The Asia Pacific AI Edge Computing Market would witness market growth of 21.8% CAGR during the forecast period (2024-2031).
The China market dominated the Asia Pacific AI Edge Computing Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $5,098.3 million by 2031. The Japan market is registering a CAGR of 21.1% during (2024 - 2031). Additionally, The India market would showcase a CAGR of 22.6% during (2024 - 2031).
AI enhances the capabilities of edge computing by providing sophisticated data analysis and decision-making tools. Machine learning algorithms and AI models deployed at the edge can process and interpret vast amounts of data in real-time, enabling intelligent automation and predictive analytics.
Moreover, this synergy between AI and edge computing unlocks new possibilities in smart cities, manufacturing, and retail. Artificial intelligence-powered peripheral devices can analyze data from a variety of sensors in real-time to manage traffic flows, monitor environmental conditions, and improve public safety in smart cities.
The Asia Pacific region is an expanding market for AI edge computing, which is being propelled by the intensification of industrialization and digitization in countries such as South Korea, Japan, and China. The government’s push towards becoming a leader in AI and smart manufacturing is a significant driver in China. The "Made in China 2025" initiative of the Chinese government is designed to elevate China to the status of a high-tech superpower by prioritizing the integration of AI and edge computing into the manufacturing process. By 2025, the State Council of China intends to double the density of robot manufacturing in comparison to 2020.
Free Valuable Insights: The Global AI Edge Computing Market is Predict to reach USD 64.8 Billion by 2031, at a CAGR of 20.9%
Based on Component, the market is segmented into Hardware, Software, and Services. Based on Organization Size, the market is segmented into Large Enterprises and SME (Small & Medium Sized Enterprises). Based on Application, the market is segmented into IIOT, Remote Monitoring, Content Delivery, Video Analytics and AR & VR (Augmented Reality and Virtual Reality). Based on Industry Vertical, the market is segmented into Automotive, Healthcare, Chemicals, Oil & Gas, Manufacturing & Robotics, Public Infrastructure and Transportation & Logistics. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
By Organization Size
By Component
By Application
By Vertical
By Country
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