+30% CAGR Growth to Be Achieved by Edge Analytics Market According to New Market Research

The major players in global market include Cisco Corporation, Oracle Corporation , SAP SE, SAS Institute, Apigee Corporation, Predixion Software, AGT International Inc, Foghorn Systems, CGI Group Inc., Analytic Edge, Prism Tech.


Pune, India -- (SBWIRE) -- 03/16/2018 -- Geographically, this report split global into several key Regions, with, revenue (million USD), market share and growth rate of Edge Analytics for these regions, from 2012 to 2022 (forecast): United States, EU, Japan, China, India, Southeast Asia
The report "Edge Analytics Market - 2021 Global Outlook" for Components (Solutions and Services), Analysis Types, Business Applications (Marketing, Sales, Operations, Finance and HR) It is expected to grow to a compound annual growth rate (CAGR) of +30%
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The emergence of the Internet of Things (IoT) and the proliferation of massive amounts of data through connected devices and predictions and real-time intelligence on network devices catalyzes the adoption of edge analysis solutions and services.
Edge analysis is basically an alternative to big data analysis. Analyze data generated at the edge of a network device in real time. Edge analysis performs automated analysis calculations of data collected in real time instead of sending the data back to the central data store.

Edge analysis is gaining attention due to the rapid growth of data availability through devices and real-time intelligence coupled with the emergence of the Internet. A key driver of the edge analysis market is its ability to drive market share, such as scalability and cost optimization.

The edge analysis market is segmented by component, type, distribution, business application and vertical. Type segments are further subdivided into technical analysis, predictive analysis, normative analysis, and diagnostic analysis. Of these, the predictive analytic type is expected to grow to the highest CAGR during the forecast period due to the nature of predicting the outcome of the business environment before the actual event occurs.

The edge analysis market is divided into four types of analysis: prediction, perception, diagnosis, and explanatory analysis. The type of forecast analysis is expected to grow to the highest CAGR during the forecast period. Predictive analysis will be the game changer of the business environment that predicts the outcome before the actual event occurs.

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Market by deployment model is classified as on premise and on cloud model. The on-cloud deployment model is expected to show the highest CAGR between 2016 and 2021. The on-cloud deployment model will gain traction over the next few years due to the cost-effectiveness, agility, and affordability that are available to end customers.
The edge analysis market divides the global market by region, including North America, Asia-Pacific (APAC), Europe, Middle East and Africa (MEA) and Latin America. North America is expected to account for the largest portion of the edge analysis market in 2016 due to increased demand for large enterprises, technology experts and the region's advanced analytical technologies. The APAC market is expected to grow at the highest CAGR between 2016 and 2021. The main driving force behind this growth is the enormous growth of data through diverse channels such as social media, mobile computing and IoT, part.
The report also includes a variety of strategies such as M & A, partnerships and collaboration and product development adopted by key players to increase market share. SAP (USA), SAS Institute (USA), Apigee Corporation (USA), Predixion Software (USA), AGT International Inc. (Switzerland), Foghorn Systems (USA), CGI Group Inc. (Canada), Analytic Edge (India) and Prism Tech (UK).