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Edge Data Center Market is encountering new opportunities & technological advancements by Key Market Players (Endeavor Business Media, LLC; Fujitsu; Hewlett Packard Enterprise Development LP; Huawei Technologies Co., Ltd.; IBM.) | Forecast to 2030
According to a research report "Edge Data Center Market”, by Component (Solution (DCIM, Power, Cooling, Networking Equipment, Others) Services (Consulting, Integration & Implementation, Managed)), Facility Size (Small & Medium Facility, Large Facility), Vertical (IT & Telecom, BFSI, Healthcare & Lifesciences, Manufacturing, Government, Automotive, Gaming & Entertainment, Retail & eCommerce, Other) & Region - Global Forecast to 2030.
Edge Data Center Market Scope:
- Market size value in 2023 - USD 10.3 Billion
- Market size value in 2030 - USD 43.6 Billion
- CAGR (2023-2030) - 22.9%
- Forecast Period - 2023-2030
- Historic Data - 2019
- Segments Covered - Component, Services, Facility Size, Vertical & Region
- Geographies Covered - North America, Europe, Asia Pacific, and RoW
- Sample of Companies Covered - Endeavor Business Media, LLC; Fujitsu; Hewlett Packard Enterprise Development LP; Huawei Technologies Co., Ltd.; IBM.
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Browse in-depth TOC on "Edge Data Center Market"
- 144 - Tables
- 99 - Figures
- 362 - Pages
Market Overview: The Global Edge Data Center Market holds a pivotal role in the overall technology ecosystem by addressing the increasing demand for low-latency data processing and storage solutions. As the digital landscape evolves with the growing adoption of technologies like IoT and 5G, the need for real-time data processing at the edge of the network becomes imperative. Edge data centers, situated closer to end-users, reduce latency and enhance the efficiency of applications and services. This proximity enables faster response times for critical applications, such as autonomous vehicles, smart cities, and augmented reality. Moreover, edge data centers contribute to optimizing bandwidth usage and reducing the strain on centralized cloud infrastructure.
Market Dynamics
Drivers:
- Increasing demand for low-latency data processing.
- Growth of Internet of Things (IoT) devices and applications.
- Rising adoption of edge computing for real-time analytics.
- Surge in data generation from connected devices and applications.
Opportunities:
- Expansion of 5G networks and edge computing capabilities.
- Emergence of edge data centers for autonomous vehicles.
- Enhanced edge security solutions and privacy concerns.
- Edge computing solutions for smart cities and industrial applications.
North America dominates the market for Edge Data Center.
The dominating region in the global Edge Data Center market is North America, with the United States at the forefront. The region's dominance is attributed to the widespread adoption of edge computing across various industries, including telecommunications, healthcare, and manufacturing. The United States, being a technology hub, has witnessed substantial investments in edge infrastructure to support the burgeoning demand for low-latency applications and services.
In terms of upcoming countries with high growth potential, Asia-Pacific stands out prominently. China, in particular, is emerging as a key player in the Edge Data Center market. The rapid digital transformation, massive population, and the increasing adoption of technologies like 5G and IoT are driving the demand for edge computing solutions in China. The country's emphasis on building smart cities and advancing industrial automation further fuels the growth of edge data centers.
Additionally, India is poised for significant growth in the Edge Data Center market. The country's ambitious digital initiatives, coupled with a thriving startup ecosystem, create a conducive environment for edge computing adoption. The implementation of edge data centers is vital to address the unique challenges posed by India's diverse geography and the need for decentralized data processing. As these countries continue to invest in digital infrastructure, they present lucrative opportunities for the expansion of the global Edge Data Center market.
Top Key Players covered in the market report
- ATC IP LLC
- Cisco Systems Inc
- Dell Inc.
- Eaton
- EdgeConneX Inc.
- Endeavor Business Media
- LLC
- Fujitsu
- Hewlett Packard Enterprise Development LP
- Huawei Technologies Co., Ltd.
- IBM
- NVIDIA Corporation
- Schneider Electric
- Vertiv Group Corp.
- CommScope
- 365 Data Centers
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Segmentations Analysis of Edge Data Center Market: -
- By Component
- By Facility Size
- By Vertical
- By Region
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