Edge Computing Market Size, Navigating Growth Opportunities and Forecasted Outlook from 2024–2030
According to Precision Business Insights, the global edge computing market size was valued at USD 3.9 billion in 2023 and is poised to grow at a significant CAGR of 36.8% during the forecast period 2024-30. It also includes market size and projection estimations for each of the five major regions from 2024 to 2030.
The Edge Computing Market Leaders:
The Edge Computing Market Overview:
The research report includes historical data, trending features, and market growth estimates for the future. The research report includes historical data, trending features, and market growth estimates for the future. Furthermore, the study includes a global and regional estimation and is further split by nations and categories within each region. The research also includes factors and barriers to the edge computing market growth, as well as their impact on the market's future growth. The report gives a comprehensive overview of both primary and secondary data.
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Edge Computing Market Segmentation:
1) By Component: Hardware, Platform, and Service
2) By Application: Smart Cities, Industrial Internet of Things [IoT], Remote monitoring, Content Delivery, Augmented Reality [AR] and Virtual Reality [VR], and others
3) By Organization Size: Small, Medium and Large Sized Enterprise
4) By Verticals: Manufacturing, Energy & Utility, Government & Defense, Telecommunications, Media & Entertainment, Retail & Consumer Goods, Transportation & Logistics, Healthcare & Life Science, and others
The primary factors of the edge computing market drivers are the growing demand for automation and an increasing number of litigations in the legal industry. The edge computing market report helps to provide the best results for business enhancement and business growth. It further helps to obtain the reactions of consumers to a novel product or service. It becomes possible for business players to take action to change perceptions. It uncovers and identifies potential issues of the customers. It becomes easy to obtain the reactions of the customers to a novel product or service. It also enlightens further advancement, so it suits its intended market.