Edge Analytics Market Growth at CAGR of 12.7% By Size, Market Size, Share, News, Demand, Opportunity and Forecast: 2022-2029 | Microsoft Corporation, Cisco Systems Inc., HighQ Solutions Limited, Box Inc., IBM Corporation, Oracle Corporation

The Global Edge Analytics Market is forecast to USD 14.87 billion by 2028 by rising at a compound annual growth rate (CAGR) of 12.7% throughout the forecast period from 2019 to 2028

Edge Analytics Market Overview

The approach of acquiring, monitoring, and analysing data at the edge of network devices such as sensors, routers, gateways, switches, and others is referred to as edge analytics. Analytical computations are performed at the edge of devices, rather than waiting for data to be received back at a centralised storage system and then applying analytical applications. This has not only reduced latency in linked device decision-making, but it has also increased scalability. Edge analytics Market demand has increased as a result of the Internet of Things (IoT) and the growing demand for edge analytical solutions due to their effectiveness.

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Industry Development
Cisco and IBM Watson IoT teamed up in July 2016 to give instant Internet of Things (IoT) intelligence at the network's edge. This partnership integrates IBM Watson IoT with Cisco edge analytics, allowing businesses to make real-time, educated decisions based on business-critical data.
SAS Institute released SAS Analytics for IoT in April 2016, which aids in the analysis of massive amounts of data generated by IoT sensors and devices. The analytics software can analyse flowing data in real time and derive insights, ensuring smooth operations and increased revenues for businesses.
Research Methodology:

To calculate the market size, the report considers the revenue generated from the sales of Edge Analytics market manufacturers. The revenue created from the sales of Edge Analytics Market has been calculated through primary and secondary research.

The market size assessment also considered leading players revenues as part of triangulation the key players considered are Google Inc. (Alphabet Inc.), Microsoft Corporation, Cisco Systems Inc., HighQ Solutions Limited, Box Inc., IBM Corporation, Oracle Corporation, Citrix Systems Inc., Jive Software Inc., Salesforce.com Inc., Mitel Networks Corp, Intralinks Holdings Inc. and Others.

The Edge Analytics Market has been segmented as below:

Solution Type Segment, 2019-2028, (in USD million)

Unified Communication and Collaboration

Enterprise Social Collaboration

Project and Team Management

Document Management System

Support Services

Deployment Segment, 2019-2028, (in USD million)

Public Cloud

Private Cloud

Hybrid Cloud

End-Use Industry Segment, 2019-2028, (in USD million)

Telecommunication and ITES

Media and Entertainment

Education

Healthcare and Life Sciences

BFSI

Government and Public Sectors

Others

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Edge Analytics Market: Regional Analysis

Geographically, this report is segmented into several key countries, with market size, growth rate, import and export of Edge Analytics market in these countries, which covering North America, U.S., Canada, Europe, UK, Germany, France, Spain, Italy, ROE, Asia Pacific, China, India, Japan, Australia, South Korea, RoAPAC, Latin America, Brazil, Mexico and Rest of the World.

Geographically, the market is dominated by APAC, North America and Europe.

Major Key areas that have been focused on in the report:

Raw material supply analysis
Major trends noticed in the Global Edge Analytics Market
Market Geographic limitations, and pricing issues
Distribution, scheduling, performance, and supplier requirements
Growth opportunities that may emerge in the industry in the upcoming years
In-depth value chain analysis
Sustainability trends and environmental concerns
Market Gap and Opportunities
Global Market Growth Drivers, Opportunities, and Constraints.

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This release was published on openPR.