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Edge Computing Market Global Forecast 2027 by industry trends & Key Players

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Edge Computing market is projected to grow at a CAGR of 35.2% during the forecasting period 2021-2027

 With the classification of IoT technology and the emergence of fast wireless communication, is making a wide place for the concept of edge computing. Edge computing is changing the way data is being handled, processed, summarized and transformed from a single electronic device to a number of varieties of devices anywhere in the world. This Edge Computing is an integration of mobile and many other physical devices over a control panel or network. These all devices are able to transfer the signals to the main server and also between each device. By employing these various data from a variety of systems we can get assistance to a larger no. of data which by filtering further can act as a key insight for a company in their operations. Because of its potentiality, IoT is getting more attention from all sectors in the world. Edge computing was developed looking towards the exponential growth of IoT devices. Edge computing is expected to play a vital role in the widespread adoption and working of technologies, such as AR/VR, autonomous vehicles, IoT, next-gen CDNs, next-gen cloud, and streaming games.

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The Edge Computing market report has been categorized as below

By Components

  • Hardware

  • Platform

  • Services

By Application

  • Smart Cities

  • Location Services

  • Analytics

  • Environmental Monitoring

  • Optimized Local Content

  • Data Caching

  • Augmented Reality

  • Others

Based on Organization sizes

  • Small and Medium-sized Enterprises (SMEs)

  • Large Enterprises

Based on Verticals

  • Vertical

  • Manufacturing

  • Healthcare

  • Transportation

  • Government

  • Media and Entertainment

  • Energy and Utilities

  • Telecom & IT

  • Retail

  • Others

By Region

  • North America

  • Europe

  • Asia Pacific

  • Rest of World

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