Edge Computing Market - By Component (Solution [Hardware {Sensors/Routers, Edge Nodes/Gateways}, Software, Platforms], Services), By Application (Connected Vehicles, Smart Devices,...... Remote Monitoring, Industrial Internet of Things, Augmented & Virtual Reality, Smart Cities, Content Delivery, Others), By Organisation Size (Small, Medium, Large), By End-User (Energy & Utilities, Healthcare & Lifesciences, Transportation & Logistics, Manufacturing, Retail & Consumer Goods, IT & Telecom, Government & Defense, Others), and Others Read more
- ICT & Electronics
- Feb 2024
- 189
- PDF, Excel, PPT
Market Definition
Processing and analyzing data close to the point of generation, as opposed to depending exclusively on centralized data centers, is known as edge computing. By bringing processing power closer to the point of data production, this decentralized method lowers latency and bandwidth consumption while improving real-time processing capabilities. edge computing world allows for quicker decision-making, quicker response times for important applications, and less strain on centralized infrastructure by shifting computing power to the "edge" of the network.
Market Insights & Analysis: Global Edge Computing Market (2025-30):
The Global Edge Computing Market size was valued at USD 62.19 Billion in 2024 and is projected to reach USD 104 Billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 10.90% during the forecast period, i.e., 2025-30. The market ascension is attributable to surging government investment in smart city projects, the rising adoption of smart devices and connected vehicles by consumers, and the rollout of super-fast networking technologies, such as 5G wireless technology. Besides these, the increasing influx of funding by the edge computing companies to launch products such as home security cameras that use edge computing, cloud gaming consoles, and autonomous vehicles has further expanded the edge industry in recent years.
| Report Coverage | Details |
|---|---|
| Historical Years | 2020-23 |
|
Base Years
|
2024
|
|
Forecast Years
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2025-30
|
| Market Value in 2024 | USD 62.19 Billion |
| Market Value in 2030 | USD 104 Billion |
| CAGR (2025-30) | 10.90% |
| Leading Region | North America |
| Top Key Players | IBM Corporation, Amazon Web Services, Cisco Systems, Inc., Huawei Technologies Co. Limited, ABB Group, Intel Corporation, Microsoft Corporation, SAP SE, Hewlett Packard Enterprise Development LP, AT&T Inc., Rockwell Automation Inc., Atos SE, Digi International Inc., General Electric Company, ADLINK Technology Inc |
| Key Report Highlights |
|
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Unquestionably, one of the main factors driving the growth of the edge computing market is the development of 5G networks. The fifth generation of cellular networks, or 5G, is transforming connections with previously unheard-of levels of speed, dependability, and latency. The potential of 5G networks to revolutionize numerous industries is intimately linked to the concepts of edge computing, resulting in mutually beneficial developments.
Moreover, cities rely on networked Internet of Things (IoT) sensors and devices to gather and process data from multiple sources as they adopt digital transformation programs to enhance productivity, sustainability, and quality of life. This networked ecosystem relies on 5G networks to facilitate low-latency communication and high-speed data delivery. Cities can handle and analyze massive volumes of data locally, enabling effective resource allocation and real-time decision-making by putting edge computing equipment at strategic spots inside the urban environment, further augmenting the size & volume of the edge computing industry.
- Introduction
- Product Definition
- Research Process
- Assumptions
- Market Segmentation
- Preface
- Executive Summary
- Global Edge Computing Market Case Studies
- Energy & Utilities
- Healthcare & Lifesciences
- Transportation & Logistics
- Manufacturing
- Retail & Consumer Goods
- IT & Telecom
- Others
- Edge Computing Landscape
- Impact of COVID-19 on Global Edge Computing Market
- Global Edge Computing Market Outlook, 2020-2030F
- Market Size & Analysis
- Revenues (in USD Million)
- Market Share & Analysis
- By Component
- Solution
- Hardware
- Sensors/Routers
- Edge Nodes/Gateways
- Software
- Platforms
- Hardware
- Services
- Solution
- By Application
- Connected Vehicles
- Smart Devices
- Remote Monitoring
- Industrial Internet of Things
- Augmented & Virtual Reality
- Smart Cities
- Content Delivery
- Others
- By End Users
- Energy & Utilities
- Healthcare & Lifesciences
- Transportation & Logistics
- Manufacturing
- Retail & Consumer Goods
- IT & Telecom
- Government & Defense
- Others
- By Organization Size
- Small
- Medium
- Large
- By Region
- North America
- South America
- Europe
- Middle East & Africa
- Asia-Pacific
- By Competitors
- Competition Characteristics
- Market Share & Analysis
- Competitive Metrix
- By Component
- Market Size & Analysis
- North America Edge Computing Market Outlook, 2020-2030F
- Market Size & Analysis
- Revenues (in USD Million)
- Market Share & Analysis
- By Component
- By Application
- By End Users
- By Organization Size
- By Country
- The US Edge Computing Market Outlook, 2020-2030F
- Market Size & Analysis
- Revenues (in USD Million)
- Market Share & Analysis
- By Component
- By Application
- By End Users
- By Organization Size
- Market Size & Analysis
- Canada Edge Computing Market Outlook, 2020-2030F
- Market Size & Analysis
- Revenues (in USD Million)
- Market Share & Analysis
- By Component
- By Application
- By End Users
- By Organization Size
- Market Size & Analysis
- Mexico Edge Computing Market Outlook, 2020-2030F
- Market Size & Analysis
- Revenues (in USD Million)
- Market Share & Analysis
- By Component
- By Application
- By End Users
- By Organization Size
- Market Size & Analysis
- The US Edge Computing Market Outlook, 2020-2030F
- Market Size & Analysis
- South America Edge Computing Market Outlook, 2020-2030F
- Market Size & Analysis
- Revenues (in USD Million)
- Market Share & Analysis
- By Component
- By Application
- By End Users
- By Organization Size
- By Country
- Brazil Edge Computing Market Outlook, 2020-2030F
- Market Size & Analysis
- Revenues (in USD Million)
- Market Share & Analysis
- By Component
- By Application
- By End Users
- By Organization Size
- Market Size & Analysis
- Brazil Edge Computing Market Outlook, 2020-2030F
- Market Size & Analysis
- Europe Edge Computing Market Outlook, 2020-2030F
- Market Size & Analysis
- Revenues (in USD Million)
- Market Share & Analysis
- By Component
- By Application
- By End Users
- By Organization Size
- By Country
- Germany Edge Computing Market Outlook, 2020-2030F
- Market Size & Analysis
- Revenues (in USD Million)
- Market Share & Analysis
- By Component
- By Application
- By End Users
- By Organization Size
- Market Size & Analysis
- The UK Edge Computing Market Outlook, 2020-2030F
- Market Size & Analysis
- Revenues (in USD Million)
- Market Share & Analysis
- By Component
- By Application
- By End Users
- By Organization Size
- Market Size & Analysis
- France Edge Computing Market Outlook, 2020-2030F
- Market Size & Analysis
- Revenues (in USD Million)
- Market Share & Analysis
- By Component
- By Application
- By End Users
- By Organization Size
- Market Size & Analysis
- Germany Edge Computing Market Outlook, 2020-2030F
- Market Size & Analysis
- Middle East & Africa Edge Computing Market Outlook, 2020-2030F
- Market Size & Analysis
- Revenues (in USD Million)
- Market Share & Analysis
- By Component
- By Application
- By End Users
- By Organization Size
- By Country
- UAE Edge Computing Market Outlook, 2020-2030F
- Market Size & Analysis
- Revenues (in USD Million)
- Market Share & Analysis
- By Component
- By Application
- By End Users
- By Organization Size
- Market Size & Analysis
- Saudi Arabia Edge Computing Market Outlook, 2020-2030F
- Market Size & Analysis
- Revenues (in USD Million)
- Market Share & Analysis
- By Component
- By Application
- By End Users
- By Organization Size
- Market Size & Analysis
- South Africa Edge Computing Market Outlook, 2020-2030F
- Market Size & Analysis
- Revenues (in USD Million)
- Market Share & Analysis
- By Component
- By Application
- By End Users
- By Organization Size
- Market Size & Analysis
- UAE Edge Computing Market Outlook, 2020-2030F
- Market Size & Analysis
- Asia-Pacific Edge Computing Market Outlook, 2020-2030F
- Market Size & Analysis
- Revenues (in USD Million)
- Market Share & Analysis
- By Component
- By Application
- By End Users
- By Organization Size
- By Country
- China Edge Computing Market Outlook, 2020-2030F
- Market Size & Analysis
- Revenues (in USD Million)
- Market Share & Analysis
- By Component
- By Application
- By End Users
- By Organization Size
- Market Size & Analysis
- India Edge Computing Market Outlook, 2020-2030F
- Market Size & Analysis
- Revenues (in USD Million)
- Market Share & Analysis
- By Component
- By Application
- By End Users
- By Organization Size
- Market Size & Analysis
- Japan Edge Computing Market Outlook, 2020-2030F
- Market Size & Analysis
- Revenues (in USD Million)
- Market Share & Analysis
- By Component
- By Application
- By End Users
- By Organization Size
- Market Size & Analysis
- Australia Edge Computing Market Outlook, 2020-2030F
- Market Size & Analysis
- Revenues (in USD Million)
- Market Share & Analysis
- By Component
- By Application
- By End Users
- By Organization Size
- Market Size & Analysis
- China Edge Computing Market Outlook, 2020-2030F
- Market Size & Analysis
- Global Edge Computing Market Regulations, Policies, Product Benchmarks
- Global Edge Computing Market Trends & Insights
- Global Edge Computing Market: Value Chain Analysis
- Global Edge Computing Market Dynamics
- Drivers
- Challenges
- Global Edge Computing Market Hotspot & Opportunities
- Global Edge Computing Market, Competition Outlook
- Competition Matrix
- Target Markets
- Target Applications
- Research & Development
- Collaborations & Strategic Alliances
- Key Business Expansion Initiatives
- Business Restructuring- Mergers, Acquisitions, JVs
- Strategic Initiatives
- Company Profiles (Business Description, Product Offering, Strategic Alliances or Partnerships, etc.)
- IBM Corporation
- Amazon Web Services
- Cisco Systems, Inc.
- Huawei Technologies Co. Limited
- ABB Group
- Intel Corporation
- Microsoft Corporation
- SAP SE
- Hewlett Packard Enterprise Development LP
- AT&T Inc.
- Rockwell Automation Inc.
- Atos SE
- Digi International Inc.
- General Electric Company
- ADLINK Technology Inc.
- Competition Matrix
- Disclaimer
MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:
1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.
2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.
3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.
4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making
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