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Market Snapshot

CAGR:6.06

2023

2032

Source: Market Expertz

Study Period	2019-2032
Base Year	2023
Forcast Year	2023-2032
CAGR	6.06

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Report Overview

The Edge Analytics Market is poised for substantial growth, with an anticipated Compound Annual Growth Rate (CAGR) of 24.73% between 2022 and 2032. The market is projected to expand by USD 15.86 billion during this period. Edge analytics involves processing and analyzing data at or near the data source, enabling real-time insights and reducing data transfer to centralized systems.

Edge Analytics Market Overview:

Drivers:

The increasing volume of data generated at the edge of networks, the need for real-time insights, and the growth of IoT devices drive the expansion of the Edge Analytics market. Organizations across industries are recognizing the value of processing data closer to the source to optimize operations and enhance decision-making.

Furthermore, the rise of 5G networks and the need for low-latency applications contribute to market growth. Edge analytics solutions enable quick processing of data for applications like autonomous vehicles and remote monitoring.

Trends:

The integration of AI and machine learning algorithms at the edge for real-time data analysis and decision-making is a significant trend shaping the market. AI-driven edge analytics solutions enable predictive and prescriptive analytics for enhanced outcomes.

Moreover, the adoption of edge analytics in industrial settings for predictive maintenance and quality control is growing. Industrial IoT applications benefit from edge analytics by identifying potential issues before they cause disruptions.

Restraints:

Challenges such as data security concerns, the complexity of managing distributed edge systems, and the need for standardization pose obstacles in the market. Ensuring data privacy and secure communication across distributed edge environments is crucial.

Additionally, the requirement for robust connectivity and networking infrastructure to support edge analytics and the potential for increased hardware costs can be barriers. Organizations need to invest in reliable networking solutions and hardware for successful implementation.

Edge Analytics Market Segmentation by Component: The Software segment, which involves analytics software designed for edge deployment, is expected to witness significant growth during the forecast period. Edge analytics software enables data processing, analysis, and visualization at the edge of networks.

Furthermore, the Services segment is a vital area in the Edge Analytics market. Professional services, consulting, and support services are crucial for the successful deployment and management of edge analytics solutions.

Edge Analytics Market Segmentation by Deployment Mode: The On-Premises segment, which involves deploying edge analytics solutions within an organization's infrastructure, is anticipated to remain prominent. On-premises deployment offers control and customization for specific business needs.

Regional Overview:

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North America is projected to contribute significantly to the global Edge Analytics market, accounting for 38% of the market share during the forecast period. The region's technological advancements, early adoption of IoT, and demand for real-time insights drive market demand.

Moreover, North America's focus on optimizing processes and enhancing decision-making through edge analytics align with the adoption of edge analytics solutions.

In 2020, the Edge Analytics market experienced growth as businesses sought to process data closer to the source to support remote work, IoT applications, and data-intensive operations during the COVID-19 pandemic. Edge analytics played a crucial role in ensuring timely insights.

Edge Analytics Market Customer Landscape: The market report analyzes the adoption lifecycle, spanning from early adopters to late adopters. It examines adoption rates across different industries and sectors, considering penetration levels. The report also explores key criteria influencing edge analytics solution selection and implementation.

Major Edge Analytics Market Companies: Key players in the Edge Analytics market are implementing strategies such as product innovation, partnerships, and acquisitions to enhance their market presence.

Some major players include:

Cisco Systems, Inc.
IBM Corporation
Microsoft Corporation
SAS Institute Inc.
Intel Corporation
Dell Technologies, Inc.
Siemens AG
FogHorn Systems, Inc.
Oracle Corporation
SAP SE

The research report provides a comprehensive competitive landscape analysis of 20 market companies, evaluating their strengths, weaknesses, and strategic approaches. The analysis categorizes companies based on their market focus and dominance.

Segment Overview:

The Edge Analytics market report forecasts revenue growth globally, regionally, and at the country level. It analyzes trends and growth opportunities from 2019 to 2032.

Component Outlook (USD Billion, 2019 - 2032)

Software
Services

Deployment Mode Outlook (USD Billion, 2019 - 2032)

On-Premises
Cloud-based

Geography Outlook (USD Billion, 2019 - 2032)

North America

U.S.
Canada

Europe

U.K.
Germany
France
Rest of Europe

APAC

China
Japan
India

South America

Brazil
Argentina
Rest of South America

Middle East & Africa

UAE
South Africa
Rest of Middle East & Africa

TABLE OF CONTENTS: GLOBAL Edge Analytics MARKET

Chapter 1. MARKET SYNOPSIS

1.1. Market Definition

1.2. Research Scope & Premise

1.3. Methodology

1.4. Market Estimation Technique

Chapter 2. EXECUTIVE SUMMARY

2.1. Summary Snapshot, 2016 – 2027

Chapter 3. INDICATIVE METRICS

3.1. Macro Indicators

Chapter 4. Edge Analytics MARKET SEGMENTATION & IMPACT ANALYSIS

4.1. Edge Analytics Segmentation Analysis

4.2. Industrial Outlook

4.3. Price Trend Analysis

4.4. Regulatory Framework

4.5. Porter’s Five Forces Analysis

4.5.1. Power Of Suppliers

4.5.2. Power Of Buyers

4.5.3. Threat Of Substitutes

4.5.4. Threat Of New Entrants

4.5.5. Competitive Rivalry

Chapter 5. Edge Analytics MARKET BY deployment type landscape

SIGHTS & TRENDS

5.1. Segment 1 Dynamics & Market Share, 2019 & 2027

5.2 On-premise

5.2.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

5.2.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

5.3 Cloud

5.3.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

5.3.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

Chapter 6. Edge Analytics MARKET BY component INSIGHTS & TRENDS

6.1. Segment 2 Dynamics & Market Share, 2019 & 2027

6.2 Solutions

6.2.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

6.2.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

6.3 Services

6.3.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

6.3.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

Chapter 7. Edge Analytics MARKET REGIONAL OUTLOOK

7.1. Edge Analytics Market Share By Region, 2019 & 2027

7.2. NORTH AMERICA

7.2.1. North America Edge Analytics Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.2.2. North America Edge Analytics Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.2.3. North America Edge Analytics Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.2.4. North America Edge Analytics Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.2.5. U.S.

7.2.5.1. U.S. Edge Analytics Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.2.5.2. U.S. Edge Analytics Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.2.5.3. U.S. Edge Analytics Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.2.5.4. U.S. Edge Analytics Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.2.6. CANADA

7.2.6.1. Canada Edge Analytics Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.2.6.2. Canada Edge Analytics Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.2.6.3. Canada Edge Analytics Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.2.6.4. Canada Edge Analytics Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3. EUROPE

7.3.1. Europe Edge Analytics Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.3.2. Europe Edge Analytics Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.3.3. Europe Edge Analytics Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.3.4. Europe Edge Analytics Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3.5. GERMANY

7.3.5.1. Germany Edge Analytics Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.3.5.2. Germany Edge Analytics Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.3.5.3. Germany Edge Analytics Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.3.5.4. Germany Edge Analytics Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3.6. FRANCE

7.3.6.1. France Edge Analytics Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.3.6.2. France Edge Analytics Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.3.6.3. France Edge Analytics Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.3.6.4. France Edge Analytics Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3.7. U.K.

7.3.7.1. U.K. Edge Analytics Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.3.7.2. U.K. Edge Analytics Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.3.7.3. U.K. Edge Analytics Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.3.7.4. U.K. Edge Analytics Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4. ASIA-PACIFIC

7.4.1. Asia Pacific Edge Analytics Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.2. Asia Pacific Edge Analytics Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.3. Asia Pacific Edge Analytics Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.4. Asia Pacific Edge Analytics Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.5. CHINA

7.4.5.1. China Edge Analytics Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.5.2. China Edge Analytics Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.5.3. China Edge Analytics Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.5.4. China Edge Analytics Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.6. INDIA

7.4.6.1. India Edge Analytics Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.6.2. India Edge Analytics Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.6.3. India Edge Analytics Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.6.4. India Edge Analytics Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.7. JAPAN

7.4.7.1. Japan Edge Analytics Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.7.2. Japan Edge Analytics Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.7.3. Japan Edge Analytics Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.7.4. Japan Edge Analytics Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.8. AUSTRALIA

7.4.8.1. Australia Edge Analytics Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.8.2. Australia Edge Analytics Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.8.3. Australia Edge Analytics Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.8.4. Australia Edge Analytics Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.5. MIDDLE EAST AND AFRICA (MEA)

7.5.1. Mea Edge Analytics Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.5.2. Mea Edge Analytics Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.5.3. Mea Edge Analytics Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.5.4. Mea Edge Analytics Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.6. LATIN AMERICA

7.6.1. Latin America Edge Analytics Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.6.2. Latin America Edge Analytics Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.6.3. Latin America Edge Analytics Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.6.4. Latin America Edge Analytics Market Estimates And Forecast By Production Process, 2016 –2027, (USD Million)

7.6.5. Latin America Edge Analytics Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

Chapter 8. COMPETITIVE LANDSCAPE

8.1. Market Share By Manufacturers

8.2. Strategic Benchmarking

8.2.1. New Product Launches

8.2.2. Investment & Expansion

8.2.3. Acquisitions

8.2.4. Partnerships, Agreement, Mergers, Joint-Ventures

8.3. Vendor Landscape

8.3.1. North American Suppliers

8.3.2. European Suppliers

8.3.3. Asia-Pacific Suppliers

8.3.4. Rest Of The World Suppliers

Chapter 9. COMPANY PROFILES

9.1 Cisco Systems

9.1.1. Company Overview

9.1.2. Financial Performance

9.1.3. Product Insights

9.1.4. Strategic Initiatives

9.2 Oracle Corporation

9.2.1. Company Overview

9.2.2. Financial Performance

9.2.3. Product Insights

9.2.4. Strategic Initiatives

9.3 SAS Institute

9.3.1. Company Overview

9.3.2. Financial Performance

9.3.3. Product Insights

9.3.4. Strategic Initiatives

9.4 IBM Corporation

9.4.1. Company Overview

9.4.2. Financial Performance

9.4.3. Product Insights

9.4.4. Strategic Initiatives

9.5 Microsoft Corporation

9.5.1. Company Overview

9.5.2. Financial Performance

9.5.3. Product Insights

9.5.4. Strategic Initiatives

9.6 Company 6

9.6.1. Company Overview

9.6.2. Financial Performance

9.6.3. Product Insights

9.6.4. Strategic Initiatives

9.7 Company 7

9.7.1. Company Overview

9.7.2. Financial Performance

9.7.3. Product Insights

9.7.4. Strategic Initiatives

9.8 Company 8

9.8.1. Company Overview

9.8.2. Financial Performance

9.8.3. Product Insights

9.8.4. Strategic Initiatives

9.9 Company 9

9.9.1. Company Overview

9.9.2. Financial Performance

9.9.3. Product Insights

9.9.4. Strategic Initiatives

9.10 Company 10

9.10.1. Company Overview

9.10.2. Financial Performance

9.10.3. Product Insights

9.10.4. Strategic Initiatives

RESEARCH METHODOLOGY

A research methodology is a systematic approach for assessing or conducting a market study. Researchers tend to draw on a variety of both qualitative and quantitative study methods, inclusive of investigations, survey, secondary data and market observation.

Such plans can focus on classifying the products offered by leading market players or simply use statistical models to interpret observations or test hypotheses. While some methods aim for a detailed description of the factors behind an observation, others present the context of the current market scenario.

Now let’s take a closer look at the research methods here.

Secondary Research Model

Extensive data is obtained and cumulated on a substantial basis during the inception phase of the research process. The data accumulated is consistently filtered through validation from the in-house database, paid sources as well reputable industry magazines. A robust research study requires an understanding of the overall value chain. Annual reports and financials of industry players are studied thoroughly to have a comprehensive idea of the market taxonomy.

Primary Insights

Post conglomeration of the data obtained through secondary research; a validation process is initiated to verify the numbers or figures. This process is usually performed by having a detailed discussion with the industry experts.

However, we do not restrict our primary interviews only to the industry leaders. Our team covers the entire value chain while verifying the data. A significant number of raw material suppliers, local manufacturers, distributors, and stakeholders are interviewed to make our findings authentic. The current trends which include the drivers, restraints, and opportunities are also derived through the primary research process.

Market Estimation

The market estimation is conducted by analyzing the data collected through both secondary and primary research. This process involves market breakdown, bottom-up and top- down approach.

Moreover, while forecasting the market a comprehensive statistical time series model is designed for each market. Macroeconomic indicators are considered to understand the current trends of the market. Each data point is verified by the process of data triangulation method to arrive at the final market estimates.

Final Presentation

The penultimate process results in a holistic research report. The study equips key industry players to undertake significant strategic decisions through the findings. The report encompasses detailed market information. Graphical representations of the current market trends are also made available in order to make the study highly comprehensible for the reader.

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Edge Analytics Market Size, Type Analysis, Application Analysis, End-Use, Industry Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2023-2032