US Edge AI hardware Market
ID: MRFR/SEM/12570-US | 100 Pages | Author: Garvit Vyas| December 2023
Several factors have caused the need for Edge AI hardware in the United States to soar. One major factor is the widespread growth of Internet of Things (IoT) devices in myriad fields. As businesses go smart and connected, there is a pressing need for processing resources are available at the edge. By doing on-device processign, edge AI hardware enables real time decision making. From smart homes and cities to industrial automation and healthcare, there are so many applications in need of this. Another major reason for the need for Edge AI hardware in the US is the push towards autonomous systems and vehicles. As the automotive industry incorporates AI-based functions such as autonomous driving and advanced driver assistance systems, pressure to develop powerful, resource-efficient hardware at the edge also increases.
However, given the enormous volumes of data generated by sensors and cameras in real-time, Edge AI hardware is crucial in enabling all those autonomous systems to stay safe and reliable. In addition, there is an increasing tendency toward edge AI solutions with privacy and security in mind. As people grow increasingly worried about data security, especially in applications that are particularly sensitive such as healthcare and finance, security functions are built directly into the hardware. This spans from edge to the back-end, including hardware-level encryption, secure boot processes and other measures of data protection at the level of AI processing. At the same time, edge AI has become a trend in the Edge AI hardware market. Edge AI as a service (AIaaS). Leveraging this model, businesses can enjoy the benefits of AI without having to make huge investments in dedicated hardware infrastructure.
Many Edge AIaaS providers also offer scalable and flexible solutions, freeing organizations from the complexity of managing and maintaining their own dedicated hardware resources to implement edge computing. Moreover, the healthcare industry is an important source of Edge AI hardware demand in the US. As telemedicine, wearable devices and AI-assisted diagnostics become more common, edge computing in healthcare is also developing rapidly. Medical devices can process and analyze data locally thanks to edge AI hardware, which means faster response times and less pressure on central systems. It is especially important in healthcare, where rapid decision-making means the difference between life and death for patients. In addition, the retail business is also helping generate the need for Edge AI hardware in terms of improving customer experiences. Edge computing is on the rise, helping retailers to design more efficient and personalized services with smart shelves to cashierless checkout systems as well as personalized marketing using AI.
Edge AI hardware makes these retail applications run smoothly, allowing consumers to shop with a responsive and immersive experience. The digitalization boom also extends to manufacturing and logistics, which are thirsting for Edge AI hardware. Driven by factors such as the need to optimize production processes, monitor equipment health, or improve supply chain efficiency, many companies are now using edge computing. These industries depend on Edge AI hardware that is capable of local processing and real-time analytics to push operational efficiency and reduce latency. Another factor driving demand for Edge AI hardware in the US is an increasing focus on data privacy and security.
As organizations become increasingly aware of the need to protect sensitive data, there is a preference for on-device processing in order to reduce the risks brought about by sending information back and forth between centralized cloud servers. With edge AI hardware, local data processing assuages privacy concerns and is compliant with regulations in the United States.
Nevertheless, the educational field is also seeing growing demand for Edge AI hardware as schools and universities introduce smart classrooms and AI-enhanced teaching aids. In particular, edge computing in education enhances the efficiency of remote learning platforms and enables personalized learning. It also allows students to collaborate with teachers remotely in real time.
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