Research Nester’s recent market research analysis on “Edge Computing Market: Global Demand Analysis & Opportunity Outlook 2036” delivers a detailed competitors analysis and a detailed overview of the global edge computing market in terms of market segmentation by component, industrial vertical, application, organization size, and by region.
Growing Integration of IoT Globally to Promote Global Market Share of Edge Computing
The global edge computing market is estimated to grow majorly on account of the increased use of IoT technologies. The growth of smart city installations has increased the demand for Internet of Things technologies. The Internet of Things' aim is to connect many intelligent objects that make massive amounts of data. These data will be processed and used to discover new information in the cloud. Meanwhile, it's more difficult to send such a large volume of data into the cloud. Moving data to the edge for data analysis is a solution that emerges from edge computing.
Some of the major growth factors and challenges that are associated with the growth of the global edge computing market are:
Growth Drivers:
• Surge in Demand for Connected Vehicles
• Rising Smart City Projects
Challenges:
Various nodes between the edge and cloud can be used to make edge computing possible. These are access points, base stations, gateways, traffic aggregation points, routers, switches, etc. Base stations such as digital signal processors are designed to handle the workload, but can't be used for analytical purposes simply because it isn't suitable for general-purpose computing. Security concerns associated with and complications discovering edge nodes are some of the major factors anticipated to hamper the global market size of edge computing.
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By component, the global edge computing market is segmented into hardware, software, edge managed platforms, services. The edge managed platform segment is to garner a notable revenue of USD 72.19 billion by the end of 2036 by growing at a significant CAGR over the forecast period. An edge-managed platform makes it easier to deploy, monitor, and manage services and applications in the computing environment on which they are based. This will allow a wide range of edge devices and locations to benefit from the effective use of edge resources, smooth scaling, and simplified maintenance.
By region, the North America edge computing market is to generate the highest revenue by the end of 2036. The establishment of smart manufacturing and production units is a key trend in the region. Smart manufacturing is becoming more and more accepted by companies across North America. In the United States, about 54% of manufacturers have ongoing smart factory initiatives; 24% think they're going to start a smart factory initiative within three or five years. By contrast, Canadian manufacturing companies may be able to maintain their competitiveness worldwide through digital transformation in Canada.

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This report also provides the existing competitive scenario of some of the key players of the global edge computing market which includes company profiling of Cisco System Inc., Nokia Firm, Huawei Cloud Computing Technologies Co., Ltd., Dell Inc., Hewlett Packard Enterprise Development LP, SixSq SA, Capgemini, and others.
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