Edge Analytics Market Projected To Reach USD 39.54 Billion By 2030
San Francisco, 17 Jan 2023: The Report Edge Analytics Market Size, Share & Trends Analysis Report By Type, By Component (Solution, Service), By Deployment Model (On-Premises, On-Cloud), By Application, By End-use, By Region, And Segment Forecasts, 2022 - 2030 The global edge analytics market size is expected to reach USD 39.54 billion by 2030, registering a CAGR of 23.57% from 2022 to 2030, according to a new study by Grand View Research, Inc.Many industrial organizations use the Internet of Things (IoT) to monitor manufacturing machinery, pipelines, and equipment. The IoT generates and stores data that might be challenging to manage and interpret in real-time. The data from IoT devices is delivered into edge analytics to be processed and understood. Analytics algorithms assist humans in determining which data is required and which is unnecessary. The proliferation of vast amounts of data with the aid of connected devices is driving market expansion, real-time intelligence act