Edge Computing Market Size Worth $ 9.5 Billion By 2026 | CAGR: 27.8%

The global Edge Computing market size is expected to reach USD 9.5 billion by 2026 according to a new study by WhipSmart MI Research. The report “Edge Computing Market by Component (Hardware, Platform, and Services), Application (Smart Cities, IIoT, Content Delivery, Remote Monitoring, AR and VR), Organization Size (SMEs and Large Enterprises), Vertical and By Region, Segments & Forecast, 2019 - 2026” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Check sample report on below link -
https://whipsmartmi.com/report/edge-computing-market/

The unique COVID impact assessor from WhipSmart MI takes inputs such as economic growth forecasts, industry outlooks, analyses churned out by various global agencies such as IMF, World Bank, OECD along with covid indicators such as infection rates, death rates, vaccine news to assess how the growth rate for markets will change over the next two years – 2020 & 2021. These dashboards are updated every quarter and are available for 4000+ markets.

The rising acceptance of advanced technologies, like prognosticative maintenance in producing, drones in oil and gas operations, and AR/VR in retail verticals, has aided the adoption of edge computing solutions and services across the world. The tremendous increase in data volumes generated across industries has inspired the adoption of edge computing solutions and frameworks.

Edge computing has witnessed increasing demand across many industries, because of the digital transformation within the producing, telecommunication and IT, energy and utilities, healthcare, and retail verticals. The producing vertical is taken into account to be one amongst the key contributors to the edge computing market, because the business has been implementing advanced technologies, like prognosticative maintenance, to support its core operations.

In the global Edge Computing market, North America dominated the marketplace for Edge Computing Market. Factors like, the edge computing market within the region is well-established and stagnant. The North America region provides an acceptable atmosphere for start-ups and SMEs. In terms of presidency laws and compliance. Due to this, enterprises are growing rapidly during this region and have a significant demand for edge computing. Therefore, the North America region is alleged to possess the very best market share in the e computing market.
The key players in the market Cisco (US), HPE (US), Huawei (China), IBM (US), Dell Technologies (US), Nokia (Finland), Litmus Automation (US), FogHorn Systems (US), SixSq (Switzerland), MachineShop (US), Saguna Networks (Israel), Vapor IO (US), ADLINK (Taiwan), Altran (France), and Axellio (US) among others. Development of distribution channels, novel product development and aggressive marketing campaigning are some of the success factors in the industry.

WhipSmart MI Market research has segmented the Edge Computing market report on the basis of component, application, organization size, vertical and region

Edge Computing Component Outlook (Revenue, USD Million, 2019 – 2026)
Hardware
Platform
Services

Edge Computing Applications Outlook (Revenue, USD Million, 2019 – 2026)
Smart Cities
Industrial Internet of Things (IIoT)
Remote Monitoring
Content Delivery
Augmented Reality (AR) and Virtual Reality (VR)
Others (Autonomous Vehicles, Drones, and Gaming)

Edge Computing Organization Size Outlook (Revenue, USD Million, 2019 – 2026)
Small and Medium-sized Enterprises (SMEs)
Large Enterprises

Edge Computing Verticals Outlook (Revenue, USD Million, 2019 – 2026)
Manufacturing
Energy and Utilities
Government and Defense
Telecommunications
Media and Entertainment
Retail and Consumer Goods
Transportation and Logistics
Healthcare and Life Sciences
Others (Education and Banking, Financial Services, and Insurance)

Edge Computing Regional Outlook (Revenue, USD Million, 2019 – 2026)
North America
U.S.
Canada
Europe
France
Germany
UK
Italy
Russia
Asia Pacific
Japan
Korea
Latin America
Mexico
Brazil
Colombia
Middle East & Africa
Saudi Arabia
Israel

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Whipsmart MI provides fact based consulting services in the B2B and B2C domains to help assess complex VUCA developments and provide strategic intelligence to achieve transformational growth by identifying niche high growth opportunities. We facilitate the growth journey through a unique approach using a multitude of inputs to assess changes in the marketplace, disruptive trends, technologies, whitespace, and adjacencies across industries that will eventually impact respective industry domains.

Whipsmart MI provides fact based consulting services in the B2B and B2C domains to help assess complex VUCA developments and provide strategic intelligence to achieve transformational growth by identifying niche high growth opportunities. We facilitate the growth journey through a unique approach using a multitude of inputs to assess changes in the marketplace, disruptive trends, technologies, whitespaces and adjacencies across industries that will eventually impact respective industry domains.
WhipSmart Market Bytes is the most affordable market and competitive intelligence platform with accurate comprehensive coverage and quarterly updates, an indispensable market and strategy planning asset in a world of constant flux.

This release was published on openPR.