Global Edge Computing Market Size study, byComponent (Hardware, Software, Services, Edge-managed Platforms), By Application (IIoT, Remote Monitoring, Content Delivery, Video Analytics, AR/VR, Others), By Industry Vertical (Industrial, Energy & Utility, H

Global Edge Computing Market Size study, byComponent (Hardware, Software, Services, Edge-managed Platforms), By Application (IIoT, Remote Monitoring, Content Delivery, Video Analytics, AR/VR, Others), By Industry Vertical (Industrial, Energy & Utility, Healthcare, Agriculture, Transportation & Logistics, Retail, Datacenters, Wearables, Smart Cities, Smart Homes, Smart Buildings,) and Regional Forecasts 2022-2028

Global Edge Computing Market is valued at approximately XX in 2021 and is anticipated to grow with a healthy growth rate of more than xx% over the forecast period 2022-2028.Edge computing assist the organisation by allowing a wide collection of stakeholders to manage IT infrastructures, networking, software development, traffic distribution, and service administration. Edge also blends software and hardware solutions, as well as networking architecture, to address a wide range of corporate use cases. Edge computing is in its early stages of development. Although its deployment and operating models have yet to emerge, edge computing is likely to offer considerable growth opportunities for new entrants in the coming years.The growth of IoT has resulted in a large rise of data, causing organisations to rely on centralised cloud computing and storage solutions. The global IoT solution and services market is predicted to grow at a double-digit CAGR of 14.9 percent between 2020 and 2025. A research report predicts that the number of active IoT devices will reach 31 billion by 2025.Rising customer demand and different technology breakthroughs have resulted in the expansion of infrastructure for autonomous and connected vehicles. Autonomous vehicles transmit weather, light, and road conditions and use that information to navigate, control, and drive. Edge computing has great prospects to enhance the progress of autonomous cars by making processing faster and closer to the source of data.Enterprises are fast embracing digitalization by implementing innovative technology to efficiently automate and speed their business processes. Edge computing may cut data transport and storage costs through localised processing, but investing in edge infrastructure still increases organisations' CAPEX. Companies seeking comprehensive edge computing solutions would need to make significant investments in edge nodes, other edge devices, and edge data centres.

The key regions considered for the global Edge Computing marketstudy includeAsia Pacific, North America, Europe, Latin America, and Rest of the World.North America will have the highest revenue share. The convergence of IIoT and edge computing is creating favourable conditions for manufacturers in the United States to transition to connected manufacturing.Asia Pacific contributed a sizable sales share, owing to a greater emphasis on strengthening networking technologies in the region as a result of the COVID-19 pandemic. Because of the region's tremendous expansion of the connected device ecosystem, a large amount of data is generated, necessitating the need for a strong computational infrastructure.

Major market players included in this report are:
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
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
ByComponent:
Hardware
Software
Services
Edge-managed Platforms

By Application:
IIoT
Remote Monitoring
Content Delivery
Video Analytics
AR/VR
Others

By Industry Vertical:
Industrial
Energy & Utility
Healthcare
Agriculture
Transportation & Logistics
Retail
Datacenters
Wearables
Smart Cities, Smart Homes, Smart Buildings

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Edge Computing Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Companies Mentioned

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

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