Edge Computing - Global Strategic Business Report

The global market for Edge Computing is estimated at US$9.8 Billion in 2023 and is projected to reach US$50.5 Billion by 2030, growing at a CAGR of 26.3% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

The growth in the edge computing market is driven by several factors, including advancements in network technology, an increase in the number of connected devices, and a shift towards digitalization across various industries. The rollout of 5G technology is a significant driver, as it offers the high-speed connectivity necessary to support edge computing deployments with enhanced reliability and lower latency. The surge in the number of IoT devices further fuels demand for edge computing solutions, as these devices require robust infrastructure to process and analyze data locally. Additionally, consumer and industry behavior towards adopting smart technologies and automating operations stimulates the integration of edge solutions in sectors such as manufacturing, healthcare, and retail. These sectors benefit from real-time data analysis capabilities that edge computing provides, leading to more informed decision-making and optimized operations.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the Smart Cities Application segment, which is expected to reach US$20.9 Billion by 2030 with a CAGR of a 27.8%. The Industrial Internet of Things (IIoT) Application segment is also set to grow at 27.5% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, estimated at $3.2 Billion in 2023, and China, forecasted to grow at an impressive 33.6% CAGR to reach $7.9 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

• Detailed Market Analysis: Access a thorough analysis of the Global Edge Computing Market, covering all major geographic regions and market segments.
• Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Edge Computing Market.
• Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

• How is the Global Edge Computing Market expected to evolve by 2030?
• What are the main drivers and restraints affecting the market?
• Which market segments will grow the most over the forecast period?
• How will market shares for different regions and segments change by 2030?
• Who are the leading players in the market, and what are their prospects?

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of major players such as ABB Ltd., Amazon Web Services, Inc., Advantech Co., Ltd., and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 256 Featured):

• ABB Ltd.
• Amazon Web Services, Inc.
• Advantech Co., Ltd.
• ADLINK Technology, Inc.
• Adva Optical Networking SE
• American Tower Corporation
• Altizon Inc.
• AlefEdge
• Aikaan Labs
• Amber Flux Pvt Ltd
• 7SENS
• Addx.ai
• Aparna Systems,Inc.
• Alfi, Inc.
• Aetheros