Edge Computing Market till 2035: Distribution by Type of Component, Type of Deployment, Type of Connectivity, Areas of Application, Type of End-Users, Company Size, and Key Geographical Regions: Industry Trends and Global Forecasts

The global edge computing market size is estimated to grow from USD 83.72 billion in the current year USD 1.53 trillion by 2035, at a CAGR of 30.23% during the forecast period, till 2035.

The opportunity for edge computing market has been distributed across the following segments:

Type of Component

• Application/Software
• Edge Cloud Infrastructure
• Hardware
• Network
• Services

Type of Deployment

• Cloud
• On-Premises

Type of Connectivity

• 5G
• Bluetooth
• Cellular IoT
• Private Networks

Areas of Application

• Augmented Reality and Virtual Reality
• IIoT Applications
• Predictive Maintenance
• Robotics & Automation
• Remote Monitoring
• Smart Cities
• Others

Type of End-User

• Automotive
• BFSI
• Healthcare
• IT & Telecom
• Manufacturing
• Oil & Gas
• Retail
• Others

Company Size

• Large Enterprises
• Small and Medium Enterprises

Geographical Regions

• North America
• US
• Canada
• Mexico
• Other North American countries
• Europe
• Austria
• Belgium
• Denmark
• France
• Germany
• Ireland
• Italy
• Netherlands
• Norway
• Russia
• Spain
• Sweden
• Switzerland
• UK
• Other European countries
• Asia
• China
• India
• Japan
• Singapore
• South Korea
• Other Asian countries
• Latin America
• Brazil
• Chile
• Colombia
• Venezuela
• Other Latin American countries
• Middle East and North Africa
• Egypt
• Iran
• Iraq
• Israel
• Kuwait
• Saudi Arabia
• UAE
• Other MENA countries
• Rest of the World
• Australia
• New Zealand
• Other countries

Edge Computing Market: Growth and Trends

Edge computing is a technology framework that enables data processing and storage closer to the data source, facilitating rapid and real-time analysis. This approach enhances data processing speed, reduces latency, strengthens security, and boosts overall system performance. Essentially, it operates through a mesh network of micro data centers that locally handle and store data before transferring it to cloud storage. Built on a distributed computing architecture, edge computing allows multiple users to access information simultaneously from interconnected devices. Its primary objective is to minimize operational delay to mere milliseconds.

The edge computing market is poised for significant growth, driven by the integration of edge artificial intelligence (AI) and the ongoing advancement of Internet of Things (IoT) technologies. The rapid adoption of edge devices, ranging from IoT-enabled equipment such as mobile point-of-sale terminals, smart cameras, industrial PCs, and medical sensors to gateways and computing infrastructure, further accelerates market expansion. These devices collectively enable faster, real-time insights at the data source, fueling the continued development of the edge computing industry.

Edge Computing Market: Key Segments

Market Share by Type of Component

Based on type of component, the global edge computing market is segmented into application / software, edge cloud infrastructure, hardware, network, and services. According to our estimates, currently, the hardware segment captures the majority of the market share. This expansion is primarily driven by the rising global investments from hardware-focused edge vendors. Moreover, the growing adoption of IoT and edge computing technologies has enhanced device capabilities, intensifying the need for real-time decision-making with improved accuracy and minimal latency.

However, the services segment is expected to grow at a higher CAGR during the forecast period. This increase is driven by the increasing demand for managed and professional services.

Market Share by Type of Deployment

Based on type of deployment, the global edge computing market is segmented into on-cloud, and on-premises. According to our estimates, currently, the cloud-based segment captures the majority of the market share. This can be attributed to the superior flexibility, scalability, and cost efficiency provided by cloud-based solutions. Additionally, the rising focus of digital signage manufacturers on enhancing accessibility and operational efficiency continues to drive the growth of the cloud deployment segment.

Market Share by Type of Connectivity

Based on type of connectivity, the global edge computing market is segmented into 5G, Bluetooth, cellular IoT, and private networks. According to our estimates, currently, the 5G segment captures the majority of the market share. This growth is primarily attributed to its ability to enable high-speed data transmission and ultra-low latency, both essential for efficient edge computing operations. Additionally, this segment is expected to record the highest CAGR over the forecast period, fueled by the accelerated deployment of 5G chipsets and networks, as well as the growing demand for real-time data processing across multiple industries.

Market Share by Area of Application

Based on area of application, the global edge computing market is segmented into augmented reality and virtual reality, IIoT applications, predictive maintenance, robotics & automation, remote monitoring, smart cities, and others. According to our estimates, currently, the industrial internet of things segment captures the majority of the market share. This growth is primarily driven by the widespread adoption of IIoT solutions across multiple industries and the increasing integration of connected devices.

Market Share by Type of End-User

Based on type of end-user, the global edge computing market is segmented into automotive, BFSI, healthcare, IT & telecom, manufacturing, oil & gas, retail, and others. According to our estimates, currently, the manufacturing segment captures the majority of the market share. This growth is driven by the adoption of advanced digital technologies for data collection, analysis, real-time product insights, and operational efficiency. However, the healthcare segment is expected to grow at a higher CAGR during the forecast period. This rapid expansion is supported by the ongoing digital transformation across healthcare facilities, particularly in applications such as patient monitoring, telemedicine, and data management.

Market Share by Company Size

Based on company size, the global edge computing market is segmented into a large and small and medium enterprise. According to our estimates, currently, the large enterprise segment captures the majority of the market share. This increase can be attributed to their agility, innovative approach, focus on specialized market segments, and adaptability to evolving customer demands and market dynamics.

Market Share by Geographical Regions

Based on geographical regions, the edge computing market is segmented into North America, Europe, Asia, Latin America, Middle East and North Africa, and the rest of the world. According to our estimates, currently North America captures the majority share of the market. This dominance is attributed to the region’s advanced technological infrastructure, active adoption of edge computing strategies, and substantial investments from leading industry participants

Edge Computing Market: Research Coverage

The report on the edge computing market features insights on various sections, including:

• Market Sizing and Opportunity Analysis: An in-depth analysis of the edge computing market, focusing on key market segments, including [A] type of component, [B] type of deployment, [C] type of connectivity, [D] areas of application, [E] type of end-users, [F] company size, and [G] key geographical regions.
• Competitive Landscape: A comprehensive analysis of the companies engaged in the edge computing market, based on several relevant parameters, such as [A] year of establishment, [B] company size, [C] location of headquarters and [D] ownership structure.
• Company Profiles: Elaborate profiles of prominent players engaged in the edge computing market, providing details on [A] location of headquarters, [B] company size, [C] company mission, [D] company footprint, [E] management team, [F] contact details, [G] financial information, [H] operating business segments, [I] portfolio, [J] moat analysis, [K] recent developments, and an informed future outlook.
• Megatrends: An evaluation of ongoing megatrends in the edge computing industry.
• Patent Analysis: An insightful analysis of patents filed / granted in the edge computing domain, based on relevant parameters, including [A] type of patent, [B] patent publication year, [C] patent age and [D] leading players.
• Recent Developments: An overview of the recent developments made in the edge computing market, along with analysis based on relevant parameters, including [A] year of initiative, [B] type of initiative, [C] geographical distribution and [D] most active players.
• Porter’s Five Forces Analysis: An analysis of five competitive forces prevailing in the edge computing market, including threats of new entrants, bargaining power of buyers, bargaining power of suppliers, threats of substitute products and rivalry among existing competitors.
• SWOT Analysis: An insightful SWOT framework, highlighting the strengths, weaknesses, opportunities and threats in the domain. Additionally, it provides Harvey ball analysis, highlighting the relative impact of each SWOT parameter.
• Value Chain Analysis: A comprehensive analysis of the value chain, providing information on the different phases and stakeholders involved in the edge computing market.

Key Questions Answered in this Report

• How many companies are currently engaged in edge computing market?
• Which are the leading companies in this market?
• What factors are likely to influence the evolution of this market?
• What is the current and future market size?
• What is the CAGR of this market?
• How is the current and future market opportunity likely to be distributed across key market segments?

Reasons to Buy this Report

• The report provides a comprehensive market analysis, offering detailed revenue projections of the overall market and its specific sub-segments. This information is valuable to both established market leaders and emerging entrants.
• Stakeholders can leverage the report to gain a deeper understanding of the competitive dynamics within the market. By analyzing the competitive landscape, businesses can make informed decisions to optimize their market positioning and develop effective go-to-market strategies.
• The report offers stakeholders a comprehensive overview of the market, including key drivers, barriers, opportunities, and challenges. This information empowers stakeholders to stay abreast of market trends and make data-driven decisions to capitalize on growth prospects.

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