Edge Artificial Intelligence Chips Market Size, Share, Trends, Growth and Forecast 2026

Edge Artificial Intelligence Chips Market

Edge Artificial Intelligence Chips Market – By Processor (CPU, GPU, and ASIC), By Device Type (Consumer Devices and Enterprise Devices), By Function (Inference and Training) and By Region - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2026

Category: Technology & Media Report Format : PDF Pages: 130 Report Code: ZMR-6339 Published Date: May-2021 Status : Published
Market Size in 2019 Market Forecast in 2026 CAGR (in %) Base Year
USD 2.1 Billion USD 27.2 Billion 35% 2019

Edge Artificial Intelligence Chips Market

Edge Artificial Intelligence Chips Market Size And Industry Analysis

The global Edge Artificial Intelligence Chips market, which was estimated at about 2.1 (USD Billion) in 2019 and is predicted to accrue earnings worth 27.2 (USD Billion) by 2026, is set to record a CAGR of nearly over 35% during 2020-2026. The report offers valuation and analysis of Edge Artificial Intelligence Chips market on a global as well as regional level. The study offers a comprehensive assessment of the industry competition, limitations, sales estimates, avenues, current & emerging trends, and industry-validated market data. The report offers historical data from 2016 to 2019 along with a forecast from 2020 to 2026 based on value (USD Billion).

Edge Artificial Intelligence Chips Market: Overview

Onset of smartphones has brought a paradigm shift in the world of technology. However, users find it inconvenient and frustrating that speech to text converting functions in their smartphones does not operate if smartphone is not connected to web. Moreover, edge AI chips helps in resolving these issues of the smartphone users. Additionally, edge AI chips increase machine learning tasks on any smart equipment as compared to data center located at distant place and this will chart a profitable growth curve for edge artificial intelligence chips industry over the forecast timeline. Reportedly, Edge AI chip sales are projected to increase over double as compared to semiconductors. Furthermore, the equipment is likely to be used in consumer electronic products including tablets, smart speakers, wearables, and smartphones. In addition to this, edge AI chips find lucrative application in smart robots, smart sensors, connected things, and smart cameras.

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Edge Artificial Intelligence Chips Market: Growth Factors

Edge AI chips are tiny, inexpensive, generate lesser heat, and require lesser power supply. Hence, they are embedded into smartphones & robots. Additionally, edge AI chips help in eliminating the requirement of transporting large amount of data packages to distant location, thereby providing high speed, strong data security, privacy, and usability. All these aspects will steer the expansion of edge artificial intelligence chips industry over the projected timespan. Furthermore, edge AI chip helps drones in performing navigation in real-time and on-device without any internet connectivity requirement. With increase in the profit margins due to use of edge AI chips in the AI chip business, the market for edge artificial intelligence chips is anticipated to witness logarithmic expansion over the few years span. Flourishing AI chip industry will further contribute to the market value in the coming decade as it is likely to record a double-digit CAGR over the forecast timeframe.

Furthermore, edge AI chips help the end-users in unlocking their smartphones, capturing mild-blowing images through these devices, and interact with voice assistant of smartphones. Apart from this, the edge AI chips help the firms in improving their IoT applications. Furthermore, the ability of edge AI chip in gathering, interpreting, and quickly operating on big data is likely to make it more popular in video monitoring & virtual reality applications. All these aforementioned factors will steer the market size in the foreseeable future. Additionally, large-scale product penetration in drones and autonomous vehicles will steer the industry trends.

Regional Landscape

North America To Account For Major Global Market Share By 2026

The regional market growth over 2020-2026 can be credited to large-scale presence of reputed & giant manufacturers such as NVIDIA, Google, and Microsoft in the sub-continent. In addition to this, government is focusing on  developing strong AI systems and hence is investing heavily on research activities pertaining to high-end edge technologies. This will further expedite the industry scope over the upcoming timespan. Additionally, large number of edge Ai computing firms are located in the U.S. and this has made use of edge AI chips more popular in the region. Favorable government incentives for startups to create new kind of edge AI technologies along with need of adding advanced features to edge AI technology has resulted in massive penetration of edge AI chips in the sub-continent.  

Report Scope :

Report Attributes Report Details
Report Name Edge Artificial Intelligence Chips Market Size Report
Market Size in 2019 USD 2.1 Billion
Market Forecast in 2026 USD 27.2 Billion
Growth Rate CAGR of 35%
Number of Pages 188
Forecast Units Value (USD Billion), and Volume (Units)
Key Companies Covered Arm Limited; Samsung Electronics Co., Ltd.; Qualcomm Technologies, Inc.; Advanced Micro Devices, Inc.; Hi Silicon(Shanghai) Technologies CO., LIMITED; Alphabet Inc.; Intel Corporation; Apple Inc.; Mythic; Ltd.; NVIDIA Corporation; and Xilinx Inc
Segments Covered By Function, By Processor, By Device Type and By Region
Base Year 2020
Historical Year 2015 to 2018
Forecast Year 2019 - 2026
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

Competitive Landscape

  • Arm Limited
  • Samsung Electronics Co., Ltd.
  • Qualcomm Technologies, Inc.
  • Advanced Micro Devices, Inc.
  • Hi Silicon(Shanghai) Technologies CO., LIMITED
  • Alphabet Inc.
  • Intel Corporation
  • Apple Inc.
  • Mythic
  • NVIDIA Corporation
  • Xilinx Inc.

The global Edge Artificial Intelligence Chips Market is segmented as follows:

By Function:

  • Inference
  • Training

By Processor:

  • CPU
  • GPU
  • ASIC

By Device Type:

  • Consumer Devices
  • Enterprise Devices

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

Methodology

FrequentlyAsked Questions

Edge AI chips are tiny, inexpensive, generate lesser heat, and require lesser power supply. Hence, they are embedded into smartphones & robots. Additionally, edge AI chips help in eliminating the requirement of transporting large amount of data packages to distant location, thereby providing high speed, strong data security, privacy, and usability. All these aspects will steer the expansion of edge artificial intelligence chips industry over the projected timespan. Furthermore, edge AI chip helps drones in performing navigation in real-time and on-device without any internet connectivity requirement. With increase in the profit margins due to use of edge AI chips in the AI chip business, the market for edge artificial intelligence chips is anticipated to witness logarithmic expansion over the few years span. Flourishing AI chip industry will further contribute to the market value in the coming decade as it is likely to record a double-digit CAGR over the forecast timeframe. Large-scale product penetration in drones and autonomous vehicles will steer the industry trends.

According to Zion Market Research report, the global Edge Artificial Intelligence Chips Market, which was estimated at about 2.1 (USD Billion) in 2019 and is predicted to accrue earnings worth 27.2 (USD Billion) by 2026, is set to record a CAGR of nearly over 35% during 2020-2026.  

North America is likely to make noteworthy contributions towards overall market revenue. The growth of the industry in the sub-continent over the estimated timespan is attributed to large-scale presence of reputed & giant manufacturers such as NVIDIA, Google, and Microsoft in the sub-continent. In addition to this, government is focusing on developing strong AI systems and hence is investing heavily on research activities pertaining to high-end edge technologies. This will further expedite the industry scope over the upcoming timespan. Additionally, large number of edge Ai computing firms are located in the U.S. and this has made use of edge AI chips more popular in the region. Favorable government incentives for startups to create new kind of edge AI technologies along with need of adding advanced features to edge AI technology has resulted in massive penetration of edge AI chips in the sub-continent.

The key players profiled in the report include are Arm Limited; Samsung Electronics Co., Ltd.; Qualcomm Technologies, Inc.; Advanced Micro Devices, Inc.; Hi Silicon(Shanghai) Technologies CO., LIMITED; Alphabet Inc.; Intel Corporation; Apple Inc.; Mythic; Ltd.; NVIDIA Corporation; and Xilinx Inc.

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