Fog Computing Market 2025-2029
The fog computing market is forecasted to grow by USD 7156.5 mn during 2024-2029, accelerating at a CAGR of 75% during the forecast period. The report on the fog computing market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by exponential increase of iot due to rise in communication between verticals, rising demand for decentralized cloud computing to reduce latency in decision-making, and optimizing network traffic for sustainable energy usage.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's fog computing market is segmented as below:
By Component
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