Edge Computing Market to reach USD 3,257.77 million by 2030,industry trends

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The global edge computing market was valued at USD 1,980.11 million in 2022 and is expected to reach USD 3,257.77 million by 2030, registering a CAGR of 8.6% during the forecast period of 2023-2030.

The market analysis furnishes insights into the drivers and restraints affecting the Edge Computing Market employing SWOT analysis to delineate their impact on demand throughout the forecast period. Drawing inspiration from the marketing strategies of competitors, businesses can formulate innovative ideas and ambitious sales targets, thereby gaining a competitive edge. This professional and in-depth study on the current market state is designed to provide granular information, empowering clients to makhe efficient business decisions. Therefore, the Edge Computing Market report aims to offer clients the necessary detailed information to facilitate informed decision-making.

Widespread usage and adoption of IoT leading to overload on cloud foundation is a driving factor for the global edge computing market. Increasing levels of adoption and applications in a number of different industry verticals is also a driver for the market. Rise in the adoption of the technology by telecom companies is an opportunity for the edge computing market.

The global edge computing market was valued at USD 1,980.11 million in 2022 and is expected to reach USD 3,257.77 million by 2030, registering a CAGR of 8.6% during the forecast period of 2023-2030. “Hardware” segment is dominating in component segment due to the increasing demand for localized data processing, real-time analytics and the need for efficient and secure edge computing solutions contribute to this segment’s prominence in driving the market growth.

 Top Industry Players:

Some of the major players operating in the global edge computing market are:

  • Nokia (Finland)
  • Huawei Technologies Co. Ltd. (China)
  • Juniper Networks Inc. (U.S.)
  • Dell (U.S.)
  • Cisco (U.S.)
  • Hewlett Packard Enterprise Development LP (U.S.)
  • SixSq Sàrl (Switzerland)
  • FogHorn Systems (U.S)
  • Vasona Networks Inc. (U.S)
  • MachineShop Inc. (U.S)
  • Saguna Networks Ltd. (Israel)
  • Vapor IO (U.S)
  • Violin Systems LLC (U.S)
  • Aricent Inc. (U.S)

View detailed Report : https://www.databridgemarketresearch.com/reports/global-edge-computing-market                              

Market Segmentation:

The global edge computing market is segmented on the basis of component, technology, application, organization size, and vertical. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Component

  • Hardware
  • Gateways
  • Micro Data Centers
  • Platform
  • Solution
  • Services

Technology

  • Mobile Edge Computing 
  • Fog Computing

Application

Organization Size

  • Small and Medium-Sized Enterprises
  • Large Enterprises

Vertical

  • Manufacturing
  • Healthcare
  • Transportation
  • Government and Public
  • Media and Entertainment
  • Energy and Utilities
  •  Telecom and IT
  • Retail
  • Others

The Edge Computing Market survey report encapsulates the fluctuations in CAGR values, indicating rises or falls within the specified forecast period. The data utilized for crafting this business report is derived from data collection modules featuring large sample sizes. This market report’s crucial highlights encompass key market dynamics, the present market scenario, and the sector’s future prospects. Furthermore, the report meticulously identifies and analyses rising product trends, major drivers, challenges, and opportunities in the market. Through the application of well-established tools and techniques, the Edge Computing Market report adeptly transforms complex market insights into a more accessible and comprehensible version.

Strategic Points from Table of Content:

Chapter 1: Global Edge Computing Market Overview

Chapter 2: Economic Impact on Industry

Chapter 3: Market Competition by Manufacturers

Chapter 4: Production, Revenue (Value) by Region

Chapter 5: Supply (Production), Consumption, Export, Import by Regions

Chapter 6: Production, Revenue (Value), Price Trend by Type

Chapter 7: Market Analysis by Application

Chapter 8: Manufacturing Cost Analysis

Chapter 9: Industrial Chain, Sourcing Strategy and Downstream Buyers

Chapter 10: Marketing Strategy Analysis, Distributors/Traders

Chapter 11: Market Effect Factors Analysis

Chapter 12: Research Conclusions of Global Edge ComputingMarket

Grab Detailed TOC Report: https://www.databridgemarketresearch.com/toc/?dbmr=global-edge-computing-market                                                                       

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