Houston, TX -- (SBWire) -- 02/22/2019 --It's a mesh network of microdata centers that process and store sensitive data locally, pushing all of the data we receive into less than 100 square feet of space in a central data center or cloud storage repository," said Edge Computing. IDC said.
Typically, in an IoT use case, an edge device collects data (sometimes a huge amount) and sends it to the data center or cloud for processing. Edge computing categorizes data locally and some are handled locally, reducing backhaul traffic to the central repository.
The global edge computing market is expected to reach $ 3.24 billion by 2026, and Grand View Research, Inc., forecasts an amazing annual growth rate of +41.0% over the forecast period. The need for advanced technology stimulates the amount of IoT data. The vast amount of data generated by IoT devices can cause latency and latency. Edge computing solutions improve data throughput to help avoid delays. Data processing is performed closest to the data source, providing real-time insight.
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Top key player profiled in this report: 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., etc.
Edge Computing Vertical Outlook:
- Manufacturing
- Energy & Utilities
- IT & Telecom
- Healthcare & Life Sciences
- Consumer Appliances
- Transportation & Logistics
- Others
Edge Computing Organization Size Outlook:
- Small & Medium Enterprises (SMEs)
- Large Enterprises
Edge Computing Technology Outlook:
- Mobile Edge Computing
- Fog Computing
IoT data is increasing significantly due to the introduction of products such as smart devices, smart glasses and smart clocks. Edge computing technologies help process, collect, and collect IoT generation data. In addition, the increase in the number of Internet users and the increase in the adoption of digital services are increasing the number of sensitive data collections in many organizations. This factor is boosting the growth of the edge calculation market. Data growth is expected to drive growth in the edge computing market.
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Edge computing is also a technology that enhances the cloud computing system by processing data near the edge of the network and near the data source. Edge computing can reduce workload on other networks by reducing work time and completing processes in milliseconds. Therefore, adoption of edge computing is higher than promoting market growth.
In addition, the transfer of load causes a significant load on the network. This factor is expected to facilitate the adoption of edge computing during the forecast period. Edge computing technology processes the data of the source and analyzes the data to transmit important information. Thus, its adoption is higher. These are some of the factors driving the growth of the global edge computing market.
The detailed elaboration of the global market has been provided by applying industry analysis techniques such as SWOT and Porter's five-technique. Collectively, this research report offers a reliable evaluation of the global market to present the overall framework of businesses.
Table of Contents:
Global Edge Computing Market Research Report 2019-2026
Chapter 1: Edge Computing Market Overview
Chapter 2: Global Economic Impact on Industry
Chapter 3: Edge Computing Market Competition by Manufacturers
Chapter 4: Global Production, Revenue (Value) by Region
Chapter 5: Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6: Global Revenue (Value), Production, Price Trend by Type
…….CONTINUED FOR TOC
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Comprehensive Study on Edge Computing Market by 2026 with Top Key-Microsoft Corporation, IBM Corporation, Cisco Systems, Google, Intel Corp, Schneider Electric SE
Edge Computing Market to Reach USD 3.24 billion with +41% CAGR Forecast by 2019-2026