Edge Computing Market ? Register an Impressive 16.4% CAGR over Forecast?Period

Posted by RASHMI on April 1st, 2019

The edge computing market report covers the historical growth trajectory for the 2012-2016 period to present a conclusive analysis of developments in the edge computing market between 2017 and 2022. The report covers all the key trends and technologies that are influencing the edge computing market over the report’s forecast period.

It also highlights drivers, restraints, and opportunities that are expected to influence the market’s growth during the aforementioned forecast period. The study provides a complete perspective on the global edge computing market’s evolution during the course of the forecast period in terms of revenue (in US$ Mn).

Geographically, the key segments of the global edge computing market are North America, Latin America, Europe, Japan, Asia Pacific except Japan, and the Middle East and Africa. In 2017, North America emerged as the most lucrative regional market; the region is expected to serve a demand to attract a revenue of US,496.2 mn in 2017. Expanding at a CAGR of 10.3% over the forecast period, the North America edge computing market is likely to be worth US,696.6 mn by the end of 2022.

However, the country of Japan is likely to surpass all in terms of growth rate. The region is likely to register an impressive 16.4% CAGR over 2017-2022 to reach US,763.5 mn by 2022.

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Europe is another key market for edge computing that is anticipated to clock 10.4% CAGR over the forecast period of 2017-2022, for the region to be worth US,319.4 mn by 2022 end.

Amongst all, the Middle East and Africa is expected to expand at a relatively slow CAGR of 5.3% over the forecast period to be valued at US7.3 mn by 2022 end.

Leading companies in the global edge computing market profiled in the report include Microsoft Corporation, IBM Corporation, Cisco Systems Inc., Google Inc., Hewlett Packard Enterprise Company, Intel Corp, Schneider Electric SE, Nokia Corporation, Huawei Technologies Co. Ltd., and Aricent Inc.