Market Overview:

The objective of this comprehensive research is to provide a detailed insight into the Edge Computing market, considering its various segments, industries, and geographical regions. The research encompasses a thorough examination of the primary factors influencing the growth of the Edge Computing industry. Additionally, an in-depth analysis of the market's value chain is included.

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Market Scope:

Our research methodology for analyzing and forecasting the Edge Computing market involves the initial collection of revenue data from major suppliers through secondary research sources. Furthermore, we consider vendor offers when formulating market segmentation. We used the revenue figures of prominent companies to estimate the overall size of the Edge Computing market, employing a bottom-up approach.

Drivers:

IoT use is expanding across industries: As a result of the rise of IoT, organizations are relying more and more on centralized cloud computing and storage solutions. There are numerous latency and cost issues to consider when moving the entire IT infrastructure to the cloud. The use of edge computing solutions, such as edge nodes, devices, and hyper-localized data centers, is growing among companies that deploy IoT sensors, actuators, and other IoT devices.

By enabling data processing to take place closer to the data source, edge computing enhances the current cloud paradigm and enables businesses to make decisions more quickly. For instance, Purdue University collaborated with a provider of edge computing solutions to research and improve plant growth and food production processes utilizing IoT sensors and gadgets.

Segmentation:

by Component

Service
Solutions
Hardware
Platform

by Application

Smart Cities
Analytics
Location Services
Data Caching
Augmented Reality
Optimized Local Content
Environmental Monitoring
Others

by Organization Size

Small & Medium

Enterprises
Large Enterprises

by Vertical

Manufacturing
Transportation
Healthcare
Media & Entertainment
Telecom & IT
Government & Public
Energy & Utilities
Retail
Others

Key Players:

In the Edge Computing market report, we have highlighted the major players, which include:

1. Huawei
2. Vasona Networks
3. Foghorn Systems
4. Cisco Systems
5. Dell
6. Machineshop
7. Nokia Networks
8. Sixsq
9. Saguna Networks
10.Aricent
11.Adilink Technology
12.Juniper Networks, Inc.
13.Hewlett Packard Enterprise Development LP
14.SixSq Sàrl (Switzerland), FogHorn Systems
15.MachineShop Inc.
16.Vapor IO (US)
17.Xiotech Corporation
18.Mirror Image
19.Microsoft Corporation
20.IBM Corporation
21.Cisco Systems Inc.
22.Google Inc.
23.Hewlett Packard Enterprise Company
24.Intel Corporation
25.Schneider Electric SE


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Regional Analysis:

Our dedicated research team conducted extensive primary and secondary research for the global Edge Computing market study. We conducted secondary research to enhance available data, segment the market, assess its total size, and forecast its growth rate. Various methodologies have been employed to calculate market value and growth rate. Our team collects market data and insights from diverse regions to provide a well-rounded regional perspective. The country-level analysis in our research is developed by scrutinizing multiple regional stakeholders, tax laws, consumer behavior, and macroeconomic indicators.

Separate market share data is available for the following regions: North America, Europe, Asia-Pacific, the Middle East and Africa, and South America. Analysts are encouraged to leverage this information to identify competitive strengths and conduct independent competitor analysis.

COVID-19 Impact Analysis on Edge Computing Market:

Our research on the Edge Computing market also includes a comprehensive assessment of the impact of COVID-19 on the market, considering factors such as imports, suppliers, and market players.

Key Questions Answered in the Edge Computing Market Report:

• Which segment dominated the Edge Computing market in terms of market share?
• How did the competitive landscape of the Edge Computing market evolve in 2020?
• What are the key factors driving the growth of the Edge Computing market?
• Which region held the largest market share in the Edge Computing market in 2020?

A detailed Market Overview

Market Share, Size & Forecast by Revenue | 2023−2029
Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
Market segmentation: A thorough examination of the market's segments and sub-segments
Top Key Vendors and Other Notable Vendors in the Competitive Landscape

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