Edge Computing Market: Global Outlook, Business Opportunity, Upcoming Trends, Recent Development, Growth Drivers, Strategy, Key Players, Size, and Forecast: 2022-2031

Additionally, the increase in the range of web users and also the fast adoption of digital services has led to an exponential increase within the volume of sensitive data collected by organizations. This further increase in data is expected to accelerate the adoption of edge computing. Increasing stress on value and time management, growing IoT data, soaring want for automation of companies, and burgeoning competitive contention have significantly boosted the demand for edge computing. The technology helps enterprises in gaining period of time insights and up the effectiveness of their decision-making method for increasing profit. However, information privacy and security issues will hinder market growth

Market Insights

The global Edge Computing market is expected to be around US$ 16.10 Billion by 2025 at a CAGR of more than 34.5% in the given forecast period.

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The global Edge Computing market is segregated on the basis of Component as Hardware, Micro Data Centers, Gateway, Platform, Solution, and Services. Based on Deployment the global Edge Computing market is segmented in Cloud and On-premises. Based on End-User Industry the global Edge Computing market is segmented in Transportation, Defense, Media and Entertainment, Government, Healthcare, IT & Telecom, Manufacturing, Energy and Utilities, Retail, and Others.

Based on Application, the global Edge Computing market is segmented in Smart Cities, Location Services, Analytics, Environmental Monitoring, Optimized Local Content, Data Caching, Augmented Reality, and Others. The report also bifurcates the global Edge Computing market based on Organization in Small and Medium-Sized Enterprises and Large Enterprises.

The global Edge Computing market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Edge Computing market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

Competitive Rivalry

Nokia Networks, Huawei, Dell, HPE, Sixsq, Foghorn Systems, Vasona Networks, Cisco, Saguna Networks, Mirror Image Internet, and others are among the major players in the global Edge Computing market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.

The Edge Computing Market has been segmented as below:

Edge Computing Market, By Component

Hardware
Micro Data Centers
Gateway
Platform
Solution
Services

Edge Computing Market, By Deployment

Cloud
On-premises

Edge Computing Market, By End-User Industry

Transportation
Defense
Media and Entertainment
Government
Healthcare
IT & Telecom
Manufacturing
Energy and Utilities
Retail
Others

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Edge Computing Market, By Application

Smart Cities
Location Services
Analytics
Environmental Monitoring
Optimized Local Content
Data Caching
Augmented Reality
Others

Edge Computing Market, By Organization

Small and Medium-Sized Enterprises
Large Enterprises

Edge Computing Market, By Region

North America
Europe
Asia-Pacific
Rest of the World

Edge Computing Market, By Company

Nokia Networks
Huawei
Dell
HPE
Sixsq
Foghorn Systems
Vasona Networks
Cisco
Saguna Networks
Mirror Image Internet

The report covers:

Global Edge Computing market sizes from 2016 to 2025, along with CAGR for 2019-2025
Market size comparison for 2017 vs 2025, with actual data for 2017, estimates for 2018 and forecast from 2019 to 2025
Global Edge Computing market trends, covering comprehensive range of consumer trends & manufacturer trends
Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Edge Computing market
Major market opportunities and challenges in forecast timeframe to be focused
Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
Comprehensive company profiles of the key industry players

Report Scope:

The global Edge Computing market report scope includes detailed study covering underlying factors influencing the industry trends.

The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.

The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Edge Computing market share. Major industry players with significant revenue share include Nokia Networks, Huawei, Dell, HPE, Sixsq, Foghorn Systems, Vasona Networks, Cisco, Saguna Networks, Mirror Image Internet, and others.

Reasons to Buy this Report:

Gain detailed insights on the Edge Computing industry trends
Find complete analysis on the market status
Identify the Edge Computing market opportunities and growth segments
Analyze competitive dynamics by evaluating business segments & product portfolios
Facilitate strategy planning and industry dynamics to enhance decision making.

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