Edge Computing Market Growth, Trends, Revenue, Business Challenges and Future Share 2030: Markntel Advisors

Global Edge Computing Market Insights Report Overview

The Global Edge Computing Market size was valued at USD 50.5 billion in 2022 and is estimated to grow at a CAGR of around 30% during the forecast period, i.e., 2024-30.

Our report offers a thorough examination of the global landscape, providing valuable data, impartial analysis, and strategic insights to drive informed decision-making.

Report’s Study Period:

• Historical Period: 2019-22
• Base Year: 2023
• Forecasting Period: 2024-30

We accurately gather data from primary and secondary sources, capturing the industry’s historical fluctuations and trends, including market dynamics, consumer behavior, manufacturing insights, and more. Leveraging this data alongside the base year information, we project the industry’s trajectory into the future.

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Industry Driving Factor:

Growth of 5G Networks Augmenting Edge Computing Industry –

Compared to earlier generations of mobile networks, 5G networks offer significantly faster data transfer rates, reduced latency, and improved network dependability. This makes data transfer between edge devices and centralized data centers more effective and seamless. The demand for edge computing solutions to handle and analyze the massive amounts of data created by IoT devices, smart sensors, and other connected devices at the edge of the network is rising as 5G becomes more widely used.

Segmentation Summary: Global Edge Computing Market

Our report delves into the intricate segmentation of the Edge Computing Market, providing insights into each subdivision’s trajectory, trends, and advancements. This analysis empowers stakeholders to navigate the industry landscape with precision, understanding the nuances of each segment.

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

-Small

-Medium

-Large

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Leading Competitive:  Global Edge Computing Market

• IBM Corporation
• Amazon Web Services
• Cisco Systems, Inc.
• Huawei Technologies Co. Limited
• ABB Group
• Intel Corporation
• Microsoft Corporation
• SAP SE

Geographical Reach:

The Edge Computing Industry spans across various regions, each characterized by unique cultural, regulatory, and economic factors. Our regional analysis provides a comprehensive overview and forecast, considering these differences and assessing market players’ presence, consumer preferences, and more.

 By Region

-North America

-South America

-Europe

-Middle East & Africa

-Asia-Pacific

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 Key Focus Areas:

• What are the primary drivers and trends influencing the Edge Computing market growth, and how is the market structured?
• How are segments within the Edge Computing market defined, and what is the size of each segment?
• Which segments and geographical regions present the most promising growth opportunities?
• What does the competitive landscape look like, and how do key players position themselves within the market?

About Us

MarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 14.8 diverse industrial verticals.

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