Edge Computing Market by Technology (Mobile Edge Computing, Fog Computing), by Component (Hardware, Software, Solutions), by Application (IoT, Analytics), by Region (North America, Asia Pacific, Europe, Middle East and Africa, South America) – Global Forecast 2020 to 2027

Edge Computing Market Size, Share, Trends, Growth, Analysis, Research

EDGE COMPUTING MARKET: SUMMARY

The Global Edge Computing Market is projected to reach a value of over USD 30.7 billion by 2027 at a CAGR of around 31.0%.

Edge computing is the way of transforming the data to be handled, processed, and delivered from millions of users all over the world.  The exponential growth of Internet-connected devices such as IoT, requires real-time computing power, continues to drive edge-computing systems. In recent years, growing faster networking technologies such as 5G are allowing edge computing to accelerate the real-time applications such as self-driving cars, video processing & analytics, artificial intelligence, and robotics among others. edge computing brings data storage and computation closer to the devices where it’s being gathered, rather than depending on a central location that can be away from the location. IBM Corporation, Cisco, Microsoft, Google LLC, and Amazon Web Services (AWS) are expected to hold the largest market share in the edge computing market.

Edge Computing Market

EDGE COMPUTING MARKET: DRIVERS & RESTRAINTS

Market Driver:

  • Growing Adoption of Internet of Things (IoT)

Proliferation of devices and advanced principal technologies have helped fuel the growth of IoT technologies. Moreover, investments in IoT technology are projected to grow at faster rate during the forecast period. IoT market analysts expect the edge computing to play a significant role in supporting IoT implementations going forward, as it creates efficiencies and scale in networks that makes IoT deployments more self-sustaining. According to Forencis Analysis, IT spending on edge computing infrastructure will reach up to 18% of the total spend on IoT infrastructure. Hence, Increasing the IoT applications will expected to increase the edge computing market during the forecast period.

Market Restraint:

  • Security and Privacy Concerns

Data transmission and collection from many connected devices requires a better approach to analysis and processing. Edge computing takes these tasks closer to data sources, either allowing execution within devices themselves or outsourcing to data centers and local servers instead of central locations. However, distributing data across a large network containing numerous devices and data centers operating far from company’s main locations can create problems with network visibility and control. These devices are smaller than traditional data centers and hence, this small size makes them more vulnerable to being stolen or otherwise physically manipulated. Moreover, Loopholes in edge security can provide hackers easy access to the core of a network. Hence, security concerns will have expected to restrain the market during the forecast period.

EDGE COMPUTING MARKET: KEY SEGMENTS

  • Segmentation based on Technology: Mobile Edge Computing, Fog Computing, Cloudlets, and Others (Micro Data Center, CoT)
  • Segmentation based on Component: Hardware, Software, and Solutions
  • Segmentation based on Application: IoT, Analytics, Environment Monitoring, Augmented Reality, and Others
  • Segmentation based on End-Use Industry: Transportation, Healthcare, Energy & Utilities, IT & Telecommunication, Media & Entertainment, Manufacturing, Government & Defense, Retail, Education, and Others
  • Segmentation based on region covers: North America, South America, Europe, Asia-Pacific, Middle East & Africa and South America, with individual country-level analysis.

EDGE COMPUTING MARKET: REPORT SCOPE

The report on the edge computing market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.

Report Features

Specifics

Historical/Estimated/Forecasted Market Size Years

2019-2027

Base Year for Market Calculation

2020

Forecasted Period

2021-2027 (2021 estimated year, forecasted up to 2027)

Measured Units

Value (USD Million)

Segments Included

Technology, Component, Application, End Use Industry, and Region

Regional Coverage

North America, Asia-Pacific, Europe, Middle East & Africa, South America

Key Companies Covered

  • Amazon Web Services Inc. (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
  • IBM Corporation
  • Intel Corporation
  • Microsoft
  • General Electric Company
  • SAP
  • Google LLC
  • Cisco
  • Hewlett Packard Enterprise Development LP
  • FUJITSU
  • Schneider Electric
  • Huawei Technologies Co., Ltd.
  • Renesas Electronics Corporation.
  • ADLINK Technology Inc.
  • eInfochips (an Arrow company)
  •  EdgeConneX Inc.
  • Siemens
  • Zenlayer Inc.
  • Yokogawa Electric Corporation
  • Other Key Companies

EDGE COMPUTING MARKET: REPORT SEGMENTATION

For the scope of the report, In-depth segmentation is offered by Forencis Research

Edge Computing Market, by Technology

  • Mobile Edge Computing
  • Fog Computing
  • Cloudlets
  • Others (Micro Data Center, CoT)

Edge Computing Market, by Component

  • Hardware
  • Software
  • Solutions

Edge Computing Market, by Application

  • IoT
  • Analytics
  • Environment Monitoring
  • Augmented Reality
  • Others

Edge Computing Market, by End Use Industry

  • Transportation
  • Healthcare
  • Energy & Utilities
  • IT & Telecommunication
  • Media & Entertainment
  • Manufacturing
  • Government & Defense
  • Retail
  • Education
  • Others

Edge Computing Market, by Region

  • North America
    • US
    • Canada
    • Mexico
  • Asia-Pacific
    • China
    • India
    • Japan
    • Taiwan
    • South Korea
    • Rest of Asia-Pacific
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Russia
    • Rest of Europe
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Rest of Middle East & Africa
  • South America
    • Brazil
    • Argentina
    • Rest of South America

Key Questions Answered By The Report

  • What are the prominent developments affecting the market worldwide and its growth?
  • What will be the impact of the developments in the market on the industry and on the market players in the future?
  • What are the evolving variations of the market globally?
  • What are the evolving functions of the market globally?
  • What are the prominent aspects that will affect market growth globally during the study period?
  • Who are the key players operating in the market across the globe?
  • How are the key players leveraging in the present market scenario worldwide?

Report Audience

  • Edge Computing Market Providers
  • Edge Computing Market Solution and Services Suppliers, Distributors and Dealers
  • End-Users of Varied Segments of Edge Computing Market
  • Government Bodies and Intellectual Institutions
  • Associations and Industrial Organizations
  • Research & Consulting Service Providers
  • Research & Development Organizations
  • Investment Banks & Private Equity Firms

60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE EDGE COMPUTING MARKET STUDY

  1. INTRODUCTION
    1. Research Objectives
    2. Market Definition
    3. Research Scope
    4. Regional Coverage
    5. Research Timeline
    6. Assumptions
    7. Limitations
  2. RESEARCH DESIGN & SCOPE
    1. Introduction
    2. Primary Research
      1. Key Industry Expert Insight
    3. Secondary Research
      1. Vital Data from Secondary Sources
    4. Market Size Estimation
    5. Data Validation & Triangulation
  3. EXECUTIVE SUMMARY
  4. MARKET DYNAMICS
    1. Introduction
    2. Drivers
      1. Rising Demand for Real-Time and Low-Latency Processing Solutions
      2. Growing Adoption of Internet of Things (IoT)
      3. Increasing Adoption of Smart Applications
    3. Restraint
      1. Security and Privacy Concerns
    4. Opportunities
      1. Increasing Connected Cars Applications
 

 

  1. INDUSTRY TRENDS – PORTERS FIVE FORCES ANALYSIS
    1. Introduction
      1. Power of Buyers
      2. Power of Suppliers
      3. Intensity of Competition
      4. Challenges of Substitutes
      5. Challenges of New Entrants
    2. Technological Impact
      1. IoT
      2. Artificial Intelligence & Machine Learning
    3. Use Cases
  2. GLOBAL EDGE COMPUTING MARKET BY TECHNOLOGY, Market Size in USD Million (2019-2027)
    1. Introduction
    2. Mobile Edge Computing
    3. Fog Computing
    4. Cloudlets
    5. Others (Micro Data Center, CoT)
  3. GLOBAL EDGE COMPUTING MARKET BY COMPONENT, Market Size in USD Million (2019-2027)
    1. Introduction
    2. Hardware
    3. Software
    4. Solutions
  4. GLOBAL EDGE COMPUTING MARKET BY APPLICATION, Market Size in USD Million (2019-2027)
    1. Introduction
    2. IoT
    3. Analytics
    4. Environment Monitoring
    5. Augmented Reality
    6. Others
  5. GLOBAL EDGE COMPUTING MARKET BY END-USER INDUSTRY, Market Size in USD Million (2019-2027)
    1. Introduction
    2. Transportation
    3. Healthcare
    4. Energy & Utilities
    5. IT & Telecommunication
    6. Media & Entertainment
    7. Manufacturing
    8. Government & Defense
    9. Retail
    10. Education
    11. Others
  6. GLOBAL EDGE COMPUTING MARKET BY REGION, Market Size in USD Million (2019-2027)
    1. North America
      1. US
      2. Canada
      3. Mexico
    2. Europe
      1. Germany
      2. France
      3. Italy
      4. UK
      5. Russia
      6. Rest of Europe
    3. Asia-Pacific
      1. China
      2. India
      3. Japan
      4. Taiwan
      5. South Korea
      6. Rest of Asia-Pacific
    4. Middle East and Africa
      1. Saudi Arabia
      2. UAE
      3. Rest of Middle East and Africa
    5. South America
      1. Brazil
      2. Argentina
      3. Rest of South America
  7. COMPETITIVE LANDSCAPE
    1. Introduction
    2. Market Ranking/Share Analysis of Key Companies
    3. Company Benchmarking
  8. COMPANY PROFILES
    1. Amazon Web Services, Inc.
      1. Company Overview
      2. Financial Overview
      3. Products/Solutions/Services Offered
      4. Key Developments
      5. SWOT Analysis
    2. IBM Corporation
    3. Intel Corporation
    4. Microsoft
    5. General Electric Company
    6. SAP
    7. Google LLC
    8. Cisco
    9. Hewlett Packard Enterprise Development LP
    10. FUJITSU
    11. Schneider Electric
    12. Huawei Technologies Co., Ltd.
    13. Renesas Electronics Corporation.
    14. ADLINK Technology Inc.
    15. eInfochips (an Arrow company)
    16.  EdgeConneX Inc.
    17. Siemens 
    18. Zenlayer Inc. 
    19. Yokogawa Electric Corporation
    20. Other Key Companies
  9. APPENDIX
    1. Key Industry Expert Insights
    2. Primary Discussion Guide
    3. Customization Options

Note1: Tentative table of contents, may get updated during the course of research.

Note2: Company financial information is subject to availability in public domain

60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE STUDY

Rep Id : ICT 070

Published : July, 2020


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