Global edge AI software market is expected to witness a noteworthy growth during the forecast period, 2019-2027. Solution sub-segment is expected to be the most lucrative. Video & image sub-segment is expected to be the most profitable. Autonomous vehicles sub-segment is expected to be the most beneficial. North America is expected to lead the market.
New York, USA, Aug. 02, 2021 (GLOBE NEWSWIRE) — According to a report published by Research Dive, the global edge AI software market is anticipated to generate a revenue of $3,093.2 million at a CAGR of 28.8% during the analysis period, rising from $435.9 million in 2019.
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The inclusive report provides a brief overview of the current scenario of the market including significant aspects of the market such as growth factors, challenges, restraints, and various opportunities during the forecast period. The report also provides all the market figures making it easier and helpful for the new participants to understand the market.
Dynamics of the Market
Drivers: The rising demand for Edge AI software in the telecom sector is expected to enhance the growth of the market. This is because of the benefits of the Edge AI software such as contextual push intelligence, 360 insight capability across the connected systems, availability of productivity tools in one place, and others. Moreover, Edge AI software is used for…