Edge AI Market To Surpass USD 143.6 Billion by 2032 || CAGR of 25.9%
The Edge AI market refers to the rapidly growing sector within artificial intelligence (AI) that focuses on deploying AI algorithms and models directly on edge devices, such as smartphones, IoT devices, cameras, and more, rather than relying on cloud-based processing. This approach brings the computational power and decision-making capabilities of AI closer to the data source, enabling real-time processing, reduced latency, enhanced privacy, and efficient bandwidth usage. The Edge AI Market is anticipated to achieve a value of roughly USD 143.6 Billion by 2032, a substantial rise from its 2022 value of USD 15.2 Billion. This progress is expected to unfold at a compound annual…
- Date: August 24, 2023
- Author: Thomas Bretz
- Category: Taiwan News