Edge Computing is a distributed information technology (IT) architecture in which client data is processed at the periphery of the network, as close to the originating source as possible. The move toward edge computing is driven by mobile computing, the decreasing cost of computer components and the sheer number of networked devices in the internet of things (IoT).
Depending on the implementation, time-sensitive data in an edge computing architecture may be processed at the point of origin by an intelligent device or sent to an intermediary server located in close geographical proximity to the client. Data that is less time sensitive is sent to the cloud for historical analysis, big data analytics and long-term storage.
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The tremendous growth in data generated from multiple sources across different applications. The rise in real-time applications has contributed to the growth of edge computing market. Increasing load on cloud infrastructure has encouraged enterprises to adopt and implement edge computing solutions. The small and medium enterprises (SMEs) segment is expected to grow at a higher CAGR during the forecast period. SMEs have been majorly dependent on data centers to process and analyze their data.
Top Leading Players In Edge Computing – Aricent, Inc, Amazon Web Services, Inc., Cisco Systems, Inc., General Electric, Hewlett Packard Enterprise Development LP, Huawei Technologies Co., Ltd, IBM, Intel Corporation, Microsoft SAP SE and so on.
Global Edge Computing Market to reach USD 16.9 billion by 2025.
Global Edge Computing Market valued approximately USD 1.5 billion in 2017 is anticipated to grow with a healthy growth rate of more than 35.40 % over the forecast period 2017-2025.
Edge computing can also benefit remote office/branch office (ROBO) environments and organizations that have a geographically dispersed user base.
A major benefit of edge computing is that it improves time to action and reduces response time down to milliseconds, while also conserving network resources.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study.
Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
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Segments Included In This Report :-
Technology In Edge Computing :
- Mobile Edge Computing
- Fog Computing
Organization Size in Edge Computing :
- Large Enterprise
Vertical In Edge Computing :
- Energy and Utilities
- IT & Telecom
- Healthcare & Lifesciences
- Consumer Appliances
- Transportation & Logistics
The regional analysis of Global Edge Computing Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World.
North America is expected to hold the largest market share and dominate the edge computing market from 2018 to 2025.
APAC region is considered to provide high growth opportunities for edge computing vendors
Furthermore, years considered for the study are as follows:
- Historical year – 2015, 2016
- Base year – 2017
- Forecast period – 2018 to 2025
Target Audience of the Global Edge Computing Market in Market Study:
- Key Consulting Companies & Advisors
- Large, medium-sized, and small enterprises
- Venture capitalists
- Value-Added Resellers (VARs)
- Third-party knowledge providers
- Investment bankers
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