Edge Computing Market Research Report

Growth opportunities in the global edge computing market look promising over the next six years. The increase in the number of connected devices worldwide and the significant shift of the population towards the use of high-performance smartphone apps are key factors driving the growth of the global edge computing market.

Introduction of the Edge Computing Market:

Edge computing is a networking philosophy that focuses on bringing computing as close to the source of information as possible to reduce latency and bandwidth use. It means running a small number of cloud processes and moving these processes to the local places, such as the user’s computer, an IoT device, and an edge server. Edge computing helps bring the data storage and computation closer to the devices where it is being collected, rather than depending on a central location, which might be thousands of miles away.

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Edge Computing Market Dynamics (Including market size)

The growth in the adoption of such technology by the telecommunication companies and the increasing penetration of the digital transformation, which has resulted in an upsurge in the implementation of IoT across several organizations, are the major factors fuelling the growth of the global edge computing market. Moreover, a rise in the number of connected devices worldwide and the significant shift of the population towards the use of high-performance smartphone apps are some other factors fuelling the growth of the edge computing market size in the upcoming years.

Edge computing provides numerous benefits such as decreased costs, real time or faster data processing & analysis, reduced network traffic, and increased application efficiency. All these benefits are boosting the demand for edge computing in the market across the world. In addition to this, an upsurge in the number of autonomous vehicles across several countries and the ability of edge computing to facilitate effective data management are the key drivers propelling the growth of the market. On the other hand, growing concerns regarding the security and privacy of the data and the presence of complex infrastructure of the edge computing network will hamper the growth of the global edge computing market.

Key Players of the Global Edge Computing Market:

·        Hewlett Packard Enterprise Development LP

·        Cisco Systems, Inc.

·        Dell Inc.

·        Huawei Technologies Co., Ltd.

·        IBM

·        Nokia

·        FogHorn Systems

·        Amazon Web Services, Inc.

·        MachineShop Inc

·        Saguna Networks Ltd.

Edge Computing Market Segmentation:

Global Edge Computing Market Report Segment by Component:

·        Platform

·        Hardware

·        Services

Global Edge Computing Market Report Segment by Application:

·        Industrial Internet of Things

·        Smart Cities

·        Content Delivery

·        Remote Monitoring

·        Augmented Reality & Virtual Reality

·        Others

Global Edge Computing Market Report Segment by Organization Size:

·        Small & Medium-Sized Enterprises

·        Large Enterprises

Global Edge Computing Market Report Segment by Vertical:

·        Energy & Utilities

·        Manufacturing

·        Telecommunications

·        Government & Defense

·        Retail & Consumer Goods

·        Media & Entertainment

·        Healthcare & Lifesciences

·        Transportation & Logistics

·        Others

Global Edge Computing Market Report Segment by Region:

·        North America

o   United States of America

o   Canada

·        Asia Pacific

o   China

o   Japan

o   India

o   Rest of APAC

·        Europe

o   United Kingdom

o   Germany

o   France

o   Spain

o   Rest of Europe

·        RoW

o   Brazil

o   South Africa

o   Saudi Arabia

o   UAE

o   Rest of the world (remaining countries of the LAMEA region)

About GMI Research

GMI Research is a full-service market research and business-consulting organization that offers global as well as medium and small businesses with bespoke industry and market analysis to help them in making the toughest business decision. We have a team of industry experts that provides unbiased insights on reports to best meet the specific needs of our clients. GMI Research’s analysts rely on secondary research to lay down the foundation of every report. We use not only the internal but also the external databases to cull out relevant information of the industry. Our main aim is to keep our clients abridged of the emerging opportunities and challenges in a wide range of industries. We provide step-by-step assistance to our client, through strategic and consulting services to reach a managerial and actionable decision. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping businesses stay ahead of the curve.

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