Edge Data Center Market Size worth over $13bn by 2024

Edge Data Center Market size is set to exceed USD 13 billion by 2024; according to a new research report by Global Market Insights, Inc.
 

Growing demand for edge and cloud computing technology is driving the edge data center market. These technologies allow organizations to set up their infrastructure facilities close to the source of data generation. It offers complete control over the data processing and storage at the edge of a network rather establishing it in a centralized warehouse. Several advantages of these technologies in the industrial sector include reduced network traffic, real-time data analysis, low operating costs, and improved application performance. The organizations are witnessing a rapid increase in the data processing frequency and rate, enhancing the business operations and fueling the market growth.

 

Request Sample Buy NowInquiry Before Buying

 

Moreover, the edge data center market is witnessing a growth due to the increased adoption of these facilities in harsh environmental conditions such as bad weather. These facilities are pre-built, offering protection from humidity, heat, rain, fire, etc., which can cause catastrophic damages to these devices. The products offered by manufacturers in the market are integrated with several cooling and fire protecting devices, saving infrastructure facilities from the external factors that can damage them. Moreover, the applications of these facilities offer an increased level of physical as well as data layer security. The data loss and theft instances are increasing in several industry verticals, encouraging the players to adopt a secured data environment, thereby propelling the market growth.
 

Edge Data Center Market

Get more details on this report by requesting a free sample copy
 

The IT & telecom sector is witnessing a high adoption in the edge data center market. A rapid increase in the amount of data generated in the telecom sector is expected to drive the industry demand. The telecom operators are offering flexible offers, plans, and 4G internet connectivity, which are responsible for the generation of such massive information. Moreover, the companies are dependent on these facilities for a secure environment that will allow them to store confidential customer information to reduce the chances of data thefts. Increasing demand for 5G connectivity in the telecommunication industry is forcing the companies to depend on the edge computing technologies as operators are planning to locate the facilities close to 5G towers.
 

Browse key industry insights spread across 250 pages with 291 market data tables & 22 figures & charts from the report, “Edge Data Center Market Size By Component (Solution [Cooling, Power, UPS, IT Racks & Enclosures, Networking Equipment, DCIM] Service [Installation & Integration, Managed, Consulting]), By Application (BFSI, Colocation, Energy, Government, Healthcare, Manufacturing, IT & Telecom), Industry Analysis Report, Regional Outlook (U.S., Canada, Mexico, UK, Germany, France, Spain, Poland, Benelux, China, India, Japan, Singapore, Australia, Brazil, Colombia, Chile, Argentina, GCC, South Africa), Growth Potential, Competitive Market Share & Forecast, 2018 – 2024” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/edge-data-center-market
 

The power solutions in the edge data center market was over 35% of the overall industry revenue in 2017 and will witness more demand due to the rising and focused needs across industries for effective power management products to minimize the power consumption of electrical devices. Such requirements are encouraging developers to provide products and solutions that monitor and analyze the consumption of energy by each device. The power management solutions are the most widely adopted technologies in the market that are developed for enhancing the performance of the infrastructure facilities with less operational costs. For instance, Delta Power Solutions is offering several integrated power management solutions such as Modular UPS, PDU, and Rack PDU.
 

Europe edge data center market will observe traction with the rising interest of global companies to expand their business operations in the region to manage the massive data generated in several application industries. For instance, in November 2018, EdgeConneX announced the acquisition of the Linxdatacenter facility based in Poland. The newly acquired data center facility will support the company’s expanding business operation in the country. The favorable environmental conditions and the availability of other resources, such as suitable government regulations and the availability of the suppliers, are encouraging the players to select the region for deploying their infrastructure facilities, thereby driving the market demand.
 

Major players operating in the market are Cisco Systems, Inc., Edgeconnex, Rittal, Elliptical Mobile Solutions, Dell, Inc., Huawei Technologies Co., Ltd., Zellabox, Anixter, VXchnge, Anixter International, Dell, Inc., Wave-2-Wave Solution Corporation, Schneider Electric, Panduit Corp, Silicon Graphics, Inc., 365 Data Centers, Compass Data Centers, and Bytegrid, among others. The companies in edge data center market are increasingly targeting their offerings in small and medium enterprises. These businesses are adopting cloud technologies to store and process large volumes of data. Moreover, the companies are adopting strategies, such as new product development and product differentiation, to tackle the competitive environment in the market. For instance, in April 2018, Nokia launched AirFrame, which is an open edge cloud infrastructure developed for optimizing the performance & operator costs as the company is improvising its networks to prepare for the 5G connectivity.
 

Edge data center market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD from 2013 to 2024, for the following segments:

By Component

  • Solution
    • Cooling
    • Power
      • UPS
    • IT racks & enclosures
    • Networking equipment
    • DCIM
  • Service
    • Installation & integration
    • Managed
    • Consulting

By Application

  • BFSI
  • Colocation
  • Energy
  • Government
  • Healthcare
  • Manufacturing
  • IT & Telecom
  • Others

The above information is provided on a regional and country basis for the following:

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Spain
    • Poland
    • Benelux
  • Asia Pacific
    • China
    • India
    • Japan
    • Singapore
    • Australia
  • South America
    • Brazil
    • Colombia
    • Chile
    • Argentina
  • MEA
    • GCC
    • South Africa

We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies. More info. I Agree