Edge AI Market Growth Opportunities and Trends by Leading Manufacturers 2030
The global edge AI market was valued at approximately USD 20.78 billion in 2024 and is projected to grow substantially, reaching around USD 66.47 billion by 2030. This represents a strong compound annual growth rate (CAGR) of 21.7% from 2025 to 2030. The rapid expansion of the market is primarily driven by the growing need for real-time data processing and analysis closer to the source of data generation, known as the network edge. The increasing data volumes generated by connected devices and the rising adoption of Internet of Things (IoT) and smart technologies have made centralized cloud processing insufficient for time-sensitive applications. This has shifted attention toward edge AI a paradigm that combines edge computing and artificial intelligence to deliver faster insights and decision-making without relying on cloud servers. Several industries are actively embracing edge AI to gain operational advantages. Healthcare, for instance, is leveraging edge AI for...