Edge AI Software market

Edge AI Software Market - Global Outlook and Forecast 2022-2028

  • 24 January 2022
  • ICT & Media
  • 108 Pages
  • Report code : PMR-6798412

  • 4.7 (158)

Edge AI Software Market

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Edge AI software enables aggregation, processing, computation, and analysis of data present near or on the edge devices by leveraging AI and IoT technologies. The software helps to process data on edge nodes even in remote and decentralized networks, without cloud connectivity.

Integrating AI with IoT in edge devices helps enterprises to minimize latency, reduce bandwidth, lessen threats, avoid duplication, improve reliability, and maintain compliance. Moreover, edge AI software solutions enable an organization to utilize the computing resources in an optimal manner, minimize the bandwidth required to execute the solution, and lower the latency in particular response time.

Edge AI Software Market contains market size and forecasts of Edge AI Software in Global, including the following market information:

Global Edge AI Software Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global top five companies in 2021 (%)

The global Edge AI Software market was valued at 755.2 million in 2021 and is projected to reach US$ 3353.5 million by 2028, at a CAGR of 23.7% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Software Tools Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Edge AI Software include IBM, Microsoft, Intel, Google, TIBCO, Cloudera, Nutanix, Foghorn Systems and SWIM.AI, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Edge AI Software companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Edge AI Software Market, by Type, 2017-2022, 2023-2028 ($ millions)

Global Edge AI Software Market Segment Percentages, by Type, 2021 (%)

Software Tools

Platforms

Global Edge AI Software Market, by Application, 2017-2022, 2023-2028 ($ millions)

Global Edge AI Software Market Segment Percentages, by Application, 2021 (%)

Autonomous Vehicles

Access Management

Video Surveillance

Remote Monitoring & Predictive Maintenance

Telemetry

Others

Global Edge AI Software Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)

Global Edge AI Software Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Edge AI Software revenues in global market, 2017-2022 (estimated), ($ millions)

Key companies Edge AI Software revenues share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

IBM

Microsoft

Intel

Google

TIBCO

Cloudera

Nutanix

Foghorn Systems

SWIM.AI

Anagog

Tact.ai

Bragi

XNOR.AI

Octonion

Veea Inc

Imagimob

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