Edge AI Hardware Market: 44% of Growth to Originate from North America | By Component (memory, processor, and others) and Geography | Global Opportunity Analysis and Industry Forecast, 2022-2026

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Edge AI Hardware Market Geography Outlook (Revenue, USD bn, 2021-2026)

• North America - size and forecast 2021-2026
• Europe - size and forecast 2021-2026
• APAC - size and forecast 2021-2026
• South America - size and forecast 2021-2026
• Middle East and Africa - size and forecast 2021-2026

44% of the market's growth will originate from North America during the forecast period. The US is the key market for edge AI hardware in North America. Market growth in this region will be faster than the growth of the market in other regions.

The growing number of IoT devices, the ever-increasing need for faster processing devices, increasing government support, and a strong technical background will facilitate the edge AI hardware market growth in North America over the forecast period. 

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Some of the Major Edge AI Hardware Companies:

• Advanced Micro Devices Inc.
• Alphabet Inc.
• Apple Inc.
• Applied Brain Research
• Baidu Inc.
• China Cambrian Technology Co. Ltd.
• Graphcore Ltd.
• Horizon Robotics Inc.
• Huawei Investment and Holding Co. Ltd.
• Imagination Technologies Ltd.
• Intel Corp.
• International Business Machines Corp.
• MediaTek Inc.
• Micron Technology Inc.
• Microsoft Corp.
• NVIDIA Corp.
• Qualcomm Inc.
• Samsung Electronics Co. Ltd.
• Tenstorrent Inc.
• Texas Instruments Inc.

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Rise in IoT Application by Various End-user Industries to Drive the Market Growth

IoT technology is the keystone for various enterprises to digitally transform, allowing them to improve existing operations while also developing and tracking new business models. Businesses and service providers have viewed IoT as a significant driver for enhancing digital transformation and unlocking operational efficiency. The acceptance of IoT technology across end-user sectors such as manufacturing, automotive, and healthcare is increasing. IoT is powering the next industrial revolution of intelligent connectivity, as the traditional manufacturing sector undergoes a digital transformation. This is altering how businesses approach increasingly complex systems and machines to increase productivity and reduce downtime. These factors will drive the market growth during the forecast period.

Lack of Skilled AI Professionals to Challenge the Market Growth

Various organizations are fully invested in AI, yet more than half lack the necessary in-house skilled expertise to carry out their strategy. According to AI statistics, in 2020, more than 9 in 10 (91%) top businesses had an ongoing investment in AI. However, most of them admitted that they lack the necessary mix of experienced AI talent in-house to implement their strategies. Indeed, a shortage of skilled talent was recognized as the most significant barrier to the advancement of their AI initiatives, followed by a lack of budget, a lack of access to the right technology, and a lack of useful data challenging the market growth. However, a lack of skilled professionals can hamper the growth of the market.

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Edge AI Hardware Market Component Outlook (Revenue, USD bn, 2021-2026)

• Memory - size and forecast 2021-2026
• Processor - size and forecast 2021-2026
• Others - size and forecast 2021-2026

The edge AI hardware market share growth by the memory segment will be significant during the forecast period. AI edge chip designers are testing several forms of memory for their upcoming applications. Vendors are pursuing a variety of memory strategies, including traditional memories such as static random-access memory (SRAM) and others, NOT-OR (NOR) flash for a newer technology known as analog in-memory computing, phase-change memory, magnetoresistive random-access memory (MRAM), resistive random-access memory (ReRAM), and other next-generation memories. These factors will contribute to the growth of the segment during the forecast period.

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Table of Contents

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Component
• Exhibit 06: Executive Summary – Chart on Incremental Growth
• Exhibit 07: Executive Summary – Data Table on Incremental Growth
• Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 09: Parent market
• Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis
• Exhibit 12: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026
• Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary
• Exhibit 17: Five forces analysis - Comparison between2021 and 2026

• 4.2 Bargaining power of buyers
• Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers
• Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants
• Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes
• Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry
• Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition
• Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Component

• 5.1 Market segments
• Exhibit 24: Chart on Component - Market share 2021-2026 (%)
• Exhibit 25: Data Table on Component - Market share 2021-2026 (%)

• 5.2 Comparison by Component
• Exhibit 26: Chart on Comparison by Component
• Exhibit 27: Data Table on Comparison by Component

• 5.3 Memory - Market size and forecast 2021-2026
• Exhibit 28: Chart on Memory - Market size and forecast 2021-2026 ($ million)
• Exhibit 29: Data Table on Memory - Market size and forecast 2021-2026 ($ million)
• Exhibit 30: Chart on Memory - Year-over-year growth 2021-2026 (%)
• Exhibit 31: Data Table on Memory - Year-over-year growth 2021-2026 (%)

• 5.4 Processor - Market size and forecast 2021-2026
• Exhibit 32: Chart on Processor - Market size and forecast 2021-2026 ($ million)
• Exhibit 33: Data Table on Processor - Market size and forecast 2021-2026 ($ million)
• Exhibit 34: Chart on Processor - Year-over-year growth 2021-2026 (%)
• Exhibit 35: Data Table on Processor - Year-over-year growth 2021-2026 (%)

• 5.5 Others - Market size and forecast 2021-2026
• Exhibit 36: Chart on Others - Market size and forecast 2021-2026 ($ million)
• Exhibit 37: Data Table on Others - Market size and forecast 2021-2026 ($ million)
• Exhibit 38: Chart on Others - Year-over-year growth 2021-2026 (%)
• Exhibit 39: Data Table on Others - Year-over-year growth 2021-2026 (%)

• 5.6 Market opportunity by Component
• Exhibit 40: Market opportunity by Component ($ million)

6 Customer Landscape

• 6.1 Customer landscape overview
• Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation
• Exhibit 42: Chart on Market share by geography 2021-2026 (%)
• Exhibit 43: Data Table on Market share by geography 2021-2026 (%)

• 7.2 Geographic comparison
• Exhibit 44: Chart on Geographic comparison
• Exhibit 45: Data Table on Geographic comparison

• 7.3 North America - Market size and forecast 2021-2026
• Exhibit 46: Chart on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 47: Data Table on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 48: Chart on North America - Year-over-year growth 2021-2026 (%)
• Exhibit 49: Data Table on North America - Year-over-year growth 2021-2026 (%)

• 7.4 Europe - Market size and forecast 2021-2026
• Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)

• 7.5 APAC - Market size and forecast 2021-2026
• Exhibit 54: Chart on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 55: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 56: Chart on APAC - Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on APAC - Year-over-year growth 2021-2026 (%)

• 7.6 South America - Market size and forecast 2021-2026
• Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
• Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)

• 7.7 Middle East and Africa - Market size and forecast 2021-2026
• Exhibit 62: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 63: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 64: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
• Exhibit 65: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

• 7.8 US - Market size and forecast 2021-2026
• Exhibit 66: Chart on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 67: Data Table on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 68: Chart on US - Year-over-year growth 2021-2026 (%)
• Exhibit 69: Data Table on US - Year-over-year growth 2021-2026 (%)

• 7.9 China - Market size and forecast 2021-2026
• Exhibit 70: Chart on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 71: Data Table on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 72: Chart on China - Year-over-year growth 2021-2026 (%)
• Exhibit 73: Data Table on China - Year-over-year growth 2021-2026 (%)

• 7.10 UK - Market size and forecast 2021-2026
• Exhibit 74: Chart on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 75: Data Table on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 76: Chart on UK - Year-over-year growth 2021-2026 (%)
• Exhibit 77: Data Table on UK - Year-over-year growth 2021-2026 (%)

• 7.11 Germany - Market size and forecast 2021-2026
• Exhibit 78: Chart on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 79: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 80: Chart on Germany - Year-over-year growth 2021-2026 (%)
• Exhibit 81: Data Table on Germany - Year-over-year growth 2021-2026 (%)

• 7.12 Japan - Market size and forecast 2021-2026
• Exhibit 82: Chart on Japan - Market size and forecast 2021-2026 ($ million)
• Exhibit 83: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
• Exhibit 84: Chart on Japan - Year-over-year growth 2021-2026 (%)
• Exhibit 85: Data Table on Japan - Year-over-year growth 2021-2026 (%)

• 7.13 Market opportunity by geography
• Exhibit 86: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges
• Exhibit 87: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape
• Exhibit 88: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption
• Exhibit 89: Overview on factors of disruption

• 9.4 Industry risks
• Exhibit 90: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered
• Exhibit 91: Vendors covered

• 10.2 Market positioning of vendors
• Exhibit 92: Matrix on vendor position and classification

• 10.3 Advanced Micro Devices Inc.
• Exhibit 93: Advanced Micro Devices Inc. - Overview
• Exhibit 94: Advanced Micro Devices Inc. - Business segments
• Exhibit 95: Advanced Micro Devices Inc. - Key news
• Exhibit 96: Advanced Micro Devices Inc. - Key offerings
• Exhibit 97: Advanced Micro Devices Inc. - Segment focus

• 10.4 Alphabet Inc.
• Exhibit 98: Alphabet Inc. - Overview
• Exhibit 99: Alphabet Inc. - Business segments
• Exhibit 100: Alphabet Inc. - Key news
• Exhibit 101: Alphabet Inc. - Key offerings
• Exhibit 102: Alphabet Inc. - Segment focus

• 10.5 Apple Inc.
• Exhibit 103: Apple Inc. - Overview
• Exhibit 104: Apple Inc. - Business segments
• Exhibit 105: Apple Inc. - Key news
• Exhibit 106: Apple Inc. - Key offerings
• Exhibit 107: Apple Inc. - Segment focus

• 10.6 Huawei Investment and Holding Co. Ltd.
• Exhibit 108: Huawei Investment and Holding Co. Ltd. - Overview
• Exhibit 109: Huawei Investment and Holding Co. Ltd. - Business segments
• Exhibit 110: Huawei Investment and Holding Co. Ltd. - Key offerings
• Exhibit 111: Huawei Investment and Holding Co. Ltd. - Segment focus

• 10.7 Intel Corp.
• Exhibit 112: Intel Corp. - Overview
• Exhibit 113: Intel Corp. - Business segments
• Exhibit 114: Intel Corp. - Key news
• Exhibit 115: Intel Corp. - Key offerings
• Exhibit 116: Intel Corp. - Segment focus

• 10.8 International Business Machines Corp.
• Exhibit 117: International Business Machines Corp. - Overview
• Exhibit 118: International Business Machines Corp. - Business segments
• Exhibit 119: International Business Machines Corp. - Key offerings
• Exhibit 120: International Business Machines Corp. - Segment focus

• 10.9 Micron Technology Inc.
• Exhibit 121: Micron Technology Inc. - Overview
• Exhibit 122: Micron Technology Inc. - Business segments
• Exhibit 123: Micron Technology Inc. - Key offerings
• Exhibit 124: Micron Technology Inc. - Segment focus

• 10.10 NVIDIA Corp.
• Exhibit 125: NVIDIA Corp. - Overview
• Exhibit 126: NVIDIA Corp. - Business segments
• Exhibit 127: NVIDIA Corp. - Key news
• Exhibit 128: NVIDIA Corp. - Key offerings
• Exhibit 129: NVIDIA Corp. - Segment focus

• 10.11 Qualcomm Inc.
• Exhibit 130: Qualcomm Inc. - Overview
• Exhibit 131: Qualcomm Inc. - Business segments
• Exhibit 132: Qualcomm Inc. - Key news
• Exhibit 133: Qualcomm Inc. - Key offerings
• Exhibit 134: Qualcomm Inc. - Segment focus

• 10.12 Samsung Electronics Co. Ltd.
• Exhibit 135: Samsung Electronics Co. Ltd. - Overview
• Exhibit 136: Samsung Electronics Co. Ltd. - Business segments
• Exhibit 137: Samsung Electronics Co. Ltd. - Key news
• Exhibit 138: Samsung Electronics Co. Ltd. - Key offerings
• Exhibit 139: Samsung Electronics Co. Ltd. - Segment focus

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist
• Exhibit 140: Inclusions checklist

• 11.3 Currency conversion rates for US$
• Exhibit 141: Currency conversion rates for US$

• 11.4 Research methodology
• Exhibit 142: Research methodology
• Exhibit 143: Validation techniques employed for market sizing
• Exhibit 144: Information sources

• 11.5 List of abbreviations
• Exhibit 145: List of abbreviations

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