The global edge artificial intelligence chips market size was US$ 2.1 billion in 2021. The global edge artificial intelligence chips market is expected to grow to US$ 13.2 billion by 2030 by registering a compound annual growth rate (CAGR) of 20.1% during the study period, i.e., 2022-30.
Edge-based AI chips can significantly bring advancements to IoT devices by using lesser power and generating lesser heat. In addition, the fact that these chips can be easily integrated into any handheld device defines the scope of the overall industry. Further, edge artificial intelligence chips find a wide range of applications in smartphones, robots, etc.

Factors Influencing the Market
The demand for low latency and real-time processing features is growing swiftly. Machine learning techniques are used in edge AI to process data generated on the device itself. It reduces idleness and promotes instantaneous. The fact that edge AI enables real-time processes like data generation, learning, and inference will be advantageous for applications that entail real-time data processing. Thus, all of these benefits of the edge artificial intelligence chips will accelerate the growth of the edge artificial intelligence chips market during the analysis period.
The profitable applications of edge artificial intelligence chips in drones are projected to benefit the overall market during the study period. AI mobile processors efficiently manage the computational imaging applications in drones, robots, scrutiny cameras, etc. Apart from that, the demand for drones and robots is increasing across various verticals, including defence, healthcare, food & beverage, manufacturing, etc. Moreover, the fact that AI-based vision processing units (VPU) allow devices like drones to perform better decisions and reduce the risk of accidents will continue to amplify the growth of the global market during the study period.
On the contrary, the limited on-device training facilities are expected to impede the growth of the edge artificial intelligence chips market.

COVID-19 Impact Analysis
Since the outbreak of the COVID-19 pandemic, the COVID-19 disease has spread swiftly, affecting a wide range of populations across the world. The World Health Organization (WHO) also declared this pandemic as a national health emergency, which affected the Edge Artificial Intelligence Chips market in terms of manufacturing and demand. The pandemic resulted in aircraft terminations, travel bans, and quarantines, which impeded the raw material supply. Thus, it negatively affected the edge artificial intelligence chips market. However, the demand for consumer electronics, drones, robots, etc., is expected to rise at the same pace in the coming years as companies are focused on digitalization. Therefore, it will boost the growth of the edge artificial intelligence chips market.

Regional Analysis
North America is expected to hold dominance in the edge artificial intelligence chips market due to the rising investments in artificial intelligence-related technologies Further, a presence of a large number of industry giants, such as Advanced Micro Devices, Inc., Alphabet Inc., etc., will contribute to the growth of the market.

Competitors in the Market
Advanced Micro Devices, Inc.
Alphabet Inc.
Intel Corporation
Qualcomm Technologies, Inc.
Apple Inc.
Mythic Ltd.
Arm Limited
Samsung Electronics Co., Ltd.
NVIDIA Corporation
HiSilicon(Shanghai) Technologies CO., LIMITED
Xilinx Inc.
Other prominent players

Market Segmentation
The global edge artificial intelligence chips market segmentation focuses on Processor, Device, Function, and Region.
By Processor
CPU
GPU
ASIC
Others
By Device Type
Consumer Devices
Enterprise Devices
By Function
Training
Inference
By Regional Outlook
? North America
o The U.S.
o Canada
o Mexico
? Europe
? Western Europe
o The UK
o Germany
o France
o Italy
o Spain
o Rest of Western Europe
? Eastern Europe
o Poland
o Russia
o Rest of Eastern Europe
? Asia Pacific
o China
o India
o Japan
o Australia & New Zealand
o ASEAN
o Rest of Asia Pacific
? Middle East & Africa (MEA)
o UAE
o Saudi Arabia
o South Africa
o Rest of MEA
? South America
o Brazil
o Argentina
o Rest of South America