European Edge Market Forecast, 2022–2027: May 2024 Update

European Edge Market Forecast, 2022–2027: May 2024 Update


This IDC Market Forecast covers European edge spending for the 2022-2027 period, providing an update of the previously published forecast (see European Edge Market Forecast, 2022–2027, IDC #EUR251251723, October 2023) and leveraging data from IDC's latest Worldwide Edge Spending Guide, released in February 2024."Europe is progressing steadily toward digitalization despite prevailing macroeconomic uncertainty. Edge computing is a crucial factor in this development, as it is transforming various industries and fortifying them through innovation. This transformative process will empower businesses to use data-driven insights at the source, with the help of IoT, AR/VR, and AI at the edge. This will enable real-time decision-making and unlock new possibilities for efficiency and competitiveness," said Alexandra Rotaru, Data & Analytics manager, Data and Analytics Group, IDC Europe.

Please Note: Extended description available upon request.


IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Emphasize Security and Data Privacy
Enable Intelligence with AI and Analytics
Focus on Sustainability and Green Computing
Build Strategic Partnerships and Alliances
Educational Initiatives and Skill Development
Market Forecast
Geographic View
Technology View
Provisioned Services
Professional Services
Hardware
Software
Industry Sectors View
Distribution and Services
Manufacturing and Resources
Public Sector
Telecommunication and Utilities
Financial Services
Service Provider
Edge Domains View
Market Context
Drivers and Inhibitors
Drivers
Generative AI
Industry Revolution
Service Providers' Provisions
Inhibitors
Deployment Complexity
Investment Costs
Significant Market Developments
Changes from Prior Forecast
Market Definition
Methodology
Related Research

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