The Europe Edge AI Hardware Market would witness market growth of 16.7% CAGR during the forecast period (2022-2028).
FPGA is reconfigurable digital logic with programmable logic blocks and reconfigurable connectivity hierarchy. Since an FPGA is not a processor, it cannot execute a program stored in memory. A hardware description language (HDL) is used to configure an FPGA, which is genuinely parallel, unlike a regular CPU. This means that a dedicated portion of the chip is assigned to each independent processing task, although multiple portions of the same program can be executed concurrently.
In addition, a typical FPGA may contain specialized memory blocks, a digital clock manager, IO banks, and a variety of other functionalities that vary between models. While a GPU is designed for efficient performance with similar threads on distinct input subsets, an FPGA is designed for serial sequential parallel execution of the same application.
AI chips, like all other general-purpose CPUs, enhance speed and efficiency by adding a massive number of ever-smaller transistors, which operate quicker and spend less energy than larger transistors. But unlike CPUs, AI chips include additional AI-optimized design features. These qualities accelerate identical, predictable, independent calculations that AI algorithms require.
One of the most important sectors throughout Europe is the automobile manufacturing sector in each region. The Automotive Industry is reportedly one of the most significant sectors in Italy, according to the International Trade Administration (ITA). In 2019, sales reached almost €106 billion, which is equivalent to approximately $119 billion. This represents 11% of Italy's manufacturing output and 6.2% of the country's GDP.
The Germany market dominated the Europe Edge AI Hardware Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,334.6 million by 2028.The UK market is anticipated to grow at a CAGR of 15.7% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 17.5% during (2022 - 2028).
Based on Function, the market is segmented into Inference and Training. Based on Device Type, the market is segmented into Smartphones, Surveillance Cameras, Wearables, Robots, Smart Speakers & Smart Mirrors, Automotive and Edge Servers. Based on Component, the market is segmented into Processor, Memory and Sensor & Others. Based on Vertical, the market is segmented into Consumer Electronics, Smart Home, Automotive & Transportation, Government, Healthcare, Industrial, Aerospace & Defense, Construction and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Edge AI Hardware Market will Hit $21.4 Billion by 2028, at a CAGR of 17.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Apple, Inc., MediaTek, Inc., Qualcomm, Inc., Huawei Technologies Co., Ltd., Samsung Electronics Co., Ltd. (Samsung Group), Intel Corporation, Nvidia Corporation, IBM Corporation, Google LLC, and Microsoft Corporation.
By Function
By Device Type
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