Source Research:
APAC is a large and fragmented region, with different levels of maturity in terms of urbanization and digital transformation. The adoption of edge AI is steadily increasing, with revenue for edge AI in Asia-Pacific (APAC) expected to reach US$12.8 billion by 2028, with a Compound Annual Growth Rate (CAGR) of 24% from 2023 to 2028, driven by increasing digital transformation initiatives, such as in smart cities, remote healthcare, autonomous vehicle, etc.
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