Stockreport
Edge AI Hardware Market worth $58.90 billion by 2030 - Exclusive Report by MarketsandMarkets™ [Yahoo! Finance]
Last qualcomm incorporated earnings: 4/29 04:01 pm
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US:NASDAQ Investor Relations: qualcomm.com/info/investor-relations
in 2025, at a compound annual growth rate (CAGR) of 17.6% according to a new report by MarketsandMarkets™. A key market driver for edge AI hardware is the growing deployment of IoT devices across various industries, including smart homes, industrial automation, healthcare, and transportation. Many of these applications require real-time data processing so decision-making can occur locally rather than in the cloud. Also, with IoT device implementations, we are seeing more and more demands for lower latency with enhanced privacy and data security as edge AI allows sensitive data and information to be processed locally on devices rather than sent to another location to be processed externally. Further, improvements in hardware architectures that strengthen energy-efficient designs and provide solutions designed based on specific industries have significantly impacted market growth. The upsurge of new, high-performance processors and new software platforms is altering operational workflow
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