Edge AI Hardware Market to Reach $30.74 Billion by 2026, Growing to $68.73 Billion by 2031
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
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Source: Globenewswire
- Market Growth Forecast: The Edge AI hardware market is projected to grow from $30.74 billion in 2026 to $68.73 billion by 2031, reflecting a CAGR of 17.46%, driven by increasing demand for on-device inference.
- Smartphone Upgrade Cycle: Leading mobile processors achieve 45-50 TOPS of inference capability while optimizing battery life through dedicated engines, prompting faster refresh cycles in the premium segment and driving overall market growth.
- Competitive Landscape: While moderate competition characterizes the industry, semiconductor leaders maintain their positions by optimizing performance per watt, and high costs for developing next-generation devices restrict new entrants, fostering consolidation among smaller firms seeking differentiation.
- Regional Market Dynamics: North America accounted for 38.92% of market revenue in 2025, bolstered by $52 billion in CHIPS Act incentives, while investments in indigenous GPU and NPU production in the Asia-Pacific region stimulate growth, highlighting diverse market drivers across regions.
Analyst Views on INTC
Wall Street analysts forecast INTC stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for INTC is 39.30 USD with a low forecast of 20.00 USD and a high forecast of 52.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
29 Analyst Rating
5 Buy
19 Hold
5 Sell
Hold
Current: 46.960
Low
20.00
Averages
39.30
High
52.00
Current: 46.960
Low
20.00
Averages
39.30
High
52.00
About INTC
Intel Corporation is a global designer and manufacturer of semiconductor products. The Company operates through three segments: Intel Products, Intel Foundry, and All Other. Its Intel Products segment includes Client Computing Group (CCG), Data Center and AI (DCAI), Network and Edge (NEX). The CCG is bringing together the operating system, system architecture, hardware, and software application integration to enable PC experiences. DCAI delivers workload-optimized solutions to cloud service providers and enterprises, along with silicon devices for communications service providers, network and edge, and HPC customers. NEX helps networks and edge compute systems from fixed-function hardware to general-purpose compute, acceleration, and networking devices running cloud native software on programmable hardware. The Intel Foundry segment comprises technology development, manufacturing and foundry services. All Other segments include Altera, Mobileye, Other.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
