Global Edge Computing Market
The global edge computing market is forecasted to reach USD 8.96Bn by 2023, expanding at CAGR of 32.6%. Edge computing brings data processing nearer to IoT sensors, to decrease latency and improve efficiency. The internet of things are driven by huge volumes of data generated from activities in our day-to-day lives. Collecting, sending, and processing the massive quantities of data requires companies to act intelligently, quickly, and make better business decisions. Edge computing is a network of data centers that store and process data locally before sending them or cloud. It optimizes computing to avoid disruptions in sending and receiving data.
The global edge computing market is further classified into applications and end users. Based on applications, it is further sub-classified into smart cities, smart factories, connected healthcare, connected vehicles, smart grids, and other. Other applications include edge computing in gaming and e-commerce. Smart cities holds the most significant market share. The rising trend of urbanization is expected to initiate smart city projects to resolve various urban problems using ICT as a base. This will result in the increased application of edge computing in this domain.
Based on end users industries, edge computing networks will be used in the manufacturing sector, energy and utility sector, IT and telecommunication, healthcare and life sciences, and consumer appliances. The IT and telecommunication sector is expected to grab the most significant market share and expand at the highest CAGR. Edge computing is expected to play an active role in LTE networks and assets , as well as the 5G revolution.
By regions, the market is divided into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America would secure the highest demand. Edge computing is the crucial factor in the IOT trend in this region. Asia-Pacific is expected to grow at the highest CAGR. The region is expected to grow at a CAGR of 40.5%.
Key growth factors
The rising number of devices that are connected to artificial intelligence require a lot of real-time analysis. Relying on traditional cloud computing is difficult. That is why it is predicted that edge computing would be the next big trend after cloud.
To avoid network congestions, service providers are deploying a system on the internet that caches the information close to the users by duplicating the content on multiple servers. This is an example of edge computing.
Threats and key players
The crucial challenges faced in deploying edge computing are complications in discovering the edge nodes, and uncompromising quality of services and quality of experiences
The key players in the North America edge computing market are Cisco Systems, Inc, Microsoft Corporation, IBM, Google, Amazon, SAP, Oracle, Huawei Technologies Co.Ltd, and Intel.
What's covered in the report?
1. Overview of the global edge computing market.
2. The current and forecasted regional (North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa) market size data for the North America edge computing market, based on applications: smart cities, smart factories, connected healthcare, connected vehicles, smart grids, and other, based on end users industries manufacturing, energy and utility, IT and telecommunication, healthcare and life sciences, consumer appliances, and transportation and logistics.
3. Market trends in the global edge computing market.
4. Market drivers and challenges for the global edge computing market.
5. Analysis of company profiles of major players operating in the market.
Why buy?
1. Understand the demand of global edge computing market by application and end user industry to determine the viability of the business.
3. Formulate a product marketing strategy - based on the position in the value chain and determine the optimal product/service placement.
4. Identify the gap areas and address them.
5. Develop strategies based on the industry and economic factors for each of the segments.
6. Define the competitive positioning by comparing the products and services with the key players in the market.
Customizations Available
With the given market data, Netscribes offers customizations according to specific needs. Write to us at support@researchonglobalmarkets.com.
Chapter 1: Executive summary
1.1. Market scope and segmentation
1.2. Key questions answered in this study
1.3.1. Executive summary (i)
1.3.2. Executive summary (ii)
1.3.3. Executive summary (iii)
1.3.4. Executive summary (IV)
1.3.5. Executive summary (v)
1.3.5. Executive summary (VI)
Chapter 2: Global edge computing market overview
2.1. Global - market overview
2.2. Global-market drivers
2.3. Global-market trends
2.4. Global-market challenges
2.5. Value chain
2.6.1. Global - applications (smart city)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), drivers, trends
2.6.2. Global - applications (smart factory)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), drivers, trends
2.6.3. Global - applications (connected healthcare)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), drivers, trends
2.6.4. Global - applications (connected vehicle)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), drivers, trends
2.6.5. Global - applications (smart grid)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), drivers, trends
2.6.6. Global - applications (other)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), drivers, trends
2.7.1. Global - end-user industries (manufacturing)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), drivers, trends
2.7.2. Global - end-user industries (energy and utility)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), drivers, trends
2.7.3. Global - end-user industries (IT and telecommunications)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), drivers, trends
2.7.4. Global - end-user industries (healthcare and life science)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), drivers, trends
2.7.5. Global - end-user industries (consumer appliance)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), drivers, trends
2.7.6. Global - end-user industries (transportation and logistics)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), drivers, trends
Chapter 3: North America edge computing market overview
3.1. North America edge computing market-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), drivers, trends and challenges
3.1.1. North America - applications (smart city)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
3.1.2. North America - applications (smart factory)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
3.1.3. North America - applications (Connected healthcare)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
3.1.4. North America - applications (Connected vehicle)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
3.1.5. North America - applications (smart grid)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
3.1.6. North America - applications (other)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
3.2.1. North America - end-user industries (manufacturing)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
3.2.2. North America - end-user industries (energy and utility)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
3.2.3. North America - end-user industries (IT and telecommunication)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
3.2.4. North America - end-user industries (healthcare and life sciences)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
3.2.5. North America - end-user industries (consumer appliance)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
3.2.6. North America - end-user industries (transportation and logistics)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
Chapter 4: Europe edge computing market overview
4.1. Europe edge computing market-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), drivers, trends and challenges
4.1.1. Europe - applications (smart city)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
4.1.2. Europe - applications (smart factory)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), Key observations
4.1.3. Europe - applications (connected healthcare)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
4.1.4. Europe - applications (Connected vehicle)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
4.1.5. Europe - applications (smart grid)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
4.1.6. Europe - applications (others)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
4.2.1. Europe - end-user industries (manufacturing)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
4.2.2. Europe - end-user industries (energy and utility)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
4.2.3. Europe - end-user industries (IT and telecommunication)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
4.2.4. Europe - end-user industries (healthcare and life science)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
4.2.5. Europe - end-user industries (consumer appliance)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
4.2.6. Europe - end-user industries (transportation and logistics)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
Chapter 5: Asia-Pacific edge computing market overview
5.1. Asia-Pacific edge computing market-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), drivers, trends and challenges
5.1.1. Asia-Pacific - applications (smart city)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
5.1.2. Asia-Pacific - applications (smart factory)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), Key observations
5.1.3. Europe - applications (connected healthcare)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
5.1.4. Asia-Pacific - applications (connected vehicle)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
5.1.5. Asia-Pacific - applications (smart grid)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
5.1.6. Asia-Pacific - applications (other)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
5.2.1. Asia-Pacific - end-user industries (manufacturing)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
5.2.2. Asia-Pacific - end-user industries (energy and utility)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
5.2.3. Asia-Pacific - end-user industries (IT and telecommunication)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
5.2.4. Asia-Pacific - end-user industries (healthcare and life science)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
5.2.5. Asia-Pacific - end-user industries (consumer appliance)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
5.2.6. Asia-Pacific - end-user industries (transportation and logistics)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
Chapter 6: Latin America edge computing market overview
6.1. Latin America edge computing market-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), drivers, trends and challenges
6.1.1. Latin America - applications (smart city)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
6.1.2. Latin America - applications (smart factory)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), Key observations
6.1.3. Latin America - applications (connected healthcare)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
6.1.4. Latin America - applications (connected vehicle)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
6.1.5. Latin America - applications (smart grid)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
6.1.6. Latin America - applications (other)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
6.2.1. Latin America - end-user industries (manufacturing)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
6.2.2. Latin America - end-user industries (energy and utility)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
6.2.3. Latin America - end-user industries (IT and telecommunication)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
6.2.4. Latin America - end-user industries (healthcare and life science)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
6.2.5. Latin America - end-user industries (consumer appliance)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
6.2.6. Latin America - end-user industries (transportation and logistics)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
Chapter 7: Middle East and Africa edge computing market overview
7.1. Middle East and Africa edge computing market-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), drivers, trends and challenges
7.1.1. Middle East and Africa - applications (smart city)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
7.1.2. Middle East and Africa - applications (smart factory)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
7.1.3. Middle East and Africa - applications (connected healthcare)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
7.1.4. Middle East and Africa - applications (connected vehicle)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
7.1.5. Middle East and Africa - applications (smart grid)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
7.1.6. Middle East and Africa - applications (other)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
7.2.1. Middle East and Africa - end-user industries (manufacturing)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
7.2.2. Middle East and Africa - end-user industries (energy and utility)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
7.2.3. Middle East and Africa - end-user industries (IT and telecommunication)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
7.2.4. Middle East and Africa - end-user industries (healthcare and life sciences)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
7.2.5. Middle East and Africa - end-user industries (consumer appliance)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
7.2.6. Middle East and Africa - end-user industries (transportation and logistics)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), key observations
Chapter 8: Competitive landscape
8.1 Cisco Systems, Inc (*)
- Company snapshot
- Product/services
- Global presence
- Recent initiatives
- Geographic share of revenue
- Growth strategy
8.2 Microsoft Corporation
8.3. IBM
8.4. Google
8.5. Amazon
8.6. SAP
8.7. Oracle
8.8. Huawei Technologies Co. Ltd.
8.9. Intel Corporation
(*) all the information are similar for the mentioned companies
8.10. Porter's five forces analysis
Chapter 9: Conclusion
9.1. Conclusion
Chapter 10: Appendix
10.1 List of tables
10.2. Research methodology
10.3. Assumptions
10.4. About Netscribes Inc.
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