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Fog Computing Market Leading Companies are Microsoft Corporation, ARM Holdings, Intel Corporation, Schneider Electric Software and Fujitsu

10-27-2018 02:14 PM CET | IT, New Media & Software

Press release from: Coherent Market Insight

Fog-Computing

Fog-Computing

Coherent Market Research Published a Half Cooked Research Report on Global Fog Computing Market Research Report. Avail the in-depth table of content Table of Content and market synopsis on “Fog Computing Market Research Report - Global Forecast up to 2026.”

The Global “Fog Computing Market” research report demonstrates the fast developing conditions of the global market. The report reveals realistic data of the market. It covers current trends and predicts the revenue and potential developments of key players.

Fog computing also called as fog networking or fogging is used for the architecture provided in the proximity of the users to provide seamless cloud computing user experience. It is also known as edge computing, as it facilitates the functions such as storage, computing, and networking services between the cloud data centers, end enterprise and user devices. Requirement of managing service offerings at the network edge to enhance the efficiency and avoid the network bottlenecks, is expected to propel the growth over the forecast period.

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Software segment contributed to around 65% revenue of the fog computing market, is expected to remain the dominating revenue segment through the forecast period

Overall IT components costs have witnessed substantial decline over the past few years, in conjunction with considerable advancement leaps in the processing and compactness over the past few years. Connectivity costs have witnessed consistent price reductions with the advent of fast communication technologies such as 3G, 4G, and LTE. Software as a Service (SaaS) and the usability of these in analytics, e-commerce, collaboration, and other business functions has witnessed increased penetration at exponential rates. Thus, software solution segment is expected to dominate the market over the forecast period.

The U.S. dominated overall fog computing market share, owing to the high adoption in the country

Major investment in the R&D activities in the region, primarily in the automotive segment is expected to fuel the industry growth. The government has introduced a number of initiatives to revolutionize the automotive technologies, so as to reduce the number of road accidents and fatalities. Introduction of V2V communication, and V2I communication (or V2X) technologies are few of the initiatives in the process, which is expected to provide considerable growth prospects over the forecast period. The exponential rate of urbanization and industrialization in the Asia Pacific countries such as China, India, Indonesia, Thailand, Malaysia, South Korea, and Japan are expected to provide growth opportunities to key players in the market.

Fog Computing Market: Competitive Background

Key players operating the fog computing market include Microsoft Corporation, ARM Holdings PLC, Cisco Systems, GE Digital, Intel Corporation, Schneider Electric Software LLC, and Fujitsu Ltd.

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Fog Computing Market Taxonomy

On the basis of end-use:

- Building & Home Automation
- Smart Energy
- Smart Manufacturing
- Transportation & Logistics
- Connected Health
- Security & Emergencies
- Others (Smart Environment and Retail)

On the basis of applications:

- Smart Grid
- Smart Traffic Lights
- Wireless Sensors
- Decentralized Smart Building Control
- IoT
- Software Defined Networks

On basis of region

- North America
- Europe
- Asia Pacific
- Latin America
- Middle East
- Africa

About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

Contact Us:

Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com

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