Global AI-based Edge Computing Chip Market Trends | Market Set to Grow at a CAGR of 19.31% by 2029

The AI-based edge computing chip integrates artificial intelligence algorithms and edge computing capabilities, and can conduct real-time and efficient data processing and analysis on local devices. Edge computing makes computing and data storage closer to data collection devices. Therefore, AI-based edge computing chips have technical advantages such as efficient computing, low-power design, real-time processing, etc. ‌‌
Overview of Market Development
In recent years, with the continuous progress of manufacturing technology, architecture innovation has emerged in endlessly. The AI-based edge computing chip industry chain has become increasingly perfect, and its market has also shown a trend of rapid growth. According to our research data, the global AI-based edge computing chip market revenue is expected to reach $9.37 billion dollars in 2024, an increase of 18.17% over 2023.
In the future, the rapid growth of edge computing market will drive the application demand of AI chips in edge computing. In addition, with the development of technologies such as AI, 5G, and the Internet of Things, the demand for chips will continue to grow, with broad prospects. It is estimated that by 2029, the revenue of the global AI-based edge computing chip market will increase to $22.65 billion. The CAGR for 2024-2029 is expected to reach 19.31%.
Segmented Market Analysis
From the perspective of product types, AI-based edge computing chips can generally be subdivided into 7 nm chips, 12 nm chips and 16 nm chips according to the size of the internal transistors (or the fineness of the manufacturing process). Among them, 12 nm chips dominate the market, and the market share is expected to reach 61.69% in 2024.
From the perspective of downstream application pattern, AI-based edge computing chips are mainly used in consumer devices (such as mobile phones, tablets, wearables, etc.) and enterprise devices. Among them, consumer devices occupy a larger share of the downstream application market, estimated to be 86.18% in 2024.

Global AI-based Edge Computing Chip Market Revenue Forecast and Market Segment Analysis 

Global AI-based Edge Computing Chip Market Revenue Forecast and Market Segment Analysis

Source: www.globalmarketmonitor.com
Market Analysis of Major Regions/Countries
From a regional perspective, the global AI-based edge computing chip market is mainly concentrated in North America, Europe and Asia Pacific. Among them, the Asia Pacific region is the largest revenue market, and its AI edge computing chip market revenue accounts for nearly 60% of the global total revenue. From a national perspective, China is the largest revenue generating country. Data shows that in 2024, China's AI-based edge computing chip market revenue is expected to reach $4521 million, with a market share of 48.26%.
Global AI-based Edge Computing Chip Market Revenue and Market Share by Region Forecast in 2024

Regions/Countries

Market Revenue (Million USD)

Market Share

North America

2064

22.03%

Europe

1774

14.67%

China

4521

48.26%

Japan

441

4.71%

India

119

1.27%

Southeast Asia

235

2.51%

Others

614

6.55%

Source: www.globalmarketmonitor.com


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