Global Fog Computing Market is Expected to Reach $313.04 million by 2022

Report Sellers has added a new market research report “Fog Computing - Global Market Outlook (2017-23)” to its offerings.

According to Report, Global Fog Computing Market is valued at $14.69 million in 2016 and is expected to reach $313.04 million by 2022 growing at a CAGR of 54.8% from 2016 to 2023. Fog computing is a computing technology which decentralizes application and computing resources in the most significant and valid point. Global fog computing market key drivers are the developing Internet of Things connectivity, machine to machine communication, requirement for real-time computing for time-critical process and the increasing demand for connected devices. The rising business demand for increased operation efficiency, rapid decision-making ability, and cost savings would make fog computing an influential model for enterprises amid verticals in the future.

Software segment is anticipated to grow at the highest rate over the forecast period. Moreover, new entrants who desire to penetrate this market could simply enter the software market as it needs little initial investment in contrast to hardware. By application segment, smart manufacturing is estimated to expand at highest rate over coming six years. By region North America is estimated to grow at the highest rate. The U.S. and Canada in North America are amid the most technically advanced countries in the world and are leading in the adoption of latest technologies, thus providing enormous opportunities for the fog computing technology in this region.

Some of the key players in the market include ARM Holdings PLC, Cisco Systems, Inc., Cradlepoint, Inc., Dell Inc, FogHorn Systems, Fujitsu Ltd., GE Digital, Hitachi Data Systems, IBM Corporation, Intel Corporation, Microsoft Corporation, Nebbiolo Technologies, Oracle Corporation, Prismtech Corporation, Schneider Electric Software LLC, and Toshiba Corporation. 

Browse through the complete description and in-depth TOC on “Global Fog Computing Market”
https://www.reportsellers.com/market-research-report/Fog-Computing---Global-Market

What does the Report Offers
Market share assessments for the regional and country level segments
Market share analysis of the top industry players
Strategic recommendations for the new entrants
Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
Strategic recommendations in key business segments based on the market estimations
Competitive landscaping mapping the key common trends
Company profiling with detailed strategies, financials, and recent developments

Report Scope

Global Fog Computing Market has been segmented by components covered, applications covered, and regions covered

Components Covered:
Software
Hardware

Applications Covered:
Building & Home Automation
Connected Health
Security & Emergencies
Smart Energy
Smart Manufacturing
Transportation & Logistics
Other Applications

Regions Covered:
North America
US
Canada
Mexico
Europe
Germany
France
Italy
UK 
Spain 
Rest of Europe 
Asia Pacific
Japan 
China 
India 
Australia 
New Zealand 
South Korea
Rest of Asia Pacific 
South America
Argentina
Brazil
Chile
Rest of South America
Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

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