The global Edge Analytics Market is forecasted to be worth USD 33.65 Billion by 2027, according to a current analysis by Emergen Research. Due to the growing demand for real-time intelligence on network devices, the global Edge Analytics market is forecasted to grow significantly over the forecasted period. Besides, the rising government initiatives in Information and Communication Technology are anticipated to further fuel the market growth in the forecast timeline. Moreover, the rise in the implementation of connected devices is likely to drive the market growth shortly. IoT devices' adoption is growing exponentially, generating massive volumes of data and requiring real-time data analytics.

Based on the in-depth analysis the research also brings to light major facts pertaining to the vital aspects such as market share, size, and growth rate. Deep dive into other aspects including the investment feasibility, demand and supply, import and export status, supply chain management and growth prospects narrates a lot about what the business environment will be like for the forecast period,2020 - 2027. All the vital statistics in the report are explained with the help of resources such as tables, charts, and info graphics.

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Key Highlights From The Report

In June 2020, ADRM Software was acquired by Microsoft Corporation. The combination of ADRM 's extensive industry models with Azure's limitless storage and computation would facilitate the generation of an intelligent data lake where data from different business units can be more rapidly harmonized seamlessly.

In the forecast timeframe, the solution segment is expected to be the largest market with a CAGR of 31.4%. Priority optimization and decentralization of Edge analytics solutions and thereby avoided conventional techniques for collecting huge amounts of data. The paradigm is relatively recent and is closely aligned with the emergence of a viable future IoT platform.

It is expected that the Prescriptive analytics segment will lead the market. This form of Edge Analytics gives suitable guidance to an employee relying on live streaming data or instantly beginning a process, contextualizing2 live stream operations within current company criteria.

Over the forecast period, the energy & power segment is expected to dominate the market. By applying edge analytics in facilities such as hydropower stations or wind turbines, the technique can detect real-time issues and minimize production delays.
North America's region is forecasted to lead the market due to the growing acceptance of edge analytics by small and medium enterprises, driven by government policies and regulations.

Key participants include AGT Group GmbH, CGI Group Inc., FogHorn Systems, Inc., Oracle Corporation, Apigee Corp., SAP SE, Falkonry Inc., Equinix, Inc., Intel Corporation, and Microsoft Corporation, among others.

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Component Outlook (Revenue, USD Billion; 2017-2027)
Services
Solution
Type Outlook (Revenue, USD Billion; 2017-2027)
Prescriptive Analytics
Descriptive Analytics
Diagnostic Analytics
Predictive Analytics

Deployment Outlook (Revenue, USD Billion; 2017-2027)
On-Cloud
On-Premises

End-Use Outlook (Revenue, USD Billion; 2017-2027)
Manufacturing
Energy and Power
Logistics
Entertainment
Healthcare
Defence
Telecommunication
Information Technology
Retail
BFSI
Others

Regional Outlook (Revenue, USD Billion; 2017-2027)
North America
Europe
Asia Pacific
Latin America
MEA

Table of Content

Chapter 1. Methodology & Sources

1.1. Edge Analytics Market Definition
1.2. Edge Analytics Market Research Scope
1.3. Edge Analytics Market Methodology
1.4. Edge Analytics Market Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Edge Analytics Market Estimation Technique

Chapter 2. Executive Summary

2.1. Summary Snapshot, 2019-2027

Chapter 3. Key Insights

Chapter 4. Edge Analytics Market Segmentation & Impact Analysis

Continued…

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