Edge AI Hardware Market

Market Leadership - Edge AI Hardware Market

The edge AI hardware market is projected to grow from 920 million units in 2021 to 2,080 million units by 2026; it is expected to grow at a CAGR of 17.7% from 2021 to 2026. The key factors contributing to the growth of the market include growth in demand for low latency and real-time processing on edge devices, emergence of AI coprocessors for edge computing, reduction in data storage and operations cost, Increase in enterprise workloads on the cloud and rapid growth in the number of intelligent applications.

Intel (US), Apple (US), Huawei (China), MediaTek (Taiwan), Samsung Electronics (South Korea), and Qualcomm Technologies (US) are some of the major companies across the globe in the edge AI hardware market. The companies in the edge AI hardware market have adopted various strategies in such as partnerships, collaborations and acquisitions to grow in the edge AI hardware market. The organic and inorganic strategies has helped the players in the market to expand themselves globally with innovative offering in the edge AI hardware market.

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Qualcomm Technologies (US) was founded in 1985 and was reincorporated in 1991 in Delaware, US. It is one of the key players in the global semiconductor industry. It is involved in designing and marketing wireless telecommunication products and services widely adopted in mobile devices and other wireless products, such as network equipment and broadband gateway equipment. In addition to cellular devices, the company’s technology and products are used in automotive, IoT (Internet of Things), data center, networking, and computing and machine learning. The company has 3 reportable business segments—Qualcomm CDMA Technologies (QCT), Qualcomm Technology Licensing (QTL), and Qualcomm Strategic Initiatives (QSI). The QCT segment deals with the development and supply of CDMA, OFDMA, and other technology-related ICs, as well as the system software for applications in networking, voice and data communication, multimedia, application processing, and GPS products. The QTL segment deals with granting intellectual property rights and licenses. These rights are important in the manufacture and sale of wireless products, such as CDMA 2000, CDMA TDD, WCDMA, and/or LTE and their derivatives. The QSI segment is involved in making strategic investments that are focused on expanding opportunities for the company’s technologies. It is also involved in introducing new products and services for voice and data communications. The company’s business spans across the globe, with offices in all the major regions. Some of the key subsidiaries of the company are Qualcomm Technologies, Inc. (Delaware), Qualcomm Global Trading Pte. Ltd. (Singapore), Qualcomm Asia Pacific Pte. Ltd. (Singapore), and Qualcomm Technologies International, Ltd. (UK).

Apple (US) manufactures, designs, and markets media and mobile communication devices. The company’s product offerings include iPhone, Mac, iPad, wearables, and home accessories. Apple also provides services such as advertising, AppleCare, cloud services, digital content, and payment services. The primary customers of the company are in the consumer, small and mid-sized business, education, enterprise, and government market. AirPlay is a proprietary protocol stack/suite developed by the company. It allows wireless streaming of audio, video, and photos, along with the related metadata among different devices. AirPlay was launched in 2004 as AirTunes. Its name was changed to AirPlay in 2010. In May 2014, Apple acquired Beats Electronics, a US-based company that manufactures wireless headphones. With this acquisition, Beats Electronics LLC (also known as Beats by Dr. Dre) became a subsidiary of Apple Inc. The subsidiary of the company primarily focuses on manufacturing headphones and speakers. Beats offers a range of wireless audio products, including the Beats Studio 3 Wireless, which is equipped with Bluetooth technology and has 40-hours of battery life. It has 22-hours of battery life for the adaptive noise cancellation

Huawei Technologies (China) is an information communication technology software and solution provider for a wide array of end-users across the globe. In collaboration with industry leaders, the company offers telecommunication carriers network solutions that are intelligent, innovative, and secure. Huawei delivers computer, networking, and communication platforms to a broad set of customers, including original equipment manufacturers (OEMs); original design manufacturers (ODMs); cloud and communication service providers; and industrial, communications, energy and automotive equipment manufacturers. The company operates in the following four primary business segments: carrier, enterprise, consumer and others. The carrier business segment offers telecommunication software and solutions such as network management, cloud, and data centers. Under enterprise business, the company provides a digital infrastructure with up-and-coming technologies including IoT (Internet of Things), big data, AI, cloud, and communication for government, transportation, energy, and automotive sectors. Smart hardware such as phones, wearables, connected home devices, PCs as well as services required by these devices, are offered in the umbrella of the consumer business segment. Huawei technologies co., ltd. Has employees in more than 170 countries, about 3 billion consumers, and operations in over 1500 locations. A few key subsidiaries of the company are HISilicon, Huawei Symantec, Toga Networks Ltd., Caliopa NV, Hubble Technologies, HexaTier Ltd., among others.

Samsung Electronics (South Korea) is a leading developer and manufacturer of electronics and computer peripherals. The company is now emphasizing information, telecommunications, and audio and video, and lifecare businesses that include healthcare, environment and energy, and convenient services. The company is involved in the manufacturing and sales of consumer electronics and computer peripherals. The company operates through three business segments– Consumer Electronics, Information Technology & Mobile Communications, and Device Solutions. The consumer electronics segment offers products such as smart televisions, medical devices, monitors, printers, air-conditioners, refrigerators, washing machines, and other home appliances.

MediaTek (Taiwan) is a leading fabless semiconductor company that provides system-on-chip solutions for applications such as digital home solutions, mobile communication solutions, and optical storage solutions. The company has only 1 major operating segment—Multimedia Chipsets. The company specializes in the research and development, production, and marketing of multimedia ICs, high-end customer-oriented ICs, computer peripheral-oriented ICs, and other ICs. In the edge AI hardware market, the company offers Helio P60, P70 and P90 system-on-chip (SoC) for edge AI. The company has its presence in China, Dubai, Finland, India, Japan, South Korea, Singapore, Sweden, Taiwan, the UK, and the US. In January 2019, MediaTek launched new AI products for the smart home, including the latest generation of MediaTek’s TV AI picture quality (PQ) technology, the new MT8175 AI vision platform for smart displays and smart cameras, and the new MT8518 AI voice platform for portable smart speakers. MediaTek is a leading IC design company. With constant investments in advanced processes and technologies, the company provides integrated and innovative chipsets at a low price. The company focuses on designing the chips for mobile communication and connectivity technologies. The company has a strong customer base in China and Taiwan. To grow in the edge AI hardware market, the company is working on a combination of hardware and software, an AI-processing unit and NeuroPilot SDK, to bring AI across its wide-ranging technology, which mainly includes consumer products across smartphones, smart homes, automotive and more. For example, the company has recently launched Helio P90, which comes with a built-in processing unit–APU 2.0–a leading fusion AI architecture that can deliver a new level of AI experiences. In April 2018, the US Department of Commerce banned US companies, which also include Qualcomm, a key supplier of chips for ZTE’s phones, to sell their chipsets to ZTE (China) for the next 7 years; as a result, MediaTek received an export permit from the government to sell components to ZTE Corporation in place of Qualcomm.

Related Reports:

Edge AI Hardware Market with COVID-19 Impact Analysis device, Processor (CPU, GPU, and ASICs), End User, Function (Training and Inference), Power (Less Than 1W, 1-3 W, 3-5 W, 5-10W and more than 10W) and Region - Global Forecast to 2026

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Report Code
SE 7017
RI Published ON
8/27/2021
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