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Edge Data Center Market worth $31.28 billion by 2030, growing at a CAGR of 19.15% - Exclusive Report by 360iResearch
Edge Data Center Market | 360iResearch
The Global Edge Data Center Market to grow from USD 9.17 billion in 2023 to USD 31.28 billion by 2030, at a CAGR of 19.15%.
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Edge data centers refer to smaller facilities located close to the customers they serve. They are an extension of traditional data centers and cloud networks designed to deliver data and applications to users with minimal latency. The primary goal of an edge data center is to bring the computing power and data storage closer to the end-user to reduce response times and bandwidth usage. Growth in the edge data center market is driven by factors such as the exponential growth in data consumption, the need for low latency in various applications, and the rapid expansion of IoT devices. Moreover, the shift towards 5G networks amplifies the demand for edge computing solutions to handle the vast influx of data efficiently. However, the edge data center market faces challenges, including the complexities associated with the management and interconnectivity of distributed architectures. Additionally, security concerns associated with the possibility of cyberattacks and data breaches impede the utilization of edge data centers. However, key players are investing in key areas, including improving energy efficiency and thermal management, developing advanced security protocols, and offering scalable solutions to accommodate varying sizes and demands of businesses to improve data security, sustainability, and integration capabilities. Research in automation for maintenance and deployment, along with AI integration for operational enhancement, also stands out as promising areas that could propel industry growth.
The Americas region, particularly the U.S. and Canada, represents an advanced region for edge data centers due to the presence of a developed technological architecture, innovations in data center solutions by key players, and constant advancements in the field of 5G and AI technologies. Consumer need in this region is largely propelled by the rising demand for real-time data processing and low-latency networking required for applications such as IoT, autonomous vehicles, and AI-driven analytics. EU countries exhibit a keen interest in edge data centers due to stringent data sovereignty laws and initiatives for digital transformation. Investments in regions such as the Nordics are bolstered by the availability of renewable energy sources and favorable climate conditions for data center cooling. EU initiatives, such as the General Data Protection Regulation (GDPR), have profound implications on data processing and storage, thereby influencing customer choices. There is also an increase in smart city initiatives and the adoption of smart manufacturing practices, which require edge computing for optimal performance. The APAC region, including China, Japan, and India, is a rapidly advancing sector for edge data centers due to the vast population and burgeoning technology industry. The presence of a robust startup ecosystem also requires the services of edge data centers. Government initiatives for digitalization and automation also drive innovation in the field of edge data centers.
Market Segmentation & Coverage:
This research report categorizes the Edge Data Center Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Components, market is studied across Services and Solutions. The Services is further studied across Consulting, Integration & Implementation, and Managed. The Solutions is further studied across Cooling System, Data Center Infrastructure Management & Analytics, Networking Equipment, and Power Management. The Solutions commanded largest market share of 70.78% in 2023, followed by Services.
Based on Facility Size, market is studied across Large Facility and Small & Medium Facility. The Large Facility commanded largest market share of 77.17% in 2023, followed by Small & Medium Facility.
Based on Verticals, market is studied across Automotive, Banking Financial Services & Insurance, Gaming & Entertainment, Government & Education, Healthcare & Lifesciences, IT & Telecom, Manufacturing, and Retail & eCommerce. The IT & Telecom commanded largest market share of 21.43% in 2023, followed by Banking Financial Services & Insurance.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 41.40% in 2023, followed by Europe, Middle East & Africa.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Edge Data Center Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Edge Data Center Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Edge Data Center Market, highlighting leading vendors and their innovative profiles. These include 365 Data Centers, Amazon Web Services, Inc., American Tower Corporation, AtlasEdge Data Centres, Broadcom, Inc., Cisco Systems, Inc., CommScope Holding Company, Inc., Compass Datacenters, DartPoints, Dell Inc., Digital Realty Trust Inc., Eaton Corporation PLC, Edge Centres Pty Ltd., EdgeConneX, Inc., EdgePresence by Ubiquity, Equinix, Inc., Flexential Corporation, Fujitsu Limited, Google LLC by Alphabet Inc., H5 Data Centers, Hewlett Packard Enterprise Company, HostDime Global Corp., Huawei Technologies Co., Ltd., International Business Machines Corporation, Lumen Technologies, Inc., Microsoft Corporation, NEC Corporation, Nvidia Corporation, Oracle Corporation, Penta C.V., Rittal GmbH & Co. KG, SAP SE, Schneider Electric SE, The Siemon Company, Vapor IO, Inc., Vertiv Group Corporation, and Zhejiang Dusun Electron Co., Ltd..
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Edge Data Center Market, by Components
7. Edge Data Center Market, by Facility Size
8. Edge Data Center Market, by Verticals
9. Americas Edge Data Center Market
10. Asia-Pacific Edge Data Center Market
11. Europe, Middle East & Africa Edge Data Center Market
12. Competitive Landscape
13. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Edge Data Center Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Edge Data Center Market?
3. What is the competitive strategic window for opportunities in the Edge Data Center Market?
4. What are the technology trends and regulatory frameworks in the Edge Data Center Market?
5. What is the market share of the leading vendors in the Edge Data Center Market?
6. What modes and strategic moves are considered suitable for entering the Edge Data Center Market?
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