PUBLISHER: BCC Research | PRODUCT CODE: 1276291
PUBLISHER: BCC Research | PRODUCT CODE: 1276291
The global market for edge computing technologies is estimated to increase from $46.3 billion in 2022 to reach $124.7 billion by 2027, at a compound annual growth rate (CAGR) of 21.9% from 2022 through 2027.
North American market for edge computing is estimated to increase from $20.8 billion in 2022 to reach $57.2 billion by 2027, at a CAGR of 22.4% from 2022 through 2027.
Asia-Pacific market for edge computing is estimated to increase from $9.2 billion in 2022 to reach $27.8 billion by 2027, at a CAGR of 24.8% from 2022 through 2027.
This report studies the global as well as regional markets for edge computing technologies, identifying newer markets and exploring the expansion of the current application market for various end-users. A realistic five-year forecast has been made for the future global markets for different types of components in edge computing. The end uses for edge computing are discussed to establish global as well as regional usage. A future forecast has been made for all end-user industries.
In this report, the edge computing market has been segmented based on component, industry, and geography. The report provides an overview of the global edge computing market and analyzes market trends. Using 2021 as the base year, the report provides estimated market data for the forecast period 2022 through 2027. Revenue forecasts for this period are segmented based on component, industry, and geography. In addition, the report also offers a major regional analysis of North America, Europe, Asia-Pacific, Latin America, the Middle East, and Africa. The estimated and forecast market revenue considered in this report is the summation of prices for software, hardware, and subscription services.
COVID-19 has had a massive impact on society since the start of 2020. This report considers the impact of COVID-19 and the economic slowdown it created. With people relying more on technology, the demand for edge computing will increase and boost market growth. The report also focuses on the major trends and challenges that affect the market and the vendor landscape.
This report has been prepared in a simple easy-to-understand format, with several tables and charts/figures. The scope of the report includes a detailed study of global and regional markets for edge computing, with reasons given for variations in the growth of the industry in certain regions. The report examines each component of edge computing technology, determines its current market size, and estimates its future market. The report also analyzes the market from the manufacturers' viewpoint as well as that of the final consumer. Several technical issues arising out of the utilization of edge computing technologies are discussed, and solutions are indicated.