Kenneth Research has published a detailed report on Edge Computing Market which has been categorized by market size, growth indicators and encompasses detailed market analysis on macro trends and region-wise growth in North America, Latin America, Europe, Asia-Pacific and Middle East & Africa region. The report also includes the challenges that are affecting the growth of the industry and offers strategic evaluation that is required to boost the growth of the market over the period of 2019-2026.
The report covers the forecast and analysis of the Edge Computing Market on a global and regional level. The study provides historical data from 2015 to 2019 along with a forecast from 2019-2026 based on revenue (USD Million). In 2018, the worldwide GDP stood at USD 84,740.3 Billion as compared to the GDP of USD 80,144.5 Billion in 2017, marked a growth of 5.73% in 2018 over previous year according to the data quoted by International Monetary Fund. This is likely to impel the growth of Edge Computing Market over the period 2019-2026.
“The Final Report will cover the impact analysis of COVID-19 on this industry.”
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IoT-edge partnership is expected to revolutionize data computing and account for various corporate gains for those looking to leverage and harness the power of data analytics in developing solutions for major industry verticals. Moreover, to cope up with the challenges of network latency and the need for immediate real-time insights has led to the evolution of multi-locational hybrid data architectures that store data locally at the edge
Edge Computing processes the data at the network edge. Edge computing supports applications to analyze and process collected data in real-time, which is one of the key factors driving market demand. In addition, the introduction of the 5G network, various IoT software platforms and languages are expected to provide significant opportunities for market growth in the coming years. However, local hardware and higher maintenance costs are likely to inhibit the growth of the edge computing industry.
The latest on-device approach features lower dependency on cloud and better manage a massive deluge of data being generated by the edge IoT products. For instance, Nest Cam IQ indoor security cameras built by Google Inc. features an on-device vision processing to detect motion, recognize familiar faces, and send real-time alerts about the occurrence of specific events, all by leveraging the technology. Moreover, Google Inc. has announced a Cloud IoT Edge platform that extends the Google cloud’s data processing and Machine Learning (ML) capabilities to edge devices. This software platform comes with an ML inferencing engine that can take advantage of Edge Tensor Processing Units (TPUs).
mobile edge computing
energy & utilities
IT & telecommunication
By Regional Ananlysis
*Rest of Europe
*Rest of Asia-Pacific
*Rest of LATAM
Middle East & Africa
*Rest of MEA
The adoption of edge computing technologies by large companies is high due to the increased data generation, attributed to the broad geographic reach and customer base. In addition, growing employee demand for access to computing tools and applications while ensuring proper data storage drives the market for edge computing solutions among large enterprises.
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The Edge Computing Market report examines competitive scenario by analyzing key players in the market. The company profiling of leading market players is included in this report with Porter’s five forces analysis and Value Chain analysis. Further, the strategies exercised by the companies for expansion of business through mergers, acquisitions, and other business development measures are discussed in the report. The financial parameters which are assessed include the sales, profits and the overall revenue generated by the key players of Market.
Key points covered in this report:
*The historical and current data is provided in the report based on which the future projections are made and the industry analysis is performed.
*The import and export details along with consumption value and production capability of every region is mentioned in the report.
*Porter’s five forces analysis, value chain analysis, SWOT analysis are some additional important parameters used for the analysis of market growth.
*The report provides the clients with the facts and figures about the market on the basis of evaluation of the industry through primary and secondary research methodologies.
ANSWERED TO THE FREQUENTLY ASKED QUESTIONS :
WHAT IS THE SCOPE OF THE REPORT?
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
WHAT ARE THE KEY SEGMENTS IN THE MARKET?
*By product type
*By End User/Applications
WHICH MARKET DYNAMICS AFFECTS THE BUSINESS?
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
Key Topic Covered in this Report
*Market Growth Opportunities
*Leading Market Players
*Market Size and Growth Rate
*Market Growth Drivers
*Company Market Share
*Market Trends and Technological
The Edge Computing Market report highlight the economy, past and emerging trend of industry, and availability of basic resources. Furthermore, the market report explains development trend, analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out. In the end, the report makes some important proposals for a new project of Edge Computing Market before evaluating its possibility.
About Kenneth Research:
Kenneth Research is a reselling agency which focuses on multi-client market research database. The primary goal of the agency is to help industry professionals including various individuals and organizations gain an extra edge of competitiveness and help them identify the market trends and scope. The quality reports provided by the agency aims to make decision making easier for industry professionals and take firm decisions which helps them to form strategies after complete assessment of the market. Some of the industries under focus include healthcare & pharmaceuticals, ICT & Telecom, automotive and transportation, energy and power, chemicals, FMCG, food and beverages, aerospace and defense and others. Kenneth Research also focuses on strategic business consultancy services and offers a single platform for the best industry market research reports.
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