Global Edge Analytics Market to 2030 – Featuring IBM, Cisco Systems, Dell
DUBLIN–(BUSINESS WIRE)–The “Edge Analytics Market By Component, By Type, By Deployment Model, By Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2020-2030” report has been added to ResearchAndMarkets.com’s offering.
According to this report the edge analytics market was valued at $5.2 billion in 2020, and is estimated to reach $47.4 billion by 2030, growing at a CAGR of 24.9% from 2021 to 2030.
Edge analytics is a type of process which helps in collecting, analyzing, and creating actionable insights in real-time directly from the IoT devices generating the data. It is a model of data analysis where incoming data streams are analyzed at a non-central point in the system such as a switch, a peripheral node, or a connected device or sensor. Web and mobile application analytics track a variety of metrics constantly, both on the backend and the front-end of the application’s stack.
Growth in demand for faster and seamless processing aids in the growth of the global edge analytics market. In addition, surge in cloud deployments positively impact the growth of the market. However, higher installation and maintenance costs for edge analytical solutions hamper the market growth. On the contrary, increased processing and computing capabilities are expected to offer remunerative opportunities for expansion of the market during the forecast period.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the edge analytics market analysis from 2020 to 2030 to identify the prevailing edge analytics market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the edge analytics market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global edge analytics market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Component
- Solution
- Service
By Type
- Descriptive Analytics
- Predictive Analytics
- Prescriptive Analytics
By Deployment Model
- On-Premise
- Cloud
By Industry Vertical
- Retail, E-Commerce and Consumer Electronics
- Energy and Utilities
- Healthcare
- Transportation and Logistics
- IT and Telecom
- Manufacturing
- Others
By Region
- North America
- U.S.
- Canada
- Europe
- U.K.
- Germany
- France
- Spain
- Italy
- Netherlands
- Rest of Europe
- Asia-Pacific
- China
- Japan
- South Korea
- Australia
- India
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Market Players
- IBM Corporation
- Cisco Systems, Inc.
- Dell Inc.
- Equinix, Inc.
- Greenwave Systems
- HP Inc.
- Iguazio
- Intel Corporation
- Microsoft Corporation
- Oracle Corporation
For more information about this report visit https://www.researchandmarkets.com/r/r2dgoa
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