According to the report analysis, ‘Asia Pacific Edge Computing Market 2020-2030 by Component (Hardware, Software, Services), Technology (Fog Computing, MEC), Deployment (On-premise, Cloud), Application, Industry Vertical, Organization Size, and Country: Trend Forecast and Growth Opportunity’ states that the Asia Pacific edge computing market is estimated to develop during the review duration due to the significant growth in requirement for low-latency processing, and real-time automated decision-making resolution, the massive augment in utilization of IoT, the desire for overcoming the drastic growth in data, and augmenting the load on cloud infrastructure.
ADLINK Technology Inc., Altran Group (Aricent), Amazon Web Services Inc., Cisco Systems Inc., Dell Technologies Inc., Digi International, Edge (Machine Shop Inc.), Foghorn Systems, General Electric Company, Google LLC (Coral.AI), Hewlett Packard Enterprise Company, Huawei Technologies Co. Limited, Intel Corporation, International Business Machines Corp. (IBM), Juniper Networks Inc., Microsoft Corporation, Nokia Corp., NVIDIA Corp. and several others are the key players which presently working in the Asia Pacific edge computing market more proficiently for obtaining the competitive edge, leading the highest market growth, keep maintaining the governing position, ruling around the world, registering the great value of market share and generating the highest percentage of revenue by implementing the policies of profit making and strategies of expansion, spreading the awareness connected to the applications and advantages of edge computing, establishing the several research and development programs, increasing the features and benefits of edge computing, delivering the better customer satisfaction, improving the qualitative and quantitative measures of such, analysing the strategies and policies of government as well as similar entities, and decreasing the associated prices of such.
IoT applications are authorizing smart city activities around the Asia Pacific. This is leading to a speedy surge in volume of data sent to the cloud or centralized data centres for further analysis and processing; which sustains high cost. In such a landscape, edge computing can be progressively beneficial to procedure information and decision-making closer to the source of the data. Hence with its advantages in the form of low-latency and high bandwidth connectivity, edge computing is playing a foremost role in IoT deployments in smart cities. Thus, as the investments in smart city projects endures to grow, it is proposing the consistent growth opportunities for edge computing technology.
Asia Pacific Edge Computing Market Growth
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Asia Pacific region endures to experience speedy growth in all areas of technology. The edge computing technologies are openly being adopted in this region. Speedy growth in population and growing economic development is also assisting the fastest growth of this region in the edge computing market. Regions in this region, such as, China, India, Japan, South Korea are among the most technologically developing countries around the globe, delivering the strong growth opportunities for players functioning in the market. The growth in the Asia-Pacific edge computing market is propelled by the growing government initiatives towards digitization, robust inclination of businesses and governments toward storing and processing data locally, and increasing adoption of edge computing by the enterprises around the region. China and India account for the largest market share in this region due to augmented investments in IT & telecommunication sectors and high penetration of smart devices in such countries.
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Asia Pacific Edge Computing Market Revenue
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