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The global edge computing market will rise from USD 3.1 billion in 2020 to USD 11.6 billion by 2026, at a CAGR of 24.48% in the 2023-2028 forecast period.
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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.
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.
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The industry can be broadly categorised on the basis of its component into:
The industry can be divided based on its end-uses as:
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.
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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.
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:
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.
REPORT FEATURES | DETAILS |
---|---|
Base Year | 2022 |
Historical Period | 2018-2022 |
Forecast Period | 2023-2028 |
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 & Defence, Healthcare, Transportation & Logistics, Retail and Consumer Goods, Telecom & IT, Others |
Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
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 (2018-2022)
8.3 Global Edge Computing Market Forecast (2023-2028)
8.4 Global Edge Computing Market by Component
8.4.1 Hardware
8.4.1.1 Historical Trend (2018-2022)
8.4.1.2 Forecast Trend (2023-2028)
8.4.2 Services
8.4.2.1 Historical Trend (2018-2022)
8.4.2.2 Forecast Trend (2023-2028)
8.4.3 Platforms
8.4.3.1 Historical Trend (2018-2022)
8.4.3.2 Forecast Trend (2023-2028)
8.5 Global Edge Computing Market by End Use
8.5.1 Manufacturing
8.5.1.1 Historical Trend (2018-2022)
8.5.1.2 Forecast Trend (2023-2028)
8.5.2 Government and Defence
8.5.2.1 Historical Trend (2018-2022)
8.5.2.2 Forecast Trend (2023-2028)
8.5.3 Healthcare
8.5.3.1 Historical Trend (2018-2022)
8.5.3.2 Forecast Trend (2023-2028)
8.5.4 Transportation and Logistics
8.5.4.1 Historical Trend (2018-2022)
8.5.4.2 Forecast Trend (2023-2028)
8.5.5 Retail and Consumer Goods
8.5.5.1 Historical Trend (2018-2022)
8.5.5.2 Forecast Trend (2023-2028)
8.5.6 Telecom and IT
8.5.6.1 Historical Trend (2018-2022)
8.5.6.2 Forecast Trend (2023-2028)
8.5.7 Others
8.6 Global Edge Computing Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2022)
8.6.1.2 Forecast Trend (2023-2028)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2022)
8.6.2.2 Forecast Trend (2023-2028)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2022)
8.6.3.2 Forecast Trend (2023-2028)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2022)
8.6.4.2 Forecast Trend (2023-2028)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2022)
8.6.5.2 Forecast Trend (2023-2028)
9 North America Edge Computing Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
10 Europe Edge Computing Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.3 France
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Historical Trend (2018-2022)
10.4.2 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Edge Computing Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2022)
11.1.2 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Historical Trend (2018-2022)
11.2.2 Forecast Trend (2023-2028)
11.3 India
11.3.1 Historical Trend (2018-2022)
11.3.2 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Historical Trend (2018-2022)
11.4.2 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Historical Trend (2018-2022)
11.5.2 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Edge Computing Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2022)
12.1.2 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Historical Trend (2018-2022)
12.2.2 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Historical Trend (2018-2022)
12.3.2 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Edge Computing Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2022)
13.1.2 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2022)
13.2.2 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Historical Trend (2018-2022)
13.3.2 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Historical Trend (2018-2022)
13.4.2 Forecast Trend (2023-2028)
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 2028
2. Global Edge Computing Historical Market: Breakup by Component (USD Billion), 2018-2022
3. Global Edge Computing Market Forecast: Breakup by Component (USD Billion), 2023-2028
4. Global Edge Computing Historical Market: Breakup by End Use (USD Billion), 2018-2022
5. Global Edge Computing Market Forecast: Breakup by End Use (USD Billion), 2023-2028
6. Global Edge Computing Historical Market: Breakup by Region (USD Billion), 2018-2022
7. Global Edge Computing Market Forecast: Breakup by Region (USD Billion), 2023-2028
8. North America Edge Computing Historical Market: Breakup by Country (USD Billion), 2018-2022
9. North America Edge Computing Market Forecast: Breakup by Country (USD Billion), 2023-2028
10. Europe Edge Computing Historical Market: Breakup by Country (USD Billion), 2018-2022
11. Europe Edge Computing Market Forecast: Breakup by Country (USD Billion), 2023-2028
12. Asia Pacific Edge Computing Historical Market: Breakup by Country (USD Billion), 2018-2022
13. Asia Pacific Edge Computing Market Forecast: Breakup by Country (USD Billion), 2023-2028
14. Latin America Edge Computing Historical Market: Breakup by Country (USD Billion), 2018-2022
15. Latin America Edge Computing Market Forecast: Breakup by Country (USD Billion), 2023-2028
16. Middle East and Africa Edge Computing Historical Market: Breakup by Country (USD Billion), 2018-2022
17. Middle East and Africa Edge Computing Market Forecast: Breakup by Country (USD Billion), 2023-2028
18. Global Edge Computing Market Structure
In 2020, the global edge computing market attained a value of nearly USD 3.1 billion.
The market is projected to grow at a CAGR of 24.48% between 2023 and 2028.
The market is estimated to witness a healthy growth in the forecast period of 2023-2028 to reach about USD 11.6 billion by 2026.
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.
The global edge computing market attained a value of USD 3.1 billion in 2020, 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 2023-2028, growing at a CAGR of 24.48%. The edge computing industry is projected to reach USD 11.6 billion by 2026.
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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