The North America edge computing market is expected to reach USD 2.43 Bn by 2023, expanding at a CAGR of 28.7%. Edge computing brings data processing nearer to IoT sensors to decrease latency and improve efficiency. The internet of things is driven by huge volumes of data generated from activities in our day-to-day lives. Collecting, sending, and processing massive quantities of data requires companies to act intelligently, quickly, and make better business decisions. Edge computing is a network of data centers that store and process data locally before sending them to centers or cloud. It optimizes computing to avoid disruptions in sending and receiving data.

The North America edge market is classified into applications and end users. Based on applications, it is further sub-classified into smart cities, smart factories, connected healthcare, connected vehicles, smart grids, and others. Other applications include edge computing in gaming and e-commerce. Smart cities holds the largest market share. The concept of smart cities is expanding in the US. New York City and Boston city are among the leading smart city initiatives in this region.

Based on end users industries, edge computing network are used in the manufacturing sector, energy and utility sector, IT and telecommunication, healthcare and life sciences, and consumer appliances. The IT and telecommunication sector is expected to grab the largest market share and grow at the highest CAGR. The region is leading in 5G deployments. Most North American service providers are moving towards the commercial launch of 5G.
Based on regions, the market is divided into the United States and Canada. The U.S. would secure the highest market because it has leveraged the utilisation of digital infrastructure. This emerging technology has gained transaction owing to the limitation of cloud-based analytics systems

Key growth factors

The internet of things is trending in North America. With more IoT devices getting connected, the region’s market has seen broader adoption of edge computing solutions across all the verticals. The presence of connectivity networks will act as a driving factor to facilitate the adoption of edge computing.
The average number of digital devices available to the citizen is increasing exponentially. People are better connected with enhanced access to brand and content. The gaming and e-commerce markets are booming in this region. This would widen the opportunity of edge computing.

Threats and key players

The crucial challenges faced by this region is lack of skill, understanding, problem with standardisation and implementation of the network. This emerging technology is facing the problem of deployment, i.e. challenging to optimise spectrum usage.
The key players in the North America edge computing market are Cisco Systems, Inc, Microsoft Corporation, IBM, Google, and Amazon.

What’s covered in the report?

1. Overview of the North America edge computing market.
2. The current and forecasted regional (United States and Canada) market size data for the North America edge computing market, based on applications: smart cities, smart factories, connected healthcare, connected vehicles, smart grids, and other; based on end users industries: manufacturing, energy and utility, IT and telecommunication, healthcare and life sciences, consumer appliances, transportation and logistics.
3. Market trends in the North America edge computing market.
4. Market drivers and challenges in the North America edge computing market.
5. Analysis of company profiles of major players operating in the market.

Why buy?

1. Understand the demand for the North America edge computing market by application and end user industries to determine the viability of the business.
3. Formulate a product marketing strategy based on the position in the value chain and determine the optimal product/service placement.
4. Identify the gap areas and address them.
5. Develop strategies based on the industry and economic factors for each of the segments.
6. Define the competitive positioning by comparing the products and services with the key players in the market.

The post North America Edge Computing Market (2018-2023) first appeared on CRI Report.

The Middle East and Africa edge computing market is expected to reach USD 1.46 Bn by 2023. It is expected to grow at a CAGR of 33%. Edge computing brings data processing nearer to IoT sensors to decrease latency and improve efficiency. The internet of things is driven by huge volumes of data evolving in our day-to-day lives. Collecting, sending, and processing massive quantities of data requires companies to act intelligently, quickly, and make better business decisions. Edge computing is a network of data centres that store, process data locally before sending them to the centres or cloud. It optimizes computing to avoid disruptions in sending and receiving data.

The Middle East and Africa edge market is further classified into applications and end users. Based on applications, it is further sub-classified into smart cities, smart factories, connected healthcare, connected vehicles, smart grids, and others. Other applications include edge computing in gaming and e-commerce. Smart cities holds the largest market share. Smart factories is expected to grow at the highest CAGR. Manufacturers are keen to use real-time tracking as IOT enables them to control the supply chain. It incorporates automation and improves production efficiencies.

Based on end users industries, edge computing networks are used in the manufacturing sector, energy and utility sector, IT and telecommunication, healthcare and life sciences, and consumer appliances. The IT and telecommunication sector is expected to grab the largest market share, followed by the manufacturing sector. This sector is shifting toward digital technologies. The region is also planning to deploy 5G networks. The Ministry of Culture and Information in Saudi Arabia announced Al Khobar to be the first city to test 5G network. The region is gearing up to 5G deployment.
By regions, the market is divided into UAE, Saudi Arabia, and the rest of MEA. Countries like UAE, Saudi Arabia, are expected to lead in edge computing deployments owing to their advancements in connective devices.

Key growth factors

The Middle East and Africa is improving their data centre infrastructure as cloud computing is helping them drive business.
Edge computing is expected to provide immense opportunities for small and medium-size businesses to grow in this region.

Threats and key players

The crucial challenges faced by this region are lack of technical skill, security issues, and effective process to respond threat.
The key players in the Europe edge computing market are Cisco Systems, Inc, Microsoft Corporation, IBM, Google, and SAP.

What’s covered in the report?

1. Overview of the Middle East and Africa edge computing market.
2. The current and forecasted regional (UAE, Saudi Arabia, and rest of MEA) market size data for the Middle East and Africa edge computing market, based applications: smart cities, smart factories, connected healthcare, connected vehicle, smart grids, and other, based on end users industries: manufacturing, energy and utility, IT and telecommunication, healthcare and life science, consumer appliances, and transportation and logistics.
3. Market trends in the Middle East and Africa edge computing market.
4. Market drivers and challenges in the Middle East and Africa edge computing market.
5. Analysis of company profiles of major players operating in the market.

Why buy?

1. Understand the demand for the Middle East and Africa edge computing market by applications and end user industries to determine the viability of the business.
3. Formulate a product market strategy based on the position in the value chain and determine the optimal product/service placement.
4. Identify the gap areas and address them.
5. Develop strategies based on the industries and economic factors for each of the segments.
6. Define the competitive positioning by comparing the products and services with the key players in the market.

The post Middle East and Africa Edge Computing Market (2018-2023) first appeared on CRI Report.

The Latin America edge computing market is expected to reach USD 0.44 Bn by 2023. It is expected to grow at a CAGR of 31.1%. Edge computing brings data processing nearer to IoT sensors to decrease latency and improve efficiency. The internet of things is driven by huge volumes of data generated from activities in our day-to-day lives. Collecting, sending, and processing massive quantities of data require companies to act intelligently, quickly, and make better business decisions. Edge computing is a network of data centres that store and process data locally before sending them to centres or cloud. It optimizes computing to avoid disruptions in sending and receiving data.

The Latin America edge computing market is further classified into applications and end users. Based on application, it is further sub-classified into smart cities, smart factories, connected healthcare, connected vehicles, smart grids, and other. Other applications include edge computing in gaming and e-commerce. Smart cities holds the largest market share. High urbanization pressure across this region would demand smart city strategies to plan and solve the problems faced by citizens, through digitisation. This is why organizations will adopt edge computing networks to improve customer efficiencies.

Based on end users industries edge computing networks are used in the manufacturing sector, energy and utility sector, IT and telecommunication, healthcare and life sciences, and consumer appliances. The IT and telecommunication sector is expected to grab the largest market share followed by the manufacturing sector. The region will also witness significant growth in LTE coverage and expansion in fibre-optics-based connecting the cell sites.

By regions, the market is divided into Brazil, Mexico, and the rest of LATAM. Countries like Brazil and Mexico, are expected to lead in edge computing deployments owing to their advancements toward connective devices.

Key growth factors

Latin America is trying to progress in IOT (internet of things). Approximately 60% of the developers in this region are planning to develop IOT technology.
Brazil’s manufacturing sector has embraced Industry 4.0. 48% of Organisation plan to invest in automation technologies, and data exchange manufacturing, in 2018. Organizations are expected to adopt edge computing network to support digital advancements.

Threats and key players

The crucial challenges faced by this region are lack of technical skills, inadequate penetration, and difficulty in the integration of IT systems with advanced technology.
The key players in the Europe Edge computing market are Cisco Systems, Inc, Microsoft Corporation, IBM, Google, and SAP.

What’s covered in the report?

1. Overview of the Middle East and Africa edge computing market.
2. The current and forecasted regional (Brazil, Mexico, rest of LATAM) market size data for the Middle East and Africa edge computing market, based on applications: smart cities, smart factories, connected healthcare, connected vehicles, smart grids, and others; based on end users industries: manufacturing, energy and utility, IT and telecommunication, healthcare and life science, consumer appliance, and transportation and logistics.
3. Market trends in the Latin America edge computing market.
4. Market drivers and challenges for the Latin America edge computing market.
5. Analysis of companies profiles of major players operating in the market.

Why buy?

1. Understand the demand for the Latin America edge computing market by application and end user industries to determine the viability of the business.
3. Formulate a product marketing strategy based on the position in the value chain and determine the optimal product/service placement.
4. Identify the gap areas and address them.
5. Develop strategies based on the industry and economic factors for each of the segments.
6. Define the competitive positioning by comparing the products and services with the key players in the market.

The post Latin America Edge Computing Market (2018-2023) first appeared on CRI Report.

The Europe edge computing market is expected to reach a value of USD 1.94 Bn by 2023, expanding at a CAGR of 29.3%. Edge computing brings data processing nearer to IoT sensors to decrease latency and improve efficiency. The internet of things is driven by huge volumes of data generated from the activities of our day-to-day lives collecting, sending, and processing massive quantities of data requires companies to act intelligently, quickly, and make better business decisions. Edge computing is a network of data centres that store, and process data locally, before sending them to center or cloud. It optimizes the computing to avoid disruptions in sending and receiving data.

The Europe edge computing market is further classified based on applications and end users. By applications, it is further sub-classified into smart cities smart factories connected healthcare, connected vehicles, smart grids, and others. Other applications include edge computing in gaming and e-commerce. Smart cities holds the largest market share. The European smart cities model is unparalleled; it is denser and much sustainable. More than 240 European, with population above 100,000 are progressing toward smart city program.

Based on end users industries edge computing networks arew used in the manufacturing sector, energy and utility sector, IT and telecommunication, healthcare and life sciences, and consumer appliances. The IT and telecommunication sector is expected to grab the largest market share. The region is leading in 5G deployment. The telecom operators in this region along with US are expected to spend USD 185 Bn by 2026. The region is expected to have 214 Mn 5G connections by 2025. By 2020, around 76% of the population is expected to have smartphone connections.
By regions, the market is divided into the EU5, and the rest of EU5. The EU5 would secure the highest market share because countries like the U.K., and France are progressing swiftly with smart and connected devices. The region will therefore progress swiftly with the implementation of edge computing.

Key growth factors

Europe is progressing toward digital industrialization. Around 91% of European corporates are investing for the digitization of factory plants in the core of Europe. 47% of English citizens believe that smart home technology would have a positive impact on their lives in the next few years.
The U.K. is expected to gain EUR 4.8 Bn from the use of IOT in the healthcare sector. These factors are expected to drive edge computing applications in the region.

Threats and key players

The crucial challenges faced by this region is the lack of technical skills. Edge computing is expected to face deployment problems, i.e. challenges is optimizing spectrum usage.
The key players in the Europe edge computing market are Cisco Systems, Inc, Microsoft Corporation, IBM, Google, and Amazon

What’s covered in the report?

1. Overview of the Europe edge computing market.
2. The current and forecasted regional (EU5 and rest EU5) market size data for the Europe edge computing market, based on applications: smart cities smart factories, connected healthcare, connected vehicles, smart grids, and others, based on end users industries: manufacturing, energy and utility, IT and telecommunication, healthcare and life science, consumer appliance, transportation and logistics.
3. Market trends in the Europe edge computing market.
4. Market drivers and challenges for the Europe edge computing market.
5. Analysis of company profiles of major players operating in the market.

Why buy?

1. Understand the demand of Europe edge computing market by application and end user industries to determine the viability of the business.
3. Formulate a product market strategy – based on the position in the value chain and determine the optimal product/service placement.
4. Identify the gap areas and address them.
5. Develop strategies based on the industry and economic factors for each of the segments.
6. Define the competitive positioning by comparing the products and services compared with the key players in the market.

The post Europe Edge Computing Market (2018-2023) first appeared on CRI Report.

The global edge computing market is forecasted to reach USD 8.96Bn by 2023, expanding at CAGR of 32.6%. Edge computing brings data processing nearer to IoT sensors, to decrease latency and improve efficiency. The internet of things are driven by huge volumes of data generated from activities in our day-to-day lives. Collecting, sending, and processing the massive quantities of data requires companies to act intelligently, quickly, and make better business decisions. Edge computing is a network of data centers that store and process data locally before sending them or cloud. It optimizes computing to avoid disruptions in sending and receiving data.

The global edge computing market is further classified into applications and end users. Based on applications, it is further sub-classified into smart cities, smart factories, connected healthcare, connected vehicles, smart grids, and other. Other applications include edge computing in gaming and e-commerce. Smart cities holds the most significant market share. The rising trend of urbanization is expected to initiate smart city projects to resolve various urban problems using ICT as a base. This will result in the increased application of edge computing in this domain.

Based on end users industries, edge computing networks will be used in the manufacturing sector, energy and utility sector, IT and telecommunication, healthcare and life sciences, and consumer appliances. The IT and telecommunication sector is expected to grab the most significant market share and expand at the highest CAGR. Edge computing is expected to play an active role in LTE networks and assets , as well as the 5G revolution.
By regions, the market is divided into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America would secure the highest demand. Edge computing is the crucial factor in the IOT trend in this region. Asia-Pacific is expected to grow at the highest CAGR. The region is expected to grow at a CAGR of 40.5%.

Key growth factors

The rising number of devices that are connected to artificial intelligence require a lot of real-time analysis. Relying on traditional cloud computing is difficult. That is why it is predicted that edge computing would be the next big trend after cloud.
To avoid network congestions, service providers are deploying a system on the internet that caches the information close to the users by duplicating the content on multiple servers. This is an example of edge computing.

Threats and key players

The crucial challenges faced in deploying edge computing are complications in discovering the edge nodes, and uncompromising quality of services and quality of experiences
The key players in the North America edge computing market are Cisco Systems, Inc, Microsoft Corporation, IBM, Google, Amazon, SAP, Oracle, Huawei Technologies Co.Ltd, and Intel.

What’s covered in the report?

1. Overview of the global edge computing market.
2. The current and forecasted regional (North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa) market size data for the North America edge computing market, based on applications: smart cities, smart factories, connected healthcare, connected vehicles, smart grids, and other, based on end users industries manufacturing, energy and utility, IT and telecommunication, healthcare and life sciences, consumer appliances, and transportation and logistics.
3. Market trends in the global edge computing market.
4. Market drivers and challenges for the global edge computing market.
5. Analysis of company profiles of major players operating in the market.

Why buy?

1. Understand the demand of global edge computing market by application and end user industry to determine the viability of the business.
3. Formulate a product marketing strategy – based on the position in the value chain and determine the optimal product/service placement.
4. Identify the gap areas and address them.
5. Develop strategies based on the industry and economic factors for each of the segments.
6. Define the competitive positioning by comparing the products and services with the key players in the market.

The post Global Edge Computing Market (2018-2023) first appeared on CRI Report.