PUBLISHER: TechNavio | PRODUCT CODE: 1603992
PUBLISHER: TechNavio | PRODUCT CODE: 1603992
Edge Analytics Market 2024-2028
The edge analytics market is forecasted to grow by USD 9687.3 mn during 2023-2028, accelerating at a CAGR of 23% during the forecast period. The report on the edge analytics market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing availability and complexity of data, growing need to improve business efficiency, and increase in adoption of edge analytics by smes.
Market Scope | |
---|---|
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 18.4% |
CAGR | 23% |
Incremental Value | $9687.3 mn |
Technavio's edge analytics market is segmented as below:
By Component
By Geographical Landscape
This study identifies the growing deployment of iot data in edge analytics as one of the prime reasons driving the edge analytics market growth during the next few years. Also, adoption of strategies by vendors and ai-powered customer analytics will lead to sizable demand in the market.
The report on the edge analytics market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading edge analytics market vendors that include ABB, Analytic Edge, CGI Inc., Cisco Systems Inc., Dell Technologies Inc., Equinix Inc., FIRST PRIVACY Holding GmbH, FogHorn Systems, Greenwave Systems, Hewlett Packard Enterprise Co., Iguazio Ltd., Intel Corp., International Business Machines Corp., Oracle Corp., Predixion Software, PTC Inc., SAP SE, and SAS Institute Inc.. Also, the edge analytics market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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