Embedded AI Market Share

APAC Market Statistics

By 2036, Asia Pacific region is projected to account for around 43% embedded AI market share. The rapid growth of e-commerce and digital transformation in the retail sector is a significant driver for embedded AI in the Asia-Pacific region. Embedded AI technologies contribute to personalized recommendations, supply chain optimization, and fraud detection in e-commerce platforms.

The Asia-Pacific e-commerce sales are assessed to reach USD 3.5 trillion by 2025. The emphasis on smart cities and urban development initiatives is a key growth driver for embedded AI in the Asia-Pacific region. As countries invest in building sustainable and technologically advanced cities, embedded AI technologies contribute to intelligent infrastructure, efficient energy management, and enhanced public services.

North American Market Analysis

The embedded AI market in the North America region is foreseen to hold the second-largest share between 2023 and 2036. In North America, a thriving ecosystem of research institutions, universities, and technology companies collaborates to push the boundaries of AI capabilities. The synergy between academic research and private-sector innovation creates an environment conducive to the growth of embedded AI.

This commitment to R&D positions North America as a frontrunner in driving advancements in embedded AI technologies. North America, particularly the United States, has been at the forefront of adopting artificial intelligence across various industries. The high adoption rate signifies the region's willingness to integrate AI technologies into business operations. This widespread acceptance creates a fertile ground for the growth of embedded AI, as organizations seek to leverage the benefits of AI in enhancing efficiency, decision-making, and customer experiences. The pioneering role of North America in AI adoption extends to the development and implementation of embedded AI applications, from intelligent automation in manufacturing to AI-driven analytics in healthcare.

Frequently Asked Questions (FAQ)

Increasing demand for the IT & ITES sector is the major factor driving the market growth.

The market size of embedded AI is anticipated to attain a CAGR of 8% over the forecast period, i.e., 2024-2036.

The major players in the market are NVIDIA Corporation, Intel Corporation, Qualcomm Technologies, Inc., ARM Holdings (Acquired by NVIDIA), Google LLC, Microsoft Corporation, IBM Corporation, MediaTek Inc., Texas Instruments Incorporated, Advanced Micro Devices, Inc., Renesas Electronics Corporation, Sony Corporation, Toshiba Corporation, Omron Corporation, NEC Corporation.

The software segment is anticipated to garner the largest market size of almost 62% by the end of 2036 and display significant growth opportunities.

The market in the Asia Pacific region is projected to hold the largest market share of 43% by the end of 2036 and provide more business opportunities in the future.

Embedded AI Market Share