Press Release

Demand from the Rising IoT Devices Will Help the Edge Computing Market to Grow During the Forecast Period

Growing adoption of IoT (Internet of Things) market, coupled with increasing demand for lower latency and higher bandwidth across numerous industries is driving the global edge computing market.

According to TechSci Research report, “Edge Computing Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F”

The global edge computing market is growing owing to the increasing digital transformation in industries, rising penetration of internet and mobile devices in emerging countries across the world. Moreover, the rising adoption of Internet of Things (IoT), cloud computing, 5G, use of real-time analytics enabled by Artificial Intelligence (AI) and Machine Learning (ML) is expected to positively influence the global edge computing market during the forecast period. The extensive use of edge computing in various sectors including private organizations, government, retail, healthcare, education, among others is anticipated to act as a catalyst in the growth of the market globally.

Edge computing centers work on processing and technology actions performed outside centralized data centers and closer to the network edges. For the government, the term primarily refers to systems that serve as intermediaries between connected endpoints and the core IT environment. Modern government edge systems are distributed, software-defined, and flexible. The government is uniquely positioned to offer edge-based services across a set geographic area. Both government employees and citizens can interact.

The severe acceleration in the request for edge computing is expected to persist for the next three to four years, following the COVID-19 pandemic, as the strain on expanding the core network is not able to diminish soon. Working from home, the new normal, and the healthcare system reaching saturation point with online consultations are predicted to give birth to a network architecture requiring minimal connectivity and robust security. Telecom firms are likely to seize on this possibility since setting up advanced facilities as well as establishing full-sized data centers will outweigh the cost of edge facilities per unit. This financial advantage can hasten the transition of telecom firms to large-scale data center development during the forecast period.

Browse over XX market data Figures spread through XX Pages and an in-depth TOC on the "Global Edge Computing Market."

Based on deployment, the market is bifurcated into on-premises and cloud. Based on component, the market is divided into hardware, software, services and edge-managed platforms. In terms of hardware by type the market is segmented into edge nodes/gateways (servers), sensors/routers and others, while in terms of hardware by end point devices the market is divided into cameras, drones, HMD, robots and others. Based on organization size the market is segmented into large enterprises and small & medium enterprises. Based on application, the market is split into IoT, remote monitoring, content delivery, video analytics, AR/VR and others. Based on industry vertical, the market is segmented into industrial, energy & utility, healthcare, agriculture, transportation & logistics, retail, datacenters, wearables and smart cities, homes & buildings. On the basis of region, the market is divided into North America, Europe, Asia-Pacific, South America, and Middle East & Africa.

Service providers are spending a lot of money on evaluation and analysis of the computing technology to improve the service offerings and services for the edge computing services across the globe. Operational effectiveness, technological advancements, and performance optimization are all products of R&D activities. One of the main factors driving the expansion of the market for Edge Computing is the rise in demand of the IoT devices across the globe.

Key market players in the Edge Computing market include:

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.
  • FogHorn Systems Inc.

The sensormatic video-based AI solution based on edge computing technology offered by Intel helped various retailers in opening stores during the COVID-19 pandemic by tracking and monitoring, while maintaining social distancing.

The ViewSonic digital whiteboard experience offered by Intel uses vision and edge technology to create the classroom experience for students and teachers who can engage in distance learning. Philips enhanced AI inference for medical imaging by 188% on current CT scan equipment using edge computing technology.

Download Free Sample Report

Customers can also request 10% free customization on this report.

“Ongoing advancements in edge computing with multi-functional edge computing approaches which is expected to break the technological barriers between the service providers are boosting the global edge computing market during the forecast period. The extensive need for security and storage of data for gaming services from the computing along with the entertainment services such as music and movies are a boosting factor for the market globally. Moreover, supportive government policies for edge computing services all over the globe with emerging technologies has also been positively influencing the market with a continuous urge for launching new service plans in the upcoming years,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

“Edge Computing Market By Deployment (On-Premises, Cloud), By Component (Hardware(Hardware By Type (Edge Nodes/Gateways (Servers), Sensors/Routers, Others) Hardware By End Point Devices (Cameras, Drones, HMD, Robots, Others), Software, Services, Edge-managed Platforms), By Organization Size (Large Enterprises, Small & Medium Enterprises), By Application (IoT, Remote Monitoring, Content Delivery, Video Analytics, AR/VR, Others), By Industry Vertical (Industrial, Energy & Utility, Healthcare, Agriculture, Transportation & Logistics, Retail, Datacenters, Wearables, Smart Cities, Homes & Buildings), By Region, Competition”, has evaluated the future growth potential of edge computing and provides statistics and information on market structure, size, share, and future 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 the Global Edge Computing Market.


Mr. Ken Mathews

708 Third Avenue,

Manhattan, NY,

New York – 10017

Tel: +1-646-360-1656

Email: [email protected]


Relevant News