Edge Computing Market Size Set to Witness an Uptick of 22% CAGR during 2022-2030

Selbyville, Delaware Edge Computing Market research is an intelligence report with meticulous efforts undertaken to study the right and valuable information. The data which has been looked upon is done considering both, the existing top players and the upcoming competitors. Business strategies of the key players and the new entering market industries are studied in detail. Well explained SWOT analysis, revenue share and contact information are shared in this report analysis.

Comprising the current and future trends defining the dynamics of this industry vertical, this report also incorporates the regional landscape of Edge Computing market in tandem with its competitive terrain. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data which enhances the understanding, scope and application of this report.

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The edge computing market is slated to expand significantly by the end of 2030 owing to the huge computing demand for cloud users. In addition, massive data explosion through IoT networks is likely to further propel industry growth over the forecast timeframe.

During the COVID-19 pandemic, the industry gained massive popularity due to a gradual shift towards cloud saving to ensure seamless business operations in light of the prevalent trend of remote working. This had prompted key players in the industry to focus on expanding their product portfolios through effective innovations to improve their business presence, thereby fostering product outlook. For instance, in May 2022, Cisco, a leading cloud solutions provider, released its Cloud Control Framework (CCF) to make security certification more accessible.

The edge computing market has been bifurcated based on application, enterprise size, component, industry vertical, and region. In terms of component, the market has been split into hardware, software, and service. The hardware segment has been subdivided into sensors, nodes, and others.

Opportunities

Furthermore, development of fully integrated biopsy devices extends profitable opportunities to the market players in the forecast period of 2022 to 2025. Also, emergence of liquid biopsy will assist in the expansion of the market.

Restraints/Challenges

On the other hand, concerns regarding the product recalls are expected to obstruct market growth. Also, risk of infections is projected to challenge the Edge Computing market in the forecast period of 2022-2025.

This Edge Computing market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Edge Computing market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Edge Computing Market

Covid-19 had a positive impact on the Edge Computing market. The medical services such as biopsies witnessed decline in revenues in the years 2020 and 2021 due to the outbreak of COVID-19. Major medical procedures were declined during the pandemic to prevent the risk of spreading coronavirus. However, rise in the number of biopsies is expected in the post-COVID owing to the easing of restrictions.

The edge computing industry share from the retail segment is estimated to expand at a CAGR of above 30% through 2030 owing to the mounting adoption of cloud computing services across the retail sector. Additionally, the government sector is projected to observe steady growth at over 25% CAGR in the forthcoming years due to growing digitalization across government organizations. In the regional landscape, the Latin America edge computing industry is forecast to grow at roughly 25% CAGR up to 2030 due to the soaring presence of cloud data centers across the LATAM region. Similarly, the edge computing market in Middle East & Africa is primed to expand at a CAGR of above 25% over the analysis timespan driven by supportive government initiatives for digitalization in the MEA region.

Summary of the regional outlook documented in this report:

  • Consumption pattern and consumption rate with respected to each region.
  • Predicted consumption rates over the forecast period.
  • Market forecasts of key regions are detailed in the report.
  • Consumption market share solely based on the regional contribution.
  • Market share held by the listed geographies.

Edge Computing Major Manufacturers Analysis

  • Edge Computing Production Sites and Area Served
  • Product Introduction, Application and Specification
  • Edge Computing Production, Revenue, Ex-factory Price and Gross Margin
  • Main Business and Markets Served

 TABLE OF CONTENTS

  1. Edge Computing Market Definition and Scope
  2. Edge Computing Market Research Methodology
  3. Edge Computing Market Executive Summary
  4. Edge Computing Market Dynamics
  5. Edge Computing Market Growth Prospects
  6. Global Edge Computing Market by Type
  7. Global Edge Computing Market, By End-Use
  8. Global Edge Computing Market, by Regional Analysis
  9. Edge Computing Market Competitive Intelligence
  10. Top Edge Computing Market Strategies
  11. Edge Computing Market Company Market Share

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