The global Edge Analytics Market will register a 27.3% cagr in terms of revenue, the global market size will reach us$ 5.20 million by 2027.
The Global Edge Analytics Market is increasing at a faster rate, with significant growth rates in recent years. The global Edge Analytics Market is being driven by the generation of data as a result of the increasing adoption of linked devices, the internet of things (IoT), and automation. Another reason propelling the global market's growth is the growing use of predictive analytics and real-time analytics in many sectors in order to provide better product offerings and customer service & experience. Furthermore, the increasing number of internet users, as well as the expanding use of digital services, notably in the Asia Pacific region, are likely to propel the global market forward significantly throughout the forecast period.
The global edge analytics market forecast study focuses on growth opportunities, restraints, and trends. The report uses Porter's five forces analysis to assess the impact of several aspects on the edge analytics sector, including supplier bargaining power, competitor competitive intensity, threat of new entrants, threat of substitutes, and buyer bargaining power.
Top key players in the Edge Analytics market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The global Edge Analytics market is fragmented with a large number of small players operating worldwide. The companies referred to in the market research report include Cisco Systems Inc (NASDAQ: CSCO), General Electric Company (NYSE: GE), Microsoft Corporation (NASDAQ: MSFT), PTC Inc.(NASDAQ: PTC), SAP SE (NYSE: SAP), Oracle Corporation, SAS Institute, AGT International, Inc., CGI Inc(TSE: GIB.A), Foghorn Systems, IBM Corporation, Greenwave Systems, Apigee Corporation, Predixion Software and other.
Cisco Accelerates Secure Cloud Adoption with Launch of New WAN Edge Platform
October 20, 2020 – Cisco (NASDAQ: CSCO) today announced its new Wide Area Networking (WAN) edge platform to help customers accelerate cloud adoption and deliver secure and automated connectivity to applications across cloud, data center, and edge. A foundational piece of Cisco’s intent-based networking portfolio, the Catalyst 8000 Edge family provides customers with an innovative and high-performance routing platform. Through built-in analytics, the new platform delivers greater visibility into network or application problems and drives informed decisions to optimize user experiences.
Market is segmented based on the type, applications, companies and regions.
By type, Edge Analytics Market has been segmented into
The end user’s industry application on Edge Analytics Market is,
North American insurance businesses are shifting their approach to cloud computing. While both property and liability and life insurers have used cloud to improve agility, operational efficiency, recruit new talent, and cut costs, there is a growing trend among insurers to regard the cloud as a business asset. The cost of cloud operations can be greatly decreased by implementing a distributed edge computing architecture, in which edge devices work together to perform a crucial task that a cloud device cannot perform on its own, minimising cloud dependency.
North america
The Edge Analytics market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The global Edge Analytics market report also conducted a pestel analysis of the industry to study the main influencing factors and entry barriers of the industry.
Report attributes | Report details |
Report title | Edge Analytics Market - global growth, trends and forecast (2022 - 2027) By types, By application, By regions and By key players: Cisco Systems Inc (NASDAQ: CSCO), General Electric Company (NYSE: GE), Microsoft Corporation (NASDAQ: MSFT) |
Forecast period 2022 to 2028 cagr | Cagr of 27.3% over the forecast period (2022-2027) |
By type |
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By application |
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By companies | Cisco Systems Inc (NASDAQ: CSCO), General Electric Company (NYSE: GE), Microsoft Corporation (NASDAQ: MSFT), PTC Inc. (NASDAQ: PTC), SAP SE (NYSE: SAP), Oracle Corporation, SAS Institute, AGT International, Inc., CGI Inc (TSE: GIB.A), Foghorn Systems, IBM Corporation, Greenwave Systems, Apigee Corporation, Predixion Software |
Regions covered |
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Countries covered |
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Base year | 2022 |
Historical year | 2017 to 2021 |
Forecast year | 2022 to 2027 |
Number of pages | 114 |
Customization available | Yes, the report can be customized as per your needs |
What is the study period of this Market?
The Edge Analytics market is studied from 2017 - 2027.
What is the growth rate of Edge Analytics Market?
The Edge Analytics market is growing at a cagr of 27.3% over the next 5 years.
Who are the key players in Edge Analytics Market?
Cisco Systems Inc (NASDAQ: CSCO), General Electric Company (NYSE: GE), Microsoft Corporation (NASDAQ: MSFT), PTC Inc. (NASDAQ: PTC), SAP SE (NYSE: SAP), Oracle Corporation, SAS Institute, AGT International, Inc., CGI Inc(TSE: GIB.A), Foghorn Systems, IBM Corporation, Greenwave Systems, Apigee Corporation, Predixion Software
What regions does this Edge Analytics Market report covers?
North america (the united states, canada, and mexico)
europe (germany, france, uk, russia, and italy)
asia-pacific (china, japan, korea, india, and southeast asia)
south america (brazil, argentina, colombia, etc.)
The middle east and africa (saudi arabia, uae, egypt, nigeria, and south africa)
What are the significant types of Edge Analytics Market?
On-premise, Cloud
What are the major end-use applications of the Edge Analytics Market?
Retail, Healthcare, Transportation and Logistics, Government and Defense, Oil and Gas, Manufacturing, Energy, Others
All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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