According to the report by Allied Market Research, the global edge computing market garnered $1.73 billion in 2017 and is estimated to reach $16.55 billion by 2025, growing at a CAGR of 32.8% from 2018 to 2025. The research offers an extensive analysis of changing market dynamics, key segments, top investment pockets, leading market players, and competitive intelligence.
Increase in the number of smart applications, rise in load on cloud infrastructure, and the requirement for assistance for real-time applications facilitate the growth of the global edge computing market. In addition, the emergence of 5G network and advent of various frameworks and languages for IoT solutions would offer opportunities for market players in the next few years. However, the market growth is hindered by locally available hardware and high costs for maintenance.
Download Sample Report (Get Full Insights in PDF – 250 Pages) at: https://www.alliedmarketresearch.com/request-sample/5257
Regionally, Asia-Pacific would grow at the highest CAGR of 35.1% during the forecast period, owing to the rise in penetration of cellular technologies and mobile devices in emerging countries including China and India. However, North America held the largest market share in 2017, enabling almost two-fifths of the total share and is estimated to maintain dominant share of the market through 2025.
Based on component, the solutions segment held the major share, with almost 90% of the total market share in 2017, and will maintain its dominant position by 2025. The software in edge computing solutions enable users to offer messaging, local computing, and data caching and ensures security for connected devices. However, the services segment is estimated to register at the highest CAGR of 35.6% from 2018 to 2025, owing to an increase in need for management of analytical data during its lifespan.
For Purchase Enquiry: https://www.alliedmarketresearch.com/purchase-enquiry/5257
Based on application, the segment of the connected car would grow at the highest CAGR of 35.9% from 2018 to 2025, owing to the rise in need to deliver real-time infotainment and other services for cars. However, the security and surveillance segment would continue to contribute the highest share in the industry and generate nearly one-fifth of the total revenue by 2025, on account of offering real-time threat detection and lowered network latency.
The leading players discussed in the report include Amazon Web Services (AWS), Cisco Systems Inc., AT&T Inc., Fujitsu Limited, Dell Inc., IBM Corporation, Huawei Technologies Co. Ltd., Microsoft Corporation, Hewlett Packard Enterprise (HPE), Nokia Corporation, and others.
For Report Customization: https://www.alliedmarketresearch.com/request-for-customization/5257
The report focuses on the growth prospects, restraints, and trends of the edge computing market analysis. The study provides Porter’s five forces analysis to understand the impact of various factors such as bargaining power of suppliers, competitive intensity of competitors, threat of new entrants, threat of substitutes, and bargaining power of buyers on the global market.
Impact of COVID-19 on Edge Computing Market:
- The edge computing market is expected to grow during the Covid-19 pandemic outbreak. This is due to growing trend of using edge computing in artificial intelligence, called as “Edge AI”, used to provide accurate and real-time insights with isolation, effective identification, and treatment of Covid-19 patients.
- The demand for edge computing is expected to surge during the Covid-19 pandemic as it increases network speeds, eases the bandwidth, and combats security concerns which are essential for the current work situation.
Buy Now – https://www.alliedmarketresearch.com/checkout-final/5be244494628cb7999dd19c2d87b1c17
Thanks for reading this article; you can also get individual chapter-wise sections or region-wise report versions like North America, Europe, or Asia.
If you have any special requirements, please let us know and we will offer you the report as per your requirements.
Lastly, this report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.
About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients in making strategic business decisions and achieving sustainable growth in their respective market domains.
AMR launched its user-based online library of reports and company profiles, Avenue. An e-access library is accessible from any device, anywhere, and at any time for entrepreneurs, stakeholders, researchers, and students at universities. With reports on more than 60,000 niche markets with data comprising of 600,000 pages along with company profiles on more than 12,000 firms, Avenue offers access to the entire repository of information through subscriptions. A hassle-free solution to clients’ requirements is complemented with analyst support and customization requests.
Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll-Free: 1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow Us on: LinkedIn Twitter