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North America AI Edge Computing Market Size, Share & Trends Analysis Report By Component (Hardware, Software, and Services), By Organization Size, By Application, By Industry Vertical, By Country and Growth Forecast, 2024 - 2031

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    Report

  • 127 Pages
  • August 2024
  • Region: North America
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5992249
Description Jump to:
The North America AI Edge Computing Market would witness market growth of 20.2% CAGR during the forecast period (2024-2031).

The US market dominated the North America AI Edge Computing Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $17.21 billion by 2031. The Canada market is experiencing a CAGR of 22.4% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 21.7% during (2024 - 2031).



Artificial Intelligence (AI) edge computing is rapidly transforming the technology landscape, driving innovation across various industries by decentralizing data processing and bringing computational power closer to the data source.

Additionally, this shift from traditional cloud-based systems to edge computing models marks a significant evolution in how data is handled, analyzed, and utilized. This transformation's heart is integrating AI capabilities at the edge, enabling real-time decision-making, enhanced security, and improved efficiency.

North American businesses have quickly integrated AI into their operations, creating a demand for efficient data processing solutions like edge computing. The U.S. manufacturing industry has quickly adopted Industry 4.0 technologies, which integrate AI and edge computing to optimize production processes, enhance operational efficiency, and reduce downtime through predictive maintenance. According to the National Institute of Standards and Technology (NIST), the U.S. manufacturing sector is estimated to invest heavily in smart manufacturing technologies.

Based on Component, the market is segmented into Hardware, Software, and Services. Based on Organization Size, the market is segmented into Large Enterprises and SME (Small & Medium Sized Enterprises). Based on Application, the market is segmented into IIOT, Remote Monitoring, Content Delivery, Video Analytics and AR & VR (Augmented Reality and Virtual Reality). Based on Industry Vertical, the market is segmented into Automotive, Healthcare, Chemicals, Oil & Gas, Manufacturing & Robotics, Public Infrastructure and Transportation & Logistics. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled

  • Comsovereign Holding Corp.
  • Nokia Corporation
  • Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
  • Johnson Controls International PLC
  • Vapor IO, Inc.
  • IBM Corporation
  • Rigado Inc.
  • Cisco Systems, Inc.
  • ClearBlade Inc.
  • HP, Inc.

Market Report Segmentation

By Organization Size
  • Large Enterprises
  • Small & Medium Enterprises (SME)
By Component
  • Hardware
  • Software
  • Services
By Application
  • IIOT (Industrial Internet of Things)
  • Remote Monitoring
  • Content Delivery
  • Video Analytics
  • AR & VR (Augmented Reality and Virtual Reality)
By Vertical
  • Manufacturing
  • Healthcare
  • Automotive
  • Chemicals
  • Oil & Gas
  • Public Infrastructure and
  • Transportation & Logistics
  • Others
By Country
  • US
  • Canada
  • Mexico
  • Rest of North America

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America AI Edge Computing Market, by Organization Size
1.4.2 North America AI Edge Computing Market, by Component
1.4.3 North America AI Edge Computing Market, by Application
1.4.4 North America AI Edge Computing Market, by Industry Vertical
1.4.5 North America AI Edge Computing Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.2.4 Geographical Expansions
4.3 Top Winning Strategies
4.3.1 Key Leading Strategies: Percentage Distribution (2020-2024)
4.3.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2020, Oct - 2024, Jun) Leading Players
4.4 Porter Five Forces Analysis
Chapter 5. North America AI Edge Computing Market by Organization Size
5.1 North America Large Enterprises Market by Region
5.2 North America Small & Medium Enterprises Market by Region
Chapter 6. North America AI Edge Computing Market by Component
6.1 North America Hardware Market by Country
6.2 North America Software Market by Country
6.3 North America Services Market by Country
Chapter 7. North America AI Edge Computing Market by Application
7.1 North America IIoT Market by Country
7.2 North America Remote Monitoring Market by Country
7.3 North America Video Analytics Market by Country
7.4 North America Content Delivery Market by Country
7.5 North America AR&VR Market by Country
7.6 North America Others Market by Country
Chapter 8. North America AI Edge Computing Market by Vertical
8.1 North America Manufacturing & Robotics Market by Country
8.2 North America Healthcare Market by Country
8.3 North America Automotive Market by Country
8.4 North America Chemicals Market by Country
8.5 North America Oil & Gas Market by Country
8.6 North America Public Infrastructure Market by Country
8.7 North America Transportation & Logistics Market by Country
8.8 North America Others Market by Country
Chapter 9. North America AI Edge Computing Market by Country
9.1 US AI Edge Computing Market
9.1.1 US AI Edge Computing Market by Organization Size
9.1.2 US AI Edge Computing Market by Component
9.1.3 US AI Edge Computing Market by Application
9.1.4 US AI Edge Computing Market by Vertical
9.2 Canada AI Edge Computing Market
9.2.1 Canada AI Edge Computing Market by Organization Size
9.2.2 Canada AI Edge Computing Market by Component
9.2.3 Canada AI Edge Computing Market by Application
9.2.4 Canada AI Edge Computing Market by Vertical
9.3 Mexico AI Edge Computing Market
9.3.1 Mexico AI Edge Computing Market by Organization Size
9.3.2 Mexico AI Edge Computing Market by Component
9.3.3 Mexico AI Edge Computing Market by Application
9.3.4 Mexico AI Edge Computing Market by Vertical
9.4 Rest of North America AI Edge Computing Market
9.4.1 Rest of North America AI Edge Computing Market by Organization Size
9.4.2 Rest of North America AI Edge Computing Market by Component
9.4.3 Rest of North America AI Edge Computing Market by Application
9.4.4 Rest of North America AI Edge Computing Market by Vertical
Chapter 10. Company Profiles
10.1 Comsovereign Holding Corp.
10.1.1 Company Overview
10.1.2 Financial Analysis
10.2 Vapor IO, Inc.
10.2.1 Company Overview
10.2.2 Recent strategies and developments:
10.2.2.1 Partnerships, Collaborations, and Agreements:
10.3 Rigado Inc.
10.3.1 Company Overview
10.4 ClearBlade Inc.
10.4.1 Company Overview
10.4.2 Recent strategies and developments:
10.4.2.1 Partnerships, Collaborations, and Agreements:
10.5 Hewlett Packard Enterprise Company
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Segmental and Regional Analysis
10.5.4 Research & Development Expense
10.5.5 Recent strategies and developments:
10.5.5.1 Partnerships, Collaborations, and Agreements:
10.5.5.2 Acquisition and Mergers:
10.5.6 SWOT Analysis
10.6 Nokia Corporation
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Segmental and Regional Analysis
10.6.4 Research & Development Expense
10.6.5 Recent strategies and developments:
10.6.5.1 Partnerships, Collaborations, and Agreements:
10.6.6 SWOT Analysis
10.7 Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
10.7.1 Company Overview
10.7.2 Financial Analysis
10.7.3 Segmental and Regional Analysis
10.7.4 Research & Development Expenses
10.7.5 SWOT Analysis
10.8 Johnson Controls International PLC
10.8.1 Company Overview
10.8.2 Financial Analysis
10.8.3 Segmental & Regional Analysis
10.8.4 Research & Development Expenses
10.8.5 Recent strategies and developments:
10.8.5.1 Acquisition and Mergers:
10.8.5.2 Geographical Expansions:
10.8.6 SWOT Analysis
10.9 IBM Corporation
10.9.1 Company Overview
10.9.2 Financial Analysis
10.9.3 Regional & Segmental Analysis
10.9.4 Research & Development Expenses
10.9.5 Recent strategies and developments:
10.9.5.1 Partnerships, Collaborations, and Agreements:
10.9.5.2 Product Launches and Product Expansions:
10.9.6 SWOT Analysis
10.10. Cisco Systems, Inc.
10.10.1 Company Overview
10.10.2 Financial Analysis
10.10.3 Regional Analysis
10.10.4 Research & Development Expense
10.10.5 Recent strategies and developments:
10.10.5.1 Partnerships, Collaborations, and Agreements:
10.10.6 SWOT Analysis
10.11 Amazon Web Services, Inc. (Amazon.com, Inc.)
10.11.1 Company Overview
10.11.2 Financial Analysis
10.11.3 Segmental Analysis
10.11.4 Recent strategies and developments:
10.11.4.1 Partnerships, Collaborations, and Agreements:
10.11.5 SWOT Analysis
10.12 Microsoft Corporation
10.12.1 Company Overview
10.12.2 Financial Analysis
10.12.3 Segmental and Regional Analysis
10.12.4 Research & Development Expenses
10.12.5 Recent strategies and developments:
10.12.5.1 Partnerships, Collaborations, and Agreements:
10.12.6 SWOT Analysis
10.13 Oracle Corporation
10.13.1 Company Overview
10.13.2 Financial Analysis
10.13.3 Segmental and Regional Analysis
10.13.4 Research & Development Expense
10.13.5 Recent strategies and developments:
10.13.5.1 Partnerships, Collaborations, and Agreements:
10.13.6 SWOT Analysis

Companies Mentioned

  • Comsovereign Holding Corp.
  • Nokia Corporation
  • Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
  • Johnson Controls International PLC
  • Vapor IO, Inc.
  • IBM Corporation
  • Rigado Inc.
  • Cisco Systems, Inc.
  • ClearBlade Inc.
  • Hewlett Packard Enterprise Company
  • Oracle Corporation
  • Microsoft Corporation
  • Amazon Web Services, Inc.

Methodology

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About the AI Edge Computing Market

AI Edge Computing is a form of distributed computing that enables AI applications to be deployed and run on the edge of a network, close to the source of data. This allows for faster response times and improved privacy, as data does not need to be sent to a centralised server. AI Edge Computing is used in a variety of applications, such as autonomous vehicles, smart home devices, and industrial automation. It is also used to enable real-time analytics and machine learning applications. AI Edge Computing is becoming increasingly popular as it allows for faster response times and improved privacy. It also reduces the need for expensive cloud computing resources, as data can be processed locally. Companies in the AI Edge Computing market include Google, Microsoft, Amazon, Intel, NVIDIA, and ARM. Show Less Read more

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