Press release
Edge AI Software - Global Comprehensive Analysis of Industry Dynamics and Market Sales Trends 2024
Leading players of the global Edge AI Software market are analyzed taking into account their market share, recent developments, new product launches, partnerships, mergers or acquisitions, and markets served. We also provide an exhaustive analysis of their product portfolios to explore the products and applications they concentrate on when operating in the global Edge AI Software market. Furthermore, the report offers two separate market forecasts - one for the production side and another for the consumption side of the global Edge AI Software market. It also provides useful recommendations for new as well as established players of the global Edge AI Software market.
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Edge AI software enables aggregation, processing, computation, and analysis of data present near or on the edge devices by leveraging AI and IoT technologies. The software helps to process data on edge nodes even in remote and decentralized networks, without cloud connectivity.
Integrating AI with IoT in edge devices helps enterprises to minimize latency, reduce bandwidth, lessen threats, avoid duplication, improve reliability, and maintain compliance. Moreover, edge AI software solutions enable an organization to utilize the computing resources in an optimal manner, minimize the bandwidth required to execute the solution, and lower the latency in particular response time.
The global Edge AI Software market size is expected to reach US$ 3519.4 million by 2029, growing at a CAGR of 24.8% from 2023 to 2029. The market is mainly driven by the significant applications of Edge AI Software in various end use industries. The expanding demands from the Autonomous Vehicles, Access Management, Video Surveillance and Remote Monitoring & Predictive Maintenance, are propelling Edge AI Software market. Software Tools, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Platforms segment is estimated at % CAGR for the next seven-year period.
Global Edge AI Software key players include IBM, Microsoft, Intel, Google, TIBCO, etc. Global top five manufacturers hold a share over 50%.
North America is the largest market, with a share about 55%, followed by Europe and China, both have a share about 25 percent.
In terms of product, Platforms is the largest segment, with a share about 65%. And in terms of application, the largest application is Video Surveillance, followed by Autonomous Vehicles.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Edge AI Software, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Edge AI Software market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Edge AI Software market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Edge AI Software sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Edge AI Software covered in this report include IBM, Microsoft, Intel, Google, TIBCO, Cloudera, Nutanix, Foghorn Systems and SWIM.AI, etc.
The global Edge AI Software market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
IBM
Microsoft
Intel
TIBCO
Cloudera
Nutanix
Foghorn Systems
SWIM.AI
Anagog
Tact.ai
Bragi
XNOR.AI
Octonion
Veea Inc
Imagimob
Global Edge AI Software market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Edge AI Software market, Segment by Type:
Software Tools
Platforms
Global Edge AI Software market, by Application
Autonomous Vehicles
Access Management
Video Surveillance
Remote Monitoring & Predictive Maintenance
Telemetry
Others
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Edge AI Software companies' competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
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