Press release
Exploring the Edge Data Center Market: Key Segments, Primary Participants, and Emerging Trends
Edge Data Center Market Segments
What Is The Projected Market Size Of The Global Edge Data Center Market And Its Growth Rate?
The unprecedented surge in unstructured data is increasing the demand for edge data centers that facilitate real-time data analytics, storage, and caching. According to a survey conducted by Komprise, a US-based provider of unstructured data management, in August 2022, about 87% of IT leaders were more focused on unstructured data growth, compared to 70% in 2021. This trend is driving the growth of the edge data center market.
What Is Driving The Growth In The Edge Data Center Market?
Edge Data Centers are being revolutionized by sustainability measures. These initiatives aim to manage resources efficiently, making data centers more eco-friendly. This increased focus on sustainability is a key factor driving the growth of the edge data center market.
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Who Are the Key Players Driving Edge Data Center Market Growth?
The significant players in the edge data center market are pursuing strategic partnerships for expanding their offerings. For instance, in March 2023, AtlasEdge, a UK-based data center provider, collaborated with PacketFabric, a US-based enterprise cloud core specialist, to widen cloud access across AtlasEdge's network. This partnership boosts cloud connectivity in Europe and accelerates AtlasEdge's network transition.
What Are The Key Trends In The Edge Data Center Market?
The following are some of the major trends driving the edge data center market:
* Ubiquity Management, LLC, a US-based private Digital infrastructure investor firm, acquired EdgePresence in January 2023. This acquisition aims to boost its portfolio of localized assets adjacent to end-users and provide customers access to sustainable digital infrastructure.
* The rise in unstructured data is compelling edge data centers to facilitate real-time data analytics, storage, and caching to reduce latency and ensure data availability for time-sensitive applications.
What Are The Segments Of The Global Edge Data Center Market?
The edge data center market is segmented broadly based on:
* Component: Solution, Service
* Product Type: General construction, Power management systems, Cooling systems, Security solutions, Racks, and more.
* Data Center Size: Micro Data Centers, Hyperscale or Enterprise Data Center, and others.
* Application: Uses across Banking, Financial Services and Insurance, Telecommunication and IT, Government, Healthcare, Manufacturing, Media and Entertainment, Transportation and Logistics, Hospitality, among other sectors.
Which Region Leads The Edge Data Center Market?
While each region's revenue is a factor of its consumption values generated by businesses in the market, irrespective of where the products are manufactured, it does not account for revenues from resales along the supply chain.
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What Is Covered In The Edge Data Center Global Market Report?
* Market Size Analysis: Analyze the Edge Data Center Market size by key regions, countries, product types, and applications.
* Market Segmentation Analysis: Identify various subsegments within the Edge Data Center Market for effective categorization.
* Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
* Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
* Market Contribution: Evaluate contributions of different segments to the overall Edge Data Center Market growth.
* Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
* Industry Challenges: Analyze challenges and risks affecting the Edge Data Center Market.
* Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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