Global Edge Computing Market Analytics Report 2022: Market to Reach $21.6 Billion by 2027 – With Millions Working From Home, This Newly-Distributed Workforce Will Accelerate Adoption of Edge Computing – ResearchAndMarkets.com – Brazosport Facts

Global Edge Computing Market to Reach $21.6 Billion by 2027

Amid the COVID-19 crisis, the global market for Edge Computing estimated at US$4 Billion in the year 2020, is projected to reach a revised size of US$21.6 Billion by 2027, growing at a CAGR of 27% over the period 2020-2027.

Hardware, one of the segments analyzed in the report, is projected to record a 26.2% CAGR and reach US$10.4 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Platform segment is readjusted to a revised 28.3% CAGR for the next 7-year period.

The U.S. Market is Estimated at $1.5 Billion, While China is Forecast to Grow at 35.3% CAGR

The Edge Computing market in the U.S. is estimated at US$1.5 Billion in the year 2020. China, the world’s second largest economy, is forecast to reach a projected market size of US$3.1 Billion by the year 2027 trailing a CAGR of 35.3% over the period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 23.6% and 27.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 24% CAGR.

Other Components Segment to Record 27.5% CAGR

In the global Other Components segment, USA, Canada, Japan, China and Europe will drive the 27.5% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$984.5 Million in the year 2020 will reach a projected size of US$5.2 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets.

What’s New for 2022?

• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies – Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to a digital archives and Research Platform
• Complimentary updates for one year

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
• The Age of Digitalization, Now Catalyzed by the Pandemic, Provides the Foundation for the Rise of Edge Computing
• The Pandemic Creates a Scenario Where Digitalization Equals Survival
• Edge Computing: Overview, Importance, & Benefits
• Here’s What to Expect in the Edge Computing Market
• Recent Market Activity
• Innovations
• World Brands

2. FOCUS ON SELECT PLAYERS (Total 256 Featured)

• ABB Ltd
• ADLINK Technology Inc.
• Amazon Web Services (AWS), Inc
• Atos SE
• Axellio Inc.
• Azion Technologies, Inc.
• Belden Inc.
• Cisco Systems, Inc.
• ClearBlade, Inc.
• Dell Inc.
• Digi International Inc.
• Edge Intelligence Software, Inc.
• EdgeConneX Inc.
• EdgeIQ
• Edgeworx, Inc
• Foghorn Systems
• General Electric Company
• Google LLC
• Hewlett Packard Enterprise Development LP
• Huawei Technologies Co., Ltd
• Intel Corporation
• International Business Machines Corporation
• Juniper Networks, Inc.
• Litmus Automation Inc.
• Microsoft Corporation
• Moxa Inc.
• Nokia Corporation
• Phoenix Contact GmbH & Co. KG
• Rockwell Automation, Inc.
• Saguna Networks Ltd
• SAP SE
• Siemens AG
• Sierra Wireless, Inc
• SixSq SA

3. MARKET TRENDS & DRIVERS

• COVID-19-Induced Work From Home (WFH) Pushes Businesses Closer to Edge Computing
• With Millions Working From Home, This Newly-Distributed Workforce Will Accelerate Adoption of Edge Computing
• Edge Computing Enabled Smart Cities Become the New Reality
• COVID-19 Highlights the Value of Smart Cities During Times of Crisis
• Why Edge Computing is Crucial for Smart Cities?
• Focus on Reshaping City Resilience to Future Pandemics & Crisis Will Spur Rejuvenated Spending on Smart City Projects in the Post COVID-19 Period, Providing a Goldmine of Opportunities for Edge Computing
• Edge Computing & 5G: A Perfect Pair: Here’s Why
• A Growing Market for Smart Agriculture to Boost Adoption of Edge Computing
• Smart Agriculture Becomes a US$12 Billion Global Market
• Smart Agriculture Opens a Wealth of Opportunity for Edge Computing
• Edge Computing’s Role in Smart Agriculture Demystified
• Digital Transformation Spending in Transportation & Logistics to Spur Adoption of Edge Computing
• Rapid Digitalization of the Transportation Industry Spells Opportunity for Edge Computing in Smart Management of IoT Enabled Fleets
• Smart Retail Evolution Heavily Dependent Upon Edge Computing
• As Smart Retail Evolves, Edge Computing Becomes Vital in Realizing the Promised Benefits
• The Strengthening Relationship Between Edge Computing and Mobility, Gives Rise to the Massively Popular Mobile Edge Computing
• Mobile Edge-Powered Computing Offers Intriguing Advantages for Location-Based Applications
• Manufacturing & IIoT Emerge As Important End-Users of Edge Computing
• Rise in IoT Ecosystem, the Cornerstone for Future Growth
• Manufacturing Automation Catches Fire
• The Growing Momentum Towards Manufacturing Automation to Encourage Adoption of Edge Computing
• Why Edge Computing is a Necessity in Age of Manufacturing Automation & Industrial IoT (IIoT)
• The Age of Analytics Pushes Up the Need for Mobile Edge Computing
• As Remote Monitoring & Control Rises in Prominence, Its Time to Take This Capability to the Edge
• Expanding Applications of Edge Computing in AR Wearables to Benefit Market Growth
• Edge Computing in Healthcare, the Only Way to Unlock the Benefits of Value-based Care
• Accelerating Pace of Connected Care Adoption Drives Opportunities for Edge Computing
• Edge Computing to Become an Indispensable Part of Connected Healthcare
• Edge AI – Next Frontier of Digital Transformation

4. GLOBAL MARKET PERSPECTIVE

III. REGIONAL MARKET ANALYSIS

IV. COMPETITION

Laura Wood, Senior Press Manager

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INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT IOT (INTERNET OF THINGS) WEARABLES/MOBILE TECHNOLOGY

SOURCE: Research and Markets

Copyright Business Wire 2022.

PUB: 10/24/2022 09:48 AM/DISC: 10/24/2022 09:48 AM