Edge Computing Market : Key Success Factors, Growth Trends & Forecast 2022-2029

 The global “Edge Computing Market” is expected to rise with an impressive CAGR and generate the highest revenue by 2026. Fortune Business Insights™ in its latest report published this information. The report is titled " Edge Computing Market Size, Share and Trends Forecast". The report discusses research objectives, research scope, methodology, timeline, and challenges during the entire forecast period.

The global edge computing market size was valued at USD 11.99 billion in 2022 and is projected to grow from USD 15.96 billion in 2023 to USD 139.58 billion by 2030, exhibiting a CAGR of 36.3% during the forecast period. North America's market size was worth USD 4.13 Billion in 2022.

Read More: 

https://www.fortunebusinessinsights.com/edge-computing-market-103760

List of the Key Companies Profiled:

  • IBM Corporation (U.S.)
  • Intel Corporation (U.S.)
  • com, Inc. (U.S.)
  • Google LLC (U.S.)
  • Microsoft Corporation (U.S.)
  • ADLINK Technology Inc. (Taiwan)
  • Hewlett Packard Enterprise Development LP (U.S.)
  • Cisco Systems, Inc. (U.S.)
  • Huawei Technologies Co., Ltd. (U.S.)
  • EdgeConneX Inc. (U.S.)

Driver: Increasing Rate of Recovery of Financial Losses to Stimulate Edge Computing Market Growth

The increase in the rate of recovery of financial losses is anticipated to augment the growth of the Edge Computing Market within the estimated period. Edge Computing Market helps all organizations and enterprises mitigate losses from a variety of incidents that take place every day, from a data breach involving sensitive customer information to network damage and disruption. Though does not protect any organization against the hack itself, it does offer help before, during, and after an attack. Further, it also helps with the costs associated with remediation, including payment for legal assistance, crisis communicators, investigators, and customer credits or refunds. However, the lack of awareness related to Edge Computing Market Moreover, the increasing adoption of artificial intelligence and blockchain technology for risk analytics is further anticipated to support the growth in the years to come.

 

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