Global Edge Data Center Market

Edge Data Center Market Size, Share, Growth Analysis, By Component (Solutions, Services), By Organization Size (Large Enterprises, SMEs), By End User Industry, By Location, By Application, By Region - Industry Forecast 2024-2031


Report ID: SQMIG45C2086 | Region: Global | Published Date: December, 2024
Pages: 187 | Tables: 87 | Figures: 71

Edge Data Center Market Regional Insights

Due to a number of important factors, including its highly developed technological infrastructure, high internet penetration rates, and the existence of significant cloud service providers, North America is now leading the global edge data centre market. The increase in the demand for Edge Computing solutions has been huge as a result of significant investments made into 5G technology and Internet of Things applications by the region which allow faster data processing and better user experience. Further, organizations build edge data centers for operational efficiency and compliance as a result of the legal environment and the focus on data protection and confidentiality. North America plays a leading role in the edge data center market due to its innovative approach, major funding, and readiness for the market.

In today’s world, the growing demand for low-latency apps and IoT devices, has made Europe the fastest growing region in the global edge data centre market. The region’s commitment to sustainability and green energy programs, however, encourages investments in energy efficient edge data centres that are in line with legislation aimed at reducing carbon footprints. More importantly, since 5G networks are getting established across European countries thus promoting better user experience and delivery of services; therefore, the demand for localized processing of data becomes more pressing. In addition, various actors within Europe’s different sectors—ranging from banking and finance to medical services—are embracing edge computing solutions so as to enhance performance as well as ensure cybersecurity hence driving the growth of this market.

$5,300
BUY NOW GET FREE SAMPLE
Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

Global Edge Data Center Market size was valued at USD 9.33 billion in 2022 and is poised to grow from USD 11.05 billion in 2023 to USD 42.66 billion by 2031, growing at a CAGR of 18.4% during the forecast period (2024-2031). 

The competitive environment in the global edge data centre market is defined by prominent competitors forming strategic alliances and quick innovation. Businesses like Google, Microsoft, and Amazon Web Services are setting the standard for cutting-edge edge computing technologies. There are some remarkable competitors such as Equinix, IBM, and Oracle that are growing their service offerings through the process of acquisition and merger. The need for fast response times has led to rapid technological advancements as businesses require data processing solutions that are both cost-effective and efficient. 'Cisco Systems Inc. ', 'Dell Technologies Inc. ', 'Hewlett Packard Enterprise Development LP (HPE) ', 'Huawei Technologies Co., Ltd. ', 'IBM Corporation ', 'Schneider Electric SE ', 'Vertiv Group Corp. ', 'Eaton Corporation ', 'Fujitsu Limited ', 'Nokia Corporation ', 'Equinix, Inc. ', 'Digital Realty Trust, Inc. ', 'EdgeConneX ', 'Vapor IO ', '6WIND ', 'ADLINK Technology Inc. ', 'AT&T Inc. ', 'Crown Castle International Corp. ', 'EdgeMicro ', 'Flexential Corp'

Advantageous Function of the 5G Rollout

Surging Demand for Low-Latency Solutions: The growing demand for low-idleness data handling and stockpiling at the edge of the organization is driving significant growth and improvement in the edge data center market. The development of IoT devices, autonomous cars, and the growing need for ongoing data analysis across many businesses all fit this pattern.

Due to a number of important factors, including its highly developed technological infrastructure, high internet penetration rates, and the existence of significant cloud service providers, North America is now leading the global edge data centre market. The increase in the demand for Edge Computing solutions has been huge as a result of significant investments made into 5G technology and Internet of Things applications by the region which allow faster data processing and better user experience. Further, organizations build edge data centers for operational efficiency and compliance as a result of the legal environment and the focus on data protection and confidentiality. North America plays a leading role in the edge data center market due to its innovative approach, major funding, and readiness for the market.

Request Free Customization

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

logo-images

Feedback From Our Clients

Global Edge Data Center Market

Report ID: SQMIG45C2086

$5,300
BUY NOW GET FREE SAMPLE