Global Embedded AI Market Size study & Forecast, by Offering, by Data Type, by Vertical, and Regional Analysis, 2023-2030

Description

List of Tables

Global Embedded AI Market is valued approximately USD 8.2 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 14% over the forecast period 2023-2030. Embedded AI refers to the integration of artificial intelligence (AI) capabilities directly into devices, systems, or applications, enabling them to process data, make intelligent decisions, and perform tasks without relying on cloud-based resources. By embedding AI algorithms and models into edge devices, such as sensors, appliances, or industrial machinery, embedded AI enables real-time data analysis, local inference, and autonomous operation, enhancing efficiency, responsiveness, and intelligence at the edge of the network. The driving factors boosting the market growth are increasing demand for Artificial Intelligence (AI) and growing demand for Real-Time Decision-Making.

According to Statista, the global AI market estimated to be worth USD 142.3 billion as of 2023, continues to grow by the influx of investments. The overall annual corporate investment in AI startups climbed by five billion dollars between 2020 and 2022, roughly double the amount invested previously. Another driving factor is growing demand for Real-Time Decision-Making. Many applications require real-time decision-making capabilities, such as autonomous vehicles, robotics, and industrial automation. Embedded AI allows for instant data analysis and decision-making at the edge, eliminating the need for data transmission to a centralized system and enabling faster response times. Moreover, deployment of 5G networks coupled with Edge AI and rising emphasis on ethical AI is expected to create lucrative opportunities in the market. However, the high cost of Embedded AI solutions and limited availability of skilled talent stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Embedded AI Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 due to the presence of companies with cutting-edge AI technology, strong R&D skills, rising demand for intelligence edge services, and an established market ecosystem. However, Asia Pacific is expected to become the fastest growing during the forecast period, owing to factors such as growing urbanization, a robust manufacturing base, rising IoT application demand, and improvements in AI technology. The Asia Pacific market offers enormous development prospects for Embedded AI technologies and solutions thanks to strong government support, a robust startup ecosystem, and investments in AI infrastructure.

Major market player included in this report are:

Qualcomm Technologies
Google LLC
Microsoft Corporation
International Business Machines Corporation (IBM)
Amazon Web services
Code Time Technologies
LUIS Technology
Oracle Corporation
Intel Corporation
Eigen Technologies

Recent Developments in the Market:

In April 2023, IBM launched Watson Edge for Financial Services, a solution that can be used by financial institutions to enhance customer service, fraud detection, and risk management.
In March 2023, IBM acquired Instana, an application performance monitoring software provider, in order to expand its edge AI capabilities and offers customers a holistic perspective on their applications. This move enhances IBM's ability to deliver comprehensive solutions for application monitoring and optimization.

Global Embedded AI Market Report Scope:

Historical Data: 2020 - 2021
Base Year for Estimation: 2022
Forecast period: 2023-2030
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Offering, Data Type, Vertical, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.

By Offering:

Hardware
Software
Services

By Data Type:

Sensor Data
Image and Video Data
Numeric Data
Categorical Data
Other Data

By Vertical:

BFSI
IT & ITES
Retail & E-commerce
Manufacturing
Energy & Utilities
Transportation & Logistics
Healthcare & Life Sciences
Media & Entertainment
Telecom
Automotive
Other Verticals

By Region:

North America

U.S.
Canada

Europe

UK
Germany
France
Spain
Italy
ROE

Asia Pacific

China
India
Japan
Australia
South Korea
RoAPAC

Latin America

Brazil
Mexico

Middle East & Africa

Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Embedded AI Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. Embedded AI Market, by Offering, 2020-2030 (USD Billion)
- 1.2.3. Embedded AI Market, by Data Type, 2020-2030 (USD Billion)
- 1.2.4. Embedded AI Market, by Vertical, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Embedded AI Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Embedded AI Market Dynamics

3.1. Embedded AI Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing demand for Artificial Intelligence (AI)
  - 3.1.1.2. Growing demand for Real-Time Decision-Making
- 3.1.2. Market Challenges
  - 3.1.2.1. High cost of Embedded AI solutions
  - 3.1.2.2. Limited availability of skilled talent
- 3.1.3. Market Opportunities
  - 3.1.3.1. Deployment of 5G Networks with Edge AI
  - 3.1.3.2. Rising emphasis on ethical AI

Chapter 4. Global Embedded AI Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Impact Analysis
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

Chapter 5. Global Embedded AI Market, by Offering

5.1. Market Snapshot
5.2. Global Embedded AI Market by Offering, Performance - Potential Analysis
5.3. Global Embedded AI Market Estimates & Forecasts by Offering 2020-2030 (USD Billion)
5.4. Embedded AI Market, Sub Segment Analysis
- 5.4.1. Hardware
- 5.4.2. Software
- 5.4.3. Services

Chapter 6. Global Embedded AI Market, by Data Type

6.1. Market Snapshot
6.2. Global Embedded AI Market by Data Type, Performance - Potential Analysis
6.3. Global Embedded AI Market Estimates & Forecasts by Data Type 2020-2030 (USD Billion)
6.4. Embedded AI Market, Sub Segment Analysis
- 6.4.1. Sensor Data
- 6.4.2. Image and Video Data
- 6.4.3. Numeric Data
- 6.4.4. Categorical Data
- 6.4.5. Other Data

Chapter 7. Global Embedded AI Market, by Vertical

7.1. Market Snapshot
7.2. Global Embedded AI Market by Vertical, Performance - Potential Analysis
7.3. Global Embedded AI Market Estimates & Forecasts by Vertical 2020-2030 (USD Billion)
7.4. Embedded AI Market, Sub Segment Analysis
- 7.4.1. BFSI
- 7.4.2. IT & ITES
- 7.4.3. Retail & E-commerce
- 7.4.4. Manufacturing
- 7.4.5. Energy & Utilities
- 7.4.6. Transportation & Logistics
- 7.4.7. Healthcare & Life Sciences
- 7.4.8. Media & Entertainment
- 7.4.9. Telecom
- 7.4.10. Automotive
- 7.4.11. Other Verticals

Chapter 8. Global Embedded AI Market, Regional Analysis

8.1. Top Leading Countries
8.2. Top Emerging Countries
8.3. Embedded AI Market, Regional Market Snapshot
8.4. North America Embedded AI Market
- 8.4.1. U.S. Embedded AI Market
  - 8.4.1.1. Offering breakdown estimates & forecasts, 2020-2030
  - 8.4.1.2. Data Type breakdown estimates & forecasts, 2020-2030
  - 8.4.1.3. Vertical breakdown estimates & forecasts, 2020-2030
- 8.4.2. Canada Embedded AI Market
8.5. Europe Embedded AI Market Snapshot
- 8.5.1. U.K. Embedded AI Market
- 8.5.2. Germany Embedded AI Market
- 8.5.3. France Embedded AI Market
- 8.5.4. Spain Embedded AI Market
- 8.5.5. Italy Embedded AI Market
- 8.5.6. Rest of Europe Embedded AI Market
8.6. Asia-Pacific Embedded AI Market Snapshot
- 8.6.1. China Embedded AI Market
- 8.6.2. India Embedded AI Market
- 8.6.3. Japan Embedded AI Market
- 8.6.4. Australia Embedded AI Market
- 8.6.5. South Korea Embedded AI Market
- 8.6.6. Rest of Asia Pacific Embedded AI Market
8.7. Latin America Embedded AI Market Snapshot
- 8.7.1. Brazil Embedded AI Market
- 8.7.2. Mexico Embedded AI Market
8.8. Middle East & Africa Embedded AI Market
- 8.8.1. Saudi Arabia Embedded AI Market
- 8.8.2. South Africa Embedded AI Market
- 8.8.3. Rest of Middle East & Africa Embedded AI Market

Chapter 9. Competitive Intelligence

9.1. Key Company SWOT Analysis
- 9.1.1. Company 1
- 9.1.2. Company 2
- 9.1.3. Company 3
9.2. Top Market Strategies
9.3. Company Profiles
- 9.3.1. Qualcomm Technologies
  - 9.3.1.1. Key Information
  - 9.3.1.2. Overview
  - 9.3.1.3. Financial (Subject to Data Availability)
  - 9.3.1.4. Product Summary
  - 9.3.1.5. Recent Developments
- 9.3.2. Google LLC
- 9.3.3. Microsoft Corporation
- 9.3.4. International Business Machines Corporation (IBM)
- 9.3.5. Amazon Web services
- 9.3.6. Code Time Technologies
- 9.3.7. LUIS Technology
- 9.3.8. Oracle Corporation
- 9.3.9. Intel Corporation
- 9.3.10. Eigen Technologies

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Embedded AI Market, report scope
TABLE 2. Global Embedded AI Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3. Global Embedded AI Market estimates & forecasts by Offering 2020-2030 (USD Billion)
TABLE 4. Global Embedded AI Market estimates & forecasts by Data Type 2020-2030 (USD Billion)
TABLE 5. Global Embedded AI Market estimates & forecasts by Vertical 2020-2030 (USD Billion)
TABLE 6. Global Embedded AI Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 7. Global Embedded AI Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global Embedded AI Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Embedded AI Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Embedded AI Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Embedded AI Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Embedded AI Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Embedded AI Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global Embedded AI Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. Global Embedded AI Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. U.S. Embedded AI Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 17. U.S. Embedded AI Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 18. U.S. Embedded AI Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 19. Canada Embedded AI Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 20. Canada Embedded AI Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21. Canada Embedded AI Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 22. UK Embedded AI Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 23. UK Embedded AI Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24. UK Embedded AI Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 25. Germany Embedded AI Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 26. Germany Embedded AI Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27. Germany Embedded AI Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 28. France Embedded AI Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 29. France Embedded AI Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30. France Embedded AI Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 31. Italy Embedded AI Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 32. Italy Embedded AI Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33. Italy Embedded AI Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 34. Spain Embedded AI Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 35. Spain Embedded AI Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36. Spain Embedded AI Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 37. RoE Embedded AI Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 38. RoE Embedded AI Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39. RoE Embedded AI Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 40. China Embedded AI Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 41. China Embedded AI Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42. China Embedded AI Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 43. India Embedded AI Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 44. India Embedded AI Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45. India Embedded AI Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 46. Japan Embedded AI Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 47. Japan Embedded AI Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48. Japan Embedded AI Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 49. South Korea Embedded AI Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 50. South Korea Embedded AI Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51. South Korea Embedded AI Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 52. Australia Embedded AI Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 53. Australia Embedded AI Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54. Australia Embedded AI Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 55. RoAPAC Embedded AI Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 56. RoAPAC Embedded AI Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57. RoAPAC Embedded AI Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 58. Brazil Embedded AI Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 59. Brazil Embedded AI Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60. Brazil Embedded AI Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 61. Mexico Embedded AI Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 62. Mexico Embedded AI Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63. Mexico Embedded AI Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 64. RoLA Embedded AI Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 65. RoLA Embedded AI Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66. RoLA Embedded AI Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 67. Saudi Arabia Embedded AI Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 68. South Africa Embedded AI Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 69. RoMEA Embedded AI Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 70. List of secondary sources, used in the study of global Embedded AI Market
TABLE 71. List of primary sources, used in the study of global Embedded AI Market
TABLE 72. Years considered for the study
TABLE 73. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Embedded AI Market, research methodology
FIG 2. Global Embedded AI Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Embedded AI Market, key trends 2022
FIG 5. Global Embedded AI Market, growth prospects 2023-2030
FIG 6. Global Embedded AI Market, porters 5 force model
FIG 7. Global Embedded AI Market, pest analysis
FIG 8. Global Embedded AI Market, value chain analysis
FIG 9. Global Embedded AI Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global Embedded AI Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global Embedded AI Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global Embedded AI Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global Embedded AI Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global Embedded AI Market, regional snapshot 2020 & 2030
FIG 15. North America Embedded AI Market 2020 & 2030 (USD Billion)
FIG 16. Europe Embedded AI Market 2020 & 2030 (USD Billion)
FIG 17. Asia pacific Embedded AI Market 2020 & 2030 (USD Billion)
FIG 18. Latin America Embedded AI Market 2020 & 2030 (USD Billion)
FIG 19. Middle East & Africa Embedded AI Market 2020 & 2030 (USD Billion)