Market Research Report
Fog Computing Market Analysis By Solution, By Hardware (Gateways, Routers & Switches, Sensors), By Application (Connected Vehicles, Smart Grids, Smart Cities, Connected Healthcare, Smart Manufacturing), By Region, And Segment Forecasts, 2016 - 2025
|Published by||Grand View Research, Inc.||Product code||490554|
|Published||Content info||100 Pages
Delivery time: 1-2 business days
|Fog Computing Market Analysis By Solution, By Hardware (Gateways, Routers & Switches, Sensors), By Application (Connected Vehicles, Smart Grids, Smart Cities, Connected Healthcare, Smart Manufacturing), By Region, And Segment Forecasts, 2016 - 2025|
|Published: March 24, 2017||Content info: 100 Pages||
The global fog computing market is expected to reach USD 617.3 million by 2025, according to a new report by Grand View Research, Inc. The increasing demand from end-use industries is expected to propel the industry growth. Fog computing is an advancement in Internet of Things (IoT) that has shifted data processing out of the cloud into devices. With the growing number of IoT deployments, the amount of data is multiplying, thereby giving rise to several challenges involved in uploading and processing this data. This has led to the emergence of fog computing to store and process the vast amount of data within a short time frame. Organizations are involved in developing effective solutions to cater to the needs of end-use industries. For implementing the fog computing technology, it is necessary for organizations to have a robust network performance management capability.
The growth in the machine-to-machine communication has opened growth opportunities for organizations to transition to fog computing to achieve faster decision-making capabilities and reduce the operating costs through its real-time tracking and analyzing abilities. Moreover, the technology supports interface and resource heterogeneity along with the distributed data analytics to address the requirements of widely distributed low latency applications. However, the fragmented technology standards and rising interoperability issues are limiting the industry growth.