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Edge computing is the way of transforming the data to be handled, processed, and delivered from millions of users all over the world. The exponential growth of Internet-connected devices such as IoT, requires real-time computing power, continues to drive edge-computing systems. In recent years, growing faster networking technologies such as 5G are allowing edge computing to accelerate the real-time applications such as self-driving cars, video processing & analytics, artificial intelligence, and robotics among others.
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Edge Computing Market Size, Share, Investment Opportunities, Top Regions, Growth & Forecast by 2024 The Global Edge Computing Market is projected to reach a value of over USD 30.7 billion by 2027 at a CAGR of around 31.0%. Edge computing is the way of transforming the data to be handled, processed, and delivered from millions of users all over the world. The exponential growth of Internet-connected devices such as IoT, requires real-time computing power, continues to drive edge-computing systems. In recent years, growing faster networking technologies such as 5G are allowing edge computing to accelerate the real-time applications such as self-driving cars, video processing & analytics, artificial intelligence, and robotics among others. edge computing brings data storage and computation closer to the devices where it’s being gathered, rather than depending on a central location that can be away from the location. IBM Corporation, Cisco, Microsoft, Google LLC, and Amazon Web Services (AWS) are expected to hold the largest market share in the edge computing market. Get Sample Copy of This Report @ https://www.forencisresearch.com/edge-computing- market-sample-pdf/ EDGE COMPUTING MARKET: DRIVERS & RESTRAINTS Market Driver: Growing Adoption of Internet of Things (IoT) Proliferation of devices and advanced principal technologies have helped fuel the growth of IoT technologies. Moreover, investments in IoT technology are projected to grow at faster rate during the forecast period. IoT market analysts expect the edge computing to play a significant role in supporting IoT implementations going forward, as it creates efficiencies and scale in networks that makes IoT deployments more self-sustaining. According to Forencis Analysis, IT spending on edge computing infrastructure will reach up to 18% of the total spend on IoT infrastructure. Hence, Increasing the IoT applications will expected to increase the edge computing market during the forecast period. Market Restraint:
Security and Privacy Concerns Data transmission and collection from many connected devices requires a better approach to analysis and processing. Edge computing takes these tasks closer to data sources, either allowing execution within devices themselves or outsourcing to data centers and local servers instead of central locations. However, distributing data across a large network containing numerous devices and data centers operating far from company’s main locations can create problems with network visibility and control. These devices are smaller than traditional data centers and hence, this small size makes them more vulnerable to being stolen or otherwise physically manipulated. Moreover, Loopholes in edge security can provide hackers easy access to the core of a network. Hence, security concerns will have expected to restrain the market during the forecast period. EDGE COMPUTING MARKET: KEY SEGMENTS Segmentation based on Technology: Mobile Edge Computing, Fog Computing, Cloudlets, and Others (Micro Data Center, CoT) Segmentation based on Component: Hardware, Software, and Solutions Segmentation based on Application: IoT, Analytics, Environment Monitoring, Augmented Reality, and Others Segmentation based on End-Use Industry: Transportation, Healthcare, Energy & Utilities, IT & Telecommunication, Media & Entertainment, Manufacturing, Government & Defense, Retail, Education, and Others Segmentation based on region covers: North America, South America, Europe, Asia- Pacific, Middle East & Africa and South America, with individual country-level analysis. Request Report Methodology On Competition On Global Edge Computing Market Here @ https://www.forencisresearch.com/edge-computing-market-request-methodology/ List of the leading companies operating in the Edge Computing Market include: Amazon Web Services Inc. (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis) IBM Corporation Intel Corporation Microsoft
General Electric Company SAP Google LLC Cisco Hewlett Packard Enterprise Development LP FUJITSU Schneider Electric Huawei Technologies Co., Ltd. Renesas Electronics Corporation. ADLINK Technology Inc. eInfochips (an Arrow company) EdgeConneX Inc. Siemens Zenlayer Inc. Yokogawa Electric Corporation EDGE COMPUTING MARKET: REPORT SEGMENTATION For the scope of the report, In-depth segmentation is offered by Forencis Research Edge Computing Market, by Technology Mobile Edge Computing Fog Computing Cloudlets Others (Micro Data Center, CoT) Edge Computing Market, by Component Hardware Software Solutions Edge Computing Market, by Application
IoT Analytics Environment Monitoring Augmented Reality Others Edge Computing Market, by End Use Industry Transportation Healthcare Energy & Utilities IT & Telecommunication Media & Entertainment Manufacturing Government & Defense Retail Education Others To Understand How COVID-19 Impact is Covered in This Report. Consult with an Analyst @ https://www.forencisresearch.com/edge-computing-market-consult-with-an-analyst/ Edge Computing Market by Region Asia-Pacific (China, Japan, South Korea, India, Taiwan, Rest of Asia-Pacific) North America (US, Canada, Mexico) Europe (Germany, Russia, France, Italy, UK, Spain, The Netherlands, Rest of Europe) Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East & Africa) South America (Brazil, Argentina, Rest of South America)
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