Shift to NPUs for TinyML in IoT Drive AI Chipset Revenues to US$7.3 Billion by 2030

July 24, 2024 10:30 PM AEST | By Cision
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While NPUs are established for TinyML in Personal and Work Devices, they have only recently started to make inroads in IoT applications

LONDON, July 24, 2024 /PRNewswire/ -- Embedded chipset vendors are increasing their focus on Neutral Processing Units (NPUs) for Internet of Things (IoT) applications thanks to the architecture's efficient execution of neural network workloads. NPUs will take an increasing share of overall shipment numbers at the expense of the established Microcontrollers (MCUs) as implementers seek ever greater insights and intelligence at the far edge. According to ABI Research, a global technology intelligence firm, this will contribute to chipset revenues from AI-dedicated silicon for IoT-focused applications reaching over US$7.3 billion by 2030.

"NPUs for TinyML applications in Personal and Work Devices (PWDs) are already well established. However, they are still nascent outside of this device vertical, and major vendors ST Microelectronics, Infineon, and NXP Semiconductors are only just introducing this type of ASIC to their embedded portfolios," says Paul Schell, Industry Analyst at ABI Research. "By screening PWDs, we provided greater insight into our modeling for IoT applications, which spans 15 verticals, including the most significant, namely Smart Home and Manufacturing."

On the software side, comprehensive MLOps toolchains are now table stakes for vendors big and small, including start-ups like Syntiant, GreenWaves, Aspinity, and Innatera. As with bigger form factors, the investment into the software offering often matches hardware R&D, which has paid off for vendor Eta Compute in their partnership with NXP to license their Aptos software platform. Such innovations also democratize the deployment of TinyML by reducing the need for in-house data science talent.

Including highly performant architectures like NPUs and some FPGAs into embedded devices will expand the offering of applications able to run on-device from object detection to simple object classification for machine vision use cases, as well as some NLP for audio-based analytics. "Along with the trend in larger edge form factors such as PCs and gateways, this will contribute to AI's scalability by reducing networking costs and the reliance on cloud. As such, we expect the TinyML market to grow as it capitalizes on these innovations, spurred largely by major industrial sites upgrading their IoT deployments, the growing intelligence of vehicles, and smart home devices."

These findings are from ABI Research's Artificial Intelligence and Machine Learning: TinyML market data report. This report is part of the company's AI & Machine Learning research service, which includes research, data, and ABI Insights.

About ABI Research

ABI Research is a global technology intelligence firm uniquely positioned at the intersection of technology solution providers and end-market companies. We serve as the bridge that seamlessly connects these two segments by providing exclusive research and expert guidance to drive successful technology implementations and deliver strategies proven to attract and retain customers.

ABI Research是一家全球性的技术情报公司,拥有得天独厚的优势,充当终端市场公司和技术解决方案提供商之间的桥梁,通过提供独家研究和专业性指导,推动成功的技术实施和提供经证明可吸引和留住客户的战略,无缝连接这两大主体。

For more information about ABI Research's services, contact us at +1.516.624.2500 in the Americas, +44.203.326.0140 in Europe, +65.6592.0290 in Asia-Pacific, or visit www.abiresearch.com.

Contact Info:

Global
Deborah Petrara
Tel: +1.516.624.2558
[email protected]


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