Forecasting the Future Growth in 2023 and Edge Server Market Shares of Top Companies

Market Overview:
Edge Server market was estimated at USD 3773.77 million, and itsanticipated to reach USD 19748.62 million in 2028, with a CAGR of 31.76% during the forecast years.An edge server is a piece of hardware that performs data computation at the end (or "edge") of a network. Like a regular server, an edge server can provide compute, networking, and storage functions. Edge servers process data physically close to the end-users and on-site apps, so these devices process requests faster than a centralized server. Instead of sending unprocessed data on a trip to and from a data center, these devices process raw data and return content to client machines. As a result, edge servers provide snappier performance, lower latency, shorter loading times. For example, an edge-compute server may sit between IoT devices on a factory floor and the cloud or an enterprise data center. In that case, data flows like this: IoT devices (cameras, sensors) on the factory floor send data to an edge-compute server (i.e. edge gateway).Driven by the Internet of Things and AI, edge computing will show exponential growth in the futureBenefiting from the rapid development of technologies such as artificial intelligence and the Internet of Things, the increasing demand for data processing drives the continuous growth of the basic IT construction market, and the recovery of the global server market. According to statistics from International Data Corporation (IDC), in the first three quarters of 2021, the global server shipments totaled 9.39 million units, a year-on-year increase of 6.70%; Significant acceleration in the first half of 2021. Artificial intelligence is driving unprecedented social changes. This disruptive technology relies on powerful computing power. As a major form of computing at present and in the future, artificial intelligence computing is becoming the core driving force for a smart future. The development of artificial intelligence and the Internet of Things requires powerful computing power as a support, and cloud computing cannot meet the massive and real-time processing needs. With the gradual maturity of technologies such as artificial intelligence and the Internet of Things, the demand for computing power continues to extend from the data center to the edge to generate faster network service responses and meet the basic needs of the industry in real-time business, application intelligence, security and privacy protection, etc. Different from data center servers, Edge Server provides configuration flexibility as much as possible in a limited space. The Edge Server market has great potential for development, and the combination of edge computing and AI will become the core driving force for the growth of the Edge Server market in the future.Edge Server provides the foundation for the development of various industries in the country, and favorable policies drive industry developmentIn 2021, China's central ministries and commissions jointly issued "Guiding Opinions on Accelerating the Construction of a National Integrated Big Data Center Collaborative Innovation System", "National Integrated Big Data Center Collaborative Innovation System Computing Hub Implementation Plan", "New Data Center Development Three Years" Action Plan (2021-2023)" and a series of documents to promote the infrastructure construction of data centers and provide a policy basis for the development of China's digital economy and the overall transformation of China's economy. Under the overall layout of the world's leading countries, the infrastructure of computing power has become a consensus, and investing in computing power has a long-term multiplier effect on economic growth. According to the "2021-2022 Global Computing Power Index Assessment", every time a country's computing power index increases by 1 point on average, the digital economy and GDP will increase by 3.5‰ and 1.8‰ respectively. When a country's computing power index reaches 40 points and 60 points, the driving force of computing power for GDP growth will increase by 1.5 times and 3.0 times. The United States and China are in the camp of computing power leaders. With the accelerated integration of the digital economy and the real economy, Edge Server has maintained a rapid and healthy growth trend.

A thorough understanding of the Information & Communication Technology , Information Technology sector and its commercial potential is the aim of the market study. The Edge Server Market Report has 98 pages and has a detailed table of contents, a list of data, tables, and charts, along with an in-depth analysis.

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Market Segmentation:
Leading Players in the Edge Server Industry:
Atos
Inspur
OnLogic
Advantech
Huawei
Dell
ADLINK
Gigabyte Technology
Trusme
Cisco
HPE
Nokia
Sugon
Lenovo
Fujitsu

To preserve their position, these big corporations relied on primary growth tactics such as product portfolio expansion, current trends, financing, mergers and acquisitions, partnerships, new product invention, and geographical development.

Based on Type:
Blade
Rack
HCI
Other

Based on Application:
Industrial Servers
Commercial Servers

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Key Factors Considered:
COVID-19 - Amid the COVID-19 crisis, the Edge Server market has definitely taken a hit. The report describes the market scenario during and post the pandemic in the vision of upstream raw materials, major market participants, downstream major customers, etc. Other aspects, such as changes in consumer behavior, demand, transport capacity, trade flow under COVID-19, have also been taken into consideration during the process of the research. The epidemic is still causing tremendous disruption in industries throughout the world. We've been tracking the direct and indirect consequences of the COVID-19 outbreak on the Edge Server market. To Know How Covid-19 Pandemic will Impact this Industry - https://www.precisionreports.co/enquiry/request-covid19/23428936

Regional Conflict / Russia-Ukraine War - The report also presents the impact of regional conflict on this market in an effort to aid the readers to understand how the market has been adversely influenced and how it's going to evolve in the years to come.

Challenges & Opportunities - Factors that may help create opportunities and boost profits for market players, as well as challenges that may restrain or even pose a threat to the development of the players, are revealed in the report, which can shed a light on strategic decisions and implementation.

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Market is changing rapidly with the ongoing expansion of the industry. Advancement in the technology has provided today's businesses with multifaceted advantages resulting in daily economic shifts. Thus, it is very important for a company to comprehend the patterns of the market movements in order to strategize better. An efficient strategy offers the companies with a head start in planning and an edge over the competitors. Precision Reports is the credible source for gaining the market reports that will provide you with the lead your business needs.

This release was published on openPR.