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Edge Analytics Market Share

Report ID: GMI6379
Published Date: Jul 2024
Report Format: PDF

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Edge Analytics Market Share

IBM Corporation and Amazon Web Services accounted for a market share of around 10% in the market in 2023. IBM is combining its cloud infrastructure with edge computing solutions, to enable businesses to process data locally while maintaining seamless integration with the cloud. This helps industries requiring low-latency data processing and real-time analytics, such as telecommunications and retail?. This is helping the company maintain a high market presence.

AWS is expanding its edge analytics capabilities through high investments in AI and machine ML. These technologies are embedded in AWS's edge services, enabling predictive maintenance, real-time analytics, and advanced data processing at the edge. AWS’s focus on AI and ML provides customers with powerful tools to analyze data and make quick and better-informed decisions.

Edge Analytics Market Companies

Major players operating in the digital education industry are:

Amazon Web Services Inc.
Cisco Systems Inc.
Dell
Hewlett Packard Enterprise
IBM Corporation
Intel Corporation
Google LLC
Microsoft Corporation
Oracle Corporation
SAS Institute Inc.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of edge analytics reached USD 11.1 billion in 2023 and is set to register over 25% CAGR between 2024 and 2032, led by adoption of IoT devices worldwide and the increasing internet penetration.

The solution segment is expected to reach USD 55 billion by 2032, fueled by the demand for real-time data processing and the surge in data from IoT devices.

North America market held 35% revenue share in 2023, due to adoption of edge analytics solutions and services along with the growing demand for processing data at the edge.

Amazon Web Services Inc., Cisco Systems Inc., Dell, Hewlett Packard Enterprise, IBM Corporation, Intel Corporation, Google LLC, Microsoft Corporation, Oracle Corporation and SAS Institute Inc.