is expected to reach USD 3.76 billion in 2024 and grow at a CAGR of 19.85% to reach USD 9.31 billion by 2029. Read More

What is the current Edge AI Hardware Market size?

In 2024, the Edge AI Hardware Market size is expected to reach USD 3.76 billion. Read More

Who are the key players in Edge AI Hardware Market?

Intel Corporation, Huawei Technologies Co. Ltd, Nvidia Corporation, Advanced Micro Devices Inc. and Samsung Group are the major companies operating in the Edge AI Hardware Market. Read More

Which is the fastest growing region in Edge AI Hardware Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Edge AI Hardware Market?

In 2024, the North America accounts for the largest market share in Edge AI Hardware Market. Read More

What years does this Edge AI Hardware Market cover, and what was the market size in 2023?

In 2023, the Edge AI Hardware Market size was estimated at USD 3.01 billion. The report covers the Edge AI Hardware Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Edge AI Hardware Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What future developments are expected in the Edge AI Hardware Market?

Future developments in the Edge Artificial Intelligence (AI) Hardware Market are a) More advanced neural network capabilities b) Increased integration with IoT devices c) Broader adoption across emerging industries like smart cities and logistics Read More

What are the key drivers of the Edge AI Hardware Market?

Key factors driving the Edge Artificial Intelligence (AI) Market are a) Increasing demand for low-latency processing b) Advancements in AI and machine learning technologies c) Growing need for real-time decision-making solutions in various industries Read More

Edge AI Hardware Market Share

Statistics for the 2023 & 2024 Edge AI Hardware market share, created by Mordor Intelligence™ Industry Reports. Edge AI Hardware share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Edge AI Hardware Industry

Edge AI Hardware Market is highly fragmented, with the presence of major players like Intel Corporation, Huawei Technologies Co. Ltd, Nvidia Corporation, Advanced Micro Devices Inc., and Samsung Group. Players in the market are adopting strategies such as partnerships and acquisitions to enhance their product offerings and gain sustainable competitive advantage.

August 2023 - Intel and Synopsys announced their definitive agreement to expand the companies' long-standing IP (intellectual property) and EDA (electronic design automation) strategic partnership by developing a portfolio of IP on Intel 3 and Intel 18A for Intel's foundry customers. Synopsys would enable a range of its standardized interface IP portfolio on Intel's leading-edge process technologies as part of the transaction. As a result, Intel's foundry consumers would gain access to industry-leading IPs built on Intel's advanced process technologies and be able to accelerate design execution and project schedules for system-on-chips (SoCs).
November 2022: Israeli AI solutions firm Run:ai has launched an MLOps Compute Platform (MCP) with support from NVIDIA's DGX systems. The platform is a full-stack AI tool for enterprises that would help them avoid issues associated with AI model deployment.