The Asia Pacific Edge Artificial Intelligence Chips Market would witness market growth of 33.9% CAGR during the forecast period (2024-2031).
The China market dominated the Asia Pacific Edge Artificial Intelligence Chips Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $12,598.8 Million by 2031. The Japan market is exhibiting a CAGR of 33.1% during (2024 - 2031). Additionally, The India market would experience a CAGR of 34.8% during (2024 - 2031).
Edge AI chips are found in smartphones, smart speakers, and home automation devices in consumer electronics. These chips facilitate features like voice recognition, facial recognition, and augmented reality, making devices more intuitive and interactive. For example, smartphones with AI chips can offer enhanced camera functionalities, such as scene detection and image stabilization. Edge AI chips are crucial for predictive maintenance, quality control, and operational optimization in the industrial sector. They enable machines to process data locally and make real-time decisions, reducing downtime and improving efficiency. For example, in manufacturing, AI chips can detect product defects on the assembly line, ensuring higher-quality output.
The adoption of edge AI chips is gaining momentum as industries recognize their potential to revolutionize operations and enhance performance. One of the primary reasons for the widespread adoption of edge AI chips is their scalability and flexibility. These chips can be integrated into various devices and systems, allowing businesses to scale their AI capabilities according to their needs. This flexibility is particularly beneficial for industries with diverse operational requirements.
As India transitions towards Industry 4.0, the use of AI and IoT in manufacturing processes will increase. Edge AI chips are pivotal in facilitating smart manufacturing systems, which include automation, robotics, and predictive analytics. These chips enable real-time monitoring, decision-making, and process optimization at the edge, allowing Indian manufacturers to enhance productivity and reduce operational costs. The rising domestic demand for consumer electronics, coupled with the rapid expansion of the electronics manufacturing sector, creates a fertile ground for the growth of edge artificial intelligence chips market in India. In Conclusion, China and India are on a path to revolutionizing their economies through advanced technologies like 5G, AI, and IoT.
Free Valuable Insights: The Global Edge Artificial Intelligence Chips Market is Predict to reach USD 148.96 Billion by 2031, at a CAGR of 33.2%
Based on Function, the market is segmented into Inference and Training. Based on Chipset, the market is segmented into CPU, ASIC, GPU, and Other Chipset. Based on Device, the market is segmented into Consumer Devices and Enterprise Devices. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
By Function
By Chipset
By Device
By Country
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