Future Outlook of Edge Analytics Market Poised to Achieve CAGR of 30.0% by 2023 – Worldwide Top Key Players – Cisco, Oracle, SAS Institute, IBM, Apigee, Predixion, Foghorn Systems

Marketprognosis.com Publish a New Market Research Report On “Global Edge Analytics Market 2018 - 2023” which contains global key player’s survey information and forecast to 2023.

Overview of the Global Edge Analytics Market:

The Global Edge Analytics Market is expected to grow at a CAGR of over 30% during the forecast period (2018-2023).

The market for Edge Analytics market is increasing at significant momentum across the world, thanks to the constant advancements of workplace performance enhancements and increase adoption of internet of things (IOT), which are driving the edge analytics market growth to the large extent. Edge analytics is an alternative to big data analytics. It provides real-time analysis of data generated on the edge of network devices. Edge analytics performs the automatic analytical computation of collected data in real time instead of sending the data back to the centralized data store.

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The accelerated rise of large amounts of data generated which is need to be analyzed for valuable insights. Transferring such crucial data from their place of origination, which can be remote locations, via internet or Bluetooth, to cloud data centers for analysis can be slow and risky. This, in turn, can affect an organization's proper functioning.

Edge analytics help organizations to get more advanced data faster by applying advanced analytics and machine learning at the point of data collection. Also, it also boosts yields, increases throughput, reduces downtime, and improves efficiency. The proliferation of IoT and connected devices is expected to drive the edge analytics market. Increase of data due to the rise of the internet of thing (IoT) devices globally and increased threats to the enterprise network such as cyber-attacks and other security breaches are some of the reason For an instance a typical Formula One car carries 150-300 sensors and in an airline, the current Airbus A350 model has close to 6,000 sensors and generates 2.5 Tb of data per day- according to Data Science central’s.

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The North America region is projected to have the largest growth in demand, during the forecast period (2018-2023), which provides a suitable environment for startups and SMEs, in terms of government regulations and compliance. Owing to this, enterprises are growing rapidly in this North America region and have a heavy demand for edge analytics. Therefore, the North American region is to have the highest market share in the edge computing market.

The major trends responsible for the growth of edge analytics market in the North American region include the growing number of devices and the dependency on IoT devices, the need for faster processing, the increase in cloud adoption, and pressure on networks. Additionally, significant growth owing to high concentration of manufacturing and telecommunication industries that majorly adopt edge analytics services. Therefore, proliferation of digital services and technological advancements coupled with early adoption of the latest technologies in various sectors such as healthcare & life sciences, transportation & logistics, consumer appliances are supplementing the growth of the region.

Major Key Players:

1 Cisco Systems

2 Oracle Corporation

3 SAS Institute

4 IBM Corporation

5 Apigee Corporation

6 Predixion Software

7 AGT International Inc.

8 Foghorn Systems and More…………

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What Information does this report contain?

1 A detailed analysis of regulatory trends, drivers, industry pitfalls, challenges and growth opportunities for participants

2 Which are the leading market products, applications & regions and how will they perform by 2023?

3 What are the technologies & innovation trends, how will they evolve by 2023?

4 Which companies lead the industry, how are they positioned in the market in terms of sustainability, competency, production capacity and strategic outlook?

In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Edge Analytics Market.

Table of Contents:

1 Introduction

2 Edge Analytics Market Research Methodology

3 Executive Summary

4 Edge Analytics Market Insights

5 Edge Analytics Market Dynamics

6 Technology Snapshot

7 Global Edge Analytics Market

8 Competitive Intelligence - Company Profiles

9 Investment Analysis

10 Future of Global Edge Analytics Market

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