The global market for Edge Analytics is estimated at US$13.1 Billion in 2023 and is projected to reach US$69.9 Billion by 2030, growing at a CAGR of 27.1% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the edge analytics market is driven by several factors, including technological innovations that have expanded the capabilities and applications of edge devices. The increasing proliferation of IoT devices across industries has created a massive influx of data at the edge, necessitating robust analytics solutions that can operate independently of central systems. Additionally, the need for real-time decision-making in critical applications, such as healthcare monitoring systems and logistics tracking, compels the adoption of edge analytics.
Consumer behavior has also shifted, favoring more interactive and responsive technologies, which edge analytics supports by facilitating faster data processing and response times. Moreover, the ongoing digital transformation in sectors like manufacturing, retail, and telecommunications further fuels the demand for edge analytics, as businesses seek to optimize operations and enhance customer experiences. These drivers collectively propel the edge analytics market towards rapid growth and broader adoption.
The growth in the edge analytics market is driven by several factors, including technological innovations that have expanded the capabilities and applications of edge devices. The increasing proliferation of IoT devices across industries has created a massive influx of data at the edge, necessitating robust analytics solutions that can operate independently of central systems. Additionally, the need for real-time decision-making in critical applications, such as healthcare monitoring systems and logistics tracking, compels the adoption of edge analytics.
Consumer behavior has also shifted, favoring more interactive and responsive technologies, which edge analytics supports by facilitating faster data processing and response times. Moreover, the ongoing digital transformation in sectors like manufacturing, retail, and telecommunications further fuels the demand for edge analytics, as businesses seek to optimize operations and enhance customer experiences. These drivers collectively propel the edge analytics market towards rapid growth and broader adoption.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Edge Analytics Solutions segment, which is expected to reach US$47.9 Billion by 2030 with a CAGR of a 25.4%. The Edge Analytics Services segment is also set to grow at 31.4% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $8.9 Billion in 2023, and China, forecasted to grow at an impressive 33.8% CAGR to reach $2.7 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Edge Analytics Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Edge Analytics Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Edge Analytics Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Cisco Systems, Inc., Amazon Web Services, Inc., CGI, Inc., and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 139 Featured):
- Cisco Systems, Inc.
- Amazon Web Services, Inc.
- CGI, Inc.
- 6 Sense Insights, Inc.
- Cloudera, Inc.
- Alteryx, Inc.
- Aveva Group PLC
- Analytic Edge Pvt. Ltd.
- ALTEN Calsoft Labs
- Anaconda
- Camgian Microsystems
- AIMMS
- Bitwoke
- Bright Wolf
- Crosser
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAITALYREST OF EUROPEREST OF WORLDIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
Companies Mentioned
- Cisco Systems, Inc.
- Amazon Web Services, Inc.
- CGI, Inc.
- 6 Sense Insights, Inc.
- Cloudera, Inc.
- Alteryx, Inc.
- Aveva Group PLC
- Analytic Edge Pvt. Ltd.
- ALTEN Calsoft Labs
- Anaconda
- Camgian Microsystems
- AIMMS
- Bitwoke
- Bright Wolf
- Crosser
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 804 |
| Published | November 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 13.1 Billion |
| Forecasted Market Value ( USD | $ 69.9 Billion |
| Compound Annual Growth Rate | 27.1% |
| Regions Covered | Global |
| No. of Companies Mentioned | 15 |
