According to consulting company ABI Research, the global market for software as a service (SaaS) and turnkey services related to artificial intelligence (AI) at the edge of the cloud will grow at an average of 46% per year from 2020 to 2025. … If this forecast comes true, this market will reach $ 7.2 billion by 2025. It will account for 25% of the global edge AI market, which is estimated at $ 28 billion in 2025. In addition to the segment under consideration, it includes a specialized element base and professional services.
As the benefits of edge AI become more apparent, enterprises are looking for appropriate low-latency, fully secured solutions for data-driven decision making.
Recognizing this huge market opportunity, public cloud providers have joined the ecosystem by offering edge AI development boards, hardware systems, software tools, and cloud services. Google was the first to offer Edge TPU and boards based on it. AWS and Azure followed suit with their hardware and software products. As a result, the barrier to entry into the edge AI ecosystem for existing cloud users has dropped significantly. In fact, there is no longer any need for previous experience in creating such solutions. This has led to the emergence of startups specializing in software-as-a-service and managed services for the design, development and deployment of edge AI. The source cites Edge Impulse, Ekkono Solutions, Imagimob, Mispsology, Qeexo, and SensiML as examples.
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