Increasing Mobile Data Traffic Driving the Growth of the Edge Data Center Market
As per a study conducted by P&S Intelligence, the global edge data center market is projected to generate a revenue of $53.1 billion by 2030, advancing at a 25.4% CAGR during the time period 2020–2030. The market is registering growth due to the increasing over-the-top and mobile data traffic, surging penetration of internet of things (IoT), and rapid 5G proliferation. On the basis of application, the IT & telecom division accounted for the largest share of the market in 2019.
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