Edge Analytics Market

Edge Analytics Market worth 7.96 Billion USD by 2021
According to a new market research report "Edge Analytics Market by Component (Solutions
and Services), Analytics Type, Business Application (Marketing, Sales, Operations,
Finance, and Human Resources), Deployment, Vertical, and Region - Global Forecast to
2021" published by MarketsandMarkets. The data discovers that the market 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%.
Browse 75 market data Tables and 46 Figures spread through 145 Pages and in-depth TOC
on "Edge Analytics Market"
http://www.marketsandmarkets.com/Market-Reports/edge-analytics-market-36299076.html
Advent of Internet of Things (IOT) & proliferation of massive amount of data through connected
devices, and predictive & real-time intelligence on network devices acts as a catalyst to the
growing adoption of Edge Analytics Solutions and services.
The Edge Analytics Ecosystem comprises solutions and service providers such as, Cisco
Corporation (U.S.), Oracle Corporation (U.S.), SAP SE (Germany), SAS Institute (U.S.), Apigee
Corporation (U.S.), Predixion Software (U.S.), AGT International Inc. (Switzerland),Foghorn
Systems (U.S.), CGI Group Inc. (Canada), Analytic Edge (India), and Prism Tech (U.K.),
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 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 offers to the end customer.

Predictive analytics type to grow at the highest rate during the forecast period
Edge Analytics Market categorized into four analytics types, namely, predictive, perceptive,
diagnostic, and descriptive analytics. Predictive analytics type expected to grow at the highest
CAGR over the forecasted period. Predictive analytics would be a game changer in the business
environment predicting the outcomes before the occurrence of actual events.
North America is expected to dominate the edge analytics market during the forecast
period:
The Edge Analytics Market segments the global market on the basis of regions, which include
North America, Asia-Pacific (APAC), Europe, the Middle East and Africa (MEA), and Latin
America. North America expected to hold the largest share of the Edge Analytics Market in 2016
due to the presence of large enterprises, 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 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 bolstering
smart cities initiatives in this region.
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