Analysis: When Will the Edge AI Chip Market Bloom?
Explore the rapid growth of AI chips in data centers and what it will take for the stagnating Edge AI market to experience similar growth.
We’ve seen AI chip market for data center grow at a ridiculous pace from $1.6 billion in 2018 to $138 billion in 2024. This represents a gain of 8X over the period of six years. The growth follows investors’ dream hockey stick curve and Nvidia, along with hyperscalers have been the key beneficiaries of the boom.
Several eyes are now on the Edge AI market and all are wondering what will it take for Edge AI to experience similar growth. Edge AI market was bigger than data center until 2022 driven by NPU in smartphones. The market has stagnated since and current projections are flat. What will it take for the edge market to experience similar hockey stick curve? We analyze key factors that’ll drive it.
