The Business Research Company has updated its global market reports with latest data for 2024 and projections up to 2033.
The AI In Hardware by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
Learn More On The AI In Hardware Market:
https://www.thebusinessresearchcompany.com/report/ai-in-hardware-global-market-report
According to The Business Research Company’s AI In Hardware, The ai in hardware market size has grown exponentially in recent years. It will grow from $20.88 billion in 2023 to $25.96 billion in 2024 at a compound annual growth rate (CAGR) of 24.3%. The growth in the historic period can be attributed to strong economic growth in emerging markets, increase in penetration of smartphones and rise in adoption of ai hardware in banking, it and telecom.The ai in hardware market size is expected to see exponential growth in the next few years. It will grow to $58.61 billion in 2028 at a compound annual growth rate (CAGR) of 22.6%.
The adoption of AI hardware in banking, IT, and telecom sectors is expected to drive the growth of the AI hardware market going forward. These industries are witnessing significant growth and are increasingly integrating AI technologies to enhance their operations, elevate customer experiences, and foster innovation. AI hardware plays a crucial role in banking by improving fraud detection and prevention, managing risks, and enhancing customer service. In the IT sector, AI hardware is utilized to analyze extensive datasets from connected devices, enabling the detection of anomalies and predictive maintenance scheduling. Similarly, in the telecom sector, AI-enabled hardware is employed to analyze real-time network traffic, identifying and resolving performance issues promptly. For example, in January 2022, according to the Government Digital Service, AI adoption in IT and telecom reached 29.5%. In 2021, banking and IT sectors led AI adoption with 52%, followed by media and telecoms with 38%. Hence, the increasing adoption of AI hardware across banking, IT, and telecom sectors is fueling the growth of the AI in hardware market.
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The ai in hardware market covered in this report is segmented –
1) By Type: Processor, Memory Network, Storage
2) By Deployment: Cloud, On-Premise
3) By Technology: Machine Learning, Computer Vision, Natural Language Processing, Expert Systems
4) By Application: Training And Simulation, Driver Monitoring Systems, Surveillance And Security, Other Applications
5) By End User: Telecommunication And IT (Information Technology) Industry, Banking And Finance Sectors, Ecommerce, Robotics, Healthcare, Other End Users
Top Major Players
Qualcomm Technologies,
Alphabet Inc.,
Micron Technology,
NVDIA Corporation,
Huawei Technologies Co. Ltd.
The ai in hardware market report table of contents includes:
1. Executive Summary
2. AI In Hardware Market Characteristics
3. AI In Hardware Market Trends And Strategies
4. AI In Hardware Market - Macro Economic Scenario
5. Global AI In Hardware Market Size and Growth
6. AI In Hardware Market Segmentation
7. AI In Hardware Market Regional And Country Analysis
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34. Key Mergers And Acquisitions In The AI In Hardware Market
35. AI In Hardware Market Future Outlook and Potential Analysis
36. Appendix
List Of Tables :
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global AI In Hardware Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global AI In Hardware Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global AI In Hardware Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
............
Table 76: Qualcomm Technologies Financial Performance
Table 77: Alphabet Inc. Financial Performance
Table 78: Micron Technology Financial Performance
Table 79: NVDIA Corporation Financial Performance
Table 80: Huawei Technologies Co. Ltd. Financial Performance
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Market Research Future has come up with the latest report on the “Global Edge AI Hardware Market 2020”.
The survey covered the impact of COVID-19 on everything, including the economy.
On this, MRFR reveals that the global market earlier achieved a valuation of USD 532.4 Million in 2018 and would now scale up to USD 1,681.8 Million by 2024 at a CAGR of 21.72% during the forecast period.Growth in Artificial Intelligence (AI) has created huge opportunities for semiconductor companies.
AI hardware is the core enabler for various solutions such as facial recognition and virtual assistant managing homes.SegmentationBy component, the market is segmented into CPU, GPU, ASIC, and others.
The smartphones segment had the largest revenue share in the Edge AI hardware market in 2018 and is expected to continue its dominance throughout the forecast period.By power consumption, the edge AI hardware market is segmented into less than 1 W, 1–3 W, 3–5 W, 5–10 W, and more than 10 W. By process, the edge AI hardware market is divided into training and inference.By vertical, the market is segmented into consumer electronics, smart home, automotive & transportation, government, healthcare, aerospace & defense, construction, and others.Get Free Sample Report @ https://www.marketresearchfuture.com/sample_request/7836Key playersIntel Corporation (US), Samsung Electronics Co., Ltd. (South Korea), Google Inc. (US), NVIDIA Corporation (US), Qualcomm (US), MediaTek Inc. (Taiwan), Xilinx Inc. (US), and Microsoft Corporation (US).
The other prominent companies in the edge AI hardware market include Huawei Technologies Co., Ltd. (China), Imagination Technologies Limited (UK), and Cambricon Technologies (China) among others.Regional AnalysisThe global market for edge AI hardware is estimated to grow at a significant rate during the forecast period from 2019 to 2024.
Market HighlightsThe global edge AI hardware market registered a transaction of 532.4 million units in 2020 and is expected to reach 1,681.8 million units by the end of forecast period with a CAGR of 21.72%.
Growth in Artificial Intelligence (AI) has created huge opportunities for semiconductor companies.
Edge AI processing involves low latency which is an advantage and hence is contributing to growth of the market.Edge AI processing helps reducing the data travelling time so that companies can analyze data on real-time basis.
AI hardware is the core enabler for various solutions such as facial recognition and virtual assistant managing homes.SegmentationBy component, the market is segmented into CPU, GPU, ASIC, and others.
The camera segment is expected to grow at a significant CAGR during the forecast period.By power consumption, the edge AI hardware market is segmented into less than 1 W, 1–3 W, 3–5 W, 5–10 W, and more than 10 W. By process, the edge AI hardware market is divided into training and inference.By vertical, the market is segmented into consumer electronics, smart home, automotive & transportation, government, healthcare, aerospace & defense, construction, and others.
The consumer electronics sector dominated the edge AI hardware market in 2018 and is expected to contribute a significant revenue share to the market during the forecast period.
Edge AI Hardware Market 2021-2027New Study Reports " The Global Edge AI hardware Market Industrial Analysis, Market Dynamics, Growth Analysis, Regional Analysis, Size, Share, and Forecast 2021- 2027" has been Added on MarketResearchFuture.Market OverviewThe study of market analysis of the global Edge AI hardware market focuses on the key elements and the market dynamics of a specific market within that particular industry.
The survey report analyses the elements, such as the strengths, weaknesses, opportunities, and threats of every individual manufacturing company.
The documentation is prepared by investigating the company’s activities related to their planning, decision making, purchase, capital investment, innovation, workforce, business expansion strategy, facility expansion, promotional activities, and many other aspects of a company.Market Dynamics of The Global Edge AI hardware MarketThe rising awareness among the global population for the product benefit tends to increase the production of a product of the global Edge AI hardware market in a positive way.
Edge AI processing involves low latency which is an advantage and hence is contributing to growth of the market.
Edge AI processing helps reducing the data travelling time so that companies can analyze data on real-time basis.
The other prominent companies in the edge AI hardware market include Huawei Technologies Co., Ltd. (China), Imagination Technologies Limited (UK), and Cambricon Technologies (China) among others and more.This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Edge AI Hardware.Complete Report Details@ https://www.marketresearchfuture.com/reports/edge-ai-hardware-market-7836SegmentationBy component, the market is segmented into CPU, GPU, ASIC, and others.
