North America Edge AI Processor Market Size, Share & Industry Trends Analysis Report By Type (Central Processing Unit (CPU), Graphics Processing Unit (GPU), and Application Specific Integrated Circuit (ASIC)), By End Use, By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The North America Edge AI Processor Market would witness market growth of 15.0% CAGR during the forecast period (2022-2028).
The focus of Edge AI is on best practices, architectures, and processes for extending machine learning, data science, and AI outside of the cloud. Until recently, most AI applications, like expert systems or fraud detection algorithms, were constructed using symbolic AI techniques that hard-coded rules into programs. Non-symbolic AI techniques, such as neural networks, have been created in some situations for applications like optical character recognition for reading check numbers or typed text.
Researchers have gradually identified techniques to scale up deep neural networks on the cloud for developing AI models and inferencing responses based on input data. Edge AI takes AI development and implementation out of the cloud and into the real world. Edge AI is typically used for inference, whereas cloud AI is utilized to train new algorithms.
The healthcare industries of the regional countries are well-established and are estimated to incorporate various new technologies in the coming years. According to the Centers for Medicare & Medicaid Services, the official estimates of overall healthcare spending in the United States are determined by the National Health Expenditure Accounts (NHEA). The NHEA, which dates back to 1960, tracks annual U.S. spending on healthcare goods and services, government administration, public health activities, the net cost of health insurance, and healthcare investment.
The US market is leading the North America Edge AI Processor Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,549.9 Million by 2028. The Canada market is experiencing a CAGR of 17.6% during (2022 - 2028). Additionally, The Mexico market would showcase a CAGR of 16.6% during (2022 - 2028).
Based on Type, the market is segmented into Central Processing Unit (CPU), Graphics Processing Unit (GPU), and Application Specific Integrated Circuit (ASIC). Based on End Use, the market is segmented into Consumer Electronics, Automotive & Transportation, Manufacturing, Retail & Ecommerce, Healthcare, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Edge AI Processor Market is Predict to reach $5.6 Billion by 2028, at a CAGR of 15.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Apple, Inc., Samsung Electronics Co., Ltd. (Samsung Group), Mythic, Qualcomm, Inc., Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.), Intel Corporation, Google LLC, NVIDIA Corporation, Arm Limited (Softbank Group Corp.) and Advanced Micro Devices, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Device Type
- Consumer Devices
- Enterprise Devices
- Central Processing Unit (CPU)
- Graphics Processing Unit (GPU)
- Application Specific Integrated Circuit (ASIC)
By End Use
- Consumer Electronics
- Automotive & Transportation
- Retail & Ecommerce
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Apple, Inc.
- Samsung Electronics Co., Ltd. (Samsung Group)
- Qualcomm, Inc.
- Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- Intel Corporation
- Google LLC
- NVIDIA Corporation
- Arm Limited (Softbank Group Corp.)
- Advanced Micro Devices, Inc.
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