Global edge computing market will be worth US$8,024.5 mn in 2017 and further become worth US$13,313.7 mn by the end of 2022 at a CAGR of 10.7% therein.
Albany, NY -- (SBWIRE) -- 11/25/2017 -- The global market for edge computing has been motivated with the different types of developments which are causing the sector to grow at a steady rate. To learn more about the concerned market, a fresh study has been included to the wide database handled by Market Research Hub (MRH). This research report titled "Edge Computing Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2022", includes primary data related to the global edge computing market's evolution considering the forecast period (2017-2022) in terms of revenue (in US$ Mn).
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This intelligent report has been framed so as to educate the readers about the actual scenario prevailing in the global edge computing market. Under the market overview section, details related to current market dynamics including drivers, restraints, and opportunities can be grasped. Furthermore, key market indicators and key trends are part of this section too. According to active market insights, the global market is estimated to reach 10. 7% CAGR during the forecast period between 2017 and 2022. Noticing this pace, the market's projected valuation of US$8,024.5 mn in 2017 might soon grow to become US$13,313.7 mn by the end of 2022.
It is interesting to know that, the report encloses all the essential information necessary to comprehend developments across the global edge computing market. It covers knowledge about the growth strategies of key companies that will help them gain competitive advantage in the near future. The later section focuses on the market segmentation based on component, end-user, application, and region. This report studies each of these segments on the basis of evaluation factors including Y-o-Y growth, revenue and market size.
On the basis component, the global edge computing market is bifurcated into hardware, software, and services. Further, on the basis of end-user, the prime segmentations include education, healthcare, surveillance, automotive and others. At present, the major applications of edge computing studied in the report are IoT, data monitoring, analytics, and others.
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The final section of the report discourses data about the competitive landscape. Under this section, the key players are placed according to the competitive hierarchy as well as recent developments in the current past. Some of the leading players from the edge computing industry are Microsoft Corporation, IBM Corporation, Google Inc., Cisco Systems Inc., Hewlett Packard Enterprise Company, Schneider Electric SE, Intel Corp, Nokia Corporation, Aricent Inc. and Huawei Technologies Co. Ltd.
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