{"id":181510,"date":"2021-12-02T13:55:00","date_gmt":"2021-12-02T13:55:00","guid":{"rendered":"https:\/\/icrowdnewswire.com\/?p=2959104"},"modified":"2021-12-02T13:55:00","modified_gmt":"2021-12-02T13:55:00","slug":"edge-computing-market-was-valued-at-usd-2456-million-in-2019-and-is-foreseen-to-rise-at-a-cagr-of-32-4-during-the-forecast-period","status":"publish","type":"post","link":"https:\/\/ipsnews.net\/business\/2021\/12\/02\/edge-computing-market-was-valued-at-usd-2456-million-in-2019-and-is-foreseen-to-rise-at-a-cagr-of-32-4-during-the-forecast-period\/","title":{"rendered":"Edge Computing Market was Valued at USD 2,456 Million in 2019 and is Foreseen to rise at a CAGR of 32.4% during the Forecast Period"},"content":{"rendered":"<p><img decoding=\"async\" width=\"300\" height=\"125\" src=\"https:\/\/icrowdnewswire.com\/wp-content\/uploads\/2021\/12\/3615-Website20Logo-3.png\" class=\"webfeedsFeaturedVisual wp-post-image\" alt=\"3615 Website20Logo 3\" loading=\"lazy\" style=\"display: block; margin-bottom: 5px; clear:both;max-width: 100%;\" link_thumbnail=\"\" title=\"Edge Computing Market was Valued at USD 2,456 Million in 2019 and is Foreseen to rise at a CAGR of 32.4% during the Forecast Period 2\"><\/p>\n<p>Edge Computing Market was estimated at USD 2,456 Million in 2019 and is expected to grow at a CAGR of 32.4% during forecast period. As per the analysis of the edge computing market by GMI Research, several factors are responsible for the market growth during the forecast period. The significant factors are the high penetration of innovative technologies applications and the growing number of autonomous vehicles across different countries.&nbsp;<\/p>\n<p><a title=\"Request for a free Sample Report on&nbsp;Edge Computing Market\" href=\"https:\/\/www.gmiresearch.com\/report\/global-edge-computing-market-iot\/sample-request\" target=\"_blank\" rel=\"noopener\"><strong>Request for a free Sample Report on&nbsp;Edge Computing Market<\/strong><\/a><\/p>\n<p><strong>Introduction of Edge Computing Market<\/strong>&nbsp;<\/p>\n<p>Edge computing is a part of distributed networking philosophy that emphasizes bringing the computing closer to the data source to reduce latency and save bandwidth. It runs a small number of processes in the cloud and moves them to the local places, like an IoT device, user&#8217;s computer, and an edge server. Edge computing makes the computation and data storage adjacent to the devices, where it is collected rather than dependant on a central location thousands of miles away.&nbsp;<\/p>\n<p><strong>Key players of the Market<\/strong>&nbsp;<\/p>\n<ul>\n<li>Hewlett Packard Enterprise Development LP<\/li>\n<li>Cisco Systems, Inc.<\/li>\n<li>Dell Inc.<\/li>\n<li>Huawei Technologies Co., Ltd.<\/li>\n<li>IBM<\/li>\n<li>Nokia<\/li>\n<li>FogHorn&nbsp;Systems<\/li>\n<li>Amazon Web Services, Inc.<\/li>\n<li>MachineShop&nbsp;Inc<\/li>\n<li>Saguna Networks Ltd.<\/li>\n<\/ul>\n<p><strong>Edge Computing Market Dynamics<\/strong>&nbsp;<\/p>\n<p>The prominent factors steering the growth of the&nbsp;global&nbsp;<strong><a title=\"edge computing market\" href=\"https:\/\/www.gmiresearch.com\/report\/global-edge-computing-market-iot\/\" target=\"_blank\" rel=\"noopener\">edge computing market<\/a>&nbsp;<\/strong>include the high penetration in the adoption of such technology by telecommunication organizations and the increasing digital transformation, which results in the implementation of IoT across different companies. In addition, the continuous rise in connected devices across the globe and the population inclined towards the use of high-performance smartphone apps; are some other factors mushrooming the Market during the forecast period. Edge computing provides various remarkable advantages like real-time or faster data processing &amp; analysis, decreased network traffic, curtailed costs, and enhanced application efficiency.<\/p>\n<p>All these benefits are surging&nbsp;<strong>edge computing market share.<\/strong>&nbsp;Moreover, the rising penetration of autonomous vehicles across several countries and the ability of edge computing to expedite effective data management are the vital drivers burgeoning the Market&#8217;s growth. As per the&nbsp;<strong>edge computing market analysis<\/strong>, the factors responsible for hampering the&nbsp;<strong>edge computing market size<\/strong>&nbsp;include the growing concerns related to the privacy and safety of the data and the availability of complex infrastructure of the edge computing network.&nbsp;<\/p>\n<p><strong>Edge Computing Market Segmentation<\/strong>&nbsp;<\/p>\n<p><strong>Component Market Drivers<\/strong>&nbsp;<\/p>\n<p>Based on the component, the hardware segment is projected to increase at a higher CAGR during the forecast period attributed to the expansion in the application of hardware components like gateways, routers, and sensors by technologies including EDC and AMR. In addition, the&nbsp;<strong>edge computing market forecast<\/strong>&nbsp;shows that the high penetration for innovative technologies like artificial intelligence and machine learning across several verticals resulted in the rising inclination towards the use of high-performance, boosting the segment growth.&nbsp;<\/p>\n<p><strong>Organization Size Market Drivers<\/strong>&nbsp;<\/p>\n<p>The large enterprise segment is expected to grow at a higher CAGR over the forecast period. It is attributed to the high demand for edge computing solutions due to a rise in the requirement for comparing the large volume of data generated by these enterprises.&nbsp;<\/p>\n<p><strong>Geographical Drivers<\/strong>&nbsp;<\/p>\n<p>Based on the region, the Asia-Pacific region is expected to rise at a faster CAGR throughout the forecast period due to the rising penetration of edge computing solutions amongst several countries like India, China, and Japan. Furthermore, the growing adoption of multiple innovative technologies, including the increasing use of connected infrastructure and IoT across the Asia Pacific and the rising small &amp; medium-sized enterprises, are a few other factors encouraging the Market&#8217;s growth in the region.&nbsp;<\/p>\n<p><strong>Edge Computing Market Segmentation<\/strong>&nbsp;<\/p>\n<p><strong>Market Segmentation by Component<\/strong>&nbsp;<\/p>\n<ul>\n<li>Platform<\/li>\n<li>Hardware<\/li>\n<li>Services<\/li>\n<\/ul>\n<p><strong>Market Segmentation by Application<\/strong>&nbsp;<\/p>\n<ul>\n<li>Industrial Internet of Things<\/li>\n<li>Smart Cities<\/li>\n<li>Content Delivery<\/li>\n<li>Remote Monitoring<\/li>\n<li>Augmented Reality &amp; Virtual Reality<\/li>\n<li>Others<\/li>\n<\/ul>\n<p><strong>Market Segmentation Organization Size<\/strong>&nbsp;<\/p>\n<ul>\n<li>Small &amp; Medium-Sized Enterprises<\/li>\n<li>Large Enterprises<\/li>\n<\/ul>\n<p><strong>Market Segmentation by Vertical<\/strong>&nbsp;<\/p>\n<ul>\n<li>Energy &amp; Utilities<\/li>\n<li>Manufacturing<\/li>\n<li>Telecommunications<\/li>\n<li>Government &amp; Defense<\/li>\n<li>Retail &amp; Consumer Goods<\/li>\n<li>Media &amp; Entertainment<\/li>\n<li>Healthcare &amp; Lifesciences<\/li>\n<li>Transportation &amp; Logistics<\/li>\n<li>Others<\/li>\n<\/ul>\n<p><strong>Market Segmentation by Region<\/strong>&nbsp;<\/p>\n<p><strong>North America&nbsp;<\/strong><\/p>\n<ul>\n<li>US&nbsp;<\/li>\n<li>Canada&nbsp;<\/li>\n<\/ul>\n<p><strong>Europe<\/strong><\/p>\n<ul>\n<li>UK&nbsp;<\/li>\n<li>Germany&nbsp;<\/li>\n<li>France&nbsp;<\/li>\n<li>Spain&nbsp;<\/li>\n<li>Rest of Europe<\/li>\n<\/ul>\n<p><strong>Asia-Pacific&nbsp;<\/strong><\/p>\n<ul>\n<li>China&nbsp;<\/li>\n<li>India&nbsp;<\/li>\n<li>Japan&nbsp;<\/li>\n<li>Rest of APAC&nbsp;<\/li>\n<\/ul>\n<p><strong>RoW&nbsp;<\/strong><\/p>\n<ul>\n<li>Brazil&nbsp;<\/li>\n<li>South Africa&nbsp;<\/li>\n<li>Saudi Arabia&nbsp;<\/li>\n<li>UAE&nbsp;<\/li>\n<li>Rest of world<\/li>\n<\/ul>\n<p><strong>Introduction of GMI Research<\/strong>&nbsp;<\/p>\n<p><a title=\"GMI Research\" href=\"https:\/\/www.gmiresearch.com\/\" target=\"_blank\" rel=\"noopener\"><strong>GMI Research<\/strong><\/a> is a market research and consulting firm that provides market insights and intelligence across 12 major sectors, helping our clients make effective investment and business decisions.<\/p>\n<p class=\"tags\">Tags: <a href=\"https:\/\/icrowdnewswire.com\/tag\/edge-computing-market-size\/\" rel=\"tag noopener\" target=\"_blank\">Edge Computing Market Size<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/tag\/edge-computing-market-forecast\/\" rel=\"tag noopener\" target=\"_blank\">Edge Computing Market Forecast<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/tag\/edge-computing-market\/\" rel=\"tag noopener\" target=\"_blank\">Edge Computing Market<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/tag\/edge-computing-market-analysis\/\" rel=\"tag noopener\" target=\"_blank\">Edge Computing Market Analysis<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/tag\/global-edge-computing-market\/\" rel=\"tag noopener\" target=\"_blank\">Global Edge Computing Market<\/a> <\/p>\n<div><strong>See Campaign: <\/strong><a href=\"https:\/\/www.gmiresearch.com\/report\/global-edge-computing-market-iot\/\" target=\"_blank\" rel=\"noopener\">https:\/\/www.gmiresearch.com\/report\/global-edge-computing-market-iot\/<\/a><br \/><b>Contact Information:<\/b><br \/>Company Name: GMI RESEARCH Contact Person: Sarah Nash Email: enquiry@gmiresearch.com Phone: Europe \u2013 +353 1 442 8820; US \u2013 +1 860 881 2270 Address: Dublin, Ireland Website: www.gmiresearch.com<\/p>\n<p><b>Tags:<\/b><br \/><a href=\"https:\/\/icrowdnewswire.com\/category\/menafn\/\" rel=\"category tag noopener\" target=\"_blank\">Menafn<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/ips\/\" rel=\"category tag noopener\" target=\"_blank\">IPS<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/pr-wirein\/\" rel=\"category tag noopener\" target=\"_blank\">PR-Wirein<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/news-category\/extended-distribution\/\" rel=\"category tag noopener\" target=\"_blank\">Extended Distribution<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/news-category\/research-newswire\/\" rel=\"category tag noopener\" target=\"_blank\">Research Newswire<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/language\/english\/\" rel=\"category tag noopener\" target=\"_blank\">English<\/a><\/p>\n<\/div>\n<div>\n<h3>Contact Information:<\/h3>\n<p>Company Name: GMI RESEARCH<br \/> Contact Person: Sarah Nash<br \/> Email: enquiry@gmiresearch.com<br \/> Phone: Europe \u2013 +353 1 442 8820; US \u2013 +1 860 881 2270<br \/> Address: Dublin, Ireland<br \/> Website: www.gmiresearch.com<\/p>\n<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Edge Computing Market was estimated at USD 2,456 Million in 2019 and is expected to grow at a CAGR of 32.4% during forecast period. As per the analysis of the edge computing market by GMI Research, several factors are responsible for the market growth during the forecast period. The significant factors are the high penetration [&hellip;] <a href=\"https:\/\/ipsnews.net\/business\/2021\/12\/02\/edge-computing-market-was-valued-at-usd-2456-million-in-2019-and-is-foreseen-to-rise-at-a-cagr-of-32-4-during-the-forecast-period\/\" class=\"more-link\">Continue Reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":291,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-181510","post","type-post","status-publish","format-standard","hentry","category-press-release"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Edge Computing Market was Valued at USD 2,456 Million in 2019 and is Foreseen to rise at a CAGR of 32.4% during the Forecast Period - Business<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/ipsnews.net\/business\/2021\/12\/02\/edge-computing-market-was-valued-at-usd-2456-million-in-2019-and-is-foreseen-to-rise-at-a-cagr-of-32-4-during-the-forecast-period\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Edge Computing Market was Valued at USD 2,456 Million in 2019 and is Foreseen to rise at a CAGR of 32.4% during the Forecast Period - Business\" \/>\n<meta property=\"og:description\" content=\"Edge Computing Market was estimated at USD 2,456 Million in 2019 and is expected to grow at a CAGR of 32.4% during forecast period. 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As per the analysis of the edge computing market by GMI Research, several factors are responsible for the market growth during the forecast period. 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