Edge analytics is defined as the analysis of data gathered from a non-central point in a system, such as a sensor, network switch, or peripheral node. Analysis in big data analytics is performed in centralized ways through big data centers, central depository, or Hadoop clusters. The principle behind edge analytics is that the analysts gather data directly from active devices eliminating the need to send the entire data to a central warehouse, thereby saving time and resources. Analytic algorithms designed at the edge of a corporate network decide which information is worth sending to the cloud or central data storage depository for later use. In a number of industries, such as mining, oil and gas, renewable energy, telecom and manufacturing, data transmission from industrial equipment, machines, and other remote devices connected to the Internet of things (IoT) burdens operational data, which can be difficult and expensive to manage. Edge analytics devices are gaining popularity across a number of industries due to the necessity to act on data in real-time, which is close to the source, in order to ensure continuous operation of devices and sensors.
Get Sample Copy:
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=50994
The edge analytics solutions are primarily responsible for collecting, cleansing, integrating, and filtering data from sensors and devices. System scalability, cost optimization, and increase in penetration of smart connected devices are some key drivers of the edge analytics market. Development of new technologies, such as machine learning, visualization and Internet of Everything (IoE), which connect devices from retail cameras to the Internet and industrial sensors to wearable create opportunity in the edge analytics market. Users can make important decisions quickly with the help of IoE by predicting the future outcomes after analyzing present data based on previously available data. Providing analytics to the edge of the network requires new network management capabilities, processing requirements, and data flows. The main restraint for the market is lack of efficient real-time algorithms, which can process real-time data and serve real-time applications.
The global edge analytics market can be segmented based on component, type, deployment model, end-use industry, and region. Based on component, the edge analytics market can be bifurcated into solutions and services. In terms of type, the edge analytics market can be segregated into diagnostic analytics, descriptive analytics, predictive analytics, and prescriptive analytics. Based on deployment model, the edge analytics market can be divided into on-premise and on-cloud. In terms of end-use industry, the edge analytics market can be categorized into health care and life sciences, banking financial services and insurance (BFSI), media & entertainment, energy & utility, manufacturing, transportation & logistics, retail & consumer goods, IT & telecommunication, government & defense, travel & hospitality, and others. In terms of region, the edge analytics market can be divided into North America, Asia Pacific, Europe, Middle East & Africa, and South America. Proliferation of various mobile devices in the North America is expected to drive the edge analytics market in the region during the forecast period. Furthermore, growing adoption of wireless mobile communications technologies, such as 3G and 4G, is expected to fuel the edge analytics market in Asia Pacific during the forecast period.
Grab an exclusive PDF Brochure of this report:
https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=50994
Key players operating in the global edge analytics market include Cisco Systems Inc., Oracle Corporation, SAP SE, Apigee Corporation, SAS Institute Inc., AGT International Inc., PrismTech Corporation, Greenwave Systems, CGI Group Inc., Dell Technologies Inc, Foghorn Systems, PrismTech Corporation, Equinix, Inc., and Intel Corporation.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers’ or customers’ journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Request For Customization:
https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=50994
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Europe
- Latin America
- The Middle East and Africa
Read Our Latest Press Release:
About Us
Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.
Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through ad-hoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.
Contact
Transparency Market Research State Tower,
90 State Street,
Suite 700,
Albany NY – 12207
United States
USA – Canada Toll Free: 866-552-3453
Email: [email protected]
