Few diverse global players dominate the market holding ~40% of revenue share despite the presence of about ~200 competitors comprising a large number of country-niche players and regional players, finds a recent market study on Global Edge Computing Market by Ken Research.
Edge computing adds to the organization's complexity by allowing a broad group of stakeholders to maintain IT infrastructures, networking, software development, traffic distribution, and service administration. Edge further blends networking architecture, software, and hardware solutions to address a range of use cases across numerous industries. The development of edge computing is still in its early stages. Although it’s operational and deployment models have not yet developed, edge computing is anticipated to present considerable growth opportunities for new entrants in the coming years.
Ken Research shares 3 key insights on the competitive landscape of this dynamic market from its latest research study.
- Global Players Who Comprise 15% in Terms of the Number of Competitors Hold the Dominant Revenue Share
Competitive Analysis by the Ken Research Study found that the Global Edge Computing Market is highly competitive with ~200 players which include globally diversified players, regional players as well as a large number of country-niche players having their niche in Edge Computing. The country-niche players comprise just about ~45% in terms of the number of companies, followed by regional players accounting for ~40% in terms of the number of companies. Most of the country-niche players are raw material suppliers. Some of these who successfully evolve to create Edge Computing products often get acquired by large global players seeking to grow and diversify quickly.
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- Leading Specialist Global Players' Ongoing Efforts To Provide Edge Computing To a Variety of Industries Drive the Growth of the Market
Detailed comparative analysis of key competitors available within the Research Study shows that specialist companies, such as General Electric Company, IBM Corporation, Intel Corporation, Microsoft Corporation, SAP SE, Amazon Inc., Huawei Technologies Co. Ltd., Hewlett Packard Enterprise Development, Honeywell International Inc., and Google LLC and among others are the major companies operating in the Global Edge Computing Market.
- In January 2022, Amazon Web Services (AWS) made its new Amazon Elastic Compute Cloud (Amazon EC2) Hpc6a instances generally available. High-performance computing (HPC) tasks are processed by these "purpose-built" EC2 instances using 3rd Gen AMD EPYC CPUs at what Amazon says.
- In November 2021, Kyndryl announced a historic worldwide strategic alliance that would bring together its market-leading capabilities in the service of enterprise customers. The partnership with Microsoft is Kyndryl's first since it just went public and offers the two businesses new, enormously lucrative income potential.
- Companies Initiatives to Aid in the Expansion of the Global Market for Edge Computing Market
- In June 2021,Cisco has introduced a new line of catalytic industrial routers with embedded 5G technology to help businesses boost their network capacity to the edge while maintaining flexibility, scalability, and security.
- In April 2021, Verizon and AWS made private mobile 5G edge computing available to enterprises in the United States using the Verizon private 5G network and AWS outposts.
Key Topics Covered in the Report: -
Snapshot of the Global Edge Computing Market
Industry Value Chain and Ecosystem Analysis
Market size and Segmentation of the Global Edge Computing Market
Historic Growth of the Overall Global Edge Computing Market and Segments
Competition Scenario of the Market and Key Developments of Competitors
Porter’s 5 Forces Analysis of the Global Edge Computing Industry
Overview, Type Offerings, and Strengths & Weaknesses of Key Competitors
COVID-19 Impact on the Overall Global Edge Computing Market
Future Market Forecast and Growth Rates of the Total Global Edge Computing Market and by Segments
Market Size of Application Segments with Historical CAGR and Future Forecasts
Analysis of Global Edge Computing in Major Regions
Major Type/Supply and Consumption/Demand Hubs within Each Region
Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments
Overview of Notable Emerging Competitor Companies within Each Major Region
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Major Players Mentioned in the Report
General Electric Company
IBM Corporation
Intel Corporation
Microsoft Corporation
SAP SE
Amazon Inc.
Huawei Technologies Co. Ltd.
Hewlett Packard Enterprise Development
Honeywell International Inc.
Google LLC
Notable Emerging Companies Mentioned in the Report
EdgeConnex Inc.
ClearBlade
Digi International
Axellio
Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report
Edge Computing Companies
Edge Computing Association
Cloud Server Manufacturers
Networking Equipment Manufacturers
Research & Development Institutes for Edge Computing
Edge Computing Manufactures
Technology Research Associations
Edge Computing Solution Suppliers
Edge Computing Component Providers
Investment Banks Targeting Edge Computing Market
PE and VC Firms Targeting Edge Computing Industry
Government Ministries and Departments of Information Technology
Government Ministries and Departments of Communications Industry
Potential Entrants into Edge Computing Industry
For more insights on the market intelligence, refer to the link below: -
