Edge AI Software Market Size, Business Scenario, Share, Growth, Insights, Industry Analysis, Trends and Forecasts Report 2028
Edge Artificial Intelligence Software Market
Size – USD 585.1 Million in 2020, Market Growth – at a CAGR of 20.1%, Market
Trends – Rising need for
real-time operations
Global edge Artificial Intelligence software market revenue
growth is expected to be driven by increasing number of AI applications, rapid
introduction of 5G network globally, and rising demand for real-time operations,
which are crucial for robotics and self-driving vehicles. However, concerns
regarding privacy and security of edge AI software is expected to hamper growth
of the global edge AI software market to a certain extent over the forecast
period.
The Global Edge
Artificial Intelligence Software Market report assesses the historical and
current data along with a thorough analysis of the market dynamics. The report
also sheds light on the significant market growth driving and restraining
factors that are anticipated to influence the market growth through the
forecast period.
To
access a sample copy of the report, click on the link: https://www.emergenresearch.com/request-sample/659
Key
Market Dynamics: The global Edge Artificial
Intelligence Software market research report details on the ongoing market
trends, development outlines, and several research methodologies. It
illustrates the key factors that directly manipulate the market, for instance,
production strategies, development platforms, and product portfolio. According
to our researchers, even minor changes within the product profiles could result
in huge disruptions to the above-mentioned factors. Each of these factors has
been elaborately discussed in the initial segment of the study.
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Some
Key Highlights From the Report
·
The solution segment revenue is expected
to expand at a significant CAGR during the forecast period. Increasing adoption
of edge AI software across various industries due to high flexibility and
support provided by edge AI solutions is expected to boost revenue growth of this
segment going ahead.
·
The video surveillance segment is expected
to lead in terms of revenue over the forecast period due to increasing adoption
of edge AI software for video surveillance to enhance surveillance and tracking
while decreasing the quantity of data transferred to the cloud.
·
The telecom segment is expected to lead in
terms of revenue over the forecast period due to increasing adoption of edge AI
software among telecom companies to manage mobile generated data for business
process.
·
Factors such as increasing strategic
alliances among major IT companies to develop advanced edge AI software in
countries in North America is expected to drive growth of the market in the
region during the forecast period.
·
Key
players in the market include Microsoft Corporation,
Alphabet Inc., Nutanix, Inc., International Business Machines Corporation,
Synaptics Incorporated, Bragi GmbH, TIBCO Software Inc., FogHorn Systems, Inc.,
Invision AI Inc., and Amazon Web Services.
The findings of the
report explain various aspects of the market, such as market status,
developmental prospects, key regional segments, renowned market players,
product offerings, end-use industries.
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Geographical
Terrain of the Global Edge Artificial Intelligence Software Market:
·
North America
·
Europe
·
Asia Pacific
·
Latin America
·
Middle East & Africa
The
global Edge Artificial Intelligence Software market is segmented based on product types
offered in the market, their applications, end-user industries, different types
of technologies, and key regions of the market.
·
Component Outlook (Revenue, USD
Million; 2018–2028)
o Services
o Solutions
·
Data Source Outlook (Revenue, USD
Million; 2018–2028)
o Mobile
Data
o Biometric
Data
o Video
& Image Recognition
o Sensor
Data
o Speech
Recognition
·
Application Outlook (Revenue, USD
Million; 2018–2028)
o Video
Surveillance
o Telemetry
o Autonomous
Vehicles
o Remote
Monitoring
o Field
Service Support
o Energy
Management
o Smart
Wearables
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get a customized sample of the report, visit: https://www.emergenresearch.com/request-for-customization/659
Key
Questions You Asked:
·
What is the growth rate of the Edge
Artificial Intelligence Software market?
What is the anticipated market valuation of the Edge Artificial Intelligence
Software industry by 2028?
·
What are the key growth driving and
restraining factors of the Edge Artificial Intelligence Software market?
·
Who are the prominent players operating in
the market? What are the key strategies adopted by these companies?
·
What are the key opportunities and growth
prospects of the Edge Artificial Intelligence Software industry over the forecast period?
·
Which region is expected to show
significant growth in the coming years?
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