Global Edge AI market cagr 25.00%

Edge AI Market

Edge AI Market Scope: Industry Analysis, Market

Size, Growth, Trends Till 2031

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Edge AI Market Size and Growth

The Edge AI market is experiencing significant growth due to increasing demand for real-time data processing and analysis. Market size is projected to reach $1.12 billion by 2025 with a CAGR of 25.9%. Key factors driving market growth include advancements in IoT technology and the need for efficient data processing at the edge.

Companies Covered

(Covid 19 Impact Covered)

◍ IBM

◍ Microsoft

◍ Intel

◍ Google

◍ TIBCO

◍ Cloudera

◍ Nutanix

◍ Foghorn Systems

◍ SWIM.AI

◍ Anagog

◍ Tact.ai

◍ Bragi

◍ XNOR.AI

◍ Octonion

◍ Veea Inc

◍ Imagimob

The competitive landscape of the Edge AI market includes companies like IBM, Microsoft, Intel, Google, TIBCO, Cloudera, Nutanix, Foghorn Systems, SWIM.AI, Anagog, Tact.ai, Bragi, XNOR.AI, Octonion, Veea Inc, Imagimob. These companies offer edge AI solutions for various industries, driving growth through innovation and expanding market reach.

- IBM: $77.15 billion in 2020

- Microsoft: $143.02 billion in 2020

- Intel: $77.87 billion in 2020

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Market Segmentation

By Application

◍ Automotive

◍ Consumer and Enterprise Robotics

◍ Drones

◍ Head-Mounted Displays

◍ Smart Speakers

◍ Mobile Phones

◍ PCs/Tablets

◍ Security Cameras

By Product

◍ Hardware

◍ Software

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Market Growth

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$ 59.66 Billion