Edge AI Market (Component: Hardware and Software; and Industry Vertical: Manufacturing, Automotive, Energy & Utility, Healthcare, Retail, Transportation, Smart Homes & Cities, and Others) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2023-2031
Report Highlights
Edge AI Market – Scope of Report
TMR’s report on the global edge AI market studies the past as well as the current growth trends and opportunities to gain valuable insights of the indicators of the market during the forecast period from 2023 to 2031. The report provides revenue of the global edge AI market for the period 2017–2031, considering 2023 as the base year and 2031 as the forecast year. The report also provides the compound annual growth rate (CAGR %) of the global edge AI market from 2023 to 2031.
The report has been prepared after an extensive research. Primary research involved bulk of the research efforts, wherein analysts carried out interviews with key opinion leaders, industry leaders, and opinion makers. Secondary research involved referring to key players’ product literature, annual reports, press releases, and relevant documents to understand the edge AI market.
Secondary research also included Internet sources, statistical data from government agencies, websites, and trade associations. Analysts employed a combination of top-down and bottom-up approaches to study various attributes of the global edge AI market.
The report includes an elaborate executive summary, along with a snapshot of the growth behavior of various segments included in the scope of the study. Moreover, the report throws light on the changing competitive dynamics in the global edge AI market. These serve as valuable tools for existing market players as well as for entities interested in participating in the global edge AI market.
The report delves into the competitive landscape of the global edge AI market. Key players operating in the global edge AI market have been identified and each one of these has been profiled in terms of various attributes. Company overview, financial standings, recent developments, and SWOT are the attributes of players in the global edge AI market profiled in this report.
Key Questions Answered in Global Edge AI Market Report
- What is the sales/revenue generated by edge AI across all regions during the forecast period?
- What are the opportunities in the global edge AI market?
- What are the major drivers, restraints, opportunities, and threats in the market?
- Which regional market is set to expand at the fastest CAGR during the forecast period?
- Which segment is expected to generate the highest revenue globally in 2031?
- Which segment is projected to expand at the highest CAGR during the forecast period?
- What are the market positions of different companies operating in the global market?
Report Synopsis
| Report Metrics | Details |
| Base year considered | 2023 |
| Forecast period considered | 2023-2031 |
| Units considered | $ Billion |
| Segments covered | By Component, By Industry Vertical, By Region |
| Industry covered | IT & Telecom |
| Countries covered | North America, Europe, Asia Pacific, Middle East & Africa, South America |
| Companies studied |
|
Edge AI Market – Research Objectives and Research Approach
The comprehensive report on the global edge AI market begins with an overview, followed by the scope and objectives of the study. The report provides detailed explanation of the objectives behind this study and key vendors and distributors operating in the market and regulatory scenario for approval of products.
For reading comprehensibility, the report has been compiled in a chapter-wise layout, with each section divided into smaller ones. The report comprises an exhaustive collection of graphs and tables that are appropriately interspersed. Pictorial representation of actual and projected values of key segments is visually appealing to readers. This also allows comparison of the market shares of key segments in the past and at the end of the forecast period.
The report analyzes the global edge AI market in terms of product, end-user, and region. Key segments under each criterion have been studied at length, and the market share for each of these at the end of 2031 has been provided. Such valuable insights enable market stakeholders in making informed business decisions for investment in the global edge AI market.
- Table 1 : Acronyms Used in Edge AI Market
- Table 2 : North America Edge AI Market Revenue Analysis, by Country, 2023 and 2031 (US$ Bn)
- Table 3 : Europe Edge AI Market Revenue Analysis, by Country, 2023 and 2031 (US$ Bn)
- Table 4 : Asia Pacific Edge AI Market Revenue Analysis, by Country, 2023 and 2031 (US$ Bn)
- Table 5 : Middle East & Africa Edge AI Market Revenue Analysis, by Country, 2023 and 2031 (US$ Bn)
- Table 6 : South America Edge AI Market Revenue Analysis, by Country, 2023 and 2031 (US$ Bn)
- Table 7 : Forecast Factors: Relevance and Impact
- Table 8 : Impact Analysis of Drivers & Restraints
- Table 9 : Global Edge AI Market Value (US$ Bn) Forecast, by Component, 2018 – 2031
- Table 10 : Global Edge AI Market Value (US$ Bn) Forecast, by Industry Vertical, 2018 – 2031
- Table 11 : Global Edge AI Market Value (US$ Bn) Forecast, by Region, 2018 - 2031
- Table 12 : North America Edge AI Market Value (US$ Bn) Forecast, by Component, 2018 – 2031
- Table 13 : North America Edge AI Market Value (US$ Bn) Forecast, by Industry Vertical, 2018 – 2031
- Table 14 : North America Edge AI Market Value (US$ Bn) Forecast, by Country, 2018 - 2031
- Table 15 : U.S. Edge AI Market Revenue CAGR Breakdown (%), by Growth Term
- Table 16 : Canada Edge AI Market Revenue CAGR Breakdown (%), by Growth Term
- Table 17 : Mexico Edge AI Market Revenue CAGR Breakdown (%), by Growth Term
- Table 18 : Europe Edge AI Market Value (US$ Bn) Forecast, by Component, 2018 – 2031
- Table 19 : Europe Edge AI Market Value (US$ Bn) Forecast, by Industry Vertical, 2018 – 2031
- Table 20 : Europe Edge AI Market Value (US$ Bn) Forecast, by Country, 2018 - 2031
- Table 21 : Germany Edge AI Market Revenue CAGR Breakdown (%), by Growth Term
- Table 22 : U.K. Edge AI Market Revenue CAGR Breakdown (%), by Growth Term
- Table 23 : France Edge AI Market Revenue CAGR Breakdown (%), by Growth Term
- Table 24 : Spain Edge AI Market Revenue CAGR Breakdown (%), by Growth Term
- Table 25 : Italy Edge AI Market Revenue CAGR Breakdown (%), by Growth Term
- Table 26 : Asia Pacific Edge AI Market Value (US$ Bn) Forecast, by Component, 2018 – 2031
- Table 27 : Asia Pacific Edge AI Market Value (US$ Bn) Forecast, by Industry Vertical, 2018 – 2031
- Table 28 : Asia Pacific Edge AI Market Value (US$ Bn) Forecast, by Country, 2018 - 2031
- Table 29 : China Edge AI Market Revenue CAGR Breakdown (%), by Growth Term
- Table 30 : India Edge AI Market Revenue CAGR Breakdown (%), by Growth Term
- Table 31 : Japan Edge AI Market Revenue CAGR Breakdown (%), by Growth Term
- Table 32 : ASEAN Edge AI Market Revenue CAGR Breakdown (%), by Growth Term
- Table 33 : Middle East & Africa Edge AI Market Value (US$ Bn) Forecast, by Component, 2018 – 2031
- Table 34 : Middle East & Africa Edge AI Market Value (US$ Bn) Forecast, by Industry Vertical, 2018 – 2031
- Table 35 : Middle East & Africa Edge AI Market Value (US$ Bn) Forecast, by Country, 2018 - 2031
- Table 36 : Saudi Arabia Edge AI Market Revenue CAGR Breakdown (%), by Growth Term
- Table 37 : United Arab Emirates Edge AI Market Revenue CAGR Breakdown (%), by Growth Term
- Table 38 : South Africa Edge AI Market Revenue CAGR Breakdown (%), by Growth Term
- Table 39 : South America Edge AI Market Value (US$ Bn) Forecast, by Component, 2018 – 2031
- Table 40 : South America Edge AI Market Value (US$ Bn) Forecast, by Industry Vertical, 2018 – 2031
- Table 41 : South America Edge AI Market Value (US$ Bn) Forecast, by Country, 2018 - 2031
- Table 42 : Brazil Edge AI Market Revenue CAGR Breakdown (%), by Growth Term
- Table 43 : Argentina Edge AI Market Revenue CAGR Breakdown (%), by Growth Term
- Table 44 : Mergers & Acquisitions, Partnerships (1/2)
- Table 45 : Mergers & Acquisitions, Partnerships (2/2)
- Figure 1 : Global Edge AI Market Size (US$ Bn) Forecast, 2018–2031
- Figure 2 : Global Edge AI Market Revenue (US$ Bn) Opportunity Assessment, by Region, 2023E
- Figure 3 : Top Segment Analysis of Edge AI Market
- Figure 4 : Global Edge AI Market Revenue (US$ Bn) Opportunity Assessment, by Region, 2031F
- Figure 5 : Global Edge AI Market Attractiveness Assessment, by Component
- Figure 6 : Global Edge AI Market Attractiveness Assessment, by Industry Vertical
- Figure 7 : Global Edge AI Market Attractiveness Assessment, by Region
- Figure 8 : Global Edge AI Market Revenue (US$ Bn) Historic Trends, 2018 - 2021
- Figure 9 : Global Edge AI Market Revenue Opportunity (US$ Bn) Historic Trends, 2018 - 2021
- Figure 10 : Global Edge AI Market Value Share Analysis, by Component, 2023
- Figure 11 : Global Edge AI Market Value Share Analysis, by Component, 2031
- Figure 12 : Global Edge AI Market Absolute Opportunity (US$ Bn), by Hardware, 2023 – 2031
- Figure 13 : Global Edge AI Market Absolute Opportunity (US$ Bn), by Software, 2023 – 2031
- Figure 14 : Global Edge AI Market Value Share Analysis, by Industry Vertical, 2023
- Figure 15 : Global Edge AI Market Value Share Analysis, by Industry Vertical, 2031
- Figure 16 : Global Edge AI Market Absolute Opportunity (US$ Bn), by Manufacturing, 2023 – 2031
- Figure 17 : Global Edge AI Market Absolute Opportunity (US$ Bn), by Automotive, 2023 – 2031
- Figure 18 : Global Edge AI Market Absolute Opportunity (US$ Bn), by Energy & Utility, 2023 – 2031
- Figure 19 : Global Edge AI Market Absolute Opportunity (US$ Bn), by Healthcare, 2023 – 2031
- Figure 20 : Global Edge AI Market Absolute Opportunity (US$ Bn), by Retail, 2023 – 2031
- Figure 21 : Global Edge AI Market Absolute Opportunity (US$ Bn), by Transportation, 2023 – 2031
- Figure 22 : Global Edge AI Market Absolute Opportunity (US$ Bn), by Smart Homes & Cities, 2023 – 2031
- Figure 23 : Global Edge AI Market Absolute Opportunity (US$ Bn), by Others, 2023 – 2031
- Figure 24 : Global Edge AI Market Opportunity (US$ Bn), by Region
- Figure 25 : Global Edge AI Market Opportunity Share (%), by Region, 2023–2031
- Figure 26 : Global Edge AI Market Size (US$ Bn), by Region, 2023 & 2031
- Figure 27 : Global Edge AI Market Value Share Analysis, by Region, 2023
- Figure 28 : Global Edge AI Market Value Share Analysis, by Region, 2031
- Figure 29 : North America Edge AI Market Absolute Opportunity (US$ Bn), 2023 – 2031
- Figure 30 : Europe Edge AI Market Absolute Opportunity (US$ Bn), 2023 – 2031
- Figure 31 : Asia Pacific Edge AI Market Absolute Opportunity (US$ Bn), 2023 – 2031
- Figure 32 : Middle East & Africa Edge AI Market Absolute Opportunity (US$ Bn), 2023 – 2031
- Figure 33 : South America Edge AI Market Absolute Opportunity (US$ Bn), 2023 – 2031
- Figure 34 : North America Edge AI Market Absolute Dollar Opportunity
- Figure 35 : North America Edge AI Market Value Share Analysis, by Component, 2023
- Figure 36 : North America Edge AI Market Value Share Analysis, by Component, 2031
- Figure 37 : North America Edge AI Market Absolute Opportunity (US$ Bn), by Hardware, 2023 – 2031
- Figure 38 : North America Edge AI Market Absolute Opportunity (US$ Bn), by Software, 2023 – 2031
- Figure 39 : North America Edge AI Market Value Share Analysis, by Industry Vertical, 2023
- Figure 40 : North America Edge AI Market Value Share Analysis, by Industry Vertical, 2031
- Figure 41 : North America Edge AI Market Absolute Opportunity (US$ Bn), by Manufacturing, 2023 – 2031
- Figure 42 : North America Edge AI Market Absolute Opportunity (US$ Bn), by Automotive, 2023 – 2031
- Figure 43 : North America Edge AI Market Absolute Opportunity (US$ Bn), by Energy & Utility, 2023 – 2031
- Figure 44 : North America Edge AI Market Absolute Opportunity (US$ Bn), by Healthcare, 2023 – 2031
- Figure 45 : North America Edge AI Market Absolute Opportunity (US$ Bn), by Retail, 2023 – 2031
- Figure 46 : North America Edge AI Market Absolute Opportunity (US$ Bn), by Transportation, 2023 – 2031
- Figure 47 : North America Edge AI Market Absolute Opportunity (US$ Bn), by Smart Homes & Cities, 2023 – 2031
- Figure 48 : North America Edge AI Market Absolute Opportunity (US$ Bn), by Others, 2023 – 2031
- Figure 49 : North America Edge AI Market Value Share Analysis, by Country, 2023
- Figure 50 : North America Edge AI Market Value Share Analysis, by Country, 2031
- Figure 51 : U.S. Edge AI Market Opportunity Growth Analysis (US$ Bn) Forecast, 2023 – 2031
- Figure 52 : Canada Edge AI Market Opportunity Growth Analysis (US$ Bn) Forecast, 2023 – 2031
- Figure 53 : Mexico Edge AI Market Opportunity Growth Analysis (US$ Bn) Forecast, 2023 – 2031
- Figure 54 : Europe Edge AI Market Absolute Dollar Opportunity
- Figure 55 : Europe Edge AI Market Value Share Analysis, by Component, 2023
- Figure 56 : Europe Edge AI Market Value Share Analysis, by Component, 2031
- Figure 57 : Europe Edge AI Market Absolute Opportunity (US$ Bn), by Hardware, 2023 – 2031
- Figure 58 : Europe Edge AI Market Absolute Opportunity (US$ Bn), by Software, 2023 – 2031
- Figure 59 : Europe Edge AI Market Value Share Analysis, by Industry Vertical, 2023
- Figure 60 : Europe Edge AI Market Value Share Analysis, by Industry Vertical, 2031
- Figure 61 : Europe Edge AI Market Absolute Opportunity (US$ Bn), by Manufacturing, 2023 – 2031
- Figure 62 : Europe Edge AI Market Absolute Opportunity (US$ Bn), by Automotive, 2023 – 2031
- Figure 63 : Europe Edge AI Market Absolute Opportunity (US$ Bn), by Energy & Utility, 2023 – 2031
- Figure 64 : Europe Edge AI Market Absolute Opportunity (US$ Bn), by Healthcare, 2023 – 2031
- Figure 65 : Europe Edge AI Market Absolute Opportunity (US$ Bn), by Retail, 2023 – 2031
- Figure 66 : Europe Edge AI Market Absolute Opportunity (US$ Bn), by Transportation, 2023 – 2031
- Figure 67 : Europe Edge AI Market Absolute Opportunity (US$ Bn), by Smart Homes & Cities, 2023 – 2031
- Figure 68 : Europe Edge AI Market Absolute Opportunity (US$ Bn), by Others, 2023 – 2031
- Figure 69 : Europe Edge AI Market Value Share Analysis, by Country, 2023
- Figure 70 : Europe Edge AI Market Value Share Analysis, by Country, 2031
- Figure 71 : Germany Edge AI Market Opportunity Growth Analysis (US$ Bn) Forecast, 2023 – 2031
- Figure 72 : U.K. Edge AI Market Opportunity Growth Analysis (US$ Bn) Forecast, 2023 – 2031
- Figure 73 : France Edge AI Market Opportunity Growth Analysis (US$ Bn) Forecast, 2023 – 2031
- Figure 74 : Spain Edge AI Market Opportunity Growth Analysis (US$ Bn) Forecast, 2023 – 2031
- Figure 75 : Italy Edge AI Market Opportunity Growth Analysis (US$ Bn) Forecast, 2023 – 2031
- Figure 76 : Asia Pacific Edge AI Market Absolute Dollar Opportunity
- Figure 77 : Asia Pacific Edge AI Market Value Share Analysis, by Component, 2023
- Figure 78 : Asia Pacific Edge AI Market Value Share Analysis, by Component, 2031
- Figure 79 : Asia Pacific Edge AI Market Absolute Opportunity (US$ Bn), by Hardware, 2023 – 2031
- Figure 80 : Asia Pacific Edge AI Market Absolute Opportunity (US$ Bn), by Software, 2023 – 2031
- Figure 81 : Asia Pacific Edge AI Market Value Share Analysis, by Industry Vertical, 2023
- Figure 82 : Asia Pacific Edge AI Market Value Share Analysis, by Industry Vertical, 2031
- Figure 83 : Asia Pacific Edge AI Market Absolute Opportunity (US$ Bn), by Manufacturing, 2023 – 2031
- Figure 84 : Asia Pacific Edge AI Market Absolute Opportunity (US$ Bn), by Automotive, 2023 – 2031
- Figure 85 : Asia Pacific Edge AI Market Absolute Opportunity (US$ Bn), by Energy & Utility, 2023 – 2031
- Figure 86 : Asia Pacific Edge AI Market Absolute Opportunity (US$ Bn), by Healthcare, 2023 – 2031
- Figure 87 : Asia Pacific Edge AI Market Absolute Opportunity (US$ Bn), by Retail, 2023 – 2031
- Figure 88 : Asia Pacific Edge AI Market Absolute Opportunity (US$ Bn), by Transportation, 2023 – 2031
- Figure 89 : Asia Pacific Edge AI Market Absolute Opportunity (US$ Bn), by Smart Homes & Cities, 2023 – 2031
- Figure 90 : Asia Pacific Edge AI Market Absolute Opportunity (US$ Bn), by Others, 2023 – 2031
- Figure 91 : Asia Pacific Edge AI Market Value Share Analysis, by Country, 2023
- Figure 92 : Asia Pacific Edge AI Market Value Share Analysis, by Country, 2031
- Figure 93 : China Edge AI Market Opportunity Growth Analysis (US$ Bn) Forecast, 2023 – 2031
- Figure 94 : India Edge AI Market Opportunity Growth Analysis (US$ Bn) Forecast, 2023 – 2031
- Figure 95 : Japan Edge AI Market Opportunity Growth Analysis (US$ Bn) Forecast, 2023 – 2031
- Figure 96 : ASEAN Edge AI Market Opportunity Growth Analysis (US$ Bn) Forecast, 2023 – 2031
- Figure 97 : Middle East & Africa Edge AI Market Absolute Dollar Opportunity
- Figure 98 : Middle East & Africa Edge AI Market Value Share Analysis, by Component, 2023
- Figure 99 : Middle East & Africa Edge AI Market Value Share Analysis, by Component, 2031
- Figure 100 : Middle East & Africa Edge AI Market Absolute Opportunity (US$ Bn), by Hardware, 2023 – 2031
- Figure 101 : Middle East & Africa Edge AI Market Absolute Opportunity (US$ Bn), by Software, 2023 – 2031
- Figure 102 : Middle East & Africa Edge AI Market Value Share Analysis, by Industry Vertical, 2023
- Figure 103 : Middle East & Africa Edge AI Market Value Share Analysis, by Industry Vertical, 2031
- Figure 104 : Middle East & Africa Edge AI Market Absolute Opportunity (US$ Bn), by Manufacturing, 2023 – 2031
- Figure 105 : Middle East & Africa Edge AI Market Absolute Opportunity (US$ Bn), by Automotive, 2023 – 2031
- Figure 106 : Middle East & Africa Edge AI Market Absolute Opportunity (US$ Bn), by Energy & Utility, 2023 – 2031
- Figure 107 : Middle East & Africa Edge AI Market Absolute Opportunity (US$ Bn), by Healthcare, 2023 – 2031
- Figure 108 : Middle East & Africa Edge AI Market Absolute Opportunity (US$ Bn), by Retail, 2023 – 2031
- Figure 109 : Middle East & Africa Edge AI Market Absolute Opportunity (US$ Bn), by Transportation, 2023 – 2031
- Figure 110 : Middle East & Africa Edge AI Market Absolute Opportunity (US$ Bn), by Smart Homes & Cities, 2023 – 2031
- Figure 111 : Middle East & Africa Edge AI Market Absolute Opportunity (US$ Bn), by Others, 2023 – 2031
- Figure 112 : Middle East & Africa Edge AI Market Value Share Analysis, by Country, 2023
- Figure 113 : Middle East & Africa Edge AI Market Value Share Analysis, by Country, 2031
- Figure 114 : Saudi Arabia Edge AI Market Opportunity Growth Analysis (US$ Bn) Forecast, 2023 – 2031
- Figure 115 : United Arab Emirates Edge AI Market Opportunity Growth Analysis (US$ Bn) Forecast, 2023 – 2031
- Figure 116 : South Africa Edge AI Market Opportunity Growth Analysis (US$ Bn) Forecast, 2023 – 2031
- Figure 117 : South America Edge AI Market Absolute Dollar Opportunity
- Figure 118 : South America Edge AI Market Value Share Analysis, by Component, 2023
- Figure 119 : South America Edge AI Market Value Share Analysis, by Component, 2031
- Figure 120 : South America Edge AI Market Absolute Opportunity (US$ Bn), by Hardware, 2023 – 2031
- Figure 121 : South America Edge AI Market Absolute Opportunity (US$ Bn), by Software, 2023 – 2031
- Figure 122 : South America Edge AI Market Value Share Analysis, by Industry Vertical, 2023
- Figure 123 : South America Edge AI Market Value Share Analysis, by Industry Vertical, 2031
- Figure 124 : South America Edge AI Market Absolute Opportunity (US$ Bn), by Manufacturing, 2023 – 2031
- Figure 125 : South America Edge AI Market Absolute Opportunity (US$ Bn), by Automotive, 2023 – 2031
- Figure 126 : South America Edge AI Market Absolute Opportunity (US$ Bn), by Energy & Utility, 2023 – 2031
- Figure 127 : South America Edge AI Market Absolute Opportunity (US$ Bn), by Healthcare, 2023 – 2031
- Figure 128 : South America Edge AI Market Absolute Opportunity (US$ Bn), by Retail, 2023 – 2031
- Figure 129 : South America Edge AI Market Absolute Opportunity (US$ Bn), by Transportation, 2023 – 2031
- Figure 130 : South America Edge AI Market Absolute Opportunity (US$ Bn), by Smart Homes & Cities, 2023 – 2031
- Figure 131 : South America Edge AI Market Absolute Opportunity (US$ Bn), by Others, 2023 – 2031
- Figure 132 : South America Edge AI Market Value Share Analysis, by Country, 2023
- Figure 133 : South America Edge AI Market Value Share Analysis, by Country, 2031
- Figure 134 : Brazil Edge AI Market Opportunity Growth Analysis (US$ Bn) Forecast, 2023 – 2031
- Figure 135 : Argentina Edge AI Market Opportunity Growth Analysis (US$ Bn) Forecast, 2023 – 2031
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