Edge Analytics Market Research Report by Forecast to 2023

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Edge Analytics Market Research Report By
Forecast to 2023
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
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Edge Analytics Market
In this post-cloud era, with increasing IoT
applications, it is being estimated that more
than 50 billion things would be connected to
internet by 2020. Some IoT application would
require short response time, some might involve
private data, or some applications might produce
large amount of data which in return would
increase the load on the network. Cloud computing
would not be very efficient to support such load
of applications. The success of various cloud
services such as SaaS, PaaS, and IaaS and the
proliferation of IoT have pushed the new
computing paradigm towards edge analytics. Edge
analytics collects and analyze data with support
of sensors, and network switch and helps
companies in setting parameters for operations
and decision making process.
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Edge Analytics Market
Taste the market data and market information
presented through more than 50 market data tables
and figures spread in 100 numbers of pages of the
project report. Avail the in-depth table of
content TOC market synopsis on Internet of Edge
Analytics Market Forecast To 2023
The major growth driver of Edge Analytics Market
includes proliferation of data traffic through
connected devices, high adoption of cloud based
services. However, high price of equipment,
complex features and requirement of sophisticated
maintenance are some of the major factor
hindering the growth of Edge analytics Market The
COVID-19 pandemic disruption is estimated to
transform the Edge Analytics Market in the years
to come drastically, and its after-effects will
be persistently seen in the years ahead. The MRFR
report on the Edge Analytics Market meticulously
tracks the COVID-19 pandemic effect for the years
ahead. Moreover, the precise analysis of drivers
and restraints in a post-COVID-19 market offers a
coherent understanding of future growth cues.
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Edge Analytics Market
Regional Analysis
The geographic analysis of the global edge
analytics market has been carried out in four
major regions, comprising the Asia Pacific, North
America, Europe, and the rest of the world (the
Middle East, and Africa Latin America). North
America, followed by Europe, has dominated the
market in 2017 due to technological advancement
in the data center and network architecture in
the region. Furthermore, significant growth of
the edge analytics market can be accrued to the
high concentration of manufacturing and
telecommunication industries that significantly
adopt edge analytics services. The need for edge
analytics is directly related to cloud traffic.
Due to the massive increase in cloud traffic,
significant growth in the market can be observed.
Also, considerable growth in sensor technology
can be witnessed in the region. By merging the
innovations of sensor technology with decreasing
hardware costs, the edge-to-cloud paradigm can be
established. The Asia Pacific is estimated to be
the fastest-growing region due to growing cloud
computing and big data analytics architecture
market in the region. China is leading the edge
analytics market in the Asia Pacific region due
to the growing integration of industrialization
and digitization in the country. The growing IoT
market is also fuelling market growth in the
region.
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Edge Analytics Market
Application Major Players in this Research

• Edge Analytics Market Prominent Players
• Oracle Corporation (U.S.),
• Cisco Corporation (U.S.),
• SAP SE (Germany),
• Apigee Corporation (U.S.),
• SAS Institute (U.S.),
• AGT International Inc. (Switzerland),

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Edge Analytics Market
Edge Analytics Market Segmented on the basis of
Segment Segmentation of the market, by
Component, has been done into Solution and
Services Segmentation by Type has been carried
out into Descriptive analytics, predictive
analytics, prescriptive analytics, and diagnostic
analytics. Segmentation by Deployment consists
of Cloud and on-premise. Segmentation by
Business Application includes Marketing, Sales,
Operations, Finance, and Human Resource Segmenta
tion by Verticals covers BFSI, Manufacturing,
Healthcare, Retail, IT Telecommunication, Media
Entertainment, Travel Hospitality, and
Government. Edge analytics support organizations
to get more advanced data faster by employing
advanced analytics and machine learning at the
point of data collection. Healthcare is another
domain where a massive upsurge in the number of
connected devices can be witnessed. The
manufacturing industry can make extensive
deployment of Edge analytics, for instance, in a
smart production line.
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