State of the Edge Forecasts Edge Computing Infrastructure Market Worth $700 Billion by 2028 – Yahoo Finance

$700 billion in cumulative IT and data center CAPEX over the next decade

State of the Edge, a diverse, member-supported research organization, today announced the availability of State of the Edge 2020, a free market research report that explains and documents the latest developments in edge computing. New to the 2020 report is a comprehensive forecast model built by Tolaga Research, which predicts $146 billion in annual spend on edge IT and data center infrastructure by 2028, with a 35 percent CAGR and a $700 billion cumulative CAPEX spend between now and then.” data-reactid=”12″>LAS VEGAS, Dec. 4, 2019 /PRNewswire/ — At this year’s IFX Conference in Las Vegas, State of the Edge, a diverse, member-supported research organization, today announced the availability of State of the Edge 2020, a free market research report that explains and documents the latest developments in edge computing. New to the 2020 report is a comprehensive forecast model built by Tolaga Research, which predicts $146 billion in annual spend on edge IT and data center infrastructure by 2028, with a 35 percent CAGR and a $700 billion cumulative CAPEX spend between now and then.

Matt Trifiro, co-chair of State of the Edge. “We document the Third Act of the Internet as it unfolds in real time, leveraging billions of dollars of edge data centers, servers, storage arrays, fiber optics, and wireless technologies to radically transform the world’s middle- and last-mile infrastructures. This will accelerate new technologies like wireless 5G and autonomous vehicles, but will also impact nearly every sector of the economy, from industrial manufacturing to healthcare.” 

$700 billion in cumulative CAPEX will be spent within the next decade on edge IT infrastructure and data center facilities.

To come up with this number, researchers modeled the growth of edge infrastructure from the bottom up, starting with the sector-by-sector use cases likely to drive demand. The forecast considers a total of 11 markets and industries in calculating the growth, including those represented by smart grids, manufacturing, retail, healthcare, automotive and consumer services.

In addition to predicting the growth of monetary spend, the forecast also predicts the growth of data center and IT infrastructure, as measured in megawatts. The deployed global power footprint of the edge IT and data center facilities is forecast to reach 102 thousand MW by 2028, with 68% of the deployments being on the infrastructure edge and 32% on the device edge.

State of the Edge Forecasts Edge Computing Infrastructure Market Worth $700 Billion by 2028

  • Act I: Origination. This is where the internet began, and it includes its evolution through the mid-90s. Act I laid the foundation of a network-of-networks that enables any device to connect to any server, worldwide. Anywhere-to-anywhere connectivity was the magic of Act I, with little attention spent on latency and bandwidth optimizations.
  • Act II: CDNs and Regionalization. With the advent of the modern web browser and new higher-speed connection technologies, such as DSL, the internet continued to grow exponentially. With this growth came demand for high-fidelity websites, streaming movies, and instant page loads which brought about a second tier of internet infrastructure deployed in the form of regional data centers and Content Delivery Networks (CDNs), both of which brought internet infrastructure closer to the users.
  • Act III: Edge Computing, today.  Where we stand today is at the edge. Today’s Internet struggles to support the newest use cases, particularly those that require real-time and low-latency interactions, not to mention handling connections with billions of devices generating petabytes of data. Only a radical restructuring of the Internet at the edge will solve for these emerging challenges, which will require thousands of companies to invest billions of dollars in new infrastructure.
  • Arpit Joshipura, General Manager of Networking, Edge, and IoT.

    “The Linux Foundation supports the open availability of resources like the 2020 State of the Edge report. It’s a great way to keep up with the fast-pace of edge computing,” said Mr. Joshipura. “We’re excited to see organizations of diverse interests coming together to produce a resource that is made available free of charge and elevates the entire community. We look forward to ongoing work with  State of the Edge to collaboratively document and amplify innovations across the entire edge landscape.”

    Creative Commons (CC BY-ND) license and makes them freely available at StateoftheEdge.com. State of the Edge has also become a regular contributor to the open source community, transferring ownership of both the Edge Computing Landscape and an Open Glossary of Edge Computing to The Linux Foundation for long-term stewardship.” data-reactid=”40″>In the spirit of open source, State of the Edge publishes its reports under a Creative Commons (CC BY-ND) license and makes them freely available at StateoftheEdge.com. State of the Edge has also become a regular contributor to the open source community, transferring ownership of both the Edge Computing Landscape and an Open Glossary of Edge Computing to The Linux Foundation for long-term stewardship.

    http://stateoftheedge.com) is a member-supported educational organization that produces free research on edge computing. With membership levels that support companies of all sizes, including seed stage startups and solopreneurs, the State of the Edge welcomes additional participants, contributors and supporters. To express an interest in becoming a member, contributing to upcoming reports, or submitting a guest post to the State of the Edge Blog, email info@stateoftheedge.com. To keep up with the latest edge news, follow State of the Edge on Twitter at @StateoftheEdge.” data-reactid=”42″>About State of the Edge
    The State of Edge (http://stateoftheedge.com) is a member-supported educational organization that produces free research on edge computing. With membership levels that support companies of all sizes, including seed stage startups and solopreneurs, the State of the Edge welcomes additional participants, contributors and supporters. To express an interest in becoming a member, contributing to upcoming reports, or submitting a guest post to the State of the Edge Blog, email info@stateoftheedge.com. To keep up with the latest edge news, follow State of the Edge on Twitter at @StateoftheEdge.

    Jess@publicity.im 
    (415) 889-7444″ data-reactid=”43″>Media contact:
    Jessica Gomez-Rees
    State of the Edge
    Publicity Inc.
    Jess@publicity.im 
    (415) 889-7444

     

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    SOURCE State of the Edge

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