Edge Computing Market

Sep 2020| VMR2680A| Verified Market Research

Report Highlights

Edge Computing Market Size And Forecast

Edge Computing Market was valued at USD 1.93 Billion in 2018 and is projected to reach USD 10.96 Billion by 2026, growing at a CAGR of 23.97% from 2019 to 2026.

Global Edge Computing Market Outlook

The market for edge computing is in traction as its application leads to the minimization of internet bandwidth use and server resources. Edge computing reduces latency and delays, therefore, raising its demand in the market. The growing adoption of the internet of things (IoT) devices in several industries and the growing amount of data generated has surged the demand for edge computing in the market. However, the high capital expenditure for its implementation might act as the biggest barrier of the market. Also, the key drawback of edge computing is that it can potentially lead to increased vector attacks, and therefore it might cause a market slowdown.

Global Edge Computing Market Competitive Landscape

The Global Edge Computing Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as IBM, Cisco, HPE, Huawei, GE Digital, Saguna Networks, Dell Technologies, Cloudflare, Inc.

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