Edge Computing Market Industry Size, Cost Estimation, Growth Rate, Covid-19 Impact, Type, Applications, Sales And Forecast Till 2029

Published: 2024-02-11
Views: 54
Author: Shitalmax
Published in: Business

Edge Computing Market Overview:

This study aims to give a comprehensive analysis of the Edge Computing market by geography, industry, and segments. The report offers comprehensive details on the key elements driving the expansion of the Edge Computing sector. The value chain of the market is also thoroughly examined in this report.

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Market Scope:

The first step in the research process used to evaluate and forecast the Edge Computing market is obtaining revenue information from important suppliers using secondary research sources. Vendor offerings are taken into account while developing market segmentation. The income of large firms was used to estimate the overall size of the Edge Computing market using the bottom-up methodology.

Dynamics:

IoT adoption is rising across industries: As IoT develops, organizations are depending more and more on centralized cloud computing and storage solutions. The entire IT infrastructure migration is rife with latency and expense issues. Because of this, companies utilizing IoT actuators, sensors, and other devices are depending more and more on edge computing solutions, such as edge nodes, devices, and hyper-localized data centers.

By enabling data processing to happen closer to the data source, edge computing enhances the current cloud paradigm and enables businesses to make decisions more quickly. Purdue University, for instance, collaborated with an edge computing solution provider to use Internet of Things (IoT) sensors and devices to study and enhance plant growth and food production operations.

Segmentation:

The smart city segment is expected to hold the highest proportion of xx% in 2022, according to the application. Thanks to edge computing, manufacturers have successfully completed the digitization of their facilities. Device edge is the primary form of edge computing used in the manufacturing industry. The need for edge infrastructure capabilities is predicted to increase as service complexity increases and the infrastructure edge becomes more accessible. Furthermore, by creating a framework for modifying manufacturing in reaction to industry changes, the Industry 4.0 initiative paves the way for edge deployment.
The energy and utilities sector had the biggest proportion (17%) across all verticals in 2022.

by Component

Service
Solutions
Hardware
Platform

by Application

Smart Cities
Analytics
Location Services
Data Caching
Augmented Reality
Optimized Local Content
Environmental Monitoring
Others

by Organization Size

Small & Medium Enterprises
Large Enterprises

by Vertical

Manufacturing
Transportation
Healthcare
Media & Entertainment
Telecom & IT
Government & Public
Energy & Utilities
Retail
Others

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Key Players: the key players are:

1. Huawei
2. Vasona Networks
3. Foghorn Systems
4. Cisco Systems
5. Dell
6. Machineshop
7. Nokia Networks
8. Sixsq
9. Saguna Networks
10.Aricent
11.Adilink Technology
12.Juniper Networks, Inc.
13.Hewlett Packard Enterprise Development LP
14.SixSq Sàrl (Switzerland), FogHorn Systems
15.MachineShop Inc.
16.Vapor IO (US)
17.Xiotech Corporation
18.Mirror Image
19.Microsoft Corporation
20.IBM Corporation
21.Cisco Systems Inc.
22.Google Inc.
23.Hewlett Packard Enterprise Company
24.Intel Corporation
25.Schneider Electric SE

Regional Analysis:

Market share information for North America, Europe, Asia-Pacific, the Middle East, and Africa, and South America are available separately. Maximize analysts assess competitive strengths and conduct competitive analysis on each rival separately.

A detailed Market Overview

Market Share, Size & Forecast by Revenue | 2023−2029
Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
Market Segmentation – A detailed analysis by segments and sub-segments
Regional Insights
Competitive Landscape – Top Key Vendors and Other Prominent Vendors
About Maximize Market Research

Key Questions Answered in the Edge Computing Market Report are:

Which market segment held the biggest share in Edge Computing?
How is the Edge Computing market's competitive environment?
Which are the main elements influencing the growth of the Edge Computing market?
Which area of the Edge Computing market has the most share?
What will the Edge Computing market's compound annual growth rate be between 2023 and 2029?

Key Offerings:

Historical Market Size and Competitive Environment (2021–2023)
Historical pricing and regional price curves (2021–2023)
The market's size, share, size, and forecast for each segment from 2023 to 2029

Market Dynamics: Regional Growth Drivers, Opportunities, Barriers, and Important Trends
Market segmentation: a thorough examination of each segment, along with its sub-segments, by region
Competitive Landscape: Strategically oriented profiles of a few major companies broken down by area
Market leaders, market followers, and regional players make up the competitive landscape.
Comparative analysis of major players by geographical area
PESTLE Evaluation
PORTER's evaluation
Analysis of supply chains and value chains
Regional Legal Aspects of Business
profitable business prospects using SWOT analysis
Advice

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