The edge data center market is projected to grow from USD 10.4 billion in 2023 to USD 29.6 billion by 2028 at a growth rate of 23.2% during the forecast period. The factors driving the growth of the edge data center market are the growing adoption of IoT across verticals and low latency requirements in areas such as real-time analytics, AR, autonomous vehicles, 5G deployment, and content delivery.
The edge data center market is fragmented and has major vendors based in North America, Europe, Asia Pacific, and other regions. Dell (US), Eaton (Ireland), IBM (US), NVIDIA (US), and Schneider Electric (France), among others, are some of the significant players operating in the edge data center market. These vendors adopt inorganic and organic growth strategies to increase their market share in the edge data center space. These vendors benefit financially from various opportunities to acquire high-tech companies. R&D expenditure has consistently grown due to its focus on high-growth opportunities through innovations and cutting-edge technologies such as AI/ML. These market players have invested heavily in CAPEX to acquire more businesses and strengthen their cognitive, cloud, and security capabilities.
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Dell is one of the key vendors in the edge data center market that offers an exhaustive product portfolio and best-in-class tailored offerings to customers. Dell adopted organic growth strategies, enhancing its product portfolio in this domain. The company provides a broad product portfolio and covers all the critical features of edge data center solutions. Apart from focusing on enhancing new products and product upgrades, it also extends its customer base by partnering with technology suppliers globally. The company has a strong R&D presence. It focuses on expanding its customer base through distribution channels, resellers, and direct sales.
The company is a critical vendor in the edge data center market and is committed to providing quality products to its customers. To fulfill this commitment, the company focuses on diversifying and expanding its product portfolio and market by adopting organic/inorganic growth strategies, such as acquisitions, collaborations, and product upgrades. The company also has an extensive global network across 175 countries, a robust domestic market presence, and a strong distribution network. Its edge data center solution includes categories such as compute edge, local data center edge, and industrial IoT edge.
Edge Data Center Market by Component (Solutions, Services), Facility Size (Small & Medium Facilities, Large Facility), Vertical (IT & Telecom, Manufacturing, Automotive, Healthcare & Lifesciences, Manufacturing), & Region - Global Forecast to 2028
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