Fog Computing Market worth USD 316.88 million with CAGR of 55.54% by 2023; Top Most Companies are Nebbiolo Technologies, FogHorn Systems, Cisco Systems, Cisco Systems, IBM

This study provides insights about the Fog Computing Market in regards to its uses and benefits. We at Crystal Market Research (CMR) provide updated information that is beneficial in decision making regarding business investments.

Fog Computing Market Highlights:
Fog broadens the cloud abilities by offering a unified solution and virtualized resources to the edge of the system. The expanding infiltration of Internet of Things (IoT) and cloud services is anticipated to positively affect the business development throughout the following years. Furthermore, the key driving variables boosting the development of software and devices incorporate the developing requirement for real-time interaction with approaching information and the constraints of data transfer capacity accessibility.

Top Most Leading Players:
The leading players in the market are Nebbiolo Technologies, FogHorn Systems, Cisco Systems, Cisco Systems, IBM and PrismTech. Organizations are taking part in collaborations and partnerships to create successful solutions in the fog and edge landscape. For example, in June 2016, IBM Corporation and Cisco Systems, Inc. declared a partnership to incorporate Watson's IoT cloud programming with Cisco's new fog computing platform.

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The Fog Computing Market is segmented as follows-
By Solution:
Software
Hardware

By Hardware:
Routers & switches
Sensors
Gateways
IP video cameras
Micro data centre

By Application:
Smart grids
Connected healthcare
Connected vehicles
Smart cities
Smart manufacturing

Regional Insights:
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Rest of Asia-Pacific)
South America (Brazil, Argentina, Columbia and Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa and Rest of MEA)

Fog Computing Market was worth USD 5.95 million in 2014 and is expected to reach approximately USD 316.88 million by 2023, while registering itself at a compound annual growth rate (CAGR) of 55.54% during the forecast period.

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Table of Contents:
1.Introduction
2.Executive Summary
3.Market Overview
4.Market Analysis by Regions
5.Fog Computing Market, By Solution
6.Fog Computing Market, By Hardware
7.Fog Computing Market, By Application
8.Fog Computing Market, By Region
9.Company Profiles
10.Global Fog Computing Market Competition, by Manufacturer
11.Fog Computing Market Forecast (2018-2023)
…

Growth Booster of Market:
Major factors driving the local development incorporate the high implementation of IoT and expanding demand in continuous research on the improvement of fog architecture. For example, in the U.S., a venture has been started which empowers the movement lights to coordinate with associated vehicles to decrease the travel time. Also, the existence of a few players in the district is anticipated to prompt the early adoption of the technology. The Asia Pacific area represented an income share of more than 15% in 2016.

Reason to Buy:
Highlights key business priorities in order to assist companies to realign their business strategies.

The key findings and recommendations highlight crucial progressive industry trends in the Fog Computing Market, thereby allowing players to develop effective long term strategies.

Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

Scrutinize in-depth Global Fog Computing Market trends and outlook coupled with the factors driving the market, as well as those hindering it.

Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

Research Study Methodologies:
Our experts provide top to bottom coverage of the market from various aspects right from global market scenario to future trends and opportunities. Our research study methodologies are designed in such a way that our clients are able to find the answers they’re looking for, in the way they want. We are a customer-centric association, which efforts to enhance and augment values to the customer’s business by rendering the most insightful research.

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About Crystal Market Research:
Crystal Market Research is a U.S. based market research and business intelligence company. Crystal offers one stop solution for market research, business intelligence, and consulting services to help clients make more informed decisions. It provides both syndicated as well as customized research studies for its customers spread across the globe. The company offers market intelligence reports across a broad range of industries including healthcare, chemicals & materials, technology, automotive, and energy.

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This release was published on openPR.