Edge Computing Market Size & Share 2023 – Business Review, Key Findings, Company Profiles, Growth Strategy, Developing Technologies, Trends and Forecast by Regions

Edge Computing Market

Edge Computing Market


Edge computing is a distributed and open platform that integrates the core capabilities of network, computing, storage, and application closest to the source of things or data in the network, and provides edge intelligent services nearby. Providing services on the edge of the network closer to the terminal is the biggest feature of edge computing. For such a design, it can meet the key needs of various industries in terms of digital agile connection, real-time business, data optimization, application intelligence, security and privacy protection. Its advantages promote intelligence, connecting the two worlds of physical and digital in series.In edge computing, terminal devices can complete storage and computing tasks at edge nodes. This change will produce two major advantages. First, because computing tasks can be performed at the edge, external computing power can effectively extend the computing capabilities of terminal devices. Second, it saves bandwidth resources due to computing tasks transmitted in the network. The core facility layer, edge computing center, edge network, and edge equipment are the four-layer functional structure of the basic edge computing architecture. This architecture can realize the “cloud-side-end” synergy effect.This report focuses on global and United States Edge Computing market, also covers the segmentation data of other regions in regional level and county level.Due to the COVID-19 pandemic, the global Edge Computing market size is estimated to be worth USD 11020 million in 2022 and is forecast to a readjusted size of USD 55930 million by 2028 with a CAGR of 31.1% during the review period. At present, major global manufacturers include IBM, Microsoft, Amazon Web Services, Dell, Cisco, HPE, Huawei, Lenovo, etc., and the global major manufacturers account for more than 60% in 2020.From a regional perspective, the North American market is the largest in the global edge computing consumer market, accounting for about 37% of the market, followed by Europe, accounting for about 32%. The Asia-Pacific region also plays a large role in this global market.From the application point of view, edge computing is mainly divided into hardware and software services, of which software services account for a relatively large amount, about 57%. In addition, the product can be used in a variety of fields, such as transportation and logistics, manufacturing, and IT communications.Edge Computing market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Edge Computing market will be able to gain the upper hand as they use the report as a powerful resource.

Major players covered in Edge Computing Market are:

  • IBM
  • Microsoft
  • Amazon Web Services
  • Dell
  • Cisco
  • HPE
  • Huawei
  • Lenovo
  • Nokia
  • Fujitsu
  • Gigabyte Technology
  • GE
  • ADLINK
  • Advantech
  • Atos
  • Litmus Automation

Market Segment by Type:

  • Hardware
  • Software and Service

Market Segment by Application:

  • Transportation and Logistics
  • Manufacturing
  • Energy and Utilities
  • Healthcare and Life Sciences
  • IT and Telecom
  • Others

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