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Peripheral Computing
Main article: Edge computing
2020
Data MarketsandMarkets
Border Analytics Software Market Reaches $254.8 Million
The volume of the world market software for (boundary analytics edge analytics) in 2020 reached $254.8 million, analysts calculated. Frost & Sullivan They did not specify the dynamics in comparison with 2019, but said that sales of this software are on the rise.
According to Anisha Vinny, head of ICT projects at Frost & Sullivan, the rise in demand for such tools is due to the fact that companies recognize the value of data that allows them to gain a competitive advantage, increase operational efficiency, discover new sources of revenue, as well as improve customer satisfaction and even destroy the usual way in the industry.
Researchers consider another factor in the recovery of the market under consideration to be a surge in demand for machine learning and artificial intelligence projects launched at the border of networks - in a place where in Internet of Things (IoT) systems the world of physical objects connects with the Internet. However, boundary calculations are much more than just calculation and data processing. Its main function is to smoothly integrate peripherals and cloud computing, as well as two-way information exchange, experts say.
The concept of boundary analytics, they said, is based on the collection, processing and analysis of data on network peripherals, next to sensors, network switches or other connected devices, that is, next to the source of information and executable elements, for example, in production.
Anisha Winnie says that more than half (51%) of surveyed company executives consider the study and use of data to be one of the top business priorities. Reducing costs is called a strategic priority by 78% of directors, and 72% of respondents are ready to invest in technologies that can reduce costs, the expert said.
The study says that countries North America and (Latin America NALA) will become the main market for border analytics tools with almost 60 percent market share., States Europe the Middle East and () Africa EMEA will take the second place in terms of revenue, followed by the Asia-Pacific region.
From the point of view of industries leading in the use of border analytics, the manufacturing sector occupies the first place, followed by energy and logistics.
Production. Predictive analytics (primarily forecast maintenance) is a very important scenario for the use of boundary analytics in the manufacturing sector. Analysts believe that discrete production in the automotive and consumer goods sectors has become the main source of sales of edge analytics solutions in the United States and EMEA.
Energy. Boundary analysis data can be used to make the necessary adjustments to optimize energy production. EMEA is the leading provider of edge analytics software in this sector. While India has seen an increase in public investment in peripheral renewable energy analytics (mainly solar), green buildings are driving the spread of software in Singapore, Indonesia, Thailand and Malaysia.
Logistics. The increase in investments in unmanned vehicles affects the costs of autonomous robots for their use in enterprises. The use of peripheral analytics to automate and track the movement of raw materials and goods in the shop is expected to grow during the forecast period.[1]
Notes
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