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Hyperscale Edge Computing Market 2023-2032: Industry Share, Growth Rate, Business Outlook And Major Players | Hewlett Packard Enterprise, Amazon Web Services Inc., Cisco Systems Inc., Dell Inc., Google LLC
Hyperscale Edge Computing Market
The Business Research Company's Hyperscale Edge Computing Global Market Report 2023 identifies The increasing number of edge data centers as the major driver for the Hyperscale Edge Computing Market's growth in the forecast period. Edge data centers are smaller, decentralized facilities that offer computing and storage in a place nearer to where data is being generated and used, where by lowering latency and maximizing bandwidth, these facilities make new applications possible. Hyperscale edge computing is used in edge data centers to provide scalability of IT infrastructure to increase the computational ability of data centers, networking infrastructure, or storage resources to respond to demands to comprehensive data analysis that leads to better insights, quicker response times and improved user experiences.
The global hyperscale edge computing market size is expected to grow from $2.57 billion in 2022 to $3.40 billion in 2023 at a compound annual growth rate (CAGR) of 32.5%. 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 global hyperscale edge computing market size is expected to grow to $10.84 billion in 2027 at a CAGR of 33.6%.
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Major competitors in the hyperscale edge computing market are Hewlett Packard Enterprise, Amazon Web Services Inc., Cisco Systems Inc., Dell Inc., Google LLC, Huawei Technologies Co. Ltd., International Business Machines Corporation, Intel Corporation, Microsoft Corporation, ADLINK Technology Inc., SAP SE, Celestica Inc., Capgemini SE, ClearBlade Inc., Digi International Inc., Yokogawa Electric Corporation, Rittal GmbH & Co. KG, Siemens AG and eInfochips Inc.
A key trend in the Hyperscale Edge Computing Market includes Strategic partnerships. Major companies operating in the hyperscale edge computing market are focused on partnership and collaboration to strengthen their position in the market. For instance, in February 2021, Hewlett Packard Enterprise Company, a US-based company operating in the hyperscale edge computing market, partnered with Microsoft Corporation, a US-based technology corporation for an undisclosed amount. Through this partnership, Hewlett Packard Enterprise Company aims to deliver edge computing, artificial intelligence (AI)and Azure cloud computing capabilities on the International Space Station (ISS).
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The Hyperscale Edge Computing Market is segmented -
By Component: Hardware, Software, Service
By Enterprise Size: Small and Medium Size Enterprises (SMEs), Large Enterprises
By Application: Industrial IoT, Content Delivery, AR (Augmented Reality) Or VR (Virtual Reality), Remote Monitoring, Other Applications
By End-User: IT (Information Technology) And Telecom, Government, Healthcare, BFSI (Banking, Financial Services And Insurance), Retail, Utility, Manufacturing, Other End-Users
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Hyperscale Edge Computing Market.
The Business Research Company's "Global Hyperscale Edge Computing 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 Hyperscale Edge Computing Market Include:
1. Executive Summary
2. Hyperscale Edge Computing Market Characteristics
3. Hyperscale Edge Computing Market Trends And Strategies
4. Hyperscale Edge Computing Market - Macro Economic Scenario
5. Hyperscale Edge Computing Market Size And Growth
……
26. Africa Hyperscale Edge Computing Market
27. Hyperscale Edge Computing Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Hyperscale Edge Computing Market
29. Hyperscale Edge Computing Market Future Outlook and Potential Analysis
30. Appendix
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