Retail Edge Computing Market is expected to grow at a CAGR of 20.88% through 2030F
The
global Retail Edge Computing Market is expected to be led by North America,
driven by advanced technological infrastructure and high adoption rates in the
retail sector during the forecast period 2026-2030F
According to TechSci Research report, “Retail Edge Computing Market -
Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2030F,
The Global Retail Edge Computing Market was valued at USD 4.87 billion in
2024 and is expected to reach USD 15.19 billion by 2030 with a CAGR of 20.88%
through 2030F.
Security and
privacy concerns have become paramount in the retail sector, especially with
the increasing number of data breaches and cyber threats. As retailers collect
more customer data, including payment information, shopping preferences, and
even biometric data, ensuring the security and privacy of this information is
critical. Edge computing addresses these concerns by processing sensitive data
locally, rather than transmitting it to centralized cloud servers, reducing the
risk of data interception during transmission. Retailers are increasingly
seeking ways to ensure that their customer data remains secure while still
enabling advanced analytics and personalized experiences. By processing data
on-site at the edge, sensitive information can be kept within the store’s
network, reducing the potential for breaches associated with transmitting data
over long distances. Retailers can implement stronger security protocols and
real-time monitoring systems at the edge to detect and respond to security
threats faster. Edge computing also supports compliance with data privacy
regulations, such as the General Data Protection Regulation (GDPR), by ensuring
that personally identifiable information is processed locally and only shared
when necessary. The enhanced security and privacy benefits provided by edge
computing are a critical factor driving its adoption in the retail sector.
The rollout
and expansion of 5G networks is another critical trend fueling the growth of
the retail edge computing market. The ultra-low latency and high-speed
capabilities of 5G networks make them a perfect complement to edge computing,
particularly in retail environments that require fast, real-time data
processing. As retailers increasingly adopt connected devices such as Internet
of Things sensors, smart shelves, and digital signage, the need for a robust,
high-speed network becomes more pronounced. 5G enhances edge computing by
enabling faster communication between edge devices and centralized cloud
systems when necessary, while also improving the performance of edge
applications. This increased network speed helps retail businesses leverage the
full potential of edge computing, facilitating innovations like augmented
reality experiences, real-time inventory management, and personalized customer
experiences. With 5G, retailers can transmit larger volumes of data from edge
devices without compromising on speed or quality, allowing for smoother
operations and quicker response times. The continuous expansion of 5G networks
will drive further adoption of edge computing in retail, enabling more
sophisticated and efficient operations and a better overall customer
experience.
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Based
on Component, Hardware segment dominated the Retail Edge Computing Market in
2024 and maintain its leadership throughout the forecast period. The primary
reason for this dominance is the increasing deployment of edge devices such as
system-on-modules, sensors, gateways, and edge computing servers in retail
environments. These hardware components are critical for processing data
locally, ensuring real-time analytics, and enabling seamless operations across
various retail applications. With the growing adoption of Internet of Things
devices, which generate vast amounts of data, retail businesses rely on edge
hardware to facilitate efficient data processing at the point of generation,
thereby reducing latency and enhancing operational performance. The demand for
high-performance processors, such as those offered by leading technology
providers, is expected to rise as retailers require more powerful edge devices
to support complex analytics, artificial intelligence, and machine learning
applications at the edge. As the retail sector continues to embrace digital
transformation, the need for reliable and scalable hardware solutions will further
drive the growth of the hardware segment. Although software and services are
also integral to the retail edge computing ecosystem, hardware remains the
backbone, supporting the deployment and operational capabilities of edge
computing solutions. The ongoing advancements in hardware technologies,
combined with their crucial role in enabling real-time decision-making and
operational efficiency, will ensure that the hardware segment continues to lead
the market during the forecast period.
Asia
Pacific is the fastest-growing region in the **Retail Edge Computing Market**
due to rapid digital transformation and increasing adoption of advanced
technologies across retail businesses. The region's strong emphasis on Internet
of Things devices, e-commerce growth, and smart city initiatives fueling demand
for real-time data processing and improved customer experiences. Countries like
China, India, and Japan are heavily investing in 5G infrastructure, which
supports the deployment of edge computing solutions. The rise of retail
innovation, such as automated stores, personalized shopping experiences, and
inventory management systems, further accelerates the adoption of edge
computing in the retail sector across Asia Pacific, making it a key growth driver
in the market.
Key
market players in the Retail Edge Computing Market are:
-
- Amazon.com,
Inc.
- Microsoft
Corporation
- IBM
Corporation
- Intel
Corporation
- Cisco
Systems, Inc.
- Hewlett
Packard Enterprise Company
- NVIDIA
Corporation
- Google
LLC
- Oracle
Corporation
- Qualcomm
Incorporated
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“The
Retail Edge Computing Market is expected to grow significantly in the future as
retailers increasingly adopt real-time data processing to enhance customer
experiences and streamline operations. The rise of Internet of Things devices,
5G connectivity, and artificial intelligence will drive demand for edge
computing solutions that enable faster, localized data processing. Retailers
will leverage edge computing for personalized shopping experiences, inventory
management, and improved security. The need for reduced latency, cost
efficiency, and enhanced operational agility will further fuel market growth.
As technology advances, edge computing will become a core component of retail
digital transformation strategies worldwide.” said Mr. Karan Chechi, Research
Director of TechSci Research, a research-based global management consulting
firm.
“Retail Edge Computing
Market – Global Industry Size, Share, Trends, Opportunity, and Forecast,
Segmented By Component (Hardware, Software, Services), By Application (Smart
Cities, Industrial Internet of Things, Remote Monitoring, Content Delivery,
Augmented Reality, Virtual Reality, Others), By Organization Size (Small &
Medium Enterprises, Large Enterprises), By Region, By Competition, 2020-2030F” has evaluated the future growth
potential of Retail Edge Computing Market and provides statistics &
information on market size, structure, and future market growth. The report
intends to provide cutting-edge market intelligence and help decision makers
take sound investment decisions. Besides the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in Retail Edge Computing Market.
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