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Edge Computing Market by End-user and Geography - Forecast and Analysis 2021-2025

  • Published: Jul 2021
  • Pages: 140
  • SKU: IRTNTR41519
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The edge computing market share is expected to increase by USD 7.29 billion from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 26.47%. This edge computing market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. The edge computing market report also offers information on several market vendors, including Cisco Systems Inc., Dell Technologies Inc., Hewlett Packard Enterprise Co., Huawei Investment and Holding Co. Ltd., Intel Corp., International Business Machines Corp., Microsoft Corp., Nokia Corp., NVIDIA Corp., and Schneider Electric SE among others. Furthermore, this report extensively covers edge computing market segmentation by end-user (industrial manufacturing, telecom, mobility, government, and others) and geography (North America, Europe, APAC, South America, and MEA).

What will the Edge Computing Market Size be During the Forecast Period?

Edge Computing Market Size

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Edge Computing Market: Key Drivers, Trends, and Challenges

Based on our research output, there has been a neutral impact on the market growth during and post COVID-19 era. The increase in oil and gas E&P activities is notably driving the edge computing market growth, although factors such as competition from low-cost centralized and general-purpose computing infrastructure may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the edge computing industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Edge Computing Market Driver

One of the key factors driving the edge computing market growth is the rising demand for decentralized computing to reduce latency in decision making. Centralized computing systems such as cloud computing have the inherent disadvantage of high latency due to their geographically distributed infrastructure. This reduces their viability in many time-sensitive applications such as autonomous vehicles and wearables, which require fast response times to operate properly. Hence, the need for low latency in computing or decision-making tasks is a key factor driving the demand for decentralized edge computing solutions. Many vendors have started providing such edge computing solutions that can operate independently, without the need for full-time internet access, which is allowing users to reduce decision-making time in critical applications. For example, Amazon's AWS Greengrass solution allows the user to run the computation, data caching, synchronization, and machine learning analytics operations for all locally connected devices without the need for internet connectivity. This type of computing environment also leads to the removal of a single point of failure or choke point for internet traffic. These factors are driving the growth of the global edge computing market.

Key Edge Computing Market Trend

Another key factor driving the edge computing market growth is the deployment of Industry 4.0 infrastructure. Industry 4.0 refers to the use of connected automation systems and technologies in the broad industrial sector. These systems and technologies may include cyber-physical systems, IoT devices, cloud computing, and cognitive computing, which can enable large-scale automation in factories. The adoption of these technologies is consequently expected to affect the demand for edge computing. Industry 4.0 relies on some basic principles, which help the organization to implement Industry 4.0 enabled infrastructure includes, machine interconnection, technical assistance, decentralization. Industry 4.0-based manufacturing operations and facilities require several IoT sensors, actuators, and communication tools, which constantly generate data. Edge computing plays an important role in the analysis and implementation of this data in the immediate manufacturing environment in real-time. Hence, the demand for edge computing is expected to witness significant growth with the adoption of Industry 4.0 practices.

Key Edge Computing Market Challenge

Competition from low-cost centralized and general-purpose computing infrastructure is one of the key challenges hindering the edge computing market growth. Centralized computing infrastructure includes cloud data centers, supercomputing facilities, and centralized data centers used by organizations to support their global operations. These facilities can be transformed to provide computing or processing capabilities as a service to anywhere in the world virtually. Many of the public/private cloud server operators offer low-cost computing and storage services on a pay-as-you-go basis, which presents a major obstacle to the global edge computing market. The presence of several cloud server/data 2center operators has resulted in a competitive computing solutions marketplace, with numerous pricing and volume options to match the end-user requirements. Although cloud computing and edge computing are not perfect substitutes for each other, this factor is expected to restrict the growth of the global edge computing market to some extent during the forecast period.

This edge computing market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Parent Market Analysis

Technavio categorizes the global edge computing market as a part of the global data processing and outsourced services market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the edge computing market during the forecast period.

Who are the Major Edge Computing Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

  • Cisco Systems Inc.
  • Dell Technologies Inc.
  • Hewlett Packard Enterprise Co.
  • Huawei Investment and Holding Co. Ltd.
  • Intel Corp.
  • International Business Machines Corp.
  • Microsoft Corp.
  • Nokia Corp.
  • NVIDIA Corp.
  • Schneider Electric SE

This statistical study of the edge computing market encompasses successful business strategies deployed by the key vendors. The edge computing market is fragmented and the vendors are deploying growth strategies such as launching products and services in developing economies to compete in the market.

Product Insights and News

  • Cisco Systems Inc.- The company offers Cisco IOx, an application programming interface, which combines the Cisco IOS operating system and Linux to provide router-based edge computing for IoT devices.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The edge computing market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Edge Computing Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the edge computing market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

The report has further elucidated on other innovative approaches being followed by service providers to ensure a sustainable market presence.

Which are the Key Regions for Edge Computing Market?

Edge Computing Market Market segmentation by region

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44% of the market's growth will originate from North America during the forecast period. US is the key market for edge computing in North America. Market growth in this region will be slower than the growth of the market in APAC regions.

Owing to the growing emphasis on improving efficiency in IT infrastructure within commercial and industrial environments and the increasing adoption of big data analytics and IoT by end-users will facilitate the edge computing market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

As of July 21, 2021, the number of COVID-19 cases was around 34 million. The increasing number of COVID-19 cases encouraged enterprises and individuals to adopt digital practices, which significantly increased the data traffic. Many companies, in their efforts to reduce the latency and facilitate data analysis, have resorted to edge computing. Given the close vicinity of edge computing infrastructure, the end-users can get key insights from the data in real-time. Thus, this has emerged as a key technology that assists other technologies such as the Internet of Things and predictive analytics. Hence, the adoption of edge computing is expected to increase significantly in the region during the forecast period.

What are the Revenue-generating End-user Segments in the Edge Computing Market?

Edge Computing Market Segmentation

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The edge computing market share growth by the industrial manufacturing will be significant during the forecast period. The industrial applications of edge computing are mainly focused on the automation of industrial manufacturing and process environments, which make substantial use of industrial IoT devices, automation hardware, and connected sensors and actuators. These applications are expected to gain a significant advantage from the efficiency gained due to the use of edge computing at the local node.

This report provides an accurate prediction of the contribution of all the segments to the growth of the edge computing market size and actionable market insights on post COVID-19 impact on each segment.

 

Edge Computing Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 26.47%

Market growth 2021-2025

$ 7.29 billion

Market structure

Fragmented

YoY growth (%)

21.83

Regional analysis

North America, Europe, APAC, South America, and MEA

Performing market contribution

North America at 44%

Key consumer countries

US, China, Germany, UK, and Japan

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Cisco Systems Inc., Dell Technologies Inc., Hewlett Packard Enterprise Co., Huawei Investment and Holding Co. Ltd., Intel Corp., International Business Machines Corp., Microsoft Corp., Nokia Corp., NVIDIA Corp., and Schneider Electric SE

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

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What are the Key Data Covered in this Edge Computing Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive edge computing market growth during the next five years
  • Precise estimation of the edge computing market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the edge computing industry across North America, Europe, APAC, South America, and MEA
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of edge computing market vendors

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1 Executive Summary

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 01: Parent market
    • Exhibit 02: Market characteristics
  • 2.2 Value chain analysis
    • Exhibit 03: Value chain analysis: Data processing and outsourced services

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 04: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 05: Market segments
  • 3.3 Market size 2020
  • 3.4 Market outlook: Forecast for 2020 - 2025
    • Exhibit 06: Global - Market size and forecast 2020 - 2025 ($ million)
    • Exhibit 07: Global market: Year-over-year growth 2020 - 2025 (%)

4 Five Forces Analysis

  • 4.1 Five forces analysis 2020 & 2025
    • Exhibit 08: Five forces analysis 2020 & 2025
  • 4.2 Bargaining power of buyers
    • Exhibit 09: Bargaining power of buyers
  • 4.3 Bargaining power of suppliers
    • Exhibit 10: Bargaining power of suppliers
  • 4.4 Threat of new entrants
    • Exhibit 11: Threat of new entrants
  • 4.5 Threat of substitutes
    • Exhibit 12: Threat of substitutes
  • 4.6 Threat of rivalry
    • Exhibit 13: Threat of rivalry
  • 4.7 Market condition
    • Exhibit 14: Market condition - Five forces 2020

5 Market Segmentation by End-user

  • 5.1 Market segments
    • Exhibit 15: End-user - Market share 2020-2025 (%)
  • 5.2 Comparison by End-user
    • Exhibit 16: Comparison by End-user
  • 5.3 Industrial manufacturing - Market size and forecast 2020-2025
    • Exhibit 17: Industrial manufacturing - Market size and forecast 2020-2025 ($ million)
    • Exhibit 18: Industrial manufacturing - Year-over-year growth 2020-2025 (%)
  • 5.4 Telecom - Market size and forecast 2020-2025
    • Exhibit 19: Telecom - Market size and forecast 2020-2025 ($ million)
    • Exhibit 20: Telecom - Year-over-year growth 2020-2025 (%)
  • 5.5 Mobility - Market size and forecast 2020-2025
    • Exhibit 21: Mobility - Market size and forecast 2020-2025 ($ million)
    • Exhibit 22: Mobility - Year-over-year growth 2020-2025 (%)
  • 5.6 Government - Market size and forecast 2020-2025
    • Exhibit 23: Government - Market size and forecast 2020-2025 ($ million)
    • Exhibit 24: Government - Year-over-year growth 2020-2025 (%)
  • 5.7 Others - Market size and forecast 2020-2025
    • Exhibit 25: Others - Market size and forecast 2020-2025 ($ million)
    • Exhibit 26: Others - Year-over-year growth 2020-2025 (%)
  • 5.8 Market opportunity by End-user
    • Exhibit 27: Market opportunity by End-user

6 Customer landscape

7 Geographic Landscape

  • 7.1 Geographic segmentation
    • Exhibit 29: Market share by geography 2020-2025 (%)
  • 7.2 Geographic comparison
    • Exhibit 30: Geographic comparison
  • 7.3 North America - Market size and forecast 2020-2025
    • Exhibit 31: North America - Market size and forecast 2020-2025 ($ million)
    • Exhibit 32: North America - Year-over-year growth 2020-2025 (%)
  • 7.4 Europe - Market size and forecast 2020-2025
    • Exhibit 33: Europe - Market size and forecast 2020-2025 ($ million)
    • Exhibit 34: Europe - Year-over-year growth 2020-2025 (%)
  • 7.5 APAC - Market size and forecast 2020-2025
    • Exhibit 35: APAC - Market size and forecast 2020-2025 ($ million)
    • Exhibit 36: APAC - Year-over-year growth 2020-2025 (%)
  • 7.6 South America - Market size and forecast 2020-2025
    • Exhibit 37: South America - Market size and forecast 2020-2025 ($ million)
    • Exhibit 38: South America - Year-over-year growth 2020-2025 (%)
  • 7.7 MEA - Market size and forecast 2020-2025
    • Exhibit 39: MEA - Market size and forecast 2020-2025 ($ million)
    • Exhibit 40: MEA - Year-over-year growth 2020-2025 (%)
  • 7.8 Key leading countries
    • Exhibit 41: Key leading countries
  • 7.9 Market opportunity by geography
    • Exhibit 42: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
    • Exhibit 43: Impact of drivers and challenges
  • 8.3 Market trends

9 Vendor Landscape

  • 9.1 Overview
    • Exhibit 44: Vendor landscape
  • 9.2 Landscape disruption
    • Exhibit 45: Landscape disruption
    • Exhibit 46: Industry risks

10 Vendor Analysis

  • 10.1 Vendors covered
    • Exhibit 47: Vendors covered
  • 10.2 Market positioning of vendors
    • Exhibit 48: Market positioning of vendors
  • 10.3 Cisco Systems Inc.
    • Exhibit 49: Cisco Systems Inc. - Overview
    • Exhibit 50: Cisco Systems Inc. - Business segments
    • Exhibit 51: Cisco Systems Inc. - Key news
    • Exhibit 52: Cisco Systems Inc. - Key offerings
    • Exhibit 53: Cisco Systems Inc. - Segment focus
  • 10.4 Dell Technologies Inc.
    • Exhibit 54: Dell Technologies Inc. - Overview
    • Exhibit 55: Dell Technologies Inc. - Business segments
    • Exhibit 56: Dell Technologies Inc. - Key news
    • Exhibit 57: Dell Technologies Inc. - Key offerings
    • Exhibit 58: Dell Technologies Inc. - Segment focus
  • 10.5 Hewlett Packard Enterprise Co.
    • Exhibit 59: Hewlett Packard Enterprise Co. - Overview
    • Exhibit 60: Hewlett Packard Enterprise Co. - Business segments
    • Exhibit 61: Hewlett Packard Enterprise Co. - Key news
    • Exhibit 62: Hewlett Packard Enterprise Co. - Key offerings
    • Exhibit 63: Hewlett Packard Enterprise Co. - Segment focus
  • 10.6 Huawei Investment and Holding Co. Ltd.
    • Exhibit 64: Huawei Investment and Holding Co. Ltd. - Overview
    • Exhibit 65: Huawei Investment and Holding Co. Ltd. - Business segments
    • Exhibit 66: Huawei Investment & Holding Co. Ltd. - Key news
    • Exhibit 67: Huawei Investment and Holding Co. Ltd. - Key offerings
    • Exhibit 68: Huawei Investment and Holding Co. Ltd. - Segment focus
  • 10.7 Intel Corp.
    • Exhibit 69: Intel Corp. - Overview
    • Exhibit 70: Intel Corp. - Business segments
    • Exhibit 71: Intel Corp. - Key news
    • Exhibit 72: Intel Corp. - Key offerings
    • Exhibit 73: Intel Corp. - Segment focus
  • 10.8 International Business Machines Corp.
    • Exhibit 74: International Business Machines Corp. - Overview
    • Exhibit 75: International Business Machines Corp. - Business segments
    • Exhibit 76: International Business Machines Corp. - Key offerings
    • Exhibit 77: International Business Machines Corp. - Segment focus
  • 10.9 Microsoft Corp.
    • Exhibit 78: Microsoft Corp. - Overview
    • Exhibit 79: Microsoft Corp. - Business segments
    • Exhibit 80: Microsoft Corp. - Key news
    • Exhibit 81: Microsoft Corp. - Key offerings
    • Exhibit 82: Microsoft Corp. - Segment focus
  • 10.10 Nokia Corp.
    • Exhibit 83: Nokia Corp. - Overview
    • Exhibit 84: Nokia Corp. - Business segments
    • Exhibit 85: Nokia Corp. - Key offerings
    • Exhibit 86: Nokia Corp. - Segment focus
  • 10.11 NVIDIA Corp.
    • Exhibit 87: NVIDIA Corp. - Overview
    • Exhibit 88: NVIDIA Corp. - Business segments
    • Exhibit 89: NVIDIA Corp. - Key news
    • Exhibit 90: NVIDIA Corp. - Key offerings
    • Exhibit 91: NVIDIA Corp. - Segment focus
  • 10.12 Schneider Electric SE
    • Exhibit 92: Schneider Electric SE - Overview
    • Exhibit 93: Schneider Electric SE - Business segments
    • Exhibit 94: Schneider Electric SE - Key news
    • Exhibit 95: Schneider Electric SE - Key offerings
    • Exhibit 96: Schneider Electric SE - Segment focus

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Currency conversion rates for US$
    • Exhibit 97: Currency conversion rates for US$
  • 11.3 Research methodology
    • Exhibit 98: Research Methodology
    • Exhibit 99: Validation techniques employed for market sizing
    • Exhibit 100: Information sources
  • 11.4 List of abbreviations
    • Exhibit 101: List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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Edge Computing market growth will increase by $9143.4 million during 2020-2024.
The edge computing market is expected to grow at a CAGR of 32.48% during 2020-2024.
Technavio has segmented the edge computing market by end user (Industrial manufacturing, Telecom, Mobility, Government, and Retail) and geographic (North America, Europe, APAC, South America, North America, Europe, APAC, and South America).
Cisco Systems Inc., Dell Technologies Inc., Hewlett Packard Enterprise Co., Huawei Investment & Holding Co. Ltd., Intel Corp., International Business Machines Corp., Microsoft Corp., Nokia Corp., NVIDIA Corp., Schneider Electric SE are a few of the key vendors in the edge computing market.
North America will register the highest growth rate of 45.32% among the other regions. Therefore, the edge computing market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the edge computing market growth are:
  • Rising demand for decentralized computing to reduce latency in decision making
  • Deployment of Industry 4.0 infrastructure
The edge computing market vendors should focus on grabbing business opportunities from the industrial manufacturing segment as it accounted for the largest market share in the base year.
  • What are the key global market and the regional market share?
  • What are the revenue-generating key market segments?
  • What are the key factors driving and challenging this market’s growth?
  • Who are the key market vendors and their growth strategies?
  • What are the latest trends influencing the growth of this market?
  • What are the variables influencing the market growth in the primary regions?
  • What are the factors influencing the growth of the parent market?
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  • Five-force market analysis

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