Edge AI Hardware Market Size & CAGR (2023-2031)
The Edge AI Hardware Market is expected to register a CAGR of 10.2% from 2023 to 2031, with a market size expanding from US$ XX million in 2023 to US$ XX Million by 2031.
The report is segmented By Processors (CPU, GPU, FPGA, ASIC), Devices (Smartphones, Cameras, Robots, Wearables, Smart Speaker, and Other Devices), End-User Industry (Government, Consumer Electronics, Real Estate, Automotive, Transportation, Healthcare, Manufacturing). The global analysis is further broken-down at regional level and major countries. The report offers the value in USD for the above analysis and segments
Purpose of the ReportThe report Edge AI Hardware Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Edge AI Hardware Market Segmentation
Processors- CPU
- GPU
- FPGA
- ASIC
- Government
- Consumer Electronics
- Real Estate
- Automotive
- Transportation
- Healthcare
- Manufacturing
Strategic Insights
Edge AI Hardware Market Growth Drivers- Growing Demand for Real-Time Processing: One of the primary drivers of the Edge AI hardware market is the increasing demand for real-time data processing. As industries such as manufacturing, healthcare, and automotive adopt IoT devices and smart technologies, the need for immediate decision-making has become critical. Edge AI hardware enables data to be processed closer to the source, reducing latency and ensuring faster response times. This capability is essential for applications like autonomous vehicles, remote healthcare monitoring, and industrial automation, where timely actions can significantly impact outcomes. As a result, the demand for edge AI hardware is expected to grow substantially.
- Rising Data Privacy and Security Concerns: The growing awareness of data privacy and security issues is another significant driver for the Edge AI hardware market. As organizations collect vast amounts of sensitive data, concerns about data breaches and compliance with regulations such as GDPR have escalated. Edge AI hardware mitigates these risks by processing and analyzing data locally, minimizing the need to transmit sensitive information to centralized cloud servers. This localized approach not only enhances security but also helps organizations maintain compliance with data protection regulations. Consequently, businesses are increasingly adopting edge AI solutions to safeguard their data, driving market growth.
- Increased Adoption of 5G Technology: The rollout of 5G technology is a notable trend influencing the Edge AI hardware market. With its high-speed connectivity and low latency, 5G enhances the capabilities of edge devices, enabling them to process and transmit data more efficiently. This development is particularly beneficial for applications requiring real-time analytics, such as smart cities, autonomous vehicles, and augmented reality. As 5G networks become more widespread, we can expect a surge in the deployment of edge AI hardware, allowing for more advanced and interconnected applications.
- Shift Towards Energy-Efficient Solutions: There is a growing trend towards energy-efficient edge AI hardware as organizations seek to reduce operational costs and minimize their ecological footprint. With the increasing number of IoT devices being deployed, energy consumption has become a critical concern. Manufacturers are focusing on developing low-power AI chips and hardware solutions that can deliver high performance without consuming excessive energy. This trend not only addresses sustainability goals but also aligns with the broader push for greener technologies, making energy efficiency a key selling point in the edge AI hardware market.
- Development of Customized Solutions for Specific Industries: Another significant opportunity in the Edge AI hardware market lies in the development of customized solutions tailored to specific industries. Different sectors have unique requirements for processing power, data handling, and integration capabilities. By creating specialized edge AI hardware that addresses the needs of industries like healthcare, transportation, and manufacturing, companies can differentiate themselves in a competitive landscape. This approach not only enhances customer satisfaction but also positions businesses as leaders in niche markets, driving further adoption of edge AI technologies.
- Growing Number of Collaborations and Partnerships for Upscaling Innovation: The Edge AI hardware market offers substantial opportunities for collaboration and partnerships among technology providers, hardware manufacturers, and service integrators. By working together, these entities can combine their expertise to develop innovative solutions that push the boundaries of what edge AI can achieve. Collaborations can facilitate the creation of comprehensive ecosystems that integrate hardware, software, and services, leading to more effective deployments. This trend towards collaboration not only fosters innovation but also paves the way for accelerated growth in the Edge AI hardware market as companies leverage shared resources and knowledge.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Edge AI Hardware Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Edge AI Hardware Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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Frequently Asked Questions
The Edge AI Hardware Market is estimated to witness a CAGR of 10.2% from 2023 to 2031
Growing privacy & data security and need for real-time processing growth are the major factors driving the edge AI hardware market
Specialized AIcChips to play a significant role in the global edge AI hardware market in the coming years
The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request
Some of the customization options available based on the request are an additional 3-5 company profiles and country-specific analysis of 3-5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation# as our team would review the same and check the feasibility
1.INTRODUCTION
1.1.SCOPE OF THE STUDY
1.2.THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3.MARKET SEGMENTATION
1.3.1Edge AI Hardware Market - By Processors
1.3.2Edge AI Hardware Market - By Device
1.3.3Edge AI Hardware Market - By Power Consumption
1.3.4Edge AI Hardware Market - By Process
1.3.5Edge AI Hardware Market - By End user
1.3.6Edge AI Hardware Market - By Region
1.3.6.1By Country
2.KEY TAKEWAYS
3.RESEARCH METHODOLOGY
4.EDGE AI HARDWARE MARKET LANDSCAPE
4.1.OVERVIEW
4.2.PEST ANALYSIS
4.2.1North America - Pest Analysis
4.2.2Europe - Pest Analysis
4.2.3Asia-Pacific - Pest Analysis
4.2.4Middle East and Africa - Pest Analysis
4.2.5South and Central America - Pest Analysis
4.3.ECOSYSTEM ANALYSIS
4.4.EXPERT OPINIONS
5.EDGE AI HARDWARE MARKET - KEY MARKET DYNAMICS
5.1.KEY MARKET DRIVERS
5.2.KEY MARKET RESTRAINTS
5.3.KEY MARKET OPPORTUNITIES
5.4.FUTURE TRENDS
5.5.IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6.EDGE AI HARDWARE MARKET - GLOBAL MARKET ANALYSIS
6.1.EDGE AI HARDWARE - GLOBAL MARKET OVERVIEW
6.2.EDGE AI HARDWARE - GLOBAL MARKET AND FORECAST TO 2028
6.3.MARKET POSITIONING/MARKET SHARE
7.EDGE AI HARDWARE MARKET - REVENUE AND FORECASTS TO 2028 - PROCESSORS
7.1.OVERVIEW
7.2.PROCESSORS MARKET FORECASTS AND ANALYSIS
7.3.CENTRAL PROCESSING UNITS (CPU GRAPHIC)
7.3.1.Overview
7.3.2.Central processing units (CPU graphic) Market Forecast and Analysis
7.4.PROCESSING UNIT (GPU)
7.4.1.Overview
7.4.2.Processing unit (GPU) Market Forecast and Analysis
7.5.APPLICATION-SPECIFIC INTEGRATED CIRCUITS (ASICS)
7.5.1.Overview
7.5.2.Application-specific integrated circuits (ASICs) Market Forecast and Analysis
8.EDGE AI HARDWARE MARKET - REVENUE AND FORECASTS TO 2028 - DEVICE
8.1.OVERVIEW
8.2.DEVICE MARKET FORECASTS AND ANALYSIS
8.3.SMARTPHONES
8.3.1.Overview
8.3.2.Smartphones Market Forecast and Analysis
8.4.CAMERAS
8.4.1.Overview
8.4.2.Cameras Market Forecast and Analysis
8.5.ROBOTS
8.5.1.Overview
8.5.2.Robots Market Forecast and Analysis
8.6.WEARABLES
8.6.1.Overview
8.6.2.Wearables Market Forecast and Analysis
8.7.SMART SPEAKER
8.7.1.Overview
8.7.2.Smart Speaker Market Forecast and Analysis
8.8.AUTOMOTIVE
8.8.1.Overview
8.8.2.Automotive Market Forecast and Analysis
8.9.SMART MIRROR
8.9.1.Overview
8.9.2.Smart Mirror Market Forecast and Analysis
9.EDGE AI HARDWARE MARKET - REVENUE AND FORECASTS TO 2028 - POWER CONSUMPTION
9.1.OVERVIEW
9.2.POWER CONSUMPTION MARKET FORECASTS AND ANALYSIS
9.3.LESS THAN 1 W
9.3.1.Overview
9.3.2.Less Than 1 W Market Forecast and Analysis
9.4.1-3 W
9.4.1.Overview
9.4.2.1-3 W Market Forecast and Analysis
9.5.3-5 W
9.5.1.Overview
9.5.2.3-5 W Market Forecast and Analysis
9.6.5-10 W
9.6.1.Overview
9.6.2.5-10 W Market Forecast and Analysis
9.7.MORE THAN 10 W
9.7.1.Overview
9.7.2.More Than 10 W Market Forecast and Analysis
10.EDGE AI HARDWARE MARKET - REVENUE AND FORECASTS TO 2028 - PROCESS
10.1.OVERVIEW
10.2.PROCESS MARKET FORECASTS AND ANALYSIS
10.3.TRAINING
10.3.1.Overview
10.3.2.Training Market Forecast and Analysis
10.4.INFERENCE
10.4.1.Overview
10.4.2.Inference Market Forecast and Analysis
11.EDGE AI HARDWARE MARKET - REVENUE AND FORECASTS TO 2028 - END USER
11.1.OVERVIEW
11.2.END USER MARKET FORECASTS AND ANALYSIS
11.3.CONSUMER ELECTRONICS
11.3.1.Overview
11.3.2.Consumer electronics Market Forecast and Analysis
11.4.SMART HOME
11.4.1.Overview
11.4.2.Smart Home Market Forecast and Analysis
11.5.AUTOMOTIVE AND TRANSPORTATION
11.5.1.Overview
11.5.2.Automotive and Transportation Market Forecast and Analysis
11.6.GOVERNMENT
11.6.1.Overview
11.6.2.Government Market Forecast and Analysis
11.7.HEALTHCARE
11.7.1.Overview
11.7.2.Healthcare Market Forecast and Analysis
11.8.INDUSTRIAL
11.8.1.Overview
11.8.2.Industrial Market Forecast and Analysis
11.9.AEROSPACE AND DEFENSE
11.9.1.Overview
11.9.2.Aerospace and Defense Market Forecast and Analysis
11.10.CONSTRUCTION
11.10.1.Overview
11.10.2.Construction Market Forecast and Analysis
12.EDGE AI HARDWARE MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
12.1.NORTH AMERICA
12.1.1North America Edge AI Hardware Market Overview
12.1.2North America Edge AI Hardware Market Forecasts and Analysis
12.1.3North America Edge AI Hardware Market Forecasts and Analysis - By Processors
12.1.4North America Edge AI Hardware Market Forecasts and Analysis - By Device
12.1.5North America Edge AI Hardware Market Forecasts and Analysis - By Power Consumption
12.1.6North America Edge AI Hardware Market Forecasts and Analysis - By Process
12.1.7North America Edge AI Hardware Market Forecasts and Analysis - By End user
12.1.8North America Edge AI Hardware Market Forecasts and Analysis - By Countries
12.1.8.1United States Edge AI Hardware Market
12.1.8.1.1United States Edge AI Hardware Market by Processors
12.1.8.1.2United States Edge AI Hardware Market by Device
12.1.8.1.3United States Edge AI Hardware Market by Power Consumption
12.1.8.1.4United States Edge AI Hardware Market by Process
12.1.8.1.5United States Edge AI Hardware Market by End user
12.1.8.2Canada Edge AI Hardware Market
12.1.8.2.1Canada Edge AI Hardware Market by Processors
12.1.8.2.2Canada Edge AI Hardware Market by Device
12.1.8.2.3Canada Edge AI Hardware Market by Power Consumption
12.1.8.2.4Canada Edge AI Hardware Market by Process
12.1.8.2.5Canada Edge AI Hardware Market by End user
12.1.8.3Mexico Edge AI Hardware Market
12.1.8.3.1Mexico Edge AI Hardware Market by Processors
12.1.8.3.2Mexico Edge AI Hardware Market by Device
12.1.8.3.3Mexico Edge AI Hardware Market by Power Consumption
12.1.8.3.4Mexico Edge AI Hardware Market by Process
12.1.8.3.5Mexico Edge AI Hardware Market by End user
12.2.EUROPE
12.2.1Europe Edge AI Hardware Market Overview
12.2.2Europe Edge AI Hardware Market Forecasts and Analysis
12.2.3Europe Edge AI Hardware Market Forecasts and Analysis - By Processors
12.2.4Europe Edge AI Hardware Market Forecasts and Analysis - By Device
12.2.5Europe Edge AI Hardware Market Forecasts and Analysis - By Power Consumption
12.2.6Europe Edge AI Hardware Market Forecasts and Analysis - By Process
12.2.7Europe Edge AI Hardware Market Forecasts and Analysis - By End user
12.2.8Europe Edge AI Hardware Market Forecasts and Analysis - By Countries
12.2.8.1Germany Edge AI Hardware Market
12.2.8.1.1Germany Edge AI Hardware Market by Processors
12.2.8.1.2Germany Edge AI Hardware Market by Device
12.2.8.1.3Germany Edge AI Hardware Market by Power Consumption
12.2.8.1.4Germany Edge AI Hardware Market by Process
12.2.8.1.5Germany Edge AI Hardware Market by End user
12.2.8.2France Edge AI Hardware Market
12.2.8.2.1France Edge AI Hardware Market by Processors
12.2.8.2.2France Edge AI Hardware Market by Device
12.2.8.2.3France Edge AI Hardware Market by Power Consumption
12.2.8.2.4France Edge AI Hardware Market by Process
12.2.8.2.5France Edge AI Hardware Market by End user
12.2.8.3Italy Edge AI Hardware Market
12.2.8.3.1Italy Edge AI Hardware Market by Processors
12.2.8.3.2Italy Edge AI Hardware Market by Device
12.2.8.3.3Italy Edge AI Hardware Market by Power Consumption
12.2.8.3.4Italy Edge AI Hardware Market by Process
12.2.8.3.5Italy Edge AI Hardware Market by End user
12.2.8.4United Kingdom Edge AI Hardware Market
12.2.8.4.1United Kingdom Edge AI Hardware Market by Processors
12.2.8.4.2United Kingdom Edge AI Hardware Market by Device
12.2.8.4.3United Kingdom Edge AI Hardware Market by Power Consumption
12.2.8.4.4United Kingdom Edge AI Hardware Market by Process
12.2.8.4.5United Kingdom Edge AI Hardware Market by End user
12.2.8.5Russia Edge AI Hardware Market
12.2.8.5.1Russia Edge AI Hardware Market by Processors
12.2.8.5.2Russia Edge AI Hardware Market by Device
12.2.8.5.3Russia Edge AI Hardware Market by Power Consumption
12.2.8.5.4Russia Edge AI Hardware Market by Process
12.2.8.5.5Russia Edge AI Hardware Market by End user
12.2.8.6Rest of Europe Edge AI Hardware Market
12.2.8.6.1Rest of Europe Edge AI Hardware Market by Processors
12.2.8.6.2Rest of Europe Edge AI Hardware Market by Device
12.2.8.6.3Rest of Europe Edge AI Hardware Market by Power Consumption
12.2.8.6.4Rest of Europe Edge AI Hardware Market by Process
12.2.8.6.5Rest of Europe Edge AI Hardware Market by End user
12.3.ASIA-PACIFIC
12.3.1Asia-Pacific Edge AI Hardware Market Overview
12.3.2Asia-Pacific Edge AI Hardware Market Forecasts and Analysis
12.3.3Asia-Pacific Edge AI Hardware Market Forecasts and Analysis - By Processors
12.3.4Asia-Pacific Edge AI Hardware Market Forecasts and Analysis - By Device
12.3.5Asia-Pacific Edge AI Hardware Market Forecasts and Analysis - By Power Consumption
12.3.6Asia-Pacific Edge AI Hardware Market Forecasts and Analysis - By Process
12.3.7Asia-Pacific Edge AI Hardware Market Forecasts and Analysis - By End user
12.3.8Asia-Pacific Edge AI Hardware Market Forecasts and Analysis - By Countries
12.3.8.1Australia Edge AI Hardware Market
12.3.8.1.1Australia Edge AI Hardware Market by Processors
12.3.8.1.2Australia Edge AI Hardware Market by Device
12.3.8.1.3Australia Edge AI Hardware Market by Power Consumption
12.3.8.1.4Australia Edge AI Hardware Market by Process
12.3.8.1.5Australia Edge AI Hardware Market by End user
12.3.8.2China Edge AI Hardware Market
12.3.8.2.1China Edge AI Hardware Market by Processors
12.3.8.2.2China Edge AI Hardware Market by Device
12.3.8.2.3China Edge AI Hardware Market by Power Consumption
12.3.8.2.4China Edge AI Hardware Market by Process
12.3.8.2.5China Edge AI Hardware Market by End user
12.3.8.3India Edge AI Hardware Market
12.3.8.3.1India Edge AI Hardware Market by Processors
12.3.8.3.2India Edge AI Hardware Market by Device
12.3.8.3.3India Edge AI Hardware Market by Power Consumption
12.3.8.3.4India Edge AI Hardware Market by Process
12.3.8.3.5India Edge AI Hardware Market by End user
12.3.8.4Japan Edge AI Hardware Market
12.3.8.4.1Japan Edge AI Hardware Market by Processors
12.3.8.4.2Japan Edge AI Hardware Market by Device
12.3.8.4.3Japan Edge AI Hardware Market by Power Consumption
12.3.8.4.4Japan Edge AI Hardware Market by Process
12.3.8.4.5Japan Edge AI Hardware Market by End user
12.3.8.5South Korea Edge AI Hardware Market
12.3.8.5.1South Korea Edge AI Hardware Market by Processors
12.3.8.5.2South Korea Edge AI Hardware Market by Device
12.3.8.5.3South Korea Edge AI Hardware Market by Power Consumption
12.3.8.5.4South Korea Edge AI Hardware Market by Process
12.3.8.5.5South Korea Edge AI Hardware Market by End user
12.3.8.6Rest of Asia-Pacific Edge AI Hardware Market
12.3.8.6.1Rest of Asia-Pacific Edge AI Hardware Market by Processors
12.3.8.6.2Rest of Asia-Pacific Edge AI Hardware Market by Device
12.3.8.6.3Rest of Asia-Pacific Edge AI Hardware Market by Power Consumption
12.3.8.6.4Rest of Asia-Pacific Edge AI Hardware Market by Process
12.3.8.6.5Rest of Asia-Pacific Edge AI Hardware Market by End user
12.4.MIDDLE EAST AND AFRICA
12.4.1Middle East and Africa Edge AI Hardware Market Overview
12.4.2Middle East and Africa Edge AI Hardware Market Forecasts and Analysis
12.4.3Middle East and Africa Edge AI Hardware Market Forecasts and Analysis - By Processors
12.4.4Middle East and Africa Edge AI Hardware Market Forecasts and Analysis - By Device
12.4.5Middle East and Africa Edge AI Hardware Market Forecasts and Analysis - By Power Consumption
12.4.6Middle East and Africa Edge AI Hardware Market Forecasts and Analysis - By Process
12.4.7Middle East and Africa Edge AI Hardware Market Forecasts and Analysis - By End user
12.4.8Middle East and Africa Edge AI Hardware Market Forecasts and Analysis - By Countries
12.4.8.1South Africa Edge AI Hardware Market
12.4.8.1.1South Africa Edge AI Hardware Market by Processors
12.4.8.1.2South Africa Edge AI Hardware Market by Device
12.4.8.1.3South Africa Edge AI Hardware Market by Power Consumption
12.4.8.1.4South Africa Edge AI Hardware Market by Process
12.4.8.1.5South Africa Edge AI Hardware Market by End user
12.4.8.2Saudi Arabia Edge AI Hardware Market
12.4.8.2.1Saudi Arabia Edge AI Hardware Market by Processors
12.4.8.2.2Saudi Arabia Edge AI Hardware Market by Device
12.4.8.2.3Saudi Arabia Edge AI Hardware Market by Power Consumption
12.4.8.2.4Saudi Arabia Edge AI Hardware Market by Process
12.4.8.2.5Saudi Arabia Edge AI Hardware Market by End user
12.4.8.3U.A.E Edge AI Hardware Market
12.4.8.3.1U.A.E Edge AI Hardware Market by Processors
12.4.8.3.2U.A.E Edge AI Hardware Market by Device
12.4.8.3.3U.A.E Edge AI Hardware Market by Power Consumption
12.4.8.3.4U.A.E Edge AI Hardware Market by Process
12.4.8.3.5U.A.E Edge AI Hardware Market by End user
12.4.8.4Rest of Middle East and Africa Edge AI Hardware Market
12.4.8.4.1Rest of Middle East and Africa Edge AI Hardware Market by Processors
12.4.8.4.2Rest of Middle East and Africa Edge AI Hardware Market by Device
12.4.8.4.3Rest of Middle East and Africa Edge AI Hardware Market by Power Consumption
12.4.8.4.4Rest of Middle East and Africa Edge AI Hardware Market by Process
12.4.8.4.5Rest of Middle East and Africa Edge AI Hardware Market by End user
12.5.SOUTH AND CENTRAL AMERICA
12.5.1South and Central America Edge AI Hardware Market Overview
12.5.2South and Central America Edge AI Hardware Market Forecasts and Analysis
12.5.3South and Central America Edge AI Hardware Market Forecasts and Analysis - By Processors
12.5.4South and Central America Edge AI Hardware Market Forecasts and Analysis - By Device
12.5.5South and Central America Edge AI Hardware Market Forecasts and Analysis - By Power Consumption
12.5.6South and Central America Edge AI Hardware Market Forecasts and Analysis - By Process
12.5.7South and Central America Edge AI Hardware Market Forecasts and Analysis - By End user
12.5.8South and Central America Edge AI Hardware Market Forecasts and Analysis - By Countries
12.5.8.1Brazil Edge AI Hardware Market
12.5.8.1.1Brazil Edge AI Hardware Market by Processors
12.5.8.1.2Brazil Edge AI Hardware Market by Device
12.5.8.1.3Brazil Edge AI Hardware Market by Power Consumption
12.5.8.1.4Brazil Edge AI Hardware Market by Process
12.5.8.1.5Brazil Edge AI Hardware Market by End user
12.5.8.2Argentina Edge AI Hardware Market
12.5.8.2.1Argentina Edge AI Hardware Market by Processors
12.5.8.2.2Argentina Edge AI Hardware Market by Device
12.5.8.2.3Argentina Edge AI Hardware Market by Power Consumption
12.5.8.2.4Argentina Edge AI Hardware Market by Process
12.5.8.2.5Argentina Edge AI Hardware Market by End user
12.5.8.3Rest of South and Central America Edge AI Hardware Market
12.5.8.3.1Rest of South and Central America Edge AI Hardware Market by Processors
12.5.8.3.2Rest of South and Central America Edge AI Hardware Market by Device
12.5.8.3.3Rest of South and Central America Edge AI Hardware Market by Power Consumption
12.5.8.3.4Rest of South and Central America Edge AI Hardware Market by Process
12.5.8.3.5Rest of South and Central America Edge AI Hardware Market by End user
13.INDUSTRY LANDSCAPE
13.1.MERGERS AND ACQUISITIONS
13.2.AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
13.3.NEW PRODUCT LAUNCHES
13.4.EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
14.EDGE AI HARDWARE MARKET, KEY COMPANY PROFILES
14.1.ADAPTEVA, INC.
14.1.1.Key Facts
14.1.2.Business Description
14.1.3.Products and Services
14.1.4.Financial Overview
14.1.5.SWOT Analysis
14.1.6.Key Developments
14.2.APPLE INC.
14.2.1.Key Facts
14.2.2.Business Description
14.2.3.Products and Services
14.2.4.Financial Overview
14.2.5.SWOT Analysis
14.2.6.Key Developments
14.3.APPLIED BRAIN RESEARCH, INC.
14.3.1.Key Facts
14.3.2.Business Description
14.3.3.Products and Services
14.3.4.Financial Overview
14.3.5.SWOT Analysis
14.3.6.Key Developments
14.4.ARM LIMITED
14.4.1.Key Facts
14.4.2.Business Description
14.4.3.Products and Services
14.4.4.Financial Overview
14.4.5.SWOT Analysis
14.4.6.Key Developments
14.5.GENERAL VISION
14.5.1.Key Facts
14.5.2.Business Description
14.5.3.Products and Services
14.5.4.Financial Overview
14.5.5.SWOT Analysis
14.5.6.Key Developments
14.6.HORIZON ROBOTICS
14.6.1.Key Facts
14.6.2.Business Description
14.6.3.Products and Services
14.6.4.Financial Overview
14.6.5.SWOT Analysis
14.6.6.Key Developments
14.7.MEDIATEK INC.
14.7.1.Key Facts
14.7.2.Business Description
14.7.3.Products and Services
14.7.4.Financial Overview
14.7.5.SWOT Analysis
14.7.6.Key Developments
14.8.QUALCOMM TECHNOLOGIES, INC.
14.8.1.Key Facts
14.8.2.Business Description
14.8.3.Products and Services
14.8.4.Financial Overview
14.8.5.SWOT Analysis
14.8.6.Key Developments
14.9.SECURERF CORPORATION
14.9.1.Key Facts
14.9.2.Business Description
14.9.3.Products and Services
14.9.4.Financial Overview
14.9.5.SWOT Analysis
14.9.6.Key Developments
14.10.SYNOPSYS, INC.
14.10.1.Key Facts
14.10.2.Business Description
14.10.3.Products and Services
14.10.4.Financial Overview
14.10.5.SWOT Analysis
14.10.6.Key Developments
15.APPENDIX
15.1.ABOUT THE INSIGHT PARTNERS
15.2.GLOSSARY OF TERMS
1. Adapteva, Inc.
2. Apple Inc.
3. Applied Brain Research, Inc.
4. Arm Limited
5. General Vision
6. Horizon Robotics
7. MediaTek Inc.
8. Qualcomm Technologies, Inc.
9. SecureRF Corporation
10. Synopsys, Inc.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.