The Global Edge Computing Devices Market is expected to value at USD 20.78 Billion by 2028, at a CAGR of 22.5% in the forecast period. Edge computing devices are hardware that drives edge computing applications through a wide variety of industries. They are used to perform various tasks depending on the software applications or functionality. Edge computing devices are designed to serve unique roles and are fitted with the applications required to perform specified tasks. Edge devices act as an important role to play by reducing the amount of data flowing to bring low latency processing and faster overall speed. This makes it possible to maximize output through data-driven policies. Edge computing devices are connected to the equipment and the collected data can be transmitted and used to measure the overall efficiency of the equipment. The proliferation of IoT edge computing devices raises the total network attack surface and also offers some significant security advantages. For instance, in 2019, Atos SE launched BullSequana Edge, the AI-enabled edge computing server to manage and process IoT data. Also, analyses for real time insights automated decision-making solutions and optimize operations.
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The global Edge Computing Devices market research report provides a detailed study of the market. The market value is determined by looking at the revenue (in millions of dollars) and the size of the global Edge Computing Devices market. The research examines the Edge Computing Devices market's recent technological trends and important industry improvements. It also shows a study of the global Edge Computing Devices market's restrictions, new opportunities, and drivers. The research report examines the major players in the Edge Computing Devices industry all over the world.
LATEST TREND
Rising Number of 5G Interconnected Devices
The rising number of 5G adoption, IoT, interconnected devices, and also partnerships and acquisitions with telecommunication providers, hyperscalers, and start-ups are propelling the edge computing devices market. Edge AI is expected to enable smooth operations including data management, reducing power consumption and lower the costs for data communications. The various big companies like NVIDIA Corporation, Microsoft and Intel Corporation are working on IoT-based technologies to proliferate the edge computing around the world. The concerns pertaining to high initial cost are restraining the edge computing devices market. The heavy investment in edge devices and edge data centres required to secure the large network hinders the market growth.
Crucial Industry Players included in this report are:
Atos SE
IBM Corporation
Microsoft
Huawei Technologies Co., Ltd
Juniper Networks, Inc
Cisco
Kontron
Dell Inc.
Intel Corporation
Telefonaktiebolaget LM Ericsson
Amazon Web Services, Inc
Product Types can be classified into:
Edge Nodes (Server)
Routers
Others
Key Applications covered in this report are:
Smart Cities
IoT
Autonomous Vehicles
Remote Monitoring
AR and VR
Analytics
Others
The research examines recent trends as well as the volume of each market segment. The current Edge Computing Devices market trends are estimated using SWOT analysis. The competitive landscape of the worldwide Edge Computing Devices market is examined using Porter's five forces model.
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The Edge Computing Devices market report is the result of extensive research into the global Edge Computing Devices market. It also includes interviews with a number of prominent Edge Computing Devices industry players, making the report a valuable resource. The study highlights significant players in the global Edge Computing Devices market, as well as their market shares. It also forecasts the key market participants' growth during the forecast period.
North America, Latin America, the Middle East and Africa, Asia Pacific, and Europe are the regions that make up the worldwide Edge Computing Devices market. The data in the global Edge Computing Devices market research report is presented in the form of images, tables, and graphs, as well as precise statistics.