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Edge Analytics Market is expected to grow USD 11 Billion at a Robust CAGR of 31% by 2017-2023 | Market Analysis by Growth, Demand, Business Trends, COVID-19 Impact
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Telecom Application Programming Interface (API) Platform Market Research 2020: Global Size, Growth, Trends, Outlook and Future Scope Analysis
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Curse of Network Latency Lifted. Edge Computing to Bypass Cloud With a $31.4 Billion Opportunity
The global market for Edge Analytics is expected to spike by 35.2% in the year 2020 and thereafter will continue to grow and reach US$31.4 billion by the year 2027, trailing a post COVID-19 CAGR of 28.2% over the analysis period 2020 through 2027.
While the COVID-19 pandemic has affected the global economy at all levels, the IT industry is also confronting challenges due to the crisis. Public and private sectors will prioritize investments in technologies that enable safe remote operations such as automation, cybersecurity, cloud, AI & IoT. With strict social distancing regulations and movement restrictions in place, companies are feeling the need for digital technologies to remain operational and agile amidst this emergency situation.