The global edge computing market size was valued at USD 3.5 billion in 2019 and recorded a CAGR exceeding 36% from 2019 to 2025. The power of data analytics in developing solutions for key industries. Additionally, to address network latency issues and the need for immediate real-time insight, a multi-location hybrid data architecture has evolved that stores data locally at the edge. In addition, the surge in demand from enterprises for more powerful computing at the edge has driven enterprises to provide AI-enabled edge solutions.
A full report of Edge Computing Market is available at: https://www.orionmarketreports.com/edge-computing-market/35536/
Edge Computing Market Segmentation
By Component
• Platform
• Hardware
• Services
By Application
• Industrial Internet of Things
• Smart Cities
• Content Delivery
• Remote Monitoring
• Augmented Reality & Virtual Reality
• Others
By Organization Size
• Small & Medium-Sized Enterprises
• Large Enterprises
By Vertical
• Energy & Utilities
• Manufacturing
• Telecommunications
• Government & Defense
• Retail & Consumer Goods
• Media & Entertainment
• Healthcare & Lifesciences
• Transportation & Logistics
• Others
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
