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The research report on the global edge computing market report offers qualitative as well as qualitative analysis of very segment along with its revenues and investment details in the market. In addition, the global market research report also describes the leading continents as well as their major countries with the profiles of major players operating across the global edge computing market. The global edge computing market was valued at USD 2,590.3 million in 2019 and is anticipated to grow at a CAGR of 38.9% over the forecast period from 2020 to 2025.Request sample copy of this report at: https://www.adroitmarketresearch.com/contacts/request-sample/1438
The growing need to access, gather, as well as evaluate the huge range of data generated by digitization at the edge networking with reduced latency, it is expected that the global edge computing market will increase with the substantial growth rate over the forecast period. Likewise, the huge amounts of data produced by the growing adoption of Internet of Things and Big Data coupled with the huge growth in cloud services in several industries such as healthcare, life sciences, consumer and retail, manufacturing, transportation, and logistics.
Owing to the growing processing data at a huge pace, the need for edge computing is also increasing significantly. In addition, an edge computing application effectively uses the processing power of the Internet of Things systems to aggregate, score, as well as filters the IoT data. However, at the same time, it also uses the cloud’s flexibility and power to perform complicated data evaluations and make a help to the number of decision making processes.
The global edge computing market is basically categorized into component, enterprise size, and application, industry vertical and regional landscape. In terms of component, the global market is fragmented into platform, hardware, and services. According to the application, this market is segregated into remote monitoring, smart cities, IIoT (Industrial Internet of Things), content delivery, virtual reality, augmented reality, and others. In terms of enterprise size, the global edge computing market is fragmented into large organizations and small & medium organizations. On considering the industry vertical, the global market is segregated into energy & power, manufacturing, IT & telecom, retail & consumer goods, healthcare & life sciences, transportation, and others. According to the geographical background, the global edge computing market is segregated into North America, Europe, Asia Pacific, and rest of the world. Among these, North American market for edge computing is dominated for the highest share in the year 2019. This is owing to the increasing adoption of technologies among service providers operating in the region. Cisco, IBM, HPE, Huawei, Nokia, Dell Technologies, and Litmus Automation are some of the major players in this market.
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Key segments of the global edge computing market
Component Overview, 2015-2025 (USD Million)
Hardware
Platform
Services
Application Overview, 2015-2025 (USD Million)
Smart Cities
Industrial Internet of Things (IIoT)
Remote Monitoring
Content Delivery
Augmented Reality (AR) and Virtual Reality (VR)
Others
Enterprise Size Overview, 2015-2025 (USD Million)
Small and Medium-sized Enterprises (SMEs)
Large Enterprises
Industry Vertical Overview, 2015-2025 (USD Million)
Manufacturing
Energy & Power
IT and Telecom
Healthcare & Life Sciences
Retail & Consumer Goods
Transportation
Others
Regional Overview, 2015-2025 (USD Million)
North America
U.S.
Canada
Europe
UK
Germany
France
Switzerland
Rest of Europe
Asia Pacific (APAC)
India
China
Japan
Australia
Rest of APAC
Rest of World
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