Global Edge Data Center Market 2020-2024 | Increase in Mobile Data Traffic

Posted by sarahbennu on November 9th, 2020

the global edge data center market and it is poised to grow by USD 5.90 billion during 2020-2024, progressing at a CAGR of almost 14% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Request for Technavio’s latest reports on directly and indirectly impacted markets. Market estimates include pre- and post-COVID-19 impact on the Edge Data Center Market. Download free sample report

The market is concentrated, and the degree of concentration will accelerate during the forecast period. 365 Data Centers, Compass Datacenters, DC BLOX Inc., Eaton Corp. Plc, EdgeConneX Inc., Huawei Investment & Holding Co. Ltd., Rittal GmbH & Co. KG, Schneider Electric SE, Vertiv Group Corp., and vXchnge are some of the major market participants. The increase in mobile data traffic will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Increase in mobile data traffic has been instrumental in driving the growth of the market.

Edge Data Center Market 2020-2024: Segmentation

Edge Data Center Market is segmented as below:

  • Component
  • IT Infrastructure
  • General Construction
  • Power Management Systems
  • Cooling Systems
  • Security Solutions
  • Racks
  • DCIM
  • Geographic Landscape
  • APAC
  • Europe
  • MEA
  • North America
  • South America

Edge Data Center Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our edge data center market report covers the following areas:

  • Edge Data Center Market Size
  • Edge Data Center Market Trends
  • Edge Data Center Market Analysis

This study identifies increasing investments in 5G networks as one of the prime reasons driving the edge data center market growth during the next few years.

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