Edge Computing Market Trends, Size, Share, Growth and Emerging Technologies


Posted October 20, 2022 by pramojakokate

IoT use is increasing across industries: Organizations are increasingly relying on centralized cloud computing and storage solutions as a result of the development of IoT.

 
Edge Computing Market Overview:

For the global industry's edge computing trends analysis, a research team did thorough primary and secondary research. Secondary research was carried out in order to supplement existing data, segment the market, estimate overall market size, and anticipate market size and growth rate.

Market leaders are identified through primary and secondary research, and market revenue is calculated by primary and secondary research. The core study included in-depth interviews with key thought leaders and industry experts such as experienced front-line personnel, CEOs, and marketing executives. In-depth interviews with important thought leaders and industry experts, such as experienced front-line personnel, CEOs, and marketing executives, were conducted as part of primary research, while secondary research included a study of the major manufacturers' annual and financial reports. Secondary data is used to establish worldwide market percentage splits, market shares, growth rates, and breakdowns, which are then cross-checked against primary data.

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Market Scope:

The study supports an understanding of the Global Edge Computing Market dynamic structure by identifying and evaluating market segments and projecting market size. The study also contains a competitive analysis of major corporations based on price, financial status, application expansion goals, and geographical presence. A PESTLE analysis is also included in the report to assist shareholders in prioritizing their efforts and investments in the Global Edge Computing Market.

External and internal components that are expected to have a favorable or negative influence on firms have been investigated, providing decision-makers with a clear picture of the sector's future. The study also aids in understanding the dynamic structure of the Global Edge Computing Market by examining market segments and predicting Edge Computing Market size. The report serves as a resource for investors by providing a complete depiction of the competitive analysis of major organizations in the Global Edge Computing Market based on pricing, financial state, growth plans, and geographical presence.

Anticipated Growth with a CAGR of 38.2%, the edge computing market size was valued at US$6.46 billion in 2021 and is projected to grow to US$86.06 billion in 2029.

Segmentation:

According to verticals, the energy and utility sector had the most share in 2021 with 17%. The adoption of smart grids is anticipated to support revenue growth in the energy and utilities market because they rely on device edge infrastructure. The development of alternative renewable energy sources like wind and solar as well as efforts to improve the efficiency of electrical utility services globally are being driven by environmental sustainability initiatives. Globally, smart grids are being introduced to improve operational efficiencies and provide features like real-time consumption control, interaction with smart appliances, and micro grids to support distributed renewable energy.

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Key Players:

• Huawei
• Vasona Networks
• Foghorn Systems
• Cisco Systems
• Dell
• Machineshop
• Nokia Networks
• Sixsq
• Saguna Networks
• Aricent

Regional Analysis:

A country-level examination of the Edge Computing Market focuses on categories identified as potentially high-growth, countries with the largest market share, and countries with the highest development potential. The regional breakdowns in the Edge Computing Market report include North America (USA, Canada), South America, Asia Pacific (China, Japan, India, Korea), Europe (Germany, UK, France, Italy), and Other countries.

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COVID-19 Impact Analysis on Edge Computing Market:

The report covers COVID-19 impact on Edge Computing market.

Key Questions Answered in the Edge Computing Market Report are:

What will be the Edge Computing market's CAGR throughout the projected period?
Which market category emerged as the market leader in the Edge Computing market?
Who are the key players in the Edge Computing market?
How big will the Edge Computing market be in 2027?
Which firm had the biggest market share in the Edge Computing market?
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Issued By pramoja
Business Address Narhe, Pune, Maharashtra
Country India
Categories Environment , Industry , News
Tags edge computing market
Last Updated October 20, 2022