Global Edge Computing Market by End User (Industrial, Residential, Commercial, Utility), By Application (Location Services, Smart Cities, Data Caching, Augmented Reality, Analytics), By Technology (Mobile Edge, Fog), By Size (SMEs, Large), By Component (Hardware, Platform, Solution), By Industry (Retail, IT & Telecommunication, Manufacturing, Healthcare, Energy & Utilities, Consumer Appliances, Transportation and Logistics & Media and Entertainment) and by Geography – Opportunities & Forecast, 2018-2025
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Edge computing is a next evaluation of cloud computing with real time sensing and decision-making technology. It assists real-time applications at the edge of the network to process and analyse data collected from various sensors and connected devices. Instead of transferring the data to the cloud or data centres, the transmitted data is stored on the edge of the network. Autonomous car, live video is the example of edge computing.
The key factor of this technology is large storage capacity than cloud computing. Massive amount of data can be stored and handled. Edge computing solutions help to enhance the data processing power by reducing latency, which further aid in avoiding delays. Growing limitations and improving energy efficiency of front-end Internet of Things (IoT) devices is one of the key factors for market growth. The development of 5G telecommunication network is one of the key emerging trends in the Global edge computing market. Optimization of network traffic sustainable usage are other key drivers for market growth. Edge computing is majorly used in retail, healthcare, IT & Telecommunications and life science segment. Because of high scalability and network flexibility of edge computing, decision making process is improved. Apart from this, security and privacy concerns restraints to edge computing.
Some of the major key players operating in the global edge computing market are General Electric, SAP SE, Amazon Web Services Inc. (AWS), Microsoft, Cisco Systems, Inc., Hewlett Packard Enterprise Development LP, Huawei Technologies Co. Ltd., International Business Machines (IBM), Intel Corporation, Dell, Nokia networks, SixSq Sàrl, Juniper Networks Inc.
The Global Edge computing Market has been segmented on the basis of application, technology, industry, organization size and key geographies. The research report “Global Edge computing Market” provides in-depth analysis of global Edge computing Market based on application, technology, industry, organization size and major geographies for the forecast period from 2018 to 2025. The report also highlights the major market drivers propelling the growth as well as challenges faced by market participants. The research report provides market size and forecast for the global Edge computing Market. In addition, the report also analyses the competitive landscape, major players and their strategies in 2018. The competitive landscape section of the report captures and highlights the recent developments in the market.
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Key questions answered in this research report:
1- At what pace is Edge computing Market growing? What will be growth trend in future?
2- What are the key drivers and restraints in the current market? What will be the impact of drivers and restraints in the future?
3- What are the regional revenue and forecast breakdowns? Which are the major regional revenue pockets for growth in the Edge computing Market?
4- What are the various application areas and how they are poised to grow?
• By End User
• By Application
o Location Services
o Smart Cities
o Data Caching
o Augmented Reality
• By Technology
o Mobile Edge Computing
o Fog Computing
• By Organization Size
o Small & Medium Enterprises (SMEs)
o Large Enterprises
• By Component
• By Industry
o IT & Telecommunication
o Energy & Utilities
o Consumer Appliances
o Transportation and Logistics
o Media and Entertainment
• By Geography
o North America
o Latin America
o Middle East and Africa
Leading Market Players
• General Electric
• SAP SE
• Amazon Web Services Inc. (AWS)
• Cisco Systems, Inc.
• Hewlett Packard Enterprise Development LP
• Huawei Technologies Co. Ltd.
• International Business Machines (IBM)
• Intel Corporation
*Other prominent players in the market which can be profiled as a part of customization:
• Nokia networks
• SixSq Sàrl
• Juniper Networks Inc.
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