• Cat-intel
  • MedIntelliX
  • Resources
  • About Us
  • Request Free Sample ×

    Kindly complete the form below to receive a free sample of this Report

    Leading companies partner with us for data-driven Insights

    clients tt-cursor

    Edge Computing Market

    ID: MRFR/ICT/2348-CR
    150 Pages
    Aarti Dhapte
    March 2024

    Edge Computing Market Research Report Information By Component (Hardware, Software/Solutions, and Services), Deployment (On-Premise, and On-Cloud), Connectivity (Private Networks, Bluetooth, Cellular IoT, 5G), Application (Industrial Internet of Things, Remote Monitoring, Big Data & Analytics, Autonomous Vehicles, AR and (VR, Content Delivery & Others), Industry Vertical (BFSI, IT & Telecommunication, Retail, Manufacturing), & By Region (North America, Europe, Asia-Pacific, Middle East & Africa & South America) –Marke...

    Share:
    Download PDF ×

    We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

    Edge Computing Market Infographic
    Purchase Options
    $ 4,950.0
    $ 5,950.0
    $ 7,250.0

    Edge Computing Market Summary

    As per Market Research Future Analysis, the Edge Computing market is poised for significant growth, projected to expand from USD 19.38 Billion in 2024 to USD 46.17 Billion by 2032, reflecting a robust CAGR of 48.64% during the forecast period. The market was valued at USD 13.04 Billion in 2023. Edge computing optimizes cloud computing by processing data closer to its source, enhancing speed, security, and overall system performance. The increasing adoption of IoT and SaaS applications is a key driver, as these technologies require low latency and high reliability, which edge computing effectively provides. The market is characterized by a strong demand for real-time data processing and seamless connectivity, particularly in sectors like healthcare and manufacturing.

    Key Market Trends & Highlights

    The Edge Computing market is witnessing transformative trends driven by technological advancements and industry demands.

    • Market size in 2022: USD 19.38 Billion; projected to reach USD 46.17 Billion by 2032.
    • CAGR during 2024-2032: 48.64%; significant growth driven by IoT and SaaS adoption.
    • Largest market share in 2022: North America with 38.3%; expected to maintain dominance.
    • Industrial Internet of Things (IIoT) projected to grow at a CAGR of 50.9%.

    Market Size & Forecast

    2023 Market Size USD 13.04 Billion
    2024 Market Size USD 19.38 Billion
    2032 Market Size USD 46.17 Billion
    CAGR (2024-2032) 48.64%

    Major Players

    Key players include Microsoft, Amazon Web Services (AWS), Cisco Systems, IBM Corporation, and Intel Corporation.

    Edge Computing Market Drivers

    Growth of 5G Networks

    The expansion of 5G networks significantly impacts the Global Edge Computing Market Industry, as it enables faster data transmission and lower latency. This technological advancement facilitates the deployment of edge computing solutions, allowing organizations to process data in real-time and respond to market demands swiftly. Industries such as autonomous vehicles and augmented reality benefit from the enhanced capabilities of 5G, which require instantaneous data processing. As 5G networks continue to proliferate globally, the synergy between edge computing and 5G is expected to drive substantial market growth, further solidifying the relevance of edge computing in various applications.

    Market Growth Projections

    The Global Edge Computing Market Industry is poised for substantial growth, with projections indicating a market value of 19.4 USD Billion in 2024 and an anticipated increase to 151.6 USD Billion by 2035. This growth trajectory reflects a compound annual growth rate (CAGR) of 20.56% from 2025 to 2035. The increasing reliance on edge computing solutions across various sectors, driven by the need for real-time data processing and enhanced security, underpins this positive outlook. As organizations continue to embrace digital transformation, the edge computing market is likely to evolve, presenting new opportunities and challenges for stakeholders.

    Increased Adoption of IoT Devices

    The Global Edge Computing Market Industry is significantly influenced by the rapid adoption of IoT devices across various sectors. With billions of connected devices generating vast amounts of data, the need for efficient data processing solutions becomes paramount. Edge computing facilitates the management of this data influx by enabling localized processing, which minimizes bandwidth usage and enhances response times. For example, smart cities utilize edge computing to analyze traffic patterns in real-time, improving urban mobility. This trend is expected to propel the market towards a valuation of 151.6 USD Billion by 2035, reflecting a robust CAGR of 20.56% from 2025 to 2035.

    Enhanced Security and Privacy Concerns

    Security and privacy concerns play a pivotal role in shaping the Global Edge Computing Market Industry. As data breaches and cyber threats become increasingly sophisticated, organizations seek solutions that enhance data protection. Edge computing addresses these concerns by processing sensitive data locally, thereby reducing the risk of exposure during transmission. For instance, financial institutions implement edge computing to secure customer data while ensuring compliance with regulations. This heightened focus on security is likely to drive the adoption of edge computing solutions, as businesses prioritize safeguarding their information assets in an evolving threat landscape.

    Rising Demand for Real-Time Data Processing

    The Global Edge Computing Market Industry experiences a surge in demand for real-time data processing, driven by the proliferation of IoT devices and applications. As organizations increasingly rely on instantaneous data analysis for decision-making, edge computing emerges as a viable solution. For instance, industries such as manufacturing and healthcare leverage edge computing to process data locally, reducing latency and enhancing operational efficiency. This trend is expected to contribute to the market's growth, with projections indicating a market value of 19.4 USD Billion in 2024. The ability to process data closer to the source is likely to become a critical factor in maintaining competitive advantage.

    Emergence of Smart Cities and Infrastructure

    The emergence of smart cities and advanced infrastructure significantly influences the Global Edge Computing Market Industry. As urban areas evolve into smart ecosystems, the demand for efficient data processing solutions escalates. Edge computing supports the integration of various technologies, such as smart traffic management and energy-efficient systems, by enabling localized data analysis. For example, smart lighting systems utilize edge computing to adjust brightness based on real-time conditions, optimizing energy consumption. This trend is anticipated to contribute to the market's expansion, as cities worldwide invest in smart technologies to enhance livability and sustainability.

    Market Segment Insights

    Edge Computing Market Component Segment Insights

    Edge Computing Component Insights

    Based on Component, the Edge Computing Market is bifurcated into Hardware, Software/ Solutions, and Services.  The Hardware segment held the majority share in 2022, contributing around 51.5% to the market revenue.  Based on Hardware subsegment the market is again bifurcated into Processors/CPUs, Network Gateways, Storage Devices, Servers, Routers & Switches, Sensors, Controllers, and Others.

    Processors are an integrated part of any computational system which performs logic, arithmetic, input/output (I/O), and other basic instructions that are responsible for the smooth functioning of certain operations on the device. AI-based processors combine imaging, visual processing, and deep learning inference in real time. The Xeon D-series processor chips launched by Intel are specifically designed for workloads that operate on the edge of the cloud and are optimized for applications that operate with limited availability if power and other resources.

    These system-on-a-chip (SoC) processors support high-density, single-socket network, storage and cloud edge computing solutions with a range of integrated security, network, and acceleration capabilities.

    Edge computing servers help in managing all the data and the resources at the network edge to ensure safe, quick, and reliable execution of the program. Servers BullSequana Edge, an edge computing server launched by Atos SE, helps to manage data at the edge. The server is designed to be used securely for the IoT applications, such as manufacturing 4.0, autonomous vehicles, healthcare, and security, in environments where data needs to be processed and analyzed at the edge, in real time, with faster response times.

    As edge computing is adopted across various industry verticals, making decisions about storage technology at each tier of storage and transmission is becoming complex. For seamless working of edge computing technology, local storage devices are required as the data is stored and processed locally on the device before being transmitted. Storage devices with high performance is a critical part of the edge computing system. Power, temperature tolerance, and tolerance of vibration and shock are some of the attributes of endpoint storage.

    Edge Computing Market Deployment Segment Insights

    Edge Computing Deployment Insights

    Based on Deployment, the Edge Computing Market is segmented into On-Premises, and On-Cloud. The On-Premises segment held the majority share in 2022, contributing around 59.1% to the market revenue.  Edge computing devices are deployed on-premises to replicate cloud services and separate the data center from the public cloud. Edge computing provides local data processing through the addition of on-premises devices, including programmable automation controllers (PACs), to the business IOT stack.

    This allows data to be investigated locally. On-premises edge is critical when customers want all their data to remain on their premises (for example, due to it is highly sensitive or private data documenting special company practices or designs), but they still want to benefit from the flexibility and elasticity provided by cloud computing.

    Figure 2: Edge Computing Market, by Deployment, 2022 & 2032 (USD Million)

    Source: Secondary Research, Primary Research, Market Research Future Database, and Analyst Review

    Edge Computing Market Connectivity Segment Insights

    Edge Computing Connectivity Insights

    Based on Connectivity, the Edge Computing Market segmentation includes Private Networks, Bluetooth, Cellular IoT, 5G, Other. The Cellular IoT segment held the majority share in 2022, contributing around 32.8% to the market revenue.  Edge computing with cellular IoT (Internet of Things) includes utilizing cellular networks and edge computing capabilities to process and analyze data closer to IoT devices at the network's edge. Cellular networks are used for IoT applications by cellular IoT technologies, such as NB-IoT and LTE-M. With edge computing capabilities, cellular IoT devices can do local data processing at the network edge.

    This lowers latency and bandwidth consumption by eliminating the need to transfer all data to a centralized cloud server.

    Edge Computing Market Application Segment Insights

    Edge Computing Application Insights

    Based on Application, the Edge Computing Market segmentation includes Industrial Internet of Things (IIoT), Remote Monitoring, Big Data and Analytics, Autonomous Vehicles, Augmented Reality (AR) and Virtual Reality (VR), Content Delivery, and Others. Based on the Application segment, the Industrial Internet of Things (IIoT) accounted for the largest market share with a market value of USD 3,139.6 million in 2022 and is projected to grow at a CAGR of 50.9%.  With the significant increase in the number of connected devices, there has been an explosion in the amount of data being generated.

    The traditional model of processing and storing data in the cloud is becoming expensive; furthermore, due to high data traffic, there is a delay in data computation, which does not meet the consumer requirements. The edge computing approach for IoT facilitates the processing of device data closer to the source, thereby enabling the possibility of reducing data fetching time; furthermore, it improves the scalability and energy efficiency of IoT devices, provides contextual information processing, thus reducing traffic on the backbone network, and providing enhanced security as compared to traditional cloud infrastructure.

    Edge Computing Market Industry Vertical Segment Insights

    Edge Computing Industry Vertical Insights

    Based on Industry Vertical, the Edge Computing Market segmentation includes BFSI, IT & Telecommunication, Retail, Manufacturing, and Others. Based on Industry Vertical, Manufacturing accounted for the largest market size with a market value of USD 4,488.7 million in 2022 and is projected to grow at a CAGR of 49.8%. The advent of IoT and automation have transformed the entire manufacturing industry by raising the operational performance of manufacturing systems. Edge computing offers intelligence to the existing manufacturing processes to elevate the responsiveness and agility of the manufacturing processes.

    Adopting edge computing to the smart manufacturing processes increases the responsiveness to the service requested, reliability, and minimizes the storage and bandwidth costs. Edge computing helps in processing and storing the data from elements of the IoT network closer to the points from where the data is gathered rather than transmitting it to the data center reduces the network latency and minimizing the cost related to setting up, maintaining, or subscribing to high-bandwidth connectivity.

    Get more detailed insights about Edge Computing Market Research Report - Global Forecast till 2032

    Regional Insights

    By Region, the study provides market insights into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. In terms of revenue, North America held the largest share of 38.3% in the Edge Computing market in 2022 and is expected to maintain its dominance during the forecast period. The North American edge computing market has been segmented, by country, into the US, Canada, and Mexico. The regional market is expected to dominate the Edge Computing Market during the forecast period.

    Growth of the edge computing market in North America is driven due to the increasing adoption of IoT technology across various industry vertical, growing demand for instantaneous processing, and rising adoption of the cloud platform. Furthermore, the region witnesses the presence of major players in the market such as Amazon Web Services, Inc., Microsoft Corporation, IBM Corporation, Intel Corporation, and Google LLC.

    These players are investing heavily in research and development of edge computing products and solutions to cater to various applications. Furthermore, the region also has a high penetration of 4G/LTE and is expected to dominate in terms of the adoption of the 5G technology in the coming years, which is further expected to drive the growth of edge computing market in North America. Verizon and AWS teamed in January 2022 to bring mobile edge computing to 30% additional metro area cities in the United States, with the inclusion of Charlotte, Detroit, Los Angeles, and Minneapolis.

    The combination reduces the latency and network hops needed to connect from a platform-hosted application to the end user's device. Ball's contract with AWS will be extended in April 2022. This project seeks to develop Canada's first public multi-access edge computing (MEC) service with AWS Wavelength. The 5G network is projected to open up new potential for growth in the edge computing business.

    The US is a major market for edge computing due to the presence of several key players such as Amazon Web Services, Inc., Intel Corporation, IBM Corporation, and Microsoft Corporation who are investing significantly in developing solutions for various applications. Technology adoption trends globally are introduced in and have a substantial impact on the US markets before any other, due to which the adoption and developments in edge computing are expected to be high. The cloud computing market is at the maturity stage, owing to which, the industry demands to move outside the core data center.

    Edge computing is capable of handling high volumes of data traffic, with reduced latency and the reliability of network which is expected to drive the growth of the market. Well established digital infrastructure and government supporting major telecom operators such as AT&T and Verizon Communications Ltd for testing and deployment of the 5G network to offer seamless network connectivity with reduced latency and bandwidth requirement are some of the factors further driving the growth of US edge computing market.

    Furthermore, the high adoption of IIoT across manufacturing industries in the region to automate and optimize the operational performance helps in the growth of edge computing market in the country.

    The Canadian edge computing market is expected to witness a significant growth owing to increasing adoption of smartphones and high demand for streaming services requiring low latency and bandwidth. Growing initiatives from the Canadian government supporting the development of smart cities and increasing adoption of cloud computing and IIoT are driving the adoption of edge computing in Canada. Furthermore, the growing demand for edge analytics to offer optimized and enhanced operational performance across the utility sector are propelling the market growth in Canada.

    Furthermore, the high adoption of the cloud platform to obtain scalability, flexibility, mobility, and cost-effective operations also contributes significantly to the market growth. However, integration issues due to complex infrastructure is the major restraining factor hampering the market growth in Canada.

    The market in Mexico is witnessing slow growth in the Edge Computing Market. Increasing internet penetration and demand for high-speed Internet connectivity are the primary factors driving the growth of the edge computing market in Mexico. The growing adoption of IIoT across manufacturing, BFSI, transportation, utilities, and other industry vertical is further helping the market growth in the country. Government initiatives for increasing the adoption of Industry 4.0 and the growing connected car market are the reasons propelling the growth of edge computing market in the country.

    Also, the increasing adoption of edge analytics among business organizations to obtain a competitive advantage and generate new revenue streams increases the demand for edge computing. However, low awareness and data security concerns are hampering the growth of edge computing market in Mexico.

    Figure 3: EDGE COMPUTING MARKET SIZE BY REGION 2022 & 2032

    EDGE COMPUTING MARKET SIZE BY REGION 2022&2032

    Source: Secondary Research, Primary Research, Market Research Future Database, and Analyst Review

    Further, the major countries studied in the market report are the U.S., Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

    The European edge computing market is divided into Germany, the UK, France, and the rest of Europe. The UK is expected to be the leading market due to increasing demand for smart devices and rising internet penetration. Germany has a well-established network infrastructure and government regulations support 5G network testing and deployment, while France sees increased adoption of cloud platforms and IoT across various industry verticals. Energy and utilities are major sectors in France, and there is high adoption of cloud platforms and IoT across various industry verticals in the rest of Europe.

    The growth of the edge computing market in the Asia-Pacific region is driven by the increasing adoption of IoT and IIoT across organizations in the region. China has made a promising start in 5G and edge computing, and multinational firms like Meta, Apple, Netflix, and Google influence the future of edge computing-powered surveillance technology. Japanese companies like Blaize distribute AI edge computing, and the Chinese edge computing market is dominated by tech giants like Baidu, Inc. and Alibaba Group Holding Limited.

    The Middle East and Africa have seen the evolution of data center infrastructure and applications, leading to an increasing number of data centers and the adoption of IoT and IIoT devices. Edge computing is used to process this data in real-time across industries, and the market is expected to grow at a high rate during the forecast period. The growth of smart factories and the increasing demand for e-commerce and gaming will drive the adoption of edge computing.

    Over 50% of the South American population is connected to the Internet, and companies are increasingly switching to edge computing due to its benefits in reducing latency and increasing data security. There has been an increase in IoT and IIoT projects in countries like Brazil, Argentina, Chile, and Colombia, fueling the growth of the edge computing market. The market is dominated by companies like Amazon, Google, Microsoft, and IBM.

    Key Players and Competitive Insights

    Edge computing optimizes Internet devices and web applications by bringing computing closer to the source of the data. This minimizes the need for long distance communications between client and server, which reduces latency and bandwidth usage. It offers some unique advantages over traditional models, where computing power is centralized at an on-premises data centre. Putting compute at the edge allows companies to improve how they manage and use physical assets and create new interactive, human experiences. Some examples of edge use cases include self-driving cars, autonomous robots, smart equipment data and automated retail.

    Moreover, Edge has a role to play in the evolution of AI and generative AI for businesses. It enables data analysis in real- or near-real time, making training AI models a simpler task and improving the performance of AI-driven applications.

    Not surprisingly, edge is becoming an integral part of the digital core, which leverages the power of cloud, data, and AI through an interoperable set of systems across the enterprise that allows for rapid innovation. thus, for many businesses Edge is set to become a ubiquitous lever of scale and reinvention—especially as AI becomes more pervasive. this shows Edge computing is bending the innovation curve by dramatically improving the performance of production and service applications that run business.

    It moves computing to the edge of the enterprise network where it is closest to users and devices — and most critically, where the data is created.

    MRFR has analysed some of the major players in the Edge Computing Market who have contributed to the market growth. These include SAP SE, ABB, Amazon Web Services (AWS), Inc., Aricent, Inc., Atos, Cisco Systems, Inc., General Electric Company, Hewlett Packard Enterprise Development, Honeywell International Inc., Huawei Technologies Co., Ltd., IBM Corporation, Intel Corporation, Aspeed, Fintek, Advantech, Kontron, ITE Tech and others. Among these, Microsoft, Amazon Web Services (AWS), Inc, Cisco Systems, Inc, IBM Corporation, Intel Corporation, Dell, are among the top players in Edge Computing market.

    These players focus on expanding and enhancing their product portfolio and services to remain competitive and increase their customer.

    Microsoft’s key strategies in the edge computing market revolve around leveraging its cloud infrastructure (Azure) to extend computing capabilities closer to devices and users. The company focuses on offering a comprehensive edge computing platform, empowering businesses to process data at the edge efficiently. Their strategy includes enabling seamless integration between cloud and edge environments, fostering an ecosystem of edge-compatible solutions, emphasizing security and compliance, investing in AI-driven edge analytics, and collaborating with industry partners to develop scalable and diverse edge computing applications.

    Microsoft’s approach aims to enable customers to harness the power of edge computing while ensuring interoperability, security, and scalability across their ecosystem. Likewise, numerous companies are seeking to well-position to capitalize on the growing edge computing market.

    Additionally, these players are considerably contributing to the market growth by the adoption of various strategies, including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the Edge Computing market.

    Key Companies in the Edge Computing Market market include

    Industry Developments

    • Q2 2024: Edge Impulse raises $60M Series C to expand edge AI platform Edge Impulse, a startup specializing in edge AI development tools, announced a $60 million Series C funding round led by Coatue Management to accelerate product development and global expansion of its edge computing platform.
    • Q2 2024: Nokia launches new edge cloud platform for industrial automation Nokia unveiled its new MX Industrial Edge cloud platform, designed to enable real-time data processing and AI applications for manufacturing and logistics customers, strengthening its position in the industrial edge computing market.
    • Q2 2024: Amazon Web Services announces partnership with Siemens for edge computing in factories AWS and Siemens announced a strategic partnership to integrate AWS's edge computing services with Siemens' industrial automation solutions, aiming to deliver real-time analytics and machine learning at the factory floor.
    • Q3 2024: Dell Technologies opens new edge innovation center in Singapore Dell Technologies inaugurated a new Edge Innovation Center in Singapore to develop and test edge computing solutions for smart cities, manufacturing, and logistics, marking a significant investment in Asia-Pacific edge infrastructure.
    • Q3 2024: Microsoft launches Azure Edge Zones in five new cities Microsoft expanded its Azure Edge Zones to five additional metropolitan areas, providing ultra-low latency cloud services for local enterprises and supporting advanced IoT and AI workloads at the edge.
    • Q4 2024: HPE acquires edge security startup Scytale for undisclosed sum Hewlett Packard Enterprise (HPE) announced the acquisition of Scytale, a startup focused on edge security and identity management, to enhance HPE's edge-to-cloud security offerings.
    • Q4 2024: IBM launches Granite 3.0 AI models optimized for edge computing IBM introduced Granite 3.0, a suite of AI models designed for low-latency inference and safety at the edge, targeting industrial, healthcare, and financial applications requiring real-time data processing.
    • Q1 2025: EdgeQ secures $75M Series C funding to scale 5G edge chip production EdgeQ, a provider of 5G-enabled edge chips, raised $75 million in Series C funding to expand manufacturing capacity and accelerate deployment of its edge computing solutions for telecom and enterprise customers.
    • Q1 2025: Cisco unveils new edge networking platform for autonomous vehicles Cisco launched a new edge networking platform tailored for autonomous vehicle fleets, enabling real-time data exchange and analytics between vehicles and infrastructure to improve safety and operational efficiency.
    • Q2 2025: Google Cloud partners with Schneider Electric for edge energy management Google Cloud and Schneider Electric announced a partnership to deliver edge-based energy management solutions, leveraging Google’s AI and Schneider’s industrial expertise to optimize energy usage in manufacturing plants.
    • Q2 2025: Siemens opens new edge computing R&D facility in Munich Siemens inaugurated a dedicated research and development facility in Munich focused on advancing edge computing technologies for industrial automation and smart infrastructure.
    • Q3 2025: Alibaba Cloud launches edge computing service for Southeast Asia Alibaba Cloud introduced a new edge computing service targeting Southeast Asian enterprises, aiming to support real-time applications in e-commerce, logistics, and smart city deployments.

    Future Outlook

    Edge Computing Market Future Outlook

    The Edge Computing Market is projected to grow at a 20.56% CAGR from 2024 to 2035, driven by increased IoT adoption, demand for low-latency processing, and enhanced data security needs.

    New opportunities lie in:

    • Develop edge AI solutions for real-time analytics in smart cities.
    • Create partnerships with telecoms to enhance 5G edge services.
    • Invest in edge security technologies to address rising cybersecurity threats.

    By 2035, the Edge Computing Market is expected to be a cornerstone of digital transformation, significantly influencing various industries.

    Market Segmentation

    Edge Computing Regional Outlook

    • US
    • Canada

    Edge Computing Component Outlook

    • Processor/CPUs
    • Servers
    • Storage Devices
    • Network Gateways
    • Routers and Switches
    • Sensors
    • Controllers
    • Others

    Edge Computing Deployment Outlook

    • On-Premise
    • On-Cloud

    Edge Computing Application Outlook

    • Industrial Internet of Things (IIoT)
    • Remote Monitoring
    • Big Data and Analytics
    • Autonomous Vehicles
    • Augmented Reality (AR) and Virtual Reality (VR)
    • Content Delivery
    • Others

    Edge Computing Connectivity Outlook

    • Private Networks
    • Bluetooth
    • Cellular IoT
    • 5G
    • Others

    Edge Computing Industry Vertical Outlook

    • BFSI
    • IT & Telecommunication
    • Retail
    • Manufacturing
    • Others

    Report Scope

    Attribute/Metric Details
    Market Size 2023 USD 13.04 Billion
    Market Size 2024 USD 19.38 Billion
    Market Size 2032 USD 461.79 Billion
    Compound Annual Growth Rate (CAGR) 48.6% (2024-2032)
    Base Year 2023
    Market Forecast Period 2024-2032
    Historical Data 2019- 2022
    Market Forecast Units Value (USD Million)
    Report Coverage Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
    Segments Covered Deployment, Connectivity, Component, Application, Industry Vertical, and Region
    Geographies Covered Europe, North America, Asia-Pacific, Middle East & Africa, and South America
    Countries Covered The U.S, Germany, Canada, U.K., Italy, France, Spain, Japan, China, Australia, India, South Korea, Brazil, and others.
    Key Companies Profiled SAP SE, ABB, Amazon Web Series (AWS) , Microsoft, ATOS SE, General Electric Company , Hewlett Packard Enterprise Development LP (HPE), Honeywell International Inc. , Huawei Technologies Co. Ltd. (Huawei), IBM Corporation , Intel Corporation, Aspeed, ITE Tech , Fintek, Advantech Co., Ltd., Kontron AG
    Key Market Opportunities ·Availability of Niche Solutions Across Edge Platforms, Ai & Analytics from Global Start-ups ·Edge Computing for XR
    Key Market Dynamics ·Increasing Adoption of IoT and SaaS based Applications. ·Growing Need for Real-Time Automated Decision-Making Solutions ·Growing Advantages of Edge Computing

    Market Highlights

    Author
    Aarti Dhapte
    Team Lead - Research

    She holds an experience of about 6+ years in Market Research and Business Consulting, working under the spectrum of Information Communication Technology, Telecommunications and Semiconductor domains. Aarti conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. Her expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc.

    Leave a Comment

    FAQs

    How much is the Edge Computing market?

    The Edge Computing Market size is expected to be valued at USD 13.04 Billion in 2022.

    What is the growth rate of the Edge Computing market?

    The global market is projected to grow at a CAGR of 48.6% during the forecast period, 2024-2032.

    Which region held the largest market share in the Edge Computing market?

    North America had the largest share of the global market.

    Who are the key players in the Edge Computing market?

    The key players in the market are SAP SE, ABB, Amazon Web Series (AWS) , Microsoft, ATOS SE, General Electric Company , Hewlett Packard Enterprise Development LP (HPE), and Honeywell International Inc and others

    Which Component led the Edge Computing market?

    The Hardware segment dominated the market in 2022.

    Edge Computing Market Research Report - Global Forecast till 2032 Infographic
    Free Sample Request

    Kindly complete the form below to receive a free sample of this Report

    Customer Stories

    “I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.”

    Victoria Milne Founder
    Case Study
    Chemicals and Materials