The North America AI Edge Computing Market would witness market growth of 20.2% CAGR during the forecast period (2024-2031).
The US market dominated the North America AI Edge Computing Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $17,210.9 million by 2031. The Canada market is experiencing a CAGR of 22.4% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 21.7% during (2024 - 2031).
Artificial Intelligence (AI) edge computing is rapidly transforming the technology landscape, driving innovation across various industries by decentralizing data processing and bringing computational power closer to the data source.
Additionally, this shift from traditional cloud-based systems to edge computing models marks a significant evolution in how data is handled, analyzed, and utilized. This transformation's heart is integrating AI capabilities at the edge, enabling real-time decision-making, enhanced security, and improved efficiency.
North American businesses have quickly integrated AI into their operations, creating a demand for efficient data processing solutions like edge computing. The U.S. manufacturing industry has quickly adopted Industry 4.0 technologies, which integrate AI and edge computing to optimize production processes, enhance operational efficiency, and reduce downtime through predictive maintenance. According to the National Institute of Standards and Technology (NIST), the U.S. manufacturing sector is estimated to invest heavily in smart manufacturing technologies.
Free Valuable Insights: The 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 U.S., Mexico, Canada, and Rest of North America.
By Organization Size
By Component
By Application
By Vertical
By Country
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