Edge AI Software Market Outlook 2024:Recent Developments and Business Insights
Overview
The Global Edge AI Software Market is expected to reach a value of USD 1.6 billion by the end of 2024, and it is further anticipated to reach a market value of USD 18.8 billion by 2033 at a CAGR of 31.6%.
The Edge AI Software Market is witnessing rapid growth as businesses increasingly leverage edge computing to bring AI capabilities closer to data sources. This market includes software solutions that enable AI processing on edge devices, such as smartphones, IoT devices, and autonomous systems, allowing for real-time data analysis and decision-making.