Edge Computing Market Analysis

Component (Hardware, Edge Managed Platforms, Software, Services)

Based on component, the hardware segment share in the edge computing market is anticipated to surpass 48% by the end of 2037. Edge computing hardware has become increasingly popular in recent years because it can offer a wide range of edge computing benefits, including reduced latency, data protection, security, flexibility, and cost savings. To meet workload demands, resource-intensive edge computing applications require high-performance hardware. Therefore, hardware designed for use at the edge is essential. An important part of edge computing is the edge gateway. Extend cloud capabilities to local edge devices and integrate different communication technologies. It works similarly to a local au pair and is efficient, secure, and low-latency.

Organization Size (Small and Medium Enterprise, Large Enterprise)

In terms of organization size, the large organization segment share in the edge computing market is expected to cross 79% by 2037. Large enterprises can greatly benefit from edge computing technology when it comes to cybersecurity. Edge computing gives businesses control over their data by deciding what data should be processed in a central unit and what data should remain in local sources. This improves the security of both personal and business information. Edge computing acts as a private cloud, allowing local data to be seamlessly integrated into a central cloud, resulting in a unified user interface. There are a large number of network-edge data centers that benefit enterprises. In 2022, there are currently just over 250 network edge data centers, and it is estimated that this will increase to close to 1,200 by 2026.  

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