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PUBLISHER: IMARC | PRODUCT CODE: 1390749
PUBLISHER: IMARC | PRODUCT CODE: 1390749
Fog Computing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
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Abstract
The global fog computing market size reached US$ 174.3 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 361.0 Million by 2028, exhibiting a growth rate (CAGR) of 12.90% during 2022-2028.
Fog computing is a decentralized computing framework that facilitates computing, storage, control, and networking services between end devices and computing data centers. It reduces the amount of data required for sending to the cloud, thereby saving network bandwidth and minimizing the response time of the system. It also assists in making processing faster and improving the overall security and efficiency of the system. At present, it finds application in devices that require rigorous computation and processing and providing services over a large area at different geographical locations.
Fog Computing Market Trends:
The agility and flexibility of big data solutions have led to an increase in the use of the Internet of Things (IoT), thereby resulting in the growing volume of digital data generation. This represents one of the major factors encouraging enterprises and large organizations across the globe to adopt fog computing solutions for fulfilling the need of quickly accessing large amounts of data. Additionally, these solutions increase business agility by making the production of revenue-generating products and services more efficient. They also provide a common framework for seamless collaboration and communication. Thus, the growing awareness about the advantages associated with fog computing solutions is increasing their sales over cloud computing. Besides this, the growing data security concerns on account of the rising instances of cyber threats are also propelling their use to connect multiple devices to a network and identify threats, such as potential hacks or malware. Furthermore, the emerging trend of connected and modern vehicles is positively influencing the deployment of fog computing displays for car-to-car connectivity. Moreover, governments of several countries are investing in developing smart cities, which is creating a positive market outlook.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global fog computing market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on component, deployment models and application.
Breakup by Component:
Hardware
Gateways
Routers and Switches
IP Video Cameras
Sensors
Micro Data Center
Software
Fog Computing Platform
Customized Application Software
Breakup by Deployment Models:
Private Fog Node
Community Fog Node
Public Fog Node
Hybrid Fog Node
Breakup by Application:
Building and Home Automation
Smart Energy
Smart Manufacturing
Transportation and Logistics
Connected Health
Security and Emergencies
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being ADLINK Technology Inc., Cisco Systems Inc., Cradlepoint Inc. (Telefonaktiebolaget LM Ericsson), Dell Technologies Inc., FogHorn Systems, Fujitsu Limited, General Electric, Hitachi Vantara Corporation (Hitachi Ltd.), Huawei Technologies Co. Limited, International Business Machines Corporation, Oracle Corporation and Toshiba Corporation.
Key Questions Answered in This Report
- 1. How big is the global fog computing market?
- 2. What is the expected growth rate of the global fog computing market during 2023-2028?
- 3. What are the key factors driving the global fog computing market?
- 4. What has been the impact of COVID-19 on the global fog computing market?
- 5. What is the breakup of the global fog computing market based on the component?
- 6. What is the breakup of the global fog computing market based on the application?
- 7. What are the key regions in the global fog computing market?
- 8. Who are the key players/companies in the global fog computing market?
Product Code: SR112023A4729
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Fog Computing Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Component
- 6.1 Hardware
- 6.1.1 Market Trends
- 6.1.2 Key Segments
- 6.1.2.1 Gateways
- 6.1.2.2 Routers and Switches
- 6.1.2.3 IP Video Cameras
- 6.1.2.4 Sensors
- 6.1.2.5 Micro Data Center
- 6.1.3 Market Forecast
- 6.2 Software
- 6.2.1 Market Trends
- 6.2.2 Key Segments
- 6.2.2.1 Fog Computing Platform
- 6.2.2.2 Customized Application Software
- 6.2.3 Market Forecast
7 Market Breakup by Deployment Models
- 7.1 Private Fog Node
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Community Fog Node
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Public Fog Node
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Hybrid Fog Node
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
8 Market Breakup by Application
- 8.1 Building and Home Automation
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Smart Energy
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Smart Manufacturing
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Transportation and Logistics
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
- 8.5 Connected Health
- 8.5.1 Market Trends
- 8.5.2 Market Forecast
- 8.6 Security and Emergencies
- 8.6.1 Market Trends
- 8.6.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.1.1 United States
- 9.2 Asia-Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.2.1 China
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.3.1 Germany
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.4.1 Brazil
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 ADLINK Technology Inc.
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.1.3 Financials
- 14.3.2 Cisco Systems Inc.
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.2.3 Financials
- 14.3.2.4 SWOT Analysis
- 14.3.3 Cradlepoint Inc. (Telefonaktiebolaget LM Ericsson)
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.4 Dell Technologies Inc.
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.4.3 Financials
- 14.3.4.4 SWOT Analysis
- 14.3.5 FogHorn Systems
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.6 Fujitsu Limited
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.6.3 Financials
- 14.3.6.4 SWOT Analysis
- 14.3.7 General Electric
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.7.3 Financials
- 14.3.7.4 SWOT Analysis
- 14.3.8 Hitachi Vantara Corporation (Hitachi Ltd.)
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.9 Huawei Technologies Co. Limited
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.10 International Business Machines Corporation
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.10.3 Financials
- 14.3.10.4 SWOT Analysis
- 14.3.11 Oracle Corporation
- 14.3.11.1 Company Overview
- 14.3.11.2 Product Portfolio
- 14.3.11.3 Financials
- 14.3.11.4 SWOT Analysis
- 14.3.12 Toshiba Corporation
- 14.3.12.1 Company Overview
- 14.3.12.2 Product Portfolio
- 14.3.12.3 Financials
- 14.3.12.4 SWOT Analysis
- 14.3.1 ADLINK Technology Inc.
Product Code: SR112023A4729
List of Figures
- Figure 1: Global: Fog Computing Market: Major Drivers and Challenges
- Figure 2: Global: Fog Computing Market: Sales Value (in Million US$), 2017-2022
- Figure 3: Global: Fog Computing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 4: Global: Fog Computing Market: Breakup by Component (in %), 2022
- Figure 5: Global: Fog Computing Market: Breakup by Deployment Models (in %), 2022
- Figure 6: Global: Fog Computing Market: Breakup by Application (in %), 2022
- Figure 7: Global: Fog Computing Market: Breakup by Region (in %), 2022
- Figure 8: Global: Fog Computing (Hardware) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 9: Global: Fog Computing (Hardware) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 10: Global: Fog Computing (Software) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 11: Global: Fog Computing (Software) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 12: Global: Fog Computing (Private Fog Node) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 13: Global: Fog Computing (Private Fog Node) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 14: Global: Fog Computing (Community Fog Node) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 15: Global: Fog Computing (Community Fog Node) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 16: Global: Fog Computing (Public Fog Node) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 17: Global: Fog Computing (Public Fog Node) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 18: Global: Fog Computing (Hybrid Fog Node) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 19: Global: Fog Computing (Hybrid Fog Node) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 20: Global: Fog Computing (Building and Home Automation) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 21: Global: Fog Computing (Building and Home Automation) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 22: Global: Fog Computing (Smart Energy) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 23: Global: Fog Computing (Smart Energy) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 24: Global: Fog Computing (Smart Manufacturing) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 25: Global: Fog Computing (Smart Manufacturing) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 26: Global: Fog Computing (Transportation and Logistics) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 27: Global: Fog Computing (Transportation and Logistics) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 28: Global: Fog Computing (Connected Health) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 29: Global: Fog Computing (Connected Health) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 30: Global: Fog Computing (Security and Emergencies) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 31: Global: Fog Computing (Security and Emergencies) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 32: North America: Fog Computing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 33: North America: Fog Computing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 34: United States: Fog Computing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 35: United States: Fog Computing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 36: Canada: Fog Computing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 37: Canada: Fog Computing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 38: Asia-Pacific: Fog Computing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 39: Asia-Pacific: Fog Computing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 40: China: Fog Computing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 41: China: Fog Computing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 42: Japan: Fog Computing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 43: Japan: Fog Computing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 44: India: Fog Computing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 45: India: Fog Computing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 46: South Korea: Fog Computing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 47: South Korea: Fog Computing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 48: Australia: Fog Computing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 49: Australia: Fog Computing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 50: Indonesia: Fog Computing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 51: Indonesia: Fog Computing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 52: Others: Fog Computing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 53: Others: Fog Computing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 54: Europe: Fog Computing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 55: Europe: Fog Computing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 56: Germany: Fog Computing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 57: Germany: Fog Computing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 58: France: Fog Computing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 59: France: Fog Computing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 60: United Kingdom: Fog Computing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 61: United Kingdom: Fog Computing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 62: Italy: Fog Computing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 63: Italy: Fog Computing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 64: Spain: Fog Computing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 65: Spain: Fog Computing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 66: Russia: Fog Computing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 67: Russia: Fog Computing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 68: Others: Fog Computing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 69: Others: Fog Computing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 70: Latin America: Fog Computing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 71: Latin America: Fog Computing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 72: Brazil: Fog Computing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 73: Brazil: Fog Computing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 74: Mexico: Fog Computing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 75: Mexico: Fog Computing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 76: Others: Fog Computing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 77: Others: Fog Computing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 78: Middle East and Africa: Fog Computing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 79: Middle East and Africa: Fog Computing Market: Breakup by Country (in %), 2022
- Figure 80: Middle East and Africa: Fog Computing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 81: Global: Fog Computing Industry: SWOT Analysis
- Figure 82: Global: Fog Computing Industry: Value Chain Analysis
- Figure 83: Global: Fog Computing Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Fog Computing Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Fog Computing Market Forecast: Breakup by Component (in Million US$), 2023-2028
- Table 3: Global: Fog Computing Market Forecast: Breakup by Deployment Models (in Million US$), 2023-2028
- Table 4: Global: Fog Computing Market Forecast: Breakup by Application (in Million US$), 2023-2028
- Table 5: Global: Fog Computing Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 6: Global: Fog Computing Market: Competitive Structure
- Table 7: Global: Fog Computing Market: Key Players
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