Increase in the Use of Embedded AI in Network Devices Globally to Bolster the Growth of the Market

Published: Sep 2023

The global Embedded AI market is anticipated to grow at a considerable CAGR of 9.6% during the forecast period (2023-2030). The increasing demand for advanced technologies that can provide personalized and adaptive experiences to users to boost the adoption of embedded Al solutions in the market. The demand for personalized experiences has led to the integration of Al capabilities into various embedded systems.The program explores the specialized tools, frameworks, technologies, platforms, and methods used to create exciting new embedded AI devices.

Browse the full report description of “Embedded AI Market Size, Share & Trends Analysis Report by Offering (Hardware, Software, and Services), by Data Type (Numerical Data, Categorical Data, and Image & Video Data), and by Vertical (BFSI, Healthcare & Lifesciences, IT & Telecom, Automotive, Media & Entertainment, Energy & Power, Transportation & Logistics, Government & Defense, Manufacturing and Others), Forecast Period (2023-2030)” at https://www.omrglobal.com/industry-reports/embedded-ai-market

For instance, in August 2023, CAMS launched AI-embedded KYC to onboard customers instantly. CAMSKRA, a CAMS subsidiary and a leading KRA (KYC Registration Agency) serving capital market players, has simplified the KYC registration process by leveraging Artificial intelligence (AI) to verify and confirm the KYC status of new customers. The growing demand for intelligent and autonomous systems for personalized experience is further driving the development and adoption of embedded Al solutions.

In May 2023, SAP SE and IBM Corp. announced that IBM Watson technology embedded into SAP solutions to provide new AI-driven insights and automation to help accelerate innovation and create more efficient and effective user experiences across the SAP solution portfolio. Artificial intelligence (AI) is being incorporated into small, low-power embedded computing devices for consumer electronics, industry, and the Internet of Things (IoT). For instance, in March 2022, NVIDIA launched the embedded AI computing platform for medical devices and computational sensing systems. .

Market Coverage

The market number available for – 2022-2030

Base year- 2022

Forecast period- 2023-2030

Segment Covered- 

o By Offering

o By Data Type

o By Vertical

Regions Covered-

o North America

o Europe

o Asia-Pacific

o Rest of the World

Competitive Landscape- includes Google LLC, IBM Corp., Microsoft Corp., Amazon Web Services, Inc., NeuroPace, Inc., and others.

Key questions addressed by the report

What is the market growth rate?

Which segment and region dominate the market in the base year?

Which segment and region will project the fastest growth in the market?

Who is the leader in the market?

How are players addressing challenges to sustain growth?

Where is the investment opportunity?

Global Embedded AI Market Report Segment

By Offering

  • Hardware
  • Software
  • Services

By Data Type

  • Numerical Data
  • Categorical Data
  • Image & Video Data

By Vertical

  • BFSI
  • Healthcare & Lifesciences
  • IT & Telecom
  • Automotive
  • Media & Entertainment
  • Energy & Power
  • Transportation & Logistics
  • Government & Defense
  • Manufacturing
  • Others

Global Embedded AI Market Report Segment by Region

North America

United States

Canada

Europe

UK

Germany

Italy

Spain

France

Rest of Europe 

Asia-Pacific

China

India

Japan

South Korea

Rest of Asia-Pacific 

Rest of the World

Latin America 

Middle East & Africa


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