Edge computing is an Internet of Things (IoT) method of capturing, storing, processing, and analyzing data as close to the source of the data as possible via processors equipped with AI software.
Global Edge Computing Market Analysis, 2021 research report depicts a deep-dive market analysis of statistics of Global Edge Computing market which consists of regional and country-wise market size, market forecast, CAGR market segmentation, market shares of diverse regions and countries, market share of various end users, applications, product type, technologies, competitive benchmarking, etc.
Market Opportunities
According to MarkNtel Advisors’ research report “Global Edge Computing Market Analysis, 2021”, the Global Edge Computing market is anticipated to grow at a CAGR of around 30% during 2021-26F. The growth is attributed to surging government investment in smart cities projects, rising adoption of smart devices, and connected vehicles by the consumers and rollout of faster networking technologies, such as 5G wireless technology. Besides these, the increasing amount of funding by the companies in order to launch products such as home security cameras that use edge computing, decreasing prices of hardware components and computation mediums, and burgeoning demand for remote monitoring are strongly contributing toward the growth of the market in the forecast period.
Market Segmentation
Solution Segment Dominated the Market
Based on Component, Solution segment dominated the global edge computing market in 2019. Hardware acquired the majority market share in Solution segment due to boost in cloud-based applications amongst the end users such as energy & utilities and declining prices of hardware such as sensors, router gateways, etc. Moreover, the platform segment is also witnessing rapid growth owing to the launch of various edge-computing platforms by the market players, rising demand for these platforms amongst companies to influence set hardware and software functionality, and increasing spending by the enterprises in IT/OT solutions. Thus, this is anticipated to strongly contribute toward the growth of the Edge Computing market globally in the near future as stated in the MarkNtel Advisors’ research report “Global Edge Computing Market Analysis, 2021”.
Competitive Landscape
According to MarkNtel Advisors, the key players with a considerable market share in the Global Edge Computing market include 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. etc.
Key Questions Answered in the Market Research Report:
- What are the key overall market statistics or market estimates (Market Overview, Market Size- By Value, Forecast Numbers, Market Segmentation, Market Shares) of Global Edge Computing Market?
- What is the region wise industry size, growth drivers and challenges key market trends?
- What are the key innovations, technology upgrades, opportunities, regulations in the Global Edge Computing Market?
- Who are the key competitors or market players and how they perform in Global Edge Computing Market based on competitive benchmarking matrix?
- What are the key results derived from the market surveys conducted during the course of Global Edge Computing Market study?
Market Outlook, Segmentation and Statistics
- Impact of COVID-19
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- 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 End Users
- Energy & Utilities
- Healthcare & Lifesciences
- Transportation & Logistics
- Manufacturing
- Retail & Consumer Goods
- IT & Telecom
- Government & Defense
- Others
- By Organization Size
- By Region
- North America Edge Computing Market Outlook, 2016-2026F (USD Million)
- The US Edge Computing Market Outlook, 2016-2026F (USD Million)
- Canada Edge Computing Market Outlook, 2016-2026F (USD Million)
- Mexico Edge Computing Market Outlook, 2016-2026F (USD Million)
- South America Edge Computing Market Outlook, 2016-2026F (USD Million)
- Brazil Edge Computing Market Outlook, 2016-2026F (USD Million)
- Europe Edge Computing Market Outlook, 2016-2026F (USD Million)
- The UK Edge Computing Market Outlook, 2016-2026F (USD Million)
- Germany Edge Computing Market Outlook, 2016-2026F (USD Million)
- France Edge Computing Market Outlook, 2016-2026F (USD Million)
- Middle East & Africa Edge Computing Market Outlook, 2016-2026F (USD Million)
- UAE Edge Computing Market Outlook, 2016-2026F (USD Million)
- Saudi Arabia Edge Computing Market Outlook, 2016-2026F (USD Million)
- South Africa Edge Computing Market Outlook, 2016-2026F (USD Million)
- Asia-Pacific Edge Computing Market Outlook, 2016-2026F (USD Million)
- China Edge Computing Market Outlook, 2016-2026F (USD Million)
- Japan Edge Computing Market Outlook, 2016-2026F (USD Million)
- India Edge Computing Market Outlook, 2016-2026F (USD Million)
- Australia Edge Computing Market Outlook, 2016-2026F (USD Million)
- By Company
- Revenue Shares
- Strategic Factorial Indexing
- Competitor Placement in MarkNtel Quadrant
- Global Edge Computing Market Policies, Regulations, Product Standard
- Global Edge Computing Market Hotspots & Opportunities
- Competition Outlook
- Competitor Wise Growth Strategies
- Company Profiles
Frequently Asked Questions:
Q. What is the historical year, base year and forecast year considered in the research report on Global Edge Computing Market?
A. The historical data has been provided since 2016, while the base year is 2020 and the data is forecast up-to 2026.
Q. What are the units or denomination for measuring market value and volume in the report?
A. The market size/industry size or the market value is measured in terms of USD Million.
Q. What would be the growth rate or CAGR of Global Edge Computing Market during 2021-26?
A. The Global Edge Computing Market is forecast to grow at a CAGR of 30% during 2021-26.
Q. Who are the key competitors or players operating in Global Edge Computing Market?
A. 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. etc., are few of the leading players in the Global Edge Computing Market.
Q. Which organisation size segment would emerge as an opportunity area for players in Global Edge Computing Market?
A. Large Enterprise is expected to attain the highest CAGR during the forecast period and maintain its significant market share.
Q. Which region would emerge as an opportunity area for players in Global Edge Computing Market?
A. Asia-Pacific continue to grow at a highest CAGR, presenting immense opportunities for market players of Global Edge Computing Market.
