Uploaded on Oct 11, 2021
On the basis of components, the market is segmented into hardware and software. The software market is growing at a highest CAGR and has accounted for the largest share attributed to low cost, increasing functionality, as well as advancements in features & designs. Furthermore, the constantly decreasing costs of sensors, storage devices, and semiconductor devices is one of the factor which is fueling the market growth of hardware in fog computing.
Fog Computing Market Size, Share, Trends And Forecast To 2026
Fog Computing Market
Set to Reach $934 Million by 2026 | CAGR: 62.6%
“Fog Computing Market [By Hardware (Routers/Gateways, Switches,
Controllers, Sensors, Others); By Software (Fog Computing Platforms,
Custom Application Software); By Service (Professional Service,
Traininng Service); By Application (Smart Homes/Smart Cities, Smart
Energy, Smart Manufacturing, Connected Healthcare, Smart Transport,
Others) By Regions]: Market Size & Forecast, 2017 – 2026”
Fog Computing Market Estimate & Forecast
According to the latest report by Polaris Market Research, the global Fog Computing
market is growing at a faster pace and is projected to reach $934 Million by 2026,
registering a significant CAGR of 62.6% during the forecast period 2017 to 2026.
The global market report provides a comprehensive evaluation of the market for the forecast
period which comprises of analysis of the industry in terms of factors and trends that are
playing a vital role in the overall progress of the market. This report provides a key analysis
of the current dynamics, major segments, competitive landscape, major innovations, COVID-
19 pandemic impact, and other factors that are playing a crucial role for the market.
Huge investments in R&D activities, the presence of leading global players, significant
progress in terms of technological advancements, and supportive government policies are
creating a positive outlook for the overall growth of the Fog Computing market.
An extensive research report on the Fog Computing market sheds light on the micro and
macro aspects of the industry. The report presents in-depth insights into the market using
the assessment of Porter’s Five Forces model and SWOT analysis. The vital information
featured in the report will help industry leaders in their decision-making process and
businesses to devise their future strategies.
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Fog Computing Market Scope
By Hardware By Software By Service By Application By Region
• Routers/Gateways • Fog Computing • Professional Service • Smart ∙ North America
• Switches Platforms • Training Service ∙ Europe Homes/Smart
• Controllers • Custom Application
∙ Asia Pacific
Cities
∙ Latin America Middle East
• Sensors Software • Smart Energy
& Africa
• Others • Smart
Manufacturing
• Connected
Healthcare
• Smart Transport
• Others
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Fog Computing Market Estimate & Forecast
The report includes detailed coverage of the Fog Computing market based on product
type, application, end-use, and region. The report also sheds light on the fastest-growing
segments of the market and gives future projections for the same keeping in mind the
emerging trends and patterns. The authentic data provided in the research report will act as
a major input for market players and other stakeholders related to the target market.
The market analysis comprises a section solely dedicated to major players in the Fog
Computing market wherein our expert research analysts provide an insight into profiles of
all the prominent players along with a special focus on recent developments and major
innovations influencing the target market. The competitive outlook section also discusses
major development strategies, market share value, and industry ranking analysis for the
below-mentioned players. Leading players present in the Fog Computing market are GE
Digital, Cisco Systems, Inc., Toshiba Corporation, Nebbilo Technologies, Microsoft
Corporation, Intel Corporation, Dell Inc., Fujitsu, Schneider Electric Software, LLC,
ARM Holding Plc., and PrismTech Corporation.
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Fog Computing Market Size
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