Edge Analytics Market Expected to Reach $10,025 Million by 2023 - PowerPoint PPT Presentation

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Edge Analytics Market Expected to Reach $10,025 Million by 2023

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According to a new report published by Allied Market Research, titled, Edge Analytics Market by Solution, Type, Deployment Model and Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2017-2023, the global edge analytics market was valued at $1,726 million in 2016, and is projected to reach $10,025 million by 2023, growing at a CAGR of 29.2% from 2017 to 2023. – PowerPoint PPT presentation

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Title: Edge Analytics Market Expected to Reach $10,025 Million by 2023


1
Opportunity Analysis and Industry Forecast,
2016-2023
Global Edge Analytics Market Industry Analysis
and Forecast 2023  
Global Opportunity Analysis and Industry
Forecast, 2016-2023
2
Opportunity Analysis and Industry Forecast,
2016-2023
Prescriptive analytics is expected to witness
the highest growth rate during the forecast
period, owing to result oriented modeling on data
outcome from historical and predicative
analytics. Moreover, increase in demand for edge
analytics due to enhanced uptime, reliability,
alarm monitoring, and active notifications are
anticipated to drive the edge analytics market
among enterprises. Soumya Swarup
Sahoo Research Analysts, ICT at AMR.
Global Opportunity Analysis and Industry
Forecast, 2016-2023
3
Edge Analytics Market
Edge Analytics Market by Solution, Type,
Deployment Model and Industry Vertical Global
Opportunity Analysis and Industry Forecast,
2017-2023, the global edge analytics market was
valued at 1,726 million in 2016, and is
projected to reach 10,025 million by 2023,
growing at a CAGR of 29.2 from 2017 to 2023.
The manufacturing market in the industry
vertical segment has witnessed high demand in the
global edge analytics market in 2016 due to
increase in smart automation process at the
production site and predictive analysis of the
production cycle. In addition, reduced investment
for new hardware and pay-as-you-go deployment
model in cloud deployment are expected to fuel
the market growth in the near future.  Request
to sample- https//www.alliedmarketresearch.com/re
quest-sample/2989
4

Edge Analytics Market
Key Findings of the Edge Analytics Market The
cloud deployment model accounted for the highest
share of the global market in 2016, growing at a
CAGR of 29.8 from 2017 to 2023. North America
generated the highest revenue in 2016, valued at
856 million. The service segment dominated the
global edge analytics market, in terms of growth,
during the forecast period.
The U.S. dominated the global market in 2016. In
addition, Canada, China, UK, Australia, Japan,
and the other emerging markets are anticipated to
provide significant opportunities for major
players.
5
By Geography North America U.S. Canada Mexico Eu
rope UK France Germany Rest of Europe Asia-Pacific
China Japan India South Korea Rest of
Asia-Pacific LAMEA Latin America Middle East Arica
Edge Analytics Market
6
 
Edge Analytics Market
Thank You! For More Details
Visit us at
https//www.alliedmarketresearch.com/edge-analytic
s-market
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