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Global Edge Computing Market Opportunities and Forecast 2020-2027

  • DLR1929
  • 25 August, 2021
  • Internet & Communication
  • Pages: 120
  • Global
Global Edge Computing Market, By Component (Hardware, Software, Services), By Application (IoT, Data Monitoring, Analytics), By End-User (Education, Healthcare, Automotive, Surveillance), and opportunities and forecast 2020-2027

Edge Computing Market Overview

The global Edge Computing market is projected to increase steadily in the forthcoming years on the back of challenges rising from the extreme use of traditional cloud computing architecture. The explosion of the Internet of Things (IoT) is one of the major factors boosting the growth of the global Edge Computing market.

Furthermore, edge computing architecture is preferably suitable for several situations. This includes poor connectivity of IoT devices, wherein IoT devices lack seamless connectivity to a central cloud. In addition to this, other important factors such as high latency, low spectral efficiency, and non-adaptive machine type of communication are some serious challenges of cloud computing architecture that are leading to a shift to edge computing framework. All these aspects contributing more to the global Edge Computing market progressively.
 
Likewise, edge computing is useful for organizations of several industries such as manufacturing, healthcare, finance, and telecommunications among others. Edge computing offers economic benefits for enterprises. This is because inspecting and processing data close to the edge of the network helps organizations analyze crucial data in real-time.  All these factors closely support the global Edge Computing market’s expansion. 

Covid-19 Impact on Edge Computing Market

Like many other industries, COVID-19 badly knocked the electronic and semiconductor industries. This unprecedented event has impacted nearly 230 countries in just a few weeks, resulting in the forced shutdown of manufacturing and transportation activities within and across the countries. This has directly affected the overall sector's growth. It is estimated that COVID-19 to leave more than USD 30 billion impacts on the electronics and semiconductor industry. The sector is majorly affected due to transport restrictions on major electronics and semiconductor raw material providers. However, the emerging need for semiconductors in several industries will offer rapid market recovery over the future period.

Edge Computing Market Segment Overview

According to Component, the Hardware segment accounts for the largest share in the global Edge Computing market.  This segment is expected to display a year-on-year growth during the forecast period, which is higher than any other component segment. This is because of the large-scale deployment of hardware components for decentralizing storage and computing operations, allowing comprehensive edge infrastructure deployment, and reducing network traffic. In addition to this, organizations offer advanced edge computing hardware that either act as an initial point of data source or a facilitator of the whole network or serves as a storage and local processing unit in the overall edge computing process.
 
Edge Computing Market, By Component
 
·       Hardware
·       Software
·       Services
 
Edge Computing Market, By Application
 
·       IoT
·       Data Monitoring
·       Analytics
 
Edge Computing Market, By End-User
 
·       Education
·       Healthcare
·       Automotive
·       Surveillance
 
Edge Computing Regional Overview

Geographically, North America commanded a major share of the Edge Computing market and is predictable to maintain its supremacy over the forecast period. Several start-ups have emerged to provide platforms for developing edge-enabled solutions, which is projected to propel the growth of the regional market. Similarly, Asia Pacific is expected to be the most attractive market during the forecast period owing to the growing adoption of advanced technologies, such as IoT and cloud computing in this region. In addition, Japan is likely to surpass all in terms of growth rate. Europe is another major market for edge computing and is expected to rise at a significant rate in the forthcoming years. Further, the Middle East and Africa are expected to expand at a relatively slow CAGR during the forecast period.

Edge Computing Market, By Geography

·       North America (US & Canada)
·       Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
·       Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
·       LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
 
Edge Computing Market Competitor overview

Some key developments and strategies adopted by manufacturers in Edge Computing are highlighted below.

·       In June 2019, Hewlett Packard Enterprise (HPE) entered into a partnership with AT&T, an American multinational conglomerate.  Both companies would work together to create Multi-access Edge Computing (MEC) systems. These MEC systems help telecom and its clients to manage the data produced from connected systems and devices.

Edge Computing Market, Key Players

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

Edge Computing Market Study Global Market Analysis, Insights and Forecast, 2020-2027

    1. Introduction

    • 1.1. Research Scope
    • 1.2. Market Segmentation
    • 1.3. Research Methodology
    • 1.4. Definitions and Assumptions

    2. Executive Summary

      3. Market Dynamics

      • 3.1. Market Drivers
      • 3.2. Market Restraints
      • 3.3. Market Opportunities

      4. Key Insights

      • 4.1. Key Emerging Trends – For Major Countries
      • 4.2. Latest Technological Advancement
      • 4.3. Regulatory Landscape
      • 4.4. Industry SWOT Analysis
      • 4.5. Porters Five Forces Analysis

      5. Global Edge Computing Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 5.1. Key Findings / Summary
      • 5.2. Market Analysis, Insights and Forecast – By Component
        • 5.2.1. Hardware
        • 5.2.2. Software
        • 5.2.3. Services
      • 5.3. Market Analysis, Insights and Forecast – By Application
        • 5.3.1. IoT
        • 5.3.2. Data Monitoring
        • 5.3.3. Analytics
      • 5.4. Market Analysis, Insights and Forecast – By End-User
        • 5.4.1. Education
        • 5.4.2. Healthcare
        • 5.4.3. Automotive
        • 5.4.4. Surveillance
      • 5.5. Market Analysis, Insights and Forecast – By Region
        • 5.5.1. North America
        • 5.5.2. Europe
        • 5.5.3. Asia Pacific
        • 5.5.4. Latin America, Middle East and Africa

      6. North America Edge Computing Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 6.1. Key Findings / Summary
      • 6.2. Market Analysis, Insights and Forecast – By Component
        • 6.2.1. Hardware
        • 6.2.2. Software
        • 6.2.3. Services
      • 6.3. Market Analysis, Insights and Forecast – By Application
        • 6.3.1. IoT
        • 6.3.2. Data Monitoring
        • 6.3.3. Analytics
      • 6.4. Market Analysis, Insights and Forecast – By End-User
        • 6.4.1. Education
        • 6.4.2. Healthcare
        • 6.4.3. Automotive
        • 6.4.4. Surveillance
      • 6.5. Market Analysis, Insights and Forecast – By Country
        • 6.5.1. U.S.
        • 6.5.2. Canada

      7. Europe Edge Computing Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 7.1. Key Findings / Summary
      • 7.2. Market Analysis, Insights and Forecast – By Component
        • 7.2.1. Hardware
        • 7.2.2. Software
        • 7.2.3. Services
      • 7.3. Market Analysis, Insights and Forecast – By Application
        • 7.3.1. IoT
        • 7.3.2. Data Monitoring
        • 7.3.3. Analytics
      • 7.4. Market Analysis, Insights and Forecast – By End-User
        • 7.4.1. Education
        • 7.4.2. Healthcare
        • 7.4.3. Automotive
        • 7.4.4. Surveillance
      • 7.5. Market Analysis, Insights and Forecast – By Country
        • 7.5.1. UK
        • 7.5.2. Germany
        • 7.5.3. France
        • 7.5.4. Italy
        • 7.5.5. Spain
        • 7.5.6. Russia
        • 7.5.7. Rest of Europe

      8. Asia Pacific Edge Computing Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 8.1. Key Findings / Summary
      • 8.2. Market Analysis, Insights and Forecast – By Component
        • 8.2.1. Hardware
        • 8.2.2. Software
        • 8.2.3. Services
      • 8.3. Market Analysis, Insights and Forecast – By Application
        • 8.3.1. IoT
        • 8.3.2. Data Monitoring
        • 8.3.3. Analytics
      • 8.4. Market Analysis, Insights and Forecast – By End-User
        • 8.4.1. Education
        • 8.4.2. Healthcare
        • 8.4.3. Automotive
        • 8.4.4. Surveillance
      • 8.5. Market Analysis, Insights and Forecast – By Country
        • 8.5.1. China
        • 8.5.2. India
        • 8.5.3. Japan
        • 8.5.4. Australia
        • 8.5.5. South East Asia
        • 8.5.6. Rest of Asia Pacific

      9. Latin America, Middle East and Africa Edge Computing Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 9.1. Key Findings / Summary
      • 9.2. Market Analysis, Insights and Forecast – By Component
        • 9.2.1. Hardware
        • 9.2.2. Software
        • 9.2.3. Services
      • 9.3. Market Analysis, Insights and Forecast – By Application
        • 9.3.1. IoT
        • 9.3.2. Data Monitoring
        • 9.3.3. Analytics
      • 9.4. Market Analysis, Insights and Forecast – By End-User
        • 9.4.1. Education
        • 9.4.2. Healthcare
        • 9.4.3. Automotive
        • 9.4.4. Surveillance
      • 9.5. Market Analysis, Insights and Forecast – By Country
        • 9.5.1. Brazil
        • 9.5.2. Saudi Arabia
        • 9.5.3. UAE
        • 9.5.4. Rest of LAMEA

      10. Competitive Analysis

      • 10.1. Company Market Share Analysis, 2018
      • 10.2. Key Industry Developments
      • 10.3. Company Profile
      • 10.4. Microsoft Corporation
        • 10.4.1. Business Overview
        • 10.4.2. Segment 1 & Service Offering
        • 10.4.3. Overall Revenue
        • 10.4.4. Geographic Presence
        • 10.4.5. Recent Development
      *Similar details will be provided for the following companies
      • 10.5. IBM Corporation
      • 10.6. Cisco Systems Inc.
      • 10.7. Google Inc.
      • 10.8. Hewlett Packard Enterprise Company
      • 10.9. Intel Corp
      • 10.10. Schneider Electric SE
      • 10.11. Nokia Corporation
      • 10.12. Huawei Technologies Co. Ltd.
      List of Figures

      Figure 1: Global Edge Computing Market Revenue Breakdown (USD Billion, %) by Region, 2019 & 2027
      Figure 2: Global Edge Computing Market Value Share (%), By Segment 1, 2019 & 2027
      Figure 3: Global Edge Computing Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 4: Global Edge Computing Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 5: Global Edge Computing Market Value Share (%), By Segment 2, 2019 & 2027
      Figure 6: Global Edge Computing Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 7: Global Edge Computing Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 8: Global Edge Computing Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 9: Global Edge Computing Market Forecast (USD Billion), by Others, 2016-2027
      Figure 10: Global Edge Computing Market Value Share (%), By Segment 3, 2019 & 2027
      Figure 11: Global Edge Computing Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 12: Global Edge Computing Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 13: Global Edge Computing Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 14: Global Edge Computing Market Forecast (USD Billion), by Others, 2016-2027
      Figure 15: Global Edge Computing Market Value (USD Billion), by Region, 2019 & 2027
      Figure 16: North America Edge Computing Market Value Share (%), By Segment 1, 2019 & 2027
      Figure 17: North America Edge Computing Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 18: North America Edge Computing Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 19: North America Edge Computing Market Value Share (%), By Segment 2, 2019 & 2027
      Figure 20: North America Edge Computing Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 21: North America Edge Computing Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 22: North America Edge Computing Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 23: North America Edge Computing Market Forecast (USD Billion), by Others, 2016-2027
      Figure 24: North America Edge Computing Market Value Share (%), By Segment 3, 2019 & 2027
      Figure 25: North America Edge Computing Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 26: North America Edge Computing Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 27: North America Edge Computing Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 28: North America Edge Computing Market Forecast (USD Billion), by Others, 2016-2027
      Figure 29: North America Edge Computing Market Forecast (USD Billion), by U.S., 2016-2027
      Figure 30: North America Edge Computing Market Forecast (USD Billion), by Canada, 2016-2027
      Figure 31: Latin America Edge Computing Market Value Share (%), By Segment 1, 2019 & 2027
      Figure 32: Latin America Edge Computing Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 33: Latin America Edge Computing Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 34: Latin America Edge Computing Market Value Share (%), By Segment 2, 2019 & 2027
      Figure 35: Latin America Edge Computing Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 36: Latin America Edge Computing Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 37: Latin America Edge Computing Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 38: Latin America Edge Computing Market Forecast (USD Billion), by Others, 2016-2027
      Figure 39: Latin America Edge Computing Market Value Share (%), By Segment 3, 2019 & 2027
      Figure 40: Latin America Edge Computing Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 41: Latin America Edge Computing Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 42: Latin America Edge Computing Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 43: Latin America Edge Computing Market Forecast (USD Billion), by Others, 2016-2027
      Figure 44: Latin America Edge Computing Market Forecast (USD Billion), by Brazil, 2016-2027
      Figure 45: Latin America Edge Computing Market Forecast (USD Billion), by Mexico, 2016-2027
      Figure 46: Latin America Edge Computing Market Forecast (USD Billion), by Rest of Latin America, 2016-2027
      Figure 47: Europe Edge Computing Market Value Share (%), By Segment 1, 2019 & 2027
      Figure 48: Europe Edge Computing Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 49: Europe Edge Computing Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 50: Europe Edge Computing Market Value Share (%), By Segment 2, 2019 & 2027
      Figure 51: Europe Edge Computing Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 52: Europe Edge Computing Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 53: Europe Edge Computing Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 54: Europe Edge Computing Market Forecast (USD Billion), by Others, 2016-2027
      Figure 55: Europe Edge Computing Market Value Share (%), By Segment 3, 2019 & 2027
      Figure 56: Europe Edge Computing Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 57: Europe Edge Computing Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 58: Europe Edge Computing Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 59: Europe Edge Computing Market Forecast (USD Billion), by Others, 2016-2027
      Figure 60: Europe Edge Computing Market Forecast (USD Billion), by U.K., 2016-2027
      Figure 61: Europe Edge Computing Market Forecast (USD Billion), by Germany, 2016-2027
      Figure 62: Europe Edge Computing Market Forecast (USD Billion), by France, 2016-2027
      Figure 63: Europe Edge Computing Market Forecast (USD Billion), by Italy, 2016-2027
      Figure 64: Europe Edge Computing Market Forecast (USD Billion), by Spain, 2016-2027
      Figure 65: Europe Edge Computing Market Forecast (USD Billion), by Russia, 2016-2027
      Figure 66: Europe Edge Computing Market Forecast (USD Billion), by Rest of Europe, 2016-2027
      Figure 67: Asia Pacific Edge Computing Market Value Share (%), By Segment 1, 2019 & 2027
      Figure 68: Asia Pacific Edge Computing Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 69: Asia Pacific Edge Computing Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 70: Asia Pacific Edge Computing Market Value Share (%), By Segment 2, 2019 & 2027
      Figure 71: Asia Pacific Edge Computing Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 72: Asia Pacific Edge Computing Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 73: Asia Pacific Edge Computing Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 74: Asia Pacific Edge Computing Market Forecast (USD Billion), by Others, 2016-2027
      Figure 75: Asia Pacific Edge Computing Market Value Share (%), By Segment 3, 2019 & 2027
      Figure 76: Asia Pacific Edge Computing Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 77: Asia Pacific Edge Computing Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 78: Asia Pacific Edge Computing Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 79: Asia Pacific Edge Computing Market Forecast (USD Billion), by Others, 2016-2027
      Figure 80: Asia Pacific Edge Computing Market Forecast (USD Billion), by China, 2016-2027
      Figure 81: Asia Pacific Edge Computing Market Forecast (USD Billion), by India, 2016-2027
      Figure 82: Asia Pacific Edge Computing Market Forecast (USD Billion), by Japan, 2016-2027
      Figure 83: Asia Pacific Edge Computing Market Forecast (USD Billion), by Australia, 2016-2027
      Figure 84: Asia Pacific Edge Computing Market Forecast (USD Billion), by Southeast Asia, 2016-2027
      Figure 85: Asia Pacific Edge Computing Market Forecast (USD Billion), by Rest of Asia Pacific, 2016-2027
      Figure 86: Middle East & Africa Edge Computing Market Value Share (%), By Segment 1, 2019 & 2027
      Figure 87: Middle East & Africa Edge Computing Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 88: Middle East & Africa Edge Computing Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 89: Middle East & Africa Edge Computing Market Value Share (%), By Segment 2, 2019 & 2027
      Figure 90: Middle East & Africa Edge Computing Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 91: Middle East & Africa Edge Computing Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 92: Middle East & Africa Edge Computing Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 93: Middle East & Africa Edge Computing Market Forecast (USD Billion), by Others, 2016-2027
      Figure 94: Middle East & Africa Edge Computing Market Value Share (%), By Segment 3, 2019 & 2027
      Figure 95: Middle East & Africa Edge Computing Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 96: Middle East & Africa Edge Computing Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 97: Middle East & Africa Edge Computing Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 98: Middle East & Africa Edge Computing Market Forecast (USD Billion), by Others, 2016-2027
      Figure 99: Middle East & Africa Edge Computing Market Forecast (USD Billion), by GCC, 2016-2027
      Figure 100: Middle East & Africa Edge Computing Market Forecast (USD Billion), by South Africa, 2016-2027
      Figure 101: Middle East & Africa Edge Computing Market Forecast (USD Billion), by Rest of Middle East & Africa, 2016-2027 
      List of Tables
      Table 1: Global Edge Computing Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
      Table 2: Global Edge Computing Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
      Table 3: Global Edge Computing Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
      Table 4: Global Edge Computing Market Revenue (USD Billion) Forecast, by Region, 2016-2027
      Table 5: North America Edge Computing Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
      Table 6: North America Edge Computing Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
      Table 7: North America Edge Computing Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
      Table 8: North America Edge Computing Market Revenue (USD Billion) Forecast, by Country, 2016-2027
      Table 9: Europe Edge Computing Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
      Table 10: Europe Edge Computing Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
      Table 11: Europe Edge Computing Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
      Table 12: Europe Edge Computing Market Revenue (USD Billion) Forecast, by Country, 2016-2027
      Table 13: Latin America Edge Computing Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
      Table 14: Latin America Edge Computing Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
      Table 15: Latin America Edge Computing Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
      Table 16: Latin America Edge Computing Market Revenue (USD Billion) Forecast, by Country, 2016-2027
      Table 17: Asia Pacific Edge Computing Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
      Table 18: Asia Pacific Edge Computing Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
      Table 19: Asia Pacific Edge Computing Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
      Table 20: Asia Pacific Edge Computing Market Revenue (USD Billion) Forecast, by Country, 2016-2027
      Table 21: Middle East & Africa Edge Computing Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
      Table 22: Middle East & Africa Edge Computing Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
      Table 23: Middle East & Africa Edge Computing Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
      Table 24: Middle East & Africa Edge Computing Market Revenue (USD Billion) Forecast, by Country, 2016-2027

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