Edge Computing Market 2020-2024 | Post COVID-19 Impact Analysis | Technavio
NEW YORK, July 28, 2021 /PRNewswire/ --
The edge computing market is set to grow by USD 9.14 billion, progressing at a CAGR of over 32% during 2020-2024. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Cisco Systems Inc., Dell Technologies Inc., Hewlett Packard Enterprise Co., Huawei Investment & Holding Co. Ltd., Intel Corp., International Business Machines Corp., Microsoft Corp., Nokia Corp., NVIDIA Corp., and Schneider Electric SE are some of the major market participants. Although the demand for decentralized computing will offer immense growth opportunities, to leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Edge Computing Market 2020-2024: Segmentation
Edge Computing Market is segmented as below:
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Edge Computing Market 2020-2024: Vendor Analysis and Scope
Some of the major vendors of the edge computing market include Cisco Systems Inc., Dell Technologies Inc., Hewlett Packard Enterprise Co., Huawei Investment & Holding Co. Ltd., Intel Corp., International Business Machines Corp., Microsoft Corp., Nokia Corp., NVIDIA Corp., and Schneider Electric SE. To help businesses improve their market position, Technavio's report provides a detailed analysis of around 25 vendors operating in the market. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The report also covers the following areas:
The advent of integrated industry 4.0 with IoT is likely to emerge as one of the primary drivers of the market.
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Backed with competitive intelligence and benchmarking, our research report on the edge computing market is designed to provide entry support, customer profile & M&As as well as go-to-market strategy support.
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Edge Computing Market 2020-2024: Key Highlights
Table of Contents:
Five Forces Analysis
Market Segmentation by End-user
Drivers, Challenges, and Trends
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