Edge Computing Market Is Projected To Grow At A CAGR Of Over 46% To Surpass USD 6 Billion By 2022 | TechSci Research

Global edgecomputing market was valued at over $ 623 million in 2016 and is projected to grow at a CAGR of over 46% to surpass $ 6 billion by 2022. Growing IoT market including IIoT, smart grids, smart cities, smart consumer wearables, smart appliances and smartphones, coupled with booming augmented reality and virtual reality market are expected to drive global edge computing market during the forecast period.

Years considered for this report:

  • Historical Years: 2015
  • Base Year: 2016
  • Estimated Year: 2017
  • Forecast Period: 2018–2022

Objective of the Study:

  • To analyze and forecast global edge computing market size.
  • To scrutinize the detailed market segmentation and forecast the market size, in terms of value, on the basis of end-user segmentation namely, Manufacturing, Power, Government & Military, Healthcare, Transportation and Others.
  • To identify the drivers and challenges for global edge computing market.
  • To analyze and forecast the market size, in terms of value, for global edge computing market with respect to Deployment, Application, Component, End-user, Region and Company.
  • To strategically profile leading players in the market which are driving the innovation and technological advancements in global edge computing market.  

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Some of the major players operating in the global edge computing market include Cisco Systems Inc., Microsoft Corporation, International Business Machines Corporation, Instant Data Centers, Fujitsu Limited, Amazon Web Services, Nokia Corporation, AT&T Inc., Huawei Technologies Co. Ltd., and FogHorn Systems Inc., among others

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of country wide edge computing solution and component providers. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. TechSci Research further analyzed the product offerings or variants and regional presence of major edge computing providers.

TechSci Research calculated the market size for global edge computing market using a bottom-up approach, where data for different components for standard application was recorded and forecast for the future years. TechSci Research sourced these values from industry experts and company representatives and these were externally validated through analyzing historical data of edge computing market to arrive at the overall market size. Various secondary sources such as secondary company websites, annual reports, World Bank website, government websites, press releases, white papers, investor presentations and financial reports were also studied by TechSci Research.

 

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Key Target Audience:

  • Edge computing solution providers
  • IoT industry players
  • AR & VR companies
  • Video surveillance companies
  • Associations, organizations, forums and alliances associated with edge computing & start-ups
  • Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for industry stakeholders such as edge computing providers, companies, customers and policy makers, about the targeted market segments in coming years in order to strategize investments and capitalize on the growth opportunities.

Report Scope:

In this report, the global edge computing market has been segmented into the following categories in addition to the industry trends which have also been detailed below:

  • Market by Deployment:
    • On-Premise
    • Cloud
  •  Market by Application:
    • IoT
    • Video Surveillance
    • AR & VR
    • Data Caching
    • Others
  • Market by Component:
    • Hardware
    • Software
  • Market by End-User:
    • Manufacturing
    • Power
    • Government & Military
    • Healthcare
    • Transportation
    • Others
  • Market by Region:
    • North America
    • Europe
    • APAC
    • MEA
    • South America
  • Market by Company:
    • Cisco Systems, Inc.,
    • Microsoft Corporation
    • International Business Machines Corporation
    • Instant Data Centers
    • Others

Competitive Landscape

Company Profiles: Detailed analysis of the major companies providing edge computing.

About TechSci Research

TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.

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