The North America Edge AI Software Market would witness market growth of 26.5% CAGR during the forecast period (2022-2028).
Edge AI is a technology that employs machine learning methods to process data produced locally by hardware devices. It alludes to AI algorithms that are suggested locally on hardware devices and make use of locally produced data. Prior to transferring the results to the cloud to be processed and stored, they just save results locally on the devices. The speed of edge AI is one of its biggest benefits.
Integrating smart devices and functionality can provide AI at the edge for insights and also detect issues. With the help of edge AI, smart devices can now support a wide range of industries. With additional security features, edge AI-powered devices also provide a high level of safety and security, lowering the risk. For an enhanced user experience, edge AI also cuts expenses and delays. You may interact in real-time and make payments thanks to the integration of technologies that are really user-centered.
The healthcare system in North America is well-established and is expected to adopt a range of cutting-edge technologies in the coming years. The official estimates of total healthcare spending in the USA are determined by the National Health Expenditure Accounts. On the portal of the Centers for Medicare & Medicaid Services, you can find these estimations (NHEA).
The US market dominated the North America Edge AI Software Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,054.4 million by 2028.The Canada market is poised to grow at a CAGR of 29.4% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 28.2% during (2022 - 2028).
Based on Component, the market is segmented into Solution and Services. Based on Data Source, the market is segmented into Video & Image Recognition, Speech Recognition, Mobile Data, Sensor Data and Iris & Facial Data. Based on Deployment Mode, the market is segmented into On-premises and Cloud. Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium Enterprises (SMEs). Based on Vertical, the market is segmented into Telecom, Government & Public Sector, Manufacturing, Energy & Utilities, Travel & Hospitality, Media & Entertainment, Healthcare & Life Sciences and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Edge AI Software Market is Predict to reach $3.8 Billion by 2028, at a CAGR of 27.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Microsoft Corporation, IBM Corporation, Google LLC, Amazon Web Services, Inc. (Amazon.com, Inc.), Nutanix, Inc., Tibco Software, Inc. (Vista Equity Partners), Synaptics, Inc., FogHorn Systems (Johnson Controls), Azion Technologies, Inc., and Alef Edge, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Component
By Data Source
- Video & Image Recognition
- Speech Recognition
- Mobile Data
- Sensor Data and Iris & Facial Data
By Deployment Mode
By Organization Size
- Large Enterprises
- Small & Medium Enterprises (SMEs)
By Vertical
- Telecom
- Government & Public Sector
- Manufacturing
- Energy & Utilities
- Travel & Hospitality
- Media & Entertainment
- Healthcare & Life Sciences
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Microsoft Corporation
- IBM Corporation
- Google LLC
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- Nutanix, Inc.
- Tibco Software, Inc. (Vista Equity Partners)
- Synaptics, Inc.
- FogHorn Systems (Johnson Controls)
- Azion Technologies, Inc.
- Alef Edge, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Edge AI Software Market, by Component
1.4.2 North America Edge AI Software Market, by Data Source
1.4.3 North America Edge AI Software Market, by Deployment Mode
1.4.4 North America Edge AI Software Market, by Organization Size
1.4.5 North America Edge AI Software Market, by Vertical
1.4.6 North America Edge AI Software Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Market Share Analysis, 2021
3.4 Top Winning Strategies
3.4.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.4.2 Key Strategic Move: (Partnerships, Collaborations and Agreements : 2018, Oct– 2022, Sep) Leading Players
Chapter 4. North America Edge AI Software Market by Component
4.1 North America Solution Market by Country
4.2 North America Services Market by Country
Chapter 5. North America Edge AI Software Market by Data Source
5.1 North America Video & Image Recognition Market by Country
5.2 North America Speech Recognition Market by Country
5.3 North America Mobile Data Market by Country
5.4 North America Sensor Data Market by Country
5.5 North America Iris & Facial Data Market by Country
Chapter 6. North America Edge AI Software Market by Deployment Mode
6.1 North America On-premises Market by Country
6.2 North America Cloud Market by Country
Chapter 7. North America Edge AI Software Market by Organization Size
7.1 North America Large Enterprises Market by Country
7.2 North America Small & Medium Enterprises (SMEs) Market by Country
Chapter 8. North America Edge AI Software Market by Vertical
8.1 North America Telecom Market by Country
8.2 North America Government & Public Sector Market by Country
8.3 North America Manufacturing Market by Country
8.4 North America Energy & Utilities Market by Country
8.5 North America Travel & Hospitality Market by Country
8.6 North America Media & Entertainment Market by Country
8.7 North America Healthcare & Life Sciences Market by Country
8.8 North America Others Market by Country
Chapter 9. North America Edge AI Software Market by Country
9.1 US Edge AI Software Market
9.1.1 US Edge AI Software Market by Component
9.1.2 US Edge AI Software Market by Data Source
9.1.3 US Edge AI Software Market by Deployment Mode
9.1.4 US Edge AI Software Market by Organization Size
9.1.5 US Edge AI Software Market by Vertical
9.2 Canada Edge AI Software Market
9.2.1 Canada Edge AI Software Market by Component
9.2.2 Canada Edge AI Software Market by Data Source
9.2.3 Canada Edge AI Software Market by Deployment Mode
9.2.4 Canada Edge AI Software Market by Organization Size
9.2.5 Canada Edge AI Software Market by Vertical
9.3 Mexico Edge AI Software Market
9.3.1 Mexico Edge AI Software Market by Component
9.3.2 Mexico Edge AI Software Market by Data Source
9.3.3 Mexico Edge AI Software Market by Deployment Mode
9.3.4 Mexico Edge AI Software Market by Organization Size
9.3.5 Mexico Edge AI Software Market by Vertical
9.4 Rest of North America Edge AI Software Market
9.4.1 Rest of North America Edge AI Software Market by Component
9.4.2 Rest of North America Edge AI Software Market by Data Source
9.4.3 Rest of North America Edge AI Software Market by Deployment Mode
9.4.4 Rest of North America Edge AI Software Market by Organization Size
9.4.5 Rest of North America Edge AI Software Market by Vertical
Chapter 10. Company Profiles
10.1 Microsoft Corporation
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Segmental and Regional Analysis
10.1.4 Research & Development Expenses
10.1.5 Recent strategies and developments:
10.1.5.1 Partnerships, Collaborations, and Agreements:
10.1.5.2 Acquisition and Mergers:
10.1.6 SWOT Analysis
10.2 IBM Corporation
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Regional & Segmental Analysis
10.2.4 Research & Development Expenses
10.2.5 Recent strategies and developments:
10.2.5.1 Partnerships, Collaborations, and Agreements:
10.2.5.2 Product Launches and Product Expansions:
10.2.6 SWOT Analysis
10.3 Amazon Web Services, Inc. (Amazon.com, Inc.)
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Segmental Analysis
10.3.4 Recent strategies and developments:
10.3.4.1 Partnerships, Collaborations, and Agreements:
10.3.4.2 Geographical Expansions:
10.3.5 SWOT Analysis
10.4 Google LLC
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Segmental and Regional Analysis
10.4.4 Research & Development Expense
10.4.5 Recent strategies and developments:
10.4.5.1 Partnerships, Collaborations, and Agreements:
10.4.5.2 Acquisition and Mergers:
10.4.6 SWOT Analysis
10.5 Synaptics, Inc.
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Regional Analysis
10.5.4 Research & Development Expenses
10.5.5 Recent strategies and developments:
10.5.5.1 Partnerships, Collaborations, and Agreements:
10.5.5.2 Product Launches and Product Expansions:
10.5.5.3 Acquisition and Mergers:
10.6 Johnson Controls International PLC (FogHorn Systems)
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Segmental & Regional Analysis
10.6.4 Research & Development Expenses
10.6.5 Recent strategies and developments:
10.6.5.1 Partnerships, Collaborations, and Agreements:
10.7 Nutanix, Inc.
10.7.1 Company Overview
10.7.2 Financial Analysis
10.7.3 Regional Analysis
10.7.4 Research & Development Expenses
10.8 Alef Edge, Inc.
10.8.1 Company Overview
10.8.2 Recent strategies and developments:
10.8.2.1 Partnerships, Collaborations, and Agreements:
10.8.2.2 Acquisition and Mergers:
10.9 Tibco Software, Inc. (Vista Equity Partners)
10.9.1 Company Overview
10.9.2 Recent strategies and developments:
10.9.2.1 Partnerships, Collaborations, and Agreements:
10.10. Azion Technologies, Inc.
10.10.1 Company Overview
TABLE 1 North America Edge AI Software Market, 2018 - 2021, USD Million
TABLE 2 North America Edge AI Software Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Edge AI Software Market
TABLE 4 Product Launches And Product Expansions– Edge AI Software Market
TABLE 5 Acquisition and Mergers– Edge AI Software Market
TABLE 6 Geographical Expansions – Edge AI Software Market
TABLE 7 North America Edge AI Software Market by Component, 2018 - 2021, USD Million
TABLE 8 North America Edge AI Software Market by Component, 2022 - 2028, USD Million
TABLE 9 North America Solution Market by Country, 2018 - 2021, USD Million
TABLE 10 North America Solution Market by Country, 2022 - 2028, USD Million
TABLE 11 North America Services Market by Country, 2018 - 2021, USD Million
TABLE 12 North America Services Market by Country, 2022 - 2028, USD Million
TABLE 13 North America Edge AI Software Market by Data Source, 2018 - 2021, USD Million
TABLE 14 North America Edge AI Software Market by Data Source, 2022 - 2028, USD Million
TABLE 15 North America Video & Image Recognition Market by Country, 2018 - 2021, USD Million
TABLE 16 North America Video & Image Recognition Market by Country, 2022 - 2028, USD Million
TABLE 17 North America Speech Recognition Market by Country, 2018 - 2021, USD Million
TABLE 18 North America Speech Recognition Market by Country, 2022 - 2028, USD Million
TABLE 19 North America Mobile Data Market by Country, 2018 - 2021, USD Million
TABLE 20 North America Mobile Data Market by Country, 2022 - 2028, USD Million
TABLE 21 North America Sensor Data Market by Country, 2018 - 2021, USD Million
TABLE 22 North America Sensor Data Market by Country, 2022 - 2028, USD Million
TABLE 23 North America Iris & Facial Data Market by Country, 2018 - 2021, USD Million
TABLE 24 North America Iris & Facial Data Market by Country, 2022 - 2028, USD Million
TABLE 25 North America Edge AI Software Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 26 North America Edge AI Software Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 27 North America On-premises Market by Country, 2018 - 2021, USD Million
TABLE 28 North America On-premises Market by Country, 2022 - 2028, USD Million
TABLE 29 North America Cloud Market by Country, 2018 - 2021, USD Million
TABLE 30 North America Cloud Market by Country, 2022 - 2028, USD Million
TABLE 31 North America Edge AI Software Market by Organization Size, 2018 - 2021, USD Million
TABLE 32 North America Edge AI Software Market by Organization Size, 2022 - 2028, USD Million
TABLE 33 North America Large Enterprises Market by Country, 2018 - 2021, USD Million
TABLE 34 North America Large Enterprises Market by Country, 2022 - 2028, USD Million
TABLE 35 North America Small & Medium Enterprises (SMEs) Market by Country, 2018 - 2021, USD Million
TABLE 36 North America Small & Medium Enterprises (SMEs) Market by Country, 2022 - 2028, USD Million
TABLE 37 North America Edge AI Software Market by Vertical, 2018 - 2021, USD Million
TABLE 38 North America Edge AI Software Market by Vertical, 2022 - 2028, USD Million
TABLE 39 North America Telecom Market by Country, 2018 - 2021, USD Million
TABLE 40 North America Telecom Market by Country, 2022 - 2028, USD Million
TABLE 41 North America Government & Public Sector Market by Country, 2018 - 2021, USD Million
TABLE 42 North America Government & Public Sector Market by Country, 2022 - 2028, USD Million
TABLE 43 North America Manufacturing Market by Country, 2018 - 2021, USD Million
TABLE 44 North America Manufacturing Market by Country, 2022 - 2028, USD Million
TABLE 45 North America Energy & Utilities Market by Country, 2018 - 2021, USD Million
TABLE 46 North America Energy & Utilities Market by Country, 2022 - 2028, USD Million
TABLE 47 North America Travel & Hospitality Market by Country, 2018 - 2021, USD Million
TABLE 48 North America Travel & Hospitality Market by Country, 2022 - 2028, USD Million
TABLE 49 North America Media & Entertainment Market by Country, 2018 - 2021, USD Million
TABLE 50 North America Media & Entertainment Market by Country, 2022 - 2028, USD Million
TABLE 51 North America Healthcare & Life Sciences Market by Country, 2018 - 2021, USD Million
TABLE 52 North America Healthcare & Life Sciences Market by Country, 2022 - 2028, USD Million
TABLE 53 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 54 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 55 North America Edge AI Software Market by Country, 2018 - 2021, USD Million
TABLE 56 North America Edge AI Software Market by Country, 2022 - 2028, USD Million
TABLE 57 US Edge AI Software Market, 2018 - 2021, USD Million
TABLE 58 US Edge AI Software Market, 2022 - 2028, USD Million
TABLE 59 US Edge AI Software Market by Component, 2018 - 2021, USD Million
TABLE 60 US Edge AI Software Market by Component, 2022 - 2028, USD Million
TABLE 61 US Edge AI Software Market by Data Source, 2018 - 2021, USD Million
TABLE 62 US Edge AI Software Market by Data Source, 2022 - 2028, USD Million
TABLE 63 US Edge AI Software Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 64 US Edge AI Software Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 65 US Edge AI Software Market by Organization Size, 2018 - 2021, USD Million
TABLE 66 US Edge AI Software Market by Organization Size, 2022 - 2028, USD Million
TABLE 67 US Edge AI Software Market by Vertical, 2018 - 2021, USD Million
TABLE 68 US Edge AI Software Market by Vertical, 2022 - 2028, USD Million
TABLE 69 Canada Edge AI Software Market, 2018 - 2021, USD Million
TABLE 70 Canada Edge AI Software Market, 2022 - 2028, USD Million
TABLE 71 Canada Edge AI Software Market by Component, 2018 - 2021, USD Million
TABLE 72 Canada Edge AI Software Market by Component, 2022 - 2028, USD Million
TABLE 73 Canada Edge AI Software Market by Data Source, 2018 - 2021, USD Million
TABLE 74 Canada Edge AI Software Market by Data Source, 2022 - 2028, USD Million
TABLE 75 Canada Edge AI Software Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 76 Canada Edge AI Software Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 77 Canada Edge AI Software Market by Organization Size, 2018 - 2021, USD Million
TABLE 78 Canada Edge AI Software Market by Organization Size, 2022 - 2028, USD Million
TABLE 79 Canada Edge AI Software Market by Vertical, 2018 - 2021, USD Million
TABLE 80 Canada Edge AI Software Market by Vertical, 2022 - 2028, USD Million
TABLE 81 Mexico Edge AI Software Market, 2018 - 2021, USD Million
TABLE 82 Mexico Edge AI Software Market, 2022 - 2028, USD Million
TABLE 83 Mexico Edge AI Software Market by Component, 2018 - 2021, USD Million
TABLE 84 Mexico Edge AI Software Market by Component, 2022 - 2028, USD Million
TABLE 85 Mexico Edge AI Software Market by Data Source, 2018 - 2021, USD Million
TABLE 86 Mexico Edge AI Software Market by Data Source, 2022 - 2028, USD Million
TABLE 87 Mexico Edge AI Software Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 88 Mexico Edge AI Software Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 89 Mexico Edge AI Software Market by Organization Size, 2018 - 2021, USD Million
TABLE 90 Mexico Edge AI Software Market by Organization Size, 2022 - 2028, USD Million
TABLE 91 Mexico Edge AI Software Market by Vertical, 2018 - 2021, USD Million
TABLE 92 Mexico Edge AI Software Market by Vertical, 2022 - 2028, USD Million
TABLE 93 Rest of North America Edge AI Software Market, 2018 - 2021, USD Million
TABLE 94 Rest of North America Edge AI Software Market, 2022 - 2028, USD Million
TABLE 95 Rest of North America Edge AI Software Market by Component, 2018 - 2021, USD Million
TABLE 96 Rest of North America Edge AI Software Market by Component, 2022 - 2028, USD Million
TABLE 97 Rest of North America Edge AI Software Market by Data Source, 2018 - 2021, USD Million
TABLE 98 Rest of North America Edge AI Software Market by Data Source, 2022 - 2028, USD Million
TABLE 99 Rest of North America Edge AI Software Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 100 Rest of North America Edge AI Software Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 101 Rest of North America Edge AI Software Market by Organization Size, 2018 - 2021, USD Million
TABLE 102 Rest of North America Edge AI Software Market by Organization Size, 2022 - 2028, USD Million
TABLE 103 Rest of North America Edge AI Software Market by Vertical, 2018 - 2021, USD Million
TABLE 104 Rest of North America Edge AI Software Market by Vertical, 2022 - 2028, USD Million
TABLE 105 key information – Microsoft Corporation
TABLE 106 Key information – IBM Corporation
TABLE 107 Key Information – Amazon Web Services, Inc.
TABLE 108 Key Information – Google LLC
TABLE 109 Key Information – Synaptics, Inc.
TABLE 110 Key Information – Johnson Controls International PLC
TABLE 111 Key Information – Nutanix, Inc.
TABLE 112 Key Information – Alef Edge, Inc.
TABLE 113 Key information – Tibco Software, Inc.
TABLE 114 Key Information –Azion Technologies, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Market Share Analysis, 2021
FIG 4 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 5 Key Strategic Move: (Partnerships, Collaborations and Agreements : 2018, Oct– 2022, Sep) Leading Players
FIG 6 Recent strategies and developments: Microsoft Corporation
FIG 7 SWOT Analysis: Microsoft Corporation
FIG 8 Recent strategies and developments: IBM Corporation
FIG 9 Swot analysis: IBM Corporation
FIG 10 Recent strategies and developments: Amazon Web Services, Inc.
FIG 11 SWOT analysis: Amazon.com, Inc.
FIG 12 SWOT Analysis: Alphabet Inc. (Google LLC)
FIG 13 Recent strategies and developments: Synaptics, Inc.
FIG 14 Recent strategies and developments: Alef Edge, Inc.