BANGALORE, India, March 3, 2020
BANGALORE, India, March 3, 2020 /PRNewswire/ -- EDGE COMPUTING MARKET OVERVIEW:
The Global Edge Computing Market will grow from USD 2,485.36 million in 2018 to USD 8,854.78 million by the end of 2025 at a compound annual growth rate (CAGR) of 19.90%.
Edge Computing processes the data at the network edge. Edge computing supports applications to analyze and process collected data in real-time, which is one of the key factors driving market demand. In addition, the introduction of the 5G network, various IoT software platforms and languages are expected to provide significant opportunities for market growth in the coming years. However, local hardware and higher maintenance costs are likely to inhibit the growth of the edge computing industry.
The edge computing market report strategically segments the report into components, applications, and end-users. Based on the component, the market is segmented by Hardware, Services, and Software. Based on application, the market is segmented by Analytics, Augmented Reality, Location Services, and Smart Cities. The end-user is segmented by Automotive, Education, Healthcare, and Surveillance.
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TRENDS INFLUENCING THE GLOBAL EDGE COMPUTING MARKET
REGION WISE EDGE COMPUTING MARKET SHARE ANALYSIS
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The adoption of edge computing technologies by large companies is high due to the increased data generation, attributed to the broad geographic reach and customer base. In addition, growing employee demand for access to computing tools and applications while ensuring proper data storage drives the market for edge computing solutions among large enterprises.
ON THE BASIS OF COMPONENT, THE GLOBAL EDGE COMPUTING MARKET IS SEGMENTED BY:
ON THE BASIS OF APPLICATION, THE EDGE COMPUTING MARKET IS SEGMENTED BY:
ON THE BASIS OF END USER, THE EDGE COMPUTING MARKET IS SEGMENTED BY:
THE REPORT PROVIDES INSIGHTS ON THE FOLLOWING POINTERS:
1. Market Penetration: Provides comprehensive information on offered by the key players in the Global Edge Computing Market
2. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and new product developments in the Global Edge Computing Market
3. Market Development: Provides in-depth information about lucrative emerging markets and analyzes the markets for the Global Edge Computing Market
4. Market Diversification: Provides detailed information about new products launches, untapped geographies, recent developments, and investments in the Global Edge Computing Market
5. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, and manufacturing capabilities of the leading players in the Global Edge Computing Market.
THE REPORT ANSWERS QUESTIONS SUCH AS:
1. What is the market size of the Edge Computing market in the Global?
2. What are the factors that affect the growth in the Global Edge Computing Market over the forecast period?
3. What is the competitive position in the Global Edge Computing Market?
4. Which are the best product areas to be invested in over the forecast period in the Global Edge Computing Market?
5. What are the opportunities in the Global Edge Computing Market ?
SIMILAR REPORTS :
The report strategically segments into type and application to give an in-depth analysis. Based on type, the market is segmented by Hardware, Software and Services. Based on application, the market is segmented into Media & Entertainment, Retail, IT & Telecom, Healthcare, BFSI and others.
This report also studies the global competitive landscape, market drivers and patterns, opportunities and challenges, risks, and barriers to entry, distribution channels, distributors, and Porter's Five Forces Analysis.
The research report studies the demand for Edge Computing in the retail market, the report is segmented by type :- Technology, Service, Hardware and further segmented by application:- Electronic Products, Cosmetics, Clothes and other.
The research report studies the market of Edge Computing Services and the report is segmented by Type:- Hardware, Platform, Technology and further by Application :- Manufacturing, Energy & Utilities, IT & Telecom, Health & Life Sciences and Consumer Appliances.
The research report uses different methodologies and analysis to study the Edge Computing in the Manufacturing industry to provide reliable and in-depth market information. The report is segmented by type:- Technology, Service, and Hardware. Further based on the application, the market is segmented into Automotive, Electronic products, Home appliance and other.
The report studies the market size of Multi-access Edge Computing (MEC) by players, countries, product types and end industries. Based on type, the market is further segmented into hardware, software, and service. Based on application, the market is segmented by Education, Healthcare, Automotive, Surveillance, and Others.
Furthermore, this report also studies the global competitive landscape, market drivers and patterns, opportunities and challenges, risks and entry barriers, sales channels, distributors, and Porter's Five Forces Analysis.
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