Edge Computing Market Research Report by Forecast to 2024


Posted April 1, 2020 by son1ane

Edge Computing Market, By Technology (Mobile Edge Computing, Fog Computing), Deployment (On Premise, On Cloud)
 
Edge Computing Market Overview:
Global Market For Edge Computing is estimated to reach USD 22,453.9 million by 2024, registering a 28.4% CAGR during the forecast period of 2018 to 2024.
The Global Edge Computing Market is driven by proliferation of IOT technology, increasing data traffic on cloud and emerging concern about data security by enterprises among others. On the other hand, lack of awareness and complex infrastructure are some of the factors hindering the growth of Edge Computing Market.

The growing spread of the Internet of Things (IoT) and growing security concerns at public places are driving market growth. The IoT trend is poised to gain higher demand in the coming years, considering the organization’s initiatives for digital transformation. The rapid growth and increasing adoption of IoT within organizations are estimated to aid the computing market share.

An increase in several high computing connected mobile devices, owing to IoT, has allowed organizations to collect and store large volumes of complex data in the repository. This has further augmented the need to process, store, and examine the data to achieve specific tasks, therefore driving the demand for edge computing applications.

Though, acquiring talent and expertise, that better understand edge computing technology, the multifaceted infrastructure of edge computing network, and addressing the rising number of cyber-attacks intimidating the privacy and security of the data are some of the trials for the market players offering edge computing solutions that may limit the market growth in the coming years.

Browse Full Report Details @ https://www.marketresearchfuture.com/reports/edge-computing-market-3239

Major Key Players:
MRFR recognizes the key players in the global edge computing market as Amazon, Inc., General Electric Company, Microsoft Corporation, Intel Corporation, SAP SE, Alphabet Inc., Schneider Electric SE, IBM Corporation, Huawei Technologies Co. Ltd., Integrated Device Technology, Inc., ADLINK Technology Inc., eInfochips, EdgeConnex Inc., The Hewlett Packard Enterprise Company, Fujitsu Ltd, Siemens AG, ZenLayer Inc., Yokogawa Electric Corporation, Rittal GmbH & Co. KG, ABB Ltd, and Advanced Micro Devices, Inc.

Edge Computing Market Segmental Analysis:
• By technology, the market has been segmented into mobile edge computing and fog computing.
• By deployment, the market has been segmented into on-premise and cloud.
• By component, the market has been segmented into hardware, software, and solutions.
• By application, the market has been segmented into IoT, data caching, analytics, environment monitoring, augmented reality, location services, and others
• By vertical, the market has been segmented into transportation, energy & utilities, healthcare, manufacturing, semiconductor, government, IT & telecommunication, retail, education, hospitality, and others.

Edge Computing Market Regional Analysis:
North America dominates the global market for edge computing and is closely followed by Europe. These regions are technologically advanced and have the presence of several leading market players who have contributed significantly to the technical advancements made. The deployment rate of cloud technology and IoT is high in these regions. In Europe, Germany leads to market growth for the region and holds the largest share.

The Asia-Pacific is set to expand at the fastest rate with the highest CAGR during the review period. Growing real-time applications of edge computing are a significant factor responsible for driving market growth. China holds the largest share of the regional market and is estimated to grow at the highest CAGR during the forecast period.

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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Market Research Future
Office No. 524/528, Amanora Chambers
Magarpatta Road, Hadapsar
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: [email protected]
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Issued By MRFR
Business Address Market Research Future Office No. 524/528,
Amanora Chambers Magarpatta Road, Hadapsar Pune - 411028 Maharashtra, India +1 646 845 9312
Country India
Categories Business
Tags edge computing market
Last Updated April 1, 2020