Global Edge AI Software (AI) Market Share and Growth to 2021 | Future growth, size, share, types, products, high demand, industry analysis and forecasts 2028

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The increasing art of AI applications and the rapid adoption of the 5G network are key drivers for the revenue growth of the global edge artificial intelligence (AI) market

The global Artificial Intelligence (AI) Software market size reached $ 585.1 million in 2020 and is expected to see a CAGR of 20.1% over the forecast period, according to the latest analysis by Emergen Research. The growth in revenue of the global artificial intelligence edge market is expected to be driven by an increasing number of AI applications, the rapid adoption of the 5G network worldwide, and the increasing demand for real-time operations that are vital to robotics and self-driving vehicles.

The Solutions segment’s revenue is expected to grow at a significant CAGR over the forecast period. It is expected that the increasing acceptance of Edge AI software in various industries due to the high flexibility and support provided by Edge AI solutions will boost sales growth in this segment in the future.

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Some key highlights from the report

  • The Solutions segment’s revenue is expected to grow at a significant CAGR over the forecast period. It is expected that the increasing acceptance of Edge AI software in various industries due to the high flexibility and support provided by Edge AI solutions will boost sales growth in this segment in the future.
  • The video and image recognition segment is expected to lead sales in various industries during the forecast period due to the increasing adoption of edge AI software for video and image recognition.
  • The video surveillance segment is expected to lead the market over the forecast period due to the increasing adoption of edge AI software for video surveillance to improve surveillance and tracking while reducing the amount of data transferred to the cloud.

The study of the Global Edge AI Software Market by Emergen Research provides insightful data on the market size and trends, including factors and elements influencing market growth. Edge Artificial Intelligence (AI) Software industry study provides a panoramic view of the industry with key results and market data that has been validated and verified by industry experts. The crucial information covered in the report provides the readers and companies with an opportunity to capitalize on the current market scenario and enables a strategic business decision process for improved profitability. Some of the key market players analyzed in the report to provide a better understanding of the competitive landscape are Microsoft Corporation, Alphabet Inc., Nutanix, Inc., International Business Machines Corporation, Synaptics Incorporated, Bragi GmbH, TIBCO Software Inc., FogHorn Systems, Inc., Invision AI Inc. and Amazon Web Services.

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Edge AI software (AI) segmentation based on key geographic regions:

  • North America (USA, Canada)
  • Europe (UK, Italy, Germany, France, rest of the EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, rest of APAC)
  • Latin America (Chile, Brazil, Argentina, rest of Latin America)
  • Middle East & Africa (Saudi Arabia, United Arab Emirates, South Africa, rest of MEA)
    • Component Outlook (Revenue, $ Mn; 2018-2028)
  • Data Sources Outlook (Revenue, $ Mn; 2018-2028)
    • mobile data
    • Biometric data
    • Video and image recognition
    • Sensor data
    • voice recognition
  • Application Outlook (Revenue, $ Mn; 2018-2028)
    • Video surveillance
    • Telemetry
    • Autonomous vehicles
    • Remote monitoring
    • Field service support
    • Energy management
    • Smart wearables
    • Precision Agriculture
    • Predictive maintenance
    • Access management
    • Point of sale
    • Augmented Reality & Virtual Reality
    • Other
  • End Use Outlook (Revenue, $ Mn; 2018-2028)
    • Manufacturing
    • government
    • BFSI
    • Healthcare
    • retail trade
    • telecommunications

Aims of the study:

The segmentation of the market is based on product types, range of applications and key regions of the Edge AI software (KI) market. In addition, the report provides extensive coverage of the key companies and their strategic plans to achieve a significant market position. The report also covers their strategic alliances such as mergers and acquisitions, joint ventures, collaborations, product launches, branding, corporate and government deals, agreements and partnerships.

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Additionally, the report on Edge AI Software (AI) provides a comprehensive analysis of the key elements influencing the growth of the market such as drivers, restraints, opportunities, restraints, threats, as well as micro and macroeconomic factors. It also offers a comprehensive SWOT analysis, Porter Five Forces analysis, feasibility study, and ROI analysis. It also offers new market entrants strategic recommendations for overcoming entry barriers. Strategic recommendations for the established players help them to consolidate their position in the market.

Table of Contents:

Chapter 1. Methodology & Sources
1.1. Market definition
1.2. Research scope
1.3. methodology
1.4. Research sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid sources
1.5. Market appraisal technique
Chapter 2. Summary
2.1. Summary snapshot, 2021-2028
Chapter 3. Key Findings
Chapter 4. Edge AI Software Market Segmentation and Impact Analysis
4.1. Market segmentation analysis for Edge AI software
4.2. Industrial outlook
4.2.1. Analysis of the market indicators
4.2.2. Analysis of the market drivers
4.2.2.1. More and more applications for artificial intelligence
4.2.2.2. Increasing introduction of the 5G network
4.2.2.3. Increasing corporate workloads in the cloud
4.2.2.4. Increasing developments in the Internet of Things (IoT)
4.2.3. Analysis of market restrictions
4.2.3.1. Edge AI software privacy and security concerns
4.2.3.2. Edge AI software interoperability issues with core systems
4.3. Technological insights
4.4. Legal framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive metric space analysis
4.7. Price trend analysis
4.8. Covid-19 impact analysis

Chapter 5. Edge AI Software Market by Component Insights and Trends, Revenue (Million USD)
5.1. Component Dynamics and Market Share, 2021-2028
5.1.1. Services
5.1.2. solutions

Chapter 6. Edge AI Software Market By Insights and Trends from Data Sources, Revenue (US $ Mn)
6.1. Data Source Dynamics and Market Share, 2021-2028
6.1.1. mobile data
6.1.2. Biometric data
6.1.3. Video and image recognition
6.1.4. Sensor data
6.1.5. voice recognition

Chapter 7. Edge AI Software Market by Application Insights and Trends, Revenue (MILLION USD)
7.1. Application Dynamics and Market Share, 2021-2028
7.1.1. Video surveillance
7.1.2. Telemetry
7.1.3. Autonomous vehicles
7.1.4. Remote monitoring
7.1.5. Field service support
7.1.6. Energy management
7.1.7. Smart wearables
7.1.8. Precision Agriculture
7.1.9. Predictive maintenance
7.1.10. Access management
7.1.11. Point of sale
7.1.12. Augmented Reality & Virtual Reality
7.1.13. Other

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