Edge AI hardware Market Overview, Competitive Strategies and Forecasts 2027

Edge AI hardware Market Overview

The latest market study Edge AI hardware market blends in qualitative and quantitative research techniques to present vital data on the competitive landscape for the period of 2027.This research allows the business owners/individuals/ stakeholders to collect decisive information about market segmentation based on product category, usage and sale volume across the various geographical regions. Business stakeholders can prepare effective expansion plan by using the statistics on market share, size and the growth rate discussed in the report, for the forecast period of 2027.Unmatched information on past, present and upcoming Edge AI hardware market market trends covered in the study offer lucidity on the future projection of the industry.

Market Top Manufacturers:

The key players profiled in the edge AI hardware market are – Intel Corporation (US), Samsung Electronics Co., Ltd. (South Korea), Google Inc. (US), NVIDIA Corporation (US), Qualcomm (US), MediaTek Inc. (Taiwan), Xilinx Inc. (US), and Microsoft Corporation (US). These players contribute a major share in the growth of edge AI hardware market. The other prominent companies in the edge AI hardware market include Huawei Technologies Co., Ltd. (China), Imagination Technologies Limited (UK), and Cambricon Technologies (China) among others.

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Regional Assessment

The global business regional analysis was conducted in four major regions including Asia Pacific, North America, Europe and the rest of the world. The European region will dominate the market for Edge AI hardware due to Growing demand for natural gas for generating power and heating spaces. The region needs better transport facilities for gas as the current physical pipelines have become outdated and require high maintenance and upgrade costs. Asia-Pacific is the fastest growing region, since the region's developing nations are the net importers of natural gas. China itself was the largest consumer of natural gas in 2017, with industrialization and urbanization projects expected to increase consumption. The region's emerging markets, such as Indonesia and Pakistan, are also experiencing high demand for natural gas, which brings opportunities for Edge AI hardware in Asia Pacific.

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Segmentation

The global Industry segmented into Edge AI hardware Market Size, type, component, voltage, application and region. By type the segment is further classified into skid mounted and mobile Edge AI hardware. By component, the segment is further classified into switchgear, bus bar, HVAC systems, transformer, frequency drives, monitoring and control systems and others. By voltage, the segment, is further classified into low voltage and medium voltage Edge AI hardware. Edge AI hardwares are used in various industries such as oil and gas, mining, transportation, and power utilities.

Key Findings

In October 2018, ABB, technology leader and manufactures robotics, power and heavy electrical equipment, won a contract of worth USD 45 million to construct a substation in Dubai which helps in boosting distribution capacity.

In April 2018, Zest WEG Group, is expanded their Edge AI hardwares business in Africa to meet the increase in demand from industries.

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Covid 19 Analysis

Due to a rise in phishing activities, COVID-19 has substantially increased the adoption of cloud infrastructure and services. In addition, COVID-19 has significantly increased the security budget, which has resulted in a large increase in cloud infrastructure and services. According to the findings of a study conducted by Microsoft and published in August 2020, 36% of the total 800 respondents said that the budget for cybersecurity had risen as a consequence of the pandemic outbreak. Additionally, 42 percent of those who answered the survey said that the company altered its personnel by adding more security experts.

Table of contents:

1 EXECUTIVE SUMMARY

1.1 GLOBAL EDGE AI HARDWARE MARKET, BY COMPONENT

1.2 GLOBAL EDGE AI HARDWARE MARKET, BY ORGANIZATION SIZE

1.3 GLOBAL EDGE AI HARDWARE MARKET, BY DEPLOYMENT

1.4 GLOBAL EDGE AI HARDWARE MARKET, BY END-USERS

1.5 GLOBAL EDGE AI HARDWARE MARKET, BY REGION

2 MARKET INTRODUCTIONS

2.1 DEFINITION

2.2 SCOPE OF THE STUDY

2.3 RESEARCH OBJECTIVE

2.4 MARKET STRUCTURE