The edge AI market is anticipated to expand at a CAGR of 20.8% during the forecast period. According to forecasts, the market is projected to be valued at US$ 39,618.3 Mn by 2032, up from US$ 5,970.7 Mn in 2022. The growing demand for edge AI in end-use industries such as telecommunication, IT, electronics, and automobiles is …
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Edge AI Market Analysis: Anticipated CAGR of 20.8% to Propel Industry Beyond US$ 39,618.3 Million by 2032
The edge AI market is expected to grow steadily, with a CAGR of 20.8% over the forecast period. According to a report from FMI (Futures Markets Insights), by the year 2032, this market is projected to be worth approximately US$ 39,618.3 million. This is a significant increase from its estimated value of US$ 5,970.7 million in 2022. The growing demand …
Edge AI Market is anticipated to be valued at US$ 39,618.3 Mn by 2032
During the projection period, it is anticipated that the edge AI market would grow at a CAGR of 20.8%. By 2032, the market is expected to be worth US$ 39,618.3 Mn, up from US$ 5,970.7 Mn in 2022, according to FMI. Highlighting Positive Elements Driving the Market for Edge AI: End-user sectors like autonomous, predictive …
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