"Edge Computing Market by Component (Hardware, Platform, and Services), Application (Smart Cities, IIoT, Content Delivery, Remote Monitoring, AR and VR), Organization Size (SMEs and Large Enterprises), Vertical, and Region – Global Forecast to 2024" report has been added to ResearchAndMarkets.com’s offering.” data-reactid=”11″>DUBLIN, Sept. 6, 2019 /PRNewswire/ — The “Edge Computing Market by Component (Hardware, Platform, and Services), Application (Smart Cities, IIoT, Content Delivery, Remote Monitoring, AR and VR), Organization Size (SMEs and Large Enterprises), Vertical, and Region – Global Forecast to 2024” report has been added to ResearchAndMarkets.com’s offering.
USD 2.8 billion in 2019 to USD 9.0 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 26.5% during the forecast period.
In edge computing, devices installed with sensors, actuators, and controllers collect data and analyze it themselves or send it over to the nearest data centers or computing devices. By facilitating the processing and analysis at the edge of the network (near to the data source), edge computing eliminates the network overloading risks and latency issues.
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