Press release
+55% CAGR Growth TO BE Archived By Fog Computing Market Through 2023 Including Top Key Players Like Microsoft, Cisco Systems, Dell, Intel Corp, Schneider Electric Software, GE Digital, Toshiba, ARM Holdings, Fujitsu, Prismtech Corporation, Nebbiolo Techno
Fog computing is a technology used to improve the efficiency and data computing capabilities for cloud computing. It decentralizes the computing resources required for processing in the most efficient way. The enhanced compliance of the cloud data is the prime advantage of the technology. The need to process the voluminous amount of data over the cloud creates a rapid need for fog computing. The high threat to the security and privacy of the processed data are major concerns. The increasing Internet of Things connectivity, machine to machine communication, need for real-time computing for time-critical process and the rising demand for connected devices largely drive the fog computing market.Analyst Predicts The Fog Computing Market Expected To Grow at a CAGR of +55% By 2022.
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Top Key Player Included In Report are:
Microsoft, Cisco Systems, Dell, Intel Corp, Schneider Electric Software, GE Digital, Toshiba, ARM Holdings, Fujitsu, Prismtech Corporation, Nebbiolo Technologies
The two main components of the fog computing market are software consisting of hardware consisting of servers, routers, switches, gateways, and controllers, as well as customized application software and fog computing platforms. Of the two, the software sector generates the most revenue because of its low capital requirements. Fog Computing is looking for applications in architecture and home automation, smart energy, connected health, smart manufacturing, transportation and logistics, security and emergency systems.
There is a device called fog nodules that can be installed in every place where network connection is possible. This fog nodule can be installed anywhere on the factory floor, power pole tops, vehicles, railroad tracks and oil rigs. A fog nodule can be any device with storage, computing, and network connectivity. Some of the factors driving the fog calculation include bandwidth limitations in the IoT infrastructure, improved real-time operation, and analysis requirements at the network edge. The absence of standard government standards for fog computing or the lack of availability of technical skills in fog computing is a factor that inhibits growth in the fog computing market. There are also many growth opportunities in the communication technologies of system integrators platform providers. It is expected to lead the market in the near future. Other factors, such as cloud service provider growth opportunities, are another opportunity for growth in the fog computing market.
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The fog computing market has become more important in recent years due to increased adoption of the world's Internet, increased demand for edge computing capabilities, the mainstream of cloud computing, and the adoption of smart sensors to generate vast amounts of data. The growing global government and private funding for research and development of IoT, cloud and fog and the range of innovative cross-domain applications provide significant growth opportunities in the fog computing market.
Regional Outlook:
The regional fog calculation market is divided into North America, Asia Pacific, the rest of the world and Europe. North America led the world fog calculation market in 2015 and is expected to dominate the market over the next few years. A lot of investment has been made in this area to develop this technology. The high penetration rate of fog computing technology leads the North American market.
Table of Contents
Global Fog Computing Market Research Report.
Chapter 1 Fog Computing Market Overview
Chapter 2 Global Economic Impact
Chapter 3 Competition by Manufacturer
Chapter 4 Production, Revenue (Value) by Region
Chapter 5 Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Production, Revenue (Value), Price Trend by Type
Chapter 7 Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Market Forecast
Continued…
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