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PRESS RELEASE
Published April 17, 2023

Report Description:

Coherent Market Insight has released a new research study titled “Edge Computing Market” 2023 analysis by the following subjects: Industry size, share, growth, segmentation, manufacturers and innovations, major trends, market drivers, restraints, regulations, distribution methods, opportunities, strategies, prospective road maps, and yearly forecast till 2030′′. The purpose of the market research study is to thoroughly investigate the Information and Communication Technology industry in order to gain knowledge of the industry and its economic potential. With the support of an accurate source of statistical surveying from the Edge Computing Market Research 2023 – 2030, your business will expand much faster. This report also looks at SWOT and Porter’s Five Forces Analysis, as well as crucial statistics like expenditure, costs, revenue, and end-clients. This 130 Pages report has a complete table of contents, 150 figures, tables, and charts, as well as insightful analysis.

Edge computing is a method for improving cloud computing systems that involves processing data at the network’s edge, close to the data source. The main advantage of edge computing is that it lowers network strain and cuts operating time to milliseconds. The network is put under a great amount of load during large-load transmission. In order to avoid repeatedly broadcasting data over the network, edge computing evaluates all data at the edge of its source, analyzes it, and sends only important information on it. For instance, a smart thermostat only transmits information when the temperature deviates from the permitted range.

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According to Coherent Market Insights, Market Will Boom In Near Future. The market for edge computing in North America is expected to witness significant growth during the forecast period. This growth is attributed to developing IT infrastructure, which is compatible with 4G LTE and 5G networks.

Discover Coherent market insights Research Analysts Exclusive Analysis on Price Sensitivity, Lifecycle, Customer Purchase Basket, Adoption Rates, and Purchase Criteria.

  • One of the core components of the Customer Landscape is Price Sensitivityan analysis of which will help companies refine marketing strategies to gain a competitive advantage.
  • Additionally, this research discusses the effects of price sensitivity drivers, which are anticipated to vary from LOW-HIGH from 2023–2027 (purchases are undifferentiated, the purchase is a significant expense to the customer, and quality is also crucial).
  • Our study includes both qualitative and quantitative intelligence and offers comprehensive data on the Edge Computing Market client base.

Edge Computing Market – Customer Landscape

The research covers the market’s adoption lifecycle, from the innovator to the dawdler. It focuses on penetration-based adoption rates in various regions.

Microsoft Corporation, IBM Corporation, Cisco Systems Inc., Google Inc., Hewlett Packard Enterprise Company, Intel Corporation, Schneider Electric SE, Nokia Corporation, Huawei Technologies Co. Ltd., and Aricent In

Furthermore, the research offers important buying criteria and price sensitivity drivers to assist businesses in evaluating and developing their growth strategy.

Report Scope:

This report aims to provide a comprehensive presentation of the global market, with both quantitative and qualitative analysis, to assist readers in developing business/growth strategies, assessing the market competitive situation, analyzing their current market position, and making informed business decisions regarding Edge Computing Market. The market size, estimations, and projections are given in terms of output/shipments (Units) and revenue (USD millions), with data ranging from 2017 to 2028. This study segmented the global market completely. Regional market sizes for commodities are also provided by kind, application, and player.

The impact of COVID-19 and the Russia-Ukraine War were considered when determining market sizes. For a more in-depth understanding of the industry, the study includes profiles of the competitive landscape, important companies, and their relative market positions. The paper also looks at technological advancements and new product improvements. The report will give information on the overall market and sub-segments across the different segments, by company, product type, application, and regions, to Edge Computing Market manufacturers, new entrants, and industry chain connected organizations in this market.

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** Coherent Market Insights offers Up to 45% Discount on Edge Computing Market Reports on Single User Access and Unlimited User Access.

Edge Computing Market – Segmentation Assessment

Coherent Market Insights has segmented the market based on end-user –

On the basis of component, the global edge computing market is segmented into:

  • Hardware
  • Solutions
  • Platform
  • Services

On the basis of organization size, the global edge computing market is segmented into:

  • Small and Medium Enterprises
  • Large Enterprises

On the basis of application, the global edge computing market is segmented into:

  • Smart Cities
  • Data Caching
  • Analytics
  • Location Services
  • Environmental Monitoring
  • Optimized Local Content
  • Augmented Reality
  • Others (Asset Tracking and Video Surveillance)

On the basis of end-user industry, the global edge computing market is segmented into:

  • Government and Public
  • Manufacturing
  • Media and Entertainment
  • Healthcare
  • Telecom and IT
  • Transportation
  • Energy and Utilities
  • Retail
  • Others (Hospitality, BFSI, and Education)

Geography Overview

The global Edge Computing Market is divided into North America, APAC, Europe, South America, and the Middle East and Africa. The study gives practical insights and assesses the contribution of each region to the worldwide Edge Computing Market’s growth.

  • North America: U.S. and Canada

  • Latin America: Brazil, Argentina, Mexico, and Rest of Latin America

  • Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe

  • Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific

  • Middle East and Africa: GCC Countries, Israel, and Rest of Middle East  South Africa, North Africa, and Central Africa

What are the key data covered in this Edge Computing Market report?

Market CAGR throughout the predicted period

Comprehensive information on the aspects that will drive the Edge Computing Market’s growth between 2023 and 2027.

Accurate calculation of the size of the Edge Computing Market and its contribution to the market, with emphasis on the parent market

Realistic forecasts of future trends and changes in consumer behavior

Edge Computing Market Industry Growth in North America, APAC, Europe, South America, the Middle East, and Africa

A complete examination of the market’s competitive landscape, as well as extensive information on vendors

Detailed examination of the factors that will impede the expansion of Edge Computing Market vendors

Key Benefits for Stakeholders:

The study includes a comprehensive analysis of current Edge Computing Market trends, estimations, and market size dynamics from 2023 to 2030 in order to identify the most potential prospects.

The five forces study by Porter underlines the role of buyers and suppliers in aiding stakeholders in making profitable business decisions and expanding their supplier-buyer network.

– In-depth research, as well as market size and segmentation, can assist you in identifying current Edge Computing Market opportunities.

The largest countries in each area are mapped based on their market revenue contribution.

The Edge Computing Market research report provides an in-depth analysis of the top competitors in the Edge Computing Market.

Table of Content:

1 Report Business Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.3 Market by Application
1.4 Study Objectives
1.5 Years Considered

2 Global Growth Trends
2.1 Global Edge Computing Market Perspective
2.2 Growth Trends by Region
2.3 Market Dynamics
2.3.1 Industry Trends
2.3.2 Market Drivers
2.3.3 Market Challenges
2.3.4 Market Restraints

3 Competition Landscape by Key Players
3.1 Global Top Players by Revenue
3.2 Global Market Share by Company Type
3.3 Players Covered: Ranking by Revenue
3.4 Global Market Concentration Ratio
3.4.1 Global Market Concentration Ratio
3.4.2 Global Top 10 and Top 5 Companies by Revenue
3.5 Key Players Head office and Area Served
3.6 Key Players Product Solution and Service
3.7 Date of Enter into Market
3.8 Mergers and Acquisitions, Expansion Plans

4 Edge Computing Market Breakdown Data by Type
4.1 Global Historic Market Size by Type
4.2 Global Forecasted Market Size by Type

5 Edge Computing Market Breakdown Data by Application
5.1 Global Historic Market Size by Application
5.2 Global Forecasted Market Size by Application

6 North America
6.1 North America Market Size
6.2 North America Market Size by Type
6.3 North America Market Size by Application
6.4 North America Market Size by Country

7 Europe
7.1 Europe Market Size
7.2 Europe Market Size by Type
7.3 Europe Market Size by Application
7.4 Europe Market Size by Country

8 Asia-Pacific
9 Latin America
10 Middle East and Africa

11 Analyst’s Viewpoints/Conclusions

12 Appendix
12.1 Research Methodology
12.1.1 Methodology/Research Approach
12.1.2 Data Source
12.2  Author Details
12.3 Disclaimer

Frequently Asked Questions

What are the market’s restricting factors?

Who are the major market participants?

Which region has the greatest market share?

What are the most latest global Edge Computing Market trends?

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