Edge AI ICs Market Forecast: USD 8132 Million by 2030 with 16.5% CAGR, Transforming Robotics, Smart Cities, and Automotive Sectors | Valuates Reports | PR Newswire [Video]

Edge AI ICs Market is Segmented by Type (Audio And Sound Processing, Machine Vision, Sensor Data Analysis), by Application (Automotive, Robotics, Smart Manufacturing, Smart City, Security & Surveillance).

, /PRNewswire/ — The global Edge AI ICs market is projected to grow from USD 3246 Million in 2024 to USD 8132 Million by 2030, at a Compound Annual Growth Rate (CAGR) of 16.5% during the forecast period.

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Major Factors Driving the Growth of Edge AI ICs Market:

The Edge AI ICs market is experiencing rapid growth as industries seek real-time data processing and localized AI solutions. Factors like the expansion of IoT, adoption in autonomous systems, and advancements in 5G networks propel market demand. Edge AI ICs enable efficient, low-latency processing across sectors including healthcare, automotive, retail, and smart cities. As businesses and governments prioritize faster, more secure processing capabilities, the adoption of Edge AI ICs is expected to increase.

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