Edge computing technology refers to the presence computing infrastructure closer to the data source. It is mainly used in the IoT applications where, edge devices collect massive data and then transmit to the central server for processing. This avoids the major traffic to the central repository thereby enhancing the performance. Edge computing proves to be beneficial when there is a poor connectivity between the devices and central server; also it helps in reducing the latency owing to the non-traversal of data to the central repository.
Cloud infrastructure plays a significant role in the current digital world by providing excellent services in terms of storage and cost; however the increasing amount of data generated in the real time applications would increase the load on the cloud. The increased traversal of data to the cloud would result in degrading the computing speed, thereby producing more latency. Adoption of edge computing would reduce the load on the central repository by transmitting only the required data, hence resulting in better performance Thus growing load on the cloud infrastructure drives the market significantly. Additionally the increased scope of applications in various sectors also propels the market growth. However the security and privacy concern regarding the edge computing may result in hampering the market growth. Adoption of micro data centers adjacent to the 5G wireless network towers would result in the enhancement of the 5G technology thereby generating better market opportunities.
Market Segmentation:The edge computing technology is majorly segmented on the basis of components, applications, organization size and end-use. Based on the components, market is segmented into: hardware, gateways, micro data centers and platform, while on the basis of applications the market is bifurcated into: smart cities, analytics, data caching, augmented realty and other. Depending upon the organization size, market is classified into: small and medium sized enterprise and large enterprises. Based on the end-use the market is classified into: manufacturing, healthcare, IT and Telecom, Government and Public and others.
Regional Analysis:Based on the geographical regions covered, the market is analysed across: North America, Europe, Asia Pacific and LAMEA (Latin America, Middle East and Africa). North America is expected to hold the major market share owing to the presence of well-established infrastructure and presence of prominent players in the region, while Asia Pacific is anticipated to witness a fast growth mainly due to the increased adoption of cloud services in the countries such as China, India and Japan.
Key Player:The major key players operating in the market are: Amazon (U.S.), General Electric (U.S.), Microsoft Incorporation (U.S.), Intel Corporation (U.S.), SAP SE (Germany), Alphabet Inc. (U.S.), Aricent (U.S.), IBM Corporation (U.S.), Huawei Technologies (China), Integrated Device Technology (U.S.) among others.
Global Edge Computing Market Segmentation:By Component:
- Microdata centers
- Smart Cities
- Data Caching
- Augmented Reality
By Organization Size:
- Small and Medium
- Large Enterprises
- IT and Telecom
- Government and Public
Research Scope:The study for Edge Computing Market will provide market size, estimates and forecast based on the following years:
Historic data: 2015Base Year Estimate: 2016Forecast: 2017 to 2025
The report has been categorized in two distinctive sections, where the first category titled as Market Overview provides a holistic view of the market, key trends, drivers, challenges/restraints or opportunities with their current and expected impact on the overall industry sales.
Our analyst implement several qualitative tools such as Ansoff’s Matrix, PESTEL analysis, Porter’s five force analysis among other to interpret and represent key industry findings.
The second section of the study provides market size, estimates and forecast for key market segments and regional market. The final part of the report highlights key manufacturers/vendors operating in the associated market.
1.1 Market Definition
1.2. Market Scope
2.1. Primary Research
2.2. Secondary Sources
2.3. Assumptions & Exclusions
3 Market Overview
3.1. Research Report Segmentation & Scope
3.2. Key Market Trend Analysis
3.2.1. Market Drivers
3.2.2. Market Restraint/Challenges
3.2.3. Market Opportunities
3.3. Porter’s Five Forces Analysis
3.4. Potential Venture Avenues
3.5. Market Share Analysis, 2016
Mr. Kevin Thomas
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