Press "Enter" to skip to content

Edge Computing Market Trends 2019 – Competitive Analysis by Demand Status, Valuable Insights of Business, Product Scope, Driving Factors Forecast to 2024

Edge

The “Edge Computing Market” report 2019 provides information for market players, stakeholders, investors, and business strategists to achieve a leading position the market. It maintains the record of Unusual growth strategies adopted by various companies are creating new standards for competition in the global Edge Computing market. Businesses around the world are aiming at increasing their profit margin and establishing a stronghold in the global market. The impact of prevailing regulatory scenario on both regional and worldwide Edge Computing market is provided in detail in the report.

Get a Sample Copy of the Report – https://www.industryresearch.co/enquiry/request-sample/14245177  

Edge Computing Market Covers Key Players:

  • Microsoft Corporation
  • Google LLC (Coral)
  • Foghorn Systems
  • Huawei Technologies Co. Limited
  • Cisco Systems Inc
  • Hewlett Packard Enterprise Company
  • Juniper Networks
  • Dell EMC
  • Aricent Inc.
  • Machineshop
  • ADLINK Technology Inc.
  • General Electric Company
  • Amazon Web Services Inc.

    Market Overview:

  • The edge computing market (henceforth, referred to as the market studied) was valued at USD 1272.2 million in 2018, and it is expected to reach USD 6959.2 million by 2024, registering a CAGR of 34.%, during the forecast period of 2019-2024. The development of processing-intensive applications involving IoT, artificial intelligence, and machine learning, which consume larger data sets and perform massive algorithmic parallelism on models has promoted the demand for localized computer, data storage, and network resources. Therefore, along with IoT and IIoT, the adoption of AI and ML also supports the growth of edge computing.
  • – With the advancement in IoT, artificial intelligence, a new concept is coming in the market i.e., smart city initiatives that support the implementation of edge computing by telecom/carriers that are responsible for deploying the required network. Many US and European cities have already launched smart city initiatives and the initiatives are growing across the Asian and Middle Eastern regions.
  • – Another factor that is driving the edge computing market is 5G cellular technologies, which delivers massive bandwidth and supports a range of devices, from smartphones to autonomous vehicles and large-scale IoT. They are highly reliant on edge computing infrastructure, as the time taken for data to travel over the fiber networks connecting the radios on the towers to the network core is reducing.
  • – One of the main challenges for edge computing is the lack of a common security framework. Essentially, edge computing shares the same security challenges as the IoT, i.e., the devices are often small and not built with security considerations. Therefore, the security configuration and software updates, which are often needed through the lifecycle of the device, is not present.

    Report Highlights:

    • The report provides a detailed analysis on current and future market trends to identify the investment opportunities
    • Market forecasts till 2024, using estimated market values as the base numbers
    • Key market trends across the business segments, Regions and Countries
    • Key developments and strategies observed in the market
    • Market Dynamics such as Drivers, Restraints, Opportunities and other trends
    • In-depth company profiles of key players and upcoming prominent players
    • Growth prospects among the emerging nations through 2024
    • Edge Computing Market opportunities and recommendations for new investments

    For More Information or Query or Customization Before Buying, Visit athttps://www.industryresearch.co/enquiry/pre-order-enquiry/14245177

    Scope of the Report:

  • With different technological innovations, such as sensors and other data producing and collecting devices, the analysis tools enterprises across industries are beginning to drive new levels of performance and productivity. Therefore, a distributed computing paradigm that brings computer data storage closer to the location where it is needed is called edge computing in gaining traction.

    Key Market Trends:

    BFSI to be the Prominent Industry to Adopt Edge Computing Solutions

    – Financial and banking industry (BFSI) is one of the largest end users of edge computing, globally. Increasing the adoption of digital and mobile banking initiatives, advanced platforms, such as blockchain and payment through wearable and mobile technology, are fueling the demand for edge computing solutions in the financial and banking industry sector.
    – With the growth of smartphones, banks are deploying payment apps and services which are compatible with smartphones. They also ensure that consumers have effortless payments with maximum security and processing speeds. These features act as a supplement for the growth of the financial and banking industries. For example, the Barclays bank supports payment through smart watches, such as Apple watch and Fitbit, through its bPay.
    – According to a report published by Credit Suisse on “Digital Payment Statistics”, India is witnessing a high penetration of internet speed and consumer awareness and the digital payment is expected to increase at a higher rate. This will help the banking payments to grow at a healthy rate.

    Asia-Pacific to Witness Highest Growth Rate

    – Asia-Pacific is a very diverse region, China, India, Australia, and Japan are pioneering development in cloud services. This region is destined to be the major market for edge computing as it is best poised to solve the challenge of additional IT resource requirements, due to the availability of skilled labor.
    – Asia-Pacific is the most populous, due to which a considerable amount of cloud traffic from this region was reported by Cisco in their report, in 2018. As cloud penetration increases in this region, a shift from cloud computing to edge computing is expected. Businesses and governments in this region have shown more inclination toward storing and processing data locally.

    Purchase this Report (Price 4250 USD for single user license) – https://www.industryresearch.co/purchase/14245177

    Detailed TOC of Edge Computing Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Introduction to Market Drivers and Restraints
    4.3 Market Drivers
    4.3.1 Widespread Adoption and Growth of Latency-specific Applications
    4.3.2 Evolving Network Technologies
    4.4 Market Restraints
    4.4.1 Lack of a Common Security Framework
    4.5 Value Chain / Supply Chain Analysis
    4.6 Industry Attractiveness – Porter’s Five Forces Analysis
    4.6.1 Threat of New Entrants
    4.6.2 Bargaining Power of Buyers/Consumers
    4.6.3 Bargaining Power of Suppliers
    4.6.4 Threat of Substitute Products
    4.6.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 By Component
    5.1.1 Hardware
    5.1.2 Software
    5.1.3 Services
    5.2 By End User
    5.2.1 Financial and Banking Industry
    5.2.2 Retail
    5.2.3 Healthcare and Life Sciences
    5.2.4 Industrial
    5.2.5 Energy and Utilities
    5.2.6 Telecommunications
    5.2.7 Other End Users
    5.3 Geography
    5.3.1 North America
    5.3.2 Europe
    5.3.3 Asia-Pacific
    5.3.4 Latin America
    5.3.5 Middle East & Africa

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 Microsoft Corporation
    6.1.2 Google LLC (Coral)
    6.1.3 Foghorn Systems
    6.1.4 Huawei Technologies Co. Limited
    6.1.5 Cisco Systems Inc
    6.1.6 Hewlett Packard Enterprise Company
    6.1.7 Juniper Networks
    6.1.8 Dell EMC
    6.1.9 Aricent Inc.
    6.1.10 Machineshop
    6.1.11 ADLINK Technology Inc.
    6.1.12 General Electric Company
    6.1.13 Amazon Web Services Inc.

    7 INVESTMENT ANALYSIS

    8 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

    Contact Us:

    Name: Ajay More

    Phone: US +14242530807/ UK +44 20 3239 8187

    Email: [email protected]

    Our Other Reports:

    Potassium Chloride Market 2019: Global Industry Trends, Future Growth, Regional Overview, Market Share, Size, Revenue, and Forecast Outlook till 2024

    Vaccines & Vaccination Market 2019 Research by Industry Top Manufacture, Business Opportunities, Industry Share Report, Industry Growth, Size, Regional Analysis and Global Forecast to 2026 | Industry Research Biz

    Motor Vehicle Leasing Market 2019 Global Size, Share, Business Growth, Regional Trends, Opportunities, Sales Revenue and Comprehensive Research Study 2023

    Fireclay Tile Industry 2019 | Global Market Size, Share, Revenue, Emerging Trends of Top Companies, and Development Forecast to 2023

  • Be First to Comment

    Leave a Reply

    Your email address will not be published. Required fields are marked *