#Edge Computing Market

[techviewindustry]

Edge Computing Market 2025 Size, Share, Growth Trends Forecast to 2032

The recently released Fortune Business Insights research on the Global Edge Computing Market survey report provides facts and statistics regarding market structure and size. Global Edge Computing Market Size 2025 Research report presents an in-depth analysis of the Global Market size, growth, share, segments, manufacturers, and forecast, competition landscape and growth opportunity. The research’s goal is to provide market data and strategic insights to help decision-makers make educated investment decisions while also identifying potential gaps and development possibilities.

Companies Profiled in the Global Edge Computing Market:

IBM Corporation (U.S.)

Intel Corporation (U.S.)

com, Inc. (U.S.)

Google LLC (U.S.)

Microsoft Corporation (U.S.)

ADLINK Technology Inc. (Taiwan)

Hewlett Packard Enterprise Development LP (U.S.)

Cisco Systems, Inc. (U.S.)

Huawei Technologies Co., Ltd. (U.S.)

EdgeConneX Inc. (U.S.)

Growing Deployment of 5G Network to Drive Usage of Edge Computing Solutions

Edge-powered SaaS solutions are gaining popularity on 5G networks. Many companies are integrating their services with cloud systems. However, with the growing reliance on IoT and AI devices, the overall traffic for data processing has increased considerably. 5G networks are being rolled out across the world and investments by global companies are also rising. More than 380 telecom operators are investing heavily in 5G solutions to help them improve their speed and agility. Edge computing is also using 5G/6G infrastructure to reduce complexity, save costs, and fortify cybersecurity defenses. Such developments will bolster the market growth.

Since the installation cost of edge nodes, devices, and data centers is quite high, firms can find it hard to build a complete and reliable edge solution, further constricting the market growth.

Geographically, the report covers North America, South America, Europe, the Middle East & Africa, and Asia Pacific.

What exactly is included in the Report?

– Industry Trends and Developments: In this section, the authors of the research discuss the significant trends and developments that are occurring in the Edge Computing Market place, as well as their expected impact on the overall growth.

– Analysis of the industry’s size and forecast: The industry analysts have provided information on the size of the industry from both a value and volume standpoint, including historical, present and projected figures.

– Future Prospects: In this portion of the study market participants are presented with information about the prospects that the Edge Computing Market is likely to supply them with.

– The Competitive Landscape: This section of the study sheds light on the competitive landscape of the Edge Computing Market by examining the important strategies implemented by vendors to strengthen their position in the global market.

– Study on Industry Segmentation: This section of the study contains a detailed overview of the important Edge Computing Market segments, which include product type, application, and vertical, among others.

– In-Depth Regional Analysis: Vendors are provided with in-depth information about high-growth regions and their particular countries, allowing them to place their money in more profitable areas.

This Report Answers the Following Questions:

What are the Edge Computing Market growth drivers, hindrances, and dynamics?

Which companies would lead the market by generating the largest revenue?

How will the companies surge the processes adoption amid the COVID-19 pandemic?

Which region and segment would dominate the Edge Computing Market in the coming years?

Edge Computing Market Segments:

By Component

Hardware

Application/Software

Edge Cloud Infrastructure

Services

Network

By Enterprise Type

Small & Medium Enterprises

Large Enterprises

By Application

IoT Applications

Robotics & Automation

Predictive Maintenance

Remote Monitoring

Smart Cities

Others (Video Analytics, Smart Homes)

By Industry

Manufacturing

Oil & Gas

BFSI

Healthcare

Retail

IT & Telecom

Automotive

Others (Gaming, Entertainment)

Table Of Content:

1. Introduction 1.1. Research Scope 1.2. Market Segmentation 1.3. Research Methodology 1.4. Definitions and Assumptions

2. Executive Summary

3. Market Dynamics 3.1. Market Drivers 3.2. Market Restraints 3.3. Market Opportunities

4. Key Insights 4.1 Global Statistics — Key Countries 4.2 New Product Launches 4.3 Pipeline Analysis 4.4 Regulatory Scenario — Key Countries 4.5 Recent Industry Developments — Partnerships, Mergers & Acquisitions

5. Global Edge Computing Market Analysis, Insights and Forecast 5.1. Key Findings/ Summary 5.2. Market Analysis — By Product Type 5.3. Market Analysis — By Distribution Channel 5.4. Market Analysis — By Countries/Sub-regions

……………

11. Competitive Analysis 11.1. Key Industry Developments 11.2. Global Market Share Analysis 11.3. Competition Dashboard 11.4. Comparative Analysis — Major Players

12. Company Profiles

12.1 Overview 12.2 Products & Services 12.3 SWOT Analysis 12.4 Recent developments 12.5 Major Investments 12.6 Regional Market Size and Demand

13. Strategic Recommendations

TOC Continued……………….

[adayiniilm]

Edge Computing is a decentralized computing approach in which data is handled in proximity to its originating point (such as on devices, sensors, or local servers) instead of being transmitted to a centralized cloud server. This decreases latency, reduces bandwidth consumption, and enhances real-time decision-making.

Main advantages:

Quick Processing: Local data processing allows for rapid responses, making it perfect for autonomous vehicles, smart manufacturing, and real-time analytics applications.

Decreased Latency: Reduces delays in sending data to and from remote servers, crucial for applications with time constraints.

Bandwidth Efficiency: Decreases data sent to central servers, reducing network congestion and conserving bandwidth.

Enhanced Dependability: With local processing, systems can operate uninterrupted even if the connection to the cloud is lost.

Edge computing is essential for IoT, 5G, and other applications that require real-time processing.

www.iilm.edu

[thenicheresearchde]

Exploring the Impact of Edge Computing on the Metaverse Market

As the digital landscape continues to evolve, two emerging technologies are gaining significant traction: Edge computing and the Metaverse. These advancements are not only reshaping the way we interact with technology but also transforming entire industries. To understand the full scope of these developments, Market research data becomes essential. This is where companies like The Niche Research play a pivotal role, offering insights into the rapidly growing Edge computing market and its implications for the Metaverse market.

Edge Computing and Its Growing Influence

Edge computing is revolutionizing the way data is processed and analyzed. Unlike traditional cloud computing, where data is sent to a central server for processing, Edge computing brings the processing power closer to the source of data. This reduces latency, enhances real-time decision-making, and improves overall efficiency. As more devices become connected through the Internet of Things (IoT), the demand for Edge computing solutions is expected to surge.

According to recent Market research data, the Edge computing market is projected to witness substantial growth in the coming years. This growth is driven by the need for faster data processing, especially in applications that require low latency, such as autonomous vehicles, smart cities, and industrial automation. The Niche Research highlights that industries across the board are recognizing the value of Edge computing, leading to increased investments and innovations in this space.

The Metaverse: A New Frontier for Edge Computing

The Metaverse market is another area where Edge computing is set to play a crucial role. The Metaverse refers to a collective virtual shared space, created by the convergence of virtually enhanced physical reality and physically persistent virtual reality. It is a digital universe where users can interact, socialize, and conduct business in a virtual environment.

To ensure a seamless and immersive experience within the Metaverse, low latency and high computational power are essential. This is where Edge computing comes into play. By processing data closer to the user, Edge computing minimizes delays and enhances the real-time interaction capabilities of the Metaverse. As a result, the growth of the Metaverse market is closely tied to advancements in the Edge computing market.

The Role of Market Research in Navigating These Markets

Understanding the dynamics of the Edge computing market and the Metaverse market requires comprehensive and accurate Market research data. The Niche Research provides valuable insights into these emerging markets, helping businesses and investors make informed decisions. By analyzing trends, consumer behavior, and technological advancements, The Niche Research equips its clients with the knowledge they need to navigate these complex markets successfully.

In conclusion, the intersection of Edge computing and the Metaverse represents a new era of technological innovation. As these markets continue to grow, the importance of reliable Market research data cannot be overstated. Companies like The Niche Research are at the forefront, providing the insights needed to capitalize on the opportunities within the Edge computing market and the Metaverse market.

[adityarana1687-blog]

Edge Computing Market Likely To Reach Beyond $155.90 Billion By 2030

The global edge computing market size is expected to reach USD 155.90 billion by 2030, and is expected to expand at 37.9% CAGR from 2023 to 2030, according to a new report by Grand View Research, Inc. Artificial Intelligence (AI) integration into the edge environment is projected to drive market growth. An edge AI system is estimated to help businesses make decisions in real time in milliseconds. The need to minimize privacy concerns associated while transmitting large amounts of data, as well as latency and bandwidth issues that limit an organization's data transmission capabilities, are factors projected to fuel market growth in the coming years.

Machinery control and precision monitoring are a few use cases that are well-suited for AI on the edge. The latency requirement for a fast-running production line must be maintained to a bare minimum, which can be accomplished by using edge computing. Bringing data processing closer to the manufacturing facility can prove to be extremely important, which can be accomplished using AI. Artificial intelligence-based edge devices can be utilized in a wide range of end-point devices, including sensors, cameras, smartphones, and other IoT devices.

Moreover, the telecom edge is estimated to grow exponentially over the projected period. The telecom edge executes computing adjacent to the telco's mini-data centers, which are operated on the telco-owned property. Several telecom operators, including Telstra and Telefonica, are developing prototypes and pilot projects of open-access networks integrated with edge computing. Edge will be at the forefront of the telecom industry once 5G technology is fully deployed. The telecom industry is in a great position to enhance edge computing, but telecom businesses risk being abridged by irrelevant edge suppliers if they do not move up the value chain.

Presently, Edge computing use cases have outpaced initial infrastructure deployments, and are projected to provide momentum to edge computing infrastructure and use case investments. Edge computing is predicted to become more ubiquitous and evolve toward platform-centric solutions over the projection period. With this development, edge platforms can reduce the infrastructure intricacy using orchestration software and sophisticated management, and provide user-friendly environments for programmers to implement innovative edge services and applications.

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Edge Computing Market Report Highlights 

Over the projected period, the edge server segment is expected to be the booming hardware segment. The increased demand for edge servers throughout several industrial verticals accounts for the segment's promising growth prospects

In terms of application, the AR/VR segment is projected to progress at a substantial CAGR because of the developing cellular network, which offers potential development for edge computing. For instance, to provide a high-quality VR experience to users, Ericsson has improved its radio infrastructure and 5G core

In terms of industry vertical, the data center segment is projected to experience the highest CAGR over the estimated period. This can be ascribed to the fact that edge data centers overcome inconsistent connections and compute and store data close to the end-user

The Asia Pacific region is anticipated to expand at the highest CAGR over the estimated period due to the advent of 5G in the region and the increasing number of IoT-incorporated devices. The evolution of telco edge infrastructure to support 5G-enabled applications is expected to be accelerated by the launch of 5G networks

Edge Computing Market Segmentation

Grand View Research has segmented the global edge computing market based on component, application, industry vertical, and region:

Edge Computing Component Outlook (Revenue, USD Million, 2018 - 2030)

Hardware

Hardware By Type

Edge Nodes/Gateways (Servers)

Sensors/Routers

Others

Hardware By End-Point Devices

Cameras

Drones

HMD

Robots

Others

Software

Services

Edge-managed Platforms

Edge Computing Application Outlook (Revenue, USD Million, 2018 - 2030)

IIoT

Remote Monitoring

Content Delivery

Video Analytics

AR/VR

Others

Edge Computing Industry Vertical Outlook (Revenue, USD Million, 2018 - 2030)

Industrial

Energy & Utilities

Healthcare

Agriculture

Transportation & Logistics

Retail

Datacenters

Wearables

Smart Cities, Smart Homes, Smart Buildings

Edge Computing Regional Outlook (Revenue, USD Million, 2018 - 2030)

North America

U.S.

Canada

Europe

Germany

U.K.

Asia Pacific

China

India

Japan

Latin America

Brazil

Mexico

Middle East & Africa

List of Key Players in the Edge Computing Market

ABB

Amazon Web Services (AWS), Inc.

Aricent, Inc.

Atos

Cisco Systems, Inc.

General Electric Company

Hewlett Packard Enterprise Development

Honeywell International Inc.

Huawei Technologies Co., Ltd.

IBM Corporation

Intel Corporation

Microsoft Corporation

Rockwell Automation, Inc

SAP SE

Siemens AG.

[ustechbog]

The edge computing market size is expected to be valued at $13.9 billion in 2023 and is expected to grow at a CAGR of 16.6% over the forecast period The increasing adoption of the internet of things (IoT) and 5G technology is expected to bode well for market growth over the forecast period. Furthermore, investments by telecom companies for the modernization of networks are anticipated to drive market growth over the next few years.

[chemicalmarketwatch-sp]

Data Center Liquid Cooling Market Size, Forecast & Growth Opportunities

In 2025 and beyond, the data center liquid cooling market size is poised for significant growth, reshaping the cooling landscape of hyperscale and enterprise data centers. As data volumes surge due to cloud computing, AI workloads, and edge deployments, traditional air-cooling systems are struggling to keep up. Enter liquid cooling—a next-gen solution gaining traction among CTOs, infrastructure heads, and facility engineers globally.

Market Size Overview: A Surge in Demand

The global data center liquid cooling market size was valued at USD 21.14 billion in 2030, and it is projected to grow at a CAGR of over 33.2% between 2025 and 2030. By 2030, fueled by escalating energy costs, density of server racks, and the drive for energy-efficient and sustainable operations.

This growth is also spurred by tech giants like Google, Microsoft, and Meta aggressively investing in high-density AI data centers, where air cooling simply cannot meet the thermal requirements.

What’s Driving the Market Growth?

AI & HPC Workloads The rise of artificial intelligence (AI), deep learning, and high-performance computing (HPC) applications demand massive processing power, generating heat loads that exceed air cooling thresholds.

Edge Computing Expansion With 5G and IoT adoption, edge data centers are becoming mainstream. These compact centers often lack space for elaborate air-cooling systems, making liquid cooling ideal.

Sustainability Mandates Governments and corporations are pushing toward net-zero carbon goals. Liquid cooling can reduce power usage effectiveness (PUE) and water usage, aligning with green data center goals.

Space and Energy Efficiency Liquid cooling systems allow for greater rack density, reducing the physical footprint and optimizing cooling efficiency, which directly translates to lower operational costs.

Key Technology Trends Reshaping the Market

Direct-to-Chip (D2C) Cooling: Coolant circulates directly to the heat source, offering precise thermal management.

Immersion Cooling: Servers are submerged in thermally conductive dielectric fluid, offering superior heat dissipation.

Rear Door Heat Exchangers: These allow retrofitting of existing setups with minimal disruption.

Modular Cooling Systems: Plug-and-play liquid cooling solutions that reduce deployment complexity in edge and micro-data centers.

Regional Insights: Where the Growth Is Concentrated

North America leads the market, driven by early technology adoption and hyperscale investments.

Asia-Pacific is witnessing exponential growth, especially in India, China, and Singapore, where government-backed digitalization and smart city projects are expanding rapidly.

Europe is catching up fast, with sustainability regulations pushing enterprises to adopt liquid cooling for energy-efficient operations.

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Key Players in the Liquid Cooling Space

Some of the major players influencing the data center liquid cooling market size include:

Vertiv Holdings

Schneider Electric

LiquidStack

Submer

Iceotope Technologies

Asetek

Midas Green Technologies

These innovators are offering scalable and energy-optimized solutions tailored for the evolving data center architecture.

Forecast Outlook: What CTOs Need to Know

CTOs must now factor in thermal design power (TDP) thresholds, AI-driven workloads, and sustainability mandates in their IT roadmap. Liquid cooling is no longer experimental—it is a strategic infrastructure choice.

By 2027, more than 40% of new data center builds are expected to integrate liquid cooling systems, according to recent industry forecasts. This shift will dramatically influence procurement strategies, energy models, and facility designs.

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Conclusion: 

The data center liquid cooling market size is set to witness a paradigm shift in the coming years. With its ability to handle intense compute loads, reduce energy consumption, and offer environmental benefits, liquid cooling is becoming a must-have for forward-thinking organizations. It is time to evaluate and invest in liquid cooling infrastructure now—not just to stay competitive, but to future-proof their data center operations for the AI era.

[cybersecurityict]

Multi-Access Edge Computing Market Size, Share, Analysis, Forecast, and Growth Trends to 2032 – Startups Disrupt Traditional Cloud Models

Multi-Access Edge Computing Market was valued at USD 3.40 billion in 2023 and is expected to reach USD 121.86 billion by 2032, growing at a CAGR of 48.95% from 2024-2032. 

The U.S. Multi-Access Edge Computing (MEC) Market is on the cusp of an unprecedented growth trajectory, projected to skyrocket from a valuation of USD 1.05 billion in 2023 to a staggering USD 37.29 billion by 2032. This represents an extraordinary Compound Annual Growth Rate (CAGR) of 48.72% from 2024 to 2032, underscoring MEC's pivotal role in the nation's digital infrastructure. The rapid expansion is fundamentally driven by the escalating demand for ultra-low latency, high-bandwidth applications, and the pervasive rollout of 5G networks, transforming how data is processed and utilized across diverse industries.

U.S. Multi-Access Edge Computing Market Poised for Substantial Growth, Driven by Digitalization of Design and Outdoor Living Trends

The explosive growth of the U.S. Multi-Access Edge Computing Market signifies a critical shift in how data is managed and leveraged across enterprises. By bringing computation and data storage closer to the source of data generation, MEC is revolutionizing industries that rely on real-time decision-making, such as autonomous vehicles, smart cities, and industrial IoT. This technological evolution is not merely about enhancing network performance; it's about unlocking new frontiers of innovation, enabling immersive experiences, and fostering a new era of highly responsive and intelligent applications that are essential for competitive advantage in the digital age.

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Market Keyplayers:

ADLINK Technology Inc.

Advantech Co., Ltd.

FogHorn Systems Inc.

Hewlett Packard Enterprise Development LP

Huawei Technologies Co., Ltd.

Juniper Networks, Inc.

Saguna Network Ltd.

SMART Embedded Computing

Vapor IO

ZephyrTel

Dell Technologies Inc.

Intel Corporation

Cisco Systems, Inc.

Ericsson AB

Nokia Corporation

IBM Corporation

Market Analysis

The proliferation of connected devices and the exponential increase in data generated at the edge of networks are creating an urgent need for localized processing capabilities to minimize latency and improve application performance.

The widespread deployment of 5G networks across the U.S. is a major catalyst, as MEC complements 5G's high bandwidth and low-latency features, enabling a new generation of real-time, mission-critical applications.

Growing enterprise demand for enhanced operational efficiency, improved user experiences, and robust security at the edge is propelling significant investments in MEC infrastructure and solutions.

Market Trends

Integration with AI and IoT: The convergence of MEC with Artificial Intelligence (AI) and the Internet of Things (IoT) is a dominant trend, enabling intelligent data processing, predictive analytics, and automated decision-making directly at the edge, fostering smart and responsive environments.

Expansion of Industry-Specific Edge Solutions: There is a strong focus on developing tailored MEC solutions for specific verticals, including smart manufacturing, healthcare, retail, and transportation, addressing their unique operational requirements and driving specialized use cases.

Market Scope

The U.S. Multi-Access Edge Computing Market encompasses a comprehensive ecosystem of hardware, software, and services designed to deliver computing capabilities closer to the end-users and data sources. This includes:

Edge Servers and Devices: Distributed computing hardware at the network edge, such as micro-data centers, gateways, and specialized IoT devices.

MEC Platforms and Software: Software solutions for managing, orchestrating, and deploying applications at the edge, including edge application development platforms, management tools, and security software.

Professional Services: Consulting, integration, and support services for MEC implementation, crucial for complex deployments across various industries.

Key Applications: Real-time video analytics, augmented and virtual reality (AR/VR), industrial automation, smart city applications, connected vehicles, and remote patient monitoring.

Forecast Outlook

The future of the U.S. Multi-Access Edge Computing market gleams with immense potential, promising a transformative impact on virtually every sector. As the digital landscape becomes increasingly reliant on instantaneous data processing and hyper-localized services, MEC will serve as the foundational technology enabling next-generation applications and experiences. The relentless pace of 5G expansion, coupled with continuous advancements in AI and IoT, will drive unprecedented innovation, fostering a new era of intelligent, connected environments that empower businesses to operate with unparalleled efficiency, agility, and insight.

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Conclusion

The U.S. Multi-Access Edge Computing Market's projected growth to USD 37.29 billion by 2032 signifies a profound technological shift and a critical investment for businesses aiming to thrive in the digital economy. The imperative for ultra-low latency, high-bandwidth applications, and robust real-time data processing, particularly spurred by the pervasive rollout of 5G, firmly positions MEC as an indispensable technology. For organizations seeking to unlock new efficiencies, deliver superior customer experiences, and establish a competitive edge in an increasingly connected world, embracing and strategically deploying MEC solutions is not merely an advantage, but a necessity for sustained growth and innovation.

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[walkingghotst]

North America Edge Computing Market Size, Share, Growth Factors, Competitive Landscape, with Regional Forecast (2022-2028)

The North America edge computing market is expected to grow from US$ 16,212.71 million in 2022 to US$ 52,976.45 million by 2028. It is estimated to grow at a CAGR of 21.8% from 2022 to 2028.

North America Edge Computing Market Introduction

Imagine a digital landscape where data processing occurs with minimal delay, bypassing the traditional route to distant cloud infrastructure. This is the essence of edge computing, a highly distributed network paradigm that strategically places computational power and data storage closer to the devices and applications that generate and consume data. By minimizing the distance data needs to travel, edge computing significantly reduces latency, enabling truly real-time responsiveness.

In today's interconnected world, the swift processing and transmission of data have become a fundamental requirement for business success. Numerous applications rely on minimal latency to enhance user experiences and improve customer satisfaction through faster and more seamless operation. Consider the smooth interactions in online meetings or the mission-critical computations in cloud-based systems where even fractions of a second can have significant consequences. Across diverse sectors such as healthcare, air traffic control, and critical defense scenarios, even incremental reductions in latency can accumulate into substantial improvements in overall network performance.

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North America Edge Computing Strategic Insights

To truly gain a competitive advantage in the North America Edge Computing market, a basic understanding is simply not enough. What's needed are insightful, data-driven strategic analyses that illuminate the complex dynamics of the industry, encompassing current trends, the influence of key players, and the unique characteristics of various regional sub-markets within North America.

These insights move beyond simple observation, offering concrete, actionable recommendations that empower organizations to differentiate themselves in a competitive marketplace. By identifying often-overlooked market segments or developing compelling and differentiated value propositions, businesses can establish a unique market identity. Leveraging the power of data analytics, these insights act as a compass, guiding industry participants – whether they are investors, manufacturers, or other stakeholders – in anticipating the subtle yet significant shifts within the market.

North America Edge Computing Market Segmentation

North America Edge Computing Market: By Component

Hardware

Software

Services

North America Edge Computing Market: By Application

Smart Cities

Industrial Internet of Things

Remote Monitoring

Content Delivery

Augmented Reality and Virtual Reality

North America Edge Computing Market: By Enterprise Size

SMEs and Large Enterprises

North America Edge Computing Market: By Verticals

Manufacturing

Energy and Utilities

Government

IT and Telecom

Retail and Consumer Goods

Transportation and Logistics

Healthcare

North America Edge Computing Market: Regions and Countries Covered

North America

US

Canada

Mexico

North America Edge Computing Market: Market leaders and key company profiles       

ADLINK Technology Inc

Amazon Web Services

Dell Technologies

EdgeConnex Inc.

FogHorn Systems

Hewlett Packard Enterprise Development LP (HPE)

IBM Corporation

Litmus Automation, Inc

Microsoft Corporation

Vapor IO, Inc.

About Us:

Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications

[differenttimemachinecrusade]

Smart Enterprise Market Global Landscape: Opportunities and Market Share Analysis 2032

The Smart Enterprise Market was valued at USD 0.32 billion in 2023 and is expected to reach USD 0.99 billion by 2032, growing at a CAGR of 13.44% from 2024-2032

Smart Enterprise Market is experiencing rapid expansion, driven by digital transformation, automation, and artificial intelligence. Businesses across industries are adopting smart technologies to enhance efficiency, agility, and customer experiences. With increasing reliance on data-driven decision-making, enterprises are investing in cloud computing, IoT, and AI-powered solutions.

Smart Enterprise Market continues to evolve as organizations integrate advanced technologies into their operations. From automation to predictive analytics, businesses are leveraging smart enterprise solutions to optimize processes and improve productivity. As digital ecosystems grow, companies are focusing on seamless connectivity, cybersecurity, and AI-driven insights to stay competitive in a fast-changing landscape.

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Market Keyplayers:

Microsoft (Azure IoT, Power BI)

Cisco Systems (Cisco IoT, Industrial Network Switches)

Oracle (Oracle IoT Cloud, Oracle Autonomous Database)

SAP (SAP Leonardo, SAP S/4HANA)

Honeywell Process Solutions (Experion, Honeywell UOP)

Hitachi Vantara (Lumada, Hitachi Visualization Suite)

Mitsubishi Electric (MELSEC iQ-R, EcoMonitor)

Dell Technologies (IoT Solutions, VxRail)

Toshiba (Toshiba Smart City Solutions, Toshiba IoT Solutions)

Intel (Intel IoT Platform, Intel Xeon Scalable Processors)

ABB Ltd. (ABB Ability, Smart Grids)

Siemens (MindSphere, Industrial Automation)

General Electric (Predix, Digital Wind Farm)

Rockwell Automation Inc. (FactoryTalk, Allen-Bradley)

Schneider Electric (EcoStruxure, APC by Schneider Electric)

Honeywell International Inc. (Honeywell Forge, Building Management Systems)

Emerson Electric Co. (Plantweb, Ovation)

Fanuc UK Limited (Robodrill, Robocut)

Fujitsu Global (Fujitsu Digital Annealer, SPARC Servers)

IBM (IBM Watson IoT, IBM Maximo)

Market Trends Driving Growth

AI and Automation Adoption – Businesses are integrating AI-powered automation to streamline workflows, enhance decision-making, and reduce operational costs.

Cloud and IoT Integration – Cloud computing and IoT are enabling seamless data exchange, real-time monitoring, and remote business operations.

Cybersecurity and Data Protection – Enterprises are prioritizing cybersecurity investments to safeguard sensitive data and prevent cyber threats.

Personalized Customer Experiences – AI-driven analytics and automation are helping businesses tailor customer interactions, improving engagement and satisfaction.

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Market Segmentation:

By Component

Hardware

Software

Services 

By Technology

MES

PLC

ERP

SCADA

HMI

Others

By Organization Size

Small and Medium Size Enterprise

Large Enterprise

By Application

Automotive

Chemicals & Materials

Healthcare

Food & Beverage

Consumer Goods

Aerospace & Defense

Market Analysis and Current Landscape

Key factors contributing to market expansion include:

Growing Demand for AI and Big Data – Enterprises are leveraging AI and big data analytics for strategic decision-making and predictive insights.

Hybrid and Remote Work Growth – Organizations are adopting smart workplace solutions to support remote teams and improve digital collaboration.

Rising Investments in Digital Transformation – Companies are accelerating digital adoption to enhance operational efficiency and stay ahead of competitors.

Increased Focus on Sustainability – Businesses are implementing smart energy management solutions to optimize resource usage and reduce carbon footprints.

Despite the strong growth trajectory, challenges such as integration complexities, high implementation costs, and data privacy concerns remain. However, continuous advancements in AI, automation, and cybersecurity are addressing these challenges, ensuring steady market expansion.

Future Prospects: What Lies Ahead?

AI-Driven Business Intelligence – AI and machine learning will play a crucial role in predictive analytics, enabling businesses to make data-driven decisions with greater accuracy.

Expansion of Smart Workspaces – Companies will invest in smart office technologies, including IoT-powered automation, virtual collaboration tools, and intelligent workflow systems.

5G and Edge Computing Growth – The adoption of 5G and edge computing will enhance connectivity, speed up data processing, and improve real-time decision-making.

Blockchain for Secure Transactions – Blockchain technology will be increasingly integrated into enterprise solutions to enhance security, transparency, and efficiency in business operations.

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Conclusion

The Smart Enterprise Market is on an upward trajectory, revolutionizing the way businesses operate through AI, automation, cloud computing, and IoT. As companies continue to invest in digital transformation, smart technologies will drive efficiency, security, and innovation across industries. Businesses that embrace these advancements will gain a competitive edge, positioning themselves for long-term success in an increasingly digital world.

About Us:

SNS Insider is one of the leading market research and consulting agencies that dominates the market research industry globally. Our company's aim is to give clients the knowledge they require in order to function in changing circumstances. In order to give you current, accurate market data, consumer insights, and opinions so that you can make decisions with confidence, we employ a variety of techniques, including surveys, video talks, and focus groups around the world.

Contact Us:

Jagney Dave - Vice President of Client Engagement

Phone: +1-315 636 4242 (US) | +44- 20 3290 5010 (UK)

[meditechinsight01]

Edge Computing in Healthcare Market Insights CAGR 26% Expansion and Key Forecast by 2030

The edge computing in healthcare market is projected to grow at a CAGR of ~26% over the forecast period. Major factors driving growth include increasing adoption of IoT (Internet of Things) medical devices, growing demand for telemedicine and remote monitoring, need for real-time data processing in critical care and diagnostics applications, rising demand for automated decision-making solutions, and advancement in network technology (5G).

Edge computing in healthcare involves positioning computing power and data processing systems closer to the sources of medical data, enabling faster analysis critical for saving lives and improving patient outcomes. Unlike traditional cloud computing, which relies on centralized data centers, edge computing processes and stores data near its origin, such as Internet of Things (IoT) devices or smartphones. This approach significantly reduces latency and boosts overall system performance, making it ideal for applications requiring real-time data processing or decision-making in critical environments.

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Adoption of IoT medical devices fuels market growth

The integration of IoT medical devices with edge computing is revolutionizing the healthcare industry. Currently, there are approximately 10 billion IoT devices in use, including pacemakers, insulin pumps, and heart rate monitors. These devices generate vast amounts of data, which are processed and analyzed by software applications to support clinicians in delivering enhanced care. Edge computing technologies empower IoT wearable devices, equipped with advanced sensors, to continuously monitor various health metrics and detect anomalies in real-time. This capability improves response times for medical interventions and helps prevent severe health issues. Additionally, edge computing optimizes healthcare professionals' workloads by enabling them to prioritize critical cases that require immediate attention. As technology advances, the collaboration between IoT and edge computing is poised to drive even greater innovation, efficiency, and transformation in healthcare.

The growing application of edge computing in healthcare is expected to drive market growth

Edge computing is revolutionizing healthcare by enhancing both patient care and operational management. Some of its applications include:

Remote Patient Monitoring: The proliferation of wearable technology has revolutionized patient data collection. Devices such as glucose monitors, heart rate monitors, and wearable trackers process data locally and send only actionable insights to healthcare providers, enabling timely interventions that can prevent complications or emergencies.

Telehealth Platform: Edge computing enhances telehealth by reducing latency and improving the quality of video consultations. By processing data closer to the patient, edge computing ensures more reliable connections and faster response times, crucial for remote diagnostics and consultations.

Medical Imaging: AI-powered edge devices can analyze X-rays, MRIs, or CT scans locally, delivering faster results without requiring large uploads to the cloud. This capability is particularly beneficial in emergencies where swift diagnoses are critical.

AI-Assisted Diagnostics: Artificial Intelligence (AI) algorithms deployed at the edge can assist in diagnosing conditions from medical images. By processing data locally, edge computing reduces the latency associated with sending large image files to centralized servers for analysis. This ensures that AI-assisted diagnostics are performed rapidly, providing healthcare professionals with timely insights for quicker decision-making.

Operational Efficiency in Healthcare Facilities: Smart hospitals utilize IoT (Internet of Things) devices and edge computing to enable real-time monitoring and management of various hospital operations. Devices such as connected IV pumps and environmental sensors leverage edge computing to streamline workflows, improve patient safety, lower operational costs, and enhance overall efficiency.

Challenges/ Constraints

The market faces several challenges, such as ensuring data privacy and security, addressing the complexities of integrating with existing healthcare systems and devices and managing the upfront costs associated with hardware, software, and infrastructure upgrades. Additionally, edge solutions must comply with stringent regulations like HIPAA (in the US) to safeguard patient data. Moreover, these systems need to be highly reliable and require regular maintenance to ensure uninterrupted operation.

Competitive Landscape Analysis

The global edge computing in the healthcare market is marked by the presence of established and emerging market players such as ZPE Systems; Binariks; Amazon Web Services (AWS), Inc.; Aricent, Inc.; Atos; Cisco Systems, Inc.; General Electric Company; Hewlett Packard Enterprise Development; Honeywell International Inc.; Huawei Technologies Co., Ltd.; IBM Corporation; Intel Corporation; Akamai Technologies; Telco Systems; and Microsoft Corporation; among others. Some of the key strategies adopted by market players include new product development, strategic partnerships and collaborations, and investments.

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Global Edge Computing in Healthcare Market Segmentation

This report by Medi-Tech Insights provides the size of the global edge computing in healthcare market at the regional- and country-level from 2023 to 2030. The report further segments the market based on component, application, and end user.

Market Size & Forecast (2023-2030), By Component, USD Million

Hardware

Software

Services

Edge-Managed Platform

Market Size & Forecast (2023-2030), By Application, USD Million

Diagnostics

Telehealth & Patient Remote Monitoring

Critical Infrastructure Monitoring

Robotic Surgery

Other Applications

Market Size & Forecast (2023-2030), By End User, USD Million

Hospitals & Clinics

Ambulatory Care Centers

Long Term Care Centers & Home Care Settings

Other End Users

Market Size & Forecast (2023-2030), By Region, USD Million

North America

US

Canada

Europe

UK

Germany

Italy

Spain

Rest of Europe

Asia Pacific

China

India

Japan

Rest of Asia Pacific

Latin America

Middle East & Africa

About Medi-Tech Insights

Medi-Tech Insights is a healthcare-focused business research & insights firm. Our clients include Fortune 500 companies, blue-chip investors & hyper-growth start-ups. We have completed 100+ projects in Digital Health, Healthcare IT, Medical Technology, Medical Devices & Pharma Services in the areas of market assessments, due diligence, competitive intelligence, market sizing and forecasting, pricing analysis & go-to-market strategy. Our methodology includes rigorous secondary research combined with deep-dive interviews with industry-leading CXO, VPs, and key demand/supply side decision-makers.

Contact:

Ruta Halde  Associate, Medi-Tech Insights  +32 498 86 80 79  info@meditechinsights.com     

[riya2510]

The Industrial IoT Revolution: Market Forecast and Leading Players to Watch in 2023–2031

Industrial IoT Market Report: Growth, Trends, and Future Outlook

The Industrial Internet of Things (IIoT) represents a transformative wave in industrial operations, leveraging the power of connected devices, sensors, and advanced analytics to optimize processes, improve efficiency, and unlock new business opportunities. IIoT connects machines, devices, sensors, and systems to collect and analyze data in real time, enabling industries to achieve smarter decision-making, reduce operational costs, and enhance productivity.

The global Industrial IoT (IIoT) market was valued at USD 334.53 billion in 2022 and is projected to reach USD 2,916.21 billion by 2031, growing at an impressive CAGR of 27.2% during the forecast period (2023–2031). This rapid growth highlights the increasing demand for IoT-enabled technologies across various industrial sectors, making IIoT a vital part of the digital transformation process in manufacturing, supply chains, and infrastructure.

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Key Trends in the Industrial IoT Market

Increased Adoption of Smart Manufacturing: Manufacturers are embracing IIoT for process automation, predictive maintenance, real-time monitoring, and supply chain optimization. This trend is expected to continue as more companies focus on reducing downtime and improving product quality through connected devices.

Advancements in Edge Computing and AI Integration: The rise of edge computing is reducing latency, enabling faster data processing at the source. Integrating AI and machine learning with IIoT systems allows industries to gain insights from real-time data, improving decision-making capabilities.

Focus on Cybersecurity: As the number of connected devices increases, so does the potential vulnerability to cyberattacks. Ensuring robust cybersecurity measures within IIoT systems is becoming a top priority for businesses.

5G Connectivity: The rollout of 5G technology is enhancing the capabilities of IIoT by offering faster and more reliable communication between connected devices. This enables applications that require low latency, such as autonomous vehicles and real-time remote monitoring.

Sustainability and Energy Efficiency: Industries are increasingly adopting IIoT technologies to improve energy efficiency, reduce emissions, and support sustainability goals. Sensors and data analytics enable more efficient resource management, leading to reduced waste and energy consumption.

Industrial IoT Market Size and Share

The IIoT market is witnessing substantial growth across various regions, driven by technological advancements, an increasing number of connected devices, and the need for automation. The major industrial sectors benefiting from IIoT include manufacturing, energy, automotive, pharmaceuticals, and more. Businesses are investing heavily in IIoT to streamline their operations, reduce operational costs, and ensure more efficient use of resources.

The market is also being driven by increasing government initiatives aimed at fostering smart city projects, digital infrastructure, and sustainable industrial practices. As industries continue to digitize their operations, the demand for IIoT solutions is poised to grow exponentially.

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Industrial IoT Market Statistics

The global market value was USD 334.53 billion in 2022.

The market is expected to grow to USD 2,916.21 billion by 2031, with a CAGR of 27.2% during the forecast period (2023–2031).

North America holds a significant share of the market, driven by the adoption of advanced industrial technologies and the presence of key players like Cisco, IBM, and Honeywell.

Asia Pacific (APAC) is expected to witness the highest growth due to rapid industrialization, increasing investments in smart factories, and government support for smart manufacturing initiatives.

Regional Trends and Impact

North America: The North American region, particularly the United States and Canada, dominates the global IIoT market due to a robust manufacturing base, the presence of key technology companies, and early adoption of IoT-enabled technologies. The region’s focus on automation, smart factories, and energy efficiency has led to a high demand for IIoT solutions.

Asia Pacific (APAC): APAC is expected to witness the fastest growth in the IIoT market, primarily driven by the increasing industrialization in countries like China, Japan, and India. The region's push towards smart manufacturing, government initiatives supporting industrial automation, and rapid adoption of advanced technologies like AI, robotics, and 5G are propelling the growth of the IIoT market.

Europe: Europe is another key region for IIoT, driven by strong industrial sectors such as automotive, chemicals, and energy. The European Union’s focus on Industry 4.0 and digital transformation is increasing the demand for IIoT technologies across manufacturing, energy, and logistics.

LAMEA (Latin America, Middle East, and Africa): While still a developing market, the LAMEA region is showing significant potential for IIoT growth, especially in industries such as oil and gas, utilities, and agriculture. Increased investment in infrastructure and digitalization is expected to drive the demand for IIoT solutions in these regions.

Industrial IoT Market Segmentation

By Offering

Hardware:

Industrial Robots: These robots are essential for automating repetitive tasks in industries such as manufacturing and automotive, improving efficiency and reducing errors.

Industrial PC: Industrial PCs are used for data processing, monitoring, and control in industrial environments.

Industrial Sensors: Sensors play a critical role in collecting data from machines and devices to monitor conditions like temperature, pressure, and vibration.

Distributed Control System (DCS): DCS solutions enable centralized control of industrial processes, helping manage large-scale production systems.

Smart Meters: Smart meters are essential for monitoring and managing energy consumption in industries, contributing to energy efficiency.

Human Machine Interface (HMI): HMIs provide a visual interface for operators to interact with industrial control systems.

Control Devices: Devices that help regulate and control industrial processes, ensuring smooth operations.

Software: Software solutions in IIoT are used for data collection, processing, analytics, and visualization. These software tools enable industries to derive actionable insights from the vast amount of data generated by IIoT devices.

Services:

Training & Consulting Services: These services help organizations integrate IIoT technologies into their existing systems and operations.

Support and Maintenance Services: These services ensure that IIoT solutions continue to operate efficiently and without disruption.

By Connectivity

Wired Connectivity:

Ethernet: Provides high-speed, reliable data transmission for industrial applications.

Fieldbus: Used in process control systems for connecting field devices and control systems.

Wireless Connectivity:

Wi-Fi, Bluetooth, Cellular Connectivity, Satellite Connectivity: Wireless connectivity solutions offer flexibility and scalability for IIoT applications, especially in large industrial environments.

By End-use Industry

Aerospace and Defense

Automotive

Chemicals

Energy & Power

Food & Beverage

Metal and Mining

Oil & Gas

Pharmaceutical

Semiconductor & Electronics

Others (Healthcare, Water & Wastewater, etc.)

Each of these industries is increasingly adopting IIoT technologies to improve operational efficiency, ensure product quality, reduce costs, and enhance safety.

Market Segmentation with Insights-Driven Strategy Guide: https://straitsresearch.com/report/industrial-iot-market/segmentation

Top Players in the Industrial IoT Market

Several companies are leading the way in the IIoT market, providing innovative solutions and services:

Huawei Technology Co., Ltd.

Cisco

General Electric

Schneider Electric

Rockwell Automation

ABB

Texas Instruments

Honeywell

IBM

KUKA AG

NEC Corporation

Bosch

Siemens AG

SAP

Endress+Hauser

Accenture PLC

STMicroelectronics

These companies are at the forefront of developing and implementing IIoT solutions, helping industries to leverage IoT technologies for better efficiency, safety, and profitability.

Table of Contents for the Industrial IoT Market Report: https://straitsresearch.com/report/industrial-iot-market/toc

Conclusion

The Industrial IoT market is experiencing rapid growth as industries worldwide adopt connected devices, advanced analytics, and automation to enhance productivity, reduce costs, and improve decision-making. With significant investments in IIoT infrastructure, the market is poised to expand substantially in the coming years, especially in sectors such as manufacturing, energy, automotive, and pharmaceuticals. As technologies like AI, 5G, and edge computing continue to evolve, the potential for IIoT to drive industrial transformation will only increase, presenting enormous opportunities for businesses and industries to embrace the future of connected manufacturing and operations.

About Straits Research

Straits Research is a leading provider of market research and intelligence services. With a focus on high-quality research, analytics, and advisory, our team offers actionable insights tailored to clients’ strategic needs.

Contact Us Email: sales@straitsresearch.com Address: 825 3rd Avenue, New York, NY, USA, 10022 Tel: UK: +44 203 695 0070, USA: +1 646 905 0080

[aarunresearcher]

The United States edge computing market size is projected to exhibit a growth rate (CAGR) of 25.7% during 2024-2032. The growing demand for localized data processing in various industries, increasing emergence of fifth generation (5G) networks that provide high-speed and low-latency, and rising need to gain valuable real-time data insights to make informed decisions represent some of the key factors driving the market.

[intelisync]

2024's Game-Changing Technologies for Metaverse Development

Picture a universe where virtual and physical worlds blend seamlessly, allowing you to interact with digital elements in real-time. As 2024 draws near, groundbreaking technologies are shaping this metaverse, making such interactions more immersive and dynamic than ever.

The metaverse, an expansive network of virtual environments, is evolving rapidly as we approach 2024, driven by several key technologies. Virtual Reality (VR) and Augmented Reality (AR) are at the forefront, enabling immersive experiences that blend the physical and digital worlds. VR technology has advanced significantly, offering users enhanced graphics, realistic simulations, and responsive feedback that create fully immersive digital environments.

AR enhances the physical world by overlaying digital information, enriching experiences in retail, healthcare, and entertainment through interactive and engaging environments.

Blockchain technology is essential for the metaverse, providing a secure and transparent method for managing digital assets and transactions. Non-fungible tokens (NFTs) allow users to own unique digital assets like virtual real estate and art, while smart contracts facilitate automated and secure transactions. The decentralized nature of blockchain promotes trust and reliability, making it a crucial component of the metaverse's infrastructure.

Artificial Intelligence (AI) further enhances user experiences by creating intelligent virtual agents, personalized interactions, and realistic simulations. AI-driven non-player characters (NPCs) provide engaging and adaptive experiences, and AI technologies enable natural language processing and speech recognition for seamless communication between users and virtual environments.

Edge computing and 5G technology are critical for the seamless operation of the metaverse. By bringing data processing closer to users, edge computing reduces latency and improves the responsiveness of virtual environments. 5G networks provide the high-speed internet required for real-time interactions, supporting scalable and complex virtual environments.

The Internet of Things (IoT) and spatial computing further enhance the metaverse by capturing physical movements and translating them into virtual actions, creating realistic and immersive experiences.

Elevate your business with Intelisync's cutting-edge metaverse solutions. Reach out to Intelisync today and learn how our advanced technologies in VR, AR, AI, and blockchain can revolutionize your operations, enhance customer engagement, and drive your Learn more...

[uptothetrendblogs]

Edge Computing in Healthcare Market

Edge computing has emerged as a crucial technology in the healthcare sector, offering real-time data processing and analysis at the point of care.  As healthcare organizations continue to prioritize digital transformation and data-driven decision-making, edge computing is poised to play a pivotal role in shaping the future of healthcare delivery and patient outcomes. In the age of digital transformation, healthcare is embracing innovative technologies to improve patient care, optimize operations, and enhance overall efficiency. One such technology making waves in the healthcare industry is edge computing. Edge computing holds immense potential to revolutionize healthcare by bringing data processing closer to the source, enabling real-time insights, and facilitating seamless connectivity. This article explores the role of edge computing in healthcare, its benefits, challenges, and real-world applications.

Further, in a study conducted by Intel, edge computing reduced the latency of medical image analysis from minutes to milliseconds, enabling faster diagnosis and treatment planning.

The University of California, San Francisco (UCSF) implemented edge computing solutions to analyze data from wearable sensors, leading to a 90% reduction in the time required for detecting patient deterioration in intensive care units.

[marketwire]

Industrial Edge Computing Market - Forecast(2024 - 2030)

Industrial Edge Computing Market size is estimated to reach $11.5 billion by 2030, growing at a CAGR of 12.5% during the forecast period 2024-2030. The robust growth of IoT devices, surging demand for low-latency processing, and the rapid adoption of 5G technology are propelling the Industrial Edge Computing Market growth. There is a growing emphasis on integrating edge computing capabilities with IIoT devices and systems. This integration enhances the efficiency of industrial processes by enabling local data processing, analysis, and decision-making. It also helps in optimizing bandwidth usage and reducing the burden on central data centers. Additionally, the growing demand for remote monitoring and control is creating substantial growth opportunities for the Industrial Edge Computing Market. These factors positively influence the Industrial Edge Computing industry outlook during the forecast period.

Market Snapshot: Industrial Edge Computing Market - Report Coverage:

The “Industrial Edge Computing Market Report - Forecast (2024-2030)” by IndustryARC, covers an in-depth analysis of the following segments in the Industrial Edge Computing Market.

Attribute

Segment

By Deployment Type

Cloud Based

On-Premises

By Technology 

Edge Analytics

Edge Gateway

Edge Computing Hardware

Others

By Component

Hardware

Services

Software

By Application

Predictive Maintenance

Asset Tracking

Remote Monitoring

Others

By Industry Vertical  

Manufacturing

Healthcare

Energy and Utilities

Transportation and Logistics

Others

By Geography

North America (U.S., Canada and Mexico)

Europe (Germany, France, UK, Italy, Spain, Russia and Rest of Europe),

Asia-Pacific (China, Japan, South Korea, India, Australia & New Zealand and Rest of Asia-Pacific),

South America (Brazil, Argentina, Chile, Colombia and Rest of South America)

Rest of the World (Middle East and Africa).

COVID-19 /Ukraine Crisis - Impact Analysis:

●        The COVID-19 pandemic had a notable impact on the Industrial Edge Computing market. With supply chain disruptions and restrictions on movement, industries turned to edge computing for localized data processing and improved resilience. Remote monitoring and predictive maintenance solutions gained traction as companies sought to optimize operations and reduce on-site personnel. Additionally, the pandemic accelerated digital transformation, leading to increased adoption of edge computing to support remote work and ensure business continuity.

●        The Ukrainian crisis had notable implications for the Industrial Edge Computing market. Geopolitical tensions and economic uncertainties in the region disrupted supply chains and affected businesses globally. Companies heavily reliant on Ukrainian technology providers faced challenges, potentially leading to delays or disruptions in edge computing projects. Furthermore, the crisis brought renewed attention to data security and the need for localized processing in critical industries.

Key Takeaways:

●       Fastest Growth Asia-Pacific Region : Geographically, in the global Industrial Edge Computing Market share, Asia Pacific is analyzed to grow with the highes CAGR of 15.2% during the forecast period 2024-2030. The Increasing industrialization, rapid adoption of IoT and Industry 4.0 technologies, and rising demand for real-time data processing have driven the need for edge computing solutions in the region. Moreover, the deployment of 5G networks has enhanced the connectivity and enabled seamless data transmission, further boosting the adoption of edge computing in various industries across the Asia-Pacific region.

●       Asset Tracking is Leading the Market : According to the Industrial Edge Computing Market forecast, the Asset Tracking held the largest market share of 25.2% in 2023 owing to its wide-ranging applications and benefits. The ability to monitor and manage assets in real-time using edge computing solutions has become a critical requirement for industries seeking operational efficiency and cost optimization. Asset tracking solutions provide insights into asset location, utilization, and health, enabling better resource allocation and preventive maintenance.

●        The Robust Growth of IoT Devices : With an ever-increasing number of interconnected devices and sensors in various industries, there is a tremendous surge in data generation at the edge of the network. Edge computing addresses the need for real-time data processing, enabling rapid insights and decision-making. By processing data closer to the source, edge computing reduces latency, optimizes bandwidth usage, and enhances overall system efficiency. This critical synergy between IoT devices and edge computing solutions is propelling the industrial sector's adoption of edge computing technologies.

●       The Surging Demand for Low-Latency Processing : Industries increasingly rely on real-time data analysis for critical applications such as industrial automation, autonomous systems, and remote monitoring. Edge computing brings data processing closer to the source, reducing the time it takes to analyze and act on data. This capability is crucial for applications that require immediate response and minimal delay. As the need for low-latency processing grows, industrial sectors are turning to edge computing solutions to meet these demands, driving the widespread adoption of edge computing technologies in the market.

●       High Costs of Edge Computing Solutions Hamper the Market Growth : Implementing edge computing infrastructure and deploying edge devices can involve substantial upfront investments, which may deter some businesses from adopting these solutions. Additionally, maintenance and management costs further add to the overall expense. Industries, especially small and medium-sized enterprises (SMEs), may find it financially burdensome to adopt edge computing despite its benefits. Addressing the cost barriers and offering cost-effective solutions could encourage wider adoption and unlock the full potential of the industrial edge computing market.

                                   Industrial Edge Computing Market Share (%) By Region, 2022

Key Market Players:

Product/Service launches, approvals, patents and events, acquisitions, partnerships and collaborations are key strategies adopted by players in the Industrial Edge Computing Market. The top 10 companies in this industry are listed below

Amazon Web Services, Inc. (AWS IoT Greengrass, AWS Wavelength)

Google Cloud Platform(Google Cloud Edge TPU, Google Cloud IoT Edge)

Microsoft Azure (Azure IoT Edge, Azure Stack Edge)

International Business Machines Corporation (IBM Edge Gateway)

Cisco Systems, Inc.(Cisco Kinetic for Edge, Cisco IOx)

Hewlett Packard Enterprise Company(HPE Edgeline Converged Edge Systems)

Dell Inc.(Dell Edge Gateway, Dell Edge Insights)

Intel Corporation (Intel® Distribution of OpenVINO™ toolkit)

Advantech Co Ltd (Advantech EdgeNode, Advantech EdgeVisor)

Kontron AG (Kontron EdgeBox, Kontron Edge Device Manager)

Scope of the Report:

Report Metric

Details

Base Year Considered

2023

Forecast Period

2024–2030

CAGR

12.5%

Market Size in 2030

$11.5 billion

Segments Covered

Deployment Type, Technology, Component, Application, Industry Vertical and Region

Geographies Covered

North America (U.S., Canada and Mexico), Europe (Germany, France, UK, Italy, Spain, Russia and Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Australia, New Zealand and Rest of Asia-Pacific), South America (Brazil, Argentina, Chile, Colombia and Rest of South America), Rest of the World (Middle East and Africa).

Key Market Players

Amazon Web Services, Inc.

Google Cloud Platform

Microsoft Azure

International Business Machines Corporation

Cisco Systems, Inc.

Hewlett Packard Enterprise Company

Dell Inc.

Intel Corporation

Advantech Co Ltd

Kontron AG

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