Edge Analytics Market Size, Share, Industry Growth, Trend, Business Opportunities, Challenges, Drivers and Restraint Research Report by 2027

The
global Edge Analytics Market is forecasted to be worth USD 33.65 Billion by
2027, according to a current analysis by Emergen Research.  Due to the
growing demand for real-time intelligence on network devices, the global Edge
Analytics market is forecasted to grow significantly over the forecasted
period. Besides, the rising government initiatives in Information and
Communication Technology are anticipated to further fuel the market growth in
the forecast timeline. Moreover, the rise in the implementation of connected
devices is likely to drive the market growth shortly. IoT devices' adoption is
growing exponentially, generating massive volumes of data and requiring
real-time data analytics.

The
lack of standardization of the use of the solution is expected to hinder the
growth of the market.

Factors
influencing the growth of the Edge Analytics market and impacting the growth of
the industry are studied extensively in the report. The report considers the
COVID-19 pandemic as one of the key influencing factors of the Edge Analytics
market. The report discusses in detail the positive and negative impact of the
pandemic on the Edge Analytics industry. The supply chain disruptions and
economic volatility have altered the dynamics of the Edge Analytics industry.

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Key
Highlights From The Report

• In June 2020,
  ADRM Software was acquired by Microsoft Corporation. The combination of
  ADRM 's extensive industry models with Azure's limitless storage and
  computation would facilitate the generation of an intelligent data
  lake where data from different business units can be more rapidly
  harmonized seamlessly.


• In the
  forecast timeframe, the solution segment is expected to be the
  largest market with a CAGR of 31.4%. Priority optimization and
  decentralization of Edge analytics solutions and thereby avoided
  conventional techniques for collecting huge amounts of data. The paradigm is
  relatively recent and is closely aligned with the emergence of a viable
  future IoT platform.


• It is
  expected that the Prescriptive analytics segment will lead the market.
  This form of Edge Analytics gives suitable guidance to an employee relying
  on live streaming data or instantly beginning a process, contextualizing2
  live stream operations within current company criteria.

The
Edge Analytics research report also includes an insightful study of the
prominent players of the industry along with their business overview, strategic
planning, and business expansion plans adopted by them. This assists the
readers and business owners in formulating strategic expansion and investment
plans. The report focuses on mergers and acquisitions, joint ventures,
collaborations, partnerships, corporate and government deals, and others. The
report also talks about the expansions these prominent players are vying for in
the key regions of the market. The report focuses on the detailed analysis of
the technological and product developments undertaken by these companies.

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The key companies studied in the Edge Analytics report
are:

AGT Group GmbH, CGI Group Inc., FogHorn
Systems, Inc., Oracle Corporation, Apigee Corp., SAP SE, Falkonry Inc.,
Equinix, Inc., Intel Corporation, and Microsoft Corporation, among others.

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Emergen
Research has segmented the global Edge Analytics Market on the basis of
component, type, deployment, end-use, and region.

• Component
  Outlook (Revenue, USD Billion; 2017-2027)




• Services


• Solution

• Type Outlook
  (Revenue, USD Billion; 2017-2027)




• Prescriptive
  Analytics


• Descriptive
  Analytics


• Diagnostic
  Analytics


• Predictive
  Analytics

• Deployment
  Outlook (Revenue, USD Billion; 2017-2027)




• On-Cloud


• On-Premises

• End-Use
  Outlook (Revenue, USD Billion; 2017-2027)




• Manufacturing


• Energy and
  Power


• Logistics


• Entertainment


• Healthcare


• Defence


• Telecommunication


• Information
  Technology


• Retail


• BFSI


• Others

Regional Analysis :

On
the basis of regional analysis, the market is segmented into the following
regions: North America, Latin America,
Europe, Asia Pacific, and Middle East & Africa. The market is expected
to be dominated by North American nations closely followed by European
countries. Asia Pacific is expected to show a significant growth owing to
recent advancements and rising investments in the R&D sector.

The report addresses the following key points:

·        
The report provides a
forecast of market drivers, restraints, and future opportunities for the Edge
Analytics market

·        
The report further
analyses the changing market dynamics

·        
Regional analysis and
segmentation of the market with analysis of the regions and segments expected
to dominate the market growth

·        
Extensive competitive
landscape mapping with profiles of the key competitors

·        
In-depth analysis of
business strategies and collaborations such as mergers and acquisitions adopted
by the key companies

·        
Revenue forecast, country
scope, application insights, and product insights

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you for reading our report. For any specific details on customization of this
report, please get in touch with us. We will ensure the report you get is
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