Edge Computing Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028, Segmented By Deployment (On-Premises, Cloud), By Component (Hardware(Hardware By Type (Edge Nodes/Gateways (Servers), Sensors/Routers, Others) Hardware By End Point Devices (Cameras, Drones, HMD, Robots, Others), Software, Services, Edge-managed Platforms), By Organization Size (Large Enterprises, Sm
Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: ICT | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationEdge Computing Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028, Segmented By Deployment (On-Premises, Cloud), By Component (Hardware(Hardware By Type (Edge Nodes/Gateways (Servers), Sensors/Routers, Others) Hardware By End Point Devices (Cameras, Drones, HMD, Robots, Others), Software, Services, Edge-managed Platforms), By Organization Size (Large Enterprises, Sm
Global edge computing market is driven by the rising computing demands from the increasing adoption of cloud services that provide high security, bandwidth, latency, and compliance. Edge computing is a distributed computing infrastructure that carries enterprise applications closer to data sources, including
Artificial Intelligence (AI)
As of July 2022, the number of internet users was 5.03 billion, and the number of social media users was 4.7 billion across the globe.
Growing Need of Computing in Business Organizations is Fueling the Market Growth
The edge computing model is bridging the gap between IT and business by improving the swiftness and competence of the traditional computing infrastructure as well as delivering cost-effectiveness. This provides more applications and infrastructure resources for most enterprises which are expected to spur the demand for the edge computing services. The organizations can provide more opportunities with more secured, scalable, and cost-effective resources that in turn are likely to escalate the edge computing market globally.
Rising Adoption of IoT Devices is Driving the Market Growth
Edge computing is rapidly developing into an essential frontier for enterprise innovation and competitive differentiation with the growth of IoT devices. The adoption of IoT devices is rising at a very fast pace. The usage is also expected to grow in the forecast period as consumers, businesses, and governments start to embrace Internet-of-Things (IoT) devices.
Demand for Adequate Workload Environment is Driving the Market Growth
Forward-thinking organizations are matching workloads to the best surroundings based on a range of criteria that matter to them most, whether cost, performance, compliance, skill sets, industry-specific needs, etc. As a result, the up gradation of existing facilities is likely to drive the demand for edge computing market during the forecast period.
High Security Demand for Cloud Services is Driving the Market Growth
There is a new evolution in security that is expected to come into focus as the number of microservice-based workloads continue to rise and cloud-native technology takes hold as the means to deliver modern digital capabilities.
Multi-Functional Edge Computing
Multi-access edge computing, also known as edge mobile computing, is an ETSI (European Telecommunications Standards Institute) certified networking concept. It allows remote desktop application capability and remote access to a centralized data processing and business processing software platform over the same network. The concept is highly beneficial to companies that host telecommuting employees or have employees who travel to multiple locations for work. Multi-access enables them to work as part of a unified network without deploying and maintaining separate networks for each location.
Market Segmentation
Company Profiles
Cisco Systems Inc., Microsoft Corporation, International Business Machines Corporation, Instant Data Centers, Fujitsu Limited, Amazon Web Services, Nokia Corporation, AT&T Inc., Huawei Technologies Co. Ltd., and FogHorn Systems Inc.
| Attribute | Details |
| Base Year | 2022 |
| Historical Years | 2018 – 2021 |
| Estimated Year | 2023 |
| Forecast Period | 2024 – 2028 |
| Quantitative Units | Revenue in USD Billion and CAGR for 2018-2022 and 2023E-2028F |
| Report Coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
| Segments Covered | · Deployment · Type o Hardware by Type o Hardware by End Point Devices · Organisation · Application · Industry Vertical · Region |
| Regional Scope | Asia-Pacific, North America, Europe, Middle East & Africa and South America |
| Country Scope | China, Japan, India, Australia, New Zealand, South Korea, Thailand, United States, Canada, Mexico, United Kingdom, Germany, France, Spain, Italy, Netherland, Switzerland, Saudi Arabia, UAE, Qatar, Kuwait, South Africa, Brazil, Argentina, Colombia |
| Key Companies Profiled | Cisco Systems Inc., Microsoft Corporation, International Business Machines Corporation, Instant Data Centers, Fujitsu Limited, Amazon Web Services, Nokia Corporation, AT&T Inc., Huawei Technologies Co. Ltd., and FogHorn Systems Inc., among others |
| Customization Scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
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| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/pdf format on special request) |
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