The Edge AI Software Market is projected to reach USD 6.85 billion by 2033, up from USD 1.14 billion in 2023, expanding at a compound annual growth rate (CAGR) of 30.24% over the forecast period. This market encompasses software applications and platforms designed to run Artificial Intelligence (AI) algorithms on edge computing devices. Unlike traditional computing, edge computing processes data closer to its source—such as IoT devices—rather than relying on centralized cloud servers. Edge AI software includes frameworks, libraries, and development tools that optimize AI algorithms for edge devices, improving their performance, efficiency, and real-time responsiveness. This technology is pivotal in driving advancements in autonomous vehicles, smart cities, and industrial automation, among other areas.
The latest research report by Evolve Business Intelligence explores the various factors influencing the global market. It includes an analysis of the current market size, forecasts for key segments and regions, and the driving forces behind market growth. The report examines the potential impacts of key trends on business strategies and provides a SWOT analysis of critical sectors for each major competitor and customer group. This valuable data highlights the conglomerates likely to impact the industry, crucial for any company planning to invest strategically over the next five years. These insights complement our initial quantitative study, aiding in new investments and strategic planning to mitigate threats in existing sectors.
Segments covered
By Component (Solution, Services)
By Data Source (Video and Image Recognition, Speech Recognition, Biometric Data, Sensor Data, Others)
By Application (Autonomous Vehicles, Access Management, Video Surveillance, Remote Monitoring And Predictive Maintenance, Telemetry, Energy Management, Others)
By End User (Government and Public, Manufacturing, Energy and Utilities, Automotive, Telecom, Healthcare, Others)
Key players
Alphabet Inc.
Microsoft Corporation
IBM Corporation
AI Inc.
Nutanix
Veea Inc.
Imagimob AB
Reality Analytics Inc.
Bragi
TIBCO Software Inc.
- CHAPTER 1. Executive Summary
- CHAPTER 2. Scope of the Study
- 2.1. Market Definition
- 2.2. Market Scope & Segmentation
- 2.2.1. Objective of Report
- CHAPTER 3. Evolve BI Methodology
- 3.1. Data Collection & Validation Approach
- 3.2. Market Size Estimation and Forecast
- CHAPTER 4. Exclusive Analysis
- 4.1. Market Opportunity Score
- 4.1.1. Component Segement – Market Opportunity Score
- 4.1.2. Data Source Segment – Market Opportunity Score
- 4.1.3. Application Segment – Market Opportunity Score
- 4.1.4. End User Segment – Market Opportunity Score
- 4.2. Key Market Influencing Indicators
- CHAPTER 5. Market Insights and Trends
- 5.1. Value Chain Analysis
- 5.1.1. Raw Material
- 5.1.2. Manufacturing Process
- 5.1.3. Distribution Channel
- 5.1.4. End User
- 5.2. Porter’s Five Forces Analysis
- 5.2.1. Bargaining Power of Buyers
- 5.2.2. Bargaining Power of Suppliers
- 5.2.3. Threat of New Entrant
- 5.2.4. Threat of Substitute
- 5.2.5. Industry Rivalry
- 5.3. COVID-19 Impact and Post COVID Scenario on Edge AI Software Market
- 5.3.1. Impact of COVID-19
- 5.3.2. Government Support and Industry Revival Policies
- 5.3.3. Measures Taken by Companies to Mitigate Negative Impact
- 5.3.4. Post COVID Trend
- CHAPTER 6. MArket Dynamics
- 6.1. Introduction
- 6.2. Drivers
- 6.2.1. Driver 1
- 6.2.2. Driver 2
- 6.2.3. Driver 3
- 6.3. Restraints
- 6.3.1. Restraint 1
- 6.3.2. Restraint 2
- 6.4. Opportunity
- 6.4.1. Opportunity 1
- CHAPTER 7. Edge AI Software Market, By Component
- 7.1. Introduction
- 7.1.1. Solution
- 7.1.2. Servicess
- CHAPTER 8. Edge AI Software Market, By Data Source
- 8.1. Introduction
- 8.1.1. Video and Image Recognition
- 8.1.2. Speech Recognition
- 8.1.3. Biometric Data
- 8.1.4. Sensor Data
- 8.1.5 Otherss
- CHAPTER 9. Edge AI Software Market, By Application
- 9.1. Introduction
- 9.1.1. Autonomous Vehicles
- 9.1.2. Access Management
- 9.1.3 Vid*eo Surveillance
- 9.1.4 Remote Monitoring And Predictive Maintenance
- 9.1.5 Telemetry
- 9.1.6 Energy Management
- 9.1.7 Others
- CHAPTER 10. Edge AI Software Market, By End User
- 10.1.Introduction
- 10.1.1. Manufacturing
- 10.1.2. Energy & Utility
- 10.1.3. Telecomm
- 10.1.4. Automotive
- 10.1.5. Government and Public
- 10.1.6 Healthcare
- 10.1.7 Others
- CHAPTER 11. Edge AI Software Market, By Region
- 11.1. Introduction
- 11.2. NORTH AMERICA
- 11.2.1. North America: Market Size and Forecast, By Country, 2023 – 2033 ($ Million)
- 11.2.2. North America: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
- 11.2.3. North America: Market Size and Forecast, By Data Source, 2023 – 2033 ($ Million)
- 11.2.4. North America: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.2.5. North America: Market Size and Forecast, By End User, 2023 – 2033 ($ Million)
- 11.2.6. US
- 11.2.6.1. US: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
- 11.2.6.2. US: Market Size and Forecast, By Data Source, 2023 – 2033 ($ Million)
- 11.2.6.3. US: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.2.6.4. US: Market Size and Forecast, By End User, 2023 – 2033 ($ Million)
- 11.2.7. CANADA
- 11.2.7.1. Canada: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
- 11.2.7.2. Canada: Market Size and Forecast, By Data Source, 2023 – 2033 ($ Million)
- 11.2.7.3. Canada: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.2.7.4. Canada: Market Size and Forecast, By End User, 2023 – 2033 ($ Million)
- 11.2.8. MEXICO
- 11.2.8.1. Mexico: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
- 11.2.8.2. Mexico: Market Size and Forecast, By Data Source, 2023 – 2033 ($ Million)
- 11.2.8.3. Mexico: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.2.8.4. Mexico: Market Size and Forecast, By End User, 2023 – 2033 ($ Million)
- 11.3. Europe
- 11.3.1. Europe: Market Size and Forecast, By Country, 2023 – 2033 ($ Million)
- 11.3.2. Europe: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
- 11.3.3. Europe: Market Size and Forecast, By Data Source, 2023 – 2033 ($ Million)
- 11.3.4. Europe: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.3.5. Europe: Market Size and Forecast, By End User, 2023 – 2033 ($ Million)
- 11.3.6. U.K.
- 11.3.6.1. U.K.: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
- 11.3.6.2. U.K.: Market Size and Forecast, By Data Source, 2023 – 2033 ($ Million)
- 11.3.6.3. U.K.: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.3.6.4. U.K.: Market Size and Forecast, By End User, 2023 – 2033 ($ Million)
- 11.3.7. GERMANY
- 11.3.7.1. Germany: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
- 11.3.7.2. Germany: Market Size and Forecast, By Data Source, 2023 – 2033 ($ Million)
- 11.3.7.3. Germany: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.3.7.4. Germany: Market Size and Forecast, By End User, 2023 – 2033 ($ Million)
- 11.3.8. FRANCE
- 11.3.8.1. France: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
- 11.3.8.2. France: Market Size and Forecast, By Data Source, 2023 – 2033 ($ Million)
- 11.3.8.3. France: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.3.8.4. France: Market Size and Forecast, By End User, 2023 – 2033 ($ Million)
- 11.3.9. ITALY
- 11.3.9.1. Italy: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
- 11.3.9.2. Italy: Market Size and Forecast, By Data Source, 2023 – 2033 ($ Million)
- 11.3.9.3. Italy: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.3.9.4. Italy: Market Size and Forecast, By End User, 2023 – 2033 ($ Million)
- 11.3.10. SPAIN
- 11.3.10.1. Spain: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
- 11.3.10.2. Spain: Market Size and Forecast, By Data Source, 2023 – 2033 ($ Million)
- 11.3.10.3. Spain: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.3.10.4. Spain: Market Size and Forecast, By End User, 2023 – 2033 ($ Million)
- 11.3.11. BENELUX
- 11.3.11.1. BeNeLux: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
- 11.3.11.2. BeNeLux: Market Size and Forecast, By Data Source, 2023 – 2033 ($ Million)
- 11.3.11.3. BeNeLux: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.3.11.4. BeNeLux: Market Size and Forecast, By End User, 2023 – 2033 ($ Million)
- 11.3.12. RUSSIA
- 11.3.12.1. Russia: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
- 11.3.12.2. Russia: Market Size and Forecast, By Data Source, 2023 – 2033 ($ Million)
- 11.3.12.3. Russia: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.3.12.4. Russia: Market Size and Forecast, By End User, 2023 – 2033 ($ Million)
- 11.3.13. REST OF EUROPE
- 11.3.13.1. Rest of Europe: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
- 11.3.13.2. Rest of Europe: Market Size and Forecast, By Data Source, 2023 – 2033 ($ Million)
- 11.3.13.3. Rest of Europe: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.3.13.4. Rest of Europe: Market Size and Forecast, By End User, 2023 – 2033 ($ Million)
- 11.4. Asia Pacific
- 11.4.1. Asia Pacific: Market Size and Forecast, By Country, 2023 – 2033 ($ Million)
- 11.4.2. Asia Pacific: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
- 11.4.3. Asia Pacific: Market Size and Forecast, By Data Source, 2023 – 2033 ($ Million)
- 11.4.4. Asia Pacific: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.4.5. Asia Pacific: Market Size and Forecast, By End User, 2023 – 2033 ($ Million)
- 11.4.6. CHINA
- 11.4.6.1. China: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
- 11.4.6.2. China: Market Size and Forecast, By Data Source, 2023 – 2033 ($ Million)
- 11.4.6.3. China: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.4.6.4. China: Market Size and Forecast, By End User, 2023 – 2033 ($ Million)
- 11.4.7. JAPAN
- 11.4.7.1. Japan: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
- 11.4.7.2. Japan: Market Size and Forecast, By Data Source, 2023 – 2033 ($ Million)
- 11.4.7.3. Japan: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.4.7.4. Japan: Market Size and Forecast, By End User, 2023 – 2033 ($ Million)
- 11.4.8. INDIA
- 11.4.8.1. India: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
- 11.4.8.2. India: Market Size and Forecast, By Data Source, 2023 – 2033 ($ Million)
- 11.4.8.3. India: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.4.8.4. India: Market Size and Forecast, By End User, 2023 – 2033 ($ Million)
- 11.4.9. SOUTH KOREA
- 11.4.9.1. South Korea: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
- 11.4.9.2. South Korea: Market Size and Forecast, By Data Source, 2023 – 2033 ($ Million)
- 11.4.9.3. South Korea: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.4.9.4. South Korea: Market Size and Forecast, By End User, 2023 – 2033 ($ Million)
- 11.4.10. THAILAND
- 11.4.10.1. Thailand: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
- 11.4.10.2. Thailand: Market Size and Forecast, By Data Source, 2023 – 2033 ($ Million)
- 11.4.10.3. Thailand: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.4.10.4. Thailand: Market Size and Forecast, By End User, 2023 – 2033 ($ Million)
- 11.4.11. INDONESIA
- 11.4.11.1. Indonesia: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
- 11.4.11.2. Indonesia: Market Size and Forecast, By Data Source, 2023 – 2033 ($ Million)
- 11.4.11.3. Indonesia: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.4.11.4. Indonesia: Market Size and Forecast, By End User, 2023 – 2033 ($ Million)
- 11.4.12. MALAYSIA
- 11.4.12.1. Malaysia: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
- 11.4.12.2. Malaysia: Market Size and Forecast, By Data Source, 2023 – 2033 ($ Million)
- 11.4.12.3. Malaysia: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.4.12.4. Malaysia: Market Size and Forecast, By End User, 2023 – 2033 ($ Million)
- 11.4.13. AUSTRALIA
- 11.4.13.1. Australia: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
- 11.4.13.2. Australia: Market Size and Forecast, By Data Source, 2023 – 2033 ($ Million)
- 11.4.13.3. Australia: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.4.13.4. Australia: Market Size and Forecast, By End User, 2023 – 2033 ($ Million)
- 11.4.14. REST FO ASIA PACIFIC
- 11.4.14.1. Rest fo Asia Pacific: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
- 11.4.14.2. Rest fo Asia Pacific: Market Size and Forecast, By Data Source, 2023 – 2033 ($ Million)
- 11.4.14.3. Rest fo Asia Pacific: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.4.14.4. Rest fo Asia Pacific: Market Size and Forecast, By End User, 2023 – 2033 ($ Million)
- 11.5. South America
- 11.5.1. South America: Market Size and Forecast, By Country, 2023 – 2033 ($ Million)
- 11.5.2. South America: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
- 11.5.3. South America: Market Size and Forecast, By Data Source, 2023 – 2033 ($ Million)
- 11.5.4. South America: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.5.5. South America: Market Size and Forecast, By End User, 2023 – 2033 ($ Million)
- 11.5.6. BRAZIL
- 11.5.6.1. Brazil: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
- 11.5.6.2. Brazil: Market Size and Forecast, By Data Source, 2023 – 2033 ($ Million)
- 11.5.6.3. Brazil: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.5.6.4. Brazil: Market Size and Forecast, By End User, 2023 – 2033 ($ Million)
- 11.5.7. ARGENTINA
- 11.5.7.1. Argentina: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
- 11.5.7.2. Argentina: Market Size and Forecast, By Data Source, 2023 – 2033 ($ Million)
- 11.5.7.3. Argentina: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.5.7.4. Argentina: Market Size and Forecast, By End User, 2023 – 2033 ($ Million)
- 11.5.8. REST OF SOUTH AMERICA
- 11.5.8.1. Rest of South America: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
- 11.5.8.2. Rest of South America: Market Size and Forecast, By Data Source, 2023 – 2033 ($ Million)
- 11.5.8.3. Rest of South America: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.5.8.4. Rest of South America: Market Size and Forecast, By End User, 2023 – 2033 ($ Million)
- 11.6. Middle East & Africa
- 11.6.1. Middle East & Africa: Market Size and Forecast, By Country, 2023 – 2033 ($ Million)
- 11.6.2. Middle East & Africa: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
- 11.6.3. Middle East & Africa: Market Size and Forecast, By Data Source, 2023 – 2033 ($ Million)
- 11.6.4. Middle East & Africa: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.6.5. Middle East & Africa: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
- 11.6.6. SAUDI ARABIA
- 11.6.6.1. Saudi Arabia: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
- 11.6.6.2. Saudi Arabia: Market Size and Forecast, By Data Source, 2023 – 2033 ($ Million)
- 11.6.6.3. Saudi Arabia: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.6.6.4. Saudi Arabia: Market Size and Forecast, By End User, 2023 – 2033 ($ Million)
- 11.6.7. UAE
- 11.6.7.1. UAE: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
- 11.6.7.2. UAE: Market Size and Forecast, By Data Source, 2023 – 2033 ($ Million)
- 11.6.7.3. UAE: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.6.7.4. UAE: Market Size and Forecast, By End User, 2023 – 2033 ($ Million)
- 11.6.8. EGYPT
- 11.6.8.1. Egypt: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
- 11.6.8.2. Egypt: Market Size and Forecast, By Data Source, 2023 – 2033 ($ Million)
- 11.6.8.3. Egypt: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.6.8.4. Egypt: Market Size and Forecast, By End User, 2023 – 2033 ($ Million)
- 11.6.9. SOUTH AFRICA
- 11.6.9.1. South Africa: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
- 11.6.9.2. South Africa: Market Size and Forecast, By Data Source, 2023 – 2033 ($ Million)
- 11.6.9.3. South Africa: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.6.9.4. South Africa: Market Size and Forecast, By End User, 2023 – 2033 ($ Million)
- 11.6.10. REST OF MIDDLE EAST & AFRICA
- 11.6.10.1. Rest of Middle East & Africa: Market Size and Forecast, By Component, 2023 – 2033 ($ Million)
- 11.6.10.2. Rest of Middle East & Africa: Market Size and Forecast, By Data Source, 2023 – 2033 ($ Million)
- 11.6.10.3. Rest of Middle East & Africa: Market Size and Forecast, By Application, 2023 – 2033 ($ Million)
- 11.6.10.4. Rest of Middle East & Africa: Market Size and Forecast, By End User, 2023 – 2033 ($ Million)
- CHAPTER 12. Competitive Landscape
- 12.1. Competitior Benchmarking 2023
- 12.2. Market Share Analysis
- 12.3. Key Developments Analysis By Top 5 Companies
- 12.4. Market Share Acquisition Strategies: Analysis of Key Approaches Employed by Top Players
- CHAPTER 13. Company Profiles
- 13.1. Alphabet Inc.
- 13.1.1. Business Overview
- 13.1.2. Financial Analysis
- 13.1.2.1. Business Segment Revenue, 2018, 2019, 2020, $ Million
- 13.1.2.2. Geographic Revenue Mix, 2020 (% Share)
- 13.1.3. Product Portfolio
- 13.1.4. Recent Development and Strategies Adopted
- 13.1.5. SWOT Analysis
- 13.2. Microsoft Corporation
- 13.3. IBM Corporation
- 13.4. AI Inc.
- 13.5. Nutanix
- 13.6. Veea Inc.
- 13.7. Imagimob AB
- 13.8. Reality Analytics Inc.
- 13.9. Bragi
- 13.10. TIBCO Software Inc
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