The Global Edge Computing Market is forecast to grow by $9928.42 mn during 2022-2027, accelerating at a CAGR of 24.74% during the forecast period

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Global Edge Computing Market 2023-2027. Analysts are monitoring the edge computing market and it is projected to grow by $9,928.42 million during 2022-2027, accelerating at a CAGR of 24.74% during the forecast period.

New York, Jan. Sept. 23, 2023 (GLOBE NEWSWIRE) — releases “Global Edge Computing Market 2023-2027” report –
Our report on the edge computing market provides a holistic analysis, market size and forecast, trends, growth drivers and challenges, as well as vendor analysis covering approximately 25 vendors.
The report provides an up-to-date analysis of the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand for distributed computing to reduce latency in decision-making, increasing limitations in front-end devices, and optimizing network traffic for sustainable energy use.

The edge computing market is segmented into:
By end user
• industrial manufacturing
• Telecom
• Mobility
• government
• Etc

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By component
• hardware
• software
• service
• Edge managed platform

by geography
• North America
• Europe
• South America
• Middle East and Africa

The study identifies the deployment of Industry 4.0 infrastructure as one of the key reasons driving the edge computing market growth over the coming years. In addition, the advancement of 5G communication networks and continued efforts to develop edge computing standards will lead to significant demand in the market.

Analysts research, synthesize and aggregate data from multiple sources through key parameter analysis to present a detailed picture of the market. Our report on the edge computing market covers the following areas:
• Edge computing market size
• Edge computing market outlook
• Edge Computing Market Industry Analysis

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This powerful vendor analysis is designed to help clients improve their market positioning, and as such, this report is published by Alphabet Inc., Inc., Arrow Electronics Inc., Capgemini Service SAS, ClearBlade Inc., Dell Technologies Inc., EdgeConneX Inc., General Electric Co., Hewlett Packard Enterprise Co., Huawei Technologies Co. Ltd., Intel Corp., Nokia Corp., NVIDIA Corp., Renesas Electronics Corp. ., Schneider Electric SE, Telefonaktiebolaget LM Ericsson, Aarna Networks Inc., Cisco Systems Inc., International Business Machines Corp. and Microsoft Corp. Additionally, the Edge Computing market analysis report includes information on upcoming trends and challenges that will impact market growth. . It is intended to help companies strategize and capitalize on all future growth opportunities.
This research was conducted using an objective combination of primary and secondary information, including input from key industry contributors. In addition to major vendor analysis, this report includes a comprehensive market and vendor landscape.

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Analysts research, synthesize, and summarize data from multiple sources, analyzing key parameters such as profit, pricing, competition, and promotions to present a detailed picture of the market. It presents different market aspects by identifying key industry influencers. The data presented are comprehensive and reliable, and are the result of extensive research, both primary and secondary. Technavio’s market research reports provide a complete competitive landscape and in-depth vendor selection methodology and analysis using qualitative and quantitative research to accurately predict market growth.
Read the full report:

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