Edge Computing market is projected to growat a CAGR of 35.2% during the forecasting period 2021-2027

With the classification of IoT technology and the emergence of fast wireless communication, is making a wide place for the concept of edge computing. Edge computing is changing the way data is being handled, processed, summarized and transformed from a single electronic device to number of varieties of devices anywhere in the world. This Edge Computing is an integration of mobile and many other physical devices over a control panel or network. These all devices are able to transfer the signals to the main server and also between each device. By employing these various data from variety of systems we can get assistance to a larger no. of data which by filtering further can act as a key insight for a company in their operations. Because of its potentiality IoT is getting more attention from the all the sector in the world. Edge computing was developed looking towards the exponential growth of IoT devices. Edge computing is expected to play a vital role in the widespread adoption and working of technologies, such as AR/VR, autonomous vehicles, IoT, next-gen CDNs, next-gen cloud, and streaming games.

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Edge Computing Market, By Component
Key Points
Hardware
Platform
Services
Edge Computing Market, By Application
Key Points
Smart Cities
Location Services
Analytics
Environmental Monitoring
Optimized Local Content
Data Caching
Augmented Reality
Others
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