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 rapidly expanding, driven by increasing demand for realtime data processing and IoT integration. In 2023, the market size is estimated to reach approximately $2 billion, with a projected CAGR of over 25% through 2030, reflecting strong growth opportunities amidst evolving technological landscapes.
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Companies Covered
(Covid 19 Impact Covered)
◍ IBM
◍ Microsoft
◍ Intel
◍ TIBCO
◍ Cloudera
◍ Nutanix
◍ Foghorn Systems
◍ SWIM.AI
◍ Anagog
◍ Tact.ai
◍ Bragi
◍ XNOR.AI
◍ Octonion
◍ Veea Inc
◍ Imagimob
The Edge AI market features key players like IBM, Microsoft, Intel, and Google, enhancing localized data processing efficiency. Companies such as TIBCO and Cloudera provide analytics solutions, while startups like Foghorn Systems and SWIM.AI innovate with specialized applications. Together, they drive growth through innovation and strategic partnerships. Sales revenues include:
- IBM: $57 billion
- Microsoft: $168 billion
- Intel: $79 billion
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Market Segmentation
By Application
◍ Automotive
◍ Consumer and Enterprise Robotics
◍ Drones
◍ Head-Mounted Displays
◍ Smart Speakers
◍ Mobile Phones
◍ PCs/Tablets
◍ Security Cameras
By Product
◍ Hardware
◍ Software
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Market Growth
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$ 59.66 Billion
