Global Edge AI Software Market Size, Status and Forecast 2021-2027

Edge AI software enables aggregation, processing, computation, and analysis of data present near or on the edge devices by leveraging AI and IoT technologies. The software helps to process data on edge nodes even in remote and decentralized networks, without cloud connectivity.
Integrating AI with IoT in edge devices helps enterprises to minimize latency, reduce bandwidth, lessen threats, avoid duplication, improve reliability, and maintain compliance. Moreover, edge AI software solutions enable an organization to utilize the computing resources in an optimal manner, minimize the bandwidth required to execute the solution, and lower the latency in particular response time.
The amount of IoT devices deployed worldwide is exploding across all industries and cloud computing is overwhelmed with challenges that prevent IoT from scaling. For this reason, the center of data production and computing is transitioning from the cloud to the edge creating the need of IoT devices with a small but power efficient footprint.

Market Analysis and Insights: Global Edge AI Software Market
The global Edge AI Software market size is projected to reach US$ 3363.7 million by 2027, from US$ 713.4 million in 2020, at a CAGR of 24.8% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Edge AI Software market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Edge AI Software market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Edge AI Software market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Edge AI Software market.

Global Edge AI Software Scope and Market Size
Edge AI Software market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Edge AI Software market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type
Software Tools
Platforms

Segment by Application
Autonomous Vehicles
Access Management
Video Surveillance
Remote Monitoring & Predictive Maintenance
Telemetry
Others

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

By Company
IBM
Microsoft
Intel
Google
TIBCO
Cloudera
Nutanix
Foghorn Systems
SWIM.AI
Anagog
Tact.ai
Bragi
XNOR.AI
Octonion
Veea Inc
Imagimob