Edge Analytics Market
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<strong>Edge</strong> <strong>Analytics</strong> <strong>Market</strong> Worth USD 7.96 Billion by 2021<br />
NEWS PROVIDED BY<br />
<strong>Market</strong>sand<strong>Market</strong>s <br />
14 Oct, 2016, 13:00 ET<br />
PUNE, India, October 14, 2016 /PRNewswire/ --<br />
According to a new market research report "<strong>Edge</strong> <strong>Analytics</strong> <strong>Market</strong> by Component (Solutions and Services), <strong>Analytics</strong> Type, Business Application (<strong>Market</strong>ing,<br />
Sales, Operations, Finance, and Human Resources), Deployment, Vertical, and Region - Global Forecast to 2021" published by <strong>Market</strong>sand<strong>Market</strong>s, the market<br />
is estimated to grow from USD 1.94 Billion in 2016 to USD 7.96 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 32.6%.<br />
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Browse 75 market data Tables and 46 Figures spread through 145 Pages and in-depth TOC on "<strong>Edge</strong> <strong>Analytics</strong> <strong>Market</strong>"<br />
http://www.marketsandmarkets.com/<strong>Market</strong>-Reports/edge-analytics-market-36299076.html<br />
Early buyers will receive 10% customization on this report.<br />
Advent of Internet of Things (IoT) & proliferation of massive amount of data through connected devices, and predictive & real-time intelligence on network devices<br />
acts as a catalyst to the growing adoption of edge analytics solutions and services.<br />
Predictive analytics type to grow at the highest rate during the forecast period<br />
<strong>Edge</strong> <strong>Analytics</strong> <strong>Market</strong> categorized into four analytics types, namely, predictive, perceptive, diagnostic, and descriptive analytics. Predictive analytics type<br />
expected to grow at the highest CAGR over the forecasted period. Predictive analytics would be a game changer in the business environment predicting the<br />
outcomes before the occurrence of actual events.<br />
On-cloud market to grow at the highest rate during the forecast period
The market, by deployment model has been segmented into on-premises and on-cloud model. On-cloud deployment model expected to witness the highest<br />
CAGR during the period 2016 to 2021. On-cloud deployment model will gain traction in the coming years owing to the cost effectiveness, agility, and affordability it<br />
offers to the end customer.<br />
North America expected to dominate the <strong>Edge</strong> <strong>Analytics</strong> <strong>Market</strong> during the forecast period<br />
The <strong>Edge</strong> <strong>Analytics</strong> <strong>Market</strong> segments the global market on the basis of regions, which include North America, Asia-Pacific (APAC), Europe, the Middle East and<br />
Africa (MEA), and Latin America. North America expected to hold the largest share of the <strong>Edge</strong> <strong>Analytics</strong> <strong>Market</strong> in 2016 due to the presence of large enterprises,<br />
technical experts, and growing demand for edge analytics technologies in this region. The market in APAC expected to grow at the highest CAGR between 2016<br />
and 2021. The primary driving force for this growth is the massive growth of data through various channels such as social media, mobile computing, IoT, and<br />
bolstering smart cities initiatives in this region.<br />
The report also encompasses different strategies, such as mergers & acquisitions, partnerships & collaborations, and product developments, adopted by major<br />
players to increase their share in the market. Some of the major technology vendors include Cisco Corporation (U.S.), Oracle Corporation (U.S.), SAP SE (Germany),<br />
SAS Institute (U.S.), Apigee Corporation (U.S.), Predixion Software (U.S.), AGT International Inc. (Switzerland), Foghorn Systems (U.S.), CGI Group Inc. (Canada),<br />
Analytic <strong>Edge</strong> (India), and Prism Tech (U.K.).<br />
Ask for Sample Pages @ http://www.marketsandmarkets.com/requestsample.asp?id=36299076<br />
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