Global Edge AI Software Market 2019 | Major Countries

Posted by aarkstoremarketresearch on January 13th, 2020

Aarkstore Enterprise announced Latest Trending Market Research Report Titled “Global Edge AI Software Market Research Report 2019-2023” under Technology Category. Global Edge Artificial Intelligence (AI) Software market is expected to grow at a CAGR of over 25% during 2019 – 2024. The report also provides detailed analysis, market opportunities, and industry stakeholders.

Global Edge Artificial Intelligence (AI) Software market is expected to grow at a CAGR of over 25% during 2019 – 2024 on account of a significant increase in the number of intelligent applications. Edge artificial intelligence software allows processing, aggregation, computation and analysis of data present in the edge devices by leveraging IoT and artificial intelligence technologies. The integration of artificial intelligence in edge devices helps to minimize latency, lessen threats and improve reliability which is promoting the growth of the market. Moreover, increasing the workload of enterprises on cloud is further likely to elevate the demand for the global edge AI software market through 2024.

View Full Market Research Reports on Market: https://www.aarkstore.com/ict/1799730/global-edge-ai-software-market-by-component-forecast-and-opportunities

Global edge AI software market can be segmented based on the component, data source, application, end user and region. Based on component, the market can be bifurcated into solutions and services. Edge AI software solutions integrate machine learning and edge computing technology so as to derive crucial insights without costly analysis, thereby boosting the growth of solutions segment through 2024. On the basis of data source, global edge AI software market can be segmented into video & image recognition, speech recognition, biometric data, mobile data and sensor data. Video & image recognition led the market in 2018 and the trend is expected to continue during the forecast period as edge AI software is used to analyze images and videos, locally on the devices. Edge artificial intelligence software caters to various end user segments such as government, manufacturing, IT & telecom, Technology, energy & utilities and others. Manufacturing and Energy & Utilities verticals acquired the largest shares in 2018 as the vertical include technology-driven operations, which depend on real-time insights.

Regionally, global edge AI software is gaining traction and expanding to various regions across the globe. North America is leading the global edge AI software market and is likely to maintain its position during the forecast period as well on account of high investments by public and private sectors in artificial intelligence and machine learning technologies in the economies of the region.

Major players operating in the global edge AI software market include Google LLC, Amazon Web Services Inc., Microsoft Corp., Nutanix Inc., TIBCO Software Inc., IBM Corporation, Octonion SA, Anagog, Veea, among others. Major companies are developing advanced technologies and launching new products in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new product developments.

Years considered for this report:

  • Historical Years: 2014-2017
  • Base Year: 2018
  • Estimated Year: 2019
  • Forecast Period: 2020–2024

The objective of the Study:

  • To analyze and forecast the market size of the global Edge AI Software market.
  • To classify and forecast global Edge AI Software market based on component, data source, application, end user, and regional distribution.
  • To identify drivers and challenges for global Edge AI Software market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global Edge AI Software market.
  • To identify and analyze the profile of leading players operating in global Edge AI Software market.

It performed both primary as well as exhaustive secondary research for this study. Initially, It sourced a list of service providers across the globe. Subsequently, It conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, It could include the service providers which could not be identified due to the limitations of secondary research. It analyzed the service offerings and presence of all major service providers across the globe.

It calculated the market size of global Edge AI Software market using a bottom-up approach and top-down approach, wherein data for various end-user segments was recorded and forecast for the future years. It sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by It.

Key Target Audience:

  • Edge AI Software service providers
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums and alliances related to Edge AI Software
  • Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, global Edge AI Software market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Market, By Component:

o Solutions

  • Software
  • Platform

o Services

  • Training & Consulting
  • Integration
  • Support & maintenance
  • Market, By Data Source:
  • Video & Image Recognition
  • Speech Recognition
  • Biometric data
  • Mobile data & Sensor data
  • Market, By Application:
  • Access Management
  • Video Surveillance
  • Remote Monitoring & Predictive Maintenance
  • Others
  • Market, By End User:
  • Energy & Utilities
  • Technology
  • Government
  • Manufacturing
  • IT & Telecom
  • Others
  • Market, By Region:

o North America

  • United States
  • Mexico
  • Canada

o Europe

  • United Kingdom
  • Germany
  • France
  • Spain
  • Italy

o Asia Pacific

  • China
  • Japan
  • South Korea
  • Singapore
  • Malaysia

o South America

  • Brazil
  • Argentina
  • Colombia

o Middle East & Africa

  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the global Edge AI Software market.


Available Customizations:

With the given market data, It offers customizations according to a company’s specific needs. The following customization options are available for the report:


Company Information

  • Detailed analysis and profiling of additional market players (up to five).

To Get a Free Sample Report, Kindly Contact Us On: contact@aarkstore.com 

About Aarkstore Enterprise

Aarkstore curates Global market research reports from various industry verticals and serves Edge AI Softwareinesses worldwide. As market research report resellers, we at Aarkstore, partner with established publishers for both; syndicated data and customized reports. The market research data supplied by us is up-to-date and reliable for current day industry analysis and future market forecasts equally.

Avail Market Research Reports from us and gathers critical information about customer preferences, market requirements, key drivers and challenges for your Edge AI Softwareiness to align your strategies with them. The comprehensive overview of the market provided will allow you to make insight-driven decisions giving you an upper hand in the competitive landscape.

Contact Us:

Aarkstore Enterprise
+91 9987295242 | contact@aarkstore.com | www.aarkstore.com

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