Edge Computing Market Will Witness Substantial Growth in the Upcoming years to 2027 | Amazon Web Services, Cisco Systems, DELL EMC, FogHorn Systems, Hewlett Packard Enterprise, Hitachi Vantara, IBM, Microsoft
The increased to process huge data volumes generated from the IoT devices closer to the end-users is anticipated to bolster the edge computing market in the coming years. Moreover, rising importance on cost reduction as well as process automation is other significant factors expected to propel the edge computing market. Enterprises globally are leveraging edge computing solutions for gaining real-time insights for enhancement of their operations. Thereby, the constant transition toward edge computing adoption for influencing IT strategies is driving the growth of the edge computing market. Also, the constant adoption of edge computing for application in the data center offers a lucrative opportunity to the data computing market. However, high maintenance costs are anticipated to act as a restraining factor to market growth.
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Top Key Players profiles in this report includes, Amazon Web Services, Inc., Cisco Systems, Inc., DELL EMC, FogHorn Systems, Hewlett Packard Enterprise, Hitachi Vantara, IBM Corporation, Microsoft Corporation, Rigado, LLC, Saguna Networks
The reports cover key developments in the edge computing market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from edge computing market are anticipated to lucrative growth opportunities in the future with the rising demand for edge computing in the global market. Below mentioned is the list of few companies engaged in the edge computing market.
The global edge computing market is segmented on the basis of component, application, and end-user industry. Based on the component, the market is categorized into hardware, software, and services. Further, the application segment of edge computing market is segmented into smart grids, connected cars, traffic management, critical infrastructure monitoring, environmental monitoring, security & surveillance, assets tracking, and others. Based on end-user industry the edge computing market is categorized into energy & utilities, healthcare, transportation & logistics, retail, manufacturing, media & entertainment, IT & telecom, others.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global edge computing market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East & Africa (MEA), and South America (SAM). The edge computing market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
Reason to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Edge Computing Market
- 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 Edge 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 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.
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Company: The Insight Partners
Contact: Sameer Joshi
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.
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