Press Release

Edge Computing Market Worth $26.62 billion in 2026

August, 2020

" Covid-19 impact on Edge Computing Market in market share, size, growth, and forecasts 2020-2026 "

Edge processing is a progressive technique to optimize cloud computing frameworks. It essentially alludes to the technological advancements, which are empowering calculation to be performed at the edge of the system. Edge Computing market is predicted to grow at a CAGR of 37.5% with a value expecting to reach $26.62 billion by 2026. These services are performed on downstream information on behalf of cloud services and on upstream information on behalf of IoT services.  The shorter period of a communication channel, easy accessibility of the data at edge network fuel the demand for edge computing solutions in the market. In addition to this, the increasing demand for cloud-based data analytics also supports the growth of the market.

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The market report titled “Edge Computing Market By Component, By Application, Organization Size, By Vertical and Geography- Forecast to 2026 provides key insights regarding the Edge Computing Market, the major competitors in this domain and various innovations happening to tackle the upcoming challenges in the market of computers.

The report covers the Edge Computing market and the analysis by application, by product type, by procedure, and by geography. It provides an in-depth analysis of the major players, including Cisco, HPE, Huawei, Unit4, Dell Technologies, Microsoft Corporation, NOKIA, IBM, Foghorn Systems, and Machineshop. This report also provides the portfolio analysis, capability analysis of the leading players, and this would give a detailed understanding of the market.

According to the geographical analysis, North America has held the major market share due to the new arrivals of start-up companies in this region and the various applications in the sectors such as in healthcare services, and education services.

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The report consists of 84 Tables and 43 charts depicting the in-depth market study and the impact analysis of COVID-19 by Vendor’s name. The scope of the Edge Computing Market is defined in the market analysis as follows:

  • Based on components
    • Hardware
    • Platform
    • Services
  • Based on Applications
    • Smart Cities
    • Location Services
    • Analytics
    • Environmental Monitoring
    • Optimized Local Content
    • Data Caching
    • Augmented Reality
    • Others
  • Based on Organization sizes
    • Small and Medium-sized Enterprises (SMEs)
    • Large Enterprises
  • Based on Verticals
    • Manufacturing
    • Healthcare
    • Transportation
    • Government
    • Media and Entertainment
    • Energy and Utilities
    • Telecom & IT
    • Retail
    • Others
  • Based on Geography:
    • North America
    • Europe
    • Asia Pacific 
    • Rest of the World

Mr. Karthick Subramani

Infoholic Research LLP

Marketing & Communication