Edge Computing Market 2020 – 2027: Business Trends, COVID – 19 Outbreak, Competitor Strategy, Global Segments, Industry Profit Growth, Landscape and Demand
                     Edge Computing Market 2020 – 2027: Business Trends, COVID – 19 
Outbreak, Competitor Strategy, Global Segments, Industry Profit 
Growth, Landscape and Demand
 Global Market For Edge Computing is estimated to reach USD 22,453.9 million 
by 2027, registering a 28.4% CAGR during the forecast period of 2020 to 2027 
and Edge Computing Market: By Technology (Mobile Edge Computing, Fog 
Computing), by Deployment (On-Premise and Cloud), by Component 
(Hardware, Software and Solutions).
Market Synopsis
Market Research Future (MRFR), in its latest the global edge computing market value can 
touch USD 22,453.9 Mn by 2024. MRFR predicted that the edge computing market can register 
at 28.4% CAGR across the assessment period 2018 to 2024. The rapid proliferation of Internet 
of Things (IoT) can impel the expansion of the market. The increased security concerns at 
public areas can drive the market growth. The rise in IoT trend and the high demand can impel 
the expansion of the market in years to come.
 
The rise in initiatives for digital transformation can prompt the expansion of the market in the 
years to come. The high adoption of IoT solutions by organizations can prompt the expansion 
of the edge computing market. The increase high the use of computing connected mobile 
devices and IoT enabled organizations to collect volumes of data and store at the repository 
can favour the edge computing market. In addition, the rise in the need to store, process, and 
analyse data to achieve specific tasks can fuel the rise of the edge computing market.
The edge computing favour processing of power and data storage with the application of 
artificial intelligence. The rise in the need for faster response across time and real-time data 
can impel the expansion of the market. The rise in need for resilient data communication can 
aid in the edge computing due to data communication paths over centralized network that can 
provide business continuity. Thus, can favour the expansion of the market in the years to come.
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Market Segmentation
The edge computing market segment study is based on technology, deployment, 
application, and vertical. The technology based segments of the market are fog 
computing and mobile edge computing. The deployment based segments of the 
edge computing market are on premise and cloud. The component based 
segment of the edge computing market are solutions, hardware, and software. 
The application based segments of the market are analytics, IoT, data caching, 
augmented reality, environment monitoring, location services, and others. The 
vertical based segments of the edge computing market are healthcare, 
manufacturing, transportation, energy & utilities, IT & telecommunication, 
semiconductor, government, hospitality, retail, education, and others.
Key players
 
MRFR recognized some reputed marketers of the world edge computing market. They are; 
General Electric Company, Amazon, Inc., Intel Corporation, Microsoft Corporation, SAP SE, 
Schneider Electric SE, Alphabet Inc., IBM Corporation, ADLINK Technology Inc., Huawei 
Technologies Co. Ltd., eInfochips, EdgeConnex Inc., Integrated Device Technology, Inc., 
Fujitsu Ltd, Siemens AG, The Hewlett Packard Enterprise Company, ZenLayer Inc., Rittal 
GmbH & Co. KG, ABB Ltd, Yokogawa Electric Corporation, and Advanced Micro Devices, 
Inc. The report details factors that can impact the market.
Regional Analysis
 
In current times, North America edge computing market can secure the prime position in 
the global market. The rise in the growing adoption of edge computing due to its benefits, 
such as reduced latency and high scalability, along with the implementation of data 
processing solution at the edge network can boost the regional market in the years to 
come. In North America, the US is expected to head the regional market with the largest 
share due to the rise in the adoption of edge computing solutions across automotive, 
surveillance, education, and healthcare sectors. In Europe, the increased adoption of edge 
computing solutions across France, the UK, Germany, Sweden, Spain, Italy, and the rest of 
EU can prompt the regional market. In Asia Pacific, the edge computing market is likely to 
rise due to the need for effective computing solutions.
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