Market Overview:
The global edge analytics software market is expected to grow at a CAGR of 16.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for real-time data analysis and insights, rising adoption of cloud-based solutions, and growing need for improved business efficiency and agility. Based on type, the global edge analytics software market can be segmented into historical analysis, predictive analysis, and prescriptive analytics. The predictive analysis segment is expected to grow at a higher CAGR than other segments during the forecast period owing to its ability to provide actionable insights about future outcomes.
Product Definition:
Edge Analytics Software is a type of software that helps organizations to collect, process and analyze data at the edge of their networks. This type of software is important because it allows companies to gain real-time insights into their operations and make decisions quickly.
Historical Analysis:
The Edge analytics software market is expected to grow at a CAGR of XX% over the forecast period. The growth can be attributed to factors such as increasing data volumes, rising adoption of IoT devices and need for real-time information.
Edge analytics refers to the practice of using historical analysis and data mining techniques in order to gain insights into current situations in real-time or near real-time (NRT).
Predictive Analysis:
Predictive analysis is a technique used in statistics to project the future based on the current trends and data. In this process, we can take into account all the possible scenarios that may have taken place previously using historical data for prediction. The main aim of predictive analytics is to use historical information to forecast future results by using statistical models and probability techniques.
Application Insights:
The public sector was the largest application segment in 2016 and accounted for over 40% of the overall market revenue. The predictive analytics tools are being increasingly used by governments to manage critical infrastructure and ensure better preparedness in case of emergencies or natural disasters. For instance, with the help of predictive modeling techniques, FEMA is able to forecast weather-related disasters such as floods, earthquakes and volcanic eruptions thereby enabling effective disaster management.
The manufacturing industry can also benefit significantly from edge analytics software solutions as they offer a real-time view into operational processes ensuring maximum efficiency across all operations including planning & design, material flow & consumption along with inventory control leading to improved profitability margins. Furthermore, these solutions enable manufacturers to gain insights into consumer behavior which further enables them to optimize their marketing campaigns resulting in increased sales volumes while maintaining costs at bay. These factors are likely drive this industry's growth during the forecast period making it one of the prominent segments within a few years time frame.
Regional Analysis:
North America accounted for the largest market share in 2017. The region is expected to maintain its lead over the forecast period owing to early adoption of technologies and presence of major players. Moreover, increasing government initiatives are also anticipated to drive regional growth. For instance, in November 2016, the U.S Department of Health & Human Services launched a Precision Medicine Initiative that aims at accelerating research activities related to disease management through data-driven insights and knowledge generation across various diseases including cancer, diabetes & obesity, infectious diseases such as Zika virus and Ebola virus etc., neurological disorders such as Alzheimer's disease (AD) and Parkinson's disease (PD).
Growth Factors:
- Increasing demand for data-driven decision making: The Edge Analytics Software market is expected to grow at a high rate as organizations are looking to make data-driven decisions. This is done by processing and analyzing the data at the edge of the network, which helps reduce latency and improve performance.
- Proliferation of IoT devices: The number of IoT devices is increasing rapidly, which is resulting in an increase in the amount of data that needs to be processed and analyzed. Edge analytics software can help process and analyze this data quickly, so that it can be used for decision making purposes.
- Increased need for real-time analytics: As more businesses move towards becoming digital businesses, there is an increased need for real-time analytics so that decisions can be made quickly based on up-to-date information. Edge analytics software can help meet this need by processing and analyzing data near or at the source, thus providing results in near real time.
Scope Of The Report
Report Attributes
Report Details
Report Title
Edge Analytics Software Market Research Report
By Type
Historical Analysis, Predictive Analysis, Prescriptive Analytics
By Application
Public Sector, Retail, Healthcare, IT & Telecom, Manufacturing, Others
By Companies
Cisco Systems, Inc., Dell Inc., Equinix, Inc., Greenwave Systems, Hp Inc., Ibm Corporation, Iguazio, Intel Corporation, Microsoft Corporation, Oracle Corporation
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Edge Analytics Software Market Report Segments:
The global Edge Analytics Software market is segmented on the basis of:
Types
Historical Analysis, Predictive Analysis, Prescriptive Analytics
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Public Sector, Retail, Healthcare, IT & Telecom, Manufacturing, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Cisco Systems, Inc.
- Dell Inc.
- Equinix, Inc.
- Greenwave Systems
- Hp Inc.
- Ibm Corporation
- Iguazio
- Intel Corporation
- Microsoft Corporation
- Oracle Corporation
Highlights of The Edge Analytics Software Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Historical Analysis
- Predictive Analysis
- Prescriptive Analytics
- By Application:
- Public Sector
- Retail
- Healthcare
- IT & Telecom
- Manufacturing
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Edge Analytics Software Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Edge Analytics Software is a software that helps businesses to understand and analyze their online data. It provides insights into user behavior, website traffic, and other key metrics.
Some of the major players in the edge analytics software market are Cisco Systems, Inc., Dell Inc., Equinix, Inc., Greenwave Systems, Hp Inc., Ibm Corporation, Iguazio, Intel Corporation, Microsoft Corporation, Oracle Corporation.
The edge analytics software market is expected to register a CAGR of 16.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Edge Analytics Software Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Edge Analytics Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Edge Analytics Software Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Edge Analytics Software Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Edge Analytics Software Market Size & Forecast, 2020-2028
4.5.1 Edge Analytics Software Market Size and Y-o-Y Growth
4.5.2 Edge Analytics Software Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Historical Analysis
5.2.2 Predictive Analysis
5.2.3 Prescriptive Analytics
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Public Sector
6.2.2 Retail
6.2.3 Healthcare
6.2.4 IT & Telecom
6.2.5 Manufacturing
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Edge Analytics Software Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Edge Analytics Software Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Historical Analysis
9.6.2 Predictive Analysis
9.6.3 Prescriptive Analytics
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Public Sector
9.10.2 Retail
9.10.3 Healthcare
9.10.4 IT & Telecom
9.10.5 Manufacturing
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Historical Analysis
10.6.2 Predictive Analysis
10.6.3 Prescriptive Analytics
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Public Sector
10.10.2 Retail
10.10.3 Healthcare
10.10.4 IT & Telecom
10.10.5 Manufacturing
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Historical Analysis
11.6.2 Predictive Analysis
11.6.3 Prescriptive Analytics
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Public Sector
11.10.2 Retail
11.10.3 Healthcare
11.10.4 IT & Telecom
11.10.5 Manufacturing
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Historical Analysis
12.6.2 Predictive Analysis
12.6.3 Prescriptive Analytics
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Public Sector
12.10.2 Retail
12.10.3 Healthcare
12.10.4 IT & Telecom
12.10.5 Manufacturing
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Historical Analysis
13.6.2 Predictive Analysis
13.6.3 Prescriptive Analytics
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Public Sector
13.10.2 Retail
13.10.3 Healthcare
13.10.4 IT & Telecom
13.10.5 Manufacturing
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Edge Analytics Software Market: Competitive Dashboard
14.2 Global Edge Analytics Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cisco Systems, Inc.
14.3.2 Dell Inc.
14.3.3 Equinix, Inc.
14.3.4 Greenwave Systems
14.3.5 Hp Inc.
14.3.6 Ibm Corporation
14.3.7 Iguazio
14.3.8 Intel Corporation
14.3.9 Microsoft Corporation
14.3.10 Oracle Corporation
