Global Edge Computing Market Report Overview:
According to current research by MarkNtel Advisors the Global Edge Computing Market is estimated to grow at a CAGR of around 30% during the forecast period, i.e., 2024-30. Data at the global, regional, and sub-regional levels are included in the report to assist stakeholders in better understanding supply and demand dynamics and how they affect the sector.
Professionals in the industry have conducted a thorough analysis of the global Edge Computing market report, which has been presented in a way that highlights the most important facts. The most up-to-date data on the global market is the primary emphasis of the research. It includes several significant topics, such as corporate profiles, mergers and acquisitions, financial status, and feasibility research. It offers thorough details on industry chain analysis, marketing routes, and raw material costs. Stakeholders can learn more about market viability and financial sustainability through this abundance of information available. In addition, it provides a comprehensive picture of the market dynamics by illuminating the strategic actions made by organizations, their profiles, and the entire industry value chain.
Scope of the report:
Within the market under study, the report looks at the numerous applications, products/services, market value, and production capacity. In addition, it provides a thorough SWOT analysis, a threat and opportunity analysis, and a summary of the leading regions. Through this, stakeholders may find out more about the market potential for application, diversity of products/services, and market value. In addition, the research offers an evaluation of the opportunities, threats, weaknesses, and strengths, enabling stakeholders to comprehend the market environment and make wise decisions.
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Global Edge Computing Market Trend:
Integration of Artificial Intelligence (AI) & Machine Learning (ML) Capabilities Gaining Momentum – In the edge computing industry, the integration of machine learning (ML) and artificial intelligence (AI) capabilities at the edge is an emerging trend. Organizations can process and analyze data in real time, extract insightful information, make wise judgments, and act quickly at the moment of data generation by implementing AI and ML algorithms directly on edge devices. Applications like industrial edge marketplace automation, smart cities, autonomous cars, and IoT-enabled devices that demand low latency, quick response times, and effective bandwidth use would benefit most from this integration. Organizations can also boost predictive maintenance capabilities, optimize resource allocation, improve operational efficiency, and provide end users with personalized experiences by utilizing AI and ML at the edge.
Therefore, the integration of AI & ML capabilities is changing the dynamics of the global edge industry and paving the way for future growth & expansion in the coming years.
Competitive Landscape:
To provide a clear picture of the competitive environment of the studied industry, we conducted a detailed analysis of both the major global players and the important regional small- and medium-sized businesses with significant growth potential. This global Edge Computing market research provides information on the competitors, including their sales volume and revenue with corresponding market shares, price, and gross margin. It also examines the current competitive situation of the market. Furthermore, discussed are the market concentration ratio, mergers, acquisitions, and expansion strategies.
- IBM Corporation
- Amazon Web Services
- Cisco Systems, Inc.
- Huawei Technologies Co. Limited
- ABB Group
- Intel Corporation
- Microsoft Corporation
- SAP SE
- Hewlett Packard Enterprise Development LP
- AT&T Inc.
- Rockwell Automation Inc.
- Atos SE
- Digi International Inc.
- General Electric Company
- ADLINK Technology Inc.
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By identifying the high-growth sectors, the study also gives stakeholders valuable insights into the trends and factors that are either driving or impeding the market growth possibilities.
Global Edge Computing Market Segmentation
-By Organization Size
- Small
- Medium
- Large
The Global Edge Computing Market is expected to be led by large enterprises mainly because of their extensive infrastructure, varied operating needs, and huge resources. These businesses have the resources and know-how to invest in and implement edge computing solutions on a large scale. Furthermore, because large businesses frequently have complex networks of dispersed assets and operate across various geographic locations, edge computing is an appealing option for streamlining operations and is market edge worth it productivity.
-By Component
- Solution
- Services
-By Application
- Connected Vehicles
- Smart Devices
- Remote Monitoring
- Industrial Internet of Things
- Augmented & Virtual Reality
- Smart Cities
- Content Delivery
- Others
-By End Users
- Energy & Utilities
- Healthcare & Lifesciences
- Transportation & Logistics
- Manufacturing
- Retail & Consumer Goods
- IT & Telecom
- Government & Defense
- Others
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Edge Computing Market Geographical Reach:
-By Region
- North America
- South America
- Europe
- Middle East & Africa
- Asia-Pacific
Key Benefits for Stakeholders:
- To determine the prevailing market opportunities, this research offers a quantitative study of the market segments, current trends, projections, and shifts in the global Edge Computing market analysis from 2024-30.
- Information on the main factors driving the market as well as the obstacles and possibilities are provided.
- The power of suppliers and buyers to empower stakeholders to make profit-driven business decisions and fortify their supplier-buyer network is underscored by Porter’s five forces analysis.
- A comprehensive examination of the Edge Computing market segmentation aids in identifying the dominant market opportunities.
- The major countries in each area are shown about the revenue they generate for the global market.
- Market player positioning makes benchmarking easier and gives a clear picture of the current market position of each participant discussed in the report.
- The research analyzes market trends for the Edge Computing industry on a regional and global scale, as well as the major competitors, market segments, and industry expansion tactics.
About Us
MarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others.
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