PUBLISHER: TechNavio | PRODUCT CODE: 1774434
PUBLISHER: TechNavio | PRODUCT CODE: 1774434
The edge ai software market is forecasted to grow by USD 4,773.1 mn during 2024-2029, accelerating at a CAGR of 28.4% during the forecast period. The report on the edge ai software market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by imperative for real time processing and reduced latency, proliferation of iot devices and the ensuing data deluge, and growing concerns over data security, privacy, and sovereignty.
Market Scope | |
---|---|
Base Year | 2025 |
End Year | 2029 |
Series Year | 2025-2029 |
Growth Momentum | Accelerate |
YOY 2025 | 26.7% |
CAGR | 28.4% |
Incremental Value | $4,773.1 mn |
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's edge ai software market is segmented as below:
By Component
By Deployment
By Application
By Geographical Landscape
This study identifies the proliferation of generative ai at the edge as one of the prime reasons driving the edge ai software market growth during the next few years. Also, maturation and adoption of comprehensive edge mlops platforms and convergence of edge ai with 5g and telecommunications infrastructure will lead to sizable demand in the market.
The report on the edge ai software market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading edge ai software market vendors that include Alibaba Cloud, Amazon Web Services Inc., Axelera AI B.V., Baidu Inc., ClearBlade Inc., Edgeimpulse, Inc., Google LLC, Hewlett Packard Enterprise Co., Huawei Technologies Co. Ltd., Intel Corp., International Business Machines Corp., Kyndryl Inc., Microsoft Corp., Nutanix Inc., NVIDIA Corp., Oracle Corp., Qualcomm Inc., Synaptics Inc., and TIBCO Software Inc.. Also, the edge ai software market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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