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3. Top Companies in Edge Computing Industry - Microsoft (US), Dell Technologies (US) and AWS (US)

The Edge computing market is anticipated to expand at a Compound Annual Growth Rate (CAGR) of 13.0% from USD 60.0 billion in 2024 to USD 110.6 billion in 2029 throughout the forecast period. Enhanced data security, lower latency, higher bandwidth gains across verticals, organizations, and regions globally, and higher adoption of digital transformation initiatives are expected to drive the growth of the global Edge computing market.

Major vendors in this market are based in North America, Asia Pacific, and Europe. Some of the key players operating in the Edge computing market are – Microsoft (US), HPE (US), Google (US), IBM (US), and Intel (US), among others. These companies have strengthened their positions in the market by implementing a variety of growth tactics. To increase their market share in Edge computing offerings/market, they have been practicing organic and inorganic growth strategies such as product launches, agreements, collaborations, mergers and acquisitions, and the creation of new products.

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AWS

AWS plays a significant role in the global edge computing market by providing a range of services and solutions tailored to meet the demands of edge computing architectures. With its extensive network of data centers and edge locations, AWS enables businesses to deploy applications closer to end-users, reducing latency and improving performance. AWS offers services such as AWS Outposts, AWS Wavelength, AWS IoT Greengrass, and AWS Local Zones, facilitating edge computing deployments across various industries, including IoT, gaming, and media streaming. According to recent statistical data, AWS continues to dominate the cloud market, with a market share of approximately 32%.

For over 15 years, AWS has maintained its position as the most extensive and widely adopted cloud platform globally. AWS has consistently broadened its array of services to accommodate virtually any cloud-based workload, offering over 200 fully featured services spanning compute, storage, databases, networking, analytics, machine learning, IoT, mobile, security, hybrid solutions, VR/AR, media, and application development and management. With 96 Availability Zones (AZ) across 30 geographic regions and plans to introduce 15 more AZ and five additional AWS Regions, AWS remains a trusted choice for millions of customers, ranging from burgeoning startups to Fortune 500 companies and government agencies, enabling them to enhance agility and reduce costs.

Dell Technologies

Dell Technologies is a key player in the global edge computing market. It offers a comprehensive portfolio of edge solutions designed to enable organizations to process and analyze data closer to its source. With its Edge Gateway and PowerEdge server offerings, Dell empowers businesses to deploy edge computing solutions efficiently, improving latency, enhancing security, and enabling real-time insights across various industries. According to recent statistical data by IDC, Dell Technologies maintained its position as the leading vendor in the x86 server market in Europe, the United States, Canada, India, and other regions in the third quarter of 2021 (July through August). Dell's strong performance in these markets underscores its significance in the global edge computing landscape.

Microsoft

Microsoft is a multinational technology company that develops, licenses, and supports various software products, services, and devices. The company operates through three primary business segments: productivity and business processes, intelligent cloud, and personal computing. Microsoft caters to various verticals, including education, insurance, government, health, hospitality and travel, and retail and consumer goods. The company's API management solution offers enterprises self-service, autogenerated, real-time, secure, and service interruption-free solutions. The company distributes and markets its products through OEMs, resellers, distributors, and online and Microsoft retail stores. It caters to a diverse client base across North America, Asia Pacific, Latin America, the Middle East, Africa, and Europe.

Microsoft has emerged as a critical edge computing player in the rapidly expanding market. Leveraging its extensive experience in cloud computing and software solutions, Microsoft has strategically positioned itself to capitalize on the growing demand for edge computing services. With offerings such as Azure Edge Zones and Azure IoT Edge, Microsoft enables businesses to deploy and manage applications closer to the network's edge, thereby reducing latency and improving performance. Microsoft empowers organizations to unlock new insights and drive innovation at the edge by combining its robust cloud infrastructure with advanced analytics and AI capabilities. With its comprehensive suite of edge computing solutions, Microsoft continues to play a pivotal role in shaping the future of decentralized computing architectures and addressing the evolving needs of businesses across industries.

Related Reports:

Edge Computing Market by Component (Hardware, Software, Services), Application (Real-time Data Processing & Analysis, Predictive Maintenance, & Optimization), Organization Size (Large Enterprises, SMEs), Vertical and Region - Global Forecast to 2029

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