Press release
Edge Computing Hardware Market to Witness Robust Expansion by 2029
Edge computing hardware market is expected to grow at a significant CAGR during the forecast period. Edge computing refers to the distributed computing paradigm, which is mostly used to bring computing and data storage closer to the location, to improve the response time. The analysis tools used across industries are beginning to drive new levels of performance and productivity. Therefore, the distributed computing paradigm, called edge computing, is gaining traction.Although the adoption is presently not common, over the forecast period, some large enterprises, especially across industries, such as telecom and manufacturing, are expected to use edge computing, especially with IoT. With more than 50 billion connected devices, Huawei predicts that, by 2020, over 50% of data may be analyzed, processed, and stored in the network edge.
The global edge computing hardware market analysis includes some of the key market players such as Microsoft Corporation, Google LLC (Coral.AI), FogHorn Systems, Huawei Technologies Co. Limited, and Cisco Systems Inc. among others. To maintain a strong position in the market, these market players are adopting various strategic moves, such as product launches, partnerships, collaborations, and mergers and acquisitions.
To Request a Sample of our Report on Edge Computing Hardware Market: https://www.omrglobal.com/request-sample/edge-computing-hardware-market
Market Coverage
The market number available for - 2022-2030
Base year- 2022
Forecast period- 2023-2030
Segment Covered
By Component
By Application
By Organization Size
By Vertical
Competitive Landscape: Microsoft Corporation, Google LLC (Coral.AI), FogHorn Systems, Huawei Technologies Co. Limited, and Cisco Systems Inc. among others.
Edge Computing Hardware Market by Segment
By Component
Hardware
Software
Service
By Application
Smart Cities
IIOT
Remote Monitoring
Others
By Organization Size
SMEs
Large Enterprises
By Vertical
Financial and Banking Industry
Retail
Healthcare and Life Sciences
Industrial
Energy and Utilities
Telecommunications
Others
A full Report of Edge Computing Hardware Market is Available at: https://www.omrglobal.com/industry-reports/edge-computing-hardware-market
Edge Computing Hardware Market by Region
North America
United States
Canada
Europe
UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Rest of APAC
Rest of the World
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Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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