The global edge computing market was valued at USD 2,590.3 million in 2019 and is anticipated to grow at a CAGR of 38.9% over the forecast period from 2020 to 2025. The research study is also known to provide in depth analysis of the reports which is one of the key aspects for the growth of the global edge computing market. The report is also used in the analysis of the growth rates and the threats of new entrants, which are used for the determination of the growth of the market for the estimated forecast period.
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One of the methods for the determination of the growth of the market is the increased use of the statistical tools, which is used for the estimation of the growth of the market for the estimated forecast period. The study covers the production, sales, and revenue of various top players in the global edge computing market, therefore enabling customers to achieve thorough information of the competition and henceforth plan accordingly to challenge them head on and grasp the maximum market share.
This report is filled with significant statistics and information for the consumers to attain in-depth data of the edge computing market and further edge computing market growth. The up-to-date, complete product knowledge, end users, industry growth will drive the profitability and revenue. Edge computing market report studied the current state of the market to analyze the future opportunities and risks. Edge computing market report provides a 360-degree global market state. Primarily, the report delivers edge computing market introduction, overview, market objectives, market definition, scope, and market size valuation.
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The study also provides detailed analysis of the market, which consists of the growth of the regions, which is one of the major aspects which is likely to have an impact on the market. The strengths and the political factors, which are likely to affect the market is also covered in detail for the estimation of the market in the estimated forecast. In addition, the political and the environmental factors are also determined affecting the global edge computing market in the estimated forecast period.
The telecom operators and solution providers are entering into strategic partnership owing to the increasing use of IoT applications coupled with the roll out of 5G networks which will further boost the market. For instance, in January 2019, Vodafone and IBM entered into an agreement to develop new solutions which will be based on 5G, edge computing and IoT.
The companies as a strategic step are entering into partnerships, acquiring domestically established companies, funding many startups and launching their products in new markets to strengthen their position. Some of the major companies operating in this industry include Amazon Web Services Cisco, Clearblade, ADLINK Technology, Dell EMC, Google, Hitachi Vantara, HPE, Huawei, IBM, Intel, Microsoft, Oracle, SAP and Saguna.
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Key segments of the global edge computing market
Component Overview, 2015-2025 (USD Million)
Application Overview, 2015-2025 (USD Million)
o Smart Cities
o Industrial Internet of Things (IIoT)
o Remote Monitoring
o Content Delivery
o Augmented Reality (AR) and Virtual Reality (VR)
Enterprise Size Overview, 2015-2025 (USD Million)
o Small and Medium-sized Enterprises (SMEs)
o Large Enterprises
Industry Vertical Overview, 2015-2025 (USD Million)
o Energy & Power
o IT and Telecom
o Healthcare & Life Sciences
o Retail & Consumer Goods
Regional Overview, 2015-2025 (USD Million)
o North America
o Rest of Europe
o Asia Pacific (APAC)
o Rest of APAC
o Rest of World
Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code- Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.
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