Ultra-Low Power AI SoC Market Trends and Forecast
The future of the global ultra-low power AI SoC market looks promising with opportunities in the office building, factory, warehouse, and smart home markets. The global ultra-low power AI SoC market is expected to grow with a CAGR of 14.7% from 2024 to 2030. The major drivers for this market are rising deployment of edge computing solutions for real-time AI inference, increasing demand for IOT devices, and growth in wearable technology.
• Lucintel forecasts that single core is expected to witness higher growth over the forecast period.
• Within this market, office building is expected to witness the highest growth.
• APAC is expected to witness the highest growth over the forecast period.
Country Wise Outlook for the Ultra-Low Power AI SoC Market
• United States - Intel announced its roadmap for ultra-low power AI SoCs, targeting energy-efficient edge computing. The government supports research grants for AI hardware innovation.
• China - Huawei unveiled its Kirin series with enhanced AI capabilities, aligning with national goals for AI leadership and sustainable development.
• South Korea - Samsung Electronics launched Exynos AI SoC, focusing on energy efficiency for the mobile and IoT applications, supported by government subsidies for semiconductor R&D.
• Germany - Infineon Technologies introduced AI-enabled microcontrollers, aimed at automotive and industrial sectors, backed by government funding for AI-driven innovation in manufacturing.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Ultra-Low Power AI SoC Market by Segment
The study includes a forecast for the global ultra-low power AI SoC market by type, application, and region.
Ultra-Low Power AI SoC Market by Type [Value from 2018 to 2030]:
• Single Core
• Dual Core
Ultra-Low Power AI SoC Market by Application [Value from 2018 to 2030]:
• Office Buildings
• Factories
• Warehouses
• Smart Homes
• Others
Ultra-Low Power AI SoC Market by Region [Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Ultra-Low Power AI SoC Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies ultra-low power AI SoC companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the ultra-low power AI SoC companies profiled in this report include-
• Qualcomm
• ADI
• Intel
• ROHM
• Digital Media Professionals
• Himax Technologies
• Embedded A.I Systems
Recent Development in the Ultra-Low Power AI SoC Market
• Intel: Intel launched the Intel Atom® P5900, a low-power AI SoC designed for 5G network and edge computing applications, offering high performance with energy efficiency.
• Huawei: Huawei announced the HiSilicon Kirin 990 5G chipset featuring integrated AI capabilities for smartphones, focusing on enhanced energy efficiency and performance.
• Samsung Electronics: Samsung introduced the Exynos 2100 AI SoC, integrating AI processing units for mobile devices, emphasizing energy efficiency and advanced AI functionalities.
• NVIDIA: NVIDIA unveiled the Jetson Nano 2GB Developer Kit, aimed at edge AI applications with low power consumption, supporting developers in creating AI solutions for IoT and robotics.
Features of the Global Ultra-Low Power AI SoC Market
Market Size Estimates: Ultra-low power ai SoC market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Ultra-low power ai SoC market size by type, application, and region in terms of value ($B).
Regional Analysis: Ultra-low power ai SoC market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the ultra-low power AI SoC market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the ultra-low power AI SoC market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for ultra-low power AI SoC market?
Answer: The global ultra-low power AI SoC market is expected to grow with a CAGR of 14.7% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the ultra-low power AI SoC market?
Answer: The major drivers for this market are rising deployment of edge computing solutions for real-time AI inference, increasing demand for IOT devices and growth in wearable technology.
Q3. What are the major segments for ultra-low power AI SoC market?
Answer: The future of the ultra-low power AI SoC market looks promising with opportunities in the office building, factory, warehouse, and smart home markets.
Q4. Who are the key ultra-low power AI SoC market companies?
Answer: Some of the key ultra-low power AI SoC companies are as follows:
• Qualcomm
• ADI
• Intel
• ROHM
• Digital Media Professionals
• Himax Technologies
• Embedded A.I Systems
Q5. Which ultra-low power AI SoC market segment will be the largest in future?
Answer: Lucintel forecasts that single core is expected to witness higher growth over the forecast period.
Q6. In ultra-low power AI SoC market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness the highest growth over the forecast period.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the ultra-low power AI SoC market by type (single core and dual core), application (office buildings, factories, warehouses, smart homes, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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