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Edge Data Center Market Report 2023-2032: Market Size, Growth, Share And Industry Forecast | 365 Data Centers Services LLC, Compass Datacenters LLC, DC BLOX Inc., Eaton Corp. PLC., Fujitsu Ltd
Edge Data Center Market
The Business Research Company's Edge Data Center Global Market Report 2023 identifies Rising internet penetration and rapid digitization as the major driver for the Edge Data Center market's growth in the forecast period. The relationship between the number of internet users in each country and its demographic data is called internet penetration, and the process of transforming information into a computer-readable format is known as digitization.
The global edge data center market size grew from $9.18 billion in 2022 to $11.55 billion in 2023, at a compound annual growth rate (CAGR) of 25.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The edge data center market size is expected to grow to $28.44 billion in 2027 at a CAGR of 25.3%.
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Major competitors in the Edge Data Center market are 365 Data Centers Services LLC, Compass Datacenters LLC, DC BLOX Inc., Eaton Corp. PLC., Fujitsu Ltd.
A key trend in the Edge Data Center market includes technological advancement. Major companies operating in the edge data center market are focused on developing new technological solutions to strengthen their position in the market. For instance, in March 2020, Schneider Electric, a France-based company, released the EcoStruxure Edge Data Center C-Series 43U based on intelligent cooling technology. The 43U C-Series offers clever cooling technology for increased protection and energy efficiency and is the only solution on the market that dynamically switches between three cooling modes based on the system's current needs. The new edge data center cooling system is their largest, fully-equipped model, effectively eliminating the need for a dedicated IT room and saving up to 20% of time. End-users will save up to 40% on field engineering costs and 7% on maintenance costs, by integrating this cooling system with their data centers.
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https://www.thebusinessresearchcompany.com/report/edge-data-center-global-market-report
The Edge Data Center market is segmented -
1. By Component: Solution, Service
2. By Product Type: General construction, Power management systems, Cooling systems, Security solutions, Racks, Other Product Types
3. By Data Center Size: Micro Data Centers, Hyperscale or Enterprise Data Center, Other Data Center Sizes
4. By Application: Banking, Financial Services and Insurance, Telecommunication and IT, Government, Healthcare, Manufacturing, Media and Entertainment, Transportation and Logistics, Hospitality, Other Applications
5. By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Edge Data Center market.
The Business Research Company's "Global Edge Data Center Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Edge Data Center Market Include:
1. Executive Summary
2. Edge Data Center Market Characteristics
3. Edge Data Center Market Trends And Strategies
4. Edge Data Center Market - Macro Economic Scenario
5. Edge Data Center Market Size And Growth
……
26. Africa Edge Data Center Market
27. Edge Data Center Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Edge Data Center Market
29. Edge Data Center Market Future Outlook and Potential Analysis
30. Appendix
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