Edge Computing Market to surpass USD XX Billion by 2030, which is valued at XX billion in 2019 at a compound annual growth rate of XX%.
Global Edge Computing Market Research Report Size,Share,Growth,Trends and Forecast provides an deep analysis of the Edge Computing Market including detailed description of market sizing and growth, value, the key opportunities in the Edge Computing Market and outlines the factors that are and will be driving the growth of the industry taking into consideration the previous growth patterns with Forecast Period 2021-2030.
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The Edge Computing Market report provides insight into main drivers, challenges, opportunities and risk of the market and strategies of suppliers. Key players are profiled as well with their market shares in the global Edge Computing Market discussed. Overall, this report covers the historical situation, present status and the future prospects.Additionally, the worldwide market is segmented based on type, application, deals, and area. It contains numbers, regions, revenue, and offers just as the thorough computation of the business chain structure, opportunities, industry news analysis. The application portion shows the employments of the product.
The Edge Computing Market report also covers a detailed comprehension of the major geographies present in the market along with the key segments and sub-segments. The report focuses on regional development status, which includes the market size, share, and volume.
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About Edge Computing Market:
Global Edge Computing Market is a groundbreaking approach to cloud computing systems optimization. This refers primarily to the systems that enable computational to be carried out at the edge of the network. Edge computing is responsible for aligning data collection and control mechanisms, high bandwidth storage, and end-user-related applications. Battery life for the battery-operated IoT devices is boosted by the shorter times of open communications channels caused by an improved latency. Edge computing also enables efficient data storage, with cleaner data sets for cloud-based analysis as data collection and data processing are done at the edge of the network.
Global anticipates the Edge Computing market to surpass USD XX Billion by 2030, which is valued at XX billion in 2019 at a compound annual growth rate of XX%. This growth is anticipated due to the growing escalation of the Internet of Things and increasing concerns for security in public places. In the coming years, the IoT phenomenon is expected to expand with the organization’s digital transformation initiatives. The exponential growth and growing use of IoT in companies would lead to the fuel the edge computing industry. As IoT has increased in several high-computing linked mobile devices, companies have gained access to and stored large volumes of data in the repository
Recent Highlights in the Edge Computing market
The NVIDIA Corporation has built a platform called the NVIDIA EGX technology that will lead to a promising improved user experience in real-time AI.
In July 2019, IBM Japan joined the AECC, promoting good practices and technological integration in the future cars. IBM Japan is also driving the practice for the implementation of a new computing system.
Verizon Communications, Inc., and Amazon Web Services, Inc. have announced collaboration with its client to develop IoT technologies and innovative software, and promote innovation, through a 5 G cloud edge-based computing network.
Edge Computing Market: Segments
Global market has been segmented on the basis of Component, application type, and by location. It has been further segmented on the basis of region into North America, Europe, Asia-Pacific, Mid East, and Africa.
By component (in %), global Edge Computing Market, 2019
In 2019, the hardware segment dominated the global edge computing market.
Global Edge Computing Market is segmented by component into Hardware, Software, Services, and Edge-managed Platforms
Increasing cloud-based applications, in which the server plays a crucial role and functions as the non-visible computer base for the services on which users are dependent, provide the highest percentage.
By Industry vertical (in %), global Edge Computing Market, 2019
Energy and utilities accounted for XX% of the global volume in 2019 and are anticipated to dominate the market in the forecasted period
Global Edge Computing Market is segmented by industry vertical: Healthcare, agriculture and energy and utilities
The growing need to close the gap between theoretical performance and the actual production of grid systems promotes the adoption of edge computing practices by grid producers. Therefore, a large number of data generated from power stations distributed need to be processed and analyzed at a faster pace to enable successful decision-making based on data.
Many of the driving forces that help the industry expand include the use of intelligent functionalities such as automatic metering (AMR), distributed generators remote control, grid automation and real-time power analysis.
Global Edge Computing Market: Drivers and Restraints
The growing espousal of IoT
The emergence of IoT led to a substantial increase in data, as businesses rely more and more on centralized cloud computing and storage solutions. Movement of the entire IT industry to the cloud poses economic feasibility issues. Therefore, these companies are continuously searching for edge computing resources including edge nodes, instruments, and hyper-located data centers, using IoT sensors, actuators, and other IoT tools.
Advent of autonomous vehicles
Edge computing in autonomous motor cars can make it possible to use the collected data better and more accurately, enabling edge computer to offload non-critical data in the edge data centers and to preserve essential data within the vehicle. In addition, edge computing can help achieve situational awareness within a space of time combined with Artificial intelligence (AI ) and machine learning (ML) by providing local processing power to facilitate the processing of large quantities of data produced by autonomous automobiles.
In using digital technologies to effectively simplify and accelerate business processes companies are moving rapidly towards digitization. The initial investment in edge computing is still a major load on the capital expenditure of the company. For businesses that are pursuing comprehensive edge computing solutions, investments in cutting edge nodes, other edge tools, and edge data centers are significant. They would also have to invest more in ensuring the protection of devices and of the whole network. As a result, multiple service suppliers are reluctant to switch to the edge only because of low latency processing.
Global Edge Computing Market: Regions
North America was the largest market accounting for 42% of total market volume share in 2019
A number of startups that provide platforms to develop an edge-enabled solution are creating a driving force for the region’s industrial growth. For example, in Canada telecommunication companies, including Telus Communications, are developing MobiledgeX, Inc., an early access program that will empower developers to build, experiment, and measure the efficiency of edge-enabled applications in a low latency environment.
Asia Pacific: China, Japan, India, and Rest of Asia Pacific
Europe: Germany, the UK, France, and Rest of Europe
North America: The US, Mexico, and Canada
Latin America: Brazil and Rest of Latin America
Middle East & Africa: GCC Countries and Rest of Middle East & Africa
The global Edge Computing market is further segmented by region into:
North America Market Size, Share, Trends, Opportunities, Y-o-Y
Growth, CAGR United States and Canada
Latin America Market Size, Share, Trends, Opportunities, Y-o-Y
Growth, CAGR Mexico, Argentina, Brazil and Rest of Latin America
Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth,
CAGR United Kingdom, France, Germany, Italy, Spain, Belgium
Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia,
Turkey and Rest of Europe
APAC Market Size, Share, Trends, Opportunities, Y-o-Y Growth,
CAGR India, China, South Korea, Japan, Malaysia, Indonesia, New
Zealand, Australia and Rest of APAC
MENA Market Size, Share, Trends, Opportunities, Y-o-Y Growth,
CAGR North Africa, Israel, GCC, South Africa
Global Edge Computing Market: Key Players
Key Product Offerings
Key Performance Indicators
Dell Technologies (US)
Litmus Automation (US)
Saguna Networks (Israel)
Other prominent players
The global Edge Computing market report also contains analysis on:
Edge Computing Market Segments:
By Component type:
By Industry Vertical:
Energy and utilities
Edge Computing Market Dynamics
Edge Computing Market Size
Supply & Demand
Competition & Companies Involved in the Market
Value Chain of the Market
Market Drivers and Restraints
FAQs on Global Edge Computing Market
Which segment is anticipated to hold the largest market share?
At what CAGR is the market anticipated to grow between 2020 and
Who are the key players in the global Edge Computing market?
What could be the challenging factors for the growth of the Edge computing market?
What are the growth drivers for the Edge Computing market?
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This report provides detail analysis of the market and have a comprehensive understanding of the Edge Computing market and its commercial landscape. Learn about the various market strategies that are being adopted by leading companies.It provides a five-year forecast assessed based on how the Edge Computing market is predicted to grow.It provides insightful analysis of changing competition dynamics and keeps you ahead of competitors.To understand the future scope and outlooks for the Edge Computing market.Edge Computing Market Forecast by regions, type and application, with sales and revenue, from 2021.Edge Computing Market Share, distributors, major suppliers, changing price patterns and the supply chain of raw materials is highlighted in the report.
Lastly, this report covers the market landscape and its growth prospects over the coming years, the Report also brief deals with the product life cycle, comparing it to the relevant products from across industries that had already been commercialized details the potential for various applications, discussing about recent product innovations and gives an overview on potential regional market shares.
Detailed TOC of Global Edge Computing Market Outlook to 2030
2.Edge Computing Market
2.1. Product Overview
2.2. Market Definition
2.4. Assumptions and Acronyms
3. Research Methodology
3.1. Research Objectives
3.2. Primary Research
3.3. Secondary Research
3.4. Forecast Model
3.5. Market Size Estimation
4.Average Pricing Analysis
5. Macro-Economic Indicators
6.1. Growth Drivers
7.Correlation & Regression Analysis
7.1. Correlation Matrix
7.2. Regression Matrix
8.Recent Development, Policies & Regulatory Landscape
9. Risk Analysis
9.1. Demand Risk Analysis
9.2. Supply Risk Analysis
10.Edge Computing Analysis
10.1. Porters Five Forces
10.1.1. Threat of New Entrants
10.1.2. Bargaining Power of Suppliers
10.1.3. Threat of Substitutes
10.2. PEST Analysis
11 Edge Computing Market
11.1. Market Size & forecast, 2019A-2030F
11.1.1. By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.1.2. By Volume (Million Units) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.Edge Computing: Market Segmentation
12.1. By Regions
13. Company Profile
13.1.2. Company Overview
13.1.3. Company Total Revenue (Financials)
13.1.4. Market Potential
13.1.5. Global Presence
13.1.6. Key Performance Indicators
13.1.7. SWOT Analysis
13.1.8. Product Launch
14. Consultant Recommendation
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