New York, NY -- (SBWIRE) -- 06/04/2019 -- A recent market study on the Edge Computing market applies both primary and secondary research techniques to identify new opportunities for development for the Edge Computing market for the forecast period, 2018 -2023. The research further screens and analyses data on the market share, growth rate and size to enable stakeholders, product owners and field marketing executives identify the low-hanging fruits and reap a significant return on their investment. Importantly, the data on the current business environment of the Edge Computing market proves a boon for companies trying to identify next leg for growth.

The global edge computing market is forecasted to reach USD 8.96Bn by 2023, expanding at CAGR of 32.6%. Edge computing brings data processing nearer to IoT sensors, to decrease latency and improve efficiency. The internet of things are driven by huge volumes of data generated from activities in our day-to-day lives. Collecting, sending, and processing the massive quantities of data requires companies to act intelligently, quickly, and make better business decisions. Edge computing is a network of data centers that store and process data locally before sending them or cloud. It optimizes computing to avoid disruptions in sending and receiving data.

This report focuses on the global top players which are:: Cisco Systems, Inc, Microsoft Corporation, IBM, Google, Amazon, SAP, Oracle, Huawei Technologies Co.Ltd, and Intel. .

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The global edge computing market is further classified into applications and end users. Based on applications, it is further sub-classified into smart cities, smart factories, connected healthcare, connected vehicles, smart grids, and other. Other applications include edge computing in gaming and e-commerce. Smart cities holds the most significant market share. The rising trend of urbanization is expected to initiate smart city projects to resolve various urban problems using ICT as a base. This will result in the increased application of edge computing in this domain.

Based on end users industries:
edge computing networks will be used in the manufacturing sector, energy and utility sector, IT and telecommunication, healthcare and life sciences, and consumer appliances. The IT and telecommunication sector is expected to grab the most significant market share and expand at the highest CAGR. Edge computing is expected to play an active role in LTE networks and assets , as well as the 5G revolution.

Key growth factors:
The rising number of devices that are connected to artificial intelligence require a lot of real-time analysis. Relying on traditional cloud computing is difficult. That is why it is predicted that edge computing would be the next big trend after cloud.

To avoid network congestions, service providers are deploying a system on the internet that caches the information close to the users by duplicating the content on multiple servers. This is an example of edge computing.

Threats:
The crucial challenges faced in deploying edge computing are complications in discovering the edge nodes, and uncompromising quality of services and quality of experiences

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How geography and sales fit together
The study works as a boon for all business owners trying to identify the exact size of the target audience in a specific geographic location. Edge Computing enables entrepreneurs to determine the regional market for their business expansion. The study answers the questions below:
- Where do the requirements come from?
- Where do non-potential customers reside?
- What is the buying behaviour of the customers dwelling in a particular area?
- What is the spending power of the customers in a specific region?

Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:
- United States
- Europe
- China
- Japan
- Southeast Asia
- India

We can also provide the customized separate regional or country-level reports, for the following regions:
North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa

In this study, the years considered to estimate the market size of Conveyor Ovens are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2023

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Most important Topics covered in this report are:
1. Market Trends & Issues
2. Growth Drivers & Enablers
3. Growth Inhibitors
4. Opportunities and Challenges
5. Recent Industry Activity
6. Product Innovations & Trends
7. Coverage of Major & Niche Players
8. Comprehensive Geographic Coverage
9. Extensive Product Coverage

What is covered in the report?
1. Overview of the Edge Computing market.
2. Current market demand along with future expected demand trend of Edge Computing services from various types of Edge Computing including pure and hybrid Edge Computing.
3. Current and forecasted regional (North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa) market size data for Edge Computing market.
4. Current and forecasted market size data for types of client asset segment including pension funds, insurance companies, sovereign wealth funds, high-net-worth individuals and the mass affluent.
5. Analysis of company profiles of major players operating in the market.
6. Key opportunities for the Edge Computing market.
7. Market trends in the global Edge Computing market.
8. Value chain analysis in order to optimize the available resources.
9. Market attractiveness analysis in terms of region in order to furnish the competitive advantage of one region over the other.
10. Market positioning of the key players across different regions in 2017.

Why buy?
o Understand the demand for global Edge Computing to determine the viability of the market.
o Identify the developed and emerging markets where Edge Computing services are offered.
o Identify the challenge areas and address them.
o Develop strategies based on the drivers, trends and highlights for each of the segments.
o Evaluate the value chain to determine the workflow and to get an idea of the current position where you are placed.
o Recognize the key competitors of this market and respond accordingly.
o Knowledge of the initiatives and growth strategies taken up by the major companies and decide on the direction for further growth.
o Define the competitive positioning by comparing the products and services with the key players in the market.

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Key points from table of content:
Chapter 1: Executive summary

1.1. Market scope and segmentation
1.2. Key questions answered in this study
1.3.1. Executive summary (i)
1.3.2. Executive summary (ii)
1.3.3. Executive summary (iii)
1.3.4. Executive summary (IV)
1.3.5. Executive summary (v)
1.3.5. Executive summary (VI)

Chapter 2: Global edge computing market overview

2.1. Global - market overview
2.2. Global-market drivers
2.3. Global-market trends
2.4. Global-market challenges
2.5. Value chain
2.6.1. Global - applications (smart city)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), drivers, trends
2.6.2. Global - applications (smart factory)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), drivers, trends
2.6.3. Global - applications (connected healthcare)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), drivers, trends
2.6.4. Global - applications (connected vehicle)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), drivers, trends
2.6.5. Global - applications (smart grid)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), drivers, trends
2.6.6. Global - applications (other)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), drivers, trends
2.7.1. Global - end-user industries (manufacturing)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), drivers, trends
2.7.2. Global - end-user industries (energy and utility)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), drivers, trends
2.7.3. Global - end-user industries (IT and telecommunications)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), drivers, trends
2.7.4. Global - end-user industries (healthcare and life science)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), drivers, trends
2.7.5. Global - end-user industries (consumer appliance)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), drivers, trends
2.7.6. Global - end-user industries (transportation and logistics)-historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), drivers, trends
Continued….

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