Edge Computing Market

Edge Computing Market by Component (Hardware, Software, and Services), Application (Smart Cities, Remote Monitoring, loT, AR and VR, Content Delivery), Organization Size (Large Enterprises and SMEs), Vertical and Region - Global Forecast to 2028

Report Code: TC 5693 Jun, 2023, by marketsandmarkets.com

The global Edge Computing Market size is expected to grow from USD 53.6 billion in 2023 to USD 111.3 billion by 2028, at a Compound Annual Growth Rate (CAGR) of 15.7% during the forecast period.

The impact of recession on the market is covered throughout the report. Our modern-day lives are overfilled with new digital developments. Regular permeation has expanded from the usage of AR tools like face filters, VR tools like voice assistants to smart IoT devices across industry verticals like healthcare, government and defense, manufacturing, among others. The changes and growth of these devices entail lightning speeds and huge volumes of data consumption which cannot be efficiently scaled for real-time processing and security by the cloud. Edge computing with its distributed approach and local, intelligent processing at the edge enables these developments and supports in the complete realization of these technologies, benefiting the most out of these. Lower latency, data processing at the edge and without the need to be transferred, higher computing capacity, enhanced security are few key driving forces in the edge computing market. Recession has a positive impact on the edge computing market.

Edge Computing Market

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Edge Computing Market

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Recession Impact on the global Edge Computing Market

The edge computing market has witnessed direct and indirect impacts due to the economic slowdown. Some of the major implications include reduced investments, delayed deployments, cancelled client projects, increased focus on cost optimization, the demand for edge solutions, impact on edge device manufacturers, and focus on efficiency and automation. The recession has slightly affected the manufacturing sector, including the production of edge devices and sensors. If manufacturers face continuously decreased demand or financial difficulties, it could lead to supply chain disruptions, increased prices, or delays in delivering edge computing hardware. Further, edge computing typically requires upfront infrastructure, hardware, and software investments. Due to the economic slowdown, organizations are now more cautious about capital expenditures and are less willing to take on the financial burden of implementing and maintaining edge computing solutions. The perceived risks and uncertainties associated with new technology adoption may deter organizations from pursuing edge computing initiatives.

Edge Computing Market Dynamics

Drivers: Exponentially increasing data volume(s) and network traffic

With the increased digitalization, data is increasing at a tremendous rate. According to the United Nations Economic Commission for Europe, data growth will be 350% higher by the end of 2019 compared to 2015. This exponential increase in data traffic requires higher network bandwidth. It can also lead to incomprehensible network congestion and failure. According to Cisco, cloud data center traffic will grow at a CAGR of 27% from 2016 to 2021. However, the benefits of edge computing, such as low latency, high bandwidth, and low power, enable enterprises to easily overcome such issues by moving data processing and analysis closer to the source. Instead of moving all the data directly to the centralized storage, local edge computing centers identify only the vital and mission-critical data and send it to the central data center or cloud. On the other hand, local edge centers also offload workload by compiling and sending daily reports about remaining data for long-term storage. Subsequently, this helps in reducing the data that traverses the network, thereby reducing network bottlenecks.

Restraints: Initial CAPEX investments for infrastructure

Business practices are shifting from Capex to Opex (Operational Expenses). As a result, an organization today has the flexibility to source its software according to its business needs. This shift significantly reduces capital expenditure (CAPEX) because large parts of the physical infrastructure, such as servers, server rooms, or skilled and trained personnel, can be eliminated, thereby eliminating a restraint in the edge computing market. The cost for the software investment thus shifts from one-off, expensive capital expenditure that appears in a company’s assets as tied-up capital to flexible consumption-based, monthly operating costs – basically as a kind of subscription service. Capex is a barrier when edge technology is needed to be functional, full-fledged, effectively and efficiently.

Capital expenditure does not necessarily shift to the operating costs in the same amount. Ultimately, a decisive advantage of cloud solutions is their scalability and the flexibility that goes with it. Unlike Opex investments, Capex investments are usually costly and simply cannot be replaced after implementation. Therefore, an enterprise is tied to its investment for the long term, which clearly makes it very sluggish in IT operations and not as agile as is the case with Opex costs. In the long run, when new technologies make their way into IT, flexibility and scalability plays/poses a decisive advantage.  Given the rapid speed of technical innovations, supposedly one-off capital expenditure (Capex) can quickly become permanent and develop into regular and unforeseen follow-up expenditure. Trained and reliable personnel are needed to administer and maintain IT systems independently in CAPEX investments. Scalability of in-house IT resources is complicated and too costly.

Opportunities: Emergence of autonomous vehicles and connected car infrastructure such as Android Auto, Apple CarPlay

Edge computing in autonomous cars can enable more accurate and quicker utilization of the data collected, enabling edge data centers to offload non-critical data and retain important data within the vehicle. Combined with Artificial Intelligence (AI) and Machine Learning (ML), edge computing can also help achieve situational awareness within a fraction of the time by providing local processing power to speed up the processing of huge data generated through autonomous cars. This smart driving can help prevent road accidents and avoid traffic jams effectively. Owing to the benefits of edge computing, more autonomous car manufacturers are expected to invest in the technology in the coming years, which is further expected to bolster the edge computing market growth.

Challenges: Cyberattacks and limited authentication capabilities at the edge

Despite the benefits, the edge computing architecture is susceptible to cyberattacks with the addition of vulnerable edge nodes and IoT devices. Various IoT devices, such as security cameras, smart doorbells, and baby monitors, have limited capabilities of authentication and encryption. Hence, they are prone to tampering, eavesdropping, malicious congestion, and identity forging. With the increasing number of IoT startups and rising competition, many small companies rely on security through obscurity while neglecting the risk of cyberattacks. As these devices lack robust IT hardware protocols, users having less or no knowledge about IT security might lose critical data, paving the way for malware that could shun the entire edge network. This could also lead to large security breaches and can cause huge economic losses to the entire ecosystem. Eliminating authentication and enumeration vulnerabilities is the biggest challenge for IoT device manufacturers until the companies introduce some tough protocols and authentication systems within the devices.

Market Ecosystem

Edge Computing Market

Based on component, hardware segment to hold the second highest CAGR in the edge computing market during the forecast period

Edge computing devices are designed to perform a specific task and are equipped with applications required to perform various tasks. For instance, sensors are utilized to monitor machine temperature. In this case, the sensor collects the temperature data from the machine and transfers this to the data center. Few edge computing devices act as a gateway to facilitate data aggregation, analysis, and control. On the other hand, other edge devices act as computational nodes, capable of performing complex operations and analyses on self-generated data. Local data centers are large-scale facilities owned and governed by service providers. These data centers are close enough to the edge devices to support load balancing, data storage, and optimal resource allocation.

Based on application, content delivery segment to show promising growth in the edge computing market during the forecast period

The adoption rate of cloud, all-things-video, IoT, and edge computing brings life back to Content Delivery Networks (CDNs) and multi-CDN designs. A content delivery network is a group of geographically distributed servers that speed up the delivery of web content closer to the user network. A CDN is an edge application used to manage heavy workloads and maintain Quality of Experience (QoE). Edge computing aims at decentralizing data processing and improving delivery time as much as possible. So, by shortening the distance between devices and the storage cloud, edge computing eliminates the bandwidth constraints. As per Cisco, CDNs are expected to handle 72% of the worldwide internet traffic by 2022, while they handled up to 56% in 2017.

Based on organization size, SMEs to record a higher CAGR in the edge computing market during the forecast period

Organizations with employee numbers ranging from 1 to 1,000 are categorized as SMEs. According to a survey by the VOLTA data center, 38% of small businesses utilize edge computing technology compared to large enterprises, which is 60%. Leading companies, such as AWS and TIBCO, have introduced lightweight edge computing solutions to help automate data analysis with rapid implementation benefits at a lower infrastructure cost. With the increasing awareness about the edge computing benefits, the growth of the edge computing market could be high among SMEs in the future. Edge and cloud computing use 5G networks, which is fast and increases bandwidth. This will impact a small business operation where it will be possible to transmit massive volumes of data within a short period and therefore be able to serve a larger number of customers. On data storage, using a 5G network allows organizations and individuals to store massive amounts of data. Small businesses can use edge computing to ensure services are run effectively and quality service is provided to customers. Edge computing allows users to store data on their devices and computers, thereby eliminating the need for additional data servers stored offsite. Most small businesses could utilize edge computing to ensure the automation of critical business functions.

Based on vertical, transportation and logistics industry to record the second highest market share in the edge computing market during the forecast period

Decreasing carbon emissions, ensuring driver and passenger safety, and managing assets efficiently are key drivers among transportation and logistics companies to adopt emerging technologies, such as smart sensors, computational devices, and security systems. The transportation and logistics industry has undergone a significant transformation with the advent of IoT and edge computing. Edge computing reduces data sharing and latency by facilitating connection with devices and sensors in vehicles and databases, enabling intelligent transportation. By considering the status of traffic and weather, edge computing formulates route plans and reduces traffic and accident risks. This ensures the safety of drivers and reduces the detrimental effect of increasing carbon emissions.

North America to hold the largest market share in the edge computing market recording the third highest CAGR during the forecast period

The North American region has played a significant role in the growth and development of the edge computing market. It has been at the forefront of adopting and implementing edge computing technologies, driving innovation, and influencing global trends in this domain. North America has a robust and mature IT infrastructure, making it an ideal environment for edge computing deployments. The region is home to several major technology companies and cloud service providers that have been instrumental in driving the adoption of edge computing solutions. These companies have invested heavily in developing edge infrastructure, data centers, and edge-enabled services to cater to the increasing demand for low-latency and high-performance computing at the network edge. Moreover, the North American market has witnessed a surge in the number of connected devices and the exponential growth of data generated by these devices. Edge computing provides a solution to process and analyze this massive volume of data at the edge, closer to the source, thereby reducing latency and improving real-time decision-making capabilities. The region has also seen significant developments in sectors such as manufacturing, healthcare, transportation, and retail, where edge computing is being leveraged to enhance operational efficiency, enable autonomous systems, facilitate edge-based analytics, and deliver personalized experiences to customers. Furthermore, the North American market has witnessed the emergence of edge-focused startups and partnerships between technology companies, telecommunications providers, and cloud service providers to accelerate the adoption and deployment of edge computing solutions. These collaborations have contributed to the growth of the edge computing ecosystem in the region.

Edge Computing Market  Size, and Share

Key Market Players

The edge computing market is dominated both by established companies as well as startups such as Cisco (US), AWS (US), Dell Technologies (US), HPE (US), Huawei (China), IBM (US), Intel (US), Litmus Automation (US), Microsoft (US), Nokia (Finland), ADLINK (Taiwan), Axellio (US), Capgemini (France), ClearBlade (US), Digi International (US), Fastly (US), StackPath (US), Vapor IO (US), GE Digital (US), Moxa (Taiwan), Sierra Wireless (Canada), Juniper Networks (US), EdgeConnex (US), Belden (US), Saguna Networks (Israel), Edge Intelligence (US), Edgeworx (US), Sunlight.io (UK), Mutable (US), Hivecell (US), Section (US), EdgeIQ (US). These vendors have a large customer base and strong geographic footprint along with organized distribution channels, which boosts them in revenue generation. 

The study includes an in-depth competitive analysis of these key players in the edge computing Market with their company profiles, recent developments, and key market strategies. 

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Scope of the Report

Report Metrics

Details

Market size available for years

2017-2028

Base year considered

2022

Forecast period

2023-2028

Forecast units

Value (USD Million/USD Billion)

Segments covered

Components (Hardware, Software, and Services), Application (Smart Cities, Remote Monitoring), Organization Size, Vertical, and Regions

Regions covered

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America

Companies covered

Cisco (US), AWS (US), Dell Technologies (US), Google (US), HPE (US), Huawei (China), IBM (US), Intel (US), Litmus Automation (US), Microsoft (US), Nokia (Finland), ADLINK (Taiwan), Axellio (US), Capgemini (France), ClearBlade (US), Digi International (US), Fastly (US), StackPath (US), Vapor IO (US), GE Digital (US), Moxa (Taiwan), Sierra Wireless (Canada), Juniper Networks (US), EdgeConnex (US), Belden (US), Saguna Networks (Israel), Edge Intelligence (US), Edgeworx (US), Sunlight.io (UK), Mutable (US), Hivecell (US), Section (US), EdgeIQ (US) 

This research report categorizes the edge computing market to forecast revenue and analyze trends in each of the following submarkets:

Based on the Component:

  • Hardware
  • Software
  • Services

Based on the Application:

  • Smart Cities
  • Industrial Internet of Things (IIoT)
  • Remote Monitoring
  • Content Delivery
  • Augmented Reality (AR) and Virtual Reality (VR)
  • Others (Autonomous Vehicles, Drones, And Gaming)

Based on the Organization Size:

  • Large Enterprises
  • SMEs

Based on the Verticals:

  • Manufacturing
  • Energy and Utilities
  • Government and Defense
  • Telecommunications
  • Media and Entertainment
  • Retail and Consumer Goods
  • Transportation and Logistics
  • Healthcare and Life Sciences
  • Other Verticals (BFSI and Education)

Based on Regions:

  • North America
    • United States
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • Australia
    • Rest of Asia Pacific
  • Middle East and Africa
    • United Arab Emirates (UAE)
    • Saudi Arabia
    • South Africa
    • Rest of Middle East and Africa
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America

Recent Developments

  • In May 2023, Dell Technologies unveiled its NativeEdge platform that has the capability to ease the deployment and management complexities of edge devices for remote-focused firms. NativeEdge replaces Dell’s Project Frontier, which was launched earlier. The new platform is designed as an edge computing platform that provides clients a choice around software, IoT, multi-cloud tools and operational technology to simplify, automate and manage edge infrastructure.
  • In April 2023, Nokia launched 4 third-party applications for MX Industrial Edge, which would foster enterprises connect, collect, and analyze data from disparate sources, including video cameras, thereby unlocking its value from operational technology assets over a robust and secure on-premises edge.  
  • In April 2023, Dell Technologies collaborated with Ericsson which will enable open cloud networks that allow customers to choose their own infrastructure while ensuring telco-grade performance at the far edge. Including Dell PowerEdge servers to Ericsson’s Cloud RAN solution, including the PowerEdge XR8000 and XR5610, which are specifically designed for telecom, Open RAN and mobile edge-computing workloads, the company brings more choices and flexibility for Cloud RAN customers. Dell PowerEdge servers assist facilitating the Cloud RAN journey owing to their high performance, small form factors, resilience, and interconnectivity with the larger network(s). 
  • In February 2023, Cisco introduced its Cisco Edge Intelligence, a solution by Cisco that improves data governance and control, fetching intelligent insights from connected assets to improve the competitiveness of an organization. It is built on Cisco’s industry-leading multi-layered security.
  • In February 2023, the acquisition of Athonet by HPE will integrate Athonet’s technology into its existing Communications Service Provider [CSP] and Aruba networking enterprise offerings to create a private networking portfolio which accelerates digital transformation from edge-to-cloud. Few benefits include enhanced private networks, accelerated private 5G deployments, new enterprise revenue streams for telecom companies with differentiated services leveraging 5G and Wi-Fi, management of operational complexity and cost efficiency with 5G orchestration and zero-touch automation to deliver newer workloads from edge-to-cloud.

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TABLE OF CONTENTS
 
1 INTRODUCTION (Page No. - 38)
    1.1 STUDY OBJECTIVES 
    1.2 MARKET DEFINITION 
           1.2.1 INCLUSIONS AND EXCLUSIONS
    1.3 MARKET SCOPE 
           1.3.1 MARKET SEGMENTATION
           1.3.2 REGIONS COVERED
           1.3.3 YEARS CONSIDERED
    1.4 CURRENCY CONSIDERED 
           TABLE 1 USD EXCHANGE RATES, 2019–2022
    1.5 STAKEHOLDERS 
    1.6 SUMMARY OF CHANGES 
 
2 RESEARCH METHODOLOGY (Page No. - 43)
    2.1 RESEARCH DATA 
           FIGURE 1 EDGE COMPUTING MARKET: RESEARCH DESIGN
           2.1.1 SECONDARY DATA
           2.1.2 PRIMARY DATA
                    2.1.2.1 Breakup of primary profiles
                               FIGURE 2 BREAKUP OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION
                    2.1.2.2 Primary respondents
                               TABLE 2 PRIMARY RESPONDENTS: MARKET
                    2.1.2.3 Key industry insights
    2.2 MARKET BREAKUP AND DATA TRIANGULATION 
           FIGURE 3 DATA TRIANGULATION
    2.3 MARKET SIZE ESTIMATION 
           FIGURE 4 EDGE COMPUTING MARKET: TOP-DOWN AND BOTTOM-UP APPROACHES
           FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY – APPROACH 1 (SUPPLY-SIDE): REVENUE OF SERVICES FROM EDGE COMPUTING VENDORS
           FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH (SUPPLY-SIDE): COLLECTIVE REVENUE OF EDGE COMPUTING VENDORS
           FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY - APPROACH 2 (DEMAND-SIDE): MARKET
           FIGURE 8 MARKET SIZE ESTIMATION METHODOLOGY – SUPPLY-SIDE: ILLUSTRATION OF VENDOR REVENUE ESTIMATION
    2.4 EDGE COMPUTING MARKET FORECAST 
           TABLE 3 FACTOR ANALYSIS
           2.4.1 RECESSION IMPACT ANALYSIS
    2.5 ASSUMPTIONS 
    2.6 LIMITATIONS 
 
3 EXECUTIVE SUMMARY (Page No. - 54)
    FIGURE 9 GLOBAL EDGE COMPUTING MARKET, 2020–2028 (USD MILLION) 
    3.1 MARKET: OVERVIEW OF RECESSION IMPACT 
           FIGURE 10 TOP-GROWING SEGMENTS IN MARKET, 2023–2028
           FIGURE 11 SOFTWARE SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
           FIGURE 12 IIOT APPLICATION TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
           FIGURE 13 SMES SEGMENT TO GROW AT HIGHER CAGR DURING FORECAST PERIOD
           FIGURE 14 MANUFACTURING VERTICAL TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
           FIGURE 15 ASIA PACIFIC TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
 
4 PREMIUM INSIGHTS (Page No. - 60)
    4.1 ATTRACTIVE OPPORTUNITIES FOR COMPANIES IN EDGE COMPUTING MARKET 
           FIGURE 16 INCREASING USE OF BYOD IN BUSINESS AND TECHNOLOGICAL EVOLUTION TO DRIVE MARKET
    4.2 MARKET, BY COMPONENT, 2023 VS. 2028 
           FIGURE 17 HARDWARE SEGMENT TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD
    4.3 MARKET, BY APPLICATION, 2023 VS. 2028 
           FIGURE 18 SMART CITIES SEGMENT TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD
    4.4 MARKET, BY ORGANIZATION SIZE, 2023 VS. 2028 
           FIGURE 19 LARGE ENTERPRISES SEGMENT TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD
    4.5 MARKET, BY VERTICAL, 2023 VS. 2028 
           FIGURE 20 MANUFACTURING VERTICAL TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD
    4.6 MARKET: REGIONAL SCENARIO, 2023–2028 
           FIGURE 21 ASIA PACIFIC TO EMERGE AS BEST MARKET FOR INVESTMENTS IN NEXT FIVE YEARS
 
5 MARKET OVERVIEW AND INDUSTRY TRENDS (Page No. - 63)
    5.1 INTRODUCTION 
    5.2 MARKET DYNAMICS 
           FIGURE 22 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES: EDGE COMPUTING MARKET
           5.2.1 DRIVERS
                    5.2.1.1 Growing adoption of IoT across industries
                    5.2.1.2 Exponentially increasing data volume and network traffic
                    5.2.1.3 Rising demand for low-latency processing and real-time, automated decision-making solutions
                    5.2.1.4 Surge in data traffic to drive enhanced solutions innovation and implementation in edge computing
           5.2.2 RESTRAINTS
                    5.2.2.1 Initial CAPEX for infrastructure
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Emergence of autonomous vehicles and connected car infrastructure
                    5.2.3.2 Advent of 5G network to deliver instant communication experiences
                               FIGURE 23 MOBILE CONNECTION BY NETWORK TYPE AS PERCENT OF REGIONAL SHARE, 2023
           5.2.4 CHALLENGES
                    5.2.4.1 Complexity in integrating with existing cloud architecture
                    5.2.4.2 Cyberattacks and limited authentication capabilities at the edge
    5.3 CASE STUDY ANALYSIS 
           5.3.1 CASE STUDY 1: UNPRECEDENTED VISIBILITY INTO PHARMACEUTICAL SUPPLY CHAINS
           5.3.2 CASE STUDY 2: REAL-TIME QUALITY INSPECTION FOR SMART FACTORY
           5.3.3 CASE STUDY 3: OPTIMIZED DATA MIGRATION
           5.3.4 CASE STUDY 4: PREDICTIVE EQUIPMENT MAINTENANCE TO IMPROVE SERVICE EFFICIENCY AND PROFITABILITY
           5.3.5 CASE STUDY 5: QUICK PROCESSING IN GEOGRAPHICALLY DISPERSED DATA CENTERS
           5.3.6 CASE STUDY 6: HPE SOLUTION AS AID FOR FOOL-PROOF ORBIT SPACE SYSTEM
           5.3.7 CASE STUDY 7: ENHANCING CUSTOMER EXPERIENCE WITH EDGE DNS
           5.3.8 CASE STUDY 8: UPGRADES IN TELECOM INDUSTRY
           5.3.9 CASE STUDY 9: MICROSOFT’S AZURE TO AID ESPN’S POPULAR OFFERINGS
    5.4 ECOSYSTEM 
           FIGURE 24 EDGE COMPUTING MARKET: ECOSYSTEM
           TABLE 4 MARKET: COMPANIES AND THEIR ROLE IN ECOSYSTEM
    5.5 PRICING ANALYSIS 
           TABLE 5 PRICING ANALYSIS OF MICROSOFT EDGE COMPUTING SOLUTIONS
           TABLE 6 PRICING ANALYSIS OF AWS EDGE COMPUTING SOLUTION
    5.6 AVERAGE SELLING PRICE TREND 
    5.7 BUSINESS MODEL ANALYSIS 
           FIGURE 25 MARKET: BUSINESS MODELS
           5.7.1 BUSINESS MODEL FOR HARDWARE VENDORS
           5.7.2 BUSINESS MODEL FOR SOFTWARE PROVIDERS
           5.7.3 BUSINESS MODEL FOR SERVICE PROVIDERS
    5.8 PATENT ANALYSIS 
           FIGURE 26 NUMBER OF PATENTS PUBLISHED
           FIGURE 27 TOP FIVE PATENT OWNERS (GLOBAL)
           TABLE 7 TOP TEN PATENT OWNERS
           TABLE 8 PATENTS GRANTED TO VENDORS IN EDGE COMPUTING MARKET
    5.9 TECHNOLOGY ANALYSIS 
           5.9.1 AI AND ML
           5.9.2 5G
           5.9.3 IOT
           5.9.4 AR AND VR
    5.10 SUPPLY CHAIN ANALYSIS 
           FIGURE 28 EDGE COMPUTING MARKET: SUPPLY CHAIN ANALYSIS
    5.11 KEY CONFERENCES AND EVENTS IN 2023–2024 
                    TABLE 9 MARKET: DETAILED LIST OF CONFERENCES AND EVENTS
    5.12 PORTER’S FIVE FORCES ANALYSIS 
                    FIGURE 29 MARKET: PORTER’S FIVE FORCES ANALYSIS
                    TABLE 10 MARKET: PORTER’S FIVE FORCES ANALYSIS
           5.12.1 THREAT OF NEW ENTRANTS
           5.12.2 THREAT OF SUBSTITUTES
           5.12.3 BARGAINING POWER OF SUPPLIERS
           5.12.4 BARGAINING POWER OF BUYERS
           5.12.5 INTENSITY OF COMPETITIVE RIVALRY
    5.13 KEY STAKEHOLDERS AND BUYING CRITERIA 
           5.13.1 KEY STAKEHOLDERS IN BUYING PROCESS
                    FIGURE 30 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP END USERS
                    TABLE 11 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP INDUSTRIES (%)
                    TABLE 12 KEY STAKEHOLDERS IN BUYING PROCESS BY TOP THREE VERTICAL
           5.13.2 BUYING CRITERIA
                    FIGURE 31 KEY BUYING CRITERIA FOR TOP INDUSTRIES
                    TABLE 13 KEY BUYING CRITERIA FOR TOP END USERS
                    TABLE 14 EDGE COMPUTING SOLUTION VENDORS SELECTION CRITERIA
    5.14 REGULATIONS 
           5.14.1 NORTH AMERICA
           5.14.2 EUROPE
           5.14.3 ASIA PACIFIC
           5.14.4 MIDDLE EAST AND SOUTH AFRICA
           5.14.5 LATIN AMERICA
    5.15 EMERGING TRENDS IN EDGE COMPUTING MARKET 
                    FIGURE 32 MAJOR YCC TRENDS TO DRIVE FUTURE REVENUE PROSPECTS IN MARKET
    5.16 MARKET – EDGE SERVER SHIPMENT ANALYSIS 
 
6 EDGE COMPUTING MARKET, BY COMPONENT (Page No. - 95)
    6.1 INTRODUCTION 
           FIGURE 33 SOFTWARE SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
           TABLE 15 MARKET, BY COMPONENT, 2018–2022 (USD MILLION)
           TABLE 16 MARKET, BY COMPONENT, 2023–2028 (USD MILLION)
           6.1.1 COMPONENTS: MARKET DRIVERS
    6.2 HARDWARE 
           6.2.1 NEAR REAL-TIME ACTIONABLE INSIGHTS AT DATA SOURCE TO DRIVE GROWTH OF DATA GENERATED AND COLLECTED
                    TABLE 17 HARDWARE: MARKET, BY REGION, 2018–2022 (USD MILLION)
                    TABLE 18 HARDWARE: MARKET, BY REGION, 2023–2028 (USD MILLION)
    6.3 SOFTWARE 
           6.3.1 EDGE COMPUTING SOFTWARE PROVIDES COMPREHENSIVE VISIBILITY AND CONTROL OVER REMOTE EDGE ENVIRONMENT
                    TABLE 19 SOFTWARE: MARKET, BY REGION, 2018–2022 (USD MILLION)
                    TABLE 20 SOFTWARE: MARKET, BY REGION, 2023–2028 (USD MILLION)
    6.4 SERVICES 
           6.4.1 EDGE COMPUTING SERVICES PROVIDE ASSISTANCE, UPGRADE, AND REPAIR FOR INTEGRATED EDGE DEVICES AND SOLUTIONS
                    TABLE 21 SERVICES: MARKET, BY REGION, 2018–2022 (USD MILLION)
                    TABLE 22 SERVICES: MARKET, BY REGION, 2023–2028 (USD MILLION)
 
7 EDGE COMPUTING MARKET, BY APPLICATION (Page No. - 101)
    7.1 INTRODUCTION 
           FIGURE 34 INDUSTRIAL INTERNET OF THINGS SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
           TABLE 23 MARKET, BY APPLICATION, 2018–2022 (USD MILLION)
           TABLE 24 MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
           7.1.1 APPLICATIONS: MARKET DRIVERS
    7.2 SMART CITIES 
           7.2.1 EDGE COMPUTING SOLUTIONS TO AID INNOVATIONS IN SMART CITY DIGITAL CONNECTIVITY
                    TABLE 25 SMART CITIES: MARKET, BY REGION, 2018–2022 (USD MILLION)
                    TABLE 26 SMART CITIES: MARKET, BY REGION, 2023–2028 (USD MILLION)
    7.3 INDUSTRIAL INTERNET OF THINGS 
           7.3.1 INFUSING EDGE COMPUTING IN IIOT PROCESSES HELPS COMPANIES IMPROVE NETWORK COMMUNICATION AND COOPERATIVE COORDINATION
                    TABLE 27 INDUSTRIAL INTERNET OF THINGS: EDGE COMPUTING MARKET, BY REGION, 2018–2022 (USD MILLION)
                    TABLE 28 INDUSTRIAL INTERNET OF THINGS: MARKET, BY REGION, 2023–2028 (USD MILLION)
    7.4 REMOTE MONITORING 
           7.4.1 EDGE COMPUTING FUNCTIONALITIES DELIVER FASTER, RELIABLE, AND CHEAPER DATA PROCESSING USING REMOTE MONITORING SERVICES
                    TABLE 29 REMOTE MONITORING: MARKET, BY REGION, 2018–2022 (USD MILLION)
                    TABLE 30 REMOTE MONITORING: MARKET, BY REGION, 2023–2028 (USD MILLION)
    7.5 CONTENT DELIVERY 
           7.5.1 CONTENT DELIVERY MANAGES HEAVY WORKLOADS AND MAINTAINS QUALITY OF EXPERIENCE BY IMPROVING DELIVERY TIME
                    TABLE 31 CONTENT DELIVERY: MARKET, BY REGION, 2018–2022 (USD MILLION)
                    TABLE 32 CONTENT DELIVERY: MARKET, BY REGION, 2023–2028 (USD MILLION)
    7.6 AUGMENTED REALITY AND VIRTUAL REALITY 
           7.6.1 EDGE INFRASTRUCTURE ENABLES AR AND VR DEVICES TO RESPOND IN REAL TIME
                    TABLE 33 AUGMENTED REALITY AND VIRTUAL REALITY: MARKET, BY REGION, 2018–2022 (USD MILLION)
                    TABLE 34 AUGMENTED REALITY AND VIRTUAL REALITY: MARKET, BY REGION, 2023–2028 (USD MILLION)
    7.7 OTHER APPLICATIONS 
           TABLE 35 OTHER APPLICATIONS: MARKET, BY REGION, 2018–2022 (USD MILLION)
           TABLE 36 OTHER APPLICATIONS: MARKET, BY REGION, 2023–2028 (USD MILLION)
 
8 EDGE COMPUTING MARKET, BY ORGANIZATION SIZE (Page No. - 110)
    8.1 INTRODUCTION 
           FIGURE 35 SMALL AND MEDIUM-SIZED ENTERPRISES SEGMENT TO GROW AT HIGHER CAGR DURING FORECAST PERIOD
           TABLE 37 MARKET, BY ORGANIZATION SIZE, 2018–2022 (USD MILLION)
           TABLE 38 MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)
           8.1.1 ORGANIZATION SIZE: MARKET DRIVERS
    8.2 SMALL AND MEDIUM-SIZED ENTERPRISES 
           8.2.1 EDGE COMPUTING OFFERS CUTTING-EDGE TECHNOLOGIES BY REDUCING OVERALL IT EXPENSES
                    TABLE 39 SMALL AND MEDIUM-SIZED ENTERPRISES: MARKET, BY REGION, 2018–2022 (USD MILLION)
                    TABLE 40 SMALL AND MEDIUM-SIZED ENTERPRISES: MARKET, BY REGION, 2023–2028 (USD MILLION)
    8.3 LARGE ENTERPRISES 
           8.3.1 ADOPTION OF EDGE COMPUTING SOLUTIONS ENHANCES OPERATIONAL EFFICIENCY
                    TABLE 41 LARGE ENTERPRISES: MARKET, BY REGION, 2018–2022 (USD MILLION)
                    TABLE 42 LARGE ENTERPRISES: MARKET, BY REGION, 2023–2028 (USD MILLION)
 
9 EDGE COMPUTING MARKET, BY VERTICAL (Page No. - 115)
    9.1 INTRODUCTION 
           FIGURE 36 MANUFACTURING VERTICAL TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
           TABLE 43 MARKET, BY VERTICAL, 2018–2022 (USD MILLION)
           TABLE 44 MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
           9.1.1 VERTICALS: MARKET DRIVERS
    9.2 MANUFACTURING 
           9.2.1 EDGE COMPUTING OFFERS COST-EFFECTIVE WAYS OF ACHIEVING REMOTE MONITORING IN MANUFACTURING INDUSTRIES
                    TABLE 45 MANUFACTURING: MARKET, BY REGION, 2018–2022 (USD MILLION)
                    TABLE 46 MANUFACTURING: MARKET, BY REGION, 2023–2028 (USD MILLION)
    9.3 ENERGY & UTILITIES 
           9.3.1 EDGE COMPUTING DEVICES HELP ADDRESS ISSUES IN MIDSTREAM SECTOR RELATED TO CRUDE OIL STORAGE AND TRANSPORTATION
                    TABLE 47 ENERGY & UTILITIES: EDGE COMPUTING MARKET, BY REGION, 2018–2022 (USD MILLION)
                    TABLE 48 ENERGY & UTILITIES: MARKET, BY REGION, 2023–2028 (USD MILLION)
    9.4 GOVERNMENT & DEFENSE 
           9.4.1 GOVERNMENT AGENCIES INFUSE EDGE COMPUTING IN IT INFRASTRUCTURE FOR FASTER DATA ANALYSIS
                    TABLE 49 GOVERNMENT & DEFENSE: MARKET, BY REGION, 2018–2022 (USD MILLION)
                    TABLE 50 GOVERNMENT & DEFENSE: MARKET, BY REGION, 2023–2028 (USD MILLION)
    9.5 TELECOMMUNICATIONS 
           9.5.1 EDGE COMPUTING HELPS TELECOM PROVIDERS EXPAND NETWORK REACH WITH LOWER LATENCY
                    TABLE 51 TELECOMMUNICATIONS: MARKET, BY REGION, 2018–2022 (USD MILLION)
                    TABLE 52 TELECOMMUNICATIONS: MARKET, BY REGION, 2023–2028 (USD MILLION)
    9.6 MEDIA & ENTERTAINMENT 
           9.6.1 EDGE COMPUTING PROVIDES INSTANTANEOUS CONNECTION AND BETTER SCALABILITY FOR CONTENT CREATION AND DISTRIBUTION
                    TABLE 53 MEDIA & ENTERTAINMENT: MARKET, BY REGION, 2018–2022 (USD MILLION)
                    TABLE 54 MEDIA & ENTERTAINMENT: MARKET, BY REGION, 2023–2028 (USD MILLION)
    9.7 RETAIL & CONSUMER GOODS 
           9.7.1 EDGE COMPUTING LEVERAGES NEW TECHNOLOGIES TO GATHER INSIGHTS ON PURCHASING PREFERENCES OF CONSUMERS
                    TABLE 55 RETAIL & CONSUMER GOODS: EDGE COMPUTING MARKET, BY REGION, 2018–2022 (USD MILLION)
                    TABLE 56 RETAIL & CONSUMER GOODS: MARKET, BY REGION, 2023–2028 (USD MILLION)
    9.8 TRANSPORTATION & LOGISTICS 
           9.8.1 EDGE COMPUTING REDUCES DATA SHARING AND LATENCY, FACILITATING EFFECTIVE AND EFFICIENT CONNECTION WITH DEVICES AND SENSORS IN VEHICLES AND DATABASES
                    TABLE 57 TRANSPORTATION & LOGISTICS: MARKET, BY REGION, 2018–2022(USD MILLION)
                    TABLE 58 TRANSPORTATION & LOGISTICS: MARKET, BY REGION, 2023–2028 (USD MILLION)
    9.9 HEALTHCARE & LIFE SCIENCES 
           9.9.1 IOT AND SMART WEARABLE EDGE DEVICES RECORD REAL-TIME VITAL INFORMATION
                    TABLE 59 HEALTHCARE & LIFE SCIENCES: MARKET, BY REGION, 2018–2022 (USD MILLION)
                    TABLE 60 HEALTHCARE & LIFE SCIENCES: MARKET, BY REGION, 2023–2028 (USD MILLION)
    9.10 OTHER VERTICALS 
           TABLE 61 OTHER VERTICALS: MARKET, BY REGION, 2018–2022 (USD MILLION)
           TABLE 62 OTHER VERTICALS: MARKET, BY REGION, 2023–2028 (USD MILLION)
 
10 EDGE COMPUTING MARKET, BY REGION (Page No. - 129)
     10.1 INTRODUCTION 
               FIGURE 37 ASIA PACIFIC TO GROW AT HIGHEST RATE DURING FORECAST PERIOD
               TABLE 63 MARKET, BY REGION, 2018–2022 (USD MILLION)
               TABLE 64 MARKET, BY REGION, 2023–2028 (USD MILLION)
     10.2 NORTH AMERICA 
             10.2.1 NORTH AMERICA: MARKET DRIVERS
             10.2.2 NORTH AMERICA: RECESSION IMPACT
                       FIGURE 38 NORTH AMERICA: EDGE COMPUTING MARKET SNAPSHOT
                       TABLE 65 NORTH AMERICA: MARKET, BY COMPONENT, 2018–2022 (USD MILLION)
                       TABLE 66 NORTH AMERICA: MARKET, BY COMPONENT, 2023–2028 (USD MILLION)
                       TABLE 67 NORTH AMERICA: MARKET, BY APPLICATION, 2018–2022 (USD MILLION)
                       TABLE 68 NORTH AMERICA: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
                       TABLE 69 NORTH AMERICA: MARKET, BY ORGANIZATION SIZE, 2018–2022 (USD MILLION)
                       TABLE 70 NORTH AMERICA: MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)
                       TABLE 71 NORTH AMERICA: MARKET, BY VERTICAL, 2018–2022 (USD MILLION)
                       TABLE 72 NORTH AMERICA: MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
                       TABLE 73 NORTH AMERICA: MARKET, BY COUNTRY, 2018–2022 (USD MILLION)
                       TABLE 74 NORTH AMERICA: MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
             10.2.3 US
                       10.2.3.1 Convergence of edge computing with IIoT encourages manufacturers to move toward connected factories
                                   TABLE 75 US: EDGE COMPUTING MARKET, BY COMPONENT, 2018–2022 (USD MILLION)
                                   TABLE 76 US: MARKET, BY COMPONENT, 2023–2028 (USD MILLION)
                                   TABLE 77 US: MARKET, BY ORGANIZATION SIZE, 2018–2022 (USD MILLION)
                                   TABLE 78 US: MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)
             10.2.4 CANADA
                       10.2.4.1 Startups provide platforms to develop edge-enabled solutions
                                   TABLE 79 CANADA: MARKET, BY COMPONENT, 2018–2022 (USD MILLION)
                                   TABLE 80 CANADA: MARKET, BY COMPONENT, 2023–2028 (USD MILLION)
                                   TABLE 81 CANADA: MARKET, BY ORGANIZATION SIZE, 2018–2022 (USD MILLION)
                                   TABLE 82 CANADA: MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)
     10.3 EUROPE 
             10.3.1 EUROPE: MARKET DRIVERS
             10.3.2 EUROPE: RECESSION IMPACT
                       TABLE 83 EUROPE: EDGE COMPUTING MARKET, BY COMPONENT, 2018–2022 (USD MILLION)
                       TABLE 84 EUROPE: MARKET, BY COMPONENT, 2023–2028 (USD MILLION)
                       TABLE 85 EUROPE: MARKET, BY APPLICATION, 2018–2022 (USD MILLION)
                       TABLE 86 EUROPE: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
                       TABLE 87 EUROPE: MARKET, BY ORGANIZATION SIZE, 2018–2022 (USD MILLION)
                       TABLE 88 EUROPE: MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)
                       TABLE 89 EUROPE: MARKET, BY VERTICAL, 2018–2022 (USD MILLION)
                       TABLE 90 EUROPE: MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
                       TABLE 91 EUROPE: MARKET, BY COUNTRY, 2018–2022 (USD MILLION)
                       TABLE 92 EUROPE: MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
             10.3.3 UK
                       10.3.3.1 Companies adopt edge computing solutions to enhance operational efficiency
                                   TABLE 93 UK: MARKET, BY COMPONENT, 2018–2022 (USD MILLION)
                                   TABLE 94 UK: MARKET, BY COMPONENT, 2023–2028 (USD MILLION)
                                   TABLE 95 UK: MARKET, BY ORGANIZATION SIZE, 2018–2022 (USD MILLION)
                                   TABLE 96 UK: MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)
             10.3.4 GERMANY
                       10.3.4.1 German edge computing and telecom companies collaborate to build robust edge computing solutions
                                   TABLE 97 GERMANY: EDGE COMPUTING MARKET, BY COMPONENT, 2018–2022 (USD MILLION)
                                   TABLE 98 GERMANY: MARKET, BY COMPONENT, 2023–2028 (USD MILLION)
                                   TABLE 99 GERMANY: MARKET, BY ORGANIZATION SIZE, 2018–2022 (USD MILLION)
                                   TABLE 100 GERMANY: MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)
             10.3.5 FRANCE
                       10.3.5.1 Huge investments by global edge computing providers to cater to changing customer behavior
                                   TABLE 101 FRANCE: MARKET, BY COMPONENT, 2018–2022 (USD MILLION)
                                   TABLE 102 FRANCE: MARKET, BY COMPONENT, 2023–2028 (USD MILLION)
                                   TABLE 103 FRANCE: MARKET, BY ORGANIZATION SIZE, 2018–2022 (USD MILLION)
                                   TABLE 104 FRANCE: MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)
             10.3.6 REST OF EUROPE
                       TABLE 105 REST OF EUROPE: MARKET, BY COMPONENT, 2018–2022 (USD MILLION)
                       TABLE 106 REST OF EUROPE: MARKET, BY COMPONENT, 2023–2028 (USD MILLION)
                       TABLE 107 REST OF EUROPE: MARKET, BY ORGANIZATION SIZE, 2018–2022 (USD MILLION)
                       TABLE 108 REST OF EUROPE: MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)
     10.4 ASIA PACIFIC 
             10.4.1 ASIA PACIFIC: MARKET DRIVERS
             10.4.2 ASIA PACIFIC: RECESSION IMPACT
                       FIGURE 39 ASIA PACIFIC: EDGE COMPUTING MARKET SNAPSHOT
                       TABLE 109 ASIA PACIFIC: MARKET, BY COMPONENT, 2018–2022 (USD MILLION)
                       TABLE 110 ASIA PACIFIC: MARKET, BY COMPONENT, 2023–2028 (USD MILLION)
                       TABLE 111 ASIA PACIFIC: MARKET, BY APPLICATION, 2018–2022 (USD MILLION)
                       TABLE 112 ASIA PACIFIC: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
                       TABLE 113 ASIA PACIFIC: MARKET, BY ORGANIZATION SIZE, 2018–2022 (USD MILLION)
                       TABLE 114 ASIA PACIFIC: MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)
                       TABLE 115 ASIA PACIFIC: MARKET, BY VERTICAL, 2018–2022 (USD MILLION)
                       TABLE 116 ASIA PACIFIC: MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
                       TABLE 117 ASIA PACIFIC: MARKET, BY COUNTRY, 2018–2022 (USD MILLION)
                       TABLE 118 ASIA PACIFIC: MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
             10.4.3 CHINA
                       10.4.3.1 Adoption of edge computing to achieve resiliency and scalability
                                   TABLE 119 CHINA: MARKET, BY COMPONENT, 2018–2022 (USD MILLION)
                                   TABLE 120 CHINA: MARKET, BY COMPONENT, 2023–2028 (USD MILLION)
                                   TABLE 121 CHINA: MARKET, BY ORGANIZATION SIZE, 2018–2022 (USD MILLION)
                                   TABLE 122 CHINA: MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)
             10.4.4 JAPAN
                       10.4.4.1 Technology providers introduce cutting-edge edge computing technologies
                                   TABLE 123 JAPAN: EDGE COMPUTING MARKET, BY COMPONENT, 2018–2022 (USD MILLION)
                                   TABLE 124 JAPAN: MARKET, BY COMPONENT, 2023–2028 (USD MILLION)
                                   TABLE 125 JAPAN: MARKET, BY ORGANIZATION SIZE, 2018–2022 (USD MILLION)
                                   TABLE 126 JAPAN: MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)
             10.4.5 AUSTRALIA
                       10.4.5.1 Cloud-enhancing capabilities provide attractive opportunities for edge computing
                                   TABLE 127 AUSTRALIA: MARKET, BY COMPONENT, 2018–2022 (USD MILLION)
                                   TABLE 128 AUSTRALIA: MARKET, BY COMPONENT, 2023–2028 (USD MILLION)
                                   TABLE 129 AUSTRALIA: MARKET, BY ORGANIZATION SIZE, 2018–2022 (USD MILLION)
                                   TABLE 130 AUSTRALIA: MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)
             10.4.6 REST OF ASIA PACIFIC
                       TABLE 131 REST OF ASIA PACIFIC: MARKET, BY COMPONENT, 2018–2022 (USD MILLION)
                       TABLE 132 REST OF ASIA PACIFIC: MARKET, BY COMPONENT, 2023–2028 (USD MILLION)
                       TABLE 133 REST OF ASIA PACIFIC: MARKET, BY ORGANIZATION SIZE, 2018–2022 (USD MILLION)
                       TABLE 134 REST OF ASIA PACIFIC: MARKET, BY ORGANIZATION SIZE,  2023–2028 (USD MILLION)
     10.5 MIDDLE EAST AND AFRICA 
             10.5.1 MIDDLE EAST AND AFRICA: MARKET DRIVERS
             10.5.2 MIDDLE EAST AND AFRICA: RECESSION IMPACT
                       TABLE 135 MIDDLE EAST AND AFRICA: EDGE COMPUTING MARKET, BY COMPONENT, 2018–2022 (USD MILLION)
                       TABLE 136 MIDDLE EAST AND AFRICA: MARKET, BY COMPONENT, 2023–2028 (USD MILLION)
                       TABLE 137 MIDDLE EAST AND AFRICA: MARKET, BY APPLICATION, 2018–2022 (USD MILLION)
                       TABLE 138 MIDDLE EAST AND AFRICA: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
                       TABLE 139 MIDDLE EAST AND AFRICA: MARKET, BY ORGANIZATION SIZE, 2018–2022 (USD MILLION)
                       TABLE 140 MIDDLE EAST AND AFRICA: MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)
                       TABLE 141 MIDDLE EAST AND AFRICA: MARKET, BY VERTICAL, 2018–2022 (USD MILLION)
                       TABLE 142 MIDDLE EAST AND AFRICA: MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
                       TABLE 143 MIDDLE EAST AND AFRICA: MARKET, BY COUNTRY, 2018–2022 (USD MILLION)
                       TABLE 144 MIDDLE EAST AND AFRICA: MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
             10.5.3 KINGDOM OF SAUDI ARABIA
                       10.5.3.1 Increase in purchasing power and inclination toward advanced technologies to propel market
                                   TABLE 145 KINGDOM OF SAUDI ARABIA: EDGE COMPUTING MARKET, BY COMPONENT, 2018–2022 (USD MILLION)
                                   TABLE 146 KINGDOM OF SAUDI ARABIA: MARKET, BY COMPONENT, 2023–2028 (USD MILLION)
                                   TABLE 147 KINGDOM OF SAUDI ARABIA: MARKET, BY ORGANIZATION SIZE, 2018–2022 (USD MILLION)
                                   TABLE 148 KINGDOM OF SAUDI ARABIA: MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)
                                   TABLE 149 KINGDOM OF SAUDI ARABIA: MARKET, BY APPLICATION, 2018–2022 (USD MILLION)
                                   TABLE 150 KINGDOM OF SAUDI ARABIA: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
             10.5.4 UAE
                       10.5.4.1 IT resource deployment, intelligent storage services, and remote monitoring capabilities to drive adoption of edge computing
                                   TABLE 151 UNITED ARAB EMIRATES: EDGE COMPUTING MARKET, BY COMPONENT, 2018–2022 (USD MILLION)
                                   TABLE 152 UNITED ARAB EMIRATES: MARKET, BY COMPONENT,  2023–2028 (USD MILLION)
                                   TABLE 153 UNITED ARAB EMIRATES: MARKET, BY ORGANIZATION SIZE, 2018–2022 (USD MILLION)
                                   TABLE 154 UNITED ARAB EMIRATES: MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)
             10.5.5 SOUTH AFRICA
                       10.5.5.1 Increasing investment by edge computing vendors to boost market
                                   TABLE 155 SOUTH AFRICA: MARKET, BY COMPONENT, 2018–2022 (USD MILLION)
                                   TABLE 156 SOUTH AFRICA: MARKET, BY COMPONENT, 2023–2028 (USD MILLION)
                                   TABLE 157 SOUTH AFRICA: MARKET, BY ORGANIZATION SIZE, 2018–2022 (USD MILLION)
                                   TABLE 158 SOUTH AFRICA: MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)
             10.5.6 REST OF MIDDLE EAST AND AFRICA
                       TABLE 159 REST OF MIDDLE EAST AND AFRICA: MARKET, BY COMPONENT, 2018–2022 (USD MILLION)
                       TABLE 160 REST OF MIDDLE EAST AND AFRICA: MARKET, BY COMPONENT, 2023–2028 (USD MILLION)
                       TABLE 161 REST OF MIDDLE EAST AND AFRICA: MARKET, BY ORGANIZATION SIZE, 2018–2022 (USD MILLION)
                       TABLE 162 REST OF MIDDLE EAST AND AFRICA: MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)
     10.6 LATIN AMERICA 
             10.6.1 LATIN AMERICA: MARKET DRIVERS
             10.6.2 LATIN AMERICA: RECESSION IMPACT
                       TABLE 163 LATIN AMERICA: EDGE COMPUTING MARKET, BY COMPONENT, 2018–2022 (USD MILLION)
                       TABLE 164 LATIN AMERICA: MARKET, BY COMPONENT, 2023–2028 (USD MILLION)
                       TABLE 165 LATIN AMERICA: MARKET, BY APPLICATION, 2018–2022 (USD MILLION)
                       TABLE 166 LATIN AMERICA: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
                       TABLE 167 LATIN AMERICA: MARKET, BY ORGANIZATION SIZE, 2018–2022 (USD MILLION)
                       TABLE 168 LATIN AMERICA: MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)
                       TABLE 169 LATIN AMERICA: MARKET, BY VERTICAL, 2018–2022 (USD MILLION)
                       TABLE 170 LATIN AMERICA: MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
                       TABLE 171 LATIN AMERICA: MARKET, BY COUNTRY, 2018–2022 (USD MILLION)
                       TABLE 172 LATIN AMERICA: MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
             10.6.3 BRAZIL
                       10.6.3.1 Rising technology assimilation among enterprises and consumers presents significant opportunity for market
                                   TABLE 173 BRAZIL: EDGE COMPUTING MARKET, BY COMPONENT, 2018–2022 (USD MILLION)
                                   TABLE 174 BRAZIL: MARKET, BY COMPONENT, 2023–2028 (USD MILLION)
                                   TABLE 175 BRAZIL: MARKET, BY ORGANIZATION SIZE, 2018–2022 (USD MILLION)
                                   TABLE 176 BRAZIL: MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)
             10.6.4 MEXICO
                       10.6.4.1 Migration of applications and IT infrastructure to cloud to drive demand for edge computing solutions
                                   TABLE 177 MEXICO: MARKET, BY COMPONENT, 2018–2022 (USD MILLION)
                                   TABLE 178 MEXICO: MARKET, BY COMPONENT, 2023–2028 (USD MILLION)
                                   TABLE 179 MEXICO: MARKET, BY ORGANIZATION SIZE, 2018–2022 (USD MILLION)
                                   TABLE 180 MEXICO: MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)
             10.6.5 REST OF LATIN AMERICA
                       TABLE 181 REST OF LATIN AMERICA: MARKET, BY COMPONENT, 2018–2022 (USD MILLION)
                       TABLE 182 REST OF LATIN AMERICA: MARKET, BY COMPONENT,  2023–2028 (USD MILLION)
                       TABLE 183 REST OF LATIN AMERICA: MARKET, BY ORGANIZATION SIZE, 2018–2022 (USD MILLION)
                       TABLE 184 REST OF LATIN AMERICA: MARKET, BY ORGANIZATION SIZE,  2023–2028 (USD MILLION)
 
11 COMPETITIVE LANDSCAPE (Page No. - 179)
     11.1 INTRODUCTION 
     11.2 MARKET SHARE OF TOP VENDORS 
               FIGURE 40 EDGE COMPUTING MARKET: VENDOR SHARE ANALYSIS
     11.3 KEY PLAYER STRATEGIES/RIGHT TO WIN 
             11.3.1 OVERVIEW OF STRATEGIES BY KEY EDGE COMPUTING VENDORS
                       FIGURE 41 OVERVIEW OF STRATEGIES BY KEY EDGE COMPUTING VENDORS
     11.4 REVENUE ANALYSIS OF TOP FIVE VENDORS 
               FIGURE 42 REVENUE ANALYSIS OF TOP FIVE VENDORS, 2018–2022 (USD BILLION)
     11.5 COMPANY EVALUATION QUADRANT, 2022 
             11.5.1 DEFINITIONS AND METHODOLOGY
                       FIGURE 43 KEY PLAYER EVALUATION QUADRANT: CRITERIA WEIGHTAGE
             11.5.2 STARS
             11.5.3 EMERGING LEADERS
             11.5.4 PERVASIVE PLAYERS
             11.5.5 PARTICIPANTS
                       FIGURE 44 MARKET (GLOBAL): COMPANY EVALUATION QUADRANT, 2022
             11.5.6 COMPANY FOOTPRINT ANALYSIS
                       TABLE 185 COMPANY FOOTPRINT (1/2)
                       TABLE 186 COMPANY FOOTPRINT (2/2)
     11.6 COMPANY EVALUATION QUADRANT FOR STARTUPS/SMES, 2022 
               FIGURE 45 COMPANY EVALUATION QUADRANT FOR STARTUPS/SMES: CRITERIA WEIGHTAGE
             11.6.1 PROGRESSIVE COMPANIES
             11.6.2 RESPONSIVE COMPANIES
             11.6.3 DYNAMIC COMPANIES
             11.6.4 STARTING BLOCKS
                       FIGURE 46 MARKET: SME EVALUATION QUADRANT, 2022
             11.6.5 COMPETITIVE BENCHMARKING FOR STARTUPS/SMES
                       TABLE 187 MARKET: DETAILED LIST OF KEY STARTUPS/SMES
     11.7 SME/STARTUP PRODUCT FOOTPRINT ANALYSIS 
               TABLE 188 SME/STARTUP FOOTPRINT (1/2)
               TABLE 189 SME/STARTUP FOOTPRINT (2/2)
     11.8 COMPANY FINANCIAL METRICS 
               FIGURE 47 COMPANY FINANCIAL METRICS, 2022
     11.9 GLOBAL SNAPSHOT OF KEY MARKET PARTICIPANTS 
               FIGURE 48 EDGE COMPUTING: GLOBAL SNAPSHOT OF KEY MARKET PARTICIPANTS, 2022
     11.10 COMPETITIVE SCENARIO 
               11.10.1 PRODUCT LAUNCHES AND ENHANCEMENTS
                          TABLE 190 MARKET: PRODUCT LAUNCHES AND ENHANCEMENTS, JANUARY 2020–MAY 2023
               11.10.2 DEALS
                          TABLE 191 EDGE COMPUTING MARKET: DEALS, JANUARY 2020–MAY 2023
 
12 COMPANY PROFILES (Page No. - 195)
     12.1 INTRODUCTION 
     12.2 KEY PLAYERS 
(Business overview, Products/Services/Solutions offered, Recent developments, MnM view, Right to win, Strategic choices, and Weakness and competitive threats)*
             12.2.1 CISCO
                       TABLE 192 CISCO: BUSINESS OVERVIEW
                       FIGURE 49 CISCO: COMPANY SNAPSHOT
                       TABLE 193 CISCO: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 194 CISCO: PRODUCT LAUNCHES AND ENHANCEMENTS
                       TABLE 195 CISCO: DEALS
             12.2.2 HEWLETT PACKARD ENTERPRISE
                       TABLE 196 HEWLETT PACKARD ENTERPRISE: BUSINESS OVERVIEW
                       FIGURE 50 HEWLETT PACKARD ENTERPRISE: COMPANY SNAPSHOT
                       TABLE 197 HEWLETT PACKARD ENTERPRISE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 198 HEWLETT PACKARD ENTERPRISE: PRODUCT LAUNCHES AND ENHANCEMENTS
                       TABLE 199 HEWLETT PACKARD ENTERPRISE: DEALS
             12.2.3 HUAWEI TECHNOLOGIES
                       TABLE 200 HUAWEI TECHNOLOGIES: BUSINESS OVERVIEW
                       FIGURE 51 HUAWEI TECHNOLOGIES: COMPANY SNAPSHOT
                       TABLE 201 HUAWEI TECHNOLOGIES: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 202 HUAWEI TECHNOLOGIES: PRODUCT LAUNCHES AND ENHANCEMENTS
                       TABLE 203 HUAWEI TECHNOLOGIES: DEALS
             12.2.4 IBM
                       TABLE 204 IBM: BUSINESS OVERVIEW
                       FIGURE 52 IBM: COMPANY SNAPSHOT
                       TABLE 205 IBM: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 206 IBM: PRODUCT LAUNCHES
                       TABLE 207 IBM: DEALS
             12.2.5 DELL TECHNOLOGIES
                       TABLE 208 DELL TECHNOLOGIES: BUSINESS OVERVIEW
                       FIGURE 53 DELL TECHNOLOGIES: COMPANY SNAPSHOT
                       TABLE 209 DELL TECHNOLOGIES: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 210 DELL TECHNOLOGIES: PRODUCT LAUNCHES
                       TABLE 211 DELL TECHNOLOGIES: DEALS
             12.2.6 NOKIA
                       TABLE 212 NOKIA: BUSINESS OVERVIEW
                       FIGURE 54 NOKIA: COMPANY SNAPSHOT
                       TABLE 213 NOKIA: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 214 NOKIA: PRODUCT LAUNCHES
                       TABLE 215 NOKIA: DEALS
             12.2.7 LITMUS AUTOMATION
                       TABLE 216 LITMUS AUTOMATION: BUSINESS OVERVIEW
                       TABLE 217 LITMUS AUTOMATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 218 LITMUS AUTOMATION: PRODUCT LAUNCHES
                       TABLE 219 LITMUS AUTOMATION: DEALS
             12.2.8 AMAZON WEB SERVICES
                       TABLE 220 AMAZON WEB SERVICES: BUSINESS OVERVIEW
                       TABLE 221 AMAZON WEB SERVICES: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 222 AMAZON WEB SERVICES: PRODUCT LAUNCHES
                       TABLE 223 AMAZON WEB SERVICES: DEALS
             12.2.9 INTEL
                       TABLE 224 INTEL: BUSINESS OVERVIEW
                       FIGURE 55 INTEL: COMPANY SNAPSHOT
                       TABLE 225 INTEL: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 226 INTEL: PRODUCT LAUNCHES
                       TABLE 227 INTEL: DEALS
             12.2.10 GOOGLE
                       TABLE 228 GOOGLE: BUSINESS OVERVIEW
                       FIGURE 56 GOOGLE: COMPANY SNAPSHOT
                       TABLE 229 GOOGLE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 230 GOOGLE: PRODUCT LAUNCHES
                       TABLE 231 GOOGLE: DEALS
             12.2.11 MICROSOFT
                       TABLE 232 MICROSOFT: BUSINESS OVERVIEW
                       FIGURE 57 MICROSOFT: COMPANY SNAPSHOT
                       TABLE 233 MICROSOFT: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 234 MICROSOFT: PRODUCT LAUNCHES
                       TABLE 235 MICROSOFT: DEALS
             12.2.12 VMWARE
                       TABLE 236 VMWARE: BUSINESS OVERVIEW
                       FIGURE 58 VMWARE: COMPANY SNAPSHOT
                       TABLE 237 VMWARE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 238 VMWARE: PRODUCT LAUNCHES AND ENHANCEMENTS
                       TABLE 239 VMWARE: DEALS
               12.2.13 SIXSQ
                       TABLE 240 SIXSQ: BUSINESS OVERVIEW
                       TABLE 241 SIXSQ: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 242 SIXSQ: PRODUCT LAUNCHES AND ENHANCEMENTS
                       TABLE 243 SIXSQ: DEALS
     12.3 OTHER KEY COMPANIES 
             12.3.1 FASTLY
             12.3.2 STACKPATH
             12.3.3 VAPOR IO
             12.3.4 ADLINK
             12.3.5 CAPGEMINI
             12.3.6 GE DIGITAL
             12.3.7 MOXA
             12.3.8 SIERRA WIRELESS
             12.3.9 DIGI INTERNATIONAL
             12.3.10 JUNIPER NETWORKS
             12.3.11 EDGECONNEX
             12.3.12 BELDEN
     12.4 SMES/OTHER PLAYERS 
             12.4.1 AXELLIO
             12.4.2 SAGUNA NETWORKS
             12.4.3 CLEARBLADE
             12.4.4 EDGE INTELLIGENCE
             12.4.5 EDGEWORX
             12.4.6 SUNLIGHT.IO
             12.4.7 MUTABLE
             12.4.8 HIVECELL
             12.4.9 SECTION
             12.4.10 EDGEIQ
*Details on Business overview, Products/Services/Solutions offered, Recent developments, MnM view, Right to win, Strategic choices, and Weakness and competitive threats might not be captured in case of unlisted companies.
 
13 ADJACENT AND RELATED MARKETS (Page No. - 267)
     13.1 INTRODUCTION 
             13.1.1 RELATED MARKETS
     13.2 CLOUD COMPUTING MARKET 
               TABLE 244 CLOUD COMPUTING MARKET, BY SERVICE MODEL, 2017–2021 (USD BILLION)
               TABLE 245 CLOUD COMPUTING MARKET, BY SERVICE MODEL, 2022–2027 (USD BILLION)
               TABLE 246 CLOUD COMPUTING MARKET, BY IAAS, 2017–2021 (USD BILLION)
               TABLE 247 CLOUD COMPUTING MARKET, BY IAAS, 2022–2027 (USD BILLION)
               TABLE 248 CLOUD COMPUTING MARKET, BY PAAS, 2017–2021 (USD BILLION)
               TABLE 249 CLOUD COMPUTING MARKET, BY PAAS, 2022–2027 (USD BILLION)
               TABLE 250 CLOUD COMPUTING MARKET, BY SAAS, 2017–2021 (USD BILLION)
               TABLE 251 CLOUD COMPUTING MARKET, BY SAAS, 2022–2027 (USD BILLION)
               TABLE 252 CLOUD COMPUTING MARKET, BY DEPLOYMENT MODEL, 2017–2021 (USD BILLION)
               TABLE 253 CLOUD COMPUTING MARKET, BY DEPLOYMENT MODEL, 2022–2027 (USD BILLION)
               TABLE 254 CLOUD COMPUTING MARKET, BY ORGANIZATION SIZE, 2017–2021 (USD BILLION)
               TABLE 255 CLOUD COMPUTING MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD BILLION)
               TABLE 256 CLOUD COMPUTING MARKET, BY VERTICAL, 2017–2021 (USD BILLION)
               TABLE 257 CLOUD COMPUTING MARKET, BY VERTICAL, 2022–2027 (USD BILLION)
               TABLE 258 CLOUD COMPUTING MARKET, BY REGION, 2017–2021 (USD BILLION)
               TABLE 259 CLOUD COMPUTING MARKET, BY REGION, 2022–2027 (USD BILLION)
     13.3 EDGE AI SOFTWARE MARKET 
               TABLE 260 EDGE AI SOFTWARE MARKET, BY COMPONENT, 2018–2021 (USD MILLION)
               TABLE 261 EDGE AI SOFTWARE MARKET, BY COMPONENT, 2022–2027 (USD MILLION)
               TABLE 262 EDGE AI SOFTWARE MARKET, BY DATA SOURCE, 2018–2021 (USD MILLION)
               TABLE 263 EDGE AI SOFTWARE MARKET, BY DATA SOURCE, 2022–2027 (USD MILLION)
               TABLE 264 EDGE AI SOFTWARE MARKET, BY ORGANIZATION SIZE, 2018–2021 (USD MILLION)
               TABLE 265 EDGE AI SOFTWARE MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)
               TABLE 266 EDGE AI SOFTWARE MARKET, BY VERTICAL, 2018–2021 (USD MILLION)
               TABLE 267 EDGE AI SOFTWARE MARKET, BY VERTICAL, 2022–2027 (USD MILLION)
               TABLE 268 EDGE AI SOFTWARE MARKET, BY REGION, 2018–2021 (USD MILLION)
               TABLE 269 EDGE AI SOFTWARE MARKET, BY REGION, 2022–2027 (USD MILLION)
 
14 APPENDIX (Page No. - 277)
     14.1 DISCUSSION GUIDE 
     14.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 
     14.3 CUSTOMIZATION OPTIONS 
     14.4 RELATED REPORTS 
     14.5 AUTHOR DETAILS 

The study involved 4 major activities to estimate the current market size of the edge computing market. Exhaustive secondary research was done to collect information on the market, the peer market, and the parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. After that, the market breakup and data triangulation procedures were used to estimate the market size of the segments and subsegments.

Secondary Research

In the secondary research process, various secondary sources were referred to for identifying and collecting information for this study. The secondary sources included annual reports, press releases, and investor presentations of companies; whitepapers; certified publications; and articles from recognized associations, such as data center knowledge and government publishing sources. The research study involved the use of extensive secondary sources, directories, and databases, such as D&B Hoovers, DiscoverOrg, Factiva, Bloomberg BusinessWeek, Statista.com, Cloud Computing Association, OpenFog Consortium, SpiceCSM, National Association of call centers (ACCA), MENA Cloud Alliance, Association of Customer Contact Professionals (ACCP), International Trade Administration (ITA), Telecommunications Industry Association, United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), Economic Commission for Latin America (ECLA), Arab Information and Communication Technology Organization (AICTO)) to identify and collect information useful for this technical, market-oriented, and commercial study of the edge computing market. Secondary research was mainly used to obtain key information about the industry’s value chain, the total pool of key players, market classification and segmentation as per the industry trends to the bottom-most level, regional markets, and key developments from both market and technology-oriented perspectives.

Primary Research

In the primary research process, various primary sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. Primary sources from the supply-side included industry experts, such as Chief Executive Officers (CEOs), Vice Presidents (VPs), marketing directors, technology and innovation directors, and related key executives from various key companies and organizations providing edge computing software. The primary sources from the demand side included the end-users of event management software solutions, which included Chief Information Officers (CIOs), IT technicians and technologists, and IT managers at public and investor-owned utilities.

The following figure depicts the breakup of the primary profiles:

Edge Computing Market  Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

The top-down and bottom-up approaches were used to estimate and validate the size of the edge computing market and various other dependent sub-markets in the overall market.

In the top-down approach, an exhaustive list of all vendors offering edge computing solutions was prepared. The revenue contribution of all vendors in the market was estimated through annual reports, press releases, SEC filings, funding, investor presentations, paid databases, and primary interviews. Each vendor was evaluated based on its product/solution offerings, hardware, software, services, game genres, and regional presence. The aggregate of all companies’ revenue was extrapolated to reach the overall market size. Each subsegment was studied and analyzed for its market size and regional penetration. The markets were triangulated through both primary and secondary research. The primary procedure included extensive interviews for key insights from industry leaders, such as CEOs (Chief Executive Officer), VPs (Vice President), directors, and marketing executives. These market numbers were further triangulated with the existing MarketsandMarkets’ repository for validation.

In the bottom-up approach, the adoption trend of edge computing solutions among different end users in key countries with respect to the regions that contribute to most of the market share was identified. For cross-validation, the adoption trend of solutions, along with different use cases, with respect to their business segments, has been identified and extrapolated. Weightage has been given to the use cases identified in the different application areas for the calculation.

In the bottom-up approach, the adoption trend of edge computing solutions between the major two applications in key countries, with respect to regions that contribute to most of the market share, has been identified. For cross-validation, the adoption trend of edge computing, along with different use cases with respect to their business segments, has been identified and generalized. Weightage has been given to the use cases identified in different solution areas for calculation. An exhaustive list of all vendors offering solutions and services in the edge computing market has been prepared. The revenue contribution of all vendors in the market has been estimated through annual reports, press releases, funding, investor presentations, paid databases, and primary interviews. Vendors with edge computing offerings have been considered to evaluate the market size. Each vendor has been evaluated based on its solution and service offerings across verticals. The aggregate of all companies' revenue has been extrapolated to reach the overall market size. Each sub-segment has been studied and analyzed for its market size and regional penetration. Based on these numbers, primary and secondary sources have determined the region split. 

All possible parameters affecting the market covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. This data has been consolidated and added with detailed inputs and analysis from MarketsandMarkets.

Both top-down and bottom-up approaches were used to estimate and validate the total size of the edge computing market. They were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:

  • The key players in the industry and markets have been identified through extensive secondary research.
  • The industry’s supply chain and market size, in terms of value, have been determined through primary and secondary research processes.  
  • All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Edge computing market: Top-down and bottom-up approaches

Edge Computing Market  Size, and Share

To know about the assumptions considered for the study, Request for Free Sample Report

Data Triangulation

After arriving at the overall market size—using the market size estimation processes as explained above—the market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, the data triangulation and market breakup procedures were employed, wherever applicable. The data was triangulated by studying several factors and trends from both, the demand and supply sides, in the edge computing market.

Market definition

Edge computing is a practice of processing and analysing data collected from various sensors and connected devices at the edge of the network to assist real-time applications. It helps reduce latency and bandwidth concerns and provides a faster response to critical applications. Instead of transferring the data to the cloud or data centers, data is transmitted from the sensors and devices to be stored and processed on the edge of the network, close to the devices.

Key stakeholders of the market include:

  • Training and consulting service providers
  • Information Technology (IT) infrastructure providers
  • Component providers
  • System Integrators (SI)
  • Support service providers
  • Cloud Service Providers (CSPs)
  • Government organizations and standardization bodies
  • Datacenter providers
  • Regional associations
  • Independent hardware and software vendors
  • Value-added resellers and distributors

Report Objectives

  • To describe and forecast the edge computing market based on components (hardware, software, and services), application, organization size, verticals, and regions.
  • To forecast the market size of five main regions: North America, Europe, Asia Pacific, Middle East and Africa, and Latin America
  • To analyze subsegments with respect to individual growth trends, prospects, and contributions to the total market
  • To provide detailed information about major factors (drivers, restraints, opportunities, and challenges) influencing the growth of the market
  • To analyze opportunities in the market for stakeholders and provide details of the competitive landscape for major players
  • To comprehensively analyze the core competencies* of key players in the market
  • To track and analyze the competitive developments, such as product/solution launches and enhancements; business expansions; acquisitions; and partnerships, contracts, and collaborations, in the market.

Available Customizations

With the given market data, MarketsandMarkets offers customizations as per the company’s specific needs and on best effort basis for profiling of additional market players.

Custom Market Research Services

We will customize the research for you, in case the report listed above does not meet with your exact requirements. Our custom research will comprehensively cover the business information you require to help you arrive at strategic and profitable business decisions.

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