Omdia Market Radar AI Processors for the Edge 2024

This technical report presents the Omdia Market Radar for AI Processors for the Edge in 2024. It outlines the projected growth of the market for artificial intelligence acceleration hardware at the edge, estimating an increase from $43 billion at the end of 2024 to $89.7 billion by 2029. The report details the driving factors behind this growth, including the rapid adoption of AI technologies and the evolving requirements of edge computing. It highlights a shift from GPUs to a more diverse ecosystem of architectures, including ASICs, FPGAs, and ASSPs. The report also discusses the implications of these trends for enterprises and technology vendors, providing insights into the competitive landscape and key players in the market. Furthermore, it examines the importance of performance per watt, energy efficiency, and the challenges related to software support in the development of AI processors for edge applications.