Worldwide Demand for Edge Computing Is Likely Anticipated To Register A Positive CAGR of 30% by 2032| Fact.MR Forecasts

The edge computing market is likely to garner a market value of US$ 5 Bn in 2022, anticipated to register a positive CAGR of 30% in the forecast period 2022-2032 and reach a value of US$ 69 Bn.

Shifting preference for high-performance smartphone apps is also contributing to the edge computing market’s revenue growth. The global edge computing market will multiply 13.7x from its current value during the forecast period. The adoption of Multi-access Edge Computing (MEC) by telecom companies will generate profitable opportunities for edge computing market leaders.

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Competitive Landscape  

The competitive landscape of the edge computing market is shaped by product innovation and strategic mergers & acquisitions. Front Runners are emphasizing capacity enhancements and global footprint expansion to leverage lucrative prospects in developing economies.

• In January 2022, Amazon Web Services (AWS) announced the general availability of its new Amazon Elastic Compute Cloud (Amazon EC2) Hpc6a instances. These “purpose-built” EC2 instances leverage 3rd Gen AMD EPYC CPUs to process high-performance computing (HPC) workloads at what Amazon claims.
• In November 2021, Kyndryl announced a landmark global strategic partnership that will combine its market-leading capabilities in the service of enterprise customers. The deal with Microsoft is Kyndryl’s first since recently becoming an independent public company and provides incremental multi-billion dollar revenue opportunities for the two companies.

Prominent Key Players Of The Edge Computing Market Survey Report:

• Cisco Systems, Inc.
• Microsoft Corporation
• Amazon Web Services (AWS), Inc.
• Moxa Inc.
• NVIDIA Corporation
• Belden Inc.

Key Market Segments in Edge Computing Industry Research

• By Component

  • Edge Computing Hardware
    • Edge Nodes/Gateways (Servers)
    • Sensors/Routers
    • Others
  • Edge Computing Software
  • Edge Computing Services
  • Edge-Managed Platform

• By Application

  • Edge Computing for Energy & Utilities
  • Edge Computing for Industrial Applications
  • Edge Computing for Transportation & Logistics
  • Edge Computing for Smart Cities, Smart Homes, Smart Buildings
  • Edge Computing for Healthcare
  • Edge Computing for Agriculture
  • Edge Computing for Retail
  • Edge Computing for Datacenters
  • Edge Computing for Other Applications

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The insights for each vendor consists of:

• Company profile
• SWOT analysis
• Main market information
• Market share
• Revenue, pricing and gross margin

What insights does the Edge Computing Market report provide to the readers?

• Edge Computing fragmentation on the basis of product type, end use, and region.
• Comprehensive assessment of upstream starting materials, downstream demand, and present market landscape.
• Collaborations, R&D projects, acquisitions, and product launches of each Edge Computing player.
• Various regulations imposed by the governments on the consumption of Edge Computing in detail.
• Impact of modern technologies, such as big data & analytics, artificial intelligence, and social media platforms on the global Edge Computing.

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The report covers following Edge Computing Market insights and assessment that are helpful for all participants involved in the Edge Computing market:

• Data on recently introduced regulations and their impact on key industries and on demand in Edge Computing
• Latest industry Analysis on Edge Computing Market, with key analysis of market drivers, trends, and influencing factors
• Key trends Analysis of Edge Computing Market and changing consumer preferences in major industries.
• Changing Edge Computing demand and consumption of diverse products
• Major trends underlining funding by key investors in numerous countries
• New investment opportunities in diverse technology and product or service types
• Comprehensive data and Competitive analysis of Edge Computing major players
• Edge Computing Market sales in US will grow at a steady pace, driven by growing consumer confidence and economic recovery
• Edge Computing demand forecast in Europe remains stable, as many countries such as UK, France, and Germany focus on boosting growth

Questionnaire answered in the Edge Computing Market report include:

• How the market for Edge Computing has grown?
• What is the present and future outlook of the global Edge Computing on the basis of region?
• What are the challenges and opportunities for the Edge Computing?
• Why the consumption of Edge Computing highest in region?
• In which year segment is expected to overtake segment?

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