Edge AI Software Market Surges to $8.89 billion at a CAGR 24.4% by 2031 | Report by MarketsandMarkets™

Delray Beach, FL, July 16, 2026 (GLOBE NEWSWIRE) -- According to MarketsandMarkets™, the global Edge AI Software Market is projected to grow from USD 2.40 billion in 2025 to USD 8.89 billion by 2031, at a CAGR of 24.4% during the forecast period. Market growth is being driven by increasing demand for real-time AI-powered decision-making, localized data processing, and intelligent edge computing across connected devices. Advances in TinyML, AI accelerators, and edge computing technologies, combined with the need for lower latency, enhanced data privacy, and reduced reliance on cloud connectivity, are accelerating enterprise adoption across consumer electronics, retail, and customer service applications.