Press release distribution to media in EMEA
  • Middle East
  • North Africa
  • Global
  • Business
  • Finance
  • Technology
  • Press
  • About Us
    • Press Release Distribution Services
    • Submit Press Release
    • Contact Us
Submit PR
No Result
View All Result
MENA NEWS | Press release distribution to media in UAE and MENA regions
  • Middle East
  • North Africa
  • Global
  • Business
  • Finance
  • Technology
  • Press
  • About Us
    • Press Release Distribution Services
    • Submit Press Release
    • Contact Us
Submit PR
No Result
View All Result
PR distribution to media in EMEA
Submit PR
Home Press

Blend of Edge Computing and Artificial Intelligence to Create New Growth Opportunities for Semiconductor Companies

admin by admin
February 21, 2023
in Press
Share on FacebookShare on Twitter


(EMAILWIRE.COM, February 21, 2023 ) The real-time computational ability of Edge AI is reflected in real-world use cases, resulting in massive, predicted growth. According to market research firm MarketsandMarkets, the worldwide edge AI market will reach 2,716 million units in 2027 at a compound annual growth rate (CAGR) of 20.8% over the 2022–2027 forecast period. CPU accounted for the largest market share in 2022, followed by ASIC and GPU.

Ask for Sample Report @

https://www.marketsandmarkets.com/requestsampleNew.asp?id=158498281

Despite the enormous speed of processing reams of data and providing a valuable output, artificial intelligence applications have one key weakness—their brains are located thousands of miles away (on the cloud). Over the last few years, edge computing and artificial intelligence have been brought together to form “Edge AI,” harnessing respective benefits while creating new opportunities as a result of their combination. The market for edge AI processors is still new, but the ever-increasing quest for faster computation at lower power consumption offers immense opportunities for AI hardware market.

At this stage of the market, there are very limited applications of FPGA for edge AI. However, autonomous driving companies may opt for FPGAs for inference. It is more likely that FPGAs will be used for training purposes in applications that require significant customization. Face detection, image /speech recognition, object/pose detection are some of the applications where FPGAs can be used. Intel, Xilinx, and Lattice Semiconductor are some of the major companies providing FPGA for edge AI applications. However, they are mostly limited to developers at present.

Most AI algorithms need enormous amounts of data and computing power to accomplish tasks. For this reason, they rely on cloud servers to perform their computations and cannot accomplish this on the device or at the edge, smartphones, computers, and other devices where the applications that use them run. This limitation makes cloud-based AI algorithms useless or inefficient in settings where connectivity is sparse or non-present, and where operations need to be performed in real time, such as autonomous vehicles.

The connectivity in mobile devices suffers from latency, network congestion, signal collisions, and terrain. These are the challenges we face when processing edge data in the cloud. The dedicated AI processor in mobile devices can help compute resources in real time and execute algorithms without the need for a round-trip to the cloud. Another benefit of using dedicated AI processors is the incentivization of resource sharing. Apart from smartphones, surveillance cameras, augmented reality, robots, and autonomous/driverless cars are applications where real-time intelligence at the edge is crucial. The delay caused by the round-trip to the cloud can yield disastrous or even fatal results, and in case of a network disruption, a total halt of operations is imaginable.

News Also Covered: https://www.prnewswire.com/news-releases/edge-ai-hardware-market-worth-2-716-million-units-by-2027—exclusive-report-by-marketsandmarkets-301656906.html

Related Reports:

Artificial Intelligence Market by Offering (Hardware, Software, Services), Technology (Machine Learning, Natural Language Processing), Deployment Mode, Organization Size, Business Function (Law, Security), Vertical and Region – Global forecast to 2027

Vision Processing Unit Market by End-Use Application (Smartphones, ADAS, Camera, Drones, AR/VR Products), Vertical (Consumer Electronics, Automotive, Security and Surveillance), Fabrication Process and Geography – Global Forecast to 2024

About MarketsandMarkets™

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.



Source link

Previous Post

Healthcare Interoperability Solutions Market worth $5.7 billion by 2026 – Exclusive Report by MarketsandMarkets™

Next Post

Globitel’s SpeechLog Retail solution adopted by one of Kuwait’s largest telecom operators in record-fast roll-out

RelatedPosts

Home Ventilation System Market to Reach USD 41.12 Billion by 2031, Says Mordor Intelligence
Press

Home Ventilation System Market to Reach USD 41.12 Billion by 2031, Says Mordor Intelligence

Home Ventilation System Market Overview  According to Mordor Intelligence, the home ventilation system market size is projected to grow from USD...

by admin
April 18, 2026
High Potency APIs Market Size to Reach USD 49.59 Billion by 2031, Driven by Rising Precision Medicine Demand
Press

High Potency APIs Market Size to Reach USD 49.59 Billion by 2031, Driven by Rising Precision Medicine Demand

High Potency APIs Market Overview  According to Mordor Intelligence, the high potency APIs market size is estimated at USD 32.02...

by admin
April 18, 2026
$10.2 Billion by 2035 — How Trade Credit Insurance Is Mitigating Global Supply Chain Risk
Press

$10.2 Billion by 2035 — How Trade Credit Insurance Is Mitigating Global Supply Chain Risk

Trade Credit Insurance | Credit Risk Mitigation | Receivables Protection | Regional Breakdown | April 2026 | Source: WGR...

by admin
April 17, 2026
Mint Market Size to Reach USD 9.28 Billion by 2031 Driven by Premiumization, Sugar-Free Demand, and Online Expansion
Press

Mint Market Size to Reach USD 9.28 Billion by 2031 Driven by Premiumization, Sugar-Free Demand, and Online Expansion

The global market continues to show steady expansion, supported by changing consumer preferences and wider product availability. According...

by admin
April 17, 2026
Load More

Latest Post

High Potency APIs Market Size to Reach USD 49.59 Billion by 2031, Driven by Rising Precision Medicine Demand

High Potency APIs Market Size to Reach USD 49.59 Billion by 2031, Driven by Rising Precision Medicine Demand

by admin
April 18, 2026

Home Ventilation System Market to Reach USD 41.12 Billion by 2031, Says Mordor Intelligence

Home Ventilation System Market to Reach USD 41.12 Billion by 2031, Says Mordor Intelligence

by admin
April 18, 2026

$44.3 Billion by 2035 — How Code Intelligence Is Transforming Software Development Lifecycle

$44.3 Billion by 2035 — How Code Intelligence Is Transforming Software Development Lifecycle

by admin
April 17, 2026

$52.8 Billion by 2035 — How AI-Powered Security Analytics Is Outsmarting Cyber Threats

$52.8 Billion by 2035 — How AI-Powered Security Analytics Is Outsmarting Cyber Threats

by admin
April 17, 2026

$187.5 Billion by 2035 — How Generative AI Is Turning Digital Assistants into Proactive Partners

$187.5 Billion by 2035 — How Generative AI Is Turning Digital Assistants into Proactive Partners

by admin
April 17, 2026

$8.9 Billion by 2035 — How AI-Powered IVR Is Eliminating Menu Fatigue

$8.9 Billion by 2035 — How AI-Powered IVR Is Eliminating Menu Fatigue

by admin
April 17, 2026

[adrotate group="1"]

MENANEWS provides press release distribution services for businesses, organizations and other entities with the need to reach media outlets in Europe, Middle east and Africa (MENANEWS) Submit press release or contact us today.

Share Us

CATEGORIES

MIDDLE EAST
NORTH AFRICA
GLOBAL
BUSINESS
FINANCE
TECHNOLOGY
PRESS

Subscribe To Our Newslatter

    © 2026 Copyright MENANEWS.CLUB
    No Result
    View All Result
    • Middle East
    • North Africa
    • Global
    • Business
    • Finance
    • Technology
    • Press
    • About Us
      • Press Release Distribution Services
      • Submit Press Release
      • Contact Us

    © Copyright MenaNews.club™