Edge AI Software Market Is Projected To Reach USD 8049.8 Million by 2027 | CAGR: 29.8%: Astute Analytica
NEW DELHI, Nov. 22, 2021 /PRNewswire/ -- According to research study conducted by Astute Analytica, we estimated that the Global Edge AI Software Market will grow at a CAGR of 29.8% during the forecast period of 2021-2027.
Request for a sample report: https://www.astuteanalytica.com/request-sample/edge-ai-software-market
'The most demanding use of Edge AI has been seen in wearable devices.'
Edge AI is a system that consists of sophisticated Machine Learning algorithms that the process data generated by a local hardware device. It is a system that puts Edge Computing and Artificial Intelligence (AI) together. AI is a machine made to performs tasks that otherwise require human intelligent. Together Edge computing and AI brings many breakthrough advancements like self-driving cars, which helps prevent many accidents that occur due to human faults such as drunk or distracted driving. With most self-driving cars having electric engine, these cars have proven themselves to be environment friendly.
An application of edge technology can be seen in speakers of Google, Alexa or Apple Homepod, Apple Siri. Such devices have comprehensive computer algorithms that helps them to learn and improve automatically using a lot of given data and experience.
In-Depth Study of Market and What Effects It
Key Players and Recent Developments
There are several players in the market that provides this technology intensively and the biggest providers are AWS, Google, IBM, Microsoft, Azion technologies, Anagog Ltd., Foghorn Systems, Inc. Chaos Prime, Inc. Gorilla Technology Group, Inc. Imagimob, Nutanix, Octonion, Synaptics, TIBCO Software, Veea Inc. Top 12-15 market players hold approximately 65-70% of the market share. The report evaluates that the market is projected to shift towards an oligopoly market during the forecast period. Some new developments in the global market for Edge AI software are listed below:
Have Any Query Or Specific Requirement? Feel Free to Ask Our Industry Experts at: https://www.astuteanalytica.com/request-sample/edge-ai-software-market
Astute Analytica has segmented the Edge AI Software Market on the basis of Component, Data Source, Application, End-User and region:
By Data Source
By End Users
Find more research reports on Technology by Astute Analytica
About Astute Analytica
Astute Analytica is a global analytics and advisory company which has built a solid reputation in a short period, thanks to the tangible outcomes we have delivered to our clients. We pride ourselves in generating unparalleled, in depth and uncannily accurate estimates and projections for our very demanding clients spread across different verticals. We have a long list of satisfied and repeat clients from a wide spectrum including technology, healthcare, chemicals, semiconductors, FMCG, and many more. These happy customers come to us from all across the Globe. They are able to make well calibrated decisions and leverage highly lucrative opportunities while surmounting the fierce challenges all because we analyze for them the complex business environment, segment wise existing and emerging possibilities, technology formations, growth estimates, and even the strategic choices available. In short, a complete package. All this is possible because we have a highly qualified, competent, and experienced team of professionals comprising of business analysts, economists, consultants, and technology experts. In our list of priorities, you-our patron-come at the top. You can be sure of best cost effective, value added package from us, should you decide to engage with us.
SOURCE Astute Analytica
Keynote Presentation - Open to all Badge Holders
CannTech Expo Exhibit Hall Open
Open Source Session TBA