The global edge analytics market was valued at USD 5.2 billion in 2020, and is projected to reach USD 47.4 billion by 2030, growing at a CAGR of 24.9% from 2021 to 2030. This growth is driven by the surge in adoption of connected devices, increase in demand for prescriptive analytics, and rise in inclination toward cloud deployment model. The edge analytics market is segmented on the basis of component, type, deployment model, industry vertical, and region.
