Edge Computing Market Overview :
Global Edge Computing Market is estimated to reach $16,710 Million by 2025; growing at a CAGR of 35.5% from 2017 to 2025. Edge computing is a procedure of enhancing cloud computing systems by processing data at the edge of the network, nearby the source of the data. Edge computing permits for efficient data processing in that huge quantities of data can be processed nearby the source, reducing Internet bandwidth use. This both excludes costs and ensures that appliances can be used efficiently in remote locations. Additionally, the capability to process data without ever placing it into a public cloud adds a useful layer of security for sensitive data. It supports in processing, collecting, and storing the IoT-generated data. The real-time analytics runs at numerous levels that include at the edge sensor, gateway, controller, infrastructure machine, and within on-premise applications or in the cloud. The main purpose of edge computing is to develop network security.
Increasing smart applications such as smart watches, smartphones, wearable devices, lower operating costs, and improved application performance are the major factors fueling the growth of the global edge computing market. However, security and privacy involvements for edge computing is expected to restrain the growth of the market. Furthermore, advancements in technology and evolution of 5g network is anticipated to provide growth opportunities in the coming years.
The global edge computing market is segmented based on organization, application, end user and geography. By organization, it is segmented into large enterprisesand Small and Medium Enterprises (SME). Application type is segmented into data caching, location services, environmental monitoring, analytics, smart cities, optimized local content, augmented reality and other applications. Further, end user segment is categorized into media and entertainment, healthcare, government and public, manufacturing, telecom and IT, energy and utilities, transportation, retail and other end user industry.
Based on geography, global edge computing marketis segmented into North America, Europe, Asia-Pacific, and Rest of the World (RoW). North America is further bifurcated into U.S., Canada, and Mexico whereas Europe segment consist of UK, Germany, France, Italy, and Rest of Europe. Asia-Pacific is segmented into India, China, Japan, South Korea, and Rest of Asia-Pacific while RoW is bifurcated into South America, Middle East, and Africa.
Key market players include FOGHORN SYSTEMS, Vasona Networks, Inc., Nokia, Huawei Technologies Co., Ltd., Hewlett Packard Enterprise Development LP, Xiotech Corporation, Saguna Networks Ltd., Aricent Inc., Juniper Networks, Inc., and MachineShop Inc., among others.
The key takeaways from the report
- The report will provide detailed analysis of Global Edge Computing Market with respect to major segments such as organization, application, end user and geography
- The report will include the qualitative and quantitative analysis with market estimation over 2016 – 2025 and compound annual growth rate (CAGR) between 2017 and 2025
- Comprehensive analysis of market dynamics including factors and opportunities will be provided in the report
- An exhaustive regional analysis of Global Edge Computing Market has been included in the report
- Profile of the key players in the Global Edge Computing Market will be provided, which include key financials, product & services, new developments and business strategies
Scope of the Global Edge Computing Market
- Small & Medium Enterprises (SME)
- Data Caching
- Location Services
- Environmental Monitoring
- Smart Cities
- Optimized Local Content
- Augmented Reality
- Other Applications
End User Segments
- Media and Entertainment
- Government and Public
- Telecom and IT
- Energy and Utilities
- Other End User Industry
- North America
- Rest of Europe
- South Korea
- Rest of Asia-Pacific
- South America
- Middle East