Global Edge Computing Market Forecast 2025-2030: Growth at 10.90% CAGR Expected

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Global Edge Computing Market Forecast 2025-2030: Growth at 10.90% CAGR Expected

Global Edge Computing Market Overview: 2025-2030

Base Year: 2024

Historical Years:  2020–23

Forecast Years: 2025-2030

The Global Edge Computing Market size was valued at USD 62.19 Billion in 2024 and is projected to reach USD 104 Billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 10.90% during the forecast period, i.e., 2025-30.

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Global Edge Computing Market Dynamics: 2025-2030

Global Edge Computing Market Driver:

Growth of 5G Networks Augmenting Edge Computing Industry – Compared to earlier generations of mobile networks, 5G networks offer significantly faster data transfer rates, reduced latency, and improved network dependability. This makes data transfer between edge devices and centralized data centers more effective and seamless. The demand for edge computing solutions to handle and analyze the massive amounts of data created by IoT devices, smart sensors, and other connected devices at the edge of the network is rising as 5G becomes more widely used.

By processing data locally and eliminating the need to transport massive amounts of data back and forth to centralized servers, edge computing helps to relieve network congestion. Consequently, the infrastructure required to cloudedge support cutting-edge technologies like augmented reality, driverless cars, and smart cities is made possible by the combination of 5G and edge computing, fueling the revenue growth of the Edge Computing Market.

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Global Edge Computing Market (2025-30): Segmentation Outlook

The market report has segmented the market into the following categories:

By Component

--Solution

---Hardware

----Sensors/Routers

----Edge Nodes/Gateways

---Software

---Platforms

--Services

The solution segment holds a major share of the Global Edge Computing Market because of its extensive offerings that cater to the different needs of different sectors.

By Application

-Connected Vehicles

-Smart Devices

-Remote Monitoring

-Industrial Internet of Things

-Augmented & Virtual Reality

-Smart Cities

-Content Delivery

-Others

By End Users

-Energy & Utilities

-Healthcare & Lifesciences

-Transportation & Logistics

-Manufacturing

-Retail & Consumer Goods

-IT & Telecom

-Government & Defense

-Others

By Organization Size

-Small

-Medium

-Large

By Region

-North America

-South America

-Europe

-Middle East & Africa

-Asia-Pacific.

North America is dominating the Global Edge Computing Market. North America's strong technology infrastructure is one of the main factors contributing to its supremacy in this industry.

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Top Companies Operating in the Global Edge Computing Market:

-IBM Corporation

-Amazon Web Services

-Cisco Systems, Inc.

-Huawei Technologies Co. Limited

-ABB Group

-Intel Corporation

-Microsoft Corporation

-SAP SE

-Hewlett Packard Enterprise Development LP

-AT&T Inc.

-Rockwell Automation Inc.

-Atos SE

-Digi International Inc.

-General Electric Company

-ADLINK Technology Inc..

Industry Recent Development:

  • In February 2023: Cisco Systems Inc. introduced Cisco Edge Intelligence, a technology that enhances data governance and management and extracts smart insights from networked assets to boost an organization's competitiveness.
  • In January 2022: Amazon Web Services partnered with Telenor to provide edge and 5G services, mainly targeted at enterprise verticals like manufacturing, supply chain, logistics, and automotive.

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