The global market for Edge Computing was valued at US$12.6 Billion in 2024 and is projected to reach US$50.5 Billion by 2030, growing at a CAGR of 26.1% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The rapid proliferation of IoT devices and the increasing volume of data they generate have highlighted the limitations of cloud computing in scenarios requiring real-time processing. Edge computing addresses these challenges by facilitating faster processing and reducing latency, which is vital for applications such as self-driving cars, industrial automation, and telemedicine. These applications depend heavily on immediate insights from data to function effectively and safely. Moreover, as businesses continue to expand their digital infrastructure, edge computing provides an efficient way to distribute processing tasks and handle large streams of data from multiple sources without overwhelming central servers. This not only improves operational efficiency but also enhances data security by localizing data processing, thus reducing the risk of data interception during transmission to a central hub.
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.
Global Edge Computing Market - Key Trends and Drivers Summarized
Edge computing is a distributed computing paradigm that brings computation and data storage closer to the location where it is needed, to improve response times and save bandwidth. This approach contrasts with the traditional centralized model of having all computations occur in a distant cloud or data center. By processing data locally or at nearby edge nodes, edge computing minimizes latency and enhances the performance of applications that rely on real-time data processing. It is particularly crucial for Internet of Things (IoT) devices, autonomous vehicles, smart cities, and real-time analytics, where immediate data processing is essential for decision-making and operations management.The rapid proliferation of IoT devices and the increasing volume of data they generate have highlighted the limitations of cloud computing in scenarios requiring real-time processing. Edge computing addresses these challenges by facilitating faster processing and reducing latency, which is vital for applications such as self-driving cars, industrial automation, and telemedicine. These applications depend heavily on immediate insights from data to function effectively and safely. Moreover, as businesses continue to expand their digital infrastructure, edge computing provides an efficient way to distribute processing tasks and handle large streams of data from multiple sources without overwhelming central servers. This not only improves operational efficiency but also enhances data security by localizing data processing, thus reducing the risk of data interception during transmission to a central hub.
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.
Scope of the Study
The report analyzes the Edge Computing market, presented in terms of market value (US$ Thousand). The analysis covers the key segments and geographic regions outlined below.Segments:
Component (Hardware, Platform, Other Components); Application (Smart Cities, Industrial Internet of Things (IIoT), Remote Monitoring, Content Delivery, Other Applications); Vertical (Manufacturing, Retail, Transportation & Logistics, IT & Telecom, Government & Defense, Energy & Utilities, Other Verticals).Geographic Regions/Countries:
World; USA; Canada; Japan; China; Europe; France; Germany; Italy; UK; Rest of Europe; Asia-Pacific; Rest of World.Key Insights:
- Market Growth: Understand the significant growth trajectory of the Edge Computing Hardware segment, which is expected to reach US$23.5 Billion by 2030 with a CAGR of a 25.2%. The Edge Computing Platform segment is also set to grow at 27.3% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, valued at $4.1 Billion in 2024, and China, forecasted to grow at an impressive 33.2% CAGR to reach $7.9 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 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., ADLINK Technology, Inc., Adva Optical Networking SE and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
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?
Some of the 256 major companies featured in this Edge Computing market report include:
- 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
Table of Contents
I. METHODOLOGYMII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISREST OF WORLDIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
REST OF EUROPE
ASIA-PACIFIC
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- 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
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 796 |
| Published | February 2025 |
| Forecast Period | 2024 - 2030 |
| Estimated Market Value ( USD | $ 12.6 Billion |
| Forecasted Market Value ( USD | $ 50.5 Billion |
| Compound Annual Growth Rate | 26.1% |
| Regions Covered | Global |
