Albany, NY -- (SBWire) -- 11/13/2018 --The global edge computing market is gaining from the challenges arising from the overuse of traditional centralized cloud computing architecture. Edge computing is a means of utilizing cloud computing by scrutinizing and processing the data at the periphery of the network, in close proximity to the source where it is created. Mobile computing, decreasing cost of computer components, and the large number of networked devices involved in Internet of Things (IoT) architecture are some of the key factors that are pushing the adoption of edge computing architecture.
One of the key factors driving the edge computing market is the proliferation of Inter of Things. Edge computing enables data generated by Internet of Things (IoT) devices to be processed as close to the source where it is created which eliminates the need to send it to data centers or clouds. Today, IoT has revolutionized the operating capability of humans, wherein IoT devices such as smartphones, virtual technology, and digital wearable among others have changed person's routine life and increased the frequency of routine tasks.
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IoT offers advantages of ubiquitous network, process optimization, connected devices, sensor driven decision analytics, and marketing automation for enterprises that are driving its adoption across several industries. As a result, the significant increase in load on cloud impacting its functionality and response speed has posed the need to process or store critical data locally.
Edge computing deployments are ideally suited in a number of situations. One is when IoT devices have insufficient connectivity and it is not feasible for IoT devices to be seamlessly connected to a central cloud. High latency, low spectral efficiency, and non-adaptive machine type of communication are some of the serious challenges of cloud computing framework that is leading to a shift to computing to the edge devices of the network.
The report looks into the competitive landscape of global edge computing market, wherein key players are positioned according to the competitive hierarchy and recent developments in the recent past.
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Microsoft Corporation, IBM Corporation, Cisco Systems Inc., Google Inc., Hewlett Packard Enterprise Company, Intel Corp, Schneider Electric SE, Nokia Corporation, Huawei Technologies Co. Ltd., and Aricent Inc. are the key companies operating in the global edge computing market that have been profiled in this report.
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