The following report provides forecast and analysis of the global edge computing market along with the historical data of 2015, estimated data 2020 and forecast data up to 2030 in terms of value (US$ Mn), according to a Fact.MR study. The research propounds critical trends that are currently influencing growth within the global edge computing market along with several macro-economic indicators. This newly published and insightful report on edge computing sheds light on key dynamics, and their impact on the overall value chain from suppliers to end-users, which are expected to transform the future of the global edge computing market.
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The report also comprises the study of current issues with end users and opportunities for edge computing. It also contains value chain analysis, including the key market participants. To provide users of this report with a comprehensive view of the market, we have included a detailed competitive analysis about the key players involved in the market and strategic overviews.
The dashboard included in the report provides a detailed comparison of edge computing manufacturers on parameters such as total revenue, product offerings, and key strategies. A list of key companies operating in the edge computing market provided in the report adds to the credibility of this exhaustive research study.
Global Edge Computing Market: In-Depth Assessment on Key Segments
The global edge computing market is segmented on the basis of component, application, and region.
- Edge Nodes/Gateways (Servers)
- Edge-Managed Platform
- Energy & Utilities
- Transportation & Logistics
- Smart Cities, Smart Homes, Smart Buildings
- North America
- Latin America
- East Asia
- South Asia & Oceania
- Middle East & Africa
This taxonomy and the detailed TOC prepared are confidential and intended exclusively for the individual or entity with whom it is being shared. Reading, disseminating, distributing, or copying this to any party other than the addressee(s) is unauthorized and prohibited.
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Edge Computing Market- Driving Factors
The rising popularity of IoT-edge applications in terms of data analytics in key industry verticals is supporting market growth.
The development of multi-locational hybrid data for real time insights will generate key growth opportunities.
The steady drop in the prices of computation mediums and hardware is key to increasing adoption of edge computing solutions.
Edge Computing Market- Major Restraints
Ensuring adequate data security in edge distributed computer networks is a key challenge to market players.
High costs and complexity associated to the installation of edge infrastructure is hindering market growth.
COVID-19 Impact on Edge Computing Market
With large sections of workers operating remotely around the world, the coronavirus has resulted in a high requirement for video conferencing, cable, and phone systems. These factors will have significant influence on the rising adoption of edge computing infrastructure. In addition, researchers are developing devices to monitor diseases such as the coronavirus with edge computing for the analysis of factors such as waiting room environments, coughing sounds, and crowd sizes, which will support market growth in the months ahead.
The edge computing market players are pushing for expansion of processing capabilities through the acquisition of servers, and investing in infrastructure tech research in addition to industry collaborations. For instance, Verizon has partnered with IMB for enterprise-edge computing with 5G and artificial intelligence. Amazon Inc., Microsoft Corp., Intel Corp., Cisco Systems Inc., IBM Corp, TENAX Group, and HP Enterprise are some major edge computing market players.
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