Edge Computing market is expected to grow from USD 2.97 billion in 2019 to USD 16.80 billion by 2026 at a CAGR of 28% from 2020 to 2026.
Edge computing supplements the prevailing cloud paradigm by facilitating processing closer to the info source, thereby enabling organizations to hurry up decision-making. As an example, Purdue University that uses IoT sensors and devices to review and improve plant growth and food production processes, partnered with a foothold computing solution provider. With the partnership, the university now leverages the wireless and edge computing technologies to collect, collocate, process, and transmit the voluminous data generated by the sensors. Features like growing adoption of Internet of Things (IoT) across industries; increasing demand for low-latency processing and real-time, automated decision-making solutions; and a requirement for surmounting exponentially increasing data volumes and network traffic.
View Complete Report: @ https://marketreportslibrary.com/report/ic0258/edge-computing-market
The global Edge Computing market has been segmented as below:
By Components
Hardware
Platform
Services
By Application
Smart Cities
Industrial Internet of Things (IIoT)
Remote Monitoring
Content Delivery
Augmented Reality (AR) and Virtual Reality (VR)
Others
By Organization Size
Small and Medium-sized Enterprises (SMEs)
Large Enterprises
By Verticals
Manufacturing
Energy and Utilities
Government and Defense
Telecommunications
Media and Entertainment
Retail and Consumer Goods
Transportation and Logistics
Healthcare and Life Sciences
Others
By Region
Europe
North America
Asia Pacific
Rest of The World
Competitive Rivalry
Cisco, HPE , Huawei, Dell Technologies, Nokia, IBM , Foghorn Systems, Machineshop, Saguna Networks, Litmus Automation, and others are among the major players in the global Edge Computing market. The companies studied in terms of product strategy and various n several growth and expansion strategies to gain a competitive edge in the market. The major players not only follow value chain integration with business operations in multiple stages of the value chain.
Request a Sample of this Report: @ https://marketreportslibrary.com/request/sample/ic0258/edge-computing-market
Explore other reports from ”information and communications technology” sector @ https://marketreportslibrary.com/category/information-and-communications-technology

Contact Us:
SRR residency Mig-59,
7th phase Kphb colony
Near prathibha school
Hyderabad, 500072
[email protected]