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Top 5 Trends that will Shift Edge Computing Industry – Analytics Insight

by October 30, 2022

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According to Precedence Research, the global edge computing market size is expected to hit around USD 116.5 billion by 2030 and expanding growth at a CAGR of 12.46% over the forecast period 2022 to 2030. Here are top 5 trends to check out.

IoT:

The Internet of Things (IoT) is unquestionably the grouping of edge computing devices that is expanding the quickest. By 2025, it is expected that the number of smart devices in use will quadruple. Expect this expansion to significantly increase edge computing’s capabilities. In reality, increased IoT use might assist edge computing more by lowering latency, for example.

Customer Experience:

Customer experience is one of the more novel areas where edge computing is being used to benefit organizations. Businesses may offer the best customer experience by utilizing edge computing’s lower latency.

Security:

As we move into 2022, cybersecurity is becoming more and more of a problem, from cloud computing to artificial intelligence. IoT and 5G are only two examples of the many emerging technologies that each have their cybersecurity flaws. Edge computing is being used to counteract these possible dangers.

Attackers have a single target to aim for thanks to traditional, centralized networking and data storage. In a sense, edge computing diversifies and strengthens the security of this network.

Edge Computing in Healthcare:

It only makes sense that the healthcare sector is leading in edge computing technologies since it has been at the forefront of IoT adoption.

Large hospitals are learning that keeping data on medical sensors, electronic health records, and digital imaging equipment on-site rather than sending it to the cloud is better for operations.

Workplace Safety:

The use of edge computing in the oil and energy sectors is one of the most practical and significant advantages.

These anomalies and problems may be tracked and fixed more quickly than ever before thanks to edge computing. This is a highly crucial benefit that could save thousands of lives, similar to edge computing in healthcare.

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