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Report Description:
Demand Scenario
The global edge analytics market was USD 2 billion in 2017 and is estimated to reach
USD 10 billion by 2023 at a CAGR of 28 % during the forecast period.
*Average figures are taken*
Growth by Region
Increased usage of Internet of Things (IoT), rapid growth in the data availability through
connected devices, scalability, and cost optimization are the factors driving the growth
of Global Edge Analytics Market. However, factors such as safety and security issues
and lack of universally accepted standards are hindering the market.
Industry Structure and Updates
In September 2017 Altran, a French Engineering solutions and consulting company for
increasing its market in India attempted to acquire Golden Edge, an Indian-based
software solutions firm.