The Edge Computing market is expected to reach $21.39 billion by 2026 growing at a CAGR of 31.8% during 2018 to 2026.

The key vendors mentioned are Intel Corporation, Microsoft Corporation, General Electric Company, Cisco Systems, Inc., International Business Machines Corporation (IBM), Dell, Google LLC, Nokia Networks, Amazon.com, Inc., Hewlett Packard Enterprise Company, Vasona Networks, Inc., and Huawei Technologies Co., Ltd.

Hyderabad, India - August 9, 2019 /MarketersMedia/ —

Edge computing is an approach that processes data at the edge of the network. For example, in telecommunications, a mobile can be an edge device. Edge computing offers economic benefits for enterprises. This is because scrutinizing and processing data close to the edge of the network helps organizations analyze crucial data in real-time. Edge computing is useful for organizations across a number of industry verticals such as manufacturing, healthcare, finance, and telecommunications among others.

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Factors such as growing load on the cloud infrastructure, an increase in the number of intelligent applications and rise in internet-of-things (IoT) developments are fuelling the market growth. However, security and privacy concerns related to edge computing is restricting market growth.

By end-user, the retail segment is likely to be the significantly growing vertical in terms of adoption of edge computing during the forecast period. Organizations from this vertical are undergoing a significant transformation owing to the technological advancements in place. In addition, retail organizations are intensely focusing on offering tailored solutions to customers and enhance their experience and satisfaction.

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Deployments Covered:
• On-Cloud
• On-Premise

Components Covered:
• Solution
• Gateways
• Services
• Hardware
• Platform
• Micro Data Centers
• Software

Organization Sizes Covered:
• Small and Medium-Sized Enterprises (SMEs)
• Large Enterprises

Technologies Covered:
• Fog Computing
• Mobile Edge Computing

Applications Covered:
• Environmental Monitoring
• Smart Cities, Smart Homes & Smart Buildings
• Internet-of-Things (IoT)
• Location-Based services
• Augmented Reality
• Data Caching
• Video Analytics
• Optimized Local Content
• Smart Grids
• Connected Cars
• Traffic Management
• Assets Tracking
• Unified communication
• Critical Infrastructure Monitoring

End Users Covered:
• Telecom and IT
• Transportation & Logistics
• Energy and Utilities
• Healthcare
• Manufacturing
• Government and Public
• Media and Entertainment
• Retail
• Surveillance
• Gaming & Media
• Education
• Automotive
• Industrial
• Agriculture
• Consumer Appliances
• Power
• Banking, financial services and insurance (BFSI)

Regions Covered:
• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa

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Key Questions Answered in this Report:
• How this market evolved since the year 2016
• Market size estimations, forecasts and CAGR for all the segments presented in the scope
• Key Market Developments and financials of the key players
• Opportunity Analysis for the new entrants
• SWOT Analysis of the key players
• Fastest growing markets analyzed during the forecast period

Contact Info:
Name: Sadhana Shukla
Email: Send Email
Organization: Syngene Market Research Reports
Website: https://www.syngeneresearch.com/

Source URL: https://marketersmedia.com/the-edge-computing-market-is-expected-to-reach-2139-billion-by-2026-growing-at-a-cagr-of-318-during-2018-to-2026/88906220

Source: MarketersMedia

Release ID: 88906220