5G Edge Cloud Network and Services Market Analysis

  • Report ID: 3758
  • Published Date: Aug 23, 2024
  • Report Format: PDF, PPT

5G Edge Cloud Network and Services Market Analysis

The market is segmented by end use industry into transportation, manufacturing, automotive, energy, healthcare, government & defense, and others, out of which, the manufacturing segment is anticipated to hold the largest share in the global 5G edge cloud network and services market. This can be accounted to the escalating usage of IoT sensors across factory floors, and increase in adoption of industrial automation systems in factories. Apart from these, rising implementation of edge computing with smart manufacturing platforms for effectively maintaining high-capacity data centers for storage is also predicted to propel market growth in the future. Additionally, on the basis of enterprise size, the large enterprises segment is assessed to grab the largest share during the forecast period owing to the growing implementation of edge computing and cloud in large businesses to improve operational efficiency. 

Our in-depth analysis of the global market includes the following segments:

           By Solution

  • Hardware
  • Platforms
  • Services

             By Enterprise Size

  • Large Enterprises
  • Small and Medium-Sized Enterprises

 

 

           By End Use Industry

  • Transportation
  • Manufacturing
  • Automotive
  • Energy
  • Healthcare
  • Government & Defense
  • Others
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Browse Key Market Insights with Data Illustration:


Author Credits:  Abhishek Verma


  • Report ID: 3758
  • Published Date: Aug 23, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of 5G edge cloud network and services is estimated at USD 5.95 billion.

5G Edge Cloud Network and Services Market size was over USD 5.32 billion in 2023 and is anticipated to reach USD 32 billion by 2036, growing at around 14.8% CAGR during the forecast period i.e., between 2024-2036. The market growth is driven by growing need to manage mobile devices, applications and communication among enterprises, and increasing number of smartphones in use.

Europe industry is predicted to account for largest revenue share by 2036, propelled by growing investments by governments for the deployment of 5G technology in the public sector.

The major players in the market are Dell Inc., IBM Corporation, Amazon Web Services Inc., Cisco Systems, Inc., and others.
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