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Edge Computing Market Forecast: Emerging Trends and Growth Prospects Sector Market Dynamics, Size, and Growth Report 2024 - 2031 | Nokia Corporation, Huawei Technologies Co. Ltd

09-09-2024 07:25 AM CET | IT, New Media & Software

Press release from: Coherent Market Insights Pvt Ltd

Edge Computing Market

Edge Computing Market

The latest market intelligence report published by CMI with the title "Global Edge Computing Market 2024, Growth Opportunities, and Forecast" provides actionable insights on Information and Communication Technology industry. The report provides demand analysis, industry insights, competitive intelligence, and customer database.

The Research report on Edge Computing Market presents a complete judgment of the market through strategic insights on future trends, growth factors, supplier landscape, demand landscape, Y-o-Y growth rate, CAGR, pricing analysis. It also provides and a lot of business matrices including Porters Five Forces Analysis, PESTLE Analysis, Value Chain Analysis, 4 Ps' Analysis, Market Attractiveness Analysis, BPS Analysis, Ecosystem Analysis.

Do you think, if this report could be of your interest? If yes, request Sample Copy of this Report: https://www.coherentmarketinsights.com/insight/request-sample/1188

*Note: Sample of the report provides details on the scope and coverage, table of contents, research methodology, and Sample Framework of the report. Actual report of 150+ is available for purchase to all the interested stakeholders.

***key Trends***

IoT and Edge Computing Convergence: The Internet of Things (IoT) and edge computing are converging, with edge computing providing the necessary infrastructure to process and analyze data closer to the source, reducing latency and bandwidth requirements.

5G and Edge Computing: The rollout of 5G networks is driving the growth of edge computing, as the increased speed and reduced latency of 5G enable more efficient processing of data at the edge.

AI and Machine Learning at the Edge: There is a growing trend of deploying AI and machine learning models at the edge to enable real-time data processing and decision-making without relying on centralized cloud resources.

Edge Computing in Industrial Automation: Edge computing is being increasingly adopted in industrial automation to improve efficiency, reduce downtime, and enable predictive maintenance through real-time data analysis.

Edge Security Solutions: As more data processing moves to the edge, there is a growing need for robust security solutions to protect edge devices and data from cyber threats.

Edge Computing in Smart Cities: Smart city initiatives are leveraging edge computing to manage and analyze data from various sources, such as traffic cameras, sensors, and other IoT devices, to improve urban services and efficiency.

Detailed Segmentation and Classification of the report (Market Size and Forecast - 2031, Y-o-Y growth rate, and CAGR):

On the basis of component, the global edge computing market is segmented into:
Hardware
Solutions
Platform
Services

On the basis of organization size, the global edge computing market is segmented into:
Small and Medium Enterprises
Large Enterprises

On the basis of application, the global edge computing market is segmented into:
Smart Cities
Data Caching
Analytics
Location Services
Environmental Monitoring
Optimized Local Content
Augmented Reality
Others (Asset Tracking and Video Surveillance)

On the basis of end-user industry, the global edge computing market is segmented into:
Government and Public
Manufacturing
Media and Entertainment
Healthcare
Telecom and IT
Transportation
Energy and Utilities
Retail
Others (Hospitality, BFSI, and Education)

• By Regions and Countries
o North America
o Europe
o Asia-Pacific
o South America
o Middle East & Africa

Following are the players analyzed in the report:

Major players operating in the global edge computing market include Microsoft Corporation, IBM Corporation, Cisco Systems Inc., Google Inc., Hewlett Packard Enterprise Company, Intel Corporation, Schneider Electric SE, Nokia Corporation, Huawei Technologies Co. Ltd., and Aricent Inc.

Want to access more insights? The journey starts from requesting Sample: https://www.coherentmarketinsights.com/insight/request-sample/1188

*Note: Sample of the report provides details on the scope and coverage, table of contents, research methodology, and Sample Framework of the report. Actual report of 150+ is available for purchase to all the interested stakeholders.

Deep-dive Analysis:

The Report provides deep-dive qualitative and quantitative analysis on Edge Computing Market for all the regions and countries covered below:

● North America (the United States, Canada, and Mexico
● Europe (Germany, France, Italy, United Kingdom, SCANDIVAN, Benelux, Russia, and Rest of Europe)
● Asia-Pacific (Japan, South Korea, India, China, Southeast Asia, and Australia)
● South America (Brazil, Argentina, and Rest of South America)
● Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa, and Rest of the Middle East & Africa)

Each Country is covered in detail, and report provides qualitative and quantitative analysis on Edge Computing Market on each country.

The research provides answers to the following key questions:

1.What is the estimated growth rate of the market for the forecast period 2024-2031? What will be the market size during the estimated period?
2.What are the key driving forces responsible for shaping the fate of the Edge Computing market during the forecast period?
3.Who are the major market vendors and what are the winning strategies that have helped them occupy a strong foothold in the Edge Computing market?
4.What are the prominent market trends influencing the development of the Edge Computing market across different regions?
5.What are the major threats and challenges likely to act as a barrier in the growth of the Edge Computing market?
6.What are the major opportunities the market leaders can rely on to gain success and profitability?

Get access to the latest Edition of this Market Study (comprising 150+ pages): https://www.coherentmarketinsights.com/insight/buy-now/1188

Key insights provided by the report that could help you take critical strategic decisions?

● Regional report analysis highlighting the consumption of products/services in a region also shows the factors that influence the market in each region.
● Reports provide opportunities and threats faced by suppliers in the Edge Computing and tubes industry around the world.
● The report shows regions and sectors with the fastest growth potential.
●A competitive environment that includes market rankings of major companies, along with new product launches, partnerships, business expansions, and acquisitions.
●The report provides an extensive corporate profile consisting of company overviews, company insights, product benchmarks, and SWOT analysis for key market participants.
●This report provides the industry's current and future market outlook on the recent development, growth opportunities, drivers, challenges, and two regional constraints emerging in advanced regions.
●This report provides the industry's current and future market outlook on the recent development, growth opportunities, drivers, challenges, and two regional constraints emerging in advanced regions.

Author of this marketing PR:

Priya Pandey is a dynamic and passionate PR writer with over three years of expertise in content writing and proofreading. Holding a bachelor's degree in biotechnology, Priya has a knack for making the content engaging. Her diverse portfolio includes writing contents and documents across different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. Priya's meticulous attention to detail and commitment to excellence make her an invaluable asset in the world of content creation and refinement.

(LinkedIn- https://www.linkedin.com/in/priya-pandey-8417a8173/)

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Phone: US +12067016702 / UK +4402081334027
Email: sales@coherentmarketinsights.com

About Us:

Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.

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