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The global edge Artificial Intelligence (AI) software market size reached USD 585.1 Million in 2020 and is expected to register a CAGR of 20.1%, during the forecast period, according to latest analysis by Emergen Research. The rising need for edge devices like smartphones, Internet of Things (IoT) gadgets, and autonomous vehicles is one of the major factors driving the edge AI software industry. The growing demand for security and privacy is another factor driving the market for edge AI software. However, the market does face a number of obstacles and limitations, such as the absence of interoperability.
