Global Edge AI Software Market Projected to Increase at a CAGR of 28.8% and Garner $3,093.2 Million by 2027 - Exclusive Report [284 pages] by Research Dive

Global Edge AI Software Market Projected to Increase at a CAGR of 28.8% and Garner $3,093.2 Million by 2027 - Exclusive Report [284 pages] by Research Dive

PR Newswire

NEW YORK, Sept. 15, 2020

- The global edge AI software market is predicted to witness a strong growth in forecast period owing to the growing usage of edge AI software in telecom sector. The North America region is predicted to hold the majority of market share by 2027

NEW YORK, Sept. 15, 2020 /PRNewswire/ -- According to a newly published Research Dive report, the Global Edge Artificial Intelligence (AI) Software Market valued for USD 435.9 million in 2019 and is expected to surpass USD 3,093.2 million by 2027, growing at a CAGR of 28.8% from 2029 to 2027.

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Quick Download Sample Report [80 pages] of Edge AI Software Market: https://www.researchdive.com/download-sample/399

Driving Factors of Global Edge Artificial Intelligence (AI) Software Market

The increasing utilization of edge AI software in telecom industry owing to its various advantages such as contextual push intelligence, 360 insight capability, one place availability of productivity tools, and others is a significant factor expected to bolster the growth of the overall edge AI software market during the forecast period. Moreover, edge AI software is used in management of numerous data which in turn allows business to improve bandwidth, speed, decrease latency, improved individual experience, and enhanced data analysis, which is predicted to propel the global market growth in the estimated timeframe. However, lack of skilled employee, privacy concerns, and ethical issue with edge AI software is predicted to hamper the market growth in the coming future.

COVID-19 Impact on the Global Edge Artificial Intelligence (AI) Software Industry

The COVID-19 pandemic has progressively impacted the global edge AI software industry mainly due to increasing adoption of edge AI software by many companies for complete automation in work processes. This is helping the companies in smooth running of operations during the work from home culture in the pandemic crisis. – Download COVID-19 Impact on Edge AI Software Market Report

Key Segment Findings of the Edge Artificial Intelligence (AI) Software Market:

The report segments the global edge AI software market by Component, Data Source, Application, End Use, and Region.

Top 10 Major Players Operating in the Global Edge AI Software Market:

  1. IBM
  2. Foghorn Systems, Inc.
  3. Microsoft Corporation
  4. In Vision AI
  5. Amazon Web Services (AWS)
  6. Anagog Ltd
  7. TIBCO Software Inc.
  8. Veea Inc.
  9. Imagimob AB
  10. Tact.ai Technologies Inc.

The report sketches various aspects of all these market players such as product portfolio, SWOT analysis, financial performance, and recent strategic moves & developments. - Quick Download Top Companies Development Strategies Summary Report [75 pages]

Interesting to read about Global Edge Artificial Intelligence (AI) Software:

Advantages and Applications of Edge AI- The New Marvel of Technology

Global Edge AI Software Market to Grow Exponentially During the Forecast Period Owing to Advancements in Technology

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About Research Dive

Research Dive is a market research firm based in Pune, India. Maintaining the integrity and authenticity of the services, the firm provides the services that are solely based on its exclusive data model, compelled by the 360-degree research methodology, which guarantees comprehensive and accurate analysis. With an unprecedented access to several paid data resources, team of expert researchers, and strict work ethic, the firm offers insights that are extremely precise and reliable. Scrutinizing relevant news releases, government publications, decades of trade data, and technical & white papers, Research dive deliver the required services to its clients well within the required timeframe. Its expertise is focused on examining niche markets, targeting its major driving factors, and spotting threatening hindrances. Complementarily, it also has a seamless collaboration with the major industry aficionado that further offers its research an edge.

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