Press release
Edge Computing Market to Witness Huge Growth by 2031 - Amazon Web Services (AWS), Inc., Aricent, Inc., Atos, Cisco Systems, Inc., General Electric Company, Hewlett Packard Enterprise Development
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The Edge Computing market report majorly focuses on market trends, historical growth rates, technologies, and the changing investment structure. Additionally, the report shows the latest market insights, increasing growth opportunities, business strategies, and growth plans adopted by major players. Moreover, it contains an analysis of current market dynamics, future developments, and Porter's Five Forces Analysis.
Edge computing refers to a distributed computing paradigm where data processing and storage are performed closer to the data source, such as IoT devices, sensors, and local computers, rather than relying solely on centralized data centers or cloud computing services. By processing data locally at the edge of the network, edge computing reduces latency, improves response times, and conserves bandwidth. It enables real-time data analysis, supports applications that require low latency or offline operation, and enhances privacy and security by keeping sensitive data closer to where it is generated. Edge computing is increasingly important in applications such as IoT, autonomous vehicles, industrial automation, and augmented reality (AR) where rapid data processing and decision-making are critical.
Forecast Growth Projected:
The Global Edge Computing Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
List of the Key Players in the Edge Computing Market:
Amazon Web Services (AWS), Inc., Aricent, Inc., Atos, Cisco Systems, Inc., General Electric Company, Hewlett Packard Enterprise Development, Honeywell International Inc., Huawei Technologies Co., Ltd., IBM Corporation
Segment Covered in the Edge Computing Market:
By Component: Hardware, Software, Service, Others
By Organization Size: Large enterprises, SMEs
By Application: Industrial IoT, Remote monitoring, Content delivery, AR/VR, Others
By End-User: IT & Telecom, BFSI, Manufacturing, Healthcare, Retail, Others
Regional Analysis:
The global Edge Computing Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.
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Regional Analysis:
The global Edge Computing Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Edge Computing Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.
Chapter Outline:
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: key insights, key emerging trends, etc.
Chapter 3: Manufacturers competitive analysis, detailed analysis of Edge Computing manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 5 & 6: Revenue of Edge Computing in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: The main points and conclusions of the report.
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FAQs
How big is the Edge Computing Market?
The Edge Computing Market size was USD $ 47.0 billion in 2023. It is expected to reach USD $ 156.2 billion by 2031.
How fast is the Edge Computing Market growing?
The Edge Computing Market will exhibit a CAGR of 16.3% during the forecast period, 2024-2031.
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