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Market For Edge Computing Is Likely To Surpass US$ 69 Billion By End Of 2032
Global Edge Computing Market study sheds light on the important growth dynamics expected to prevail across the assessment period. (Insert forecast period). The study offers statistics of key segments across prominent geographies, along with a detailed mapping of the global competitive landscape.
The Market report tracks the global sales of Edge Computing in 20+ high growth Markets, along with analysing the impact of COVID-19 has had on information & communication technology (ICT) industry and Edge Computing sector in particular.
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How will Sales of Edge Computing will foster in 2022 and beyond?
In its latest report, Fact.MR offers an exhaustive overview of the global Edge Computing Market with focus on key dynamics, including drivers, restraints, opportunities, trends and detailed information about the global Edge Computing Market structure.
Edge Computing Market sales across the world will rise with the increasing adoption of wireless technology and penetration of digital media. With the outbreak of COVID-19, companies have become heavily reliant on digital platforms for the survival.
In the post-digital world, digital realities and advanced technologies such as artificial intelligence and internet of thinking & related products/services will be in trend. Technological adoption rate is increasing exponentially, which will bolster the industry growth.
ICT companies. are extensively adopting technologies such as cloud computing and artificial intelligence to ensure seamless operations as teams continue working from home. Focus on fast automation, use of real-time operation within various end-use sectors such as automotive, food & beverage and others will provide stimulus to the growth.
China's ICT industry will register high growth opportunities, especially as tech companies focus on digital transformation in the field of robotic process automation, data theft security, cloud & edge computing and cybersecurity.
Market players across China are shifting their focus on customer needs by taking a more nuanced approach through new service offering and by adopting various strategies such as product development and innovation.
The ICT sector across the U.K., France, and Germany will register robust growth during the forecast period owing to the increasing research & development activities for the development of novel technologies. Rising adoption of artificial intelligence and big data science among the ICT service providers will boost the growth.
Advent of 5G wireless technology across India will aid the growth of ICT sector combined with the adoption of edge computing within various end-use sectors such as healthcare, automotive and food & beverage industry. Emergence of e-commerce platforms within the manufacturing companies of diverse end-use sectors will improve the demand over the coming years.
Rise in adoption of autonomous vehicles across South Korea and Japan is improving the adoption of computing technologies for higher connectivity in the automobiles. This trend will strengthen the growth of ICT industry.
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Key Market Segments in Edge Computing Industry Research
By Component
Edge Computing Hardware
Edge Nodes/Gateways (Servers)
Sensors/Routers
Others
Edge Computing Software
Edge Computing Services
Edge-Managed Platform
By Application
Edge Computing for Energy & Utilities
Edge Computing for Industrial Applications
Edge Computing for Transportation & Logistics
Edge Computing for Smart Cities, Smart Homes, Smart Buildings
Edge Computing for Healthcare
Edge Computing for Agriculture
Edge Computing for Retail
Edge Computing for Datacenters
Edge Computing for Other Applications
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Competitive Landscape
The competitive landscape of the edge computing market is shaped by product innovation and strategic mergers & acquisitions. Front Runners are emphasizing capacity enhancements and global footprint expansion to leverage lucrative prospects in developing economies.
In January 2022, Amazon Web Services (AWS) announced the general availability of its new Amazon Elastic Compute Cloud (Amazon EC2) Hpc6a instances. These "purpose-built" EC2 instances leverage 3rd Gen AMD EPYC CPUs to process high-performance computing (HPC) workloads at what Amazon claims.
In November 2021, Kyndryl announced a landmark global strategic partnership that will combine its market-leading capabilities in the service of enterprise customers. The deal with Microsoft is Kyndryl's first since recently becoming an independent public company and provides incremental multi-billion dollar revenue opportunities for the two companies.
Key Regions Analysed
North America
Latin America
Europe
Asia-Pacific
Middle East & Africa
Key Country-wise Inclusions
US Edge Computing Market
Canada Edge Computing Sales
Germany Edge Computing Production
UK Edge Computing Industry
France Edge Computing Market
Spain Edge Computing Supply-Demand
Italy Edge Computing Outlook
Russia & CIS Market Analysis
China Edge Computing Market Intelligence
India Edge Computing Demand Assessment
Japan Edge Computing Supply Assessment
ASEAN Edge Computing Market Scenario
Brazil Edge Computing Sales Analysis
Mexico Edge Computing Sales Intelligence
GCC Edge Computing Market Assessment
South Africa Edge Computing Market Outlook
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