Edge Computing Market Valuation Forecasts and Company Profiles Impacting Industry Growth

APPLE VALLEY, Calif. - Feb. 3, 2025 - PRLog -- One of the renowned consulting, data analytics, and market research firms, Markntel Advisors published an analytical report titled, Global Edge Computing Market Research Report: Forecast (2025-30). The report consists of several factors such as increased healthcare waste, further influence the growth of the Global Edge Computing industry. One of the prominent factors driving the industry growth forward is the rising demand for 5G networks, due to faster data transfer rates, reduced latency, and enhanced network dependability. This eventually propels the demand for edge computing, as it can handle and analyze the immense data created by IoT devices, smart sensors, and other connected devices. Therefore, further boosting the growth of the edge computing market.

The report comprises, "Global Edge Computing Market Research Report: By Component, Application, Organization Size, Key End-User, and Others Forecast (2025-2030)". According to the report, the Edge Computing Global Market size was valued at USD 62.19 Billion in 2024 and is projected to reach USD 104 Billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 10.90% during the forecast period, i.e., 2025-30.

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Everything You Need to Know About Edge Computing

Processing and analyzing data close to the point of generation, as opposed to depending exclusively on centralized data centers, is known as edge computing. By bringing processing power closer to the point of data production, this decentralized method lowers latency and bandwidth consumption while improving real-time processing capabilities. edge computing world allows for quicker decision-making, quicker response times for important applications, and less strain on centralized infrastructure by shifting computing power to the "edge" of the network.

Key Takeaways

• Growth Driver: The Edge Computing market is expected to expand with the Growth of 5G Networks.
• Growth Challenges: The Edge Computing market is expected to be hampered owing to the Integration with the Current Cloud Infrastructure.
• Market Opportunity: The market growth is expected to witness lucrative and innovative growth owing to the Convergence of Edge Computing with Cloud Services.
• By Region: North America led the market growth, propelled by the region's strong technology infrastructure.

Frequently Asked Questions (FAQs)-

1. What are the industry's overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
2. What are the trends influencing the current scenario of the market?
3. What leading factors would propel and impede the industry across the region?
4. How has the industry been evolving in terms of geography & Edge Computing adoption?
5. Which region dominate Edge Computing in upcoming years?

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