Edge Computing Market by 2025: Trends and Growth, Segmentation and Key Companies

The global edge computing market generated $1.73 billion in 2017 and is expected to attain $16.55 billion by 2025, registering a CAGR of 32.8% during the forecast period, 2018-2025.

Rise in the number of intelligent applications, increasing the load on cloud infrastructure, and the demand for assistance for real-time applications drive the growth of the global edge computing market. Additionally, the advent of 5G network and the development of numerous frameworks and languages for IoT solution is set to provide lucrative opportunities for emerging market players in the near future. However, market growth is significantly hampered by the availability of local hardware and overall higher maintenance costs.

For Purchase Inquiry: https://www.alliedmarketresearch.com/purchase-enquiry/5257

By component, the solutions segment occupied almost 90% of the overall market share in 2017 and is expected to maintain its dominance through 2025. The software in edge computing solution allows users to run local computer, messaging & data caching in a secure way for connected devices. However, the services segment is poised to grow at the highest CAGR of 35.6% during the forecast period, owing to a growing need to manage analytical data throughout its lifespan.

Regionally, Asia-Pacific is projected to register the highest CAGR of 35.1% during the forecast period, due to the strong penetration of mobile devices, and cellular technologies in emerging economies such as China and India. However, North America was the largest market in 2017, capturing almost two-fifths of the market share and is expected to dominate the market through 2025.

To Explore More, Download Sample Report: https://www.alliedmarketresearch.com/request-sample/5257

The key players analyzed in the report include 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, and others. They have adopted different strategies including collaborations, joint ventures, partnerships, expansions, mergers & acquisitions, and others to gain a strong position in the industry.

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

About Us:

Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

This release was published on openPR.