The Edge Computing Market is projected to reach USD 241.23 billion by 2033, growing from USD 15.36 billion in 2023, with an impressive compound annual growth rate (CAGR) of 32.74% from 2023 to 2033. Edge computing involves processing data nearer to its source of generation, rather than depending solely on centralized data centers or cloud computing. This edge typically refers to the network's periphery, where data is generated and collected, including IoT devices, sensors, or local servers.
The latest research report by Evolve Business Intelligence explores the various factors influencing the global market. It includes an analysis of the current market size, forecasts for key segments and regions, and the driving forces behind market growth. The report examines the potential impacts of key trends on business strategies and provides a SWOT analysis of critical sectors for each major competitor and customer group. This valuable data highlights the conglomerates likely to impact the industry, crucial for any company planning to invest strategically over the next five years. These insights complement our initial quantitative study, aiding in new investments and strategic planning to mitigate threats in existing sectors.
Segments covered
By Offerings (Hardware, Platform, Service)
By Application (Smart Cities, Industry 4.0, Content Delivery, Remote Monitoring, AR/VR, Others)
By Organization Size (SME/SMB, Large Enterprise)
By End User (Manufacturing, Energy & Utility, Telecommunication, Media and Entertainment, Defense & Government, Retail and Consumer Goods, Transportation and Logistics, Healthcare, Others)
Key players
Cisco
HP Enterprise
Huawei
Dell Technologies
Nokia
IBM
Foghorn Systems
Machineshop
Saguna Networks
Litmus Automation
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook