“According to SNS Insider, The Edge Computing Market size was valued at USD 16.47 Billion in 2023 and is expected to reach USD 200.8 Billion in 2031 and grow at a CAGR of 36.7% over the forecast period 2024-2031.”
Market Scope & Overview
The market research report gives a thorough picture of the worldwide business's competitive landscape. Regulations governing import and export that may have an immediate impact on the global market for Edge Computing. This report provides helpful details about finances, a product portfolio, investment planning, marketing, and business strategy, in addition to relevant market-relevant companies and related profiles.
The most recent study provides analysis and insights into the key variables that are most likely to be present during the anticipated term and their effects on the growth of the Edge Computing industry. A recent research of the market was conducted across a range of industries and regions. In addition to outlining major market advancements, industry and competitor challenges in gap analysis, new opportunities, and projected market trends, this study is a superb combination of qualitative and quantitative data.
Market Segmentation Analysis
The market size (both volume and value) for each category is included in the study, along with market segmentation for Edge Computing by type, industry, and channel sectors. Readers will benefit from the study's inclusion of client data from various companies.
Sample Report https://www.snsinsider.com/sample-request/1573
KEY SEGMENTS:
-On The Basis of Component
Hardware
Software
Services
Edge-managed Platforms
-On The Basis of Application
IIoT
Remote Monitoring
Content Delivery
Video Analytics
AR/VR
Others
-On The Basis of Industry Vertical
Industrial
Energy & Utilities
Healthcare
Agriculture
Transportation & Logistics
Retail
Datacenters
Wearables
Smart Cities, Smart Homes, Smart Buildings
KEY PLAYERS:
The major key players are Amazon web services (AWS), AT&T inc., Cisco Systems inc., Dell inc., Fujitsu limited, Huawei technologies co. Ltd., IBM Corporation, Hewlett Packard Enterprise (hpe), Microsoft Corporation, Nokia corporation & Other Players
Covid-19 Impact Analysis
The report's separate section discusses the overall consequences of the COVID-19 epidemic on the Edge Computing market. Our industry experts are working really hard to comprehend, gather, and swiftly deliver an assessment of the influence of the COVID-19 catastrophe on many businesses and their clients in order to aid them in making wise company judgments.
Regional Outlook
The most current Edge Computing market report looks deeper into significant global regions while concentrating on Asia Pacific, North America, Latin America, Europe, the Middle East, and Africa. The report informs readers on the gross margin, price, revenue, and production growth rate of the regional marketplaces in addition to their production share.
Key Driver
A key driver for the Edge Computing market is the rising demand for low-latency processing and real-time data analysis, driven by the proliferation of IoT devices and applications requiring immediate insights and responses. Edge computing reduces the need for data to travel long distances to centralized cloud servers, thereby enhancing efficiency and reducing bandwidth usage. Industries such as healthcare, manufacturing, and autonomous vehicles benefit from localized data processing for improved operational efficiency and safety. The evolution of 5G technology further accelerates edge computing adoption, enabling faster and more reliable connectivity necessary for real-time applications. Additionally, concerns over data privacy and regulatory compliance amplify the appeal of edge computing by keeping sensitive data closer to its source.
Competitive Analysis
The market research report is a vital source of advice and help for market participants and provides essential information on the state of the industry. Additionally, charts and data are provided to help evaluate the global market for Edge Computing.
Key Reasons to Purchase the Edge Computing Market Report
- For individuals looking for quickly accessible documents with crucial market information, other tables and graphs are simple to study.
- Insightful information from the major market suppliers is included in the research, which is a compilation of primary and secondary data.
- The prognosis is based on historical data that has been collected up to this point and on predictions for the ensuing years.
Conclusion
Modern technological advancements, technical platforms, as well as specialized tools and methodologies that can improve the performance of different industries are covered in the Edge Computing market research report.
Akash Anand – Head of Business Development & Strategy
info@snsinsider.com
Phone: +1-415-230-0044 (US) | +91-7798602273 (IND)
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