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Edge Analytics - Global Market Trajectory & Analytics

  • ID: 4804350
  • Report
  • February 2022
  • Region: Global
  • 804 Pages
  • Global Industry Analysts, Inc

FEATURED COMPANIES

  • AGT International Inc.
  • CGI Group Inc.
  • Dell Inc.
  • Foghorn Systems
  • HP Inc.
  • Intel Corporation

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
Frequently Asked Questions about the Global Market for Edge Analytics

What is the estimated value of the Global Market for Edge Analytics?

The Global Market for Edge Analytics was estimated to be valued at $5.5 Billion in 2020.

What is the growth rate of the Global Market for Edge Analytics?

The growth rate of the Global Market for Edge Analytics is 28.3%, with an estimated value of $31.4 Billion by 2027.

What is the forecasted size of the Global Market for Edge Analytics?

The Global Market for Edge Analytics is estimated to be worth $31.4 Billion by 2027.

Who are the key companies in the Global Market for Edge Analytics?

Key companies in the Global Market for Edge Analytics include AGT International Inc., Analytic Edge, CGI Group Inc., Cisco Corporation, Dell Inc., Equinix, Inc., Foghorn Systems, Greenwave Systems, Inc and IBM Corporation.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • AGT International Inc.
  • CGI Group Inc.
  • Dell Inc.
  • Foghorn Systems
  • HP Inc.
  • Intel Corporation

I. METHODOLOGY


II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • Impact of Covid-19 and a Looming Global Recession
  • Businesses Look into Leveraging Edge Analytics
  • Edge Analytics – Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Edge Analytics: An Overview
  • Application of Edge Analytics
  • Comparing Edge Analytics and Cloud Analytics
  • Market Outlook
  • Regional Landscape
  • Competition

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Rise in IoT Ecosystem, the Cornerstone for Future Growth
  • Global Number of IoT Connected Devices (In Billion) for the Years 2016, 2018, 2020, 2022 & 2025
  • IoT Big Data Generated by Connected Devices Worldwide (In Zettabytes) for the Years 2018 & 2025
  • Increasing Shift of Enterprise Apps and Systems to Cloud Benefits Edge Analytics
  • Edge Analytics to Co-Exist with Cloud Analytics
  • Hybrid IoT Analytics: Combining the Best of Cloud-based IoT Analytics and Analytics at the Edge
  • Rise of Smart Cities & Focus on Smart Energy Management Opens Up Opportunities for Edge Analytics
  • Global Smart Meter Annual Spending (In US$ Billion) for the Years 2017, 2019, and 2021
  • Accelerating Pace of Connected Care Adoption Drives Opportunities for Edge Analytics
  • Global % Share of IoT in Healthcare by Application Area for the Year 2020E
  • Edge Analytics Hold Potential to Improve Competitiveness for Retailers
  • IoT in the Global Retail Industry (In US$ Billion) by Application for the Years 2018 and 2025
  • Global E-Commerce Market as a % of Retail Sales for the Period 2017-2023
  • With Efficiency Gaining Importance in Manufacturing, Edge Computing Gains Significance
  • Global Investments in Industrial IoT (IIoT) Platforms (In US$ Million) for the Years 2018, 2020, 2022 and 2025
  • Amid the Growing Number of Transportation Companies Leveraging IoT for Smart Fleet Management, Edge Analytics Gains Prominence
  • Global Smart Fleet Management Market (In US$ Billion) for the Years 2018, 2022 and 2024
  • Predictive Analytics in Machine & Equipment Maintenance

4. GLOBAL MARKET PERSPECTIVE


III. MARKET ANALYSIS

UNITED STATES

  • Edge Analytics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2022 (E)

CANADA

JAPAN

  • Edge Analytics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2022 (E)

CHINA

  • Edge Analytics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2022 (E)

EUROPE

  • Edge Analytics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2022 (E)

FRANCE

  • Edge Analytics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2022 (E)

GERMANY

  • Edge Analytics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2022 (E)

ITALY

UNITED KINGDOM

  • Edge Analytics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2022 (E)

REST OF EUROPE

ASIA-PACIFIC

  • Edge Analytics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2022 (E)

REST OF WORLD

IV. COMPETITION

  • Total Companies Profiled: 139
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • 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
Note: Product cover images may vary from those shown