Edge Data Center Market Size, Share, Growth Analysis, By Component(Solution and Services), By Facility Size(Large Facility and Small & Medium Facility), By Vertical(IT & Telecom, BFSI, Manufacturing, Gaming & Entertainment and Other Verticals), By Region - Industry Forecast 2024-2031

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.