Edge Analytics - Global Market Trajectory & Analytics

Global Edge Analytics Market to Reach US$31.4 Billion by the Year 2027

Amid the COVID-19 crisis, the global market for Edge Analytics estimated at US$5.5 Billion in the year 2020, is projected to reach a revised size of US$31.4 Billion by 2027, growing at a CAGR of 28.2% over the period 2020-2027.Solutions, one of the segments analyzed in the report, is projected to grow at a 26.7% CAGR to reach US$22.6 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Services segment is readjusted to a revised 32.9% CAGR for the next 7-year period. This segment currently accounts for a 21.9% share of the global Edge Analytics market.

The U.S. Accounts for Over 66.6% of Global Market Size in 2020, While China is Forecast to Grow at a 35.5% CAGR for the Period of 2020-2027

The Edge Analytics market in the U.S. is estimated at US$3.7 Billion in the year 2020. The country currently accounts for a 66.58% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$1.1 Billion in the year 2027 trailing a CAGR of 35.5% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 21.4% and 25.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 25.1% CAGR while Rest of European market (as defined in the study) will reach US$1.1 Billion by the year 2027.

Select Competitors (Total 139 Featured) -

• AGT International Inc.
• Analytic Edge
• CGI Group Inc.
• Cisco Corporation
• Dell Inc.
• Equinix, Inc.
• Foghorn Systems
• Greenwave Systems, Inc
• HP Inc.
• IBM Corporation
• Intel Corporation
• Microsoft Corporation
• Oracle Corporation
• SAP SE
• SAS Institute