Edge AI Software Market Trends, Major Players, Production, Current Size and Consumption Figures With Forecast to 2028

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Artificial Intelligence (AI) Software Market Size dge – USD 585.1 Million in 2020, Market Growth – at a CAGR of 20.1%

VANCOUER, BC, CANADA, Jan 6, 2022 /EINPresswire.com/ – The global 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 to the world and the increasing demand for real-time operations, which are crucial for robotics and autonomous vehicles.

Some niche products and services considered to be income generating are also included in the report. Concerns about the privacy and security of artificial intelligence software are expected to hamper the growth of the global artificial intelligence software market to some extent during the forecast period. Apart from this, a wide range of products from various segments and sub-segments which are expected to present greater opportunities in the Edge Artificial Intelligence (AI) Software Market industry are discussed in the document. The development of new products and substitutes which will completely transform the market dynamics during the forecast period occupies a special section of the report.

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Solutions segment revenue is expected to increase at a significant CAGR during the forecast period. The increasing adoption of cutting-edge AI software in various industries due to the high flexibility and support provided by cutting-edge AI solutions is expected to drive the revenue growth of this segment in the future.
The video and image recognition segment is expected to dominate 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 industries.
The CCTV segment is expected to dominate in terms of revenue during the forecast period owing to the increasing adoption of advanced artificial intelligence software for CCTV to improve surveillance and tracking while decreasing the quantity of data transferred to the cloud.
Featured Companies in Global Edge Artificial Intelligence (AI) Software Market:

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.

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Scope of the report:

This study takes a closer look at the different growth trends, future prospects, industrial revenue performance, market shares and regulations that will standardize the industry in the near future; it would help business owners strategically assess their micro markets. The researchers behind the study included some key market players and assessed their industry shares, milestones achieved as well as foundational skills. Resource charts, tables, and graphic images are included to make critical statistics self-explanatory.

Global Edge Artificial Intelligence (AI) Software Market Segmented:

Components Outlook (Revenue, USD Million; 2018-2028)

Data Source Outlook (Revenue, USD Million; 2018-2028)
Mobile data
Biometric data
Video and image recognition
Sensor data
Speech recognition

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Application Outlook (Revenue, USD Million; 2018-2028)
Video surveillance
Autonomous vehicles
Remote monitoring
Technical assistance in the field
Energy management
Smart wearable devices
Precision agriculture
Predictive maintenance
Access management
Points of sale
Augmented reality and virtual reality

Major regions include North America, Latin America, Europe, Asia-Pacific, Middle East, and Africa. The report studies the market in these regions on the basis of demand and trends, consumer behavior and preferences, government initiatives and regulatory framework, economic growth, technological developments, supply and demand. demand, production and consumption models, import / export and the presence of key players in each region.

Answers to key questions

What is the most important sub-segment in each segment of the scope of the study?
What are the attractive segments and geographic areas in which to invest?
What are the macroeconomic indicators impacting the dynamics of the country?
Who are the major players present in each region and their key strategies?
What is the market value of the overall Edge artificial intelligence (AI) software market and its segments?
How much is the Edge Artificial Intelligence (AI) Software market worth and volume at the regional and country level?
What are the key segments and sub-segments of the Edge artificial intelligence (AI) software market?
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Chapter 1 includes an introduction of the Global Artificial Intelligence (AI) Edge Software Market, along with a comprehensive market overview, market scope, product offerings, and survey of market drivers, opportunities for growth, risks, constraints and other vital factors.

Chapter 2 provides an in-depth analysis of the major manufacturers engaged in this business vertical along with their sales and revenue estimates.

Chapter 3 details the highly competitive terrain of the market, highlighting key manufacturers and suppliers.

In Chapter 4, our team fragmented the market based on regions, highlighting the sales, revenue and market share of each region during the forecast period.

Chapters 5 and 6 focused on market segmentation on the basis of product type and application

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Please contact us to learn more about the report or to request report customization. Our team will make sure the report is best suited to your needs.

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Emerging research
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