Global Edge Computing Market – Size, Outlook, Trends and Forecast (2024 – 2032)

Edge computing is the process of cloud computing system by allowing some of its services or data to another extreme of the internet which leads to contact with the physical world. Global edge computing market size was valued at $1.59 billion in 2017 and is estimated to reach $18.09 billion by 2025 with the CAGR of 35.56% during 2019-2025. The growth of edge computing market is attributed by rising vast range of applications across industries, increasing numerous amount of intelligent applications, growing adoption of cloud infrastructure, rising emphasis on cost & time management and extension of IoT data & competitive rivalry. However, concerns on data security & privacy issues, the existence of poor connectivity of IoT devices, non-adoptive machine types of communication and consisting of high latency and low spectral efficiency are hindering the market. Upcoming of 5G network and implementation of cloud computing across organisations will provide an opportunity for Edge Computing market.

Research Study Objectives:

• Define, estimate, and forecast the Edge Computing Market statistics by component, organisation size, technology, application, end users and regions concerning the individual growth drivers, market trends and their contribution toward the Edge Computing Market growth
• Provides comprehensive information regarding the key factors influencing the market growth (Drivers, Restraints & Challenges, and Opportunities)
• Estimate & forecast the market size of all the segments concerning geographies including North America, Europe, Asia Pacific (APAC), South America and the Middle East and Africa (MEA).
• Recent competitive developments including M&A (mergers and acquisitions), partnerships, and product innovations are provided in the edge computing market analysis report.
• Analysis and conclusions on the future edge computing market outlook.

Top-down and bottom-up approaches are used to validate the edge computing market size and are used to estimate the size of other dependent submarkets. Key players in the market are identified through various secondary sources; databases including Bloomberg Businessweek, Hoovers, Factiva, journals and associations and the market revenues are estimated and are thoroughly validated through primary and secondary research. Secondary research involves the study of annual and financial reports of top players in the market, whereas primary research includes extensive interviews with the KoL’s such as CEOs, directors, board members, VP’s, sales managers, engineers, marketing executives, technicians, account managers, investors, strategic decision makers and others. The Edge Computing Market shares and breakdowns are determined using secondary sources and are verified by the primary sources. All possible parameters/factors that are affecting the edge computing market demand are covered in the research study are verified through primary research, analysed and interpreted to get the final qualitative and quantitative data. This data is collected and added with detailed analysis from Envision Inteligence and presented in this report.

The scope of the Report

The edge computing market segmentation is as follows:

By Component

• Hardware
• Gateways
• MicroData Centers
• Platform
• Solution
• Services
  • Consulting
  • System Integration and Testing
  • Technical Support

By Organisation Size

• Small and Medium Enterprises
• Large Enterprises

By Technology

• Mobile Edge Computing
• Fog Computing

By Application

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

By End Users

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

Geographical Analysis:

Edge computing market is segmented by geography into North America, South America, Europe, APAC and Middle East & Africa. U.S., Canada, Mexico and Costa Rica are analysed under North American region which is usually turning as the hotspot in the market. The South American region is further segregated into Brazil, Argentina, Chile, Columbia and some other emerging economies. In Europe, the market is extensively examined by covering U.K., Germany, France, Italy, Spain, Netherlands, Poland, Switzerland and some other promising economies. APAC is further categorised by countries into China, India, Japan, South Korea, Australia & New Zealand, Malaysia, Singapore and many other emerging nations. In the Middle East & African region, Saudi Arabia, UAE, Iran, Iraq, Qatar, South Africa, Algeria, Morocco, Nigeria and so on countries are evaluated to understand the market growth lucidly.

Customization Options:

With the given research report, Envision Inteligence offers customisations as per the client’s specific requirements. The following customisation options offered for the edge computing market include:

• Scope Revision
• Geographic Analysis
• Company Profiles
• Historical Data & Forecasting
• Key Contact Persons in companies

Global Edge Computing Market Research Report Includes:

• An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
• To have a complete market analysis through industry value chain analysis, Porter’s Five Force Model, PESTLE, SWOTanalysis, and Y-o-Y analysis.
• Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year
• Identifying DROC in the current market and their impact on altering market dynamics.
• Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial study with significant competitors.
• Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
• Identify the latest developments, market shares and strategies that are employed by the significant world mobile applications, such as
  • Cisco Systems, Inc.
  • Nokia Networks
  • Dell Inc.
  • HPE Company
  • Mirror Image Internet Inc.

Along with these companies, many other companies are considered in the report while analysing the global edge computing market competitive strategies and environment. These companies held substantial share-owning to the nature of the industry whereas, the rest of the market shares are marginal chunks to regional and local level manufacturers. Other players also have considerable presence owing to its robust brand image, geographical reach and stable customer base.