Edge AI Software Market by Component (Solutions and Services), Data Source (Video and Image Recognition, Speech Recognition, Biometric Data, Sensor Data, and Mobile Data), Application (Autonomous Vehicles, Access Management, Video Surveillance, Remote Monitoring & Predictive Maintenance, Energy Management, and Others), and Industry Vertical (Manufacturing, Automotive, Telecom, Healthcare, Government & Public, and Others): Global Opportunity Analysis and Industry Forecast, 2019–2026
|
A05594
|
Pages: NA
|
May 2020 |
524 Views
|
|
|
|
Author(s) :
NA
|
Tables: NA
|
Charts: NA
|
Formats*:
|
|
Edge AI Software Market Outlook: 2026
Edge AI software consists of AI algorithms that process data and analyze at the edge, end-devices, or locally on a hardware device. In simple terms, AI algorithms are implemented directly on a device that collects data i.e. sensor data or signals. For example, augmented reality glasses, drones, or cameras. The need for data processing in terminal equipment or end-device proves to be particularly important when the speed of data processing is crucial. Edge AI software is widely used where even milliseconds of data transmission delay is not affordable, sensitive data should not leave the device, and low power consumption is a necessity; as edge AI does not send data to the cloud regularly, which, in turn, automatically minimizes the use of batteries. A detailed example of edge AI software is an elderly person wearing a watch that can detect falls. The Edge AI system use accelerometer data in real time as input to the AI algorithm that detects the fall. These factors are expected to boost adoption of the edge AI software, this, supports the global edge AI software market growth during the forecast period.
Rise in need for scalability, high connectivity, low power consumption, and reduced latency among diverse industries is among many driving factors that increase demand for edge infrastructure in the form of micro data centers or distributed computing architecture. Rapid growth in the number of intelligent applications and smart devices and the rise in demand for device-side computation are also anticipated to boost the growth of the edge AI software market. However, security and privacy concerns associated to edge AI solutions restrains the growth of the edge AI software market. Interoperability issues result into slow adoption of edge AI software, which, in turn, hinders the growth of the edge AI software market. Furthermore, key opportunity in the global edge AI software market is emergence of the 5G networks, which is proliferating the adoption of edge AI software among IT and telecommunications industries.
The market is segmented into component, data source, application, industry vertical, and region. By component, it is bifurcated into solutions and services. By solutions, the market is further sub segmented into platform and software tools. By services, the market is further sub segmented into training & consulting services, system integration & testing, and support & maintenance. In terms of data source, it is classified into video and image recognition, speech recognition, biometric data, sensor data, and mobile data. By application, it is categorized into autonomous vehicles, access management, video surveillance, remote monitoring & predictive maintenance, energy management, and others. By industry vertical, it is divided into manufacturing, automotive, telecom, healthcare, government & public, and others. Region-wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The global edge AI software market analysis includes key players such as Xnor.AI, Anagog Ltd, Veea, Inc., Invision AI, Octonion SA., Swim.AI, Inc., Imagimob AB, Nutanix, Inc., IBM Corporation, TIBCO Software, Inc., Foghorn Systems, Microsoft Corporation, and Amazon Web Services, Inc. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry. Current and future edge AI software market trends are outlined to determine the overall attractiveness of the market.
KEY BENEFITS FOR STAKEHOLDERS
- The study provides an in-depth analysis of the global edge AI software market share with current trends and future estimations to elucidate the imminent investment pockets.
- Information about key drivers, restraints, and opportunities and their impact analysis on the global edge AI software market size is provided.
- Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the global edge AI software industry.
- The quantitative analysis of the global edge AI software market from 2018–2026 provided to determine the market potential.
KEY MARKET SEGMENTS
By Component
- Solutions
- Services
By Data Source
- Video and Image Recognition
- Speech Recognition
- Biometric Data
- Sensor Data
- Mobile Data
By Application
- Autonomous Vehicles
- Access Management
- Video Surveillance
- Remote Monitoring and Predictive Maintenance
- Energy Management
- Others
By Industry Vertical
- Manufacturing
- Automotive
- Telecom
- Healthcare
- Government and Public
- Others
By Region
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Singapore
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
KEY MARKET PLAYERS
- Xnor.AI
- Anagog Ltd
- Veea, Inc.
- Invision AI
- Octonion SA.
- Swim.AI, Inc.
- Imagimob AB
- Nutanix, Inc.
- IBM Corporation
- TIBCO Software Inc
- Foghorn Systems
- Microsoft Corporation
- Amazon Web Services, Inc.
We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:
- Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
- Technologically sophisticated and reliable insights through well audited and veracious research methodology
- Sovereign research proceeds that present a tangible depiction of marketplace
With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.
Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, web-casts and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast
Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:
- Validates and improves the data quality and strengthens research proceeds
- Further develops analyst team’s market understanding and expertise
- Supplies authentic information about market size, share, growth and forecasts
Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:
- Chief executives and VPs of leading corporations specific to industry
- Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)
Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
REQUEST TOC/SAMPLE
Purchase Full Report of
Edge AI Software Market
- Online Only
-
$3,456$3,110 - Online cloud access only
- Restricted print, copy, paste & download
- Read only
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
- Data Pack
-
$3,840$3,456 - Restricted to one authorized user
- One print only
- Available in
Excel - Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
- Single User
-
$5,370$4,833 - Restricted to one authorized user
- One print only
- Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
- Five Users
-
$6,450$5,805 - Limited to five authorized users
- Print upto five copies
- Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
-
Enterprise
License/PDF -
$8,995$8,096 - Unlimited
within
company/enterprise - Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
- Library Membership
- $0.00
- Published Content
E-access - Company Profiles
E-access - Newly Added Content Access
- 10 PDF
Downloads - 5 Excel Data
Pack Downloads - 250 Company Profiles PDF Downloads
-
Start reading.
Buy Now
This title and over 12,000+ are available on the Avenue Library. Subscription @ $699 T&C*.
*Taxes/Fees, if applicable will be added during checkout. All prices in USD
Why Allied Market Research?
Infallible Methodology
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
Analyst Support
For complete satisfaction
Customization
On-demand customization of scope of the report to exactly meet your needs
TARGETED MARKET VIEW
Targeted market view to provide pertinent information and save time of readers
Get fresh content delivered
Get insights on topics that are crucial for your business. Stay abreast of your interest areas.