Latest Report Available at Advance Market Analytics, ”Global Edge AI Software Market Insights to 2026,” provides pin-point analysis for changing competitive dynamics and a forward looking perspective on different factors driving or restraining industry growth.
A new business intelligence report released by Advance Market Analytics with title Global Edge AI Software Market Insights, forecast to 2027. This report provides a detailed overview of key factors in the Global Edge AI Software Market and factors such as driver, restraint, past and current trends, regulatory scenarios and technology development. A thorough analysis of these factors has been conducted to determine future growth prospects in the global Edge AI Software market.
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Some of the key players profiled in the study are:
IBM (United States), AWS (United States), Google (United States), Microsoft (United States), Nutanix (United States), TIBCO (United States), Octonion (Switzerland), SWIM.AI (United States), Imagimob (Sweden), Anagog (Israel)
Scope of the Report of Edge AI Software:
The global Edge AI Software market is expected to boost demand in the forecasted period due to rapid growth in the number of intelligent applications and smart devices and the rise in demand for device-side computation. 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. The edge AI software devices are a mix of Machine Learning (ML) and edge processing innovation and consequently transforms raw information into insights, events, and forecasts, without huge information and expensive analysis. The software tools that are being offered in the Edge AI Software Market are Software Development Kits (SDKs) and systems, which enable clients to incorporate AI capacities in the application software.
On 29th October 2019, Samsung Electronics Co., Ltd., and IBM has announced that Samsung Developer Conference, a new joint platform leveraging IBM Cloud and AI capabilities, and Samsung’s mobile offerings. The collaboration between the two companies brings together IBM’s capabilities with the Samsung Galaxy ecosystem for today’s enterprise customers.
The titled segments and sub-section of the market are illuminated below:
by Application (Autonomous Vehicles, Access Management, Video Surveillance, Remote Monitoring and Predictive Maintenance, Telemetry (Location Services), Energy Management, Others), Data Sources (Video and Image Recognition, Speech Recognition, Biometric Data, Sensor Data, Mobile Data), Industry Vertical (Government and Public, Manufacturing, Automotive, Energy and Utilities, Telecom, Healthcare, Others), Component (Solutions (Software Tools, Platform), Services (Training and Consulting, System Integration and Testing, Support and Maintenance))
High Adoption due to Growth in Number of Intelligent Applications
The Rise in Demand for Device-Side Computation
The Emergence of the 5g Network to Bring IT and Telecom Together
The Rising Popularity of Edge AI Software in Autonomous Vehicles’ Applications
The Growing Enterprise Workloads on the Cloud
The Rise in Need for Scalability, High Connectivity, Low Power Consumption, and Reduced Latency among Diverse Industrie
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The study encompasses a variety of analytical resources such as SWOT analysis and Porters Five Forces analysis coupled with primary and secondary research methodologies. It covers all the bases surrounding the Edge AI Software industry as it explores the competitive nature of the market complete with a regional analysis.
Key highlights of the Edge AI Software Market Study:
• CAGR of the market during the forecast period 2018-2025
• Detailed information on factors that will accelerate the growth.
• Insights on upcoming trends and changes in consumer behavior
• Uncovering market’s competitive landscape
• Comprehensive information about factors that will challenge the growth
Try a limited scope research document specific to Country or Regional matching your objective.
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