Fog Networking Market Report: Trends, Forecast and Competitive Analysis to 2030

Fog Networking Trends and Forecast

The future of the global fog networking market looks promising with opportunities in the building & home automation, smart manufacturing, connected healthcare, smart energy, and transportation & logistics markets. The global fog networking market is expected to reach an estimated $633.0 million by 2030 with a CAGR of 16.2% from 2024 to 2030. The major drivers for this market are increasing penetration of internet of things (IoT), on-going advancements of edge computing infrastructure, and growing demand for real-time computing.

A more than 150-page report is developed to help in your business decisions.

Fog Networking by Segment

The study includes a forecast for the global fog networking by component, application, and region

Fog Networking Market by Component [Shipment Analysis by Value from 2018 to 2030]:

• Hardware
• Software
• Service

Fog Networking Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Building and Home Automation
• Smart Manufacturing
• Connected Healthcare
• Smart Energy
• Transportation and Logistics
• Others

Fog Networking Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Fog Networking Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies fog networking companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the fog networking companies profiled in this report include-

• Fujitsu
• Intel Corporation
• Amazon Web Services
• Dell
• Huawei Technologies
• IBM Corporation
• Google Cloud Platform
• Arista Networks
• Cisco Systems
• Microsoft Corporation

Fog Networking Market Insights

Lucintel forecasts that hardware will remain the largest segment over the forecast period due to the expanding utilization of fog networking tools and equipment, such as edge servers, routers, gateways, and sensors.

Within this market, transportation & logistics will remain the largest segment.

North America is expected will remain the largest region over the forecast period due to rising trend of connected cars and early adoption of advanced technology in the region.

Features of the Global Fog Networking Market

Market Size Estimates: Fog networking market size estimation in terms of value ($M).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Fog networking market size by component, application, and region in terms of value ($M).

Regional Analysis: Fog networking market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different components, applications, and regions for the fog networking market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the fog networking market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q.1 What is the fog networking market size?

Answer: The global fog networking market is expected to reach an estimated $633.0 million by 2030.

Q.2 What is the growth forecast for fog networking market?

Answer: The global fog networking market is expected to grow with a CAGR of 16.2% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the fog networking market?

Answer: The major drivers for this market are increasing penetration of internet of things (IoT), on-going advancements of edge computing infrastructure, and growing demand for real-time computing.

Q4. What are the major segments for fog networking market?

Answer: The future of the fog networking market looks promising with opportunities in the building & home automation, smart manufacturing, connected healthcare, smart energy, and transportation & logistics markets.

Q5. Who are the key fog networking market companies?

Answer: Some of the key fog networking companies are as follows:

• Fujitsu
• Intel Corporation
• Amazon Web Services
• Dell
• Huawei Technologies
• IBM Corporation
• Google Cloud Platform
• Arista Networks
• Cisco Systems
• Microsoft Corporation

Q6. Which fog networking market segment will be the largest in future?

Answer: Lucintel forecasts that hardware will remain the largest segment over the forecast period due to the expanding utilization of fog networking tools and equipment, such as edge servers, routers, gateways, and sensors.

Q7. In fog networking market, which region is expected to be the largest in next 5 years?

Answer: North America is expected will remain the largest region over the forecast period due to rising trend of connected cars and early adoption of advanced technology in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the fog networking market by component (hardware, software, and service), application (building & home automation, smart manufacturing, connected healthcare, smart energy, transportation & logistics, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?