Edge Computing Market Regional Analysis:
North America Market Insights
The edge computing market in North America is anticipated to hold the largest market share of 43% by the end of 2035. With the advancement of connected devices in North America, edge computing will capture a significant market in the region due to the growing need for storing and processing these vast amounts of data. In addition, the proliferation of IoT devices and smart technologies, the deployment of 5G in many parts of the region, and rapid expansion of cloud-edge convergence and big tech investments are expected to fuel market growth during the forecast period.
In the U.S., several organizations are increasingly moving towards distributed computing frameworks and cloud edge. This is encouraging industry giants to develop advanced edge computing solutions. In May 2024, Simply NUC announced the launch of the BMC-enabled extremeEDGE server product line, offering personalized solutions for healthcare, remote deployment, and industrial automation.
APAC Market Insights
The Asia Pacific edge computing market is predicted to be the fastest-growing during the forecast period owing to increasing adoption of edge computing and digital transformation across several sectors and rising demand for mobile and IoT devices. Countries such as China, India, Singapore, and South Korea are heavily investing in smart city projects and urban infrastructure, leading to high demand for advanced edge computing solutions.
In India, the government’s push for Digital India and 100+ smart cities, and rapidly expanding 5G and fiber infrastructure, are expected to support the growth of the edge computing market. Moreover, rising digital payments and fintech ecosystems, increasing number of startups and focus on expanding cloud capabilities to remote and semi-urban locations are likely to fuel market growth going ahead.