Edge Computing Market (2024 - 2034)
Edge Computing Market Study by Hardware, Software, Services, and Edge-Managed Platforms for Energy & Utilities, Industrial, Transport & Logistics, Smart Cities & Homes, and Others from 2024 to 2034
Core Findings
FREE CustomizationEdge Computing Market Outlook (2024 to 2034)
The global edge computing market is projected to increase rapidly from a size of US$ 13.1 billion in 2024 to US$ 154.7 billion by the end of 2034, which amounts to expansion at a high-value CAGR of 28% over the next ten years.
A large number of devices are connected to the internet resulting in a massive amount of data in traditional data centers. Emerging technologies and the fast use of computing devices across several industries are projected to result in a large volume of decentralized data.
A vast amount of data results in latency and inefficiencies in processing. Edge computing shifts this data processing to the data sources instead of relying on data centers to manage and analyze data. This helps organizations in optimizing their systems. The healthcare industry has benefited from the use of software applications to track patient progress. Patients share their illnesses, and physicians guide them accordingly after receiving the data, which has fueled market growth.
Industries are implementing advanced technology to improve daily operations and speed up processes amid the growing trend of digitalization. Edge computing reduces storage and data transfer expenses, but it eventually raises organizations' capital expenditure. A system’s networked architecture exposes it to cyberattacks, making it prone to malware invasion and security flaws.
| Report Attributes | Details |
|---|---|
| Edge Computing Market Size (2024E) | US$ 13.1 Billion |
| Projected Market Value (2034F) | US$ 154.7 Billion |
| Global Market Growth Rate (2024 to 2034) | 28% CAGR |
| China Market Value (2034F) | US$ 17 Billion |
| Canada Market Growth Rate (2024 to 2034) | 28.6% CAGR |
| North America Market Share (2024E) | 23.9% |
| East Asia Market Value (2034F) | US$ 35.7 Billion |
| Key Companies Profiled | Cisco Systems Inc.; Microsoft Corporation; Amazon Web Services (AWS) Inc.; Moxa Inc.; NVIDIA Corporation.; Juniper Networks; Axellio; GE Digital |
What are the Edge Computing Market Trends to Follow?
“Growing Demand for IoT Devices and High-Performance Smartphone Applications”
Consumer demand for high-performance smartphone applications, such as high-definition multiplayer online battle arena (MOBA) games, is a significant edge computing use case. Edge computing and Internet of Things (IoT) technologies in countries like South Korea and China offer lucrative opportunities for service providers. IoT and edge computing for architects are emerging as key trend. Edge computing is a technological evolution that transcends any particular industry.
As edge computing continues to evolve, more industries find it relevant, bringing new requirements or offering existing ones in different contexts, attracting new parties to address these challenges. IoT-enabled devices require advanced network infrastructure and high processing speed, which are core benefits of edge computing. Consequently, the adoption of IoT devices, along with the introduction of high-performance smartphone applications, are contributing to the edge computing market growth. Large enterprises, such as those in the telecom and manufacturing sectors, are increasingly adopting edge computing.
What Obstacles are Edge Computing Service Providers Facing?
“Lack of Standardized Protocols and Interoperability Issues”
Edge computing manufacturers face a variety of challenges. Interoperability issues due to the diverse range of devices and systems involved in edge computing. This is closely tied to the standardization of protocols. Without standardized protocols, the integration and communication between different devices can be problematic.
Data security and privacy are also major concerns. As edge computing involves processing data closer to the source, ensuring the security and privacy of data becomes more complex. Infrastructure development is another challenge, especially for manufacturing plants in remote areas. These locations may struggle to provide the necessary infrastructure and power sources required for successful edge computing implementation.
Funding is a significant obstacle. Developing a hybrid cloud infrastructure, which is often essential for edge computing, requires substantial investment. These challenges must be addressed for edge computing to realize its full potential in the manufacturing industry.
Country-wise Insights
Fact.MR, a market research and competitive intelligence provider, asserts through its newly published analysis that North America is projected to hold 24.3% edge computing market share by 2034. Edge computing solution providers have expanded their reach to varied worldwide regions such as Southeast Asia, Central and South America, and Australia. This expansion allows them to efficiently meet rising worldwide demand and reduce reliance on a single source of supplies.
Which Factors are Enhancing Market Performance in the United States?
“Growing Adoption of 5G Services and IoT”
| Attribute | United States |
|---|---|
| Market Value (2024E) | US$ 1.4 Billion |
| Growth Rate (2024 to 2034) | 28.5% CAGR |
| Projected Value (2034F) | US$ 17.1 Billion |
The United States market is being influenced by the growing adoption of the Internet of Things (IoT) across various industry verticals, which is accompanied by an increase in the number of smart applications. Development and significance of big data as well as the rise in adoption of 5G devices and artificial intelligence (AI) are also contributing to the expansion of the edge computing market size.
As the number of connection points and the amount of data created by these devices increase, transporting all of that data to distant clouds for processing becomes more inefficient and costly. As a result, many enterprises are contemplating a hybrid cloud approach that incorporates edge computing into their existing cloud plans. This brings the cloud's scalable and elastic computing capabilities closer to the devices that create and consume data.
Which Key Strategies are Helping Market Players Establish Their Dominance in China?
“Focus on Establishing Smart Grids and Collaboration among Industry Stakeholders”
| Attribute | China |
|---|---|
| Market Value (2024E) | US$ 1.4 Billion |
| Growth Rate (2024 to 2034) | 28% CAGR |
| Projected Value (2034F) | US$ 17 Billion |
The pursuit of smart grids has sparked innovation in China's edge computing business. Chinese businesses are making great efforts to adapt to tough working conditions and operating environments on industrial sites. This includes building edge computing solutions that can withstand electromagnetic interference, dust, explosions, tremors, and current/voltage variations.
Ecosystem cooperation is developing with the efforts of both local and international organizations. This includes the edge computing consortium (ECC), which aims to foster collaboration among industry resources from the government, vendor, academic, research, and client sectors. Chinese companies are diversifying their product offerings and pursuing acquisitions and mergers.
Category-wise Insights
Edge computing components are divided into three segments such as hardware, software, and services. Out of these three, the hardware edge computing segment is set to occupy a 45% market share in 2024.
How Do Hardware Components Optimize System Efficiency?
“Role of Hardware Components in Reducing Latency and Accelerating Data Processing”
| Attribute | Hardware |
|---|---|
| Segment Value (2024E) | US$ 5.9 Billion |
| Growth Rate (2024 to 2034) | 26.5% CAGR |
| Projected Value (2034F) | US$ 61.9 Billion |
A hardware component comprises sensors, routers, and edge nodes or servers, with edge nodes/servers accounting for the majority of the market share. These edge nodes/gateways act as a bridge between local devices and the cloud, bringing processing capacity closer to the data source. This minimizes latency, accelerates data processing, and increases overall system efficiency.
Hardware components are designed to withstand a variety of operational environments such as electromagnetic interference, dust, explosions, vibrations, and current/voltage variations. This versatility makes them appropriate for deployment in a variety of situations and is boosting their demand in the market.
What is Contributing to High Demand for Edge Computing Solutions in the Industrial Sector?
“Decentralized Storage in Industrial Edge Computing Reducing Cybersecurity Risks”
| Attribute | Industrial |
|---|---|
| Segment Value (2024E) | US$ 3.4 Billion |
| Growth Rate (2024 to 2034) | 26.4% CAGR |
| Projected Value (2034F) | US$ 35.6 Billion |
The growing trend of factory automation and the use of connected devices in several end-use industries such as automotive and logistics is driving demand for edge computing. Edge computing allows enterprises to use the potential of IT and OT convergence, real-time data processing, and advanced analytics to drive efficiency, cut costs, and improve business outcomes in manufacturing.
Industrial edge computing enables enterprises to save network bandwidth by minimizing data transferred to the cloud. Organizations can potentially reduce cloud computing and storage costs by processing data locally. When computers and storage are decentralized, there is a lower danger of data compromise or a cyberattack bringing down the entire network. Industrial edge computing also has cost-cutting advantages.
Transferring vast amounts of inconsequential data to a centralized cloud is expensive; therefore, retaining such data at the edge and deleting it after use saves money. Edge computing also allows for easy tracking of specific devices or equipment implementation on a work floor. This helps manufacturers optimize equipment performance while reducing expenses and hazardous conditions.
Competitive Landscape
Market growth is being driven by several factors, including evolving consumer preferences, technological advancements, and global economic conditions. Key players in the edge computing industry are Cisco Systems Inc., Microsoft Corporation, Amazon Web Services (AWS) Inc., Moxa Inc., NVIDIA Corporation, Juniper Networks, Axellio, and GE Digital.
- Nokia launched four third-party applications for MX Industrial Edge in April 2023, enabling enterprises to connect, collect, and analyze data from disparate sources, including video cameras, and thus unlocking the value of operational technology assets over a robust and secure on-premises edge.
Key Segments of Edge Computing Market Research
-
By Component :
- Hardware
- Software
- Services
- Edge-Managed Platform
-
By Application :
- Energy & Utilities
- Industrial Applications
- Transportation & Logistics
- Smart Cities, Smart Homes, Smart Buildings
- Healthcare
- Agriculture
- Retail
- Data Centers
-
By Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- Middle East & Africa
Table of Content
- 1. Global Market - Executive Summary
- 2. Global Market Overview
- 3. Key Market Trends
- 4. Market Risk & Assessment
- 5. Market Background
- 6. Global Market Size (US$ Mn) Analysis and Forecast, 2018 to 2034
- 7. Global Market Value Analysis and Forecast 2018 to 2034
- 7.1. Global Market Value Analysis 2018 to 2023 And Forecast 2024 to 2034, By Component
- 7.1.1. Hardware
- 7.1.1.1. Edge Nodes/Gateways (Servers)
- 7.1.1.2. Sensors/Routers
- 7.1.1.3. Others
- 7.1.2. Software
- 7.1.3. Services
- 7.1.4. Edge-Managed Platform
- 7.1.1. Hardware
- 7.2. Global Market Value Analysis 2018 to 2023 And Forecast 2024 to 2034, By Application
- 7.2.1. Energy & Utilities
- 7.2.2. Industrial
- 7.2.3. Transportation & Logistics
- 7.2.4. Smart Cities, Smart Homes, Smart Buildings
- 7.2.5. Healthcare
- 7.2.6. Agriculture
- 7.2.7. Retail
- 7.2.8. Datacenters
- 7.2.9. Others
- 7.3. Global Market Value Analysis 2018 to 2023 And Forecast 2024 to 2034, By Region
- 7.3.1. North America
- 7.3.2. Latin America
- 7.3.3. Europe
- 7.3.4. East Asia
- 7.3.5. South Asia & Oceania
- 7.3.6. MEA
- 7.1. Global Market Value Analysis 2018 to 2023 And Forecast 2024 to 2034, By Component
- 8. North America Market Value Analysis And Forecast 2018 to 2034
- 9. Latin America Market Value Analysis And Forecast 2018 to 2034
- 10. Europe Market Value Analysis And Forecast 2018 to 2034
- 11. East Asia Market Value Analysis And Forecast 2018 to 2034
- 12. South Asia & Oceania Market Value Analysis And Forecast 2018 to 2034
- 13. Middle East & Africa Market Value Analysis And Forecast 2018 to 2034
- 14. Global Market – Emerging Countries Analysis
- 15. Country Analysis - Market Analysis 2018 to 2023 And Forecast 2024 to 2034
- 16. Competitive Assessment
- 17. Company Profiles
- 17.1. Cisco Systems, Inc.
- 17.2. ABB
- 17.3. Aricent, Inc.
- 17.4. Amazon Web Services (AWS), Inc.
- 17.5. Atos SE
- 17.6. Belden Inc.
- 17.7. Digi International Inc.
- 17.8. General Electric Company
- 17.9. Hewlett Packard Enterprise Development LP
- 17.10. Honeywell International Inc.
- 17.11. IBM Corporation
- 17.12. Intel Corporation
- 17.13. Microsoft Corporation
- 17.14. Moxa Inc.
- 17.15. SAP SE
- 17.16. Siemens AG
- 17.17. Sierra Wireless
- 18. Fact.MR Research Methodology
- 19. Disclaimer & Contact Information
List Of Table
Table 01: Global Market Value (US$ Mn) Analysis by Component, 2018 to 2023
Table 02: Global Market Value (US$ Mn) Forecast by Component, 2024 to 2034
Table 03: Global Market Value (US$ Mn) Analysis by Application, 2018 to 2023
Table 04: Global Market Value (US$ Mn) Forecast by Application, 2024 to 2034
Table 05: Global Market Value (US$ Mn) Analysis by Region, 2018 to 2023
Table 06: Global Market Value (US$ Mn) Forecast by Region, 2024 to 2034
Table 07: North America Market Value (US$ Mn) Analysis by Country, 2018 to 2023
Table 08: North America Market Value (US$ Mn) Forecast by Country, 2024 to 2034
Table 09: North America Market Value (US$ Mn) Analysis by Component, 2018 to 2023
Table 10: North America Market Value (US$ Mn) Forecast by Component, 2024 to 2034
Table 11: North America Market Value (US$ Mn) Analysis by Application, 2018 to 2023
Table 12: North America Market Value (US$ Mn) Forecast by Application, 2024 to 2034
Table 13: Latin America Market Value (US$ Mn) Analysis by Country, 2018 to 2023
Table 14: Latin America Market Value (US$ Mn) Forecast by Country, 2024 to 2034
Table 15: Latin America Market Value (US$ Mn) Analysis by Component, 2018 to 2023
Table 16: Latin America Market Value (US$ Mn) Forecast by Component, 2024 to 2034
Table 17: Latin America Market Value (US$ Mn) Analysis by Application, 2018 to 2023
Table 18: Latin America Market Value (US$ Mn) Forecast by Application, 2024 to 2034
Table 19: Europe Market Value (US$ Mn) Analysis by Country, 2018 to 2023
Table 20: Europe Market Value (US$ Mn) Forecast by Country, 2024 to 2034
Table 21: Europe Market Value (US$ Mn) Analysis by Component, 2018 to 2023
Table 22: Europe Market Value (US$ Mn) Forecast by Component, 2024 to 2034
Table 23: Europe Market Value (US$ Mn) Analysis by Application, 2018 to 2023
Table 24: Europe Market Value (US$ Mn) Forecast by Application, 2024 to 2034
Table 25: East Asia Market Value (US$ Mn) Analysis by Country, 2018 to 2023
Table 26: East Asia Market Value (US$ Mn) Forecast by Country, 2024 to 2034
Table 27: East Asia Market Value (US$ Mn) Analysis by Component, 2018 to 2023
Table 28: East Asia Market Value (US$ Mn) Forecast by Component, 2024 to 2034
Table 29: East Asia Market Value (US$ Mn) Analysis by Application, 2018 to 2023
Table 30: East Asia Market Value (US$ Mn) Forecast by Application, 2024 to 2034
Table 31: South Asia & Oceania Market Value (US$ Mn) Analysis by Country, 2018 to 2023
Table 32: South Asia & Oceania Market Value (US$ Mn) Forecast by Country, 2024 to 2034
Table 33: South Asia & Oceania Market Value (US$ Mn) Analysis by Component, 2018 to 2023
Table 34: South Asia & Oceania Market Value (US$ Mn) Forecast by Component, 2024 to 2034
Table 35: South Asia & Oceania Market Value (US$ Mn) Analysis by Application, 2018 to 2023
Table 36: South Asia & Oceania Market Value (US$ Mn) Forecast by Application, 2024 to 2034
Table 37: MEA Market Value (US$ Mn) Analysis by Country, 2018 to 2023
Table 38: MEA Market Value (US$ Mn) Forecast by Country, 2024 to 2034
Table 39: MEA Market Value (US$ Mn) Analysis by Component, 2018 to 2023
Table 40: MEA Market Value (US$ Mn) Forecast by Component, 2024 to 2034
Table 41: MEA Market Value (US$ Mn) Analysis by Application, 2018 to 2023
Table 42: MEA Market Value (US$ Mn) Forecast by Application, 2024 to 2034
Table 43: US Market Absolute & Opportunity, 2024 & 2034
Table 44: Canada Market Absolute & Opportunity, 2024 & 2034
Table 45: Brazil Market Absolute & Opportunity, 2024 & 2034
Table 46: Mexico Market Absolute & Opportunity, 2024 & 2034
Table 47: Argentina Market Absolute & Opportunity, 2024 & 2034
Table 48: Germany Market Absolute & Opportunity, 2024 & 2034
Table 49: U.K. Market Absolute & Opportunity, 2024 & 2034
Table 50: France Market Absolute & Opportunity, 2024 & 2034
Table 51: Italy Market Absolute & Opportunity, 2024 & 2034
Table 52: Spain Market Absolute & Opportunity, 2024 & 2034
Table 53: BENELUX Market Absolute & Opportunity, 2024 & 2034
Table 54: Russia Market Absolute & Opportunity, 2024 & 2034
Table 55: China Market Absolute & Opportunity, 2024 & 2034
Table 56: Japan Market Absolute & Opportunity, 2024 & 2034
Table 57: South Korea Market Absolute & Opportunity, 2024 & 2034
Table 58: Indonesia Market Absolute & Opportunity, 2024 & 2034
Table 59: Thailand Market Absolute & Opportunity, 2024 & 2034
Table 60: Indonesia Market Absolute & Opportunity, 2024 & 2034
Table 61: Malaysia Market Absolute & Opportunity, 2024 & 2034
Table 62: Australia & New Zealand Market Absolute & Opportunity, 2024 & 2034
Table 63: GCC Countries Market Absolute & Opportunity, 2024 & 2034
Table 64: South Africa Market Absolute & Opportunity, 2024 & 2034
Table 65: Turkey Market Absolute & Opportunity, 2024 & 2034
Table 66: Egypt Market Absolute & Opportunity, 2024 & 2034
List Of Figures
Figure 01: Global Market Historical Value (US$ Mn), 2018 to 2023
Figure 02: Global Market Value (US$ Mn) Forecast, 2024 to 2034
Figure 03: Global Market Absolute $ Opportunity, 2024 to 2034
Figure 04: Global Market Value Share & BPS Analysis by Component– 2018, 2024 & 2034
Figure 05: Global Market Y-o-Y Projection by Component, 2023-2034
Figure 06: Global Market Attractiveness by Component, 2024 to 2034
Figure 07: Global Market Absolute $ Opportunity - Hardware, 2018 to 2034
Figure 08: Global Market Absolute $ Opportunity - Software, 2018 to 2034
Figure 0: Global Market Absolute $ Opportunity - Services, 2018 to 2034
Figure 10: Global Market Absolute $ Opportunity - Edge-Managed Platform, 2018 to 2034
Figure 11: Global Market Value Share & BPS Analysis by Application– 2018, 2024 & 2034
Figure 12: Global Market Y-o-Y Projection by Application, 2023-2034
Figure 13: Global Market Attractiveness by Application, 2024 to 2034
Figure 14: Global Market Absolute $ Opportunity - Energy & Utilities, 2018 to 2034
Figure 15: Global Market Absolute $ Opportunity – Industrial, 2018 to 2034
Figure 16: Global Market Absolute $ Opportunity - Transportation & Logistics, 2018 to 2034
Figure 17: Global Market Absolute $ Opportunity – Smart Citifies, Smart Homes, Smart Building, and 2018 to 2034
Figure 18: Global Market Absolute $ Opportunity – Healthcare, 2018 to 2034
Figure 19: Global Market Absolute $ Opportunity - Agriculture, 2018 to 2034
Figure 20: Global Market Absolute $ Opportunity – Retail, 2018 to 2034
Figure 21: Global Market Absolute $ Opportunity – Datacenters, 2018 to 2034
Figure 22: Global Market Absolute $ Opportunity – Others, 2018 to 2034
Figure 23: Global Market Value Share & BPS Analysis by Region– 2018, 2024 & 2034
Figure 24: Global Market Analysis by Region, 2023-2034
Figure 25: Global Market Analysis by Region, 2024 to 2034
Figure 26: Global Market Absolute $ Opportunity - North America, 2018 to 2034
Figure 27: Global Market Absolute $ Opportunity - Latin America, 2018 to 2034
Figure 28: Global Market Absolute $ Opportunity - Europe, 2018 to 2034
Figure 29: Global Market Absolute $ Opportunity - East Asia, 2018 to 2034
Figure 30: Global Market Absolute $ Opportunity - South Asia & Oceania, 2018 to 2034
Figure 31: Global Market Absolute $ Opportunity - MEA, 2018 to 2034
Figure 32: North America Market Historical Value (US$ Mn), 2018 to 2023
Figure 33: North America Market Value (US$ Mn) Forecast, 2024 to 2034
Figure 34: North America Market Value Share & BPS Analysis by Country– 2018, 2024 & 2034
Figure 35: North America Market Y-o-Y Projection by Country, 2023-2034
Figure 36: North America Market Attractiveness by Country, 2024 to 2034
Figure 37: North America Market Absolute $ Opportunity - U.S., 2018 to 2034
Figure 38: North America Market Absolute $ Opportunity – Canada, 2018 to 2034
Figure 39: North America Market Value Share & BPS Analysis by Component– 2018, 2024 & 2034
Figure 40: North America Market Y-o-Y Projection by Component, 2023-2034
Figure 41: North America Market Attractiveness by Component, 2024 to 2034
Figure 42: North America Market Value Share & BPS Analysis by Application– 2018, 2024 & 2034
Figure 43: North America Market Y-o-Y Projection by Application, 2023-2034
Figure 44: North America Market Attractiveness by Application, 2024 to 2034
Figure 45: Latin America Market Historical Value (US$ Mn), 2018 to 2023
Figure 46: Latin America Market Value (US$ Mn) Forecast, 2024 to 2034
Figure 47: Latin America Market Value Share & BPS Analysis by Country– 2018, 2024 & 2034
Figure 48: Latin America Market Y-o-Y Projection by Country, 2023-2034
Figure 49: Latin America Market Attractiveness by Country, 2024 to 2034
Figure 50: Latin America Market Absolute $ Opportunity - Brazil, 2018 to 2034
Figure 51: Latin America Market Absolute $ Opportunity – Mexico, 2018 to 2034
Figure 52: Latin America Market Absolute $ Opportunity – Rest of Latin America, 2018 to 2034
Figure 53: Latin America Market Value Share & BPS Analysis by Component– 2018, 2024 & 2034
Figure 54: Latin America Market Y-o-Y Projection by Component, 2023-2034
Figure 55: Latin America Market Attractiveness by Component, 2024 to 2034
Figure 56: Latin America Market Value Share & BPS Analysis by Application– 2018, 2024 & 2034
Figure 57: Latin America Market Y-o-Y Projection by Application, 2023-2034
Figure 58: Latin America Market Attractiveness by Application, 2024 to 2034
Figure 59: Europe Market Historical Value (US$ Mn), 2018 to 2023
Figure 60: Europe Market Value (US$ Mn) Forecast, 2024 to 2034
Figure 61: Europe Market Value Share & BPS Analysis by Country– 2018, 2024 & 2034
Figure 62: Europe Market Y-o-Y Projection by Country, 2023-2034
Figure 63: Europe Market Attractiveness by Country, 2024 to 2034
Figure 64: Europe Market Absolute $ Opportunity - Germany, 2018 to 2034
Figure 65: Europe Market Absolute $ Opportunity – Mexico, 2018 to 2034
Figure 66: Europe Market Absolute $ Opportunity – U.K., 2018 to 2034
Figure 67: Europe Market Absolute $ Opportunity - Spain, 2018 to 2034
Figure 68: Europe Market Absolute $ Opportunity – BENELUX, 2018 to 2034
Figure 69: Europe Market Absolute $ Opportunity – Russia, 2018 to 2034
Figure 70: Europe Market Absolute $ Opportunity – Rest of Europe, 2018 to 2034
Figure 71: Europe Market Value Share & BPS Analysis by Component– 2018, 2024 & 2034
Figure 72: Europe Market Y-o-Y Projection by Component, 2023-2034
Figure 73: Europe Market Attractiveness by Component, 2024 to 2034
Figure 74: Europe Market Value Share & BPS Analysis by Application– 2018, 2024 & 2034
Figure 75: Europe Market Y-o-Y Projection by Application, 2023-2034
Figure 76: Europe Market Attractiveness by Application, 2024 to 2034
Figure 77: East Asia Market Historical Value (US$ Mn), 2018 to 2023
Figure 78: East Asia Market Value (US$ Mn) Forecast, 2024 to 2034
Figure 79: East Asia Market Value Share & BPS Analysis by Country– 2018, 2024 & 2034
Figure 80: East Asia Market Y-o-Y Projection by Country, 2023-2034
Figure 81: East Asia Market Attractiveness by Country, 2024 to 2034
Figure 82: East Asia Market Absolute $ Opportunity - China, 2018 to 2034
Figure 83: East Asia Market Absolute $ Opportunity – Japan, 2018 to 2034
Figure 84: East Asia Market Absolute $ Opportunity – South Korea, 2018 to 2034
Figure 85: East Asia Market Value Share & BPS Analysis by Component– 2018, 2024 & 2034
Figure 86: East Asia Market Y-o-Y Projection by Component, 2023-2034
Figure 87: East Asia Market Attractiveness by Component, 2024 to 2034
Figure 88: East Asia Market Value Share & BPS Analysis by Application– 2018, 2024 & 2034
Figure 89: East Asia Market Y-o-Y Projection by Application, 2023-2034
Figure 90: East Asia Market Attractiveness by Application, 2024 to 2034
Figure 91: South Asia & Oceania Market Historical Value (US$ Mn), 2018 to 2023
Figure 92: South Asia & Oceania Market Value (US$ Mn) Forecast, 2024 to 2034
Figure 93: South Asia & Oceania Market Value Share & BPS Analysis by Country– 2018, 2024 & 2034
Figure 94: South Asia & Oceania Market Y-o-Y Projection by Country, 2023-2034
Figure 95: South Asia & Oceania Market Attractiveness by Country, 2024 to 2034
Figure 96: South Asia & Oceania Market Absolute $ Opportunity - India, 2018 to 2034
Figure 97: South Asia & Oceania Market Absolute $ Opportunity – Thailand, 2018 to 2034
Figure 98: South Asia & Oceania Market Absolute $ Opportunity – Indonesia, 2018 to 2034
Figure 99: South Asia & Oceania Market Absolute $ Opportunity – Malaysia, 2018 to 2034
Figure 100: South Asia & Oceania Market Absolute $ Opportunity – Australia & New Zealand, 2018 to 2034
Figure 101: South Asia & Oceania Market Absolute $ Opportunity – Rest of South Asia & Oceania, 2018 to 2034
Figure 102: South Asia & Oceania Market Value Share & BPS Analysis by Component– 2018, 2024 & 2034
Figure 103: South Asia & Oceania Market Y-o-Y Projection by Component, 2023-2034
Figure 104: South Asia & Oceania Market Attractiveness by Component, 2024 to 2034
Figure 105: South Asia & Oceania Market Value Share & BPS Analysis by Application– 2018, 2024 & 2034
Figure 106: South Asia & Oceania Market Y-o-Y Projection by Application, 2023-2034
Figure 107: South Asia & Oceania Market Attractiveness by Application, 2024 to 2034
Figure 108: MEA Market Historical Value (US$ Mn), 2018 to 2023
Figure 109: MEA Market Value (US$ Mn) Forecast, 2024 to 2034
Figure 110: MEA Market Value Share & BPS Analysis by Country– 2018, 2024 & 2034
Figure 111: MEA Market Y-o-Y Projection by Country, 2023-2034
Figure 112: MEA Market Attractiveness by Country, 2024 to 2034
Figure 113: MEA Market Absolute $ Opportunity - GCC Countries, 2018 to 2034
Figure 114: MEA Market Absolute $ Opportunity – Turkey, 2018 to 2034
Figure 115: MEA Market Absolute $ Opportunity – South Africa, 2018 to 2034
Figure 116: MEA Market Absolute $ Opportunity – Northern Africa, 2018 to 2034
Figure 117: MEA Market Absolute $ Opportunity – Rest of MEA, 2018 to 2034
Figure 118: MEA Market Value Share & BPS Analysis by Component– 2018, 2024 & 2034
Figure 119: MEA Market Y-o-Y Projection by Component, 2023-2034
Figure 120: MEA Market Attractiveness by Component, 2024 to 2034
Figure 121: MEA Market Value Share & BPS Analysis by Application– 2018, 2024 & 2034
Figure 122: MEA Market Y-o-Y Projection by Application, 2023-2034
Figure 123: MEA Market Attractiveness by Application, 2024 to 2034
Figure 124: China Market Value Share & BPS Analysis by Component– 2018, 2024 & 2034
Figure 125: China Market Y-o-Y Projection by Component, 2023-2034
Figure 126: China Market Attractiveness by Component, 2024 to 2034
Figure 127: China Market Value Share & BPS Analysis by Application– 2018, 2024 & 2034
Figure 128: China Market Y-o-Y Projection by Application, 2023-2034
Figure 129: China Market Attractiveness by Application, 2024 to 2034
Figure 130: India Market Value Share & BPS Analysis by Component– 2018, 2024 & 2034
Figure 131: India Market Y-o-Y Projection by Component, 2023-2034
Figure 132: India Market Attractiveness by Component, 2024 to 2034
Figure 133: India Market Value Share & BPS Analysis by Application– 2018, 2024 & 2034
Figure 134: India Market Y-o-Y Projection by Application, 2023-2034
Figure 135: India Market Attractiveness by Application, 2024 to 2034
Figure 136: Mexico Market Value Share & BPS Analysis by Component– 2018, 2024 & 2034
Figure 137: Mexico Market Y-o-Y Projection by Component, 2023-2034
Figure 138: Mexico Market Attractiveness by Component, 2024 to 2034
Figure 139: Mexico Market Value Share & BPS Analysis by Application– 2018, 2024 & 2034
Figure 140: Mexico Market Y-o-Y Projection by Application, 2023-2034
Figure 141: Mexico Market Attractiveness by Application, 2024 to 2034
Figure 142: US Market Demand Analysis and Forecast by Component, 2024 & 2034
Figure 143: US Market Demand Analysis and Forecast by Application, 2024 & 2034
Figure 144: Canada Market Demand Analysis and Forecast by Component, 2024 & 2034
Figure 145: Canada Market Demand Analysis and Forecast by Application, 2024 & 2034
Figure 146: Brazil Market Demand Analysis and Forecast by Component, 2024 & 2034
Figure 147: Brazil Market Demand Analysis and Forecast by Application, 2024 & 2034
Figure 148: Argentina Market Demand Analysis and Forecast by Component, 2024 & 2034
Figure 149: Argentina Market Demand Analysis and Forecast by Application, 2024 & 2034
Figure 150: Germany Market Demand Analysis and Forecast by Component, 2024 & 2034
Figure 151: Germany Market Demand Analysis and Forecast by Application, 2024 & 2034
Figure 152: U.K. Market Demand Analysis and Forecast by Component, 2024 & 2034
Figure 153: U.K. Market Demand Analysis and Forecast by Application, 2024 & 2034
Figure 154: France Market Demand Analysis and Forecast by Component, 2024 & 2034
Figure 155: France Market Demand Analysis and Forecast by Application, 2024 & 2034
Figure 156: Italy Market Demand Analysis and Forecast by Component, 2024 & 2034
Figure 157: Italy Market Demand Analysis and Forecast by Application, 2024 & 2034
Figure 158: Spain Market Demand Analysis and Forecast by Component, 2024 & 2034
Figure 159: Spain Market Demand Analysis and Forecast by Application, 2024 & 2034
Figure 160: BENELUX Market Demand Analysis and Forecast by Component, 2024 & 2034
Figure 161: BENELUX Market Demand Analysis and Forecast by Application, 2024 & 2034
Figure 162: Russia Market Demand Analysis and Forecast by Component, 2024 & 2034
Figure 163: Russia Market Demand Analysis and Forecast by Application, 2024 & 2034
Figure 164: Japan Market Demand Analysis and Forecast by Component, 2024 & 2034
Figure 165: Japan Market Demand Analysis and Forecast by Application, 2024 & 2034
Figure 166: South Korea Market Demand Analysis and Forecast by Component, 2024 & 2034
Figure 167: South Korea Market Demand Analysis and Forecast by Application, 2024 & 2034
Figure 168: Thailand Market Demand Analysis and Forecast by Component, 2024 & 2034
Figure 169: Thailand Market Demand Analysis and Forecast by Application, 2024 & 2034
Figure 170: Indonesia Market Demand Analysis and Forecast by Component, 2024 & 2034
Figure 171: Indonesia Market Demand Analysis and Forecast by Application, 2024 & 2034
Figure 172: Malaysia Market Demand Analysis and Forecast by Component, 2024 & 2034
Figure 173: Malaysia Market Demand Analysis and Forecast by Application, 2024 & 2034
Figure 174: Australia & New Zealand Market Demand Analysis and Forecast by Component, 2024 & 2034
Figure 175: Australia & New Zealand Market Demand Analysis and Forecast by Application, 2024 & 2034
Figure 176: GCC Countries Market Demand Analysis and Forecast by Component, 2024 & 2034
Figure 177: GCC Countries Market Demand Analysis and Forecast by Application, 2024 & 2034
Figure 178: South Africa Market Demand Analysis and Forecast by Component, 2024 & 2034
Figure 179: South Africa Market Demand Analysis and Forecast by Application, 2024 & 2034
Figure 180: Turkey Market Demand Analysis and Forecast by Component, 2024 & 2034
Figure 181: Turkey Market Demand Analysis and Forecast by Application, 2024 & 2034
Figure 182: Egypt Market Demand Analysis and Forecast by Component, 2024 & 2034
Figure 183: Egypt Market Demand Analysis and Forecast by Application, 2024 & 2034
- FAQs -
How big is the edge computing market in 2024?
The global edge computing market is estimated at US$ 13.1 billion in 2024.
Which application is predicted to hold a leading market share in 2024?
Edge computing application in the industrial sector is set to account for 26.4% market share in 2024.
What is the estimated revenue generation from edge computing by 2034?
The market is forecasted to generate a revenue of US$ 154.7 billion by 2034.
What is the expected market growth rate through 2034?
The global market for edge computing is projected to expand at a CAGR of 28% through 2034.
How is the market projected to fare in North America?
The market in North America is forecasted to expand at a CAGR of 28.2%.
What is the growth rate for the East Asia market?
The market in East Asia is projected to grow at a CAGR of 28.4% from 2024 to 2034.
What are the forecasts for the market in Japan?
The edge computing market in Japan is calculated to increase at a CAGR of 28.6% through 2034.
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