Embedded AI Computing Platforms Market size is expected to reach nearly US$ 45.51 Bn by 2029 with the CAGR of 5.4% during the forecast period. The global Embedded AI Computing Platforms Market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The Global Embedded AI Computing Platforms market report also provides trends by market segments, technology, and investment with a competitive landscape.To know about the Research Methodology :- Request Free Sample Report
Embedded AI Computing Platforms Market Overview
Over the last decade, the use of Embedded AI Computing Platform has witnessed tremendous growth in recent years due to increased usage in end-user industries. Embedded AI computing system is a combination of AI software and applications which are designed to perform certain dedicated task and function in an electrical device. Embedded AI system helps and assists in producing actionable results for end-users via the use of advanced analytics. With the use of AI systems, the business can improve its performance and customer experience. Microprocessors, microcontrollers, and other software supported with chips are important for embedded AI systems. AI is ben also employed in video games such as bots in the game which are designed to play as an opponent where humans are desired or can't stand. Since the embedded system is designed and dedicated to a specific task, end users can use it to reduce the cost of the product and to improve reliability and performance. These systems have diverse features such as high speed, adaptability, accuracy, and low power consumption performing functions such as data processing, simplification and transmitting data, and others.Market Dynamics
Increased adoption of advanced technological software and application for various business purposes are fueling the market growth. Embedded AI computing platforms support businesses to process data quickly and to provide actionable results that will help in taking business decisions and working fast. Their use in various day-to-day applications such as for controlled security gates, opening & closing of the door automatically, Microphones, and other controlled appliances such as voice and face recognition has driven the market, especially in North America where the use of AI computing is high along with the use of consumer electronics. Embedded AI computing platforms are representations of knowledge so that AI can solve problems or understandably exhibit them which has impacted positively on the market growth. Moreover, rapid digitalization and adoption of technology in business combined with the presence of key market players & the availability of substitutes boosted the market growth opportunities. The growth of the market can also be attributed to the increased investments and government support for research and development activities for producing and developing advanced methods for defence AI systems to meet military agendas. They work fast and are reliable However, Embedded systems are hard to maintain, have complications in taking back up of embedded files, and have less power durability if they are battery powered which are hampering the market growth.Embedded AI Computing Platforms Market Segment Analysis
Based on components, the market is segmented into hardware and software. The segment of software dominated the market in recent years due to its versatile use. Software is a computer program that mimics human behaviors by learning data patterns and insights. Top Embedded AI computing software includes Machine Learning, speech and voice recognition, virtual assistant, etc. These AI software can make data from scratch with machine learning and other capabilities to assist in delivering functionality for users and making business simpler. Whereas Embedded AI hardware are a class of specialized hardware accelerator designed to accelerate AI applications such as machine learning and vision. Due to which the segment has recorded positive growth. By end-user, the market is dominated by the health care industry. Though, other end-user also use the AI system. In healthcare embedded AI is practised for digital consultation and robotic surgeries. People working tirelessly from 9 to 5 may not be able to visit doctors, with the rise in smartphones the popularity of digital consultancy has increased. The use of AI in surgery and operations has proven to be the most opportunistic as they perform surgery more accurate results in less pain, blood loss, and shorter time spent in hospitals which are driving the market growth. Whereas the segment of retail & E-commerce has also noted growth as they can assist in buying online by showing preferred searches to remind continuously about completing buying process from the cart which will minimize the losses.Regional Insights:
The Asia Pacific and North America are witnessing high growth in the market due to the rapid adoption of embedded artificial intelligence computing systems by various end-user such as healthcare, automotive, banking and finance, consumer electronics, and others in the region. In North America, the use of AI systems is high in the US as the presence of key market players of different sectors in the country such as Intel Corporation, Apple Inc., Next IT Corporation, and other International Business Machines Corporation (IBM), and others that use a modernized production system which has boosted the market. In the Asia pacific rise in the investments for technological advancements and research impacted positively on the market's growth especially in India and China. The European and South American markets growth is also surging due to the adoption of AI in various sectors. In Europe, Ireland is the biggest adopter of the Embedded AI system though a report result that the European region is still behind other regions. According to European commission data from 2022 found that 23pc of business enterprises in Ireland use at least one of these four AI applications: Machine learning, Natural language processing, and speech reorganization, using virtual chatbots or agents. Whereas in South America as key market players are increasingly adopting Embedded AI systems such as chatbots for virtual customer service agents are propelling the market growth. Other factors include public acceptance of AI and automation. The Middle East & Africa is also curving up their market growth rates due to a continuous shift towards the adoption of in-demand technologies such as AI. The use of Embedded AI computing platforms in the region will create employment opportunities and enhanced production. As per the IDC International Data Corporation, by 2022 the AI system in MEA was anticipated to reach US$ 100 million. The objective of the report is to present a comprehensive analysis of the Global Embedded AI Computing Platforms Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Global Embedded AI Computing Platforms Market dynamics, structure by analyzing the market segments and project the Global Embedded AI Computing Platforms Market size. Clear representation of competitive analysis of key players by Component, price, financial position, product portfolio, growth strategies, and regional presence in the Global Embedded AI Computing Platforms Market make the report investor’s guide.Embedded AI Computing Platforms Market Scope: Inquire before buying
Embedded AI Computing Platforms Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $ 31.49 Bn. Forecast Period 2022 to 2029 CAGR: 5.4% Market Size in 2029: US $ 45.51 Bn. Segments Covered: by Component Hardware Software by End User Automotive Retail & E-commerce Aerospace & Defense Healthcare IT & Telecom Consumer Electronics by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Embedded AI Computing Platforms Marketm Key Players are:
1. Ascent 2. Osaro 3. Riskified 4. Nvidia 5. Nuro 6. Tempus 7. Ascent 8. DataRobot 9. Freenome 10.Grammarly 11.CloudMinds 12.H20.ai 13.Nauto 14.Sift Science 15.SoundHound Frequently Asked Questions: 1. Which region has the largest share in Global Embedded AI Computing Platforms Market? Ans: Asia Pacific region held the highest share in 2022. 2. What is the growth rate of Global Embedded AI Computing Platforms Market? Ans: The Global Embedded AI Computing Platforms Market is growing at a CAGR of 5.4% during forecasting period 2023-2029. 3. What is scope of the Global Embedded AI Computing Platforms Market report? Ans: Global Embedded AI Computing Platforms Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Embedded AI Computing Platforms Market? Ans: The important key players in the Global Embedded AI Computing Platforms Market are – Ascent, Osaro, Riskified, Nvidia, Nuro, Tempus, Ascent, DataRobot, Freenome, Grammarly, CloudMinds, H20.ai, Nauto, Sift Science, and SoundHound 5. What is the study period of this Market? Ans: The Global Embedded AI Computing Platforms Market is studied from 2022 to 2029.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Embedded AI Computing Platforms Market Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2022 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Embedded AI Computing Platforms Products Market 3.4. Geographical Snapshot of the Embedded AI Computing Platforms Products Market, By Manufacturer share 4. Global Embedded AI Computing Platforms Market Overview, 2022-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Embedded AI Computing Platforms Market 5. Supply Side and Demand Side Indicators 6. Global Embedded AI Computing Platforms Market Analysis and Forecast, 2022-2029 6.1 Embedded AI Computing Platforms Market Size & Y-o-Y Growth Analysis 7. Global Embedded AI Computing Platforms Market Analysis and Forecasts, 2022-2029 7.1. Market Size (Value) Estimates & Forecast By Component,2022-2029 7.1.1. Hardware 7.1.2. Software 7.2. Market Size (Value) Estimates & Forecast By End User, 2022-2029 7.2.1. Automotive 7.2.2. Retail & E-commerce 7.2.3. Aerospace & Defense 7.2.4. Healthcare 7.2.5. IT & Telecom 7.2.6. Consumer Electronics 7.3. Market Size (Value) Estimates & Forecast by Region, 2022-2029 7.3.1. North America 7.3.2. South America 7.3.3. Europe 7.3.4. Asia Pacific 7.3.5. Middle East and Africa 8. North America Embedded AI Computing Platforms Market Analysis and Forecasts, 2022-2029 8.1. Market Size (Value) Estimates & Forecast By Component,2022-2029 8.1.1. Hardware 8.1.2. Software 8.2. Market Size (Value) Estimates & Forecast By End User, 2022-2029 8.2.1. Automotive 8.2.2. Retail & E-commerce 8.2.3. Aerospace & Defense 8.2.4. Healthcare 8.2.5. IT & Telecom 8.2.6. Consumer Electronics 9. North America Embedded AI Computing Platforms Market Analysis and Forecasts, By Country 9.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 9.1.1. US 9.1.2. Canada 9.1.3. Mexico 10. U.S.A Embedded AI Computing Platforms Market Analysis and Forecasts, 2022-2029 10.1. Market Size (Value) Estimates & Forecast By Component,2022-2029 10.2. Market Size (Value) Estimates & Forecast By End User, 2022-2029 11. Canada Embedded AI Computing Platforms Market Analysis and Forecasts, 2022-2029 11.1. Market Size (Value) Estimates & Forecast By Component,2022-2029 11.2. Market Size (Value) Estimates & Forecast By End User, 2022-2029 12. Mexico Embedded AI Computing Platforms Market Analysis and Forecasts, 2022-2029 12.1. Market Size (Value) Estimates & Forecast By Component,2022-2029 12.2. Market Size (Value) Estimates & Forecast By End User, 2022-2029 13. Europe Embedded AI Computing Platforms Market Analysis and Forecasts, 2022-2029 13.1. Market Size (Value) Estimates & Forecast By Component,2022-2029 13.2. Market Size (Value) Estimates & Forecast By End User, 2022-2029 14. Europe Embedded AI Computing Platforms Market Analysis and Forecasts, By Country 14.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 14.1.1. U.K 14.1.2. France 14.1.3. Germany 14.1.4. Italy 14.1.5. Spain 14.1.6. Sweden 14.1.7. CIS Countries 14.1.8. Rest of Europe 15. U.K. Embedded AI Computing Platforms Market Analysis and Forecasts, 2022-2029 15.1. Market Size (Value) Estimates & Forecast By Component,2022-2029 15.2. Market Size (Value) Estimates & Forecast By End User, 2022-2029 16. France Embedded AI Computing Platforms Market Analysis and Forecasts, 2022-2029 16.1. Market Size (Value) Estimates & Forecast By Component,2022-2029 16.2. Market Size (Value) Estimates & Forecast By End User, 2022-2029 17. Germany Embedded AI Computing Platforms Market Analysis and Forecasts, 2022-2029 17.1. Market Size (Value) Estimates & Forecast By Component,2022-2029 17.2. Market Size (Value) Estimates & Forecast By End User, 2022-2029 18. Italy Embedded AI Computing Platforms Market Analysis and Forecasts, 2022-2029 18.1. Market Size (Value) Estimates & Forecast By Component,2022-2029 18.2. Market Size (Value) Estimates & Forecast By End User, 2022-2029 19. Spain Embedded AI Computing Platforms Market Analysis and Forecasts, 2022-2029 19.1. Market Size (Value) Estimates & Forecast By Component,2022-2029 19.2. Market Size (Value) Estimates & Forecast By End User, 2022-2029 20. Sweden Embedded AI Computing Platforms Market Analysis and Forecasts, 2022-2029 20.1. Market Size (Value) Estimates & Forecast By Component,2022-2029 20.2. Market Size (Value) Estimates & Forecast By End User, 2022-2029 21. CIS Countries Embedded AI Computing Platforms Market Analysis and Forecasts, 2022-2029 21.1. Market Size (Value) Estimates & Forecast By Component,2022-2029 21.2. Market Size (Value) Estimates & Forecast By End User, 2022-2029 22. Rest of Europe Embedded AI Computing Platforms Market Analysis and Forecasts, 2022-2029 22.1. Market Size (Value) Estimates & Forecast By Component,2022-2029 22.2. Market Size (Value) Estimates & Forecast By End User, 2022-2029 23. Asia Pacific Embedded AI Computing Platforms Market Analysis and Forecasts, 2022-2029 23.1. Market Size (Value) Estimates & Forecast By Component,2022-2029 23.2. Market Size (Value) Estimates & Forecast By End User, 2022-2029 24. Asia Pacific Embedded AI Computing Platforms Market Analysis and Forecasts, by Country 24.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 24.1.1. China 24.1.2. India 24.1.3. Japan 24.1.4. South Korea 24.1.5. Australia 24.1.6. ASEAN 24.1.7. Rest of Asia Pacific 25. China Embedded AI Computing Platforms Market Analysis and Forecasts, 2022-2029 25.1. Market Size (Value) Estimates & Forecast By Component,2022-2029 25.2. Market Size (Value) Estimates & Forecast By End User, 2022-2029 26. India Embedded AI Computing Platforms Market Analysis and Forecasts, 2022-2029 26.1. Market Size (Value) Estimates & Forecast By Component,2022-2029 26.2. Market Size (Value) Estimates & Forecast By End User, 2022-2029 27. Japan Embedded AI Computing Platforms Market Analysis and Forecasts, 2022-2029 27.1. Market Size (Value) Estimates & Forecast By Component,2022-2029 27.2. Market Size (Value) Estimates & Forecast By End User, 2022-2029 28. South Korea Embedded AI Computing Platforms Market Analysis and Forecasts, 2022-2029 28.1. Market Size (Value) Estimates & Forecast By Component,2022-2029 28.2. Market Size (Value) Estimates & Forecast By End User, 2022-2029 29. Australia Embedded AI Computing Platforms Market Analysis and Forecasts, 2022-2029 29.1. Market Size (Value) Estimates & Forecast By Component,2022-2029 29.2. Market Size (Value) Estimates & Forecast By End User, 2022-2029 30. ASEAN Embedded AI Computing Platforms Market Analysis and Forecasts, 2022-2029 30.1. Market Size (Value) Estimates & Forecast By Component,2022-2029 30.2. Market Size (Value) Estimates & Forecast By End User, 2022-2029 31. Rest of Asia Pacific Embedded AI Computing Platforms Market Analysis and Forecasts, 2022-2029 31.1. Market Size (Value) Estimates & Forecast By Component,2022-2029 31.2. Market Size (Value) Estimates & Forecast By End User, 2022-2029 32. Middle East Africa Embedded AI Computing Platforms Market Analysis and Forecasts, 2022-2029 32.1. Market Size (Value) Estimates & Forecast By Component,2022-2029 32.2. Market Size (Value) Estimates & Forecast By End User, 2022-2029 33. Middle East Africa Embedded AI Computing Platforms Market Analysis and Forecasts, by Country 33.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 33.1.1. South Africa 33.1.2. GCC Countries 33.1.3. Egypt 33.1.4. Nigeria 33.1.5. Rest of ME&A 34. South Africa Embedded AI Computing Platforms Market Analysis and Forecasts, 2022-2029 34.1. Market Size (Value) Estimates & Forecast By Component,2022-2029 34.2. Market Size (Value) Estimates & Forecast By End User, 2022-2029 35. GCC Countries Embedded AI Computing Platforms Market Analysis and Forecasts, 2022-2029 35.1. Market Size (Value) Estimates & Forecast By Component,2022-2029 35.2. Market Size (Value) Estimates & Forecast By End User, 2022-2029 36. Egypt Embedded AI Computing Platforms Market Analysis and Forecasts, 2022-2029 36.1. Market Size (Value) Estimates & Forecast By Component,2022-2029 36.2. Market Size (Value) Estimates & Forecast By End User, 2022-2029 37. Nigeria Embedded AI Computing Platforms Market Analysis and Forecasts, 2022-2029 37.1. Market Size (Value) Estimates & Forecast By Component,2022-2029 37.2. Market Size (Value) Estimates & Forecast By End User, 2022-2029 38. Rest of ME&A Embedded AI Computing Platforms Market Analysis and Forecasts, 2022-2029 38.1. Market Size (Value) Estimates & Forecast By Component,2022-2029 38.2. Market Size (Value) Estimates & Forecast By End User, 2022-2029 39. South America Embedded AI Computing Platforms Market Analysis and Forecasts, 2022-2029 39.1. Market Size (Value) Estimates & Forecast By Component,2022-2029 39.2. Market Size (Value) Estimates & Forecast By End User, 2022-2029 40. South America Embedded AI Computing Platforms Market Analysis and Forecasts, by Country 40.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 40.1.1. Brazil 40.1.2. Argentina 40.1.3. Rest of South America 41. Brazil Embedded AI Computing Platforms Market Analysis and Forecasts, 2022-2029 41.1. Market Size (Value) Estimates & Forecast By Component,2022-2029 41.2. Market Size (Value) Estimates & Forecast By End User, 2022-2029 42. Argentina Embedded AI Computing Platforms Market Analysis and Forecasts, 2022-2029 42.1. Market Size (Value) Estimates & Forecast By Component,2022-2029 42.2. Market Size (Value) Estimates & Forecast By End User, 2022-2029 43. Rest of South America Embedded AI Computing Platforms Market Analysis and Forecasts, 2022-2029 43.1. Market Size (Value) Estimates & Forecast By Component,2022-2029 43.2. Market Size (Value) Estimates & Forecast By End User, 2022-2029 44. Competitive Landscape 44.1. Geographic Footprint of Major Players in the Global Embedded AI Computing Platforms Market 44.2. Competition Matrix 44.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, End Users and R&D Investment 44.2.2. New Product Launches and Product Enhancements 44.2.3. Market Consolidation 44.2.3.1. M&A by Regions, Investment and Verticals 44.2.3.2. M&A, Forward Integration and Backward Integration 44.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 44.3. Company Profile : Key Players 44.3.1. Ascent 44.3.1.1. Company Overview 44.3.1.2. Financial Overview 44.3.1.3. Geographic Footprint 44.3.1.4. Product Portfolio 44.3.1.5. Business Strategy 44.3.1.6. Recent Developments 45.3.2 Osaro 45.3.3 Riskified 45.3.4 Nvidia 45.3.5 Nuro 45.3.6 Tempus 45.3.7 Ascent 45.3.8 DataRobot 45.3.9 Freenome 45.3.10 Grammarly 45.3.11 CloudMinds 45.3.12 H20.ai 45.3.13 Nauto 45.3.14 Sift Science 45.3.15 SoundHound 46 Primary Key Insights