Edge Computing Market| Insights on the Crisis and the Roadmap to Recovery from COVID-19 Pandemic| Technavio
The global edge computing market expected to register an incremental growth of USD 9.14 billion, witnessing a CAGR of over 32% during 2020-2024, according to latest market research analysis by Technavio. The report offers a detailed analysis of the impact of COVID-19 pandemic on the edge computing market in optimistic, probable, and pessimistic forecast scenarios.
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Technavio has announced its latest market research report titled Global Edge Computing Market 2020-2024 (Graphic: Business Wire)
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Amid the COVID-19 Crisis, the Revaluated and Updated Edge Computing Market Report Says:
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Edge Computing Market Segmentation and Competitive Analysis
Edge computing market is segmented by end-user (industrial manufacturing, telecom, mobility, government, retail, healthcare, finance, and other end-users) and geography (North America, APAC, Europe, South America, and MEA). Demand for decentralized computing has been an instrumental factor in influencing the growth of edge computing market. Other market drivers include growing limitations of front-end devices and optimizing network traffic for sustainable energy usage.
The market is fragmented. The report analyzes the market's competitive landscape and offers information on several market vendors, including Cisco Systems Inc., Dell (News - Alert) Technologies Inc., Hewlett Packard Enterprise Co., Huawei Investment & Holding Co. Ltd., Intel Corp., International Business Machines Corp., Microsoft Corp., Nokia Corp., NVIDIA (News - Alert) Corp., and Schneider Electric SE. Moreover, Technavio offers custom research analysis on the crucial pointers to highlight the impact of COVID-19 on the market across the supply chain.
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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.