Edge Artificial Intelligence Market 2028 | Emerging Technology Trends, Future Growth and Business Opportunities
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The report offers an accurate forecast estimate of the Advanced Artificial Intelligence Market based on recent technological advances and research. It also offers valuable data to help investors formulate strategic business investment plans and capitalize on the emerging growth prospects in the Edge Artificial Intelligence market.
The global advanced artificial intelligence (AI) software market size reached USD 585.1 million in 2020 and is expected to register a CAGR of 20.1% during the forecast period, according to the latest analysis from Emergen Research. The revenue growth of the global advanced artificial intelligence software market is expected to be driven by the increasing number of AI applications, the rapid introduction of 5G network in the world and the growing demand for real-time operations, which are crucial for robotics and autonomous vehicles.
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As well as new entrants in the Edge Artificial Intelligence market. It focuses on recent mergers and acquisitions, joint ventures, collaborations, partnerships, licensing agreements, brand promotions and product launches, among others.
The major market players are Microsoft Corporation, Alphabet Inc., Nutanix, Inc., International Business Machines Corporation, Synaptics Incorporated, Bragi GmbH, TIBCO Software Inc., FogHorn Systems, Inc., Invision AI Inc., and Amazon Web Services.
Market scope:
One of the central elements of the report is the broad segmentation of the Artificial Intelligence Edge market which includes range of product types, application spectrum, end-user industry landscape, important geographical regions and the main competitors in the market. The report contains unbiased opinions of industry experts on the current market scenario, past performance of the market, production and consumption rates, supply and demand ratio and generation forecast. income over the estimated period. The financial positions of key players, along with their gross profit, sales volume, sales revenue, manufacturing cost, and other financial ratios, have been accurately assessed in the report.
Report Highlights:
The video and image recognition segment is expected to lead in terms of revenue during the forecast period owing to the increasing adoption of advanced artificial intelligence software for video and image recognition in various sectors.
The video surveillance segment is expected to lead in terms of revenue during the forecast period owing to the increasing adoption of advanced artificial intelligence software for video surveillance to improve monitoring and tracking while reducing the amount of data transferred to the cloud.
The telecommunications segment is expected to lead in terms of revenue during the forecast period owing to the increasing adoption of cutting-edge artificial intelligence software among telecommunications companies to manage mobile-generated data for business processes. commercial.
Factors such as increase in strategic alliances among major IT companies to develop cutting-edge advanced AI software in North American countries are expected to drive the market growth in the region over the forecast period.
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The global Artificial Intelligence Edge market is broadly segmented on the basis of various product types, range of applications, end-use industries, key regions, and fiercely competitive landscape. This section of the report is only intended for readers who seek to strategically select the most suitable and lucrative segments of the Edge Artificial Intelligence industry. Segmental analysis also helps companies interested in this industry to make optimal business decisions and achieve desired goals.
Emergen Research has segmented the global advanced AI software market on the basis of component, data source, application, end-use, and region:
Components Outlook (Revenue, USD Million; 2018-2028)
Services
Solutions
Data Source Outlook (Revenue, USD Million; 2018-2028)
Mobile data
Biometric data
Video and image recognition
Sensor data
Speech recognition
Application Outlook (Revenue, USD Million; 2018-2028)
Video surveillance
Telemetry
Autonomous vehicles
Remote monitoring
Field support
Energy management
Smart wearables
Precision farming
Predictive maintenance
Access management
Points of sale
Augmented Reality & Virtual Reality
Others
End-Use Outlook (Revenue, USD Million; 2018-2028)
Manufacturing
Government
BFSI
Health care
Detail
Telecom
Media and entertainment
Energy and Utilities
Automotive
Others
The regional bifurcation of the Artificial Intelligence Edge market includes:
North America (USA, Canada)
Europe (UK, Italy, Germany, France, Rest of EU)
Asia-Pacific (India, Japan, China, South Korea, Australia, rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, United Arab Emirates, South Africa, Rest of MEA)
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Key questions answered by the report:
Which region is expected to dominate the market in the coming years?
What are the recent technological and product advancements in the market?
What are the key strategies adopted by the leading players in the Edge Artificial Intelligence market?
What are the major product types and applications of Artificial Intelligence Edge industry?
What is the result of the SWOT analysis and Porter’s five forces analysis?
What is the Competitive Landscape of the Edge Artificial Intelligence Market?
Who are the major players in the industry?
What is the growth rate of the industry in the coming years?
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Edge Artificial Intelligence (AI) Software Market Size Worth USD 2,519.3 Million in 2028
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