Press release
Edge Computing in Industrial Automation Market 2023-2030 Insights by Potential Growth, Trends, Increasing Demand and Outlook with Ericsson, Microsoft, FogHorn
From 2023 to 2030, the worldwide edge computing in the industrial automation market is anticipated to expand at a CAGR of 24%. The expanding use of industrial IoT (IIoT) devices and applications, the increasing need for real-time data processing and analysis, and the rising requirement for increased operational efficiency and productivity in the industrial sector are the key factors driving the growth of this market. A distributed computing paradigm called edge computing in industrial automation moves data processing and analytics closer to the edge of the network, where the data is created. This enhances both the security and privacy of data as well as the performance and latency of apps.
The demand for edge computing solutions to handle and analyze the data produced by IIoT devices is being driven by the fast expansion of IIoT devices linked to the internet. Real-time data processing and analysis are essential for a variety of industrial applications. By moving data processing and analytics closer to the network's edge, edge computing can aid in this goal. By facilitating real-time decision-making, predictive maintenance, and other applications, edge computing can assist to increase operational efficiency and productivity in the industrial sector.
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Major players in the market include Ericsson, Exor International S.p.A., Amazon Web Services, Microsoft, Alibaba Cloud, ObjectBox Limited, Schneider Electric, FogHorn, IOTech, RAD Group, ADLINK, Advantech Co Ltd.
The market report for Edge Computing in Industrial Automation features an exclusive section dedicated to the global market and its associated companies, delivering vital information about their financial insights, product portfolios, investment plans, and marketing and business strategies. This data serves as a valuable resource for organizations, enabling them to strengthen their operations and make well-informed decisions that propel their businesses in the right direction. Moreover, the Edge Computing in Industrial Automation market report provides detailed company profiles, product specifications, capacity, production value, and market shares for each company, with a specific focus on analyzing the competitive landscape from 2023 to 2030. Additionally, the Edge Computing in Industrial Automation market report investigates market information pertaining to specific stocks, currencies, commodities, geographic regions, and countries, thereby enriching the overall market analysis.
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Global Edge Computing in Industrial Automation Market: Segmental Analysis
The global Edge Computing in Industrial Automation market has been segmented on the basis of type and application.
Edge Computing in Industrial Automation Market by Type:
Organization Data Calculation
Unstructured Data Computing
Edge Computing in Industrial Automation Market by Application:
Autonomous Driving
Logistics Warehousing
Industrial Manufacturing
Countries Covered:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The Edge Computing in Industrial Automation Market report is generated through systematic data collection and analysis, including research on individuals, organizations, and social opinions. The global Edge Computing in Industrial Automation Market is categorized based on type and application. Players, stakeholders, and other participants in the global market can leverage this research as a valuable resource to gain a competitive edge. The segmental study focuses on production capacity, revenue, and forecasts by type and application for the years 2023-2030.
Edge Computing in Industrial Automation Market Challenges and Risks:
The edge computing in industrial automation market faces several challenges and risks. Firstly, ensuring reliable and low-latency communication between edge devices and central systems is critical for real-time decision-making. Network connectivity issues and disruptions can hinder operations. Secondly, managing the vast amount of data generated at the edge and processing it efficiently requires advanced analytics capabilities and optimized edge computing infrastructure. Thirdly, interoperability and standardization of edge devices and protocols remain a challenge, impacting seamless integration and data exchange. Additionally, addressing cybersecurity risks and data privacy concerns is crucial to protect sensitive industrial information. Successful players in this market must prioritize connectivity, data management, interoperability, security, and compliance to excel.
Scope of this Report:
• This report segments the global Edge Computing in Industrial Automation market comprehensively and provides the closest approximations of the revenues for the overall market and the sub-segments across different verticals and regions.
• The report helps stakeholders understand the pulse of the Edge Computing in Industrial Automation market and provides them with information on key market drivers, restraints, challenges, and opportunities.
• This report will help stakeholders to understand competitors better and gain more insights to better their position in their businesses. The competitive landscape section includes the competitor ecosystem, new product development, agreement, and acquisitions.
#Customization Service of the Report:
Infinity Business Insights provides customization of reports as per your need. This report can be personalized to meet your requirements. Get in touch with our sales team, who will guarantee you to get a report that suits your necessities.
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Table of Content: Edge Computing in Industrial Automation Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Edge Computing in Industrial Automation market
Chapter 2: Exclusive Summary - the basic information of the Edge Computing in Industrial Automation Market
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Edge Computing in Industrial Automation Market
Chapter 4: Presenting the Edge Computing in Industrial Automation Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis
Chapter 5: Displaying the by Type, End User and Region/Country 2017-2021
Chapter 6: Evaluating the leading manufacturers of the Edge Computing in Industrial Automation market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2023-2030)
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
finally, Edge Computing in Industrial Automation Market is a valuable source of guidance for individuals and companies.
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Infinity Business Insights is a market research company that offers market and business research intelligence all around the world. We are specialized in offering the services in various industry verticals to recognize their highest-value chance, address their most analytical challenges, and alter their work.
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