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Edge AI Processor Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region

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    Report

  • 250 Pages
  • February 2024
  • Region: Global
  • Fairfield Market Research
  • ID: 5943168
Description Jump to:
The Edge Artificial Intelligence (AI) Processor Market is experiencing an unprecedented surge, poised to exceed a valuation of $9 billion by 2031. Fueled by a compound annual growth rate (CAGR) of 14.0%, this market is reshaping the landscape of data processing with its real-time capabilities. Edge AI processors are at the forefront of innovation, catering to a diverse range of applications spanning from autonomous driving to security and smart devices.

Rising Demand and Market Trends:

The demand for edge AI processors has witnessed a significant uptick, fuelled by the escalating adoption of AI products and services across various sectors. These processors facilitate real-time data processing, minimizing latency and energy consumption, while also ensuring data privacy. As industries increasingly embrace automation, the edge AI processor market is poised for substantial growth.

Key Trends Shaping the Market:

The publisher highlights several key trends driving the expansion of the edge AI processor market:

  • Localized processing capabilities enabling processor-intensive AI computations on devices.
  • Enhanced speed and data privacy offered by edge AI processor chips.
  • Wide-ranging applications, from smartphones to IoT devices and manufacturing robots.
  • Integration in advanced driver assistance systems and other automotive applications.
  • Surge in IoT-connected devices, projected to reach 29.4 billion by 2030.

Regional Opportunities:

North America emerges as a significant hotspot for edge AI processor providers, with a projected valuation of $3.4 billion by 2031. The region's robust demand for IoT-connected devices is a key driver, necessitating the use of edge AI processors for enhanced connectivity and real-time decision-making.

Country-wise Insights:

  • United States of America: Projected to reach a market size of $3 billion by 2031, driven by the country's prominent consumer device market, particularly smartphones.
  • United Kingdom: Expected to elevate to $460 million by 2031, fueled by the widespread adoption of consumer devices like smartphones.
  • China: Poised to become a significant manufacturing hub, with an estimated market worth of $800 million by 2031, driven by its dominance in consumer electronics and automotive manufacturing.

Category-wise Insights:

  • Edge AI Processor Types: CPUs are anticipated to witness substantial growth, driven by their versatility, low power consumption, and compatibility with various devices.
  • Device Usage: Consumer devices, especially smartphones, are expected to lead in edge AI processor utilization, driven by technological advancements and rising demand for enhanced functionalities.

Competitive Analysis:

Leading players in the market are investing heavily in research and development to enhance the functionality and processing power of edge AI processors. Collaborative efforts are underway to explore new technologies and algorithms, driving innovation and market expansion.

Key Companies Profiled

  • Qualcomm Technologies Inc.
  • Mythic
  • Arm Limited
  • HiSilicon Technologies Co Ltd
  • Intel Corporation
  • Advanced Micro Devices, Inc.
  • Rohm Semiconductors
  • Hyundai Motor Group
  • Alphabet Inc.
  • Apple Inc.
  • Samsung Electronics Co., Ltd.
  • Nvidia Corporation

Edge AI Processor Market Outlook by Category

By Type:

  • Central Processing Unit (CPU)
  • Graphics Processing Unit (GPU)
  • Application Specific Integrated Circuit (ASIC)

By Device Type:

  • Consumer Devices
  • Enterprise Devices

By End-use Industry:

  • Automotive and Transportation
  • Healthcare
  • Consumer Electronics
  • Retail and E-commerce
  • Manufacturing

By Region:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East and Africa


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Table of Contents

1. Executive Summary
1.1. Global Edge AI Processor Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value, 2023
1.5. Analyst Recommendations
2. Market Overview
2.1. Market Definitions and Segmentations
2.2. Market Dynamics
2.2.1. Drivers
2.2.2. Restraints
2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter’s Five Forces Analysis
2.5. COVID-19 Impact Analysis
2.5.1. Supply
2.5.2. Demand
2.6. Impact of Ukraine-Russia Conflict
2.7. Economic Overview
2.7.1. World Economic Projections
2.8. PESTLE Analysis
3. Global Edge AI Processor Market Outlook, 2018 - 2031
3.1. Global Edge AI Processor Market Outlook, by Type, Value (US$ Bn), 2018 - 2031
3.1.1. Key Highlights
3.1.1.1. Central Processing Unit (CPU)
3.1.1.2. Graphics Processing Unit (GPU)
3.1.1.3. Application Specific Integrated Circuit (ASIC)
3.2. Global Edge AI Processor Market Outlook, by Device Type, Value (US$ Bn), 2018 - 2031
3.2.1. Key Highlights
3.2.1.1. Consumer Devices
3.2.1.2. Enterprise Devices
3.3. Global Edge AI Processor Market Outlook, by End-use Industry, Value (US$ Bn), 2018 - 2031
3.3.1. Key Highlights
3.3.1.1. Automotive and Transportation
3.3.1.2. Healthcare
3.3.1.3. Consumer Electronics
3.3.1.4. Retail and E-commerce
3.3.1.5. Manufacturing
3.4. Global Edge AI Processor Market Outlook, by Region, Value (US$ Bn), 2018 - 2031
3.4.1. Key Highlights
3.4.1.1. North America
3.4.1.2. Europe
3.4.1.3. Asia Pacific
3.4.1.4. Latin America
3.4.1.5. Middle East & Africa
4. North America Edge AI Processor Market Outlook, 2018 - 2031
4.1. North America Edge AI Processor Market Outlook, by Type, Value (US$ Bn), 2018 - 2031
4.1.1. Key Highlights
4.1.1.1. Central Processing Unit (CPU)
4.1.1.2. Graphics Processing Unit (GPU)
4.1.1.3. Application Specific Integrated Circuit (ASIC)
4.2. North America Edge AI Processor Market Outlook, by Device Type, Value (US$ Bn), 2018 - 2031
4.2.1. Key Highlights
4.2.1.1. Consumer Devices
4.2.1.2. Enterprise Devices
4.3. North America Edge AI Processor Market Outlook, by End-use Industry, Value (US$ Bn), 2018 - 2031
4.3.1. Key Highlights
4.3.1.1. Automotive and Transportation
4.3.1.2. Healthcare
4.3.1.3. Consumer Electronics
4.3.1.4. Retail and E-commerce
4.3.1.5. Manufacturing
4.3.2. BPS Analysis/Market Attractiveness Analysis
4.4. North America Edge AI Processor Market Outlook, by Country, Value (US$ Bn), 2018 - 2031
4.4.1. Key Highlights
4.4.1.1. U.S. Edge AI Processor Market by Type, Value (US$ Bn), 2018 - 2031
4.4.1.2. U.S. Edge AI Processor Market by Device Type, Value (US$ Bn), 2018 - 2031
4.4.1.3. U.S. Edge AI Processor Market by End-use Industry, Value (US$ Bn), 2018 - 2031
4.4.1.4. Canada Edge AI Processor Market by Type, Value (US$ Bn), 2018 - 2031
4.4.1.5. Canada Edge AI Processor Market by Device Type, Value (US$ Bn), 2018 - 2031
4.4.1.6. Canada Edge AI Processor Market by End-use Industry, Value (US$ Bn), 2018 - 2031
4.4.2. BPS Analysis/Market Attractiveness Analysis
5. Europe Edge AI Processor Market Outlook, 2018 - 2031
5.1. Europe Edge AI Processor Market Outlook, by Type, Value (US$ Bn), 2018 - 2031
5.1.1. Key Highlights
5.1.1.1. Central Processing Unit (CPU)
5.1.1.2. Graphics Processing Unit (GPU)
5.1.1.3. Application Specific Integrated Circuit (ASIC)
5.2. Europe Edge AI Processor Market Outlook, by Device Type, Value (US$ Bn), 2018 - 2031
5.2.1. Key Highlights
5.2.1.1. Consumer Devices
5.2.1.2. Enterprise Devices
5.3. Europe Edge AI Processor Market Outlook, by End-use Industry, Value (US$ Bn), 2018 - 2031
5.3.1. Key Highlights
5.3.1.1. Automotive and Transportation
5.3.1.2. Healthcare
5.3.1.3. Consumer Electronics
5.3.1.4. Retail and E-commerce
5.3.1.5. Manufacturing
5.3.2. BPS Analysis/Market Attractiveness Analysis
5.4. Europe Edge AI Processor Market Outlook, by Country, Value (US$ Bn), 2018 - 2031
5.4.1. Key Highlights
5.4.1.1. Germany Edge AI Processor Market by Type, Value (US$ Bn), 2018 - 2031
5.4.1.2. Germany Edge AI Processor Market by Device Type, Value (US$ Bn), 2018 - 2031
5.4.1.3. Germany Edge AI Processor Market by End-use Industry, Value (US$ Bn), 2018 - 2031
5.4.1.4. U.K. Edge AI Processor Market by Type, Value (US$ Bn), 2018 - 2031
5.4.1.5. U.K. Edge AI Processor Market by Device Type, Value (US$ Bn), 2018 - 2031
5.4.1.6. U.K. Edge AI Processor Market by End-use Industry, Value (US$ Bn), 2018 - 2031
5.4.1.7. France Edge AI Processor Market by Type, Value (US$ Bn), 2018 - 2031
5.4.1.8. France Edge AI Processor Market by Device Type, Value (US$ Bn), 2018 - 2031
5.4.1.9. France Edge AI Processor Market by End-use Industry, Value (US$ Bn), 2018 - 2031
5.4.1.10. Italy Edge AI Processor Market by Type, Value (US$ Bn), 2018 - 2031
5.4.1.11. Italy Edge AI Processor Market by Device Type, Value (US$ Bn), 2018 - 2031
5.4.1.12. Italy Edge AI Processor Market by End-use Industry, Value (US$ Bn), 2018 - 2031
5.4.1.13. Turkey Edge AI Processor Market by Type, Value (US$ Bn), 2018 - 2031
5.4.1.14. Turkey Edge AI Processor Market by Device Type, Value (US$ Bn), 2018 - 2031
5.4.1.15. Turkey Edge AI Processor Market by End-use Industry, Value (US$ Bn), 2018 - 2031
5.4.1.16. Russia Edge AI Processor Market by Type, Value (US$ Bn), 2018 - 2031
5.4.1.17. Russia Edge AI Processor Market by Device Type, Value (US$ Bn), 2018 - 2031
5.4.1.18. Russia Edge AI Processor Market by End-use Industry, Value (US$ Bn), 2018 - 2031
5.4.1.19. Rest of Europe Edge AI Processor Market by Type, Value (US$ Bn), 2018 - 2031
5.4.1.20. Rest of Europe Edge AI Processor Market by Device Type, Value (US$ Bn), 2018 - 2031
5.4.1.21. Rest of Europe Edge AI Processor Market by End-use Industry, Value (US$ Bn), 2018 - 2031
5.4.2. BPS Analysis/Market Attractiveness Analysis
6. Asia Pacific Cassava Starch Market Outlook, 2018 - 2031
6.1. Asia Pacific Cassava Starch Market Outlook, by Type, Value (US$ Bn), 2018 - 2031
6.1.1. Key Highlights
6.1.1.1. Central Processing Unit (CPU)
6.1.1.2. Graphics Processing Unit (GPU)
6.1.1.3. Application Specific Integrated Circuit (ASIC)
6.2. Asia Pacific Edge AI Processor Market Outlook, by Device Type, Value (US$ Bn), 2018 - 2031
6.2.1. Key Highlights
6.2.1.1. Consumer Devices
6.2.1.2. Enterprise Devices
6.3. Asia Pacific Edge AI Processor Market Outlook, by End-use Industry, Value (US$ Bn), 2018 - 2031
6.3.1. Key Highlights
6.3.1.1. Automotive and Transportation
6.3.1.2. Healthcare
6.3.1.3. Consumer Electronics
6.3.1.4. Retail and E-commerce
6.3.1.5. Manufacturing
6.3.2. BPS Analysis/Market Attractiveness Analysis
6.4. Asia Pacific Edge AI Processor Market Outlook, by Country, Value (US$ Bn), 2018 - 2031
6.4.1. Key Highlights
6.4.1.1. China Edge AI Processor Market by Type, Value (US$ Bn), 2018 - 2031
6.4.1.2. China Edge AI Processor Market by Device Type, Value (US$ Bn), 2018 - 2031
6.4.1.3. China Edge AI Processor Market by End-use Industry, Value (US$ Bn), 2018 - 2031
6.4.1.4. Japan Edge AI Processor Market by Type, Value (US$ Bn), 2018 - 2031
6.4.1.5. Japan Edge AI Processor Market by Device Type, Value (US$ Bn), 2018 - 2031
6.4.1.6. Japan Edge AI Processor Market by End-use Industry, Value (US$ Bn), 2018 - 2031
6.4.1.7. South Korea Edge AI Processor Market by Type, Value (US$ Bn), 2018 - 2031
6.4.1.8. South Korea Edge AI Processor Market by Device Type, Value (US$ Bn), 2018 - 2031
6.4.1.9. South Korea Edge AI Processor Market by End-use Industry, Value (US$ Bn), 2018 - 2031
6.4.1.10. India Edge AI Processor Market by Type, Value (US$ Bn), 2018 - 2031
6.4.1.11. India Edge AI Processor Market by Device Type, Value (US$ Bn), 2018 - 2031
6.4.1.12. India Edge AI Processor Market by End-use Industry, Value (US$ Bn), 2018 - 2031
6.4.1.13. Southeast Asia Edge AI Processor Market by Type, Value (US$ Bn), 2018 - 2031
6.4.1.14. Southeast Asia Edge AI Processor Market by Device Type, Value (US$ Bn), 2018 - 2031
6.4.1.15. Southeast Asia Edge AI Processor Market by End-use Industry, Value (US$ Bn), 2018 - 2031
6.4.1.16. Rest of Asia Pacific Edge AI Processor Market by Type, Value (US$ Bn), 2018 - 2031
6.4.1.17. Rest of Asia Pacific Edge AI Processor Market by Device Type, Value (US$ Bn), 2018 - 2031
6.4.1.18. Rest of Asia Pacific Edge AI Processor Market by End-use Industry, Value (US$ Bn), 2018 - 2031
6.4.2. BPS Analysis/Market Attractiveness Analysis
7. Latin America Edge AI Processor Market Outlook, 2018 - 2031
7.1. Latin America Edge AI Processor Market Outlook, by Type, Value (US$ Bn), 2018 - 2031
7.1.1. Key Highlights
7.1.1.1. Central Processing Unit (CPU)
7.1.1.2. Graphics Processing Unit (GPU)
7.1.1.3. Application Specific Integrated Circuit (ASIC)
7.2. Latin America Edge AI Processor Market Outlook, by Device Type, Value (US$ Bn), 2018 - 2031
7.2.1.1. Consumer Devices
7.2.1.2. Enterprise Devices
7.3. Latin America Edge AI Processor Market Outlook, by End-use Industry, Value (US$ Bn), 2018 - 2031
7.3.1. Key Highlights
7.3.1.1. Automotive and Transportation
7.3.1.2. Healthcare
7.3.1.3. Consumer Electronics
7.3.1.4. Retail and E-commerce
7.3.1.5. Manufacturing
7.3.2. BPS Analysis/Market Attractiveness Analysis
7.4. Latin America Edge AI Processor Market Outlook, by Country, Value (US$ Bn), 2018 - 2031
7.4.1. Key Highlights
7.4.1.1. Brazil Edge AI Processor Market by Type, Value (US$ Bn), 2018 - 2031
7.4.1.2. Brazil Edge AI Processor Market by Device Type, Value (US$ Bn), 2018 - 2031
7.4.1.3. Brazil Edge AI Processor Market by End-use Industry, Value (US$ Bn), 2018 - 2031
7.4.1.4. Mexico Edge AI Processor Market by Type, Value (US$ Bn), 2018 - 2031
7.4.1.5. Mexico Edge AI Processor Market by Device Type, Value (US$ Bn), 2018 - 2031
7.4.1.6. Mexico Edge AI Processor Market by End-use Industry, Value (US$ Bn), 2018 - 2031
7.4.1.7. Argentina Edge AI Processor Market by Type, Value (US$ Bn), 2018 - 2031
7.4.1.8. Argentina Edge AI Processor Market by Device Type, Value (US$ Bn), 2018 - 2031
7.4.1.9. Argentina Edge AI Processor Market by End-use Industry, Value (US$ Bn), 2018 - 2031
7.4.1.10. Rest of Latin America Edge AI Processor Market by Type, Value (US$ Bn), 2018 - 2031
7.4.1.11. Rest of Latin America Edge AI Processor Market by Device Type, Value (US$ Bn), 2018 - 2031
7.4.1.12. Rest of Latin America Edge AI Processor Market by End-use Industry, Value (US$ Bn), 2018 - 2031
7.4.2. BPS Analysis/Market Attractiveness Analysis
8. Middle East & Africa Edge AI Processor Market Outlook, 2018 - 2031
8.1. Middle East & Africa Edge AI Processor Market Outlook, by Type, Value (US$ Bn), 2018 - 2031
8.1.1. Key Highlights
8.1.1.1. Central Processing Unit (CPU)
8.1.1.2. Graphics Processing Unit (GPU)
8.1.1.3. Application Specific Integrated Circuit (ASIC)
8.2. Middle East & Africa Edge AI Processor Market Outlook, by Device Type, Value (US$ Bn), 2018 - 2031
8.2.1. Key Highlights
8.2.1.1. Consumer Devices
8.2.1.2. Enterprise Devices
8.3. Middle East & Africa Edge AI Processor Market Outlook, by End-use Industry, Value (US$ Bn), 2018 - 2031
8.3.1.1. Automotive and Transportation
8.3.1.2. Healthcare
8.3.1.3. Consumer Electronics
8.3.1.4. Retail and E-commerce
8.3.1.5. Manufacturing
8.3.2. BPS Analysis/Market Attractiveness Analysis
8.4. Middle East & Africa Edge AI Processor Market Outlook, by Country, Value (US$ Bn), 2018 - 2031
8.4.1. Key Highlights
8.4.1.1. GCC Edge AI Processor Market by Type, Value (US$ Bn), 2018 - 2031
8.4.1.2. GCC Edge AI Processor Market by Device Type, Value (US$ Bn), 2018 - 2031
8.4.1.3. GCC Edge AI Processor Market by End-use Industry, Value (US$ Bn), 2018 - 2031
8.4.1.4. South Africa Edge AI Processor Market by Type, Value (US$ Bn), 2018 - 2031
8.4.1.5. South Africa Edge AI Processor Market by Device Type, Value (US$ Bn), 2018 - 2031
8.4.1.6. South Africa Edge AI Processor Market by End-use Industry, Value (US$ Bn), 2018 - 2031
8.4.1.7. Egypt Edge AI Processor Market by Type, Value (US$ Bn), 2018 - 2031
8.4.1.8. Egypt Edge AI Processor Market by Device Type, Value (US$ Bn), 2018 - 2031
8.4.1.9. Egypt Edge AI Processor Market by End-use Industry, Value (US$ Bn), 2018 - 2031
8.4.1.10. Nigeria Edge AI Processor Market by Type, Value (US$ Bn), 2018 - 2031
8.4.1.11. Nigeria Edge AI Processor Market by Device Type, Value (US$ Bn), 2018 - 2031
8.4.1.12. Nigeria Edge AI Processor Market by End-use Industry, Value (US$ Bn), 2018 - 2031
8.4.1.13. Rest of Middle East & Africa Edge AI Processor Market by Type, Value (US$ Bn), 2018 - 2031
8.4.1.14. Rest of Middle East & Africa Edge AI Processor Market by Device Type, Value (US$ Bn), 2018 - 2031
8.4.1.15. Rest of Middle East & Africa Edge AI Processor Market by End-use Industry, Value (US$ Bn), 2018 - 2031
8.4.2. BPS Analysis/Market Attractiveness Analysis
9. Competitive Landscape
9.1. By End-use Industry vs by Device Type Heat map
9.2. Manufacturer vs by Device Type Heatmap
9.3. Company Market Share Analysis, 2023
9.4. Competitive Dashboard
9.5. Company Profiles
9.5.1. Qualcomm Technologies Inc.
9.5.1.1. Company Overview
9.5.1.2. Product Portfolio
9.5.1.3. Financial Overview
9.5.1.4. Business Strategies and Development
9.5.2. Mythic
9.5.2.1. Company Overview
9.5.2.2. Product Portfolio
9.5.2.3. Financial Overview
9.5.2.4. Business Strategies and Development
9.5.3. Arm Limited
9.5.3.1. Company Overview
9.5.3.2. Product Portfolio
9.5.3.3. Financial Overview
9.5.3.4. Business Strategies and Development
9.5.4. HiSilicon Technologies Co Ltd
9.5.4.1. Company Overview
9.5.4.2. Product Portfolio
9.5.4.3. Financial Overview
9.5.4.4. Business Strategies and Development
9.5.5. Intel Corporation
9.5.5.1. Company Overview
9.5.5.2. Product Portfolio
9.5.5.3. Financial Overview
9.5.5.4. Business Strategies and Development
9.5.6. Advanced Micro Devices, Inc.
9.5.6.1. Company Overview
9.5.6.2. Product Portfolio
9.5.6.3. Financial Overview
9.5.6.4. Business Strategies and Development
9.5.7. Alphabet Inc.
9.5.7.1. Company Overview
9.5.7.2. Product Portfolio
9.5.7.3. Financial Overview
9.5.7.4. Business Strategies and Development
9.5.8. Apple Inc.
9.5.8.1. Company Overview
9.5.8.2. Product Portfolio
9.5.8.3. Financial Overview
9.5.8.4. Business Strategies and Development
9.5.9. Samsung Electronics Co., Ltd.
9.5.9.1. Company Overview
9.5.9.2. Product Portfolio
9.5.9.3. Financial Overview
9.5.9.4. Business Strategies and Development
9.5.10. Nvidia Corporation
9.5.10.1. Company Overview
9.5.10.2. Product Portfolio
9.5.10.3. Financial Overview
9.5.10.4. Business Strategies and Development
10. Appendix
10.1. Research Methodology
10.2. Report Assumptions
10.3. Acronyms and Abbreviations

Companies Mentioned

  • Qualcomm Technologies Inc.
  • Mythic
  • Arm Limited
  • HiSilicon Technologies Co Ltd
  • Intel Corporation
  • Advanced Micro Devices, Inc.
  • Alphabet Inc.
  • Apple Inc.
  • Samsung Electronics Co., Ltd.
  • Nvidia Corporation

Methodology

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About the Market

The Edge AI Processor market is a segment within the broader field of Artificial Intelligence (AI) that focuses on developing specialized processors designed to perform AI computations at the edge of networks, closer to the data sources. These processors are tailored to handle AI tasks with high efficiency and low power consumption, enabling real-time processing and decision-making capabilities in devices like smartphones, smart cameras, drones, autonomous vehicles, and IoT devices. The demand for Edge AI Processors has been driven by the need for more responsive and context-aware AI applications that can operate with minimal latency and reduced reliance on cloud computing resources. Edge AI Processors are integral to the emergence of smart technologies and the enhancement of user experiences through features such as facial recognition, natural language processing, and autonomous operations. They accommodate the mounting privacy concerns by processing data on-device rather than transmitting sensitive information to the cloud. Innovations in semiconductor technology, neural network architectures, and AI algorithms continue to fuel advancements in this market. Notable companies in the Edge AI processor market include NVIDIA Corporation, Intel Corporation, Qualcomm Technologies, Inc., Apple Inc., Google LLC, Huawei Technologies Co., Ltd., Samsung Electronics, MediaTek Inc., and Xilinx, Inc. These companies offer a range of Edge AI solutions, from chips integrated into consumer electronics to standalone processors for enterprise-scale applications. Show Less Read more

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