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Edge Analytics Market by Solution (Software and Service), by Type (Historical Analysis, Predictive Analysis, and Prescriptive Analytics), by Deployment Model (Cloud and On-premise), and by Industry Vertical (Public Sector, Retail, Healthcare, IT & Telecom, Manufacturing, Energy & Utility, Transportation, and Others) - Global Opportunity Analysis and Industry Forecast, 2017-2023

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IC_172989
Pages: 175
Aug 2017 | 1939 Views
 
Author's : Soumya Swarup Sahoo
Tables: 60
Charts: 53
 

Edge Analytics Market Overview:

Global Edge Analytics Market was valued at $1,726 million in 2016, and is estimated to reach $10,025 million by 2023, growing at a CAGR of 29.2% from 2017 to 2023. Edge analytics including historical, predictive, and prescriptive analytics is offered by prominent analytics solution providers, such as Equinix, Inc., Greenwave Systems, HP Inc., and others, to automatically adjust sensors data and flow of required analytical inputs. Edge analytics provide streamlined real-time data from connected devices such as closed-circuit television (CCTV), sensors, and others to optimize historical as well as predictive analysis. The global edge analytics market is expected to witness significant growth rate, due to the rise in ICT expenditure by the government of various developed and the developing regions, including North America, Europe, and Asia-Pacific.

Asia-Pacific edge analytics market is expected to register the highest CAGR in the near future. Global vendors are investing heavily in the market to improve the overall edge analytics solution offering to ensure low-cost and on time data analysis, queueing data as per the preference level, and real-time event processing solutions. The Asia-Pacific region, which includes countries such as China, India, Japan, and Australia, offer lucrative opportunities for market players. Moreover, increase in demand for smart transportation and video management services is a key driver of the Europe edge analytics market.

The global edge analytics market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Growth in number of connected devices in IoT and surge in demand for advanced and real-time analytics contribute to the market growth in North America and Europe. However, LAMEA is expected to account less market share in the global market as compared to other regions, due to slow ICT spending and slow adoption of IoT devices. Furthermore, the Latin America and Middle East are expected to gain traction, but the growth is expected to be stable during the forecast period.

Edge Analytics Market Segmentation

The global edge analytics market is segmented on the basis of solution, type, deployment model, industry vertical, and geography. On the basis of solution, it is classified into software and service. On the basis of type, it is categorized into historical analysis, predictive analytics, and prescriptive analytics. By deployment model, it is bifurcated into cloud and on-premise. On the basis of industry vertical, it is divided into public sector, retail, healthcare, it & telecom, manufacturing, energy & utility, transportation, and others.

The key players profiled in the report are Cisco Systems, Inc., Dell Inc., Equinix, Inc., Greenwave Systems, HP Inc., IBM Corporation, iguazio, Intel Corporation, Microsoft Corporation, and Oracle Corporation. The report discusses the key strategies adopted by the companies along with the detailed analysis of the current trends, upcoming opportunities, and restraints in the global edge analytics market along with detailed information about their impacts.

Top Impacting Factors

Growth in Adoption of Connected Devices

IoT devices adoption is on an increase with rapid pace, thus generating huge amount of data and need for data analysis on real-time basis.

Surge in Demand for Prescriptive Analytics

In the recent years, prescriptive analytics platforms are on rise due to growth in demand for enhanced prescriptive modeling on historical and predicative analytics outcomes.

Increase in Inclination Towards Cloud Deployment Model

Secured data networks, increase in application development, and platform-based cloud services fuel the market growth.

Lack of IT Infrastructure in the Underdeveloped Nations

The countries in Latin America, the Middle East, and Africa have not yet adopted technologically advanced hubs with rich IT infrastructure and digital content, which in turn is expected to hinder the global market growth in the near future.

Rise in Adoption of Edge Analytics Among Enterprises

The adoption of edge analytics has increased among enterprises, owing to advantages such as enhanced uptime, reliability, alarm monitoring and active notifications.

Key Benefits:

  • In-depth analysis of the global edge analytics market and its dynamics are provided to understand the market scenario.
  • Quantitative analysis of the current trends and future estimations from 2017 to 2023 is provided to assist strategists and stakeholders to capitalize on the prevailing opportunities.
  • Porter’s five forces analysis examines the competitive structure of the edge analytics market, and provides a clear understanding of the factors that influence the market entry and expansion.
  • A detailed analysis of the geographical segments enables the identification of profitable segments for market players.
  • Comprehensive analysis of the trends, sub segments, and key revenue pockets are provided in the report.

Edge Analytics Market Key Segments:

By Solution

  • Software
  • Service

By Type

  • Historical Analysis
  • Predictive Analytics
  • Prescriptive Analytics

By Deployment Model

  • Cloud
  • On-premises

By Industry Vertical

  • Public Sector
  • Retail
  • Healthcare
  • IT & Telecom
  • Manufacturing
  • Energy & Utility
  • Transportation
  • Others

By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • Australia
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa
 

Chapter: 1 INTRODUCTION

1.1. Report description
1.2. Key benefits
1.3. Key market segments
1.4. Research methodology

1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools & models

Chapter: 2 EXECUTIVE SUMMARY

2.1. CXO perspective

Chapter: 3 MARKET OVERVIEW

3.1. Market definition and scope
3.2. Key findings

3.2.1. Top investment pockets
3.2.2. Top winning strategies

3.3. Market share analysis, 2016
3.4. Porters five forces analysis

3.4.1. Market dynamics
3.4.2. Drivers
3.4.3. Restraints
3.4.4. Opportunities

Chapter: 4 EDGE ANALYTICS MARKET, BY SOLUTION

4.1. Overview

4.1.1. Market size and forecast

4.2. Software

4.2.1. Key market trends
4.2.2. Growth factors and opportunities
4.2.3. Market size and forecast

4.3. Service

4.3.1. Key market trends
4.3.2. Growth factors and opportunities
4.3.3. Market size and forecast

Chapter: 5 EDGE ANALYTICS MARKET, BY TYPE

5.1. Overview

5.1.1. Market size and forecast

5.2. Historical Analytics

5.2.1. Market size and forecast

5.3. Predictive Analytics

5.3.1. Market size and forecast

5.4. Prescriptive Analytics

5.4.1. Market size and forecast

Chapter: 6 EDGE ANALYTICS MARKET, BY DEPLOYMENT MODEL

6.1. Overview

6.1.1. Market size and forecast

6.2. Cloud

6.2.1. Key market trends
6.2.2. Growth factors and opportunities
6.2.3. Market size and forecast

6.3. On-premise

6.3.1. Key market trends
6.3.2. Growth factors and opportunities
6.3.3. Market size and forecast

Chapter: 7 EDGE ANALYTICS MARKET, BY INDUSTRY VERTICAL

7.1. Overview

7.1.1. Market size and forecast

7.2. Public Sector

7.2.1. Market size and forecast

7.3. Retail

7.3.1. Market size and forecast

7.4. Healthcare

7.4.1. Market size and forecast

7.5. IT & Telecom

7.5.1. Market size and forecast

7.6. Manufacturing

7.6.1. Market size and forecast

7.7. Energy & Utilities

7.7.1. Market size and forecast

7.8. Transportation

7.8.1. Market size and forecast

7.9. Others

7.9.1. Market size and forecast

Chapter: 8 EDGE ANALYTICS MARKET, BY GEOGRAPHY

8.1. Overview
8.2. North America

8.2.1. Key market trends
8.2.2. Key growth factors and opportunities
8.2.3. Market size and forecast, by country

8.2.3.1. U.S. market size and forecast
8.2.3.2. Canada market size and forecast
8.2.3.3. Mexico market size and forecast

8.2.4. North America edge analytics market, by solution
8.2.5. North America edge analytics market, by type
8.2.6. North America edge analytics market, by deployment model
8.2.7. North America edge analytics market, by industry vertical

8.3. Europe

8.3.1. Key market trends
8.3.2. Key growth factors and opportunities
8.3.3. Market size and forecast, by country

8.3.3.1. UK market size and forecast
8.3.3.2. Germany market size and forecast
8.3.3.3. France market size and forecast
8.3.3.4. Italy market size and forecast
8.3.3.5. Rest of Europe market size and forecast

8.3.4. Europe edge analytics market, by solution
8.3.5. Europe edge analytics market, by type
8.3.6. Europe edge analytics market, by deployment model
8.3.7. Europe edge analytics market, by industry vertical

8.4. Asia-Pacific

8.4.1. Key market trends
8.4.2. Key growth factors and opportunities
8.4.3. Market size and forecast, by country

8.4.3.1. China market size and forecast
8.4.3.2. Japan market size and forecast
8.4.3.3. Austalia market size and forecast
8.4.3.4. Rest of Asia-Pacific market size and forecast

8.4.4. Asia-Pacific edge analytics market, by solution
8.4.5. Asia-Pacific edge analytics market, by type
8.4.6. Asia-Pacific edge analytics market, by deployment model
8.4.7. Asia-Pacific edge analytics market, by industry vertical

8.5. LAMEA

8.5.1. Key market trends
8.5.2. Key growth factors and opportunities
8.5.3. Market size and forecast, by region

8.5.3.1. Latin America market size and forecast
8.5.3.2. Middle East market size and forecast
8.5.3.3. Africa market size and forecast

8.5.4. LAMEA edge analytics market, by solution
8.5.5. LAMEA edge analytics market, by type
8.5.6. LAMEA edge analytics market, by deployment model
8.5.7. LAMEA edge analytics market, by industry vertical

Chapter: 9 COMPANY PROFILES

9.1. CISCO SYSTEMS, INC.

9.1.1. Operating business segments
9.1.2. Business performance
9.1.3. Key strategic moves and developments

9.2. DELL INC.

9.2.1. Operating business segments
9.2.2. Business performance
9.2.3. Key strategic moves and developments

9.3. EQUINIX, INC.

9.3.1. Operating business segments
9.3.2. Business performance
9.3.3. Key strategic moves and developments

9.4. GREENWAVE SYSTEMS

9.4.1. Operating business segments
9.4.2. Business performance
9.4.3. Key strategic moves and developments

9.5. HP INC.

9.5.1. Operating business segments
9.5.2. Business performance
9.5.3. Key strategic moves and developments

9.6. IBM CORPORATION

9.6.1. Operating business segments
9.6.2. Business performance
9.6.3. Key strategic moves and developments

9.7. IGUAZIO

9.7.1. Operating business segments
9.7.2. Business performance
9.7.3. Key strategic moves and developments

9.8. INTEL CORPORATION

9.8.1. Operating business segments
9.8.2. Business performance
9.8.3. Key strategic moves and developments

9.9. MICROSOFT CORPORATION

9.9.1. Operating business segments
9.9.2. Business performance
9.9.3. Key strategic moves and developments

9.10. ORACLE CORPORATION

9.10.1. Operating business segments
9.10.2. Business performance
9.10.3. Key strategic moves and developments

LIST OF TABLES

TABLE 1. GLOBAL EDGE ANALYTICS MARKET REVENUE, BY SOLUTION, 2016-2023 ($MILLION)
TABLE 2. SOFTWARE EDGE ANALYTICS MARKET REVENUE, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 3. SERVICE EDGE ANALYTICS MARKET REVENUE, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 4. GLOBAL EDGE ANALYTICS MARKET REVENUE, BY DEPLOYMENT MODEL, 2016-2023 ($MILLION)
TABLE 5. CLOUD DEPLOYMENT MODEL EDGE ANALYTICS MARKET REVENUE, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 6. ON-PREMISE DEPLOYMENT MODEL EDGE ANALYTICS MARKET REVENUE, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 7. GLOBAL EDGE ANALYTICS MARKET REVENUE, BY TYPE, 2016-2023 ($MILLION)
TABLE 8. HISTORICAL EDGE ANALYTICS MARKET REVENUE, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 9. PREDICTIVE EDGE ANALYTICS MARKET REVENUE, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 10. PRESCRIPTIVE EDGE ANALYTICS MARKET REVENUE, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 11. GLOBAL EDGE ANALYTICS MARKET REVENUE, BY INDUSTRY VERTICAL, 2016-2023 ($MILLION)
TABLE 12. PUBLIC SECTOR EDGE ANALYTICS MARKET REVENUE, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 13. RETAIL EDGE ANALYTICS MARKET REVENUE, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 14. HEALTHCARE EDGE ANALYTICS MARKET REVENUE, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 15. IT & TELECOM EDGE ANALYTICS MARKET REVENUE, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 16. MANUFACTURING EDGE ANALYTICS MARKET REVENUE, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 17. ENERGY & UTILITY EDGE ANALYTICS MARKET REVENUE, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 18. TRANSPORTATION EDGE ANALYTICS MARKET REVENUE, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 19. OTHERS INDUSTRY VERTICAL EDGE ANALYTICS MARKET REVENUE, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 20. EDGE ANALYTICS MARKET BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 21. NORTH AMERICA EDGE ANALYTICS MARKET BY COUNTRY, 2016-2023 ($MILLION)
TABLE 22. NORTH AMERICA EDGE ANALYTICS MARKET BY SOLUTION, 2016-2023 ($MILLION)
TABLE 23. NORTH AMERICA EDGE ANALYTICS MARKET BY TYPE, 2016-2023 ($MILLION)
TABLE 24. NORTH AMERICA EDGE ANALYTICS MARKET BY DEPLOYMENT MODEL, 2016-2023 ($MILLION)
TABLE 25. NORTH AMERICA EDGE ANALYTICS MARKET BY INDUSTRY VERTICAL, 2016-2023 ($MILLION)
TABLE 26. EUROPE EDGE ANALYTICS MARKET BY COUNTRY, 2016-2023 ($MILLION)
TABLE 27. EUROPE EDGE ANALYTICS MARKET BY SOLUTION, 2016-2023 ($MILLION)
TABLE 28. EUROPE EDGE ANALYTICS MARKET BY TYPE, 2016-2023 ($MILLION)
TABLE 29. EUROPE EDGE ANALYTICS MARKET BY DEPLOYMENT MODEL, 2016-2023 ($MILLION)
TABLE 30. EUROPE EDGE ANALYTICS MARKET BY INDUSTRY VERTICAL, 2016-2023 ($MILLION)
TABLE 31. ASIA-PACIFIC EDGE ANALYTICS MARKET BY COUNTRY, 2016-2023 ($MILLION)
TABLE 32. ASIA-PACIFIC EDGE ANALYTICS MARKET BY SOLUTION, 2016-2023 ($MILLION)
TABLE 33. ASIA-PACIFIC EDGE ANALYTICS MARKET BY TYPE, 2016-2023 ($MILLION)
TABLE 34. ASIA-PACIFIC EDGE ANALYTICS MARKET BY DEPLOYMENT MODEL, 2016-2023 ($MILLION)
TABLE 35. ASIA-PACIFIC EDGE ANALYTICS MARKET BY INDUSTRY VERTICAL, 2016-2023 ($MILLION)
TABLE 36. LAMEA EDGE ANALYTICS MARKET BY REGION, 2016-2023 ($MILLION)
TABLE 37. LAMEA EDGE ANALYTICS MARKET BY SOLUTION, 2016-2023 ($MILLION)
TABLE 38. LAMEA EDGE ANALYTICS MARKET BY TYPE, 2016-2023 ($MILLION)
TABLE 39. LAMEA EDGE ANALYTICS MARKET BY DEPLOYMENT MODEL, 2016-2023 ($MILLION)
TABLE 40. LAMEA EDGE ANALYTICS MARKET BY INDUSTRY VERTICAL, 2016-2023 ($MILLION)
TABLE 41. CISCO SYSTEMS, INC.: COMPANY SNAPSHOT
TABLE 42. CISCO SYSTEMS, INC.: OPERATING SEGMENTS
TABLE 43. DELL INC.: COMPANY SNAPSHOT
TABLE 44. DELL INC.: OPERATING SEGMENTS
TABLE 45. EQUINIX INC.: COMPANY SNAPSHOT
TABLE 46. EQUINIX INC: OPERATING SEGMENTS
TABLE 47. GREENWAVE SYSTEMS: COMPANY SNAPSHOT
TABLE 48. GREENWAVE SYSTEMS: OPERATING SEGMENTS
TABLE 49. HP INC.: COMPANY SNAPSHOT
TABLE 50. HP INC.: OPERATING SEGMENTS
TABLE 51. IBM CORPORATION: COMPANY SNAPSHOT
TABLE 52. IBM CORPORATION: OPERATING SEGMENTS
TABLE 53. IGUAZIO: COMPANY SNAPSHOT
TABLE 54. IGUAZIO: OPERATING SEGMENTS
TABLE 55. INTEL CORPORATION: COMPANY SNAPSHOT
TABLE 56. INTEL CORPORATION: OPERATING SEGMENTS
TABLE 57. MICROSOFT CORPORATION: COMPANY SNAPSHOT
TABLE 58. MICROSOFT CORPORATION: OPERATING SEGMENTS
TABLE 59. ORACLE CORPORATION: COMPANY SNAPSHOT
TABLE 60. ORACLE CORPORATION: OPERATING SEGMENTS

LIST OF FIGURES

FIGURE 1. MARKET SEGMENTATION: EDGE ANALYTICS MARKET
FIGURE 2. TOP WINNING STRATEGIES, 2015-2017 (%)
FIGURE 3. TOP WINNING STRATEGIES, 2015-2017
FIGURE 4. TOP INVESTMENT POCKETS
FIGURE 5. TOP IMPACTING FACTORS
FIGURE 6. HIGH BARGAINING POWER OF SUPPLIERS
FIGURE 7. LOW-TO-MODERATE BARGAINING POWER OF BUYERS
FIGURE 8. LOW THREAT OF SUBSTITUTES
FIGURE 9. LOW-TO-MODERATE THREAT OF NEW ENTRANTS
FIGURE 10. HIGH COMPETITIVE RIVALRY
FIGURE 11. MARKET SHARE ANALYSIS, 2016
FIGURE 12. DRIVERS, RESTRAINTS, AND OPPORTUNITIES
FIGURE 13. GLOBAL EDGE ANALYTICS MARKET, BY SOLUTION
FIGURE 14. GLOBAL EDGE ANALYTICS MARKET, BY DEPLOYMENT MODEL
FIGURE 15. GLOBAL EDGE ANALYTICS MARKET, BY TYPE
FIGURE 16. GLOBAL EDGE ANALYTICS MARKET, BY INDUSTRY VERTICAL
FIGURE 17. EDGE ANALYTICS MARKET BY GEOGRAPHY, MARKET SHARE AND CAGR
FIGURE 18. NORTH AMERICA EDGE ANALYTICS MARKET, 2016-2023 ($MILLION)
FIGURE 19. U.S. EDGE ANALYTICS MARKET, 2016-2023 ($MILLION)
FIGURE 20. CANADA EDGE ANALYTICS MARKET, 2016-2023 ($MILLION)
FIGURE 21. MEXICO EDGE ANALYTICS MARKET, 2016-2023 ($MILLION)
FIGURE 22. EUROPE EDGE ANALYTICS MARKET, 2016-2023 ($MILLION)
FIGURE 23. UK EDGE ANALYTICS MARKET, 2016-2023 ($MILLION)
FIGURE 24. GERMANY EDGE ANALYTICS MARKET, 2016-2023 ($MILLION)
FIGURE 25. FRANCE EDGE ANALYTICS MARKET, 2016-2023 ($MILLION)
FIGURE 26. ITALY EDGE ANALYTICS MARKET, 2016-2023 ($MILLION)
FIGURE 27. REST OF EUROPE EDGE ANALYTICS MARKET, 2016-2023 ($MILLION)
FIGURE 28. ASIA-PACIFIC EDGE ANALYTICS MARKET, 2016-2023 ($MILLION)
FIGURE 29. CHINA EDGE ANALYTICS MARKET, 2016-2023 ($MILLION)
FIGURE 30. JAPAN EDGE ANALYTICS MARKET, 2016-2023 ($MILLION)
FIGURE 31. AUSTRALIA EDGE ANALYTICS MARKET, 2016-2023 (MILLION)
FIGURE 32. REST OF ASIA-PACIFIC EDGE ANALYTICS MARKET, 2016-2023 ($MILLION)
FIGURE 33. LAMEA EDGE ANALYTICS MARKET, 2016-2023 ($MILLION)
FIGURE 34. LATIN AMERICA EDGE ANALYTICS MARKET, 2016-2023 ($MILLION)
FIGURE 35. MIDDLE EAST EDGE ANALYTICS MARKET, 2016-2023 ($MILLION)
FIGURE 36. AFRICA EDGE ANALYTICS MARKET, 2016-2023 ($MILLION)
FIGURE 37. CISCO SYSTEMS, INC.: REVENUE, 2014-2016 ($MILLION)
FIGURE 38. DELL INC.: REVENUE, 2015-2017 ($MILLION)
FIGURE 39. DELL INC.: REVENUE, BY REGION, 2017 (%)
FIGURE 40. EQUINIX INC: REVENUE, 2014-2016 ($MILLION)
FIGURE 41. GREENWAVE SYSTEMS: REVENUE, 2014-2016, ($MILLION)
FIGURE 42. GREENWAVE SYSTEMS: REVENUE BY GEOGRAPHY, 2016 (%)
FIGURE 43. GREENWAVE SYSTEMS: REVENUE BY BUSINESS SEGMENT, 2016 (%)
FIGURE 44. HP INC.: REVENUE, 2015-2017 ($MILLION)
FIGURE 45. HP INC.: REVENUE BY BUSINESS SEGMENT, 2015 (%)
FIGURE 46. IBM CORPORATION.: REVENUE, 2014-2016 ($MILLION)
FIGURE 47. IBM CORPORATION: REVENUE, BY BUSINESS SEGMENT, 2016 (%)
FIGURE 48. IGUAZIO: REVENUE, 2014-2016 ($MILLION)
FIGURE 49. INTEL CORPORATION: REVENUE, 2014-2016 ($MILLION)
FIGURE 50. MICROSOFT CORPORATION: REVENUE, 2014-2016 ($MILLION)
FIGURE 51. MICROSOFT CORPORATION: REVENUE BY SEGMENT, 2016 (%)
FIGURE 52. ORACLE CORPORATION: REVENUE, 2014-2016 ($MILLION)
FIGURE 53. ORACLE CORPORATION: REVENUE, BY SEGMENT, 2016 (%)

 

The global edge analytics market is expected to reach $10,052 million by 2023, owing to growth in number of connected devices in IoT and surge in demand for advanced and real-time analytics. The global market is expected to witness high growth rate during the forecast period, owing to surge in alliances and collaborations among various key vendors and users, especially in the developing countries. However, no common platform for standardized software deployment is expected to hinder the edge analytics market growth.

Edge analytics provide advanced analytics solutions such as data queueing, flexible data collection, data controlling, and others. The primary analytical models in edge analytics are historical analysis, predictive analytics, and prescriptive analytics. Edge analytics has emerged as a top trend across several industry verticals, including public sectors, healthcare, retail, manufacturing, and others, in the recent years, owing to optimized information analysis.

In 2016, the historical analysis segment was the highest contributor in the global edge analytics market, in terms of revenue, followed by the predictive analytics. Furthermore, the prescriptive analytics is anticipated to witness the highest growth rate, owing to increase in need of result oriented business models among enterprises.

The manufacturing segment contributed the highest revenue share in 2016; however, the transportation segment is anticipated to witness significant growth in the near future, owing to optimized transport modes through predictive analysis of connected devices and efficient crowd management at several transportation terminals. The edge analytics market in energy & utility segment is anticipated to grow at the second fastest rate during the forecast period.

Key market players have adopted various strategies, such as new product launch, business expansion, acquisition, and strategic alliances, to create more awareness about edge analytics and increase adoption across various industry verticals in the global edge analytics market.

 

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