North America Edge Computing Market Size, Share & Industry Trends Analysis Report By Organization Size, By Application, By Component (Hardware, Software, and Services), By Vertical, By Country and Growth Forecast, 2022 - 2028
The North America Edge Computing Market would witness market growth of 16.2% CAGR during the forecast period (2022-2028).
In the past years, the promise of cloud computing and artificial intelligence (AI) was to automate and speed up innovation by generating useful data insights. However, the linked devices' ability to produce data on a scale and in a complexity never before seen has exceeded network and infrastructure capacities. There are bandwidth and latency problems when sending all of the device-generated data to a centralized data center or the cloud.
A more effective option is edge computing, where data is processed and analyzed closer to the source of creation. Latency is greatly decreased because data does not have to travel across a network to a cloud or data center to be processed. With the help of edge computing, particularly mobile edge computing on 5G networks, it is possible to analyze data more quickly and thoroughly, leading to deeper insights, quicker responses, and better consumer experiences.
Edge computing makes use of the expanding power of in-device computing to deliver in-depth analysis and forecasting in a timely manner. Enhanced analytics capabilities in edge devices can drive innovation to raise the value and improve quality.
As the demand for easy driving and the rising concern for security & safety drive the need for high-end technology, increasing the demand for autonomous and semi-autonomous vehicles in the United States region. According to automation levels, the US market for autonomous vehicles is sizable at Levels 3 and 4. In Level 3 automation vehicles, the independent vehicle driving system performs all dynamic driving responsibilities in the absence of a driver. Braking, accelerating, keeping an eye on the vehicle, steering, and reacting to traffic-related incidents are all part of active driving.
The US market dominated the North America Edge Computing Market by Country in 2021; thereby, achieving a market value of $28.1 billion by 2028. The Canada market is experiencing a CAGR of 18.9% during (2022 - 2028). Additionally, The Mexico market would exhibit a CAGR of 17.8% during (2022 - 2028).
Based on Organization Size, the market is segmented into Large Enterprises and SMEs. Based on Application, the market is segmented into Smart Cities, Industrial Internet of Things (IIoT), Remote Monitoring, Content Delivery, Augmented Reality (AR) & Virtual Reality (VR), and Others. Based on Component, the market is segmented into Hardware, Software, and Services. Based on Vertical, the market is segmented into Manufacturing, Government & Defense, Retail & Consumer Goods, Healthcare & Life Sciences, Telecommunications, Transportation & Logistics, Media & Entertainment, Energy & Utilities, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Cisco Systems, Inc., Hewlett Packard Enterprise, Huawei Technologies Co., Ltd., IBM Corporation, Dell Technologies, Inc., Nokia Corporation, Amazon Web Services, Inc., Intel Corporation, Google LLC and Microsoft Corporation.
Scope of the Study
Market Segments covered in the Report:
By Organization Size
- Large Enterprises
- SMEs
- Smart Cities
- Industrial Internet of Things (IIoT)
- Remote Monitoring
- Content Delivery
- Augmented Reality (AR) & Virtual Reality (VR)
- Others
- Hardware
- Software
- Services
- Manufacturing
- Government & Defense
- Retail & Consumer Goods
- Healthcare & Life Sciences
- Telecommunications
- Transportation & Logistics
- Media & Entertainment
- Energy & Utilities
- Others
- US
- Canada
- Mexico
- Rest of North America
- Cisco Systems, Inc.
- Hewlett Packard Enterprise
- Huawei Technologies Co., Ltd.
- IBM Corporation
- Dell Technologies, Inc.
- Nokia Corporation
- Amazon Web Services, Inc.
- Intel Corporation
- Google LLC
- Microsoft Corporation
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- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Edge Computing Market, by Organization Size
- 1.4.2 North America Edge Computing Market, by Application
- 1.4.3 North America Edge Computing Market, by Component
- 1.4.4 North America Edge Computing Market, by Vertical
- 1.4.5 North America Edge Computing Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market Overview
- 2.1 Introduction
- 2.1.1 Overview
- 2.1.1.1 Market Composition & Scenario
- 2.2 Key Factors Impacting the Market
- 2.2.1 Market Drivers
- 2.2.2 Market Restraints
- Chapter 3. Competition Analysis - Global
- 3.1 KBV Cardinal Matrix
- 3.2 Recent Industry Wide Strategic Developments
- 3.2.1 Partnerships, Collaborations and Agreements
- 3.2.2 Product Launches and Product Expansions
- 3.2.3 Acquisition and Mergers
- 3.3 Market Share Analysis, 2021
- 3.4 Top Winning Strategies
- 3.4.1 Key Leading Strategies: Percentage Distribution (2018-2022)
- 3.4.2 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2018, May – 2022, Sep) Leading Players
- Chapter 4. North America Edge Computing Market by Organization Size
- 4.1 North America Large Enterprises Market by Country
- 4.2 North America SMEs Market by Country
- Chapter 5. North America Edge Computing Market by Application
- 5.1 North America Smart Cities Market by Country
- 5.2 North America Industrial Internet of Things (IIoT) Market by Country
- 5.3 North America Remote Monitoring Market by Country
- 5.4 North America Content Delivery Market by Country
- 5.5 North America Augmented Reality (AR) & Virtual Reality (VR) Market by Country
- 5.6 North America Others Market by Country
- Chapter 6. North America Edge Computing Market by Component
- 6.1 North America Hardware Market by Country
- 6.2 North America Software Market by Country
- 6.3 North America Services Market by Country
- Chapter 7. North America Edge Computing Market by Vertical
- 7.1 North America Manufacturing Market by Country
- 7.2 North America Government & Defense Market by Country
- 7.3 North America Retail & Consumer Goods Market by Country
- 7.4 North America Healthcare & Life Sciences Market by Country
- 7.5 North America Telecommunications Market by Country
- 7.6 North America Transportation & Logistics Market by Country
- 7.7 North America Media & Entertainment Market by Country
- 7.8 North America Energy & Utilities Market by Country
- 7.9 North America Others Market by Country
- Chapter 8. North America Edge Computing Market by Country
- 8.1 US Edge Computing Market
- 8.1.1 US Edge Computing Market by Organization Size
- 8.1.2 US Edge Computing Market by Application
- 8.1.3 US Edge Computing Market by Component
- 8.1.4 US Edge Computing Market by Vertical
- 8.2 Canada Edge Computing Market
- 8.2.1 Canada Edge Computing Market by Organization Size
- 8.2.2 Canada Edge Computing Market by Application
- 8.2.3 Canada Edge Computing Market by Component
- 8.2.4 Canada Edge Computing Market by Vertical
- 8.3 Mexico Edge Computing Market
- 8.3.1 Mexico Edge Computing Market by Organization Size
- 8.3.2 Mexico Edge Computing Market by Application
- 8.3.3 Mexico Edge Computing Market by Component
- 8.3.4 Mexico Edge Computing Market by Vertical
- 8.4 Rest of North America Edge Computing Market
- 8.4.1 Rest of North America Edge Computing Market by Organization Size
- 8.4.2 Rest of North America Edge Computing Market by Application
- 8.4.3 Rest of North America Edge Computing Market by Component
- 8.4.4 Rest of North America Edge Computing Market by Vertical
- Chapter 9. Company Profiles
- 9.1 Cisco Systems, Inc.
- 9.1.1 Company Overview
- 9.1.2 Financial Analysis
- 9.1.3 Regional Analysis
- 9.1.4 Research & Development Expense
- 9.1.5 Recent strategies and developments:
- 9.1.5.1 Partnerships, Collaborations, and Agreements:
- 9.1.5.2 Product Launches and Product Expansions:
- 9.1.5.3 Acquisition and Mergers:
- 9.1.6 SWOT Analysis
- 9.2 Hewlett Packard Enterprise Company
- 9.2.1 Company Overview
- 9.2.2 Financial Analysis
- 9.2.3 Segmental and Regional Analysis
- 9.2.4 Research & Development Expense
- 9.2.5 Recent strategies and developments:
- 9.2.5.1 Acquisition and Mergers:
- 9.2.6 SWOT Analysis
- 9.3 Dell Technologies, Inc.
- 9.3.1 Company Overview
- 9.3.2 Financial Analysis
- 9.3.3 Segmental and Regional Analysis
- 9.3.4 Research & Development Expense
- 9.3.5 Recent strategies and developments:
- 9.3.5.1 Partnerships, Collaborations, and Agreements:
- 9.3.6 SWOT Analysis:
- 9.4 Amazon Web Services, Inc. (Amazon.com, Inc.)
- 9.4.1 Company Overview
- 9.4.2 Financial Analysis
- 9.4.3 Segmental Analysis
- 9.4.4 Recent strategies and developments:
- 9.4.4.1 Partnerships, Collaborations, and Agreements:
- 9.4.5 SWOT Analysis
- 9.5 Microsoft Corporation
- 9.5.1 Company Overview
- 9.5.2 Financial Analysis
- 9.5.3 Segmental and Regional Analysis
- 9.5.4 Research & Development Expenses
- 9.5.5 Recent strategies and developments:
- 9.5.5.1 Partnerships, Collaborations, and Agreements:
- 9.5.5.2 Product Launches and Product Expansions:
- 9.5.5.3 Acquisition and Mergers:
- 9.5.6 SWOT Analysis
- 9.6 IBM Corporation
- 9.6.1 Company Overview
- 9.6.2 Financial Analysis
- 9.6.3 Regional & Segmental Analysis
- 9.6.4 Research & Development Expenses
- 9.6.5 Recent strategies and developments:
- 9.6.5.1 Partnerships, Collaborations, and Agreements:
- 9.6.5.2 Product Launches and Product Expansions:
- 9.6.5.3 Acquisition and Mergers:
- 9.6.6 SWOT Analysis
- 9.7 Intel Corporation
- 9.7.1 Company Overview
- 9.7.2 Financial Analysis
- 9.7.3 Segmental and Regional Analysis
- 9.7.4 Research & Development Expenses
- 9.7.5 Recent strategies and developments:
- 9.7.5.1 Partnerships, Collaborations, and Agreements:
- 9.7.5.2 Product Launches and Product Expansions:
- 9.7.5.3 Acquisition and Mergers:
- 9.7.6 SWOT Analysis
- 9.8 Google LLC
- 9.8.1 Company Overview
- 9.8.2 Financial Analysis
- 9.8.3 Segmental and Regional Analysis
- 9.8.4 Research & Development Expense
- 9.8.5 Recent strategies and developments:
- 9.8.5.1 Partnerships, Collaborations, and Agreements:
- 9.8.5.2 Product Launches and Product Expansions:
- 9.8.6 SWOT Analysis
- 9.9 Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- 9.9.1 Company Overview
- 9.9.2 Financial Analysis
- 9.9.3 Segmental and Regional Analysis
- 9.9.4 Research & Development Expense
- 9.9.5 Recent strategies and developments:
- 9.9.5.1 Partnerships, Collaborations, and Agreements:
- 9.9.5.2 Product Launches and Product Expansions:
- 9.10. Nokia Corporation
- 9.10.1 Company Overview
- 9.10.2 Financial Analysis
- 9.10.3 Segmental and Regional Analysis
- 9.10.4 Research & Development Expense
- 9.10.5 Recent strategies and developments:
- 9.10.5.1 Partnerships, Collaborations, and Agreements:
- 9.10.5.2 Product Launches and Product Expansions:
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