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Edge Analytics Market Expected to Reach $10,025 Million by 2023

According to a new report published by Allied Market Research, titled, Edge Analytics Market by Solution, Type, Deployment Model and Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2017-2023, the global edge analytics market was valued at $1,726 million in 2016, and is projected to reach $10,025 million by 2023, growing at a CAGR of 29.2% from 2017 to 2023.

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Edge Analytics Market Expected to Reach $10,025 Million by 2023

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  1. Opportunity Analysis and Industry Forecast, 2016-2023 GlobalEdgeAnalyticsMarket Industry Analysis and Forecast 2023 Global Opportunity Analysis and Industry Forecast, 2016-2023

  2. Opportunity Analysis and Industry Forecast, 2016-2023 “Prescriptive analytics is expected to witness the highest growth rate during the forecast period, owing to result oriented modeling on data outcome from historical and predicative analytics. Moreover, increase in demand for edge analytics due to enhanced uptime, reliability, alarm monitoring, and active notifications are anticipated to drive the edge analytics market among enterprises”. SoumyaSwarupSahooResearch Analysts, ICT at AMR. Global Opportunity Analysis and Industry Forecast, 2016-2023

  3. EdgeAnalyticsMarket Edge Analytics Market by Solution, Type, Deployment Model and Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2017-2023, the global edge analytics market was valued at $1,726 million in 2016, and is projected to reach $10,025 million by 2023, growing at a CAGR of 29.2% from 2017 to 2023. The manufacturing market in the industry vertical segment has witnessed high demand in the global edge analytics market in 2016 due to increase in smart automation process at the production site and predictive analysis of the production cycle. In addition, reduced investment for new hardware and pay-as-you-go deployment model in cloud deployment are expected to fuel the market growth in the near future.  Request to sample- https://www.alliedmarketresearch.com/request-sample/2989

  4. EdgeAnalyticsMarket Key Findings of the Edge Analytics Market: The cloud deployment model accounted for the highest share of the global market in 2016, growing at a CAGR of 29.8% from 2017 to 2023. North America generated the highest revenue in 2016, valued at $856 million. The service segment dominated the global edge analytics market, in terms of growth, during the forecast period. The U.S. dominated the global market in 2016. In addition, Canada, China, UK, Australia, Japan, and the other emerging markets are anticipated to provide significant opportunities for major players.

  5. EdgeAnalyticsMarket • By Geography • North America • U.S. • Canada • Mexico • Europe • UK • France • Germany • Rest of Europe • Asia-Pacific • China • Japan • India • South Korea • Rest of Asia-Pacific • LAMEA • Latin America • Middle East • Arica

  6. EdgeAnalyticsMarket Thank You! For More Details Visit us at https://www.alliedmarketresearch.com/edge-analytics-market Follow Us On

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