Press release
North America Edge Computing Market is touching new levels - Rising Demand, Trends and Innovations with Key Players - Cisco Systems, Inc, Microsoft Corporation, IBM, Google, and Amazon.
The North America edge computing market is expected to reach USD 2.43 Bn by 2023, expanding at a CAGR of 28.7%. Edge computing brings data processing nearer to IoT sensors to decrease latency and improve efficiency. The internet of things is driven by huge volumes of data generated from activities in our day-to-day lives. Collecting, sending, and processing massive quantities of data requires companies to act intelligently, quickly, and make better business decisions. Edge computing is a network of data centers that store and process data locally before sending them to centers or cloud. It optimizes computing to avoid disruptions in sending and receiving data.
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The North America edge market is classified into applications and end users. Based on applications, it is further sub-classified into smart cities, smart factories, connected healthcare, connected vehicles, smart grids, and others. Other applications include edge computing in gaming and e-commerce. Smart cities holds the largest market share. The concept of smart cities is expanding in the US. New York City and Boston city are among the leading smart city initiatives in this region.
Based on end users industries, edge computing network are used in the manufacturing sector, energy and utility sector, IT and telecommunication, healthcare and life sciences, and consumer appliances. The IT and telecommunication sector is expected to grab the largest market share and grow at the highest CAGR. The region is leading in 5G deployments. Most North American service providers are moving towards the commercial launch of 5G.
Based on regions, the market is divided into the United States and Canada. The U.S. would secure the highest market because it has leveraged the utilisation of digital infrastructure. This emerging technology has gained transaction owing to the limitation of cloud-based analytics systems
Key growth factors
The internet of things is trending in North America. With more IoT devices getting connected, the regions market has seen broader adoption of edge computing solutions across all the verticals. The presence of connectivity networks will act as a driving factor to facilitate the adoption of edge computing.
The average number of digital devices available to the citizen is increasing exponentially. People are better connected with enhanced access to brand and content. The gaming and e-commerce markets are booming in this region. This would widen the opportunity of edge computing.
Threats and key players
The crucial challenges faced by this region is lack of skill, understanding, problem with standardisation and implementation of the network. This emerging technology is facing the problem of deployment, i.e. challenging to optimise spectrum usage.
The key players in the North America edge computing market are Cisco Systems, Inc, Microsoft Corporation, IBM, Google, and Amazon.
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Chapter 1: Executive summary
1.1. Market scope and segmentation
1.2. Key questions answered in this study
1.3. Executive summary
Chapter 2: North America edge computing market overview
2.1. North America edge computing market - historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), drivers, trends and challenges
2.1.1. North America applications (smart city)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
2.1.2. North America applications (smart factory)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
2.1.3. North America applications (connected healthcare)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
2.1.4. North America applications (connected vehicle)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
2.1.5. North America applications (smart grid)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
2.1.6. North America applications (others)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
2.2.1. North America end-user industries (manufacturing)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
2.2.2. North America end-user industries (energy and utility)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
2.2.3. North America end-user industries (IT and telecommunication)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
2.2.4. North America end-user industries (healthcare and life science)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
2.2.5. North America end-user industries (consumer appliance)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
2.2.6. North America end-user industries (transportation and logistics)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
Chapter 3: United States edge computing market overview
3.1. United States edge computing market-historical (2015-2017) and forecasted (2018-2022) market size (USD Bn), drivers, trends and challenges
3.1.1. United States applications (smart city)-historical (2015-2017) and forecasted (2018-2022) market size (USD Bn), key observations
3.1.2. United States applications (smart factory)-historical (2015-2017) and forecasted (2018-2022) market size (USD Bn), key observations
3.1.2. United States applications (connected healthcare)-historical (2015-2017) and forecasted (2018-2022) market size (USD Bn), key observations
3.1.4. United States applications (Connected vehicle)-historical (2015-2017) and forecasted (2018-2022) market size (USD Bn), key observations
3.1.5. United States applications (smart grid)-historical (2015-2017) and forecasted (2018-2022) market size (USD Bn), key observations
3.1.6. United States applications (others)-historical (2015-2017) and forecasted (2018-2022) market size (USD Bn), key observations
3.2.1. United States end-user industries (manufacturing)-historical (2015-2017) and forecasted (2018-2022) market size (USD Bn), key observations
3.2.2. United States end-user industries (energy and utility)-historical (2015-2017) and forecasted (2018-2022) market size (USD Bn), key observations
3.2.3. United States end-user industries (IT and telecommunication)-historical (2015-2017) and forecasted (2018-2022) market size (USD Bn), key observations
3.2.4. United States end-user industries (healthcare and life science)-historical (2015-2017) and forecasted (2018-2022) market size (USD Bn), key observations
3.2.5. United States end-user industries (consumer appliance)-historical (2015-2017) and forecasted (2018-2022) market size (USD Bn), key observations
3.2.6. United States end-user industries (transportation and logistics)-historical (2015-2017) and forecasted (2018-2022) market size (USD Bn), key observations
Chapter 4: Canada edge computing market overview
4.1. Canada edge computing market - historical (2015-2017) and forecasted (2018-2022) market size (USD Bn), drivers, trends and challenges
4.1.1. Canada applications (smart city)-historical (2015-2017) and forecasted (2018-2022) market size (USD Bn), key observations
4.1.2. Canada applications (smart factory)-historical (2015-2017) and forecasted (2018-2022) market size (USD Bn), key observations
4.1.2. Canada applications (connected healthcare)-historical (2015-2017) and forecasted (2018-2022) market size (USD Bn), key observations
4.1.4. Canada applications (connected vehicle)-historical (2015-2017) and forecasted (2018-2022) market size (USD Bn), key observations
4.1.5. Canada applications (smart grid)-historical (2015-2017) and forecasted (2018-2022) market size (USD Bn), key observations
4.1.6. Canada applications (others)-historical (2015-2017) and forecasted (2018-2022) market size (USD Bn), key observations
4.2.1. Canada end-user industries (manufacturing)-historical (2015-2017) and forecasted (2018-2022) market size (USD Bn), key observations
4.2.2. Canada end-user industries (energy and utility)-historical (2015-2017) and forecasted (2018-2022) market size (USD Bn), key observations
4.2.3. Canada end-user industries (IT and telecommunication)-historical (2015-2017) and forecasted (2018-2022) market size (USD Bn), key observations
4.2.4. Canada end-user industries (healthcare and life science)-historical (2015-2017) and forecasted (2018-2022) market size (USD Bn), key observations
4.2.5. Canada end-user industries (consumer appliance)-historical (2015-2017) and forecasted (2018-2022) market size (USD Bn), key observations
4.2.6. Canada end-user industries (transportation and logistics)-historical (2015-2017) and forecasted (2018-2022) market size (USD Bn), key observations
Chapter 5: Competitive landscape
5.1. Company overview - Cisco systems, Inc
5.1. a. Key highlights
5.1. b. Key initiatives and investments received
5.2. Company overview - Microsoft Corporation
5.2. a. Key highlights
5.2. b. Key initiatives and investments received
5.3. Company overview - IBM
5.3. a. Key highlights
5.3. b. Key initiatives and investments received
5.4. Company overview - Google
5.4. a. Key highlights
5.4. b. Key initiatives and investments received
5.5. Company overview - Amazon
5.5. a. Key highlights
5.5. b. Key initiatives and investments received
…….
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