The Report Global
Edge Computing Market (2018-2023) gives a detailed analysis on the global market for edge computing. The
report gives current and forecasted regional (North
America, Europe, Asia-Pacific, Latin America, and Middle East and Africa)
market size data for the North America edge computing market, based on
applications: smart cities, smart factories, connected healthcare, connected
vehicles, smart grids, and other, based on end users industries manufacturing,
energy and utility, IT and telecommunication, healthcare and life sciences,
consumer appliances, and transportation and logistics. The report covers market
trends and market drivers and challenges for the global edge computing market.
The report will help in formulating product marketing strategy based on
industry and economic factors. The top players in the market are Cisco system, Microsoft
Corporation, IBM, Google, Amazon, SAP, Oracle, Huawei Technologies Co. Ltd and
Intel Corporation.
New
technological innovations have led to the innovation of Industrial Internet of
Things (IIoT). Edge computing is a swiftly becoming a part of IIoT and is
paving way for digital transformation. Though it is not a relatively new
concept, the rapidly emerging trends have facilitated in using the massive
machine data into valuable insights. ‘Edge’ means computing infrastructure
close to sources of data. These edge devices are far from the centralised
computing in the cloud. Thus, this facilitates analysis
of data from the source of its generation. Thus, the data generating devices
are not to be necessarily connected to laptops, sensors or tablets to generate
valuable insights. Until the recent past, the role of edge computing was
limited to just transforming data to cloud systems.
By using
big data and analytics, and of recently edge computing, industries are more and
more using data to get clean insights that help in reducing unplanned downtime,
improve productivity and lower energy consumption. Though edge computing is
changing the way industries process data, cloud will also be helpful in managing
vast data volumes from machines. Edge computing has helped in keeping up the
promise of Industrial IoT. The factors driving the growth of edge computing are
the ever - evolving machine learning and analytics. Along with this, the
reducing prices of sensors, vase amount of data, more power to smaller devices.
These factors will help in harnessing insightful decisions and actions.
The factors
that threaten the market are low connectivity, lower bandwidth, higher cost of
transmission of data to the cloud, compliance and regulation, the pressure to
very quickly process and analyse data, and access to data for real – time
analytics. Overseeing these, edge computing gives many benefits in the terms of
predictable maintenance, energy management and flexibility.
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Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249
