Comprehensive Analysis of the Embedded AI Market: Growth Drivers and Opportunities

According to the study by Next Move Strategy Consulting, the Embedded AI Market size is predicted to reach USD 30.60 billion with a CAGR of 15.1% by 2030.

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The surge in the adoption of smart devices such as smartphones, wearables, and home automation systems are significantly boosting the market growth.

Moreover, the rising investments in research and development by technology companies and startups are also driving the embedded AI market growth.

North America dominates the global embedded AI market share and is potently expected to remain dominant in the market throughout the forecast period.

Various key market players operating in the embedded AI industry include Microsoft Corporation, Qualcomm Inc., Intel Corporation, Google LLC, NVIDIA Corporation, NXP Semiconductors, STMicroelectronics, Renesas Electronics Corporation, SenseTime, and Horizon Robotics.