Edge Computing Market, By Deployment (On-Premise and Cloud), By Component (Hardware and Software), B

Published Date: | Report Code : IT1949527

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Edge Computing Market is projected to register high demand during the forecast period with increasing demand from major end-use industries such as surveillance, gaming & media, automotive, healthcare, and education  during the forecast period. Due to the increase in the demand for smart devices, smart glasses, smart watches, etc., there has been a brisk rise in IoT data. The edge computing technique helps in processing and collection of this IoT generated data.

Segment Analysis

The global edge computing market has been segmented on the basis of deployment, component, and end user.

On the basis of deployment, the market has been divided into on-premise and cloud. On-premise deployment is majorly carried out due to its ease of convenience. However, due to rapid technological advancements and the introduction of 5G, there has been a significant rise in the demand for cloud deployment, as it reduces latency.

Based on the component, the market has been segmented into hardware and software. As on-premise is widely used, the hardware component is majorly used than software. However, as the demand for cloud computing is increasing, there is a rise in the demand for software too.

Based on end user, the market has been divided into surveillance, gaming & media, automotive, healthcare, and education. Among these, the surveillance segment majorly uses edge computing for security purposes.

Key Factors Impacting Market Growth:

  • Increasing load on cloud
  • Introduction of 5G network
  • Provides optimum network efficiency in industrial applications
  • Rising demand for low-latency in computing 

Key Developments

  • In May 2017, Cisco and Microsoft entered a partnership to connect Azure IoT suite with Cisco fog deployment.
  • Huawei partnered with China Mobile Communications and launched a pilot project, which was based on the multi-access edge computing for the smart stadium at Beijing South Railway Station in July 2017.
  • An innovative edge-to-enterprise analytics platform for IoT applications was launched by Cisco and SAS in February 2017.

Regional Outlook:

By region, the edge computing market is estimated to be dominated by North America, Western Europe, and Asia Pacific during the forecast period. With technological advancements and cluster of global companies operating in these regions, these regions hold key to the growth and development of edge computing market during the forecast period. Most of the leading companies have operations in these regions to cater the potential end users in the respective region. 

The North America edge computing market is further segmented by US, Canada, and Mexico, whereas Germany, UK, France, Italy are estimated to be some of the major markets in Western Europe.  Asia Pacific region is segmented by China, Japan, South Korea, India and Australia. Middle East and Eastern Europe are estimated to be potential markets with growing demand during the forecast period. Major countries in these regions include Russia, UAE, Saudi Arabia, Israel, and others.

Companies Covered: Cisco Systems Inc., Microsoft Corporation, International Business Machines Corporation, Instant Data Centers, Fujitsu Limited, Amazon Web Services, Nokia Corporation, AT&T Inc., Huawei Technologies Co. Ltd., and FogHorn Systems Inc.

Market Segmentation:

By Deployment:

  • On-Premise
  • Cloud

By Component:

  • Hardware
  • Software

By End User:

  • Surveillance
  • Gaming & Media
  • Automotive
  • Healthcare
  • Education 

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Deployment
    • By Component
    • By End User
  • Western Europe
    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
    • By Deployment
    • By Component
    • By End User
  • Eastern Europe
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Deployment
    • By Component
    • By End User
  • Asia Pacific
    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
    • By Deployment
    • By Component
    • By End User
  • Middle East
    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
    • By Deployment
    • By Component
    • By End User
  • Rest of the World
    • By Region (South America, Africa)
    • By Deployment
    • By Component
    • By End User

Reasons to Buy This Report:

  • Market size estimation of the global edge computing market on a regional and global basis
  • The unique research design for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

  • By Segment
  • By Sub-segment
  • By Region/Country

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