MARKET OVERVIEW
Edge AI refers to running AI algorithms locally on edge devices, near the data source, rather than in the cloud—enabling faster processing, reduced latency, and better privacy.
MARKET SIZE & GROWTH
• The global AI on EDGE Semiconductor Market was valued at $2,964 million in 2024.
• It is projected to reach $9,151 million by 2031.
• The market is expected to grow at a CAGR of 17.9% during the forecast period.