Edge Computing Market Size, Share, Growth Analysis, By Component(Hardware (Edge Servers {Edge Compute Nodes, Edge Storage devices}, Edge Gateways {Industrial Edge Gateways, IoT Edge Gateways), By Organization Size(Large Enterprises, and Small and Medium-Sized Enterprises (SMEs)), By Application(Real-time Data Processing & Analytics (Stream Processing, Complex Event Processing (CEP), Data Fusion), Predictive Maintenance & Optimization (Predictive Maintenance), By Vertical(Manufacturing (Quality Control, Process Optimization, Remote Equipment Monitoring, Condition-based Monitoring), By Region - Industry Forecast 2025-2032


Report ID: SQMIG45I2085 | Region: Global | Published Date: June, 2024
Pages: 197 |Tables: 59 |Figures: 75

Edge Computing Market Insights

Edge Computing Market size was valued at USD 15.42 Billion in 2023 and is poised to grow from USD 21.14 Billion in 2024 to USD 263.76 Billion by 2032, growing at a CAGR of 37.09% during the forecast period (2025-2032).

The widespread usage and adoption of IoT is leading to overload on cloud foundation and is the driving factor of the market. The rising adoption of edge computing in different industries is also driving the market. Due to the COVID-19 pandemic there is seen a surge in the adoption of edge computing and data centres. The rise in the investment by the government will also boost the market. The rising emphasis on developing communication infrastructure is also driving the market. Additionally, the healthcare system is continuously advancing like adoption of online consultation which requires high security and fast connectivity will further increases the market’s adaption. The increase in the adoption of the edge computing technology by the telecom industry provides opportunity for the market. The different companies are collaborating with each other for rapid technological advancements, service offerings and increasing adoption of edge computing market. 

Based on SkyQuest’s analysis, the edge computing has been used in advanced combat aircraft, F-35. With the help of sensors on each platform, they can access and fuse data with other F-35 aircrafts and can distribute a single picture of data across the planes. This happens automatically with the use of multifunction advanced data link (MADL). 

However, the edge computing market faces certain challenges as well. Ensuring data privacy and security at the edge is a crucial concern, as decentralized computing can potentially expose data to various vulnerabilities. In addition, the deployment and management of edge computing infrastructure across geographically distributed locations can be complex and require robust network connectivity.

Market snapshot - 2025-2032

Global Market Size

USD 11.25 billion

Largest Segment

Hardware

Fastest Growth

Software

Growth Rate

37.09% CAGR

Global Edge Computing Market ($ Bn)
Market Share For North America Region (%)

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Edge Computing Market Segmental Analysis

The global edge computing market is segmented into Component, Organization Size, Application, Vertical, and region. Based on Component, the market is segmented into Hardware (Edge Servers {Edge Compute Nodes, Edge Storage Devices}, Edge Gateways {Industrial Edge Gateways, Iot Edge Gateways, Cloud Edge Gateways}, Edge Sensors {Temperature Sensors, Humidity Sensors, Pressure Sensors, Motion Sensors}, Edge Devices {Industrial Pcs (IPCs), Single-Board Computers (SBCs), Microcontrollers}), Software (Data Management {Data Processing, Data Analytics, Data Storage, Data Security}, Device Management {Device Provisioning, Firmware and Software Updates, Device Monitoring, Device Security}, Application Management {Application Deployment, Workflow Automation, Service Orchestration, Application Security}, Network Management {Connectivity Management, Performance Monitoring, Network Optimization, Network Security}), Services (Professional Services {Consulting, Implementation, Support & Maintenance}, Managed Services). Based on Organization Size, the market is segmented into Large Enterprises, Small and Medium-sized Enterprises (SMES). Based On Application, the market is segmented into Real-time Data Processing & Analytics (Stream Processing, Complex Event Processing (Cep), Data Fusion), Predictive Maintenance & Optimization (Predictive Maintenance, Performance Optimization, Resource Allocation), IoT & Sensor Data Utilization (IoT Device Management, Sensor Data Analysis, Edge-to-cloud Integration), Remote Monitoring & Management (Device Monitoring, Command And Control, Alerting And Notification), Personalized Customer Experiences (User Behavior Analysis, Contextual Content Delivery, Predictive Recommendations), and Others. Based on Vertical, the market is segmented into Manufacturing (Quality Control, Process Optimization, Remote Equipment Monitoring, Condition-based Monitoring, Supply Chain Optimization), Energy & Utilities (Smart Grids, Fault Detection, Distributed Energy Management, Energy Optimization, Pipeline Optimization), Government & Defense (Smart Cities, Traffic Management, Environmental Monitoring & Pollution Control, Public Safety & Emergency Response, Border Surveillance & Security), Telecommunications (Network Optimization, Mobile Edge Computing (MEC), Content Delivery Networks (CDNS), Network Slicing, Edge Caching), Media & Entertainment (Personalized Content Recommendation, Real-Time Video Streaming, Edge-Based Gaming, Virtual Production, Interactive Live Events), Retail & Consumer Goods (Real-time Inventory Management, Personalized Marketing, In-store Analytics, Smart Checkout, Dynamic Pricing), Transportation & Logistics (Fleet Management, Route Optimization, Real-time Cargo Monitoring, Warehouse Automation, Autonomous Vehicles), Healthcare & Life Sciences (Remote Patient Monitoring, Smart Hospitals, Secure Data Processing, Wearable Health Devices, Genomic Analysis At the Edge), and Others. Based on region, the market is segmented into North America, Europe, Asia-Pacific, Middle East and Africa, and Latin America. 

Edge Computing Market Analysis by Organization Size 

The large enterprises segment is the dominating segment by organization size in the edge computing market and is expected to hold a market share of about 80.4%. The popularity of IC drive type is increasing due to the launch of new edge computing systems. These integrate advanced IC propulsion systems which increases the efficiency. As these have financial resources, the develop and implement new technologies of edge computing infrastructure which helps in enhancing operational efficiency. The rise in the demand for advanced analytics is also contributing towards the market growth. 

On the other hand, small enterprises are the fastest growing segment in the edge computing market by organization size. Edge computing systems provide faster data processing, help in improving automation, and enhances the customer experience. Therefore, it is being continuously adopted by small enterprises driving towards its expansion. This can help small enterprises to integrate these solutions in various applications such as retail and real time analysis. The rising digital transformation initiatives is also driving SMEs for the adoption of edge computing systems which is driving the market. 

Edge Computing Market Analysis by Vertical 

The energy and utility segment are the largest segment by vertical in the  market. The smart grids are contributing towards the growth of this segment as they depend on device edge infrastructure. The shift towards the environmental sustainability is also driving the market. The initiatives made by the government to improve the electrical utility services around the globe is also contributing towards its growth. This has led towards the development of power sources such as solar and wind. These smart grids enhance operational efficiency including real time consumption control which is contributing towards the market growth. 

On the other hand, the healthcare and life sciences segment are the fastest growing segment in the  market by vertical and is expected to grow at a significant CAGR during the forecasted period. The healthcare industry is continuously developing and implementing digital technologies which is driving the market. Healthcare industry is continuously modernizing due to which hospitals and clinics are continuously implementing digital strategies which is leading towards their success. The edge computing solutions are used for patient record management, and patient monitoring and care. The doctors or medical officials can treat their patient faster by using patient data, telemedicine program, and others which is leading towards the expansion of the market.

Global Edge Computing Market By Organization Size

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Edge Computing Market Regional Insights

North America is the largest region in the edge computing market and holds a share of about 39.6% in the market. The US is expected to grow at a CAGR of 30.6% during the forecasted period. The region is dominated due to the strong presence of vendors such as Amazon Web Service, Inc, General Electric, and others. These help in developing new solutions. The manufacturers in the U.S. are moving towards connected factories as the convergence of IoT to edge computing is shaping favourable conditions for them. For enabling edge computed solutions different startups are also growing up to provide such platforms which is surging the market growth. For instance, Telus communications and MobiledgeX, Inc. collaborated for building a program, MobiledgeX early access programme. 

On the other hand, Asia-Pacific is the fastest growing region in the  market and is expected to grow at a CAGR of 42.7% during the forecasted period. The continuously growing networking technology in this region is also driving the market. Furthermore, the growth in technology which include IoT, launch of 5G network, and Industry 4.0 are leading to the expansion of connected devices ecosystem which is leading towards the demand for strong computerized infrastructure. Due to these various industries are entering into the regions of developing countries like India, Indonesia, and others. Therefore, driving the growth of the market.

Global Edge Computing Market by Region
  • Largest
  • Fastest

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Edge Computing Market Dynamics

Edge Computing Market Drivers

Increasing Adoption of Speedy Data Processing and Real-time Analytics  

  • The increasing demand for low-latency data processing devices in industries such as manufacturing, healthcare, and others is driving the demand for edge computing systems. these require continuous and quick access to their data for increasing their operations and correct decision making. Discontinuous increasing demand for rapid data processing and real time analytics is driving the market. 

Rising Technological Advancement and Innovation 

  • The advancements in innovation play an important role in driving the market. The improvement in tablets and other devices provide faster processor, smooth screens and advanced software systems which helps in improving the customer experiences. Furthermore, the advancements in payment systems, connectivity, and software systems provide self-service solutions which is also expanding the market leading towards its growth. 

Edge Computing Market Restraints 

High Associated Cost Hurdles the Market Growth 

  • The amount for developing solar power plants can be huge including the land acquisition, engineering, construction, and others. This high investment amount can pose a barrier for the manufacturers especially in regions with limited access to finances. Therefore, this can lead towards a major hurdle in the growth of the market. 

Low Adoption Rates Hinders the Market Growth 

  • Low adoption rates of edge computing among consumers have significantly hindered the market growth. It’s investment cost, security risk and potential benefits have turned aside its adoption, limited market expansion and delayed its full potential realization.

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Edge Computing Market Competitive Landscape

The global edge computing market is highly competitive in nature, with the presence of numerous players offering a diverse range of edge computing solutions and services. To remain competitive, players are focusing on developing innovative and cost-effective solutions that can cater to the diverse needs of various industries. 

Edge Computing Market Top Player’s Company Profiles

  • Amazon Web Services (US)
  • Dell Technologies, Inc. (US)
  • General Electric Company (US)
  • Fujitsu Ltd. (Japan) 
  • Hewlett Packard Enterprise Company (US) 
  • IBM Corporation (US) 
  • Juniper Networks, Inc. (US) 
  • NXP Semiconductors N.V. (Netherlands) 
  • Schneider Electric SE (France) 
  • SAP SE (Germany) 
  • Tencent Holdings Limited (China) 
  • Vodafone Group Plc (UK) 
  • Siemens AG (Germany) 
  • Verizon Communications Inc. (US) 
  • Cisco Systems, Inc. (US) 
  • Huawei Technologies Co., Ltd. (China) 
  • Intel Corporation (US) 
  • Microsoft Corporation (US) 
  • Nokia Corporation (Finland) 
  • Oracle Corporation (US)

Edge Computing Market Recent Developments

  • In May 2024, Tata communications launched CloudLyte, a fully automated edge computing platform for the enterprises.  

  • In February 2024, GCore announced the launch of FastEdge, an advanced serverless product used in application deployment and performance. It creates responsive and personalized applications without the complexities of server management. 

  • In February 2024, Akamai technologies launched generalized edge computing services (Gecko) to centrally manage and deploy workload on edge computing platforms.

Edge Computing Key Market Trends

  • Rising Adoption of Edge Computing in Telecommunication Sector: The telecommunication sector is growing continuously by updating its infrastructure by integrating 5G worldwide which is driving towards the adoption of edge computing resources. The 5G and the IoT technology with the help of edge computing will help in reshaping the telecom sector. This will help the telecom sector in boosting their connectivity and in reducing latency for their customers and will introduce new services like data management at the edge. The 5G, IoT, and edge computing would be transformational for both communication service providers and their customers. The telecom industry is investing in the edge computing technologies which will help in developing new technologies and enhance user experiences.

Edge Computing Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research. 

According to our analysis, global edge computing market is experiencing significant growth as businesses across different sectors which contributes towards driving the market growth. The adoption of 5G technology, adoption of connected devices, and technological advancements in AI are contributing to the increasing demand for processing and analysing large amount of data across different industries. The energy and the utility segment are having the highest share where does the healthcare and life segment are growing continuously at a quick pace. North America is leading the market whereas Asia-Pacific exploring quickly. One major trend is the rising adoption of edge computing in the telecommunication sector as they provide faster network processing. The companies are collaborating with each other for developing advanced edge computing systems which is driving the market expansion.

Report Metric Details
Market size value in 2023 USD 15.42 Billion
Market size value in 2032 USD 263.76 Billion
Growth Rate 37.09%
Base year 2024
Forecast period 2025-2032
Forecast Unit (Value) USD Billion
Segments covered
  • Component
    • Hardware (Edge Servers {Edge Compute Nodes, Edge Storage devices}, Edge Gateways {Industrial Edge Gateways, IoT Edge Gateways, Cloud Edge Gateways}, Edge Sensors {Temperature Sensors, Humidity Sensors, Pressure Sensors, Motion Sensors}, Edge Devices {Industrial PCs (IPCs), Single-Board Computers (SBCs), Microcontrollers}), Software (Data Management {Data Processing, Data Analytics, Data Storage, Data Security}, Device Management {Device Provisioning, Firmware And Software Updates, Device Monitoring, Device Security}, Application Management {Application Deployment, Workflow Automation, Service Orchestration, Application Security}, Network Management {Connectivity Management, Performance Monitoring, Network Optimization, Network Security}), and Services (Professional Services {Consulting, Implementation, Support & Maintenance}, Managed Services)
  • Organization Size
    • Large Enterprises, and Small and Medium-Sized Enterprises (SMEs)
  • Application
    • Real-time Data Processing & Analytics (Stream Processing, Complex Event Processing (CEP), Data Fusion), Predictive Maintenance & Optimization (Predictive Maintenance, Performance Optimization, Resource Allocation), IoT & Sensor Data Utilization (IoT Device Management, Sensor Data Analysis, Edge-to-cloud Integration), Remote Monitoring & Management (Device Monitoring, Command and Control, Alerting and Notification), Personalized Customer Experiences (User Behaviour Analysis, Contextual Content Delivery, Predictive Recommendations), and Others
  • Vertical
    • Manufacturing (Quality Control, Process Optimization, Remote Equipment Monitoring, Condition-based Monitoring, Supply Chain Optimization), Energy & Utilities (smart Grids, Fault Detection, Distributed Energy Management, Energy Optimization, Pipeline Optimization), Government & Defense (Smart Cities, Traffic Management, Environmental Monitoring & Pollution Control, Public Safety & Emergency Response, Border Surveillance & Security), Telecommunications (Network Optimization, Mobile Edge Computing (MEC), Content Delivery Networks (CDNS), Network Slicing, Edge Caching), Media & Entertainment (Personalized Content Recommendation, Real-Time Video Streaming, Edge-Based Gaming, Virtual Production, Interactive Live Events), Retail & Consumer Goods (Real-Time Inventory Management, Personalized Marketing, In-store Analytics, Smart Checkout, Dynamic Pricing), Transportation & Logistics (Fleet Management, Route Optimization, Real-time Cargo Monitoring, Warehouse Automation, Autonomous Vehicles), Healthcare & Life Sciences (Remote Patient Monitoring, Smart Hospitals, Secure Data Processing, Wearable Health Devices, Genomic Analysis at the Edge), and Others
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • Amazon Web Services (US)
  • Dell Technologies, Inc. (US)
  • General Electric Company (US)
  • Fujitsu Ltd. (Japan) 
  • Hewlett Packard Enterprise Company (US) 
  • IBM Corporation (US) 
  • Juniper Networks, Inc. (US) 
  • NXP Semiconductors N.V. (Netherlands) 
  • Schneider Electric SE (France) 
  • SAP SE (Germany) 
  • Tencent Holdings Limited (China) 
  • Vodafone Group Plc (UK) 
  • Siemens AG (Germany) 
  • Verizon Communications Inc. (US) 
  • Cisco Systems, Inc. (US) 
  • Huawei Technologies Co., Ltd. (China) 
  • Intel Corporation (US) 
  • Microsoft Corporation (US) 
  • Nokia Corporation (Finland) 
  • Oracle Corporation (US)
Customization scope

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Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Edge Computing Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Edge Computing Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Edge Computing Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Edge Computing Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Edge Computing Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Edge Computing Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

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FAQs

Edge Computing Market size was valued at USD 15.42 Billion in 2023 and is poised to grow from USD 21.14 Billion in 2024 to USD 263.76 Billion by 2032, growing at a CAGR of 37.09% during the forecast period (2025-2032).

The global edge computing market is highly competitive in nature, with the presence of numerous players offering a diverse range of edge computing solutions and services. To remain competitive, players are focusing on developing innovative and cost-effective solutions that can cater to the diverse needs of various industries.  'Amazon Web Services (US)', 'Dell Technologies, Inc. (US)', 'General Electric Company (US)', 'Fujitsu Ltd. (Japan) ', 'Hewlett Packard Enterprise Company (US) ', 'IBM Corporation (US) ', 'Juniper Networks, Inc. (US) ', 'NXP Semiconductors N.V. (Netherlands) ', 'Schneider Electric SE (France) ', 'SAP SE (Germany) ', 'Tencent Holdings Limited (China) ', 'Vodafone Group Plc (UK) ', 'Siemens AG (Germany) ', 'Verizon Communications Inc. (US) ', 'Cisco Systems, Inc. (US) ', 'Huawei Technologies Co., Ltd. (China) ', 'Intel Corporation (US) ', 'Microsoft Corporation (US) ', 'Nokia Corporation (Finland) ', 'Oracle Corporation (US)'

The increasing demand for low-latency data processing devices in industries such as manufacturing, healthcare, and others is driving the demand for edge computing systems. these require continuous and quick access to their data for increasing their operations and correct decision making. Discontinuous increasing demand for rapid data processing and real time analytics is driving the market. 

Rising Adoption of Edge Computing in Telecommunication Sector: The telecommunication sector is growing continuously by updating its infrastructure by integrating 5G worldwide which is driving towards the adoption of edge computing resources. The 5G and the IoT technology with the help of edge computing will help in reshaping the telecom sector. This will help the telecom sector in boosting their connectivity and in reducing latency for their customers and will introduce new services like data management at the edge. The 5G, IoT, and edge computing would be transformational for both communication service providers and their customers. The telecom industry is investing in the edge computing technologies which will help in developing new technologies and enhance user experiences.

North America is the largest region in the edge computing market and holds a share of about 39.6% in the market. The US is expected to grow at a CAGR of 30.6% during the forecasted period. The region is dominated due to the strong presence of vendors such as Amazon Web Service, Inc, General Electric, and others. These help in developing new solutions. The manufacturers in the U.S. are moving towards connected factories as the convergence of IoT to edge computing is shaping favourable conditions for them. For enabling edge computed solutions different startups are also growing up to provide such platforms which is surging the market growth. For instance, Telus communications and MobiledgeX, Inc. collaborated for building a program, MobiledgeX early access programme. 

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