Edge Computing Market by Component (Hardware, Software, and Services), Application (Smart Cities, Remote Monitoring, loT, AR and VR, Content Delivery), Organization Size (Large Enterprises and SMEs), Vertical and Region - Global Forecast to 2028

Abstract
The edge computing market size is expected to grow from USD 53.6 billion in 2023 to USD 111.3 billion by 2028, at a Compound Annual Growth Rate (CAGR) of 15.7% during the forecast period. The requirement of companies to collect and analyze data at the very source from where it is generated, growth of IoT networks, increased bandwidth, reduced latency, cost effectiveness, emergence of edge native cloud platforms have made connecting edge devices and sensors the need of the hour, hence compelling enterprises to adopt and harness the power of edge computing.

By component, services segment to exhibit significant growth during the forecast period

The services segment plays a crucial role in the edge computing market, providing a range of essential functions and support to ensure the successful implementation and operation of edge computing solutions. Services in the edge computing market encompass a variety of offerings that cater to the unique requirements and complexities of edge deployments. Consulting and advisory services form a significant part of the services segment.

These services assist organizations in understanding the potential benefits of edge computing, assessing their specific needs, and devising an appropriate strategy for implementation. Consultants guide businesses in identifying the optimal edge infrastructure, network architecture, and edge device placement to achieve their desired outcomes. Next, the integration and deployment services are also vital in the edge computing ecosystem. These services aid organizations in seamlessly integrating edge computing solutions into their existing IT infrastructure.

They involve activities such as hardware and software installation, configuration, testing, and system integration. By leveraging these services, businesses can effectively bridge the gap between their current infrastructure and the edge environment. Furthermore, managed services play a significant role in ensuring the ongoing smooth operation of edge computing deployments. These services encompass monitoring, maintenance, and support for the edge infrastructure, as well as managing software updates, security patches, and performance optimization.

Managed services relieve organizations of the complexities associated with managing distributed edge environments and enable them to focus on their core competencies. And then the training and education services contribute to the growth of the edge computing market. These services provide organizations with the knowledge and skills required to operate and manage edge computing solutions effectively. Training programs may cover topics such as edge architecture, edge analytics, security practices, and data governance, empowering businesses to derive maximum value from their edge deployments.

Summarily, the services segment in the edge computing market is vital for supporting organizations throughout their edge computing journey, encompassing consulting, integration, deployment, managed services, and training. These services enable businesses to overcome implementation challenges, optimize performance, and achieve the desired business outcomes from their edge computing initiatives.

By application, AR & VR segment to exhibit decent growth during the forecast period

AR is more common and has more practical applications. The technology behind AR requires devices to process visual data and represent visual elements in real time. Without the edge technology, these visual elements need to send back to the centralized data centers, where these elements can be added before sending it back to that device. This arrangement will offer significant latency. Edge technology will enable IoT devices to integrate AR displays instantly, enabling users to look and take in new AR details without much loading time.

AR devices have applications beyond entertaining applications, such as retail, where it is being utilized to display product information. Thus, edge architecture will play a vital role in providing these applications with minimal latency. AR is an extremely complex technology. The device must understand data from multiple sensors to react in a real-time environment. Edge infrastructure enables these devices to react in real-time immediately, without delay in data transfer speed. Thus, edge technology will introduce speed and accuracy to make these devices more accurate across applications.

By vertical, government and defense vertical to grow significantly during the forecast period

Growing expectations from citizens and dropping budgets during the global financial crisis are limiting the ability of policymakers, administrators, and key decision-makers to meet the citizens’ needs. To aptly serve the needs of citizens, government agencies must advance and expand the deployment of advanced technologies for the development of infrastructure for smart cities, such as traffic monitoring, parking management, and waste management.

Government agencies are increasingly infusing edge computing in their IT infrastructure to gain greater data visibility in far-flung locations and achieve faster data analysis. This enables them to identify assets at greater risk and explore new mission scenarios for minimizing loss and optimizing efficiency. For instance, the US Air Force deployed Dell and Microsoft’s cloud and edge computing solutions and saved USD 1 million in weekly tanker refuelling costs. US Marine and other special forces also use such applications to achieve situational awareness.

Latin American region is showing promising growth in the edge computing market during the forecast period in 2023

Companies in the region are focusing on providing better services and establishing communications with their customers. Owing to low-cost software requirements and various cloud computing benefits, such as easy adaptability, multitenancy, and a high degree of abstraction, various companies across Latin America have adopted cloud computing technology.

However, with the peaking data volumes, Latin American companies are expected to adopt edge computing to eliminate network congestion issues and data loss risks. Cloud computing addresses inefficiencies by flattening peak loads and optimizing data centers, and edge computing add to the benefits by providing low latency connectivity and high bandwidth for data transmission. Owing to the proliferation of 5G, data-driven enterprises would demand quick and real-time access to data; hence, edge computing is expected to grow in this region.

In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews were conducted with the key people.

The breakup of the profiles of the primary participants is as follows:
•By Company Type: Tier I: 35%, Tier II: 25%, and Tier III: 40%
•By Designation: C-Level: 25%, D-Level: 30%, and Others: 45%
•By Region: North America: 42%, Europe: 25%, APAC: 18%, Row: 15%

The report profiles the following key vendors:
Cisco (US), AWS (US), Dell Technologies (US), Google (US), HPE (US), Huawei (China), IBM (US), Intel (US), Litmus Automation (US), Microsoft (US), Nokia (Finland), ADLINK (Taiwan), Axellio (US), Capgemini (France), ClearBlade (US), Digi International (US), Fastly (US), StackPath (US), Vapor IO (US), GE Digital (US), Moxa (Taiwan), Sierra Wireless (Canada), Juniper Networks (US), EdgeConnex (US), Belden (US), Saguna Networks (Israel), Edge Intelligence (US), Edgeworx (US), Sunlight.io (UK), Mutable (US), Hivecell (US), Section (US), EdgeIQ (US).

Research Coverage
The report segments the edge computing market by the component segment which includes software, hardware, and services.
Based on the application, the market is segmented into smart cities, Industrial Internet of Things (IIoT), remote monitoring, content delivery, Augmented Reality (AR) and Virtual Reality (VR), and other applications (autonomous vehicles, drones, and gaming).

The market is also segmented based on organization sizes as small and medium-sized enterprises and large enterprises.
Different verticals using edge computing solutions include manufacturing, energy and utilities, government and defense, healthcare and life sciences, media and entertainment, retail and consumer goods, telecommunications, transportation and logistics, and other verticals (education and BFSI).
The geographic analysis of the edge computing market is spread across five major regions: North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.

Key Benefits of Buying the Report
•The report will help the market leaders/new entrants in the edge computing market with information on the closest approximations of the revenue numbers for the overall edge computing market and the subsegments across regions.
•The report provides the impact of recession on the aforesaid market, among top vendors worldwide, along with figures which are the closest approximations, estimated and projected.
•The report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and to plan suitable go-to-market strategies.
•The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities. It would help stakeholders understand the market dynamics better, their competitors better and gain more insights to uplift their positions in the market.
•The competitive landscape section includes a competitor ecosystem, market diversification parameters such as new product launch, product enhancement, partnerships, agreement, integration, collaborations, and acquisitions.
•The Market quadrant of edge computing vendors have been precisely incorporated as a figure which helps readers understand market players categorization and their performance.
•In-depth exhaustive assessment of market shares, growth strategies and service offerings of leading players in the edge computing market strategies.
•The report also helps stakeholders understand the competitive analysis by these market players via competitive benchmarking tables.

Content
Table of Contents

1INTRODUCTION38
1.1STUDY OBJECTIVES38
1.2MARKET DEFINITION38
1.2.1INCLUSIONS AND EXCLUSIONS38
1.3MARKET SCOPE39
1.3.1MARKET SEGMENTATION39
1.3.2REGIONS COVERED40
1.3.3YEARS CONSIDERED40
1.4CURRENCY CONSIDERED41
TABLE 1USD EXCHANGE RATES, 2019–202241
1.5STAKEHOLDERS41
1.6SUMMARY OF CHANGES41
2RESEARCH METHODOLOGY43
2.1RESEARCH DATA43
FIGURE 1EDGE COMPUTING MARKET: RESEARCH DESIGN43
2.1.1SECONDARY DATA44
2.1.2PRIMARY DATA44
2.1.2.1Breakup of primary profiles45
FIGURE 2BREAKUP OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION45
2.1.2.2Primary respondents45
TABLE 2PRIMARY RESPONDENTS: EDGE COMPUTING MARKET45
2.1.2.3Key industry insights46
2.2MARKET BREAKUP AND DATA TRIANGULATION47
FIGURE 3DATA TRIANGULATION47
2.3MARKET SIZE ESTIMATION48
FIGURE 4EDGE COMPUTING MARKET: TOP-DOWN AND BOTTOM-UP APPROACHES48
FIGURE 5MARKET SIZE ESTIMATION METHODOLOGY – APPROACH 1 (SUPPLY-SIDE): REVENUE OF SERVICES FROM EDGE COMPUTING VENDORS49
FIGURE 6MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH (SUPPLY-SIDE): COLLECTIVE REVENUE OF EDGE COMPUTING VENDORS50
FIGURE 7MARKET SIZE ESTIMATION METHODOLOGY - APPROACH 2 (DEMAND-SIDE): EDGE COMPUTING MARKET50
FIGURE 8MARKET SIZE ESTIMATION METHODOLOGY – SUPPLY-SIDE: ILLUSTRATION OF VENDOR REVENUE ESTIMATION51
2.4MARKET FORECAST51
TABLE 3FACTOR ANALYSIS51
2.4.1RECESSION IMPACT ANALYSIS52
2.5ASSUMPTIONS52
2.6LIMITATIONS53
3EXECUTIVE SUMMARY54
FIGURE 9GLOBAL EDGE COMPUTING MARKET, 2020–2028 (USD MILLION)54
3.1EDGE COMPUTING MARKET: OVERVIEW OF RECESSION IMPACT55
FIGURE 10TOP-GROWING SEGMENTS IN EDGE COMPUTING MARKET, 2023–202855
FIGURE 11SOFTWARE SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD56
FIGURE 12IIOT APPLICATION TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD57
FIGURE 13SMES SEGMENT TO GROW AT HIGHER CAGR DURING FORECAST PERIOD57
FIGURE 14MANUFACTURING VERTICAL TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD58
FIGURE 15ASIA PACIFIC TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD58
4PREMIUM INSIGHTS60
4.1ATTRACTIVE OPPORTUNITIES FOR COMPANIES IN EDGE COMPUTING MARKET60
FIGURE 16INCREASING USE OF BYOD IN BUSINESS AND TECHNOLOGICAL EVOLUTION TO DRIVE MARKET60
4.2EDGE COMPUTING MARKET, BY COMPONENT, 2023 VS. 202860
FIGURE 17HARDWARE SEGMENT TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD60
4.3EDGE COMPUTING MARKET, BY APPLICATION, 2023 VS. 202861
FIGURE 18SMART CITIES SEGMENT TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD61
4.4EDGE COMPUTING MARKET, BY ORGANIZATION SIZE, 2023 VS. 202861
FIGURE 19LARGE ENTERPRISES SEGMENT TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD61
4.5EDGE COMPUTING MARKET, BY VERTICAL, 2023 VS. 202862
FIGURE 20MANUFACTURING VERTICAL TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD62
4.6EDGE COMPUTING MARKET: REGIONAL SCENARIO, 2023–202862
FIGURE 21ASIA PACIFIC TO EMERGE AS BEST MARKET FOR INVESTMENTS IN NEXT FIVE YEARS62
5MARKET OVERVIEW AND INDUSTRY TRENDS63
5.1INTRODUCTION63
5.2MARKET DYNAMICS63
FIGURE 22DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES: EDGE COMPUTING MARKET63
5.2.1DRIVERS64
5.2.1.1Growing adoption of IoT across industries64
5.2.1.2Exponentially increasing data volume and network traffic64
5.2.1.3Rising demand for low-latency processing and real-time, automated decision-making solutions65
5.2.1.4Surge in data traffic to drive enhanced solutions innovation and implementation in edge computing65
5.2.2RESTRAINTS65
5.2.2.1Initial CAPEX for infrastructure65
5.2.3OPPORTUNITIES66
5.2.3.1Emergence of autonomous vehicles and connected car infrastructure66
5.2.3.2Advent of 5G network to deliver instant communication experiences66
FIGURE 23MOBILE CONNECTION BY NETWORK TYPE AS PERCENT OF REGIONAL SHARE, 202367
5.2.4CHALLENGES67
5.2.4.1Complexity in integrating with existing cloud architecture67
5.2.4.2Cyberattacks and limited authentication capabilities at the edge67
5.3CASE STUDY ANALYSIS68
5.3.1CASE STUDY 1: UNPRECEDENTED VISIBILITY INTO PHARMACEUTICAL SUPPLY CHAINS68
5.3.2CASE STUDY 2: REAL-TIME QUALITY INSPECTION FOR SMART FACTORY68
5.3.3CASE STUDY 3: OPTIMIZED DATA MIGRATION69
5.3.4CASE STUDY 4: PREDICTIVE EQUIPMENT MAINTENANCE TO IMPROVE SERVICE EFFICIENCY AND PROFITABILITY69
5.3.5CASE STUDY 5: QUICK PROCESSING IN GEOGRAPHICALLY DISPERSED DATA CENTERS70
5.3.6CASE STUDY 6: HPE SOLUTION AS AID FOR FOOL-PROOF ORBIT SPACE SYSTEM70
5.3.7CASE STUDY 7: ENHANCING CUSTOMER EXPERIENCE WITH EDGE DNS71
5.3.8CASE STUDY 8: UPGRADES IN TELECOM INDUSTRY71
5.3.9CASE STUDY 9: MICROSOFT’S AZURE TO AID ESPN’S POPULAR OFFERINGS72
5.4ECOSYSTEM73
FIGURE 24EDGE COMPUTING MARKET: ECOSYSTEM73
TABLE 4EDGE COMPUTING MARKET: COMPANIES AND THEIR ROLE IN ECOSYSTEM74
5.5PRICING ANALYSIS77
TABLE 5PRICING ANALYSIS OF MICROSOFT EDGE COMPUTING SOLUTIONS77
TABLE 6PRICING ANALYSIS OF AWS EDGE COMPUTING SOLUTION77
5.6AVERAGE SELLING PRICE TREND78
5.7BUSINESS MODEL ANALYSIS79
FIGURE 25EDGE COMPUTING MARKET: BUSINESS MODELS79
5.7.1BUSINESS MODEL FOR HARDWARE VENDORS79
5.7.2BUSINESS MODEL FOR SOFTWARE PROVIDERS80
5.7.3BUSINESS MODEL FOR SERVICE PROVIDERS80
5.8PATENT ANALYSIS81
FIGURE 26NUMBER OF PATENTS PUBLISHED81
FIGURE 27TOP FIVE PATENT OWNERS (GLOBAL)81
TABLE 7TOP TEN PATENT OWNERS81
TABLE 8PATENTS GRANTED TO VENDORS IN EDGE COMPUTING MARKET82
5.9TECHNOLOGY ANALYSIS82
5.9.1AI AND ML82
5.9.25G83
5.9.3IOT83
5.9.4AR AND VR83
5.10SUPPLY CHAIN ANALYSIS84
FIGURE 28EDGE COMPUTING MARKET: SUPPLY CHAIN ANALYSIS84
5.11KEY CONFERENCES AND EVENTS IN 2023–202485
TABLE 9EDGE COMPUTING MARKET: DETAILED LIST OF CONFERENCES AND EVENTS85
5.12PORTER’S FIVE FORCES ANALYSIS86
FIGURE 29EDGE COMPUTING MARKET: PORTER’S FIVE FORCES ANALYSIS86
TABLE 10EDGE COMPUTING MARKET: PORTER’S FIVE FORCES ANALYSIS86
5.12.1THREAT OF NEW ENTRANTS87
5.12.2THREAT OF SUBSTITUTES87
5.12.3BARGAINING POWER OF SUPPLIERS87
5.12.4BARGAINING POWER OF BUYERS87
5.12.5INTENSITY OF COMPETITIVE RIVALRY87
5.13KEY STAKEHOLDERS AND BUYING CRITERIA88
5.13.1KEY STAKEHOLDERS IN BUYING PROCESS88
FIGURE 30INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP END USERS88
TABLE 11INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP INDUSTRIES (%)88
TABLE 12KEY STAKEHOLDERS IN BUYING PROCESS BY TOP THREE VERTICAL88
5.13.2BUYING CRITERIA89
FIGURE 31KEY BUYING CRITERIA FOR TOP INDUSTRIES89
TABLE 13KEY BUYING CRITERIA FOR TOP END USERS89
TABLE 14EDGE COMPUTING SOLUTION VENDORS SELECTION CRITERIA90
5.14REGULATIONS91
5.14.1NORTH AMERICA91
5.14.2EUROPE92
5.14.3ASIA PACIFIC92
5.14.4MIDDLE EAST AND SOUTH AFRICA93
5.14.5LATIN AMERICA93
5.15EMERGING TRENDS IN EDGE COMPUTING MARKET93
FIGURE 32MAJOR YCC TRENDS TO DRIVE FUTURE REVENUE PROSPECTS IN EDGE COMPUTING MARKET93
5.16EDGE COMPUTING MARKET – EDGE SERVER SHIPMENT ANALYSIS94
6EDGE COMPUTING MARKET, BY COMPONENT95
6.1INTRODUCTION96
FIGURE 33SOFTWARE SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD96
TABLE 15EDGE COMPUTING MARKET, BY COMPONENT, 2018–2022 (USD MILLION)96
TABLE 16EDGE COMPUTING MARKET, BY COMPONENT, 2023–2028 (USD MILLION)96
6.1.1COMPONENTS: EDGE COMPUTING MARKET DRIVERS97
6.2HARDWARE97
6.2.1NEAR REAL-TIME ACTIONABLE INSIGHTS AT DATA SOURCE TO DRIVE GROWTH OF DATA GENERATED AND COLLECTED97
TABLE 17HARDWARE: EDGE COMPUTING MARKET, BY REGION, 2018–2022 (USD MILLION)98
TABLE 18HARDWARE: EDGE COMPUTING MARKET, BY REGION, 2023–2028 (USD MILLION)98
6.3SOFTWARE98
6.3.1EDGE COMPUTING SOFTWARE PROVIDES COMPREHENSIVE VISIBILITY AND CONTROL OVER REMOTE EDGE ENVIRONMENT98
TABLE 19SOFTWARE: EDGE COMPUTING MARKET, BY REGION, 2018–2022 (USD MILLION)99
TABLE 20SOFTWARE: EDGE COMPUTING MARKET, BY REGION, 2023–2028 (USD MILLION)99
6.4SERVICES99
6.4.1EDGE COMPUTING SERVICES PROVIDE ASSISTANCE, UPGRADE, AND REPAIR FOR INTEGRATED EDGE DEVICES AND SOLUTIONS99
TABLE 21SERVICES: EDGE COMPUTING MARKET, BY REGION, 2018–2022 (USD MILLION)100
TABLE 22SERVICES: EDGE COMPUTING MARKET, BY REGION, 2023–2028 (USD MILLION)100
7EDGE COMPUTING MARKET, BY APPLICATION101
7.1INTRODUCTION102
FIGURE 34INDUSTRIAL INTERNET OF THINGS SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD102
TABLE 23EDGE COMPUTING MARKET, BY APPLICATION, 2018–2022 (USD MILLION)102
TABLE 24EDGE COMPUTING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)103
7.1.1APPLICATIONS: EDGE COMPUTING MARKET DRIVERS103
7.2SMART CITIES104
7.2.1EDGE COMPUTING SOLUTIONS TO AID INNOVATIONS IN SMART CITY DIGITAL CONNECTIVITY104
TABLE 25SMART CITIES: EDGE COMPUTING MARKET, BY REGION, 2018–2022 (USD MILLION)104
TABLE 26SMART CITIES: EDGE COMPUTING MARKET, BY REGION, 2023–2028 (USD MILLION)104
7.3INDUSTRIAL INTERNET OF THINGS105
7.3.1INFUSING EDGE COMPUTING IN IIOT PROCESSES HELPS COMPANIES IMPROVE NETWORK COMMUNICATION AND COOPERATIVE COORDINATION105
TABLE 27INDUSTRIAL INTERNET OF THINGS: EDGE COMPUTING MARKET, BY REGION, 2018–2022 (USD MILLION)105
TABLE 28INDUSTRIAL INTERNET OF THINGS: EDGE COMPUTING MARKET, BY REGION, 2023–2028 (USD MILLION)105
7.4REMOTE MONITORING106
7.4.1EDGE COMPUTING FUNCTIONALITIES DELIVER FASTER, RELIABLE, AND CHEAPER DATA PROCESSING USING REMOTE MONITORING SERVICES106
TABLE 29REMOTE MONITORING: EDGE COMPUTING MARKET, BY REGION, 2018–2022 (USD MILLION)106
TABLE 30REMOTE MONITORING: EDGE COMPUTING MARKET, BY REGION, 2023–2028 (USD MILLION)106
7.5CONTENT DELIVERY107
7.5.1CONTENT DELIVERY MANAGES HEAVY WORKLOADS AND MAINTAINS QUALITY OF EXPERIENCE BY IMPROVING DELIVERY TIME107
TABLE 31CONTENT DELIVERY: EDGE COMPUTING MARKET, BY REGION, 2018–2022 (USD MILLION)107
TABLE 32CONTENT DELIVERY: EDGE COMPUTING MARKET, BY REGION, 2023–2028 (USD MILLION)107
7.6AUGMENTED REALITY AND VIRTUAL REALITY108
7.6.1EDGE INFRASTRUCTURE ENABLES AR AND VR DEVICES TO RESPOND IN REAL TIME108
TABLE 33AUGMENTED REALITY AND VIRTUAL REALITY: EDGE COMPUTING MARKET, BY REGION, 2018–2022 (USD MILLION)108
TABLE 34AUGMENTED REALITY AND VIRTUAL REALITY: EDGE COMPUTING MARKET, BY REGION, 2023–2028 (USD MILLION)108
7.7OTHER APPLICATIONS109
TABLE 35OTHER APPLICATIONS: EDGE COMPUTING MARKET, BY REGION, 2018–2022 (USD MILLION)109
TABLE 36OTHER APPLICATIONS: EDGE COMPUTING MARKET, BY REGION, 2023–2028 (USD MILLION)109
8EDGE COMPUTING MARKET, BY ORGANIZATION SIZE110
8.1INTRODUCTION111
FIGURE 35SMALL AND MEDIUM-SIZED ENTERPRISES SEGMENT TO GROW AT HIGHER CAGR DURING FORECAST PERIOD111
TABLE 37EDGE COMPUTING MARKET, BY ORGANIZATION SIZE, 2018–2022 (USD MILLION)111
TABLE 38EDGE COMPUTING MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)111
8.1.1ORGANIZATION SIZE: EDGE COMPUTING MARKET DRIVERS112
8.2SMALL AND MEDIUM-SIZED ENTERPRISES112
8.2.1EDGE COMPUTING OFFERS CUTTING-EDGE TECHNOLOGIES BY REDUCING OVERALL IT EXPENSES112
TABLE 39SMALL AND MEDIUM-SIZED ENTERPRISES: EDGE COMPUTING MARKET, BY REGION, 2018–2022 (USD MILLION)113
TABLE 40SMALL AND MEDIUM-SIZED ENTERPRISES: EDGE COMPUTING MARKET, BY REGION, 2023–2028 (USD MILLION)113
8.3LARGE ENTERPRISES113
8.3.1ADOPTION OF EDGE COMPUTING SOLUTIONS ENHANCES OPERATIONAL EFFICIENCY113
TABLE 41LARGE ENTERPRISES: EDGE COMPUTING MARKET, BY REGION, 2018–2022 (USD MILLION)114
TABLE 42LARGE ENTERPRISES: EDGE COMPUTING MARKET, BY REGION, 2023–2028 (USD MILLION)114
9EDGE COMPUTING MARKET, BY VERTICAL115
9.1INTRODUCTION116
FIGURE 36MANUFACTURING VERTICAL TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD116
TABLE 43EDGE COMPUTING MARKET, BY VERTICAL, 2018–2022 (USD MILLION)116
TABLE 44EDGE COMPUTING MARKET, BY VERTICAL, 2023–2028 (USD MILLION)117
9.1.1VERTICALS: EDGE COMPUTING MARKET DRIVERS117
9.2MANUFACTURING119
9.2.1EDGE COMPUTING OFFERS COST-EFFECTIVE WAYS OF ACHIEVING REMOTE MONITORING IN MANUFACTURING INDUSTRIES119
TABLE 45MANUFACTURING: EDGE COMPUTING MARKET, BY REGION, 2018–2022 (USD MILLION)119
TABLE 46MANUFACTURING: EDGE COMPUTING MARKET, BY REGION, 2023–2028 (USD MILLION)119
9.3ENERGY & UTILITIES120
9.3.1EDGE COMPUTING DEVICES HELP ADDRESS ISSUES IN MIDSTREAM SECTOR RELATED TO CRUDE OIL STORAGE AND TRANSPORTATION120
TABLE 47ENERGY & UTILITIES: EDGE COMPUTING MARKET, BY REGION, 2018–2022 (USD MILLION)120
TABLE 48ENERGY & UTILITIES: EDGE COMPUTING MARKET, BY REGION, 2023–2028 (USD MILLION)120
9.4GOVERNMENT & DEFENSE121
9.4.1GOVERNMENT AGENCIES INFUSE EDGE COMPUTING IN IT INFRASTRUCTURE FOR FASTER DATA ANALYSIS121
TABLE 49GOVERNMENT & DEFENSE: EDGE COMPUTING MARKET, BY REGION, 2018–2022 (USD MILLION)121
TABLE 50GOVERNMENT & DEFENSE: EDGE COMPUTING MARKET, BY REGION, 2023–2028 (USD MILLION)122
9.5TELECOMMUNICATIONS122
9.5.1EDGE COMPUTING HELPS TELECOM PROVIDERS EXPAND NETWORK REACH WITH LOWER LATENCY122
TABLE 51TELECOMMUNICATIONS: EDGE COMPUTING MARKET, BY REGION, 2018–2022 (USD MILLION)122
TABLE 52TELECOMMUNICATIONS: EDGE COMPUTING MARKET, BY REGION, 2023–2028 (USD MILLION)123
9.6MEDIA & ENTERTAINMENT123
9.6.1EDGE COMPUTING PROVIDES INSTANTANEOUS CONNECTION AND BETTER SCALABILITY FOR CONTENT CREATION AND DISTRIBUTION123
TABLE 53MEDIA & ENTERTAINMENT: EDGE COMPUTING MARKET, BY REGION, 2018–2022 (USD MILLION)123
TABLE 54MEDIA & ENTERTAINMENT: EDGE COMPUTING MARKET, BY REGION, 2023–2028 (USD MILLION)124
9.7RETAIL & CONSUMER GOODS124
9.7.1EDGE COMPUTING LEVERAGES NEW TECHNOLOGIES TO GATHER INSIGHTS ON PURCHASING PREFERENCES OF CONSUMERS124
TABLE 55RETAIL & CONSUMER GOODS: EDGE COMPUTING MARKET, BY REGION, 2018–2022 (USD MILLION)124
TABLE 56RETAIL & CONSUMER GOODS: EDGE COMPUTING MARKET, BY REGION, 2023–2028 (USD MILLION)125
9.8TRANSPORTATION & LOGISTICS125
9.8.1EDGE COMPUTING REDUCES DATA SHARING AND LATENCY, FACILITATING EFFECTIVE AND EFFICIENT CONNECTION WITH DEVICES AND SENSORS IN VEHICLES AND DATABASES125
TABLE 57TRANSPORTATION & LOGISTICS: EDGE COMPUTING MARKET, BY REGION, 2018–2022(USD MILLION)125
TABLE 58TRANSPORTATION & LOGISTICS: EDGE COMPUTING MARKET, BY REGION, 2023–2028 (USD MILLION)126
9.9HEALTHCARE & LIFE SCIENCES126
9.9.1IOT AND SMART WEARABLE EDGE DEVICES RECORD REAL-TIME VITAL INFORMATION126
TABLE 59HEALTHCARE & LIFE SCIENCES: EDGE COMPUTING MARKET, BY REGION, 2018–2022 (USD MILLION)126
TABLE 60HEALTHCARE & LIFE SCIENCES: EDGE COMPUTING MARKET, BY REGION, 2023–2028 (USD MILLION)127
9.10OTHER VERTICALS127
TABLE 61OTHER VERTICALS: EDGE COMPUTING MARKET, BY REGION, 2018–2022 (USD MILLION)127
TABLE 62OTHER VERTICALS: EDGE COMPUTING MARKET, BY REGION, 2023–2028 (USD MILLION)128
10EDGE COMPUTING MARKET, BY REGION129
10.1INTRODUCTION130
FIGURE 37ASIA PACIFIC TO GROW AT HIGHEST RATE DURING FORECAST PERIOD130
TABLE 63EDGE COMPUTING MARKET, BY REGION, 2018–2022 (USD MILLION)130
TABLE 64EDGE COMPUTING MARKET, BY REGION, 2023–2028 (USD MILLION)131
10.2NORTH AMERICA131
10.2.1NORTH AMERICA: EDGE COMPUTING MARKET DRIVERS131
10.2.2NORTH AMERICA: RECESSION IMPACT132
FIGURE 38NORTH AMERICA: MARKET SNAPSHOT133
TABLE 65NORTH AMERICA: EDGE COMPUTING MARKET, BY COMPONENT, 2018–2022 (USD MILLION)133
TABLE 66NORTH AMERICA: EDGE COMPUTING MARKET, BY COMPONENT, 2023–2028 (USD MILLION)134
TABLE 67NORTH AMERICA: EDGE COMPUTING MARKET, BY APPLICATION, 2018–2022 (USD MILLION)134
TABLE 68NORTH AMERICA: EDGE COMPUTING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)134
TABLE 69NORTH AMERICA: EDGE COMPUTING MARKET, BY ORGANIZATION SIZE, 2018–2022 (USD MILLION)135
TABLE 70NORTH AMERICA: EDGE COMPUTING MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)135
TABLE 71NORTH AMERICA: EDGE COMPUTING MARKET, BY VERTICAL, 2018–2022 (USD MILLION)135
TABLE 72NORTH AMERICA: EDGE COMPUTING MARKET, BY VERTICAL, 2023–2028 (USD MILLION)136
TABLE 73NORTH AMERICA: EDGE COMPUTING MARKET, BY COUNTRY, 2018–2022 (USD MILLION)136
TABLE 74NORTH AMERICA: EDGE COMPUTING MARKET, BY COUNTRY, 2023–2028 (USD MILLION)136
10.2.3US137
10.2.3.1Convergence of edge computing with IIoT encourages manufacturers to move toward connected factories137
TABLE 75US: EDGE COMPUTING MARKET, BY COMPONENT, 2018–2022 (USD MILLION)137
TABLE 76US: EDGE COMPUTING MARKET, BY COMPONENT, 2023–2028 (USD MILLION)137
TABLE 77US: EDGE COMPUTING MARKET, BY ORGANIZATION SIZE, 2018–2022 (USD MILLION)138
TABLE 78US: EDGE COMPUTING MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)138
10.2.4CANADA138
10.2.4.1Startups provide platforms to develop edge-enabled solutions138
TABLE 79CANADA: EDGE COMPUTING MARKET, BY COMPONENT, 2018–2022 (USD MILLION)138
TABLE 80CANADA: EDGE COMPUTING MARKET, BY COMPONENT, 2023–2028 (USD MILLION)139
TABLE 81CANADA: EDGE COMPUTING MARKET, BY ORGANIZATION SIZE, 2018–2022 (USD MILLION)139
TABLE 82CANADA: EDGE COMPUTING MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)139
10.3EUROPE139
10.3.1EUROPE: EDGE COMPUTING MARKET DRIVERS140
10.3.2EUROPE: RECESSION IMPACT140
TABLE 83EUROPE: EDGE COMPUTING MARKET, BY COMPONENT, 2018–2022 (USD MILLION)141
TABLE 84EUROPE: EDGE COMPUTING MARKET, BY COMPONENT, 2023–2028 (USD MILLION)141
TABLE 85EUROPE: EDGE COMPUTING MARKET, BY APPLICATION, 2018–2022 (USD MILLION)141
TABLE 86EUROPE: EDGE COMPUTING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)141
TABLE 87EUROPE: EDGE COMPUTING MARKET, BY ORGANIZATION SIZE, 2018–2022 (USD MILLION)142
TABLE 88EUROPE: EDGE COMPUTING MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)142
TABLE 89EUROPE: EDGE COMPUTING MARKET, BY VERTICAL, 2018–2022 (USD MILLION)142
TABLE 90EUROPE: EDGE COMPUTING MARKET, BY VERTICAL, 2023–2028 (USD MILLION)143
TABLE 91EUROPE: EDGE COMPUTING MARKET, BY COUNTRY, 2018–2022 (USD MILLION)143
TABLE 92EUROPE: EDGE COMPUTING MARKET, BY COUNTRY, 2023–2028 (USD MILLION)143
10.3.3UK144
10.3.3.1Companies adopt edge computing solutions to enhance operational efficiency144
TABLE 93UK: EDGE COMPUTING MARKET, BY COMPONENT, 2018–2022 (USD MILLION)144
TABLE 94UK: EDGE COMPUTING MARKET, BY COMPONENT, 2023–2028 (USD MILLION)144
TABLE 95UK: EDGE COMPUTING MARKET, BY ORGANIZATION SIZE, 2018–2022 (USD MILLION)144
TABLE 96UK: EDGE COMPUTING MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)145
10.3.4GERMANY145
10.3.4.1German edge computing and telecom companies collaborate to build robust edge computing solutions145
TABLE 97GERMANY: EDGE COMPUTING MARKET, BY COMPONENT, 2018–2022 (USD MILLION)145
TABLE 98GERMANY: EDGE COMPUTING MARKET, BY COMPONENT, 2023–2028 (USD MILLION)145
TABLE 99GERMANY: EDGE COMPUTING MARKET, BY ORGANIZATION SIZE, 2018–2022 (USD MILLION)146
TABLE 100GERMANY: EDGE COMPUTING MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)146
10.3.5FRANCE146
10.3.5.1Huge investments by global edge computing providers to cater to changing customer behavior146
TABLE 101FRANCE: EDGE COMPUTING MARKET, BY COMPONENT, 2018–2022 (USD MILLION)146
TABLE 102FRANCE: EDGE COMPUTING MARKET, BY COMPONENT, 2023–2028 (USD MILLION)147
TABLE 103FRANCE: EDGE COMPUTING MARKET, BY ORGANIZATION SIZE, 2018–2022 (USD MILLION)147
TABLE 104FRANCE: EDGE COMPUTING MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)147
10.3.6REST OF EUROPE147
TABLE 105REST OF EUROPE: EDGE COMPUTING MARKET, BY COMPONENT, 2018–2022 (USD MILLION)148
TABLE 106REST OF EUROPE: EDGE COMPUTING MARKET, BY COMPONENT, 2023–2028 (USD MILLION)148
TABLE 107REST OF EUROPE: EDGE COMPUTING MARKET, BY ORGANIZATION SIZE, 2018–2022 (USD MILLION)148
TABLE 108REST OF EUROPE: EDGE COMPUTING MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)148
10.4ASIA PACIFIC149
10.4.1ASIA PACIFIC: EDGE COMPUTING MARKET DRIVERS149
10.4.2ASIA PACIFIC: RECESSION IMPACT150
FIGURE 39ASIA PACIFIC: MARKET SNAPSHOT151
TABLE 109ASIA PACIFIC: EDGE COMPUTING MARKET, BY COMPONENT, 2018–2022 (USD MILLION)151
TABLE 110ASIA PACIFIC: EDGE COMPUTING MARKET, BY COMPONENT, 2023–2028 (USD MILLION)152
TABLE 111ASIA PACIFIC: EDGE COMPUTING MARKET, BY APPLICATION, 2018–2022 (USD MILLION)152
TABLE 112ASIA PACIFIC: EDGE COMPUTING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)152
TABLE 113ASIA PACIFIC: EDGE COMPUTING MARKET, BY ORGANIZATION SIZE, 2018–2022 (USD MILLION)153
TABLE 114ASIA PACIFIC: EDGE COMPUTING MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)153
TABLE 115ASIA PACIFIC: EDGE COMPUTING MARKET, BY VERTICAL, 2018–2022 (USD MILLION)153
TABLE 116ASIA PACIFIC: EDGE COMPUTING MARKET, BY VERTICAL, 2023–2028 (USD MILLION)154
TABLE 117ASIA PACIFIC: EDGE COMPUTING MARKET, BY COUNTRY, 2018–2022 (USD MILLION)154
TABLE 118ASIA PACIFIC: EDGE COMPUTING MARKET, BY COUNTRY, 2023–2028 (USD MILLION)154
10.4.3CHINA155
10.4.3.1Adoption of edge computing to achieve resiliency and scalability155
TABLE 119CHINA: EDGE COMPUTING MARKET, BY COMPONENT, 2018–2022 (USD MILLION)155
TABLE 120CHINA: EDGE COMPUTING MARKET, BY COMPONENT, 2023–2028 (USD MILLION)155
TABLE 121CHINA: EDGE COMPUTING MARKET, BY ORGANIZATION SIZE, 2018–2022 (USD MILLION)155
TABLE 122CHINA: EDGE COMPUTING MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)156
10.4.4JAPAN156
10.4.4.1Technology providers introduce cutting-edge edge computing technologies156
TABLE 123JAPAN: EDGE COMPUTING MARKET, BY COMPONENT, 2018–2022 (USD MILLION)156
TABLE 124JAPAN: EDGE COMPUTING MARKET, BY COMPONENT, 2023–2028 (USD MILLION)157
TABLE 125JAPAN: EDGE COMPUTING MARKET, BY ORGANIZATION SIZE, 2018–2022 (USD MILLION)157
TABLE 126JAPAN: EDGE COMPUTING MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)157
10.4.5AUSTRALIA157
10.4.5.1Cloud-enhancing capabilities provide attractive opportunities for edge computing157
TABLE 127AUSTRALIA: EDGE COMPUTING MARKET, BY COMPONENT, 2018–2022 (USD MILLION)158
TABLE 128AUSTRALIA: EDGE COMPUTING MARKET, BY COMPONENT, 2023–2028 (USD MILLION)158
TABLE 129AUSTRALIA: EDGE COMPUTING MARKET, BY ORGANIZATION SIZE, 2018–2022 (USD MILLION)158
TABLE 130AUSTRALIA: EDGE COMPUTING MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)158
10.4.6REST OF ASIA PACIFIC159
TABLE 131REST OF ASIA PACIFIC: EDGE COMPUTING MARKET, BY COMPONENT, 2018–2022 (USD MILLION)159
TABLE 132REST OF ASIA PACIFIC: EDGE COMPUTING MARKET, BY COMPONENT, 2023–2028 (USD MILLION)159
TABLE 133REST OF ASIA PACIFIC: EDGE COMPUTING MARKET, BY ORGANIZATION SIZE, 2018–2022 (USD MILLION)159
TABLE 134REST OF ASIA PACIFIC: EDGE COMPUTING MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)160
10.5MIDDLE EAST AND AFRICA160
10.5.1MIDDLE EAST AND AFRICA: EDGE COMPUTING MARKET DRIVERS160
10.5.2MIDDLE EAST AND AFRICA: RECESSION IMPACT161
TABLE 135MIDDLE EAST AND AFRICA: EDGE COMPUTING MARKET, BY COMPONENT, 2018–2022 (USD MILLION)161
TABLE 136MIDDLE EAST AND AFRICA: EDGE COMPUTING MARKET, BY COMPONENT, 2023–2028 (USD MILLION)162
TABLE 137MIDDLE EAST AND AFRICA: EDGE COMPUTING MARKET, BY APPLICATION, 2018–2022 (USD MILLION)162
TABLE 138MIDDLE EAST AND AFRICA: EDGE COMPUTING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)162
TABLE 139MIDDLE EAST AND AFRICA: EDGE COMPUTING MARKET, BY ORGANIZATION SIZE, 2018–2022 (USD MILLION)163
TABLE 140MIDDLE EAST AND AFRICA: EDGE COMPUTING MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)163
TABLE 141MIDDLE EAST AND AFRICA: EDGE COMPUTING MARKET, BY VERTICAL, 2018–2022 (USD MILLION)163
TABLE 142MIDDLE EAST AND AFRICA: EDGE COMPUTING MARKET, BY VERTICAL, 2023–2028 (USD MILLION)164
TABLE 143MIDDLE EAST AND AFRICA: EDGE COMPUTING MARKET, BY COUNTRY, 2018–2022 (USD MILLION)164
TABLE 144MIDDLE EAST AND AFRICA: EDGE COMPUTING MARKET, BY COUNTRY, 2023–2028 (USD MILLION)164
10.5.3KINGDOM OF SAUDI ARABIA165
10.5.3.1Increase in purchasing power and inclination toward advanced technologies to propel market165
TABLE 145KINGDOM OF SAUDI ARABIA: EDGE COMPUTING MARKET, BY COMPONENT, 2018–2022 (USD MILLION)165
TABLE 146KINGDOM OF SAUDI ARABIA: EDGE COMPUTING MARKET, BY COMPONENT, 2023–2028 (USD MILLION)166
TABLE 147KINGDOM OF SAUDI ARABIA: EDGE COMPUTING MARKET, BY ORGANIZATION SIZE, 2018–2022 (USD MILLION)166
TABLE 148KINGDOM OF SAUDI ARABIA: EDGE COMPUTING MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)166
TABLE 149KINGDOM OF SAUDI ARABIA: EDGE COMPUTING MARKET, BY APPLICATION, 2018–2022 (USD MILLION)166
TABLE 150KINGDOM OF SAUDI ARABIA: EDGE COMPUTING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)167
10.5.4UAE167
10.5.4.1IT resource deployment, intelligent storage services, and remote monitoring capabilities to drive adoption of edge computing167
TABLE 151UNITED ARAB EMIRATES: EDGE COMPUTING MARKET, BY COMPONENT, 2018–2022 (USD MILLION)167
TABLE 152UNITED ARAB EMIRATES: EDGE COMPUTING MARKET, BY COMPONENT, 2023–2028 (USD MILLION)168
TABLE 153UNITED ARAB EMIRATES: EDGE COMPUTING MARKET, BY ORGANIZATION SIZE, 2018–2022 (USD MILLION)168
TABLE 154UNITED ARAB EMIRATES: EDGE COMPUTING MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)168
10.5.5SOUTH AFRICA168
10.5.5.1Increasing investment by edge computing vendors to boost market168
TABLE 155SOUTH AFRICA: EDGE COMPUTING MARKET, BY COMPONENT, 2018–2022 (USD MILLION)169
TABLE 156SOUTH AFRICA: EDGE COMPUTING MARKET, BY COMPONENT, 2023–2028 (USD MILLION)169
TABLE 157SOUTH AFRICA: EDGE COMPUTING MARKET, BY ORGANIZATION SIZE, 2018–2022 (USD MILLION)169
TABLE 158SOUTH AFRICA: EDGE COMPUTING MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)169
10.5.6REST OF MIDDLE EAST AND AFRICA170
TABLE 159REST OF MIDDLE EAST AND AFRICA: EDGE COMPUTING MARKET, BY COMPONENT, 2018–2022 (USD MILLION)170
TABLE 160REST OF MIDDLE EAST AND AFRICA: EDGE COMPUTING MARKET, BY COMPONENT, 2023–2028 (USD MILLION)170
TABLE 161REST OF MIDDLE EAST AND AFRICA: EDGE COMPUTING MARKET, BY ORGANIZATION SIZE, 2018–2022 (USD MILLION)170
TABLE 162REST OF MIDDLE EAST AND AFRICA: EDGE COMPUTING MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)171
10.6LATIN AMERICA171
10.6.1LATIN AMERICA: EDGE COMPUTING MARKET DRIVERS171
10.6.2LATIN AMERICA: RECESSION IMPACT172
TABLE 163LATIN AMERICA: EDGE COMPUTING MARKET, BY COMPONENT, 2018–2022 (USD MILLION)172
TABLE 164LATIN AMERICA: EDGE COMPUTING MARKET, BY COMPONENT, 2023–2028 (USD MILLION)172
TABLE 165LATIN AMERICA: EDGE COMPUTING MARKET, BY APPLICATION, 2018–2022 (USD MILLION)172
TABLE 166LATIN AMERICA: EDGE COMPUTING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)173
TABLE 167LATIN AMERICA: EDGE COMPUTING MARKET, BY ORGANIZATION SIZE, 2018–2022 (USD MILLION)173
TABLE 168LATIN AMERICA: EDGE COMPUTING MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)173
TABLE 169LATIN AMERICA: EDGE COMPUTING MARKET, BY VERTICAL, 2018–2022 (USD MILLION)174
TABLE 170LATIN AMERICA: EDGE COMPUTING MARKET, BY VERTICAL, 2023–2028 (USD MILLION)174
TABLE 171LATIN AMERICA: EDGE COMPUTING MARKET, BY COUNTRY, 2018–2022 (USD MILLION)174
TABLE 172LATIN AMERICA: EDGE COMPUTING MARKET, BY COUNTRY, 2023–2028 (USD MILLION)175
10.6.3BRAZIL175
10.6.3.1Rising technology assimilation among enterprises and consumers presents significant opportunity for market175
TABLE 173BRAZIL: EDGE COMPUTING MARKET, BY COMPONENT, 2018–2022 (USD MILLION)175
TABLE 174BRAZIL: EDGE COMPUTING MARKET, BY COMPONENT, 2023–2028 (USD MILLION)175
TABLE 175BRAZIL: EDGE COMPUTING MARKET, BY ORGANIZATION SIZE, 2018–2022 (USD MILLION)176
TABLE 176BRAZIL: EDGE COMPUTING MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)176
10.6.4MEXICO176
10.6.4.1Migration of applications and IT infrastructure to cloud to drive demand for edge computing solutions176
TABLE 177MEXICO: EDGE COMPUTING MARKET, BY COMPONENT, 2018–2022 (USD MILLION)176
TABLE 178MEXICO: EDGE COMPUTING MARKET, BY COMPONENT, 2023–2028 (USD MILLION)177
TABLE 179MEXICO: EDGE COMPUTING MARKET, BY ORGANIZATION SIZE, 2018–2022 (USD MILLION)177
TABLE 180MEXICO: EDGE COMPUTING MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)177
10.6.5REST OF LATIN AMERICA177
TABLE 181REST OF LATIN AMERICA: EDGE COMPUTING MARKET, BY COMPONENT, 2018–2022 (USD MILLION)178
TABLE 182REST OF LATIN AMERICA: EDGE COMPUTING MARKET, BY COMPONENT, 2023–2028 (USD MILLION)178
TABLE 183REST OF LATIN AMERICA: EDGE COMPUTING MARKET, BY ORGANIZATION SIZE, 2018–2022 (USD MILLION)178
TABLE 184REST OF LATIN AMERICA: EDGE COMPUTING MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)178
11COMPETITIVE LANDSCAPE179
11.1INTRODUCTION179
11.2MARKET SHARE OF TOP VENDORS179
FIGURE 40EDGE COMPUTING MARKET: VENDOR SHARE ANALYSIS179
11.3KEY PLAYER STRATEGIES/RIGHT TO WIN180
11.3.1OVERVIEW OF STRATEGIES BY KEY EDGE COMPUTING VENDORS180
FIGURE 41OVERVIEW OF STRATEGIES BY KEY EDGE COMPUTING VENDORS180
11.4REVENUE ANALYSIS OF TOP FIVE VENDORS181
FIGURE 42REVENUE ANALYSIS OF TOP FIVE VENDORS, 2018–2022 (USD BILLION)181
11.5COMPANY EVALUATION QUADRANT, 2022181
11.5.1DEFINITIONS AND METHODOLOGY181
FIGURE 43KEY PLAYER EVALUATION QUADRANT: CRITERIA WEIGHTAGE182
11.5.2STARS182
11.5.3EMERGING LEADERS182
11.5.4PERVASIVE PLAYERS182
11.5.5PARTICIPANTS183
FIGURE 44EDGE COMPUTING MARKET (GLOBAL): COMPANY EVALUATION QUADRANT, 2022183
11.5.6COMPANY FOOTPRINT ANALYSIS184
TABLE 185COMPANY FOOTPRINT (1/2)184
TABLE 186COMPANY FOOTPRINT (2/2)184
11.6COMPANY EVALUATION QUADRANT FOR STARTUPS/SMES, 2022185
FIGURE 45COMPANY EVALUATION QUADRANT FOR STARTUPS/SMES: CRITERIA WEIGHTAGE185
11.6.1PROGRESSIVE COMPANIES186
11.6.2RESPONSIVE COMPANIES186
11.6.3DYNAMIC COMPANIES186
11.6.4STARTING BLOCKS186
FIGURE 46EDGE COMPUTING MARKET: SME EVALUATION QUADRANT, 2022187
11.6.5COMPETITIVE BENCHMARKING FOR STARTUPS/SMES187
TABLE 187EDGE COMPUTING MARKET: DETAILED LIST OF KEY STARTUPS/SMES187
11.7SME/STARTUP PRODUCT FOOTPRINT ANALYSIS188
TABLE 188SME/STARTUP FOOTPRINT (1/2)188
TABLE 189SME/STARTUP FOOTPRINT (2/2)189
11.8COMPANY FINANCIAL METRICS189
FIGURE 47COMPANY FINANCIAL METRICS, 2022189
11.9GLOBAL SNAPSHOT OF KEY MARKET PARTICIPANTS190
FIGURE 48EDGE COMPUTING: GLOBAL SNAPSHOT OF KEY MARKET PARTICIPANTS, 2022190
11.10COMPETITIVE SCENARIO190
11.10.1PRODUCT LAUNCHES AND ENHANCEMENTS190
TABLE 190EDGE COMPUTING MARKET: PRODUCT LAUNCHES AND ENHANCEMENTS, JANUARY 2020–MAY 2023190
11.10.2DEALS192
TABLE 191EDGE COMPUTING MARKET: DEALS, JANUARY 2020–MAY 2023192