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Edge Computing Market Trends

  • Report ID: GMI5275
  • Published Date: Aug 2023
  • Report Format: PDF

Edge Computing Market Trends

The demand for real-time data insights and immediate response by low latency between processing and data sources is fueling growth in the edge computing industry. For instance, in August 2023, StackPath, a provider of edge computing platforms, introduced expanded StackPath Edge Computer Virtual Machine and Container instances. These instances offer increased virtual CPU (vCPU) core counts along with in-built RAM. This enhancement equips enterprises with the necessary computational strength for data-intensive tasks. Deployed at the edge of the internet, these larger instances minimize latency between data processing and sources, catering to the demands of low-latency applications.
 

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

Market size for edge computing was USD 9.1 billion in 2022 and will register 34.3% CAGR between 2023 and 2032.

The manufacturing segment held a market share of 27% in 2022 and will grow at a robust pace through 2032 owing to the integration of edge computing within Industry 4.0.

North America edge computing share was over 34% in 2022 and will expand significantly through 2032 owing to the strategic partnerships across the region.

Amazon Web Services Inc., HPE, Microsoft Corporation, IBM Corporation, Intel Corporation, Google LLC, and Dell Technologies Inc.

Edge Computing Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 19
  • Tables & Figures: 444
  • Countries covered: 19
  • Pages: 300
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