Global edge analytics market was valued at USD 2498. 71 million in 2018 and is anticipated to reach USD 38751.52 million, growing at an estimated CAGR of 35.7% from 2019 to 2027. Market participants of edge analytics market include Accenture, ADLINK Technology Inc., AGT international, Analytic Edge, Apigee Corp, CGI Inc., CISCO, Foghorn Systems, IBM, iguazio, Microsoft, Oracle, SAP SE, SAS Institute Inc., amongst others
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The emergence of IoT and proliferation of massive data generated through IoT devices has aided the edge analytics market in the recent past and is expected to follow a similar trend over the forecast period. The application of IoT in edge analytics is particularly applicable for mines, oil rigs and factories that operate in low latency environment and bandwidth. They are not only applied to sensor data but also for richer forms of data such as video analytics.
Market participants such as Cisco, Dell, Intel amongst others, are considered early proponents of edge computing as they tend to position their gateways as edge devices. Traditionally, gateways performed the functions such as traffic routing and aggregation. In the edge computing model, the core gateway functionality has evolved. Edge analytics helps in pre-processing and filtering of the data closer to where the data is being constructed.
Global Edge Analytics Market
- Professional Services
- Managed Services
By Deployment Mode
- Descriptive Analytics
- Predictive Analytics
- Prescriptive Analytics
- Diagnostic Analytics
- Human Resources
- Healthcare and Life Sciences
- Banking, Financial Services, and Insurance
- Retail and Consumer Goods
- IT and Telecommunication
- Transportation and Logistics
- Media and Entertainment
- Energy and Utility
- Government and Defense
- Travel and Hospitality
- North America
- Asia Pacific
- Middle East and Africa
- Latin America
Edge Analytics Market research added by Absolute Markets Insights, offers a comprehensive analysis of the growth trends prevailing in the global business arena. This report also provides definitive data regarding the market, size, marketing aspects, and revenue forecast of the industry. In addition, the study explicitly highlights the competitive status of major players in the projection schedule while focusing on their portfolio and regional expansion efforts.
The Global Edge Analytics Market Analysis to 2030 is a specialized and in-depth study of the Technology, Media, and Telecommunications industry, with an emphasis especially on the analysis of global market trends. The report aims to provide an overview of the enterprise content delivery networks and enterprise streaming software market with detailed market segmentation by component, type of deployment, industry vertical, and geography. The global market for enterprise content delivery networks and enterprise streaming software is expected to witness high growth during the forecast period.
The overall turnover of the companies / segments for the years 2021, 2020 and 2019 is provided in the sub-heading “Financial performance” (listed companies) with the analysis and explanation of the increase or decrease. decrease in these due to factors such as mergers and acquisitions, profit or loss of any strategic business unit (SBU) and others.
Information relating to new product launches, strategic collaboration, mergers and acquisitions, regulatory approval and other company developments in the market is covered in the strategic initiatives section.
Edge Analytics Market: Regional analysis includes:
- Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia and Australia)
- Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
- North America (United States, Mexico and Canada.)
- South America (Brazil etc.)
- The Middle East and Africa (GCC countries and Egypt.)
This research provides detailed information on the major factors influencing the Edge Analytics market growth on a global and regional level (drivers, restraints, opportunities and challenges), forecast of market size, in terms of value, market share by region and segment; regional market positions; growth opportunities by segment and by country, strengths and weaknesses, brand portfolio; Marketing and distribution strategies; challenges and threats of current competition and prospects; Key Company Profiles, SWOTs and Growth Strategies.
The Edge Analytics market research covers a comprehensive analysis of the following data:
• Historical and future growth of the Global Edge Analytics market.
• Segmentation of enterprise content delivery network and enterprise streaming software market to highlight the growth prospects and trends impacting these segments.
• Change the consumption behavior of customers in different regions.
• Regional analysis on the basis of market share, growth prospects and key countries.
• Agreements, product launches, acquisitions and R&D projects of various players in the enterprise content delivery networks and enterprise streaming software market.
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