The Edge Ai Software Market size is expected to grow at an annual average of 17% during 2021-2027. Edge Ai Software market is projected to grow at a significant CAGR during the forecast period. Various factors, such as rising company workloads on the cloud and rapid growth in the number of smart applications, are expected to drive the adoption of cutting-edge AI technologies and services. North America is projected to have the largest market size in the global AI software market. On the other hand, Asia Pacific (APAC) is projected to rise at the highest CAGR during the forecast era.The APAC area is experiencing rapid growth due to a variety of factors, such as the expansion of local businesses and government programmes based on advances in AI technology. The big APAC countries are technology-driven and deliver massive investment and revenue opportunities.
Organizations in North America, especially in the United States, have taken advantage of AI, machine learning, and deep learning technologies to remain ahead of the competition. The region’s economies are well-established, allowing edge AI software vendors to invest in new technologies. It is also seen as a hotbed of creativity, with major IT companies releasing intelligent devices and partnering with other firms in the edge AI tech industry.
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A full report of Edge Ai Software Market is available at: https://www.orionmarketreports.com/edge-ai-software-market/48435/
The following segmentation are covered in this report:
By Component:
- Solution
- Software Tools
- Platform
- Services
- Training and Consulting
- System Integration and Testing
- Support and Maintenance
By Data Source:
- Video and Image Recognition
- Speech Recognition
- Biometric Data
- Sensor Data
- Mobile Data
By Application:
- Autonomous Vehicles
- Access Management
- Video Surveillance
- Remote Monitoring And Predictive Maintenance
- Telemetry
- Energy Management
- Others (Point of Sales, Field Service Support, Precision Agriculture, AR/VR, And Smart Wearables)
By Vertical:
- Government and Public
- Manufacturing
- Automotive
- Energy and Utilities
- Telecom
- Healthcare
- Others (Media and Entertainment, Retail and Ecommerce, and Banking, Financial Services and Insurance [BFSI]).
Company Profile
- International Business Machine (IBM)
- Microsoft
- Foghorn Systems
- In Vision AI
- Anagog
- Amazon Web Services
- TIBCO
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(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
