Global Edge Artificial Intelligence (AI) Software Market Share and Growth 2021| Future Growth, Size, Share, Types, Products, High Demand, Industry Analysis and Forecasts 2028
The global edge Artificial Intelligence (AI) software market size reached USD 585.1 Million in 2020 and is expected to register a CAGR of 20.1%, during the forecast period, according to latest analysis by Emergen Research. 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.
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.
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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 & image recognition segment is expected to lead in terms of revenue over the forecast period due to increasing adoption of edge AI software for video & image recognition across various industries.
- 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 study of the Global Edge Artificial Intelligence (AI) Software Market by Emergen Research offers insightful data about the market size and market trends inclusive of factors and elements impacting the market growth. The Edge Artificial Intelligence (AI) Software industry study offers a panoramic view of the industry with key outcomes and market data validated and verified by the industry professionals. The crucial information covered by the report offers the readers and businesses a way to capitalize on the current market scenario and enables a strategic business decision-making process for improved profitability. Some of the key players of the market analyzed in the report to offer a better understanding of the competitive landscape are 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.
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Edge Artificial Intelligence (AI) Software Segmentation based on Key Geographical Regions:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
- Component Outlook (Revenue, USD Million; 2018–2028)
- Services
- Solutions
- Component Outlook (Revenue, USD Million; 2018–2028)
- Data Source Outlook (Revenue, USD Million; 2018–2028)
- Mobile Data
- Biometric Data
- Video & Image Recognition
- Sensor Data
- Speech Recognition
- Application Outlook (Revenue, USD Million; 2018–2028)
- Video Surveillance
- Telemetry
- Autonomous Vehicles
- Remote Monitoring
- Field Service Support
- Energy Management
- Smart Wearables
- Precision Agriculture
- Predictive Maintenance
- Access Management
- Point of Sales
- Augmented Reality & Virtual Reality
- Others
- End-Use Outlook (Revenue, USD Million; 2018–2028)
- Manufacturing
- Government
- BFSI
- Healthcare
- Retail
- Telecom
Objectives of the Study:
The segmentation of the market is done on the basis of product types, application spectrum, and the key regions of the Edge Artificial Intelligence (AI) Software market. Along with this, the report also provides extensive coverage of the key companies and their strategic schemes to gain a substantial market position. The report also covers their strategic alliances such as mergers and acquisitions, joint ventures, collaborations, product launches, brand promotions, corporate deals and government deals, agreements, and partnerships, among others.
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Additionally, the Edge Artificial Intelligence (AI) Software report also offers an extensive analysis of the key elements that influence the growth of the market, such as drivers, constraints, opportunities, limitations, threats, and micro and macro-economic factors. It also offers exhaustive SWOT analysis, Porter’s Five Forces analysis, feasibility analysis, and investment return analysis. It also offers strategic recommendations to the new entrants on how to overcome the entry-level barriers. Strategic recommendations for the established players assists them to fortify their position in the market.
Table Of Content:
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2021–2028
Chapter 3. Key Insights
Chapter 4. Edge AI Software Market Segmentation & Impact Analysis
4.1. Edge AI Software Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Increasing number of artificial intelligence applications
4.2.2.2. Increasing introduction of 5G network
4.2.2.3. Rising enterprise workloads on cloud
4.2.2.4. Increasing developments of Internet of Things (IoT)
4.2.3. Market restraints analysis
4.2.3.1. Concerns regarding privacy and security of edge AI software
4.2.3.2. Interoperability issues of edge AI software with core systems
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. Edge AI Software Market By Component Insights & Trends, Revenue (USD Million)
5.1. Component Dynamics & Market Share, 2021–2028
5.1.1. Services
5.1.2. Solutions
Chapter 6. Edge AI Software Market By Data Source Insights & Trends, Revenue (USD Million)
6.1. Data Source Dynamics & Market Share, 2021–2028
6.1.1. Mobile Data
6.1.2. Biometric Data
6.1.3. Video & Image Recognition
6.1.4. Sensor Data
6.1.5. Speech Recognition
Chapter 7. Edge AI Software Market By Application Insights & Trends, Revenue (USD Million)
7.1. Application Dynamics & Market Share, 2021–2028
7.1.1. Video Surveillance
7.1.2. Telemetry
7.1.3. Autonomous Vehicles
7.1.4. Remote Monitoring
7.1.5. Field Service Support
7.1.6. Energy Management
7.1.7. Smart Wearables
7.1.8. Precision Agriculture
7.1.9. Predictive Maintenance
7.1.10. Access Management
7.1.11. Point of Sales
7.1.12. Augmented Reality & Virtual Reality
7.1.13. Others
Continue..
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