LONDON–(BUSINESS WIRE)–The edge computing market is expected to grow by USD 9.14 billion, progressing at a CAGR of over 32% during the forecast period. Download Free Sample Report
The demand for decentralized computing is one of the major factors propelling market growth. However, factors such as competition from low-cost centralized and general-purpose computing infrastructure will hamper the market growth.
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Edge Computing Market: End-user Landscape
The industrial applications of edge computing are mainly focused on the automation of industrial manufacturing and process environments, which make substantial use of industrial IoT devices, automation hardware, and connected sensors and actuators. The increasing investments in event-driven computing architecture and real-time automated processes and strategic alliances between vendors and end-users are driving the edge computing market share growth. The edge computing market growth share by the industrial manufacturing segment will be slower than the growth of the market by the telecom, mobility, retail, healthcare, and finance segments.
Edge Computing Market: Geographic Landscape
North America was the largest edge computing market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. The growing emphasis on improving efficiency in IT infrastructure within commercial and industrial environments and the increasing adoption of big data analytics and IoT by end-users will significantly drive the edge computing market growth in this region over the forecast period. Almost 44% of the market’s growth will originate from North America during the forecast period. The US is the key market for edge computing in North America. Market growth in this region will be slower than the growth of the market in APAC.
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Companies Covered:
- Cisco Systems Inc.
- Dell Technologies Inc.
- Hewlett Packard Enterprise Co.
- Huawei Investment & Holding Co. Ltd.
- Intel Corp.
- International Business Machines Corp.
- Microsoft Corp.
- Nokia Corp.
- NVIDIA Corp.
- Schneider Electric SE
What our reports offer:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers market data for 2019, 2020, until 2024
- Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Key Topics Covered:
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 – 2024
Five Forces Analysis
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by End-user
- Market segments
- Comparison by End user placement
- Industrial manufacturing – Market size and forecast 2019-2024
- Telecom – Market size and forecast 2019-2024
- Mobility – Market size and forecast 2019-2024
- Government – Market size and forecast 2019-2024
- Retail – Market size and forecast 2019-2024
- Healthcare – Market size and forecast 2019-2024
- Finance – Market size and forecast 2019-2024
- Other end-users – Market size and forecast 2019-2024
- Market opportunity by End user
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- North America – Market size and forecast 2019-2024
- Europe – Market size and forecast 2019-2024
- APAC – Market size and forecast 2019-2024
- South America – Market size and forecast 2019-2024
- MEA – Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
Drivers, Challenges, and Trends
- Market drivers
- Volume driver – Demand led growth
- Volume driver – Supply led growth
- Volume driver – External factors
- Volume driver – Demand shift in adjacent markets
- Price driver – Inflation
- Price driver – Shift from lower to higher-priced units
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Landscape disruption
- Vendor Analysis
Vendors covered
- Market positioning of vendors
- Cisco Systems, Inc.
- Dell Technologies Inc.
- Hewlett Packard Enterprise Co.
- Huawei Investment & Holding Co. Ltd.
- Intel Corp.
- International Business Machines Corp.
- Microsoft Corp.
- Nokia Corp.
- NVIDIA Corp.
- Schneider Electric SE
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
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