Edge Computing Market is expected to grow $15.7 billion by 2025
Browse 310 market data Tables and 44 Figures spread through 298 Pages and in-depth TOC on "Edge Computing Market - Global Forecast to 2025"
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Smart Cities segment to hold the largest market size during the forecast period
With the increasing push toward Smart City initiatives, countries across the world are implementing edge computing solutions to enhance building security, home automation, parking and traffic management, and city asset management. Edge computing empowers IoT deployments in smart cities with low-latency and high bandwidth connectivity.
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Platform segment to grow at the highest CAGR during the forecast period
The platform segment is expected to grow at a higher CAGR during the forecast period, owing to its computing enhancement capabilities. With an increase in edge devices and data centers, companies require software capable of controlling operations of edge devices and data centers, within the network infrastructure, and improving their operational feasibility. The platform helps connect nodes in an edge infrastructure and enables easy flow of data across the networks.
North America to account for the largest market size during the forecast period
North America houses some of the major edge computing vendors, such as Cisco, IBM, HPE, Dell Technologies, FogHorn Systems, MachineShop, and Axellio. These players have their headquarters, direct sales offices, and large number of data centers in the region to cater to the North American client base. Many companies in the region are adopting edge computing to enhance their Information Technology (IT) infrastructure and leverage the benefits of new technologies, such as 5G and IoT, which has further added to the high adoption of edge computing solutions in North America.
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The edge computing market comprises major solution providers, such as Cisco (US), HPE (US), Huawei (China), IBM (US), Dell Technologies (US), Nokia (Finland), Litmus Automation (US), AWS (US), FogHorn Systems (US), SixSq (Switzerland), MachineShop (US), Saguna Networks (Israel), Vapor IO (US), ADLINK (Taiwan), Altran (France), Axellio (US), GE Digital (US), Moxa (Taiwan), Sierra wireless (Canada), Digi International (US), Juniper Networks (US), Clearblade (US), EdgeConneX (US), Edge Intelligence (US), and Edgeworx (US).
The study includes an in-depth competitive analysis of these key players in the edge computing market with their company profiles, recent developments, and key market strategies.
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