Global Edge Analytics Industry to 2028

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Global Edge Analytics Market

Global Edge Analytics Market

Global Edge Analytics Market

Dublin, 01 July 2022 (GLOBE NEWSWIRE) — The report “Global Edge Analytics Market Size, Share & Industry Trends Analysis Report By Component, By Type, By Organization Size, By Vertical, By Regional Outlook and Forecast, 2022-2028″ has been added to from offer.

The global Edge Analytics market size is expected to reach USD 28.3 billion by 2028, with the market growing at 24.8% CAGR during the forecast period.

Edge Analytics, a type of big data analysis, enables real-time analysis of data created at the edge of network devices that is unstructured. Instead of streaming data back to a centralized storage or data server, edge analytics performs real-time analytical calculations on the acquired data. Edge analytics is growing at a rapid pace around the world, due to continuous developments in improving workplace performance and increased use of the Internet of Things (IoT), all of which propel Edge analysis market forward. Moreover, its unique qualities, such as cost optimization and scalability, propel the industry forward.

Edge Analytics is a method of data collection and analysis in which automated analytical computation is performed on data at the edge of a node, network switch, or other network endpoint instead of wait for the data to be returned to a centralized data repository. The edge analytics market is estimated to grow rapidly over the next few years, owing to the increased penetration of internet and cloud. Moreover, the increased demand for automation will have a positive impact on the growth of the market. The increased efficiency of network nodes is expected to provide lucrative prospects for the growth of the edge analytics market.

Edge Analytics uses advanced analytics and machine learning on the data collection site to help businesses get to more advanced data faster. It also increases yields, increases throughput, decreases downtime and improves efficiency. Due to the rapid development and spread of the Internet of Things (IoT) and the rapid growth in data availability through connected devices and real-time intelligence, it is becoming increasingly popular.

COVID-19 Impact Analysis

COVID-19 has put a lot of pressure on governments around the world. The virus has had drastic effects on the health of the population and claimed millions of lives. Government-mandated shutdowns to curb the spread of the virus have led to shuttered industries and supply chain issues. Since edge analytics is widely deployed in the retail industry and it is one of the most affected industries due to lockdowns, the edge analytics market has been seriously affected.

Market Growth Factors

Adoption of connected devices and increased demand for prescriptive analytics

Through the efficient integration of data received from connected devices and network equipment for increased analysis of real-time events, organizations around the world have focused on improving productivity and reducing the maintenance of computer systems. ‘to analyse. The data edge analytics solutions market is expected to grow at a steady pace throughout the forecast period, driven by an increase in demand for real-time monitoring and prescriptive analytical modeling. This contributes to the growth of the edge scanning industry.

Edge Analytics leads to the lowest possible latency

The main benefit of Edge Analytics is that it reduces latency and hence improves overall system performance. Additionally, it allows users to react more quickly to certain data points, such as an overheating jet engine shutdown, without the need to log into a central procedure. Since the data is computed at the edge, this allows application developers to use local compute cycles, without incurring network latency. This allows developers to access data in real time, rather than waiting for it to be uploaded to the cloud, for applications such as predictive maintenance, machine learning, and OT management.

Market restraining factors

Loss of raw data

The increased efficiency provided by edge scanning comes at a price. Only a small part of the data will be processed and evaluated, the results being sent via the Internet. This basically implies that the raw data is discarded, which means that some information that could have been acquired is lost. It is important to think about the type of device and how the data will be used. A retailer may determine that improving data efficiency is more important than sacrificing theoretical data insights, but an aircraft cannot make the same decision. Although more inconvenient, collecting all raw data and analyzing it offsite is still the preferred strategy when security is a concern.

Main topics covered:

Chapter 1. Market Scope and Methodology

Chapter 2. Market Overview
2.1 Presentation
2.1.1 Presentation Market composition and scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market constraints

Chapter 3. Competitive Analysis – Global
3.1 Cardinal matrix KBV
3.2 Recent Industry-Wide Strategic Developments
3.2.1 Partnerships, collaborations and agreements
3.2.2 Product launches and product extensions
3.2.3 Acquisitions and mergers
3.3 Market Share Analysis, 2020
3.4 Main winning strategies
3.4.1 Key Primary Strategies: Percentage Breakdown (2018-2022)
3.4.2 Key Strategic Movement: (Partnerships, Collaborations and Agreements: 2018, Dec – 2022, Jan) Key Players

Chapter 4. Global Edge Analytics Market by Component
4.1 Global Solutions Market by Region
4.2 Global Services Market by Region

Chapter 5. Global Edge Analytics Market by Type
5.1 Global Descriptive Market by Region
5.2 Global Prediction Market by Region
5.3 Global Normative Market by Region

Chapter 6. Global Edge Analytics Market by Organization Size
6.1 Global Large Enterprise Market by Region
6.2 Global Small & Medium Enterprise Market by Region

Chapter 7. Global Edge Analytics Market by Vertical
7.1 Global Information and Telecommunications Technology Market by Region
7.2 Global Energy and Utilities Market by Region
7.3 Global Retail, e-Commerce and Consumer Electronics Market by Region
7.4 Global Logistics and Transportation Market by Region
7.5 Global Healthcare & Life Sciences Market by Region
7.6 Global Manufacturing Market by Region
7.7 Global Others Market by Region

Chapter 8. Global Edge Analytics Market by Region

Chapter 9. Business Profiles
9.1 IBM Corporation
9.1.1 Company Overview
9.1.2 Financial analysis
9.1.3 Regional and sectoral analysis
9.1.4 Research and development costs
9.1.5 Recent Strategies and Developments Partnerships, collaborations and agreement:
9.2 Cisco Systems, Inc.
9.2.1 Company Overview
9.2.2 Financial analysis
9.2.3 Regional Analysis
9.2.4 Research and development costs
9.2.5 Recent Strategies and Developments Partnerships, collaborations and agreement:
9.3 Intel Corporation
9.3.1 Company Overview
9.3.2 Financial analysis
9.3.3 Sectoral and regional analysis
9.3.4 Research & Development expenses
9.3.5 Strategies and recent developments: Product launches and product extensions: Acquisitions and mergers:
9.4 Oracle Corporation
9.4.1 Company Overview
9.4.2 Financial analysis
9.4.3 Sectoral and regional analysis
9.4.4 Research and development costs
9.4.5 Recent Strategies and Developments Partnerships, collaborations and agreement: Product launches and product extensions: Acquisitions and mergers:
9.5 Microsoft Corporation
9.5.1 Company Overview
9.5.2 Financial analysis
9.5.3 Sectoral and regional analysis
9.5.4 Research and development costs
9.5.5 Recent Strategies and Developments Partnerships, collaborations and agreement: Acquisitions and Mergers:
9.6 Dell Technologies, Inc.
9.6.1 Company Overview
9.6.2 Financial analysis
9.6.3 Sectoral and regional analysis
9.6.4 Research and development costs
9.6.5 Recent Strategies and Developments: Partnerships, collaborations and agreements: Product launches and product extensions:
9.6.6 SWOT Analysis:
9.7 Hewlett Packard Enterprise Company
9.7.1 Company Overview
9.7.2 Financial analysis
9.7.3 Sectoral and regional analysis
9.7.4 Research and development costs
9.7.5 Recent Strategies and Developments Partnerships, collaborations and agreement: Acquisitions and mergers: Product launches and product extensions:
9.8 Equinine, Inc.
9.8.1 Company Overview
9.8.2 Financial analysis
9.8.3 Regional Analysis
9.8.4 Recent Strategies and Developments Partnerships, collaborations and agreement: Acquisitions and mergers:
9.9 Greenwave Systems, Inc.
9.9.1 Company Overview
9.9.2 Strategies and recent developments: Product launches and product extensions:
9.10. Iguazio Ltd.
9.10.1 Company Overview
9.10.2 Strategies and recent developments: Partnerships, collaborations and agreements:

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