Edge Computing Market - By Component (Hardware, Software, Service), By Application (Industrial IoT, Remote Monitoring, Content Delivery, AR/VR), By Enterprise Size, By Industry Vertical, Forecast 2023

Description

List of Tables

Edge Computing Market size is poised to exhibit 34.3% CAGR from 2023 to 2032 driven by the surging adoption of 5G networks and the subsequent need for efficient network management and optimization. Edge computing facilitates the decentralization of data processing and enables the delivery of real-time applications and services closer to the end-users. The integration of edge computing with 5G networks also helps to enhance network efficiency, accelerate the data transmission, and support the seamless deployment of advanced applications.

Moreover, the increasing efforts by industry participants on the development of applications and solutions tailored to individual client demands for expediting innovations and minimizing costs will propel the industry outlook. To cite an instance, in August 2023, Jio Platforms unveiled the Jio True5G Developer platform for integrating its 5G network, edge computing, and variety of apps and services.

The edge computing industry is segmented into component, application, enterprise size, industry vertical, and region.

With respect to components, the market value from the software segment is projected to gain significant traction from 2023-2032, driven by the increasing demand for efficient at the edge data processing and analytics. Edge computing software offers capabilities, such as edge data management, security protocols, and edge analytics for catering to the diverse industry requirements. Moreover, advancements in edge computing software, including AI-driven analytics and edge application management platforms will further propel the segment expansion.

Edge computing industry is anticipated to experience immense traction from the BFSI industry vertical segment through 2032 driven by the increasing need for real-time data processing, enhanced security, and low-latency transactions. Edge computing enables BFSI enterprises to handle sensitive financial data closer to the source for ensuring faster processing, secure transactions, and reliable connectivity. Moreover, the integration of edge computing technology empowers the BFSI sector to deliver agile, personalized, and seamless financial services.

Asia Pacific edge computing industry is poised to expand at notable CAGR from 2023-2032 driven by the rapid digitalization of economies, increasing adoption of IoT devices, and the proliferation of 5G networks. It has been estimated that by the end of 2030, Asia Pacific will have around 1.4 billion 5G connections, accounting for 41% of total mobile connections. The surging need for low-latency data processing has also led to improved network efficiency and enhanced connectivity. Additionally, supportive government initiatives, technological advancements, and strategic partnerships are fostering the widespread integration of edge computing solutions, in turn boosting the regional industry growth.

Product Code: 5275

Chapter 1 Methodology & Scope

1.1 Market scope & definition
1.2 Base estimates & calculations
1.3 Forecast calculation
1.4 Data Sources
- 1.4.1 Primary
- 1.4.2 Secondary
  - 1.4.2.1 Paid sources
  - 1.4.2.2 Public sources

Chapter 2 Executive Summary

2.1 Edge computing market 360 degree synopsis, 2018 - 2032
2.2 Business trends
- 2.2.1 Total Addressable Market (TAM), 2023-2032
2.3 Regional trends
2.4 Component trends
2.5 Application trends
2.6 Enterprise size trends
2.7 Industry vertical trends

Chapter 3 Edge Computing Market Industry Insights

3.1 Impact on COVID-19
3.2 Russia- Ukraine war impact
3.3 Industry ecosystem analysis
3.4 Vendor matrix
3.5 Profit margin analysis
3.6 Technology innovation landscape
3.7 Patent analysis
3.8 Key news and initiatives
3.9 Regulatory landscape
3.10 Impact forces
- 3.10.1 Growth drivers
  - 3.10.1.1 Increasing adoption of IoT devices across various end-use verticals
  - 3.10.1.2 Rising investments in 5G network
  - 3.10.1.3 Surging adoption of autonomous vehicles
  - 3.10.1.4 Strong government support for promoting cloud adoption
  - 3.10.1.5 Growing popularity of private networks
- 3.10.2 Industry pitfalls & challenges
  - 3.10.2.1 Rising incidents of cyber-attacks
  - 3.10.2.2 Interoperability issues and high maintenance costs
3.11 Growth potential analysis
3.12 Porter's analysis
3.13 PESTEL analysis

Chapter 4 Competitive Landscape, 2022

4.1 Introduction
4.2 Company market share, 2022
4.3 Competitive analysis of major market players, 2022
- 4.3.1 Amazon Web Services, Inc. (Amazon.com)
- 4.3.2 Hewlett Packard Enterprise
- 4.3.3 Microsoft Corporation
- 4.3.4 IBM Corporation
- 4.3.5 Intel Corporation
- 4.3.6 Google LLC
- 4.3.7 Dell Technologies Inc.
4.4 Competitive positioning matrix, 2022
4.5 Strategic outlook matrix, 2022

Chapter 5 Edge Computing Market Estimates & Forecast, by Component (Revenue)

5.1 Key trends, by component
5.2 Hardware
- 5.2.1 Nodes
- 5.2.2 Sensors
- 5.2.3 Others
5.3 Software
5.4 Service
- 5.4.1 Training & education
- 5.4.2 Support & maintenance

Chapter 6 Edge Computing Market Estimates & Forecast, By Application (Revenue)

6.1 Key trends, by application
6.2 Industrial IoT
6.3 Remote monitoring
6.4 Content delivery
6.5 AR/VR
6.6 Others

Chapter 7 Edge Computing Market Estimates & Forecast, By Enterprise Size (Revenue)

7.1 Key trends, by enterprise size
7.2 Large enterprises
7.3 SMEs

Chapter 8 Edge Computing Market Estimates & Forecast, By Industry Vertical (Revenue)

8.1 Key trends, by industry vertical
8.2 IT & Telecom
8.3 BFSI
8.4 Manufacturing
8.5 Healthcare
8.6 Retail
8.7 Government
8.8 Utility
8.9 Others

Chapter 9 Edge Computing Market Estimates & Forecast, By Region

9.1 Key trends, by region
9.2 North America
- 9.2.1 U.S.
- 9.2.2 Canada
9.3 Europe
- 9.3.1 UK
- 9.3.2 Germany
- 9.3.3 France
- 9.3.4 Italy
- 9.3.5 Spain
- 9.3.6 Netherlands
9.4 Asia Pacific
- 9.4.1 China
- 9.4.2 India
- 9.4.3 Japan
- 9.4.4 South Korea
- 9.4.5 ANZ
9.5 Latin America
- 9.5.1 Brazil
- 9.5.2 Mexico
- 9.5.3 Argentina
9.6 MEA
- 9.6.1 South Africa
- 9.6.2 Saudi Arabia
- 9.6.3 UAE

Chapter 10 Company Profiles

10.1 ADLINK Technology Inc.
10.2 Amazon Web Services, Inc. (Amazon.com)
10.3 Cisco Systems, Inc.
10.4 ClearBlade, Inc.
10.5 Cloudera Inc.
10.6 Dell Technologies Inc.
10.7 Google Inc.
10.8 Hewlett Packard Enterprise Company
10.9 Hitachi Vantara Corporation
10.10 Huawei Technologies Co., Ltd.
10.11 IBM Corporation
10.12 Intel Corporation
10.13 Microsoft Corporation
10.14 Nutanix, Inc.
10.15 Oracle Corporation
10.16 Redis Labs Inc.
10.17 Saguna Networks, Ltd.
10.18 SAP SE
10.19 Siemens AG