Global Edge AI Software Market By Data Source, By Component, By Application, By Vertical, By Geographic Scope And Forecast

Nov 2022| VMR5968A| Verified Market Research

Report Highlights

Edge AI Software Market Insights

Edge AI Software Market was valued at USD 467.59 Million in 2019 and is projected to reach USD 2,004.86 Million by 2027, growing at a CAGR of 19.97% from 2020 to 2027.

The Edge AI Software Market report provides a holistic evaluation of the market for the forecast period. The report comprises various segments as well as an analysis of the trends and factors that are playing a substantial role in the market. These factors; the market dynamics involve the drivers, restraints, opportunities, and challenges through which the impact of these factors in the market are outlined. The drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market. The Edge AI Software Market study provides an outlook on the development of the market in terms of revenue throughout the prognosis period.

Global Edge AI Software Market Overview

There has been an emergence of numerous applicants concerning different verticals. These applications require massive computing power for performing various operations such as capturing and processing data in real-time, AI facilitates these operations for an organization which makes it a driving factor for this market.

This report provides an all-inclusive environment for the analysis of the Edge AI Software Market. The market estimates provided in the report are the result of in-depth secondary research, primary interviews, and in-house expert reviews. These market estimates have been considered by studying the impact of various social, political, and economic factors along with the current market dynamics affecting the Edge AI Software Market growth.

Along with the market overview, which comprises the market dynamics the chapter includes Porter’s Five Forces analysis which explains the five forces: namely buyers’ bargaining power, suppliers’ bargaining power, the threat of new entrants, the threat of substitutes, and degree of competition in the Edge AI Software Market. It explains the various participants, such as system integrators, intermediaries, and end-users within the ecosystem of the market. The report also focuses on the competitive landscape of the Edge AI Software Market.

Report Synopsis

Report Metrics Details
Base year considered 2019
Forecast period considered 2020-2027
Base year market size 467.59 $ Million in 2019
Market size forecast 2,004.86 $ Million by 2027
Growth rate 19.97%
Units considered $ Million
Segments covered By Data Source, By Component, By Application, By Vertical, By Geographic
Industry covered Internet, Communication, Software & Services
Companies studied

Global Edge AI Software Market Segmentation Analysis

The Global Edge AI Software Market is segmented based on Data Source, Component, Application, Vertical, And Geography.

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