Edge AI Software Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2021 to 2027

The Global Edge AI Software Market size is projected to reach USD 3363.7 Million by 2027, from USD 713.4 Million in 2019, at a CAGR of 24% during the forecast period 2021-2027.

Edge Artificial Intelligence (AI) software is a combination of edge computing technology and machine learning. This AI software automatically transforms raw data into motion or events, predictions, and insights without costly data and big data analysis. The software tools provided are in the form of frameworks and software development kits that provide the benefits of merging AI capabilities and software applications. In this edge AI software, AI algorithms are processed on hardware devices with the help of sensors and signals. Adoption of this system reduces the likelihood of staying connected in real-time as the system detects connections and makes decisions dynamically.

Market Segments

By Data Source:

• Video and Image Recognition
• Speech Recognition
• Biometric Data
• Sensor Data
• Mobile Data

By Application:

• Autonomous Vehicles
• Access Management
• Video Surveillance
• Remote Monitoring And Predictive Maintenance
• Telemetry
• Energy Management

Key Players

• IBM
• Microsoft
• Intel
• Google
• TIBCO
• Cloudera
• Nutanix
• Foghorn Systems
• SWIM.AI
• Anagog

Scope of the Report

The research study analyzes the global Edge AI Software industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Edge AI Software Market Report

1. What was the Edge AI Software Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).

2. What will be the CAGR of the Edge AI Software Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Edge AI Software Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.