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Edge computing and terminal AI chip market grows steadily

May 27, 2023 pm 07:59 PM
edge computing market growth

The edge computing and terminal AI chip market is growing steadily

News on May 26, Flush News showed that the latest research report from Centaline Securities pointed out that with the gradual maturity of artificial intelligence, 5G, Internet of Things and other technologies, the edge computing server and edge smart chip market is growing steadily. The upgrade and development of terminal AI chips will benefit from the accelerated application of AIGC. Amlogic, Hengxuan Technology and VeriSilicon are edge and terminal AI SoC chip companies worth paying attention to.

Edge computing and terminal AI chip market grows steadily

Due to the rapid development of artificial intelligence, 5G and the Internet of Things, the edge computing and terminal AI chip market has huge development potential. Edge computing is an emerging computing model that extends computing resources from the cloud to edge devices closer to users, providing lower latency and more efficient data processing and analysis capabilities. As a key technology that supports the intelligence of terminal equipment, terminal AI chips have the characteristics of low power consumption and high performance, and have become a key driving force for terminal equipment to realize intelligent functions.

According to market research data, the edge computing server market is showing steady growth. Market research firm TrendForce predicts that the edge computing products and services market will grow at a compound annual growth rate of more than 30% from 2018 to 2022. This growth rate may open up a market space of hundreds of billions of dollars. According to data from market research firm Gartner, 75% of data will be generated at the edge by 2025. By the end of 2023, more than 50% of large enterprises will have deployed at least 6 or more edge computing applications, mainly for the Internet of Things or immersive computing. Edge computing experience. The advantage of edge computing is to push data processing and storage to edge devices close to the data source to achieve rapid response and real-time decision-making. It is especially suitable for fields such as the Internet of Things, smart cities, and smart manufacturing.

At the same time, the terminal AI chip market also faces broad development space. The global artificial intelligence chip market size will reach US$25.5 billion in 2021, which is based on data released by Frost & Sullivan. It is expected that the global artificial intelligence chip market will grow at a compound growth rate of 29.3% from 2021 to 2026, reaching US$49 billion in 2023. Terminal AI chips integrate AI computing capabilities into terminal devices to achieve device intelligence and edge computing optimization, providing users with faster and more personalized intelligent services.

AIGC is a company focusing on terminal AI chips. Under the current market trend, it has significant potential to accelerate the application of intelligence on terminal devices. Its efficient AI processing capabilities have won it market recognition. According to data from Tianshu Intelligent Core, Nvidia’s market share in China’s cloud AI training chips will reach 90% in 2021.

Amlogic is one of China’s leading edge computing chip providers. The company focuses on providing high-performance and low-power solutions for edge computing and has achieved remarkable results in areas such as smart security, industrial Internet of Things, and smart transportation. According to the data shown in the research report of Zhongyuan Securities, Amlogic has a key market position in the field of edge computing chips.

Hengxuan Technology is a company focused on the research, development and production of terminal AI SoC chips. Many terminal equipment manufacturers favor Hengxuan Technology's chips because of their competitive advantages in performance and power consumption.

VeriSilicon is a company dedicated to the research and development of terminal AI SoC chips. Its products cover multiple fields such as mobile smart terminals, smart homes, and smart wearables. VeriSilicon has successfully entered domestic and foreign markets with its innovative technology and excellent product quality. According to a research report from Centaline Securities, VeriSilicon has high growth potential in the terminal AI chip market, and its market share is expected to continue to grow in the next few years.

The edge computing and terminal AI chip markets are ushering in new development opportunities. As technologies such as artificial intelligence, 5G and the Internet of Things gradually mature, the demand for edge computing servers and terminal AI chips is also growing. Companies such as AIGC, Jingchen Technology, Hengxuan Technology and VeriSilicon will benefit from the rapid expansion of the industry and have good development prospects.

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