The Edge AI Software Market Size was valued at USD 1.33 Billion in 2023 and is expected to reach USD 13.67 Billion by 2032, growing at a CAGR of 29.58% over the forecast period 2024-2032.
The current status, market shares, competitive climate, trends, challenges and opportunities, demand drivers, manufacturers and distribution networks form part of the Market Assessment. The Edge AI Software Market analysis analyses the size of the several domestic sub-markets. Primary and secondary research procedures are also examined for the major organizations in the market. The report underlines the key businesses, end users, form and geographical areas.
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Edge AI Software Market Key Players:
l NVIDIA Corporation (NVIDIA Jetson, DeepStream SDK)
l Intel Corporation (OpenVINO, Movidius VPU)
l Qualcomm Technologies (Snapdragon Neural Processing Engine, Qualcomm AI Stack)
l Google LLC (TensorFlow Lite, Edge TPU)
l Microsoft Corporation (Azure IoT Edge, Custom Vision AI)
l Amazon Web Services (AWS) (AWS IoT Greengrass, AWS SageMaker Edge)
l Xilinx, Inc. (Vitis AI, Zynq UltraScale+ MPSoC)
l Huawei Technologies Co., Ltd. (Ascend AI Processors, MindSpore)
l Arm Holdings (Arm Cortex-M, Arm NN SDK)
l Texas Instruments Incorporated (TDA4VM Processors, Edge AI Studio)
l IBM Corporation (IBM Watson IoT, IBM Maximo Visual Inspection)
l Cisco Systems, Inc. (Cisco Edge Intelligence, Cisco Kinetic)
l Siemens AG (MindSphere, Industrial Edge)
l Edge Impulse, Inc. (Edge Impulse Studio, EON Tuner)
l Rockwell Automation (FactoryTalk, Connected Services)
l Samsung Electronics (Samsung ARTIK, SmartThings Cloud)
l Fujitsu Limited (Fujitsu Edge AI, Fujitsu Human Centric AI Zinrai)
l SAP SE (SAP Leonardo, SAP Edge Services)
l Palo Alto Networks (Cortex XSOAR, Prisma Cloud)
l C3.ai (C3 AI Suite, C3 AI Ex Machina)
Suppliers in the Edge AI Software Market:
l Advantech Co., Ltd.
l FogHorn Systems
l Lantronix, Inc.
l Edge Impulse, Inc.
l Axiomtek Co., Ltd.
l Azion Technologies
l Samsara Inc.
l Octonion SA
l Imagimob AB
l Kontron AG
The Edge AI Software market is rapidly gaining traction as organizations increasingly seek to harness the power of artificial intelligence at the edge of their networks, where data is generated and processed. This approach minimizes latency and bandwidth usage, enabling real-time decision-making in applications ranging from autonomous vehicles and smart manufacturing to healthcare and smart cities.
In addition, the poll assesses key industries in North America, Japan and China, focused on product consumption. An examination of the Edge AI Software Market provides a reasonable estimate of market share, both in terms of value and volume. In order to estimate and compute the global market share, top-down and bottom-up approaches are utilized.
Research Approach
The information has been reviewed and confirmed using a number of sources, including all interruptions, percentages and divisions. SWOT analyses the market in depth, including capabilities, opportunities and threats, are used for the research. The Edge AI Software Market study additionally provides the relevant market share using an adequate research approach.
COVID-19 Impact Analysis
The COVID-19 outbreak had a significant impact on the Edge AI Software Market. Worldwide new developments have stopped and demand for the market dropped. The COVID-19 shutdown will benefit organizations by looking at a better market to increase efficiency.
Segmentation View
The Edge AI Software Market report is also evaluated and examined using a complete review of market revenue. This report covers the segmentation of markets, regional divisions, industry trends and market growth determinants as well as a detailed analysis of industry competitiveness. The research also provides a comprehensive analysis of world-leading firms that identifies various market priorities, including business profiles, supply amounts, product descriptions, significant raw materials and industry financial structure.
By Type:
l Simple Programmable Logic Devices
l Complex Programmable Logic Devices
By Product Type:
l 8 Bits
l 16 Bits
l 32 Bits
By Application:
l Telecommunication
l Automotive
l Consumer Electronics
l Healthcare
l Industrial
l Others
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Competitive Outlook
The study analyses in addition the newest evolution of the market and the importance of the supply chain in the sector. A complete examination of the profiles of the industry and a number of techniques were included in the study to develop a footprint in the global market. Edge AI Software Market research incorporates a range of statistical solutions to ensure that global business trends and dynamics are consistently and extensively assessed. Profiles of major suppliers include the market position, stock consumption, new products' debut and a comprehensive study of their plans.
Historical, existing and future business estimates used to analyses are the most essential elements of the world market in this study. A wide range of challenges and opportunities are discussed in the Edge AI Software Market research study. The report will prove to be authentic source of information to gain strong gold in the market.