Press release
Edge AI Software Market Detailed In New Research Report 2024
Global Edge AI Software Market size was valued at USD 1.48 Billion in 2022 and is poised to grow from USD 1.84 Billion in 2023 to USD 10.33 Billion by 2031, at a CAGR of 24.10% during the forecast period (2024-2031).The Research report on Edge AI Software Market presents a complete judgment of the market through strategic insights on future trends, growth factors, supplier landscape, demand landscape, Y-o-Y growth rate, CAGR, pricing analysis. It also provides and a lot of business matrices including Porters Five Forces Analysis, PESTLE Analysis, Value Chain Analysis, 4 Ps' Analysis, Market Attractiveness Analysis, BPS Analysis, Ecosystem Analysis.
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Segmental Analysis
Component
Solutions and Services
Data Source
Video & Image Recognition, Iris & Facial Data, Sensor Data, Mobile Data, Speech Recognition
Market Dynamics
Drivers
Accelerating the adoption of Remote Work to Boost Growth
Businesses have come to understand that remote work can lower costs related to infrastructure and office space as many employees have discovered they are more productive when working from home. This will lead to an increase in demand for remote employment. Companies are making investments in remote work technology including project management software, cloud-based file-sharing platforms, and virtual meeting platforms to make it easier for remote workers to collaborate. In order to ensure that remote employees can access company networks and data securely, cybersecurity measures are becoming more and more necessary as remote work adoption rises.
The worldwide edge AI software market is transforming the way businesses work as a result of the development of new technologies and applications driven by artificial intelligence. For customer service and assistance, for instance, AI-powered chatbots and virtual assistants are gaining popularity, which eliminates the need for human engagement. Tools with artificial intelligence (AI) are being utilised in the healthcare sector to examine medical images and aid in disease diagnosis. AI is being utilized in manufacturing to streamline production procedures and decrease downtime. The development of autonomous cars, which have the potential to completely change the transportation sector, is also being fuelled by AI. Businesses of all sizes and industries are anticipated to benefit as technology progresses and becomes more widely available
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By Regions and Countries
o North America
o Europe
o Asia-Pacific
o South America
o Middle East & Africa
Following are the players analyzed in the report
• NVIDIA Corporation (United States)• Intel Corporation (United States)• Google LLC (United States)• Microsoft Corporation (United States)• IBM Corporation (United States)• Qualcomm Technologies, Inc. (United States)• Apple Inc. (United States)• Huawei Technologies Co., Ltd. (China)• Amazon Web Services, Inc. (United States)• Samsung Electronics Co., Ltd. (South Korea)• Cisco Systems, Inc. (United States)• Dell Technologies, Inc. (United States)• Baidu, Inc. (China)• Alibaba Group Holding Limited (China)• Tencent Holdings Limited (China)• HPE (Hewlett Packard Enterprise) Company (United States)• Fujitsu Limited (Japan)• NEC Corporation (Japan)• Advanced Micro Devices, Inc. (United States)• Xilinx, Inc. (United States)
View report summary and Table of Contents (TOC): https://www.skyquestt.com/report/edge-ai-software-market
The research provides answers to the following key questions:
• What is the estimated growth rate of the market for the forecast period 2024-2031? What will be the market size during the estimated period?
• What are the key driving forces responsible for shaping the fate of the Edge AI Software Market during the forecast period?
• Who are the major market vendors and what are the winning strategies that have helped them occupy a strong foothold in the Edge AI Software Market?
• What are the prominent market trends influencing the development of the Edge AI Software Market across different regions?
• What are the major threats and challenges likely to act as a barrier in the growth of the Edge AI Software Market?
• What are the major opportunities the market leaders can rely on to gain success and profitability?
About Us:
SkyQuest is an IP focused Research and Investment Bank and Accelerator of Technology and assets. We provide access to technologies, markets and finance across sectors viz. Life Sciences, CleanTech, AgriTech, NanoTech and Information & Communication Technology.
We work closely with innovators, inventors, innovation seekers, entrepreneurs, companies and investors alike in leveraging external sources of R&D. Moreover, we help them in optimizing the economic potential of their intellectual assets. Our experiences with innovation management and commercialization has expanded our reach across North America, Europe, ASEAN and Asia Pacific.
Contact:
Mr. Jagraj Singh
Skyquest Technology
1 Apache Way, Westford,
Massachusetts 01886
USA (!) 351-333-4748
Visit Our Website: https://www.skyquestt.com/
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