Edge analytics is the process of data collection and analysis in which an automated analytical computation is performed on data on a network switch, sensor or any other device. In edge analytics, the analysis is performed on the device instead of performing analysis after data is being sent to the data store. Edge analytics helps by decreasing storage and operation cost and by providing linear scalability. The increasing popularity for IoT devices is driving the growth of this market.
MARKET DYNAMICS
The key driving factors prevailing in edge analytics market such as increasing amount of data from IoT devices, and growing focus towards increasing scalability and cost optimization. However, the lack of standardization and increasing security concerns are the primary factors that might hinder the growth of edge analytics market.
MARKET SCOPE
The "Global Edge analytics Market Analysis to 2028" is a specialized and in-depth study of the technology, media and telecommunication industry with a special focus on the global market trend analysis. The report aims to provide an overview of edge analytics market with detailed market segmentation by solution, type, deployment model, industry vertical and geography. The global edge analytics market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading edge analytics market players and offers key trends and opportunities in the Edge analytics market.
MARKET SEGMENTATION
The global edge analytics market is segmented on the basis of solution, type, deployment model, industry vertical. Based solution, the market is segmented as software and service. On the basis of the type the market is segmented as historical analysis, predictive analysis, prescriptive analytics, and others. On the basis of deployment model the market is divided into cloud and on-premise. On the basis of industry vertical the market is segmented as public sector, retail, healthcare, it and telecom, manufacturing, energy and utility, transportation, and others.
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REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Edge analytics market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Edge analytics market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Edge analytics market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the Edge analytics market in these regions.
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MARKET PLAYERS
The reports cover key developments in the Edge analytics market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from Edge analytics market are anticipated to lucrative growth opportunities in the future with the rising demand for Edge analytics in the global market. Below mentioned is the list of few companies engaged in the Edge analytics market.
The report also includes the profiles of key Edge analytics companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
-AGT International Inc.
-Apigee Corporation (Google)
-CGI Advanced Analytics Solutions
-Cisco Systems, Inc.
-FogHorn Systems
-Greenwave Systems
-Intel Corporation
-Oracle Corporation
-Prism Tech
-SAP SE
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