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Why Edge Data Center Market are Booming So Rapidly? Industry in-Depth Analysis with Growing Trends || Eaton, Fujitsu Global, Hewlett Packard Enterprise, Hitachi Vantara, Huawei Technologies, IBM, Panduit, Schneider Electric

Why Edge Data Center Market are Booming So Rapidly? Industry

Having procured a commendable share in the global edge data center market, the BSFI sector is witnessing robust demand for edge facilities ascribing to the necessity of compactly managing a massive amount of consumer data.

Reliable sources claim that the financial industry contenders are, on a large scale, deploying the data center facilities to accomplish several advancements and modifications in the proximity of their operational centers. This would help the organization to reduce the risk of data breaches and speed up the disaster detection and prevention in the near future.

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With rising adoption of connected devices and growing penetration of 5G technology at a global scale, edge data center market demand is expected to witness substantial surge through 2025. Edge data centers are being highly deployed in 5G infrastructure as they allow processing and managing of huge volumes of data. Citing an instance, in March 2019, EdgeConneX, Inc., reportedly announced to build MicroEdge data centers at 1,000 different locations to support 5G enabled applications in the future.

A slew of such projects by the private & government entities coupled with the ongoing IoT proliferation will provide a significant impetus to edge data center market share. Edge data centers reportedly aid in managing and processing rising data volumes, reducing latency, computing data close to end-users and overcoming intermittent connections.

Table of Contents (ToC) of the report:

Chapter 5 Edge Data Center Market, By Application
5.1 Key trends by application
5.2 BFSI
5.2.1 Market estimates and forecast, 2014 - 2025
5.2.2 Market estimates and forecast, by region, 2014 - 2025
5.3 Colocation
5.3.1 Market estimates and forecast, 2014 - 2025
5.3.2 Market estimates and forecast, by region, 2014 - 2025
5.4 Energy
5.4.1 Market estimates and forecast, 2014 - 2025
5.4.2 Market estimates and forecast, by region, 2014 - 2025
5.5 Government
5.5.1 Market estimates and forecast, 2014 - 2025
5.5.2 Market estimates and forecast, by region, 2014 - 2025
5.6 Healthcare
5.6.1 Market estimates and forecast, 2014 - 2025
5.6.2 Market estimates and forecast, by region, 2014 - 2025
5.7 Manufacturing
5.7.1 Market estimates and forecast, 2014 - 2025
5.7.2 Market estimates and forecast, by region, 2014 - 2025
5.8 IT & telecom
5.8.1 Market estimates and forecast, 2014 - 2025
5.8.2 Market estimates and forecast, by region, 2014 - 2025
5.9 Others
5.9.1 Market estimates and forecast, 2014 - 2025
5.9.2 Market estimates and forecast, by region, 2014 - 2025

Considering the geographical aspects, mounting penetration of OTT providers and telecom operators across the Asia Pacific region would boost the regional industry dynamics over the projected time frame.

The enterprises are exceedingly investing in the upgradation of the data center infrastructures across the emerging economies in the APAC region including India, China, and Japan. This is predicted to establish tremendous growth opportunities for the industry expansion and lead to the development of advanced data center facilities.

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All in all, the smart era and the internet of things revolution is overtly indicative of a massive range of opportunities for the edge data center market players. The competitive landscape of edge data center industry is inclusive of players such as Fujitsu Ltd, vXchnge Holdings, LLC, Vertiv, Co., Vapor IO, Inc., Eaton Corporation, Schneider Electric SA, IBM Corporation, Huawei Technologies Co., Ltd., Panduit Corporation, Hewlett-Packard Enterprise Company, 365 Operating Company LLC and EdgeConneX, Inc.

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