Edge Analytics Market Business Overview to 2021 are dominated by key players: Cisco Systems, Inc., Equinix, Inc., Greenwave Systems, HP Inc., IBM Corporation, iguazio, Intel Corporation, Microsoft Corporation and Oracle Corporation.

Edge Analytics Market Size and Growth Rate:
Edge Analytics Market was valued at USD 1.94 Billion in 2017 and projected to reach USD 7.96 Billion by 2021 growing at a CAGR of 32.6% during the forecast period 2018 to 2021.

Edge Analytics Market Overview:
Edge analytics market is projected to have tremendous growth during the forecast period. The automated analytical process to collect the data or information using sensors or other devices is known as edge analytics. Depending upon the data through analytics algorithms, the users set the program in order to run in the cloud based platforms or in-premise platforms. Internet is the main aspect to analyze the data for these systems. Due to high scalability property, the edge analytics algorithms to network systems are being deployed by wide range of industrial sectors. It helps to collect the data of the systems in real-time applications, where it is attracting the industrialists to gain benefits.

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Edge Analytics Market Growth Drivers and Restraints:
The growing prevalence of the internet of things along with increasing analytical computation systems is majorly accelerating the growth of the market. The utilization of edge analytics in real-time applications is growing rapidly due to its effective optimization, which is also fueling the growth of the market.

However, the cost of the devices is relatively high which cannot be affordable by the small-scale industries is hampering the growth of the market. The rising complexities while running the algorithms is a challenging factor for the developers in this market. The on-going efforts to develop the systems in accordance with the advanced technology and to launch innovative designs in favor to the human resources sector is surging the growth opportunities for the market. The rise in the demand for the business to business applications with the edge analytics is set to show a great chance for the market.

Geographic Insights of Edge Analytics Market:
Regionally, the edge analytics market is segmented into North America, Asia Pacific, Europe and Middle East & Africa. North America is anticipated to lead with the highest shares of the market owing to quick adoption of the advanced technology and also rise in the business economic strategies. Asia Pacific and Europe are following North America in holding the largest shares of the market with rise in the IT and Telecommunication sectors and also increased demand from the transportation and logistics. Middle East and Africa are accounted to have significant growth over the foremost time span.

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Key Market Players of Edge Analytics Market:
Some of the prominent players involved in the edge analytics market are Cisco Systems, Inc., Dell Inc., Equinix, Inc., Greenwave Systems, HP Inc., IBM Corporation, iguazio, Intel Corporation, Microsoft Corporation, and Oracle Corporation.

Edge Analytics Market Key Segmentation:
By Type:
• Descriptive Analytics
• Predictive Analytics
• Prescriptive Analytics
• Diagnostic Analytics

By Component:
• Solutions
• Services
o Professional Services
 System Integration and Deployment
 Training,Support and Maintenance Services
 Consulting Services
o Managed Services

By Deployment Model:
• On-Premises
• On-Cloud

By Business Application:
• Marketing
• Sales
• Operations
• Finance
• Human Resources

By Region:
• North America
• South America
• Europe
• Asia Pacific
• Middle East and Africa

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