The study reveals that the market of Edge Computing is trending in North America region. The advantage of the edge computing that includes push applications, data transfer and services to devices at the edge of networks that helps to reduce transmission costs, shrink latency and improve user experience. A recent trend of real time reporting is boosting the Edge Computing market.
The study also signifies that The Edge Computing Market is expected to grow at a high rate as the researchers has built the proof-of-concept platform to run face recognition application. By moving computation from cloud to the edge, the response time is reduced from 900 to 169 ms which has huge effect on improvement, operation optimization, unplanned downtime reduction, and high cost savings.
The Edge Computing market is growing rapidly over 35.0% of CAGR and is expected to reach at USD 33.75 billion by the end of forecast period.
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”.
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.)
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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,.
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.
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.
• 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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