Edge AI Chips Market Insights Video

According to Cognitive Market Research, the global Edge AI Chips market size was USD 25142.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 27.00% from 2024 to 2031.

• North America held the major market share for more than 40% of the global revenue with a market size of USD 10056.88 million in 2024 and will grow at a compound annual growth rate (CAGR) of 25.2% from 2024 to 2031.
• Europe accounted for a market share of over 30% of the global revenue with a market size of USD 7542.66 million.
• Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 5782.71 million in 2024 and will grow at a compound annual growth rate (CAGR) of 29.0% from 2024 to 2031.
• Latin America had a market share of more than 5% of the global revenue with a market size of USD 1257.11 million in 2024 and will grow at a compound annual growth rate (CAGR) of 26.4% from 2024 to 2031.
• Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 502.84 million in 2024 and will grow at a compound annual growth rate (CAGR) of 26.7% from 2024 to 2031.
• The CPU is the fastest growing segment of the Edge AI Chips industry