Press release
Edge Computing Market Opportunities: Growth Drivers, Industry Applications, and Market Forecast to 2031
Edge Computing Market
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This Edge Computing Market report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future. Production and consumption patterns are being carefully compared to forecast the Edge Computing Market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth. The Edge Computing Market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. To determine the growth of the Edge Computing Market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
Market Segmentation:
Component
Hardware (Edge Servers {Edge Compute Nodes, Edge Storage devices}, Edge Gateways {Industrial Edge Gateways, IoT Edge Gateways, Cloud Edge Gateways}, Edge Sensors {Temperature Sensors, Humidity Sensors, Pressure Sensors, Motion Sensors}, Edge Devices {Industrial PCs (IPCs), Single-Board Computers (SBCs), Microcontrollers}), Software (Data Management {Data Processing, Data Analytics, Data Storage, Data Security}, Device Management {Device Provisioning, Firmware And Software Updates, Device Monitoring, Device Security}, Application Management {Application Deployment, Workflow Automation, Service Orchestration, Application Security}, Network Management {Connectivity Management, Performance Monitoring, Network Optimization, Network Security}), and Services (Professional Services {Consulting, Implementation, Support & Maintenance}, Managed Services)
Organization Size
Large Enterprises, and Small and Medium-Sized Enterprises (SMEs)
Application
Real-time Data Processing & Analytics (Stream Processing, Complex Event Processing (CEP), Data Fusion), Predictive Maintenance & Optimization (Predictive Maintenance, Performance Optimization, Resource Allocation), IoT & Sensor Data Utilization (IoT Device Management, Sensor Data Analysis, Edge-to-cloud Integration), Remote Monitoring & Management (Device Monitoring, Command and Control, Alerting and Notification), Personalized Customer Experiences (User Behaviour Analysis, Contextual Content Delivery, Predictive Recommendations), and Others
Vertical
Manufacturing (Quality Control, Process Optimization, Remote Equipment Monitoring, Condition-based Monitoring, Supply Chain Optimization), Energy & Utilities (smart Grids, Fault Detection, Distributed Energy Management, Energy Optimization, Pipeline Optimization), Government & Defense (Smart Cities, Traffic Management, Environmental Monitoring & Pollution Control, Public Safety & Emergency Response, Border Surveillance & Security), Telecommunications (Network Optimization, Mobile Edge Computing (MEC), Content Delivery Networks (CDNS), Network Slicing, Edge Caching), Media & Entertainment (Personalized Content Recommendation, Real-Time Video Streaming, Edge-Based Gaming, Virtual Production, Interactive Live Events), Retail & Consumer Goods (Real-Time Inventory Management, Personalized Marketing, In-store Analytics, Smart Checkout, Dynamic Pricing), Transportation & Logistics (Fleet Management, Route Optimization, Real-time Cargo Monitoring, Warehouse Automation, Autonomous Vehicles), Healthcare & Life Sciences (Remote Patient Monitoring, Smart Hospitals, Secure Data Processing, Wearable Health Devices, Genomic Analysis at the Edge), and Others
Key Players Covered in the Report:
Amazon Web Services (US)
Dell Technologies, Inc. (US)
General Electric Company (US)
Fujitsu Ltd. (Japan)
Hewlett Packard Enterprise Company (US)
IBM Corporation (US)
Juniper Networks, Inc. (US)
NXP Semiconductors N.V. (Netherlands)
Schneider Electric SE (France)
SAP SE (Germany)
Tencent Holdings Limited (China)
Vodafone Group Plc (UK)
Siemens AG (Germany)
Verizon Communications Inc. (US)
Cisco Systems, Inc. (US)
Huawei Technologies Co., Ltd. (China)
Intel Corporation (US)
Microsoft Corporation (US)
Nokia Corporation (Finland)
Oracle Corporation (US)
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Essential regions of the Edge Computing market are:
• Edge Computing North America Market includes (Canada, Mexico, USA)
• Edge Computing Europe Market includes (Germany, France, Great Britain, Italy, Spain, Russia)
• Edge Computing Asia-Pacific Market includes (China, Japan, India, South Korea, Australia)
• Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa)
• Edge Computing South America Market includes (Brazil, Argentina)
FAQs: -
1. What are the sales, production, consumption, imports, and exports of the global market (North America, Europe, Asia-Pacific, South America, Middle East, and Africa)?
2. Who are the major manufacturers who dominate the world market?
3. What are their current capacity, production, sales, pricing, cost, gross, and revenue operating levels?
4. What are the market's risks and opportunities?
What's more, it likewise covers the request and give of the promoting research concentrate in the assessed figure time frame. Explained investigation of the market players with their profile, deals examination and serious scene is given in the report. Besides, organization, joint effort and consolidations in the business are referenced for the accommodation of the investigation of the global Edge Computing industry.
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Objectives of the Study:
• To forecast the market size, in terms of value, for various segments with respect to five main regions, namely, North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), Middle East & Africa (MEA)
• To provide detailed information regarding the major factors influencing the growth of the Market (drivers, restraints, opportunities, and challenges)
• To strategically analyze the micro markets with respect to the individual growth trends, future prospects, and contribution to the total market
• To provide a detailed overview of the value chain and analyze market trends with the Porter's five forces analysis
• To analyze the opportunities in the market for various stakeholders by identifying the high-growth Segments
• To identify the key players and comprehensively analyze their market position in terms of ranking and core competencies, along with detailing the competitive landscape for the market leaders
• To analyze competitive development such as joint ventures, mergers and acquisitions, new product launches and development, and research and development in the market
Looking ahead, the Edge Computing Market is poised for continued growth, driven by evolving consumer preferences and ongoing innovations. The trend towards sustainability is expected to strengthen, with more consumers seeking products that align with their values. Additionally, the integration of advanced technologies and digital platforms will likely further enhance market accessibility and consumer engagement. The global Edge Computing Market is a dynamic and evolving landscape, shaped by a confluence of trends and factors.
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Table of Contents
Global Edge Computing Market Research Report 2024-2031
Chapter 1 Edge Computing Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global Edge Computing Market Forecast
...
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