Powering the Future: Edge AI Software Solutions Industry | IBM, Microsoft, Intel, Google
The latest study released on the Global Edge AI Software Solutions Market evaluates market size, trend, and forecast to 2029. The Edge AI Software Solutions market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.
The Global Edge AI Software Solutions Market size, is projected to grow from USD 0.7 billion in 2023 to USD 3.0 billion by 2029, at a compound annual growth rate (CAGR) of 28.8% during the forecast period.
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Key Players in This Report Include: IBM, Microsoft, Intel, Google, TIBCO, Cloudera, Nutanix, Foghorn Systems, SWIM.AI, Anagog, Tact.ai, Bragi, XNOR.AI, Octonion, Veea Inc, Imagimob.
Recent Developments:
– In May 2022, Microsoft and Meta extended the ongoing AI partnership, with Meta selecting Azure as “a strategic cloud provider” to accelerate its own AI research and development. Microsoft and Meta—when it was still known as Facebook—announced the ONNX (Open Neural Network Exchange) format in 2017 to enable developers to move deep-learning models between different AI frameworks. Microsoft open-sourced the ONNX Runtime, the inference engine for models in the ONNX format, in 2018. Meta officials have been using Azure to accelerate research & development across the Meta AI group. Meta plays to use a dedicated Azure cluster of 5400 GPUs using the latest virtual machine (VM) series in Azure.
–Nutanix, a leader in hybrid multicloud computing, announced the global availability of the simplified product portfolio to align with rapidly evolving customer requirements. The Nutanix Cloud Platform delivers a consistent operating model across all types of clouds: public, private, and hybrid. With this launch, the company has further streamlined customers’ digital transformations by delivering an easy-to-consume set of solutions.
-July 2022: IBM Corporation acquired Databand.ai, a provider of data observability software, to strengthen its product portfolio. IBM Corporation expanded its software portfolio across data, automation, and artificial intelligence to ensure businesses with reliable data.
-May 2022: Google LLC selected ASUS IoT to help measure the distribution, manufacturing, and support of its Coral edge AI platform. ASUS IoT has become the primary channel for sales, support, and distribution of the Coral platform, aiding businesses in achieving AI-driven solutions.
The global Edge AI Software Solutions Market segments and Market Data Break Down are illuminated below:
Edge AI Software Solutions Market Segments by Type:
Platform and Software ools
Services
Edge AI Software Solutions Market Segments by Application:
Autonomous Vehicles
Access Management
Video Surveillance
Others
The future outlook for the Edge AI software solutions industry
The Edge AI software solutions industry is expected to continue growing in the future, with increasing demand for real-time processing, improved efficiency, enhanced privacy and security, and autonomous operation in various industries. Advancements in edge computing technologies, hardware capabilities, and AI algorithms are expected to further drive the adoption of Edge AI solutions. However, challenges related to computing resources, varied edge environments, data privacy, and deployment management are likely to continue being areas of focus for the industry. Continued research, innovation, and collaboration among stakeholders, including technology providers, businesses, and policymakers, will play a crucial role in shaping the
Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
– Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
– North America (United States, Mexico & Canada)
– South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
– Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
– Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
Objectives of the Report
-To carefully analyze and forecast the size of the Edge AI Software Solutions market by value and volume.
-To estimate the market shares of major segments of the Edge AI Software Solutions
-To showcase the development of the Edge AI Software Solutions market in different parts of the world.
-To analyze and study micro-markets in terms of their contributions to the Edge AI Software Solutions market, their prospects, and individual growth trends.
-To offer precise and useful details about factors affecting the growth of the Edge AI Software Solutions
-To provide a meticulous assessment of crucial business strategies used by leading companies operating in the Edge AI Software Solutions market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.
Browse Complete Summary and Table of Content:
Table of content:
Chapter 1: Edge AI Software Solutions Market Overview
Chapter 2: global Economic Impact on Industry
Chapter 3: global Market Competition by key players
Chapter 4: global Production, Revenue (Value) by Region
Chapter 5: global Supply (Production), Consumption, Export, Import by Regions
Chapter 6: global Production, Revenue (Value), Price Trend by Type
Chapter 7: global Market Analysis by Application
Chapter 8: Manufacturing Cost Analysis
Chapter 9: Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10: Marketing Strategy Analysis, Distributors/Traders
Chapter 11: Market Effect Factors Analysis
Chapter 12: Global Edge AI Software Solutions Market Forecast
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– Uncertainty about the Edge AI Software Solutions market future: Our research and insights help our customers predict the upcoming revenue pockets and growth areas.
– Understanding market sentiments: It is very important to have a fair understanding of market sentiment for your strategy. Our insights will help you see every single eye on Edge AI Software Solutions market sentiment. We maintain this analysis by working with key opinion leaders on the value chain of each industry we track.
– Understanding the most reliable investment center: Our research evaluates investment centers in the market, taking into account future demand, profits, and returns. Clients can focus on the most prestigious investment centers through Edge AI Software Solutions market research.
– Evaluating potential business partners: Our research and insights help our clients in identifying compatible business partners.
We offer customization on report based on customer’s specific requirement:
– country-level analysis for the 5 countries of your choice.
– competitive analysis of 5 key market players.
– 40 free analyst hours to cover any other data point.
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