Edge Computing Market Forecasted to Surpass $140 Billion by 2030 | CAGR: 38.8%

The latest research report by Polaris Market Research provides a thorough analysis of a rapidly growing market. It covers all the key market aspects, including Edge Computing Market share, size, drivers, trends, and major developments. Also, it offers market forecasts at the national, regional, and global levels. An in-depth analysis of market segments, along with an examination of the market performance across major regions and sub-regions, has been included in the study. The report provides insights into strategic developments to help stakeholders devise effective operating strategies.

The report includes a thorough value chain analysis to help readers gain crucial information on the outbound and inbound market logistics. Additionally, a thorough examination of key market participants addressing diverse consumer needs has been provided in the study. It further covers the emerging market trends and opportunities market participants can capitalize on. Pictorial representations, including charts, tables, and graphs, have been provided to help readers comprehend the key stats and other data easily.

According to the research report, the global edge computing market was valued at USD 7.43 billion in 2021 and is expected to reach USD 140 billion by 2030, to grow at a CAGR of 38.8% during the forecast period.

Market Dynamics:

This section of the research report sheds light on the evolution of the market, covering how market participants are responding to technological shifts. The impact of the shifting market landscape and globalization has been provided in the study. Also, all the key factors driving Edge Computing market growth have been covered.

The report covers major market trends and opportunities market participants can capitalize on. Additionally, it presents crucial information on market restraints and challenges and how businesses can navigate them. Furthermore, an analysis of technological advancements and regulatory shifts and their impact on market demand has been included in the study.

Future Outlook:

The edge computing market is growing rapidly due to the increasing demand for low-latency processing in IoT, AI, and 5G applications. Enterprises are shifting toward edge solutions to enhance real-time data processing and reduce cloud dependency. The adoption of AI-driven edge analytics is improving automation and decision-making. Security concerns are driving investments in decentralized data processing. Edge computing is playing a critical role in smart city initiatives, autonomous vehicles, and industrial automation. The integration of edge and cloud computing is shaping hybrid architectures. Future advancements will focus on AI-powered edge solutions and enhanced cybersecurity.

Competitive Landscape:

This section of the research report offers insights into the competitive landscape of the market. It analyzes the Edge Computing market key players, covering all the key aspects such as company overview, financials, and market potential. Besides, other factors such as manufacturing facilities and production capacities, have been detailed in the study. The report uses key methodologies such as Porter’s Five Forces Analysis and SWOT analysis to examine the competitive forces in the market. All the major market developments, including acquisitions, mergers, and partnerships, have been covered in the report.

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A few of the key players operating in the market are:

  • ABB
  • ADLINK Technology Inc.
  • Alphabet Inc.
  • Amazon Inc
  • Amazon Web Services
  • Aricent Inc.
  • Atos
  • Cisco Systems
  • Dell Technologies
  • EdgeConnex Inc
  • ElnfoChips
  • FogHorn Systems
  • General Electric Company
  • Google LLC
  • Hewlett Packard Enterprises Development
  • Honeywell International Inc.
  • Huawei Technologies Co. Ltd
  • IBM Corporation
  • Intel Corporation
  • Juniper Networks
  • Microsoft Corporation
  • Rockwell Automation Inc
  • Saguna Networks
  • SAP SE
  • Schneider Electric SE
  • Siemens AG

Research Methodology:

The research methodology involves the collection of crucial data and information by expert analysts. The collected data is then carefully filtered to offer an accurate and reliable Edge Computing market analysis. The primary research technique involves interviews with leading market participants to make it both practical and relevant. Besides, secondary research has been included to provide insights into the demand and supply connection. Publicly available data sources such as annual reports and white papers have also been used to provide an insightful market analysis.

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The research report categorizes the market into various segments and sub-segments. The primary segments covered in the study include type, application, end use and region. The splitting of the market into various groups enables businesses to understand market preferences and trends better. Also, stakeholders can develop products/services that align with the diverse needs of consumers in the industry. Besides, the research study includes a thorough examination of all the major sub-segments in the market.

Edge Computing Market, Component Outlook (Revenue – USD Billion, 2018 – 2030)

  • Hardware
  • Software
  • Services

Edge Computing Market, Organization Size Outlook (Revenue – USD Billion, 2018 – 2030)

  • Large Enterprises
  • SMEs

Edge Computing Market, Verticals Outlook (Revenue – USD Billion, 2018 – 2030)

  • Manufacturing
  • Energy And Utilities
  • Government And Defense
  • Telecommunications
  • Media And Entertainment
  • Retail And Consumer Goods
  • Transportation And Logistics
  • Healthcare And Life Sciences
  • Others

Edge Computing Market, Application Outlook (Revenue – USD Billion, 2018 – 2030)

  • Smart Cities
  • Industrial Internet of Things (IoT)
  • Remote Monitoring
  • Content Delivery
  • Augmented Reality (AR) And Virtual Reality (VR)
  • Others

Top Features of Edge Computing Market Report:

β€’ In-depth market analysis covering all the key market aspects
β€’ Historical, current, and projected market size in terms of value and volume
β€’ Detailed market segmentation covering all the major market segments
β€’ Thorough examination of major market developments
β€’ Assessment of the product offerings of market players and their operating strategies
β€’ Includes classification of potential new clients or partners in the target demographic

Recent Development:Β 

  • In July 2022, SixSq joined the 5G-EMERGE project to develop solutions leveraging 5G technology and satellite broadcasting, enabling the distribution of high-quality content services across Europe.

  • In November 2021, Litmus acquired Kickdynamic to enhance its portfolio with content automation and AI-driven solutions. This acquisition allows users to build, test, and collaborate on high-volume email campaigns while delivering a personalized email customer experience.

Key Questions Answered in Report:

β€’ What are the key market growth drivers?
β€’ What are the market projections considering production value and capacity?
β€’ What will be the impact of strategic developments on market growth?
β€’ Who are the Edge Computing market key players?
β€’ What are the major market trends that can be used to maximize revenue?
β€’ Which research methodologies have been used while prepearing the research report?
β€’ Who could benefit from the research report?

Edge Computing market research report provides an in-depth analysis by covering all the major market aspects. All the stats and information presented in the study go through a multi-step verification method to ensure accuracy and reliability. The report is a must-read for policymakers, suppliers, stakeholders, and anyone involved or interested in the market.

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