Edge Computing Market Size in 2022 was worth US $ 8.93 Bn. at a CAGR of 38.2 % and it is expected to reach US $ 85.96 Bn. in 2029.
Edge Computing Market Overview:
The Edge Computing market research report looks into and analyses the market’s position during the predicted period. It is an in-depth study that focuses on fundamental and secondary drivers, market dominance, key segments, and geographic analysis. The research also looks at notable individuals, large collaborations, mergers, and acquisitions, as well as contemporary innovation and corporate strategy.
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Market Scope:
We examined the Edge Computing Market from every angle conceivable, including both primary and secondary research methodologies. This helped us better grasp current market dynamics such as supply-demand imbalances, pricing trends, product preferences, and consumer behavior. The information is then gathered and evaluated using a variety of market estimations and data validation procedures. In addition, we have an in-house data forecasting engine that predicts market growth until 2027.
Drivers:
Infrastructure startup CAPEX: Businesses are quickly adopting digitalization by applying cutting-edge technologies to automate and streamline their business processes. Due to localized processing, edge computing may reduce data transmission and storage costs, but edge infrastructure investment still raises a company’s CAPEX. Companies looking for comprehensive edge computing solutions would need to invest in edge nodes, additional edge devices, and edge data centers. Additionally, the cost of protecting the devices and the entire network would increase. In order to achieve low latency processing, many content delivery firms are unwilling to shift to the edge.
Segmentation:
by Component
Service
Solutions
Hardware
Platform
by Application
Smart Cities
Analytics
Location Services
Data Caching
Augmented Reality
Optimized Local Content
Environmental Monitoring
Others
by Organization Size
Small & Medium Enterprises
Large Enterprises
by Vertical
Manufacturing
Transportation
Healthcare
Media & Entertainment
Telecom & IT
Government & Public
Energy & Utilities
Retail
Others
Key Players:
Primary and secondary research is used to identify market leaders, as well as primary and secondary research to assess market revenue. As part of the core study, in-depth interviews with major thought leaders and industry specialists such as experienced front-line personnel, CEOs, and marketing professionals were done. In-depth interviews with notable thought leaders and industry specialists, such as experienced front-line personnel, CEOs, and marketing professionals, were conducted as part of primary research, while secondary research included a review of the major manufacturers’ annual and financial reports. Secondary data is utilized to compute percentage splits, market shares, growth rates, and global market breakdowns that are then compared to historical data. This report includes the following players:
1. Huawei
2. Vasona Networks
3. Foghorn Systems
4. Cisco Systems
5. Dell
6. Machineshop
7. Nokia Networks
8. Sixsq
9. Saguna Networks
10.Aricent
11.Adilink Technology
12.Juniper Networks, Inc.
13.Hewlett Packard Enterprise Development LP
14.SixSq Sàrl (Switzerland), FogHorn Systems
15.MachineShop Inc.
16.Vapor IO (US)
17.Xiotech Corporation
18.Mirror Image
19.Microsoft Corporation
20.IBM Corporation
21.Cisco Systems Inc.
22.Google Inc.
23.Hewlett Packard Enterprise Company
24.Intel Corporation
25.Schneider Electric SE
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Regional Analysis:
The research examines the local industry in-depth, utilizing both qualitative and quantitative data. It provides an overview and prediction of the global Edge Computing market segment by segment. It also projects and estimates the market size for five key regions from 2021 to 2027: North America, Europe, Asia-Pacific, the Middle East, Africa, and South America. The Edge Computing market in each area is further segmented into regions and sectors. The research studies and anticipates a wide range of nations, as well as current trends and opportunities in the sector.
COVID-19 Impact Analysis on Edge Computing Market:
We thoroughly researched and analyzed the Global Edge Computing Market Development Strategy post-COVID-19, by corporate strategy analysis, landscape, type, application, and leading countries, which encompasses and analyses the global Edge Computing industry’s potential, providing statistical data on market dynamics, growth factors, major challenges, PORTER analysis, and market entry strategy analysis, opportunities, and forecasts. The study’s main goal is to provide industrial enterprises with a strategic analysis of COVID-19’s impact. This analysis looked at the marketplaces of key countries at the same time and emphasized their market potential.
Key Questions Answered in the Edge Computing Market Report are:
- What are the most promising high-growth opportunities in the global Edge Computing sector, as defined by product category, End User, and Region?
- Which Edge Computing market segments will expand the fastest, and why?
- Which areas will expand the fastest, and why?
- What are the primary elements influencing Edge Computing market dynamics? What are the primary drivers and obstacles in the Edge Computing market?
- What are the Edge Computing market’s business risks and dangers?
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