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Edge Analytics Market is expected to be 7.96 Billion USD by 2021

The report covers all the major aspects of the edge analytics market and provides an in-depth analysis across the regions of North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and Latin America. Provides detailed insights into the global edge analytics market, which is segmented by component, analytics type, business application, deployment model, vertical, and region. Study answers several questions for the stakeholders, primarily which market segments to focus in the next two to five years for prioritizing the efforts and investments

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Edge Analytics Market is expected to be 7.96 Billion USD by 2021

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  1. Edge Analytics Market worth 7.96 Billion USD by 2021 The data discovers that the market is estimated to grow from USD 1.94 Billion in 2016 to USD 7.96 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 32.6%.

  2. about According to a new market research report "Edge Analytics Market by Component (Solutions and Services), Analytics Type, Business Application (Marketing, Sales, Operations, Finance, and Human Resources), Deployment, Vertical, and Region- Global Forecast to 2021" published by MarketsandMarkets™. The data discovers that the market is estimated to grow from USD 1.94 Billion in 2016 to USD 7.96 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 32.6%. Browse 75 market data Tables and46 Figures spread through 145 Pages and in-depth TOC on"Edge Analytics Market" http://www.marketsandmarkets.com/Market-Reports/edge-analytics-market-36299076.html

  3. Major Vendors Advent of Internet of Things (IOT) & proliferation of massive amount of data through connected devices, and predictive & real-time intelligence on network devices acts as a catalyst to the growing adoption of Edge Analytics Solutions and services. The Edge Analytics Ecosystem comprises solutions and service providers such as, Cisco Corporation (U.S.), Oracle Corporation (U.S.), SAP SE (Germany), SAS Institute (U.S.), Apigee Corporation (U.S.), Predixion Software (U.S.), AGT International Inc. (Switzerland),Foghorn Systems (U.S.), CGI Group Inc. (Canada), Analytic Edge (India), and Prism Tech (U.K.), Key Audience- Independent Software Vendors, Cloud Service Providers, Business Analytics Software Providers Application Design and software developers, System Integrators, IT Service Providers

  4. Market growth On-cloud market to grow at the highest rate during the forecast period: • The market, by deployment model has been segmented into on-premises and on-cloud model. On-cloud deployment model expected to witness the highest CAGR during the period 2016 to 2021. On-cloud deployment model will gain traction in the coming years owing to the cost effectiveness, agility, and affordability it offers to the end customer. Predictive analytics type to grow at the highest rate during the forecast period • Edge Analytics Market categorized into four analytics types, namely, predictive, perceptive, diagnostic, and descriptive analytics.  Predictive analytics type expected to grow at the highest CAGR over the forecasted period. Predictive analytics would be a game changer in the business environment predicting the outcomes before the occurrence of actual events.

  5. Region North America is expected to dominate the edge analytics market during the forecast period: The Edge Analytics Market segments the global market on the basis of regions, which include North America, Asia-Pacific (APAC), Europe, the Middle East and Africa (MEA), and Latin America. North America expected to hold the largest share of the Edge Analytics Market in 2016 due to the presence of large enterprises, technical experts, and growing demand for edge analytics technologies in this region. The market in APAC expected to grow at the highest CAGR between 2016 and 2021. The primary driving force for this growth is the massive growth of data through various channels such as social media, mobile computing, IoT, and bolstering smart cities initiatives in this region. Inquiry @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=36299076

  6. contact Mr. Rohan MarketsandMarkets™ 701 Pike Street Suite 2175, Seattle, WA 98101, United States Tel: 1-888-600-6441 Email: sales@marketsandmarkets.com

  7. ThankYou!

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