Edge Computing Market 2020: Impressively Grow in Future by Top Companies Analysis - Cisco, Nokia Networks, Huawei, Dell, Hpe, Sixsq, Foghorn Systems | Global Forecast to 2025
Global Edge Computing Market overview:
BusinessIndustryReports have new report spread across 96 pages is an overview of the Global Edge Computing Market Report 2020. The Global Edge Computing Market is projected to grow at a healthy growth rate from 2020 to 2024 according to new research. The study focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies.
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The Edge Computing industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Edge Computing market size to maintain the average annual growth rate of 0.177282790678 from 650.0 Million $ in 2014 to 1470.0 million $ in 2020, Market analysts believe that in the next few years, Edge Computing market size will be further expanded, we expect that by 2024, The market size of the Edge Computing will reach 6720.0 Million $. The factors contributing to the high growth adoption of Internet of Things across industries; rising demand for low-latency processing and real-time, automated decision-making solutions and a need for surmounting exponentially increasing data volumes and network traffic.
The global Edge Computing Market is primarily segmented based on Product Type, Application, End-Use Industry and Regions.
Based on Product Type, the market is divided into:
3 Micro Data Centers
On the basis of Application, the market is split into:
4 Government And Public
5 Media And Entertainment
Among Product Type segment the Edge Computing market sub segment into hardware is estimated to hold the largest market size during the forecast period, owing to the large-scale deployment of hardware components for decentralizing storage and computing operations, enabling comprehensive edge infrastructure deployment, and reducing network traffic. Organizations offer advanced edge computing hardware that either acts as an initial point of data source or a facilitator of the entire network or serves as a storage and local processing unit in the overall edge computing process.
The Asia-Pacific region is projected to register a highest growth in the market between 2020 and 2024. The growing end-user industry is the key driver of the market in the region. Europe is projected to witness a slow growth during the forecast period due to stringent environment norms in the region. North America is the largest market for Edge Computing followed by Asia-Pacific. The increasing demand from the water treatment segment coupled with the rising demand from reviving Technology industry is driving the market for Edge Computing in North America.
Some of the Edge Computing Market manufacturers involved in the market are Cisco, Nokia Networks, Huawei, Dell, Hpe, Sixsq, Foghorn Systems, Vasona Networks, Machineshop, Saguna Networks, Vapor Io, Xiotech Corporation, Adlink Technology, Mirror Image Internet, Aricent, Juniper Networks, Acquisitions and effective mergers are some of the strategies adopted by the Edge Computing Market manufacturers. New product launches and continuous technological innovations are the Edge Computing Market strategies adopted by the major players.
Latest Industry Updates:
Cisco, the leader in enterprise security, today unveiled a radical simplification in the way customers experience Cisco Security's portfolio and addresses complexity --one of the top pain points for CISOs. Building on a decade of significant investment in innovation, partnerships, acquisitions, customer research and open-source standards, Cisco is now offering customers the broadest, most integrated cloud-native security platform in the industry, Cisco SecureX.
Cisco SecureX provides a comprehensive user experience across the breadth of Cisco's integrated security portfolio and customers' existing security infrastructure. Cisco SecureX unifies visibility, identifies unknown threats, and automates workflows to strengthen customers' security across network, endpoint, cloud, and applications. Because simplicity is essential to securing today's digital transformation, Cisco SecureX is included with every Cisco Security product.
As businesses embrace digital transformation, expanding to the cloud, incorporating IoT and high-speed wireless access increases the corresponding attack surface. Securing this complex environment becomes difficult with various technologies that don't interoperate. Cisco's 2020 CISO Benchmark Study of 2800 security professionals surveyed found that twenty-eight percent feel that managing a multi-vendor environment is very challenging, an increase of eight points from last year's survey.
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Key Questions Answered in this Report:
1 The study provides an in-depth analysis of the global Edge Computing Market and current & future trends to elucidate the imminent investment pockets.
2 Information about key drivers, restrains, and opportunities and their impact analysis on the market size is provided.
3 Porters Five Forces analysis illustrates the potency of buyers and suppliers operating in the industry.
4 The quantitative analysis of the global market from 2016 to 2024 is provided to determine the market potential.
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Table of Contents:
Section 1 Edge Computing Product Definition
Section 2 Global Edge Computing Market Manufacturer Share and Market Overview
2.1 Global Manufacturer Edge Computing Shipments
2.2 Global Manufacturer Edge Computing Business Revenue
2.3 Global Edge Computing Market Overview
Section 3 Manufacturer Edge Computing Business Introduction
3.1 Cisco Edge Computing Business Introduction
3.1.1 Cisco Edge Computing Shipments, Price, Revenue and Gross profit 2014-2020
3.1.2 Cisco Edge Computing Business Distribution by Region
3.1.3 Cisco Interview Record
3.1.4 Cisco Edge Computing Business Profile
3.1.5 Cisco Edge Computing Product Specification
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