Global Edge Computing in Manufacturing Market 2024 by Company, Regions, Type and Application, Forecast to 2030
Edge computing refers to the allocation of computing workloads to the “edges” of a network–to devices and resources closer to network endpoints than a centralized data center or cloud. In manufacturing industry, advances in edge computing mean that manufacturing is returning to a decentralized model. Rather than concentrate data processing in a single location, decentralized systems like edge computing take advantage of the compute and storage capacity extant at nodes throughout the network. This type of structure is “decentralized” because computing is done where there are available and sufficient resources. With decentralized systems, proximity is a leading determinant of where processing occurs.
According to our (Global Info Research) latest study, the global Edge Computing in Manufacturing market size was valued at US$ 2166 million in 2023 and is forecast to a readjusted size of USD 16200 million by 2030 with a CAGR of 33.7% during review period.
North America is the largest consumption area, making up 42.50% in 2019. Europe ranks the second, total Edge Computing in Manufacturing accounted for 29.55%. Asia Pacific is projected to share significant growth in the edge computing in manufacturing market owing to increasing demand for edge computing in automotive and chemical industry and rapidly growing manufacturing industry market in emerging developing economies like India and China. Of the major players of edge computing in manufacturing, IBM maintained its first place in the ranking in 2019. IBM accounted for 14.98% of global edge computing in manufacturing revenue market share in 2019. Other players accounted for 13.50% and 12.84% including Amazon Web Services, Microsoft. On the basis of product type, the software & services segment is projected to account for the largest market share during the forecast period; this segment was estimated to account for 65.53% market share in 2019. In the applications, the Electronics segment was estimated to account for the highest market share of 22.93% in 2019. Flowed by Automobile & Transportation, which accounted for 19.83%.
This report is a detailed and comprehensive analysis for global Edge Computing in Manufacturing market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.
Key Features:
Global Edge Computing in Manufacturing market size and forecasts, in consumption value ($ Million), 2019-2030
Global Edge Computing in Manufacturing market size and forecasts by region and country, in consumption value ($ Million), 2019-2030
Global Edge Computing in Manufacturing market size and forecasts, by Type and by Application, in consumption value ($ Million), 2019-2030
Global Edge Computing in Manufacturing market shares of main players, in revenue ($ Million), 2019-2024
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Edge Computing in Manufacturing
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Edge Computing in Manufacturing market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include IBM, Amazon Web Services, Microsoft, Cisco, Dell Technologies, HPE, Huawei, GE, Nokia, ADLINK, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market segmentation
Edge Computing in Manufacturing market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segmentation
Edge Computing in Manufacturing market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Hardware
Software & Services
Market segment by Application
Chemicals
Electronics
Automobile & Transportation
Machinery & Equipment
Household Goods
Others
Market segment by players, this report covers
IBM
Amazon Web Services
Microsoft
Cisco
Dell Technologies
HPE
Huawei
GE
Nokia
ADLINK
Litmus Automation
FogHorn Systems
Vapor IO
MachineShop (EdgeIQ)
Saguna Networks
Market segment by regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Edge Computing in Manufacturing product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Edge Computing in Manufacturing, with revenue, gross margin, and global market share of Edge Computing in Manufacturing from 2019 to 2024.
Chapter 3, the Edge Computing in Manufacturing competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2019 to 2030.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Edge Computing in Manufacturing market forecast, by regions, by Type and by Application, with consumption value, from 2024 to 2030.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Edge Computing in Manufacturing.
Chapter 13, to describe Edge Computing in Manufacturing research findings and conclusion.