Press release
Industrial Edge Market Accelerated by Technological Advancements in Smart Manufacturing and IoT as per Stellar Market Research
Industrial Edge Market
Industrial Edge Market size is valued at USD 20.31 billion in 2024. Global Industrial Edge Market revenue is expected to grow at a CAGR of 16.3% from 2054 to 2020, reaching nearly USD 67.97 billion by 2032.
About the Market
Industrial Edge brings computing and analytics directly to industrial sites, merging IT and OT for real‐time decision‐making. Over 3,000 firms leverage edge for faster processing, automation, cost savings, and enhanced security. Fueled by IIoT, AI, and 5G, the market hit USD 20.31 billion in 2024 and is projected to grow at a 16.3% CAGR to USD 67.97 billion by 2032. Leading investors include Siemens, AWS, Microsoft, IBM, Cisco, and Schneider Electric.
To know the most attractive segments, click here for a free sample of the report: https://www.stellarmr.com/report/req_sample/industrial-edge-market/2593
Industrial Edge Market Segment Analysis
In 2024, Hardware Segment Held the Dominant Position with A Share of Above 38% While On-Premise Deployment Segment Dominated the Industrial Edge Market In 2024 and accounted for 42% Of the Global Revenue Share.
By Component
Hardware
Software
Services
By Deployment Mode
On-Premise
Cloud-based/Hybrid
By Organization Size
Large Enterprises
Small & Medium Enterprises (SMEs)
Get More Information Click Here: https://www.stellarmr.com/report/industrial-edge-market/2593
By Industry Vertical
Manufacturing
Energy & Utilities
Transportation & Logistics
Healthcare
Oil & Gas
Automotive
Industrial Edge Market Regional Insights
In 2024, North America held the largest revenue share in the Industrial Edge Market, contributing approximately 41.2%, followed by Asia Pacific as the second-largest region with around 23.3% of the market share. North America's dominance in edge computing is driven by advanced infrastructure, early adoption, high R&D investment, data privacy concerns, and 5G growth. Asia Pacific, with its population growth, digital investments, and smart manufacturing, is rapidly expanding.
Market key players Fueling industry evolution
These companies are leading the Industrial Edge Market, demonstrating strong financial performance and strategic investments in product development and market expansion:
Siemens AG - $82.5 billion
Dell Technologies Inc. - $102.3 billion
Hewlett Packard Enterprise (HPE) - $8.5 billion (Q4 FY 2024)
Intel Corporation - $63.05 billion
Schneider Electric SE - $41.5 billion
To know the most attractive segments, click here for a free sample of the report: https://www.stellarmr.com/report/req_sample/industrial-edge-market/2593
New Related Markets Published by Maximize Market Research.
Industrial Internet of Things (IIOT) for Automotive Market: Industrial Internet of Things (IIOT) for Automotive Market size was valued at US$ 4.80 Billion in 2024 and the total Industrial Internet of Things (IIOT) for Automotive Market revenue is expected to grow at 33% through 2024 to 2032, reaching nearly US$ 47.00 Billion.
Artificial Intelligence as a Service Market: Artificial Intelligence as a Service Market size was valued at US$ 20.04 Billion in 2024 and the total Artificial Intelligence as a Service revenue is expected to grow at 39% through 2025 to 2032, reaching nearly US$ 279.31 Billion.
IoT Analytics Market: IoT Analytics Market size was valued at US$ 63.13 Billion in 2024 and the total Market revenue is expected to grow at 29.8% through 2025 to 2032, reaching nearly US$ 508.70 Billion.
Contact Stellar Market Research:
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About Stellar Market Research:
Stellar Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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