Edge computing hardware market is expected to grow at a significant CAGR during the forecast period. Edge computing refers to the distributed computing paradigm, which is mostly used to bring computing and data storage closer to the location, to improve the response time. The analysis tools used across industries are beginning to drive new levels of performance and productivity. Therefore, the distributed computing paradigm, called edge computing, is gaining traction.
Although the adoption is presently not common, over the forecast period, some large enterprises, especially across industries, such as telecom and manufacturing, are expected to use edge computing, especially with IoT. With more than 50 billion connected devices, Huawei predicts that, by 2020, over 50% of data may be analyzed, processed, and stored in the network edge.
The global edge computing hardware market analysis includes some of the key market players such as Microsoft Corporation, Google LLC (Coral.AI), FogHorn Systems, Huawei Technologies Co. Limited, and Cisco Systems Inc. among others. To maintain a strong position in the market, these market players are adopting various strategic moves, such as product launches, partnerships, collaborations, and mergers and acquisitions.
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Market Coverage
- The market number available for – 2022-2030
- Base year- 2022
- Forecast period- 2023-2030
- Segment Covered
- By Component
- By Application
- By Organization Size
- By Vertical
- Competitive Landscape: Microsoft Corporation, Google LLC (Coral.AI), FogHorn Systems, Huawei Technologies Co. Limited, and Cisco Systems Inc. among others.
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Edge Computing Hardware Market by Segment
By Component
- Hardware
- Software
- Service
By Application
- Smart Cities
- IIOT
- Remote Monitoring
- Others
By Organization Size
- SMEs
- Large Enterprises
By Vertical
- Financial and Banking Industry
- Retail
- Healthcare and Life Sciences
- Industrial
- Energy and Utilities
- Telecommunications
- Others
Global Edge Computing Hardware Market by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
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- We cover more than 15 major industries, further segmented into more than 90 sectors.
- More than 120 countries are for analysis.
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