Edge AI Software Market - Trends Forecast Till 2028

Edge AI Software Market, by Material Type (Copper, Low Carbon), End-Use (Residential, Commercial, Industrial), Implementation (New Construction, Retrofit) and Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)

Published Date: December, 2021

Base Year Estimate: 2020

Report ID: D-IT-EAISM-1028

Format:  

Number of Pages: 411

Domain: IT & Telecom

Edge AI Software Market – Trends Forecast Till 2028

The global edge AI software market size is projected to reach a CAGR of 27.4% from 2021-2028.

Edge Artificial Intelligence (AI) software is a combination of edge computing technology and machine learning. This AI software automatically transforms raw data into movements or events, predictions, insights without costly analysis of data and big data. The software tools that are offered are in the form of frameworks and software development kit which offers benefit of merging AI abilities with software applications.

Increasing enterprise workloads on cloud, rapid developments of IoT, and growth in number of intelligent applications are some of the factors that have supported long-term expansion for Edge AI Software Market.

Edge AI Software Market Size Analysis

China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific.

Edge AI Software Market is segmented into component, data source, application, industry vertical and region.

On the basis of Component

  • Solutions
  • Services

On the basis of Data Source  

  • Speech Recognition
  • Biometric Data
  • Sensor Data
  • Mobile Data

On the basis of Application

  • Autonomous Vehicles
  • Access Management
  • Video Surveillance
  • Remote Monitoring & Predictive Maintenance
  • Telemetry
  • Energy Management

On the basis of Industry Vertical

  • Government & Public
  • Manufacturing
  • Automotive
  • Energy & Utilities
  • Telecom
  • Healthcare
  • Others

On the basis of Region

  • Asia Pacific
  • North America
  • Europe
  • South America
  • Middle East & Africa

Insights are provided for each region and major countries within the regions

Edge AI Software Market Primary Respondent

 

Key Players

  • WS Corporation
  • Anagog Inc.
  • Bragi Inc.
  • Foghorn Systems Pvt Ltd
  • Google LLC
  • IBM Corporation
  • Microsoft Corporation
  • Nutanix Inc.
  • TIBCO Software Inc.
  • Veea Systems Inc.

Recent Developments

  • 28 September, 2021-TIBCO Software Inc., a global leader in enterprise data, empowers its customers to connect, unify, and confidently predict business outcomes, solving the world's most complex data-driven challenges. TIBCO announced an evolution of its data quality capabilities into the new TIBCO DQ product family, along with key enhancements to TIBCO® Data Virtualization and TIBCO EBX® within the Unify portfolio.
  • September 29,2021-TIBCO has launched Cloud Discover and Cloud Composer, along with TIBCO LABS Gallery, a new way for customers to interact with its innovation centre.

Reasons to Acquire

  • Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
  • Gain authentic and granular data access for Edge AI Software Market so as to understand the trends and the factors involved behind changing market situations
  • Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
  • In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Report Scope

 

Report Feature

Descriptions

Growth Rate

CAGR of 27.4% during the forecasting period, 2021-2028

Historical Data

2018-2019

Forecast Years

2021-2028

Base Year

2020

Units Considered

Revenue in USD billion and CAGR from 2021 to 2028

Report Segmentation

component, data source, application, industry vertical and region.

Report Attribute

Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling

Regional Level Scope

North America, Europe, Asia-Pacific, South America, and Middle East and Africa

Country Level Scope

U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe)

Companies Profiled

WS Corporation, Anagog Inc., Bragi Inc., Foghorn Systems Pvt Ltd, Google LLC, IBM Corporation, Microsoft Corporation, Nutanix Inc., TIBCO Software Inc., and Veea Systems Inc.,

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