Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 16.28 Billion | USD 246.88 Billion | 35.27% | 2023 |
Zion Market Research has published a report on the global Edge Computing Market, estimating its value at USD 16.28 Billion in 2023, with projections indicating that it will reach USD 246.88 Billion by 2032. The market is expected to expand at a compound annual growth rate (CAGR) of 35.27% over the forecast period 2024-2032. The report explores the factors fueling market growth, the hitches that could hamper this expansion, and the opportunities that may arise in the Edge Computing industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.
The report covers an in depth analysis of the strategies adopted by major competitors in the edge computing market. To understand the competitive landscape in the edge computing market, an analysis of Porter’s Five Forces model is also included. The research study comprises of market attractiveness analysis, wherein installation, distribution channel, propulsion, power supply and regional segments are benchmarked on the basis of their market size and growth rate.
The research study provides a decisive view on the edge computing market based on components, applications, organization sizes, verticals, and regions. All the segments of the edge computing market have been analyzed based on the past, present, and future trends. The market is estimated from 2020 to 2026. The regional segment is further split into the U.S., Canada, Mexico, UK, France, Germany, China, Japan, India, South Korea, Brazil, and Argentina among others.
Report Attributes | Report Details |
---|---|
Report Name | Edge Computing Market |
Market Size in 2023 | USD 16.28 Billion |
Market Forecast in 2032 | USD 246.88 Billion |
Growth Rate | CAGR of 35.27% |
Number of Pages | 173 |
Key Companies Covered | HPE, Cisco, Dell Technologies, IBM, Litmus Automation, SixSq Sarl, FogHorn Systems, Saguna Networks, MachineShop, and Altran among others |
Segments Covered | By Components, By Applications, By Organization Sizes, By Verticals And By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Detailed analysis of the major players in the global edge computing market includes their financial overview, business strategies, recent developments, and the product offered by them in the market. This will help in assessing the market competition. Key competitors included in this report are
This report segments the global edge computing market as follows:
Global Edge Computing: Components Segment Analysis
Global Edge Computing: Applications Segment Analysis
Global Edge Computing: Organization sizes Segment Analysis
Global Edge Computing: Verticals Segment Analysis
Global Edge Computing: Regional Segment Analysis
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