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Edge Computing Market

Global Edge Computing Market Analysis, Share, Forecast: By Component: Hardware, Services, Platforms; By End Use: Manufacturing, Government and Defence, Healthcare, Transportation & Logistics, Retail and Consumer Goods, Telecom and IT, Others; Regional Analysis; Market Dynamics: SWOT Analysis; Competitive Landscape; 2024-2032

Global Edge Computing Market Outlook

The global edge computing market will rise from USD 15.54 billion in 2023 to USD 147.38 billion by 2032, at a CAGR of 28.4% in the 2024-2032 forecast period.

 

Global Edge Computing Market

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It is expected that the advent of autonomous vehicles and connected car networks and the need for lightweight frameworks and applications to improve the efficiency of edge computing solutions would create multiple opportunities for edge computing vendors.

 

Market Segmentation

Edge computing is a distributed computing model that takes data storage and computation closer to where it is needed to improve reaction times and save bandwidth. The edge computing market can be divided based on segments like components and end-user.

 

Global Edge Computing Market By Component

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The industry can be broadly categorised on the basis of its component into:

  • Hardware
  • Software
  • Services
  • Edge-Managed Platforms

The industry can be divided based on its end-uses as:

  • Manufacturing
  • Government and Defence
  • Healthcare
  • Transportation and Logistics
  • Retail and Consumer Goods
  • Telecom and IT
  • Others

The EMR report looks into the regional markets of edge computing like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific regions.

 

Global Edge Computing Market By Region

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Market Analysis

Factors such as the increased Internet of Things (IoT) adoption across industries, increased demand for low latency processing and real-time, automated decision-making solutions, and the need to overcome exponentially growing data volumes and network traffic are driving the edge computing market growth. Edge computing helps real-time applications analyse and process collected data, which is also one of the key drivers of the rising industry demand. The advent of the 5 G Network and numerous IoT solutions frameworks and languages are expected to provide significant industry growth opportunities in the coming years. However, it is expected that the growing local hardware and higher maintenance costs will hinder the growth of the edge computing market.

 

Competitive Landscape

The report presents a detailed analysis of the following key players in the global edge computing market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Amazon Web Services, Inc.
  • Cisco Systems, Inc. (NASDAQ: CSCO)
  • Hewlett Packard Enterprise Development LP
  • Huawei Technologies Co., Ltd.
  • International Business Machines Corporation (NYSE: IBM)
  • Capgemini Service SAS
  • Microsoft Corporation (NASDAQ: MSFT)
  • Others

The EMR report gives an in-depth insight into the edge computing market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Component
  • End Use
  • Region
Breakup by Component
  • Hardware
  • Services
  • Platforms
Breakup by End Use
  • Manufacturing
  • Government and Defence
  • Healthcare
  • Transportation and Logistics
  • Retail and Consumer Goods
  • Telecom and IT
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Amazon Web Services, Inc.
  • Cisco Systems, Inc. (NASDAQ: CSCO)
  • Hewlett Packard Enterprise Development LP
  • Huawei Technologies Co., Ltd.
  • International Business Machines Corporation (NYSE: IBM)
  • Capgemini Service SAS
  • Microsoft Corporation (NASDAQ: MSFT)
  • Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface      
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Edge Computing Market Analysis
    8.1    Key Industry Highlights
    8.2    Global Edge Computing Historical Market (2018-2023) 
    8.3    Global Edge Computing Market Forecast (2024-2032)
    8.4    Global Edge Computing Market by Component
        8.4.1    Hardware
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Services
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
        8.4.3    Platforms
            8.4.3.1    Historical Trend (2018-2023)
            8.4.3.2    Forecast Trend (2024-2032)
    8.5    Global Edge Computing Market by End Use
        8.5.1    Manufacturing
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Government and Defence
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Healthcare
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)
        8.5.4    Transportation and Logistics
            8.5.4.1    Historical Trend (2018-2023)
            8.5.4.2    Forecast Trend (2024-2032)
        8.5.5    Retail and Consumer Goods
            8.5.5.1    Historical Trend (2018-2023)
            8.5.5.2    Forecast Trend (2024-2032)
        8.5.6    Telecom and IT
            8.5.6.1    Historical Trend (2018-2023)
            8.5.6.2    Forecast Trend (2024-2032)
        8.5.7    Others
    8.6    Global Edge Computing Market by Region     
        8.6.1    North America
            8.6.1.1    Historical Trend (2018-2023) 
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Europe
            8.6.2.1    Historical Trend (2018-2023) 
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Asia Pacific
            8.6.3.1    Historical Trend (2018-2023) 
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Latin America
            8.6.4.1    Historical Trend (2018-2023) 
            8.6.4.2    Forecast Trend (2024-2032)
        8.6.5    Middle East and Africa
            8.6.5.1    Historical Trend (2018-2023) 
            8.6.5.2    Forecast Trend (2024-2032)
9    North America Edge Computing Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Edge Computing Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5   Others
11    Asia Pacific Edge Computing Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Edge Computing Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Edge Computing Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Competitive Landscape
    15.1    Market Structure
    15.2    Company Profiles
        15.2.1    Amazon Web Services, Inc.
            15.2.1.1    Company Overview
            15.2.1.2    Product Portfolio
            15.2.1.3    Demographic Reach and Achievements
            15.2.1.4    Certifications
        15.2.2    Cisco Systems, Inc. (NASDAQ: CSCO)
            15.2.2.1    Company Overview
            15.2.2.2    Product Portfolio
            15.2.2.3    Demographic Reach and Achievements
            15.2.2.4    Certifications
        15.2.3    Hewlett Packard Enterprise Development LP
            15.2.3.1    Company Overview
            15.2.3.2    Product Portfolio
            15.2.3.3    Demographic Reach and Achievements
            15.2.3.4    Certifications
        15.2.4    Huawei Technologies Co., Ltd.
            15.2.4.1    Company Overview
            15.2.4.2    Product Portfolio
            15.2.4.3    Demographic Reach and Achievements
            15.2.4.4    Certifications
        15.2.5    International Business Machines Corporation (NYSE: IBM)
            15.2.5.1    Company Overview
            15.2.5.2    Product Portfolio
            15.2.5.3    Demographic Reach and Achievements
            15.2.5.4    Certifications
        15.2.6    Capgemini Service SAS
            15.2.6.1    Company Overview
            15.2.6.2    Product Portfolio
            15.2.6.3    Demographic Reach and Achievements
            15.2.6.4    Certifications
        15.2.7    Microsoft Corporation (NASDAQ: MSFT)
            15.2.7.1    Company Overview
            15.2.7.2    Product Portfolio
            15.2.7.3    Demographic Reach and Achievements
            15.2.7.4    Certifications
        15.2.8    Others
16    Key Trends and Developments in the Market


List of Key Figures and Tables

1.    Global Edge Computing Market: Key Industry Highlights, 2018 and 2032
2.    Global Edge Computing Historical Market: Breakup by Component (USD Billion), 2018-2023
3.    Global Edge Computing Market Forecast: Breakup by Component (USD Billion), 2024-2032
4.    Global Edge Computing Historical Market: Breakup by End Use (USD Billion), 2018-2023
5.    Global Edge Computing Market Forecast: Breakup by End Use (USD Billion), 2024-2032
6.    Global Edge Computing Historical Market: Breakup by Region (USD Billion), 2018-2023
7.    Global Edge Computing Market Forecast: Breakup by Region (USD Billion), 2024-2032
8.    North America Edge Computing Historical Market: Breakup by Country (USD Billion), 2018-2023
9.    North America Edge Computing Market Forecast: Breakup by Country (USD Billion), 2024-2032
10.    Europe Edge Computing Historical Market: Breakup by Country (USD Billion), 2018-2023
11.    Europe Edge Computing Market Forecast: Breakup by Country (USD Billion), 2024-2032
12.    Asia Pacific Edge Computing Historical Market: Breakup by Country (USD Billion), 2018-2023
13.    Asia Pacific Edge Computing Market Forecast: Breakup by Country (USD Billion), 2024-2032
14.    Latin America Edge Computing Historical Market: Breakup by Country (USD Billion), 2018-2023
15.    Latin America Edge Computing Market Forecast: Breakup by Country (USD Billion), 2024-2032
16.    Middle East and Africa Edge Computing Historical Market: Breakup by Country (USD Billion), 2018-2023
17.    Middle East and Africa Edge Computing Market Forecast: Breakup by Country (USD Billion), 2024-2032   
18.    Global Edge Computing Market Structure

Key Questions Answered in the Report

In 2023, the global edge computing market attained a value of nearly USD 15.54 billion.

The market is projected to grow at a CAGR of 28.4% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 147.41 billion by 2032.

The major drivers expected to aid market growth are the increased adoption of Internet of Things (IoT) across industries, rising need for low latency processing, growing demand for automated decision-making solutions, and exponentially growing data volumes and network traffic.

The key trends guiding the market growth include the advent of autonomous vehicles and connected car networks, and the rising need for lightweight frameworks and applications to improve the efficiency of edge computing solutions.

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

Hardware, services, and platforms are the leading components of the product in the market.

Manufacturing, government and defence, healthcare, transportation and logistics, retail and consumer goods, and telecom and IT, among others, are the significant end uses of the product in the global edge computing market.

The major players in the market are Amazon Web Services, Inc., Cisco Systems, Inc., Hewlett Packard Enterprise Development LP, Huawei Technologies Co., Ltd., International Business Machines Corporation, Capgemini Service SAS, and Microsoft Corporation, among others.

Analyst Review

The global edge computing market attained a value of USD 15.54 billion in 2023, driven by the increased Internet of Things (IoT) adoption across industries. Aided by the technological advancements, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 28.4%. The edge computing industry is projected to reach USD 147.41 billion by 2032.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on components, the edge computing industry can be segmented into hardware, services, and platforms. On the basis of end use, the industry is divided into manufacturing, government and defence, healthcare, transportation and logistics, retail and consumer goods, and telecom and IT, among others. The major regional markets for edge computing are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Amazon Web Services, Inc., Cisco Systems, Inc. (NASDAQ: CSCO), Hewlett Packard Enterprise Development LP, Huawei Technologies Co., Ltd., International Business Machines Corporation (NYSE: IBM), Capgemini Service SAS, and Microsoft Corporation (NASDAQ: MSFT), among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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