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Edge AI Hardware Market Set to Record Exponential Growth by 2030

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Allied Market Research, titled, “ Edge AI Hardware Market  By Component, Device Type, Process, and End User: Global Opportunity Analysis and Industry Forecast, 2021–2030”, the global edge AI hardware market size was valued at $6.88 billion in 2020, and is projected to reach $38.87 billion by 2030, registering a CAGR of 18.8%. Asia-Pacific is expected to be the leading contributor toward the edge AI hardware market during the forecast period, followed by LAMEA and Europe.   Edge AI hardware is a device that can make decisions & process data independently without any external connection. These edge AI hardware does not have any issue of bandwidth and latency of real-time data, which influence application execution. Real time operations are very crucial in robots and self-driving cars among other applications. Global edge AI hardware market growth is anticipated to be driven by factors such as emergence of AI coprocessors for edge computing and rise in IoT appli...

3D Printing Market to Record Sturdy Growth by 2030

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Allied Market Research, titled, “ 3D Printing Market , by Technology, Application, and Region: Opportunity Analysis and Industry Forecast, 2021–2030," The 3D printing market was valued at $13.2 billion in 2020 and is estimated to reach $94.0 billion by 2030, growing at a CAGR of 22.1% from 2021 to 2030. 3D printing, commonly known as assistive printing technology, is an enhanced manufacturing process designed to enable users to create models utilizing a wide range of printing materials. Polymers, metals, ceramics, and other materials are among the materials utilized in 3D printing. Moreover, the printing medium chosen is determined by the characteristics of the printed product as well as the region of application. Certain 3D printers can create models using various materials at the same time, which simplifies the production process. In addition, the uses of 3D printing service have grown rapidly as it provides better speed, higher precision, and finer resolution. The ...