Press release
Edge Computing Market Surges to USD 8.93 Billion in 2022, with a CAGR of 38.2% Expected to Propel It to USD 85.96 Billion by 2029
Edge Computing Market
Maximize Market Research Pvt. Ltd., a leading market research firm based in Pune, India, has released its latest market research report on the Global Edge Computing Market. The report provides valuable insights into the market's past and current status, as well as a forecast of market trends and growth potential.
Get to Know More About This Market Study: https://www.maximizemarketresearch.com/market-report/global-edge-computing-market/3405/
The report includes a detailed analysis of market leaders, followers, and new entrants, along with Porter's and PESTEL analysis to assess the impact of micro-economic factors. It provides an invaluable resource for decision-makers seeking a clear view of the industry's future.
Request a Free Sample Copy or View Report Summary:https://www.maximizemarketresearch.com/request-sample/3405
What are Edge Computing Market Dynamics?
Edge computing introduces a layer of complexity to organizations, necessitating the involvement of a diverse set of stakeholders to manage IT infrastructure, connectivity, application development, traffic delivery, and service management. This technology amalgamates hardware, software, and networking architecture to support a wide array of use cases across various industries. As edge computing is still in its early stages of research and deployment, it presents significant growth potential for new entrants. Operational models in this field have yet to solidify, promising further innovation and expansion.
Rise of IoT Across Industries: The proliferation of IoT devices has led to increased reliance on centralized cloud computing and storage solutions. However, migrating entire IT infrastructure to the cloud poses latency and cost challenges. Edge computing, with its localized data processing capabilities, allows organizations to make quicker decisions. For instance, Purdue University partnered with an edge computing solution provider to optimize plant growth and food production processes using IoT sensors, benefiting from wireless and edge computing technologies.
Initial CAPEX for Infrastructure: Enterprises are embracing digitalization and innovative technologies to streamline operations. While edge computing reduces data transmission and storage costs, investing in edge infrastructure contributes to CAPEX. Edge nodes, devices, and data centers are essential investments for comprehensive edge computing solutions. Security measures also add to the overall cost, making some content delivery companies cautious about transitioning to edge computing solely for low-latency processing.
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What is Edge Computing Market Regional Insight?
The North America region claimed the largest market share of 44% in 2022. Manufacturers in the United States are embracing connected manufacturing due to edge computing and Industrial Internet of Things (IIoT) convergence. The region has witnessed the emergence of companies providing platforms for developing edge-enabled solutions, driving market growth.
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What is Edge Computing Market Segmentation?
by Component
Service
Solutions
Hardware
Platform
by Application
Smart Cities
Analytics
Location Services
Data Caching
Augmented Reality
Optimized Local Content
Environmental Monitoring
Others
by Organization Size
Small & Medium Enterprises
Large Enterprises
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Who are Edge Computing Market Key Players?
1. Huawei
2. Vasona Networks
3. Foghorn Systems
4. Cisco Systems
5. Dell
6. Machineshop
7. Nokia Networks
8. Sixsq
9. Saguna Networks
10.Aricent
11.Adilink Technology
12.Juniper Networks, Inc.
13.Hewlett Packard Enterprise Development LP
14.SixSq Sร rl (Switzerland), FogHorn Systems
15.MachineShop Inc.
16.Vapor IO (US)
17.Xiotech Corporation
18.Mirror Image
19.Microsoft Corporation
20.IBM Corporation
21.Cisco Systems Inc.
22.Google Inc.
23.Hewlett Packard Enterprise Company
24.Intel Corporation
25.Schneider Electric SE
Table of content for the Edge Computing Market includes:
Global Edge Computing Market: Research Methodology
Global Edge Computing Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Edge Computing Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape
Market Size, Share, Size & Forecast by different segment |
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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Contact Maximize Market Research:
MAXIMIZE MARKET RESEARCH PVT. LTD.
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Pune Banglore Highway, Narhe
Pune, Maharashtra 411041, India.
โ +91 9607365656
๐ sales@maximizemarketresearch.com
๐ www.maximizemarketresearch.com
About Maximize Market Research:
Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.
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