The computer industry shifts back and forth from centralized computing, which has lots of power but is far away from the person or device using it, to local computing, close to the action but messy and hard to harness all of its capacity. For instance, mainframes (centralized computing) gave rise to PCs, client/server (decentralized), which gave rise to the cloud (centralized). So decentralized is due next. This is the breathing in and breathing out of the computer industry.
The Edge Computing is a method of utilizing cloud computing by analyzing and processing the data at the edge of the network. This approach requires the resources such as laptops, smartphones, tablets and sensors that may not be continuously connected to the network.
The study indicates that Edge Computing Market is growing due to the factors that includes temperature, vibration, sound, motion or location and read information embedded in bar codes, strips, and chips. The increasing demand of Internet of things that has increased the response times of a minute or less for many important applications, including power production from solar facilities, driverless cars, smart lighting, security cameras, as well as monitoring ill patients.
The global The Edge Computing Market is expected to grow at USD 33.75 Billion by 2023, at 35.0% of CAGR between 2017 and 2023.
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Major Key Players:
• Microsoft Corporation (U.S.)
• Amazon.com, Inc. (U.S.)
• SAP SE (Germany)
• Alphabet Inc. (U.S.)
• General Electric Company (U.S.)
• Aricent (U.S.)
• IBM Corporation (U.S.)
• Huawei Technologies Co., Ltd. (China)
• Integrated Device Technology, Inc. (U.S.)
• Nokia Corporation (Finland)
• Intel Corporation (U.S.)
The regional analysis of Edge Computing Market is being studied for region such as Asia pacific, North Americas, Europe and Rest of the World. The rapid growth in the technology and increasing demand of IoT is also fueling the Edge Computing market in North America.
The study reveals that Europe region is also showing the positive sign towards edge computing at a very rapid pace in the Edge Computing Market as it allows business data to be dynamically distributes across a device network and supports edge analytics. Asia-Pacific countries like China, Japan and India have shown considerably fair share of market in the Edge Computing Market but will be growing fast in coming time.
Edge Computing Market Segmentation
The Edge Computing Market has been segmented on the basis of technology, component, deployment, application, end-user and region. Looking through the end-user segment it has been observed that the edge computing is considered perfect for building a smart home, has shown a tremendous growth Edge Computing and holds the largest market share. The analysis indicates that the other sectors like telecommunication and IT would be considering next for Edge Computing for their regular use and would show a positive growth in this market as IoT can be connected and managed easily at the network and the data can be processed locally to release the burdens for Internet bandwidth,.
Taste the market data and market information presented through more than 30 market data tables and figures spread over 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Edge Computing Market -Forecast to 2023”.
Market Research Analysis:
On geographic basis, Edge Computing market is studied in different regions as North Americas, Europe, Asia-Pacific and Rest of world. It has been observed that North America region is leading in the Edge Computing market and is expected to grow with a high rate. It also holds the largest market share in the Edge Computing market as the service can also be deployed on the edge OS for better management and delivery are the major factor to market growth. The study shows that Europe region is also showing a positive curve in growth of the Edge Computing market. The developing economies in Asia-pacific regions like China, Japan, India and others are showing high adoption in the Edge Computing.
• System Security
• Edge Computing devices
• Edge Computing certification providers
• Edge Computing lifecycle service providers
• Product manufacturers
• Research organizations
• Edge computing manufacturers
• Technology investors
• Technology standards organizations
• Consultancy firms
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