Berg Insight estimates that the revenues generated by on-device AI solutions reached US$ 10.1 billion in 2024, an increase of 22 percent year-on-year. This figure includes AI SoCs/SoMs, AI accelerators, AI MCUs and specialised on-device AI software and platforms, but excludes revenues generated by non-IoT applications such as smartphones, tablets and personal computers. The market is expected to grow to US$ 30.6 billion in 2029, representing a CAGR of 25 percent. Get up to date with the latest trends and developments with this unique 90-page report.
Highlights from the report:
- Insights from numerous executive interviews with market leading companies.
- 360-degree overview of the on-device AI ecosystem.
- Market value forecast for on-device AI hardware and software until 2029.
- Market shares for 40 key on-device AI hardware and software providers.
- Detailed profiles of 31 key on-device AI hardware and software providers.
- Use case descriptions across the most important industry verticals.
- In-depth analysis of market trends and key developments.
Table of Contents
Table of Contents
List of Figures
Executive Summary
1. Introduction
- 1.1. Cloud vs on-device processing
- 1.1.1. On-device processing
- 1.1.2. Cloud processing
- 1.1.3. Edge data centre processing
- 1.1.4. Hybrid approaches
- 1.2. AIoT: The convergence of AI and IoT
- 1.2.1. What constitutes an IoT device?
- 1.2.2. IoT connectivity options
- 1.3. Artificial intelligence technology overview
- 1.3.1. Artificial intelligence
- 1.3.2. Machine learning
- 1.3.3. Deep learning
- 1.3.4. Generative AI
- 1.4. On-device AI ecosystem
- 1.4.1. On-device AI hardware
- 1.4.2. On-device AI software
- 1.4.3. On-device AI models
- 1.4.4. On-device AI platforms
2. Market Analysis
- 2.1. The on-device AI industry landscape
- 2.1.1. AI SoC/SoM providers
- 2.1.2. AI accelerator providers
- 2.1.3. AI MCU providers
- 2.1.4. On-device AI platform providers
- 2.2. Market sizing and forecast
- 2.2.1. Automotive on-device AI market size
- 2.2.2. IoT on-device AI market size
- 2.2.3. On-device GenAI vs non-GenAI market size
- 2.2.4. On-device AI processor shipments
- 2.3. Solution provider market shares
- 2.4. Vertical adoption and use cases
- 2.4.1. On-device AI in automotive IoT applications
- 2.4.2. On-device AI in industrial IoT applications
- 2.4.3. On-device AI in wearables
- 2.4.4. On-device AI in retail IoT applications
- 2.4.5. On-device AI in buildings & security IoT applications
- 2.4.6. On-device AI in smart home applications
- 2.4.7. On-device AI in other IoT applications
3. Company Profiles and Strategies
- 3.1. Ambarella
- 3.2. Ambiq
- 3.3. Advanced Micro Devices (AMD)
- 3.4. Apple
- 3.5. Axelera
- 3.6. Black Sesame Technologies
- 3.7. DEEPX
- 3.8. EdgeCortix
- 3.9. Edge Impulse
- 3.10. EmbedUR
- 3.11. Hailo
- 3.12. Horizon Robotics
- 3.13. Hugging Face
- 3.14. Intel
- 3.15. MediaTek
- 3.16. MemryX
- 3.17. Mobileye
- 3.18. Mythic
- 3.19. Nota AI
- 3.20. NVIDIA
- 3.21. NXP Semiconductors
- 3.22. Qualcomm
- 3.23. Renesas Electronics
- 3.24. Rockchip
- 3.25. SigmaStar
- 3.26. SiMa
- 3.27. STMicroelectronics
- 3.28. Synaptics
- 3.29. Syntiant
- 3.30. Tesla
- 3.31. Texas Instruments
- List of Acronyms and Abbreviations