In 2022, the global Edge Computing in Manufacturing market is projected to expand at a CAGR of 34.5%. The growing use of Edge Computing in Manufacturing in recycling processes across a variety of sectors is driving up market demand. As a result, the market is expected to reach USD 9066 Mn in 2028.
Global “Edge Computing in Manufacturing Market” to grow with a impressive CAGR over the forecast period from 2022-2028. The report on Edge Computing in Manufacturing provides the clients with a comprehensive analysis of crucial driving factors, consumer behavior, growth trends, product utilization, key player analysis, brand positioning and price patterns. The information on pricing patterns is obtained by analyzing product prices of key players as well as emerging market players. Furthermore, Edge Computing in Manufacturing market research report provides valuable insights on market overview, market segmentation and strategies for established and emerging players.
This study specially analyses the impact of Covid-19 outbreak on the Edge Computing in Manufacturing, covering the supply chain analysis, impact assessment to the Edge Computing in Manufacturing market size growth rate in several scenarios, and the measures to be undertaken by Edge Computing in Manufacturing companies in response to the COVID-19 epidemic.
Final Report will add the analysis of the impact of COVID-19 on this industry.
The Edge Computing in Manufacturing report also offers information on the factors impeding the market growth which shall offer valuable data to vendors for strategic planning. It is crucial to understand these factors as they help in identifying the market growth opportunities. Moreover, market research analysts at 360 Research Reports offer timely assistance in understanding eccentric market parameters in a better way.
The research covers the current Edge Computing in Manufacturing market size of the market and its growth rates based on 6-year records with company outline of Key players/manufacturers:
- Amazon Web Services
- Dell Technologies
- Litmus Automation
- FogHorn Systems
- Vapor IO
- MachineShop (EdgeIQ)
- Saguna Networks
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Brief Description About Edge Computing in Manufacturing Market :
Edge computing refers to the allocation of computing workloads to the “edges” of a networkto devices and resources closer to network endpoints than a centralized data center or cloud. In manufacturing industry, advances in edge computing mean that manufacturing is returning to a decentralized model. Rather than concentrate data processing in a single location, decentralized systems like edge computing take advantage of the compute and storage capacity extant at nodes throughout the network. This type of structure is “decentralized” because computing is done where there are available and sufficient resources. With decentralized systems, proximity is a leading determinant of where processing occurs.
North America is the largest consumption area, making up 42.50% in 2019. Europe ranks the second, total Edge Computing in Manufacturing accounted for 29.55%. Asia Pacific is projected to share significant growth in the edge computing in manufacturing market owing to increasing demand for edge computing in automotive and chemical industry and rapidly growing manufacturing industry market in emerging developing economies like India and China. Of the major players of edge computing in manufacturing, IBM maintained its first place in the ranking in 2019. IBM accounted for 14.98% of global edge computing in manufacturing revenue market share in 2019. Other players accounted for 13.50% and 12.84% including Amazon Web Services, Microsoft. On the basis of product type, the software and services segment is projected to account for the largest market share during the forecast period; this segment was estimated to account for 65.53% market share in 2019. In the applications, the Electronics segment was estimated to account for the highest market share of 22.93% in 2019. Flowed by Automobile and Transportation, which accounted for 19.83%.
Market Analysis and Insights: Global Edge Computing in Manufacturing Market
The global Edge Computing in Manufacturing market size is projected to reach USD 9066 million by 2027, from USD 1140.6 million in 2020, at a CAGR of 34.5% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Edge Computing in Manufacturing market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Edge Computing in Manufacturing market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Edge Computing in Manufacturing market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Edge Computing in Manufacturing market.
Global Edge Computing in Manufacturing Scope and Market Size
Edge Computing in Manufacturing market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Edge Computing in Manufacturing market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.
Report further studies the market development status and future Edge Computing in Manufacturing Market trend across the world. Also, it splits Edge Computing in Manufacturing market Segmentation by Type and by Applications to fully and deeply research and reveal market profile and prospects.
On the basis of product type this report displays the production, revenue, price, market share and growth rate of each type, primarily split into:
- Software and Services
On the basis of the end users/applications this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including:
- Automobile and Transportation
- Machinery and Equipment
- Household Goods
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Edge Computing in Manufacturing in these regions, from 2017 to 2028, covering
- North America (United States, Canada and Mexico)
- Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
- Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
- South America (Brazil, Argentina, Columbia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Some of the key questions answered in this report:
- What is the global (North America, Europe, Asia-Pacific, South America, Middle East and Africa) sales value, production value, consumption value, import and export of Edge Computing in Manufacturing?
- Who are the global key manufacturers of the Edge Computing in Manufacturing Industry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)?
- What are the Edge Computing in Manufacturing market opportunities and threats faced by the vendors in the global Edge Computing in Manufacturing Industry?
- Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?
- What focused approach and constraints are holding the Edge Computing in Manufacturing market?
- What are the different sales, marketing, and distribution channels in the global industry?
- What are the upstream raw materials and manufacturing equipment of Edge Computing in Manufacturing along with the manufacturing process of Edge Computing in Manufacturing?
- What are the key market trends impacting the growth of the Edge Computing in Manufacturing market?
- Economic impact on the Edge Computing in Manufacturing industry and development trend of the Edge Computing in Manufacturing industry.
- What are the market opportunities, market risk, and market overview of the Edge Computing in Manufacturing market?
- What are the key drivers, restraints, opportunities, and challenges of the Edge Computing in Manufacturing market, and how they are expected to impact the market?
- What is the Edge Computing in Manufacturing market size at the regional and country-level?
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Major Points from Table of Contents
Table of Content
1 Edge Computing in Manufacturing Market Definition and Overview
1.1 Objectives of the Study
1.2 Overview of Edge Computing in Manufacturing
1.3 Edge Computing in Manufacturing Market Scope and Market Size Estimation
1.4 Market Segmentation
1.4.1 Types of Edge Computing in Manufacturing
1.4.2 Applications of Edge Computing in Manufacturing
1.5 Market Exchange Rate
2. Research Method and Logic
2.2 Research Data Source
3. Market Competition Analysis
3.1 Market Performance Analysis
3.2 Product and Service Analysis
3.3 Strategies for Company to Deal with the Impact of COVID-19
3.4 Sales, Value, Price, Gross Margin 2017-2022
3.5 Basic Information
4 Market Segment by Type, Historical Data and Market Forecasts
4.1 Global Edge Computing in Manufacturing Production and Value by Type
4.1.1 Global Edge Computing in Manufacturing Production by Type 2017-2022
4.1.2 Global Edge Computing in Manufacturing Market Value by Type 2017-2022
4.2 Global Edge Computing in Manufacturing Market Production, Value and Growth Rate by Type 2017-2022
4.3 Global Edge Computing in Manufacturing Production and Value Forecast by Type
4.4 Global Edge Computing in Manufacturing Market Production, Value and Growth Rate by Type Forecast 2022-2028
5 Market Segment by Application, Historical Data and Market Forecasts
5.1 Global Edge Computing in Manufacturing Consumption and Value by Application
5.2 Global Edge Computing in Manufacturing Market Consumption, Value and Growth Rate by Application 2017-2022
5.3 Global Edge Computing in Manufacturing Consumption and Value Forecast by Application
5.4 Global Edge Computing in Manufacturing Market Consumption, Value and Growth Rate by Application Forecast 2022-2028
6 Global Edge Computing in Manufacturing by Region, Historical Data and Market Forecasts
6.1 Global Edge Computing in Manufacturing Sales by Region 2017-2022
6.2 Global Edge Computing in Manufacturing Market Value by Region 2017-2022
6.3 Global Edge Computing in Manufacturing Market Sales, Value and Growth Rate by Region 2017-2022
6.3.1 North America
6.3.3 Asia Pacific
6.3.4 South America
6.3.5 Middle East and Africa
6.4 Global Edge Computing in Manufacturing Sales Forecast by Region 2022-2028
6.5 Global Edge Computing in Manufacturing Market Value Forecast by Region 2022-2028
6.6 Global Edge Computing in Manufacturing Market Sales, Value and Growth Rate Forecast by Region 2022-2028
6.6.1 North America
6.6.3 Asia Pacific
6.6.4 South America
6.6.5 Middle East and Africa
7. Market Dynamic Analysis and Development Suggestions
7.1 Market Drivers
7.2 Market Development Constraints
7.3 PEST Analysis
7.3.1 Political Factors
7.3.2 Economic Factors
7.3.3 Social Factors
7.3.4 Technological Factors
7.4 Industry Trends Under COVID-19
7.4.1 Risk Assessment on COVID-19
7.4.2 Assessment of the Overall Impact of COVID-19 on the Industry
7.4.3 Pre COVID-19 and Post COVID-19 Market Scenario
7.5 Market Entry Strategy Analysis
7.5.1 Market Definition
7.5.3 Distribution Model
7.5.4 Product Messaging and Positioning
7.6 Advice on Entering the Market
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