Gartner Edge Computing Market

The analyst firm said in a note the worldwide IaaS market grew 37.7% in 2019, with the top five players accounting for 80% of the market, up from 77% the year before. Amazon Web Services (AWS) remained top of the shop as of the end of 2019, with Gartner estimating a 45% market share – albeit this is slightly reduced from 47.9% in 2018.

Gartner edge computing market. The term “edge computing” may seem like another technical buzzword, but respected research firm Gartner believes that edge computing is fast becoming an industry standard. The world is getting faster and our need for real-time data processing is picking up as well. The importance of edge computing cannot be understated.. So, What Exactly is the Edge? According to a Gartner report, ”By 2022, more than half of the enterprise data will be produced and processed outside traditional data centers and clouds – up from about 10 percent currently.” As the market is being overwhelmed by the number of IoT devices available and we are bracing ourselves for mainstreaming of various technologies Opinion Earlier this week, Gartner released its top 10 strategic technology trends for 2019, and looking at the list, I was not surprised to see edge and blockchain technologies continuing into 2019 from last year.. In 2018, Gartner mentioned the technology trends as ‘cloud to the edge’ where the shift to edge-based infrastructure was predicted from centralised cloud platforms to address. The global edge computing market size is anticipated to reach USD 43.4 billion by 2027, exhibiting a CAGR of 37.4% over the forecast period, according to a new report by Grand View Research, Inc. 5G technology is expected to act as a catalyst for market growth

“A report by Transparency Market Research (TMR), forecasts the global edge computing market will be worth US$8,024.5 mn in 2017 and further become worth US$13,313.7 mn by the end of 2022 at a. The Dell’Oro Group Multi-Access Edge Computing (MEC) Advanced Research Report aims to provide an overview of the drivers for the MEC market and use cases, review of the MEC system architecture and the product classifications, form-factors, and infrastructure progression, a summary of select vendors, service providers, and solution providers, 5-year revenue and unit forecast of the worldwide. Edge computing in large organizations – a mixed outlook. Although there is a lot of activity in the edge computing market in the scope of industrial applications and Industry 4.0, also given the link with IIoT, it is likely that edge computing opportunities in the coming years are mainly limited to specific use cases. Market Guide for Edge Computing Solutions for Industrial IoT Published: 23 September 2019 ID: G00369579 Analyst(s): Santhosh Rao Summary Edge computing solutions in industrial settings are poised for rapid growth and innovation, driven by the need for real-time insights and localized action.

For edge computing to succeed, advances in proximity and latency must translate into business value.. Large enterprise users affirm their readiness to invest in edge strategies, establishing a market beyond the telcos and content players. “Edge computing gives us that real-time agility and responsiveness at the edge,” says Gartner’s. With edge computing sitting at the peak of Gartner's 2018 Hype Cycle for Cloud Computing, there's plenty of scope for false starts and disillusionment before standards and best practices are. Market Synopsis. The Global Market For Edge Computing is estimated to reach USD 22,453.9 million by 2024, registering a 28.4% CAGR during the forecast period of 2018 to 2024.The growing proliferation of the Internet of Things (IoT) and increasing security concerns at public places are driving market growth. 7 edge computing market, by application (page no. - 85) 7.1 introduction figure 24 industrial internet of things segment to grow at the highest rate during the forecast period table 10 market size, by application, 2016–2019 (usd million) table 11 market size, by application, 2020–2025 (usd million) 7.2 smart cities

Global Edge Computing Market Projected to Garner $16.55 Bn by 2025 at 32.8% CAGR, Says AMR Surge in number of intelligent applications and the need for assistance in real-time applications propel. Edge Computing Market Statistics - 2025. The edge computing market size was valued at $1.734 billion in 2017, and is projected to reach $16.557 billion by 2025, growing at a CAGR of 32.8% from 2018 to 2025. Edge computing is an approach that processes data at the edge of the network. For example, in telecommunications, a mobile can be an edge. 02 Expert Community: edge computing Executive Summary 04 Edge computing: definition, motivation and drivers Motivation What is edge computing? Use cases 07 Edge market status The consumer edge The software edge The hardware edge Born at edge 10 Challenges for adoption of edge 10 Atos developments and opportunities 12 Conclusion and call to action According to a research report "Edge Computing Market by Component (Hardware, Platform, and Services), Application (Smart Cities, IIoT, Content Delivery, Remote Monitoring, AR and VR), Organization Size (SMEs and Large Enterprises), Vertical, and Region - Global Forecast to 2025" published by MarketsandMarkets, the edge computing market size is expected to grow from USD 3.6 billion in 2020 to.

Edge computing technology is an undeniable reality, says a Gartner expert. IT’s pushing computing power to the edge to keep pace with trends like IoT and immersive environments. LAS VEGAS – If you’re not living on the edge yet, you will be, say experts. That’s edge computing technology, to be more specific. Investment in edge computing will jump next year as organizations look to handle AI-related computing demand. Read analyst Abhijit Sunil’s 2020 predictions for this rapidly growing technology. The global edge computing market size was valued at USD 3.5 billion in 2019, registering a CAGR exceeding 37% from 2020 to 2027. IoT-edge partnership is expected to revolutionize data computing and account for various corporate gains for those looking to leverage and harness the power of data analytics in developing solutions for major industry verticals Edge computing solutions in industrial settings are poised for rapid growth and innovation, driven by the need for real-time insights and localized action. I&O leaders must tread cautiously as the market consolidates around vertical-specific, ready-to-deploy edge solutions.

Progress in edge computing is driven by advances in mobile computing, rapid developments in the internet of things (IoT) and decreasing cost of computer components. Markets and Markets claiming the edge computing market size growth from $2.8 billion in 2019 to $9.0 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 26.5%.