Edge Computing Industry is set to witness robust Growth during the Forecast Period. The report is a must-buy for Industry Players operating in the market to get a Clear Picture of the current industry landscape. It takes a holistic approach and provides in-depth knowledge regarding market Drivers, Restraints, Future Opportunities and Notable Developments taking place in the Edge Computing market.
Edge computing helps in the optimization of internet devices as well as web applications by processing data at the edge of the network. It brings computing closer and faster to the data source. This, in turn, minimizes the requirement for long-distance communications between server and client, thus reducing bandwidth and latency usage. For instance, in the telecommunications industry, a mobile device can be considered as an edge device.
The increased to process huge data volumes generated from the IoT devices closer to the end-users is anticipated to bolster the edge computing market in the coming years. Moreover, rising importance on cost reduction as well as process automation is other significant factors expected to propel the edge computing market. Enterprises globally are leveraging edge computing solutions for gaining real-time insights for enhancement of their operations. Thereby, the constant transition toward edge computing adoption for influencing IT strategies is driving the growth of the edge computing market. Also, the constant adoption of edge computing for application in the data center offers a lucrative opportunity to the data computing market. However, high maintenance costs are anticipated to act as a restraining factor to market growth.
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The reports cover key developments in the Edge Computing market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from Edge Computing market are anticipated to lucrative growth opportunities in the future with the rising demand for Edge Computing market in the global market.
Key Players Influencing the Market
- Amazon Web Services, Inc.
- Cisco Systems, Inc.
- DELL EMC
- FogHorn Systems
- Hewlett Packard Enterprise
- Hitachi Vantara
- IBM Corporation
- Microsoft Corporation
- Rigado, LLC
- Saguna Networks
The “Global Edge Computing Market Analysis to 2027” is a specialized and in-depth study of the technology, media and telecommunications industry with a special focus on the global market trend analysis. The report aims to provide an overview of Edge Computing market with detailed market segmentation by component, deployment type, industry vertical, and geography. The global Edge Computing market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Edge Computing market players and offers key trends and opportunities in the market.
The global edge computing market is segmented on the basis of component, application, and end-user industry. Based on the component, the market is categorized into hardware, software, and services. Further, the application segment of edge computing market is segmented into smart grids, connected cars, traffic management, critical infrastructure monitoring, environmental monitoring, security & surveillance, assets tracking, and others. Based on end-user industry the edge computing market is categorized into energy & utilities, healthcare, transportation & logistics, retail, manufacturing, media & entertainment, IT & telecom, others.
Besides this, the report analyzes factors affecting Edge Computing market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions considered in the Global Edge Computing Market report.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Edge Computing market based on the type and application. It also provides market size and forecast till 2027 for overall Edge Computing market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
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Answers that the report acknowledges:
- Market size and growth rate during forecast period.
- Key factors driving the Edge Computing Market.
- Key market trends cracking up the growth of the Edge Computing Market.
- Challenges to market growth.
- Key vendors of Edge Computing Market.
- Detailed SWOT analysis.
- Opportunities and threats faces by the existing vendors in Global Edge Computing Market.
- Trending factors influencing the market in the geographical regions.
- Strategic initiatives focusing the leading vendors.
- PEST analysis of the market in the five major regions.
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