Global Edge Computing Market Research Report 2019-2030


Posted January 7, 2021 by prachitisharma98

The Edge Computing Market: to surpass USD XX Billion by 2030, which is valued at XX billion in 2019 at a compound annual growth rate of XX%.

 
Bharat Book Bureau Provides the Trending Market Research Report on “Global Edge Computing Market Outlook 2030: Industry Insights & Opportunity Evaluation, 2019-2030” under Information Technology Category. The report offers a collection of superior market research, market analysis, competitive intelligence and Market reports.

Market Overview

The Edge Computing Market: to surpass USD XX Billion by 2030, which is valued at XX billion in 2019 at a compound annual growth rate of XX%. This growth is anticipated due to growing escalation of Internet of Things and increasing concerns for security at public places. In the coming years, the IoT phenomenon is expected to expand with the organization's digital transformation initiatives.

• and promote innovation, through a 5 G cloud edge-based computing network.
Edge Computing Market: Segments

Global market has been segmented on the basis of Component, application type and by location. It has been further segmented on the basis of region into North America, Europe, Asia-Pacific, Mid East and Africa.By component (in %), global Edge Computing Market, 2019In 2019, the hardware segment dominated the global edge computing market.

Global Edge Computing Market is segmented by component into Hardware, Software, Services and Edge-managed PlatformsIncreasing cloud-based applications, in which the server plays a crucial role and functions as the non-visible computer base for the services on which users are dependent, provide the highest percentage.Global Edge Computing Market: Drivers and Restraints

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Drivers
• Growing espousal of IoT
The emergence of IoT led to a substantial increase in data, as businesses rely more and more on centralized cloud computing and storage solutions. Movement of the entire IT industry to cloud poses economic feasibility issues. Therefore, these companies are continuously searching for edge computing resources including edge nodes, instruments and hyper-located data centers, using IoT sensors, actuators and other IoT tools.
Restraints
• Initial investment
In using digital technologies to effectively simplify and accelerate business processes companies are moving rapidly towards digitization. Initial investment in edge computing is still a major load on capital expenditure of the company. For businesses that are pursuing comprehensive edge computing solutions, investments in cutting edge nodes, other edge tools, and edge data centers are significant. They would also have to invest more in ensuring the protection of devices and of the whole network. As a result, multiple service suppliers are reluctant to switch to the edge only because of low latency processing.
Global Edge Computing Market: Regions
North America was the largest market accounting for 42% of total market volume share in 2019
A number of startups that provide platforms to develop a edge-enabled solution are creating a driving force for the region's industry growth. For example, in Canada telecommunication companies, including Telus Communications, are developing MobiledgeX, Inc., an early access program that will empower developers to build, experiment and measure the efficiency of edge-enabled applications in a low latency environment.

Asia Pacific: China, Japan, India, and Rest of Asia Pacific
Europe: Germany, the UK, France, and Rest of Europe
North America: The US, Mexico, and Canada
Latin America: Brazil and Rest of Latin America
Middle East & Africa: GCC Countries and Rest of Middle East & Africa

Global Edge Computing Market: Key Players
Cisco (US)
-Company Overview
-Business Strategy
-Key Product Offerings
-Financial Performance
-Key Performance Indicators
-Risk Analysis
-Recent Development
-Regional Presence
-SWOT Analysis
• Huawei (China)
• Dell Technologies (US)
• Litmus Automation (US)
• SixSq (Switzerland)
• Saguna Networks (Israel)
• ADLINK (Taiwan)
• Axellio (US)
• HPE (US)
• IBM (US)
• Other prominent players

The global Edge Computing market report also contains analysis on:
• Edge Computing Market Segments:
-By Component type:
-Hardware
-Software Services
-Edge-managed Platforms
-By Industry Vertical:
-Healthcare
- Agriculture
-Energy and utilities
• Edge Computing Market Dynamics
• Edge Computing Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies Involved in the Market
• Value Chain of the Market
• Market Drivers and Restraints

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Last Updated January 7, 2021