Edge AI hardware Market
The global edge AI hardware market registered transactions of 532.4 million units in 2018 and is expected to reach 1,681.8 million units by the end of the forecast period (2027) with a CAGR of 21.72%.
Growth in Artificial Intelligence (AI) has created huge opportunities for semiconductor companies. Edge AI processing involves low latency which is an advantage and hence is contributing to growth of the market. Edge AI processing helps reduce data travelling time so that companies can analyse data on a real-time basis. AI hardware is the core enabler for various solutions such as facial recognition and virtual assistants managing homes. Edge AI hardware is used in various industries such as oil and gas, mining, transportation, and power utilities.
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.
The global Industry is segmented into 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.
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 security budgets, 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.
[edit] Related articles on Designing for Buildings
- Artificial intelligence.
- Artificial intelligence and civil engineering.
- Artificial intelligence and surveying.
- Artificial intelligence for smarter, safer buildings.
- Artificial intelligence in buildings.
- BSRIA publishes Artificial Intelligence in Buildings white paper.
- Building automation and control systems.
- Global building automation.
- Internet of things.
- Predictive analytics.
Featured articles and news
A briefing on fall protection systems for designers
A legal requirement and an ethical must.
CIOB Ireland launches manifesto for 2024 General Election
A vision for a sustainable, high-quality built environment that benefits all members of society.
Local leaders gain new powers to support local high streets
High Street Rental Auctions to be introduced from December.
Infrastructure sector posts second gain for October
With a boost for housebuilder and commercial developer contract awards.
Sustainable construction design teams survey
Shaping the Future of Sustainable Design: Your Voice Matters.
COP29; impacts of construction and updates
Amid criticism, open letters and calls for reform.
The properties of conservation rooflights
Things to consider when choosing the right product.
Adapting to meet changing needs.
London Build: A festival of construction
Co-located with the London Build Fire & Security Expo.
Tasked with locating groups of 10,000 homes with opportunity.
Delivering radical reform in the UK energy market
What are the benefits, barriers and underlying principles.
Information Management Initiative IMI
Building sector-transforming capabilities in emerging technologies.
Recent study of UK households reveals chilling home truths
Poor insulation, EPC knowledge and lack of understanding as to what retrofit might offer.
Embodied Carbon in the Built Environment
Overview, regulations, detail calculations and much more.
Why the construction sector must embrace workplace mental health support
Let’s talk; more importantly now, than ever.
Ensuring the trustworthiness of AI systems
A key growth area, including impacts for construction.