The On-device AI market in Singapore is witnessing strong growth due to the government's proactive stance on digital transformation and AI adoption. With smart city initiatives like Smart Nation, there is increasing demand for edge AI capabilities in sectors such as public safety, transportation, and healthcare. The availability of 5G infrastructure further facilitates real-time data processing on devices, enhancing the performance of AI-powered applications. However, the market faces restraints in the form of limited local semiconductor production, making it reliant on global supply chains for advanced AI chipsets. A key opportunity lies in integrating on-device AI into cybersecurity frameworks, enabling faster threat detection and response at the device level. The trend of deploying AI in consumer electronics, particularly wearables and smart home devices, is accelerating adoption. Singapore's On-device AI market is expected to grow at a CAGR of approximately 21.8% through 2030.
TABLE - Singapore On-device AI Market Size & Forecast By Component 2021-2033
Component | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | CAGR (2024-2033) |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Hardware | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Software | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Services | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Total | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |
Source: Company Publications, Primary Interviews, and SR Analysis
TABLE - Singapore On-device AI Market Size & Forecast By Application 2021-2033
Application | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | CAGR (2024-2033) |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Smartphones & Consumer Devices | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Automotive & Transportation | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Industrial IoT | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Healthcare | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Smart Home Devices | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
Total | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |
Source: Company Publications, Primary Interviews, and SR Analysis