Edge Computing Market Statistics 2020: Explore Growth Factors with Company Profiles Amazon Web Services (AWS), AT&T Inc., Cisco, Dell Inc., Fujitsu Limited, Huawei, IBM Corp., HP, Microsoft, Nokia

The Objective of the "Global Edge Computing Market" report is to depict the trends and upcoming for the Edge Computing Market industry over the forecast years. Edge Computing Market report data has been gathered from industry specialists/experts. Although the market size of the market is studied and predicted from 2020 to 2027 mulling over 2019 as the base year of the market study. Attentiveness for the market has increased in recent decades due to development and improvement in the innovation.

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According to the report, 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 number of intelligent applications, increasing load on cloud infrastructure, and the demand of 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, the market growth is significantly hampered by the availability of local hardware and overall higher maintenance costs.

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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 compute, 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.

By application, the connected cars segment is projected to register the highest CAGR of 35.9% from 2018 to 2025, due to the increasing need to deliver real time infotainment and other services in cars. However, the security and surveillance segment is expected to continue its stronghold over the industry and generate almost one-fifth of the global revenue by 2025, on account of enabling real time threat detection and reducing network latency.

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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.

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.

Key questions answered in Edge Computing Market research study:

o What is the market growth rate of Edge Computing Market from 2020-2027?
o What will be the global market size of the market from 2020 to 2027?
o Who are the leading global players in the Edge Computing Market?
o What are the current trends and predicted trends?
o What are the challenges faced in the Edge Computing Market?
o Which will be the niches at which players profiling with thorough plans, financials, and also recent advancements should set a presence?
o Which will be the anticipated growth rates for your own Edge Computing Market economy altogether and also for every segment inside?
o Which will be the Edge Computing Market application and types and forecast accompanied closely by producers?
o What are the conclusions of the Edge Computing Market report?

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