Market Overview:
The global edge processing in IoT market is expected to grow at a CAGR of 27.5% during the forecast period from 2018 to 2030. The growth of the market can be attributed to the increasing demand for edge computing in various applications such as manufacturing, medical care, transportation, media and entertainment, telecom and IT, retail and others. Additionally, rising adoption of IoT devices across different industries is also fueling the growth of this market. However, lack of standardization is one of the major factors restraining the growth of this market.
Product Definition:
Edge processing is a term used in the Internet of Things (IoT) to describe the use of local computing and storage resources to handle data collection, analysis, and decision-making tasks close to the edge devices that generate or consume it. Edge processing can help reduce bandwidth requirements and latency associated with transmitting data between devices and back-end systems, while also improving privacy by keeping sensitive information on-premises.
Processing Hardware:
Edge processing is a way of processing data that comes from sensors and other devices without sending it back to the cloud or another device for analysis. It enables real-time decision making in an attempt to provide more relevant information to users. Edge computing has gained popularity owing to benefits such as reduced latency, which is the time difference between performing an action and receiving feedback, and high bandwidth capability that allows efficient transfer of large amounts of data with low power consumption.
Processing Platform:
Processing platform is a combination of tools, libraries and frameworks that help developers to build applications for IoT devices. It helps in simplifying the complex process of edge analytics by providing an environment where developers can easily develop application-oriented software solutions. Edge processing is used to collect data from various sources and transfer it to the cloud or another device for analysis purposes. The collected data then returns processed with new insights which are helpful in making decisions regarding future course of action.
Application Insights:
The manufacturing industry accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. The growing industrial sector, particularly in developing countries such as China and India, is anticipated to drive the demand for edge processing solutions. In addition, a rise in consumer spending on advanced technologies including IoT has led to an increase in investments by manufacturers for automation of their production processes.
The medical care segment accounted fo rnearly 15% revenue share within healthcare segmentin 2017 owingto increasing usefro m-health monitoring devices with improved connectivity features along with cloud-based data storage & analytics services that offer real-time insights into patient¢â‚¬â„¢s health conditions.
Regional Analysis:
North America accounted for the largest market share in 2017 owing to the presence of a large number of service providers and edge computing solution vendors. The region is expected to maintain its dominance over the forecast period. This can be attributed to increasing investments in artificial intelligence, machine learning, and IoT technologies across various sectors such as manufacturing, healthcare & life sciences, transportation & logistics, media & entertainment among others.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to increased adoption of edge computing solutions by telecom operators for providing enhanced network services on a commercial scale within their respective countries. Moreover, growing demand for low-cost wireless sensors coupled with high-speed data processing capabilities will drive regional growth further.
Growth Factors:
- Increasing demand for faster and more efficient data processing: Edge processing can help to speed up data processing by reducing the load on centralized servers. This is becoming increasingly important as the amount of data generated by IoT devices continues to grow.
- The need for improved security and privacy: As IoT deployments become more widespread, there is a greater need for improved security and privacy measures. Edge processing can help to reduce the risk of sensitive data being compromised or stolen.
- The rise of 5G networks: 5G networks are expected to play a major role in the development of IoT, and will be essential for supporting high-bandwidth applications such as edge computing.
- Growing interest in fog computing: Fog computing is a similar concept to edge computing, but refers specifically to deployments that take place near or at the network edge (i..e., close to end users). Fog Computing has been gaining traction in recent years due its ability to provide many of the same benefits as edge computing while also addressing certain limitations such as bandwidth constraints and latency issues . 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Edge Processing in IoT Market Research Report
By Type
Processing Hardware, Processing Platform, Processing Solutions and Services
By Application
Manufacturing Industry, Medical Care, Transportation, Media and Entertainment, Telecom and IT, Retail and Others
By Companies
Cisco Systems Inc, Microsoft Corporation, IBM Corporation, Fujitsu Limited, Nokia Corporation, AT＆T Inc, Huawei Technologies Co. Ltd, FogHorn Systems Inc, SAP, Oracle, Bosch, Amazon Web Services, Telit, AdLink, WICASTR, Nymea, VMware, Eurotech, Rigado, FogHorn, SWIM AI, Litmus Automation, ClearBlade
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Edge Processing in IoT Market Report Segments:
The global Edge Processing in IoT market is segmented on the basis of:
Types
Processing Hardware, Processing Platform, Processing Solutions and Services
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Manufacturing Industry, Medical Care, Transportation, Media and Entertainment, Telecom and IT, Retail and Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Cisco Systems Inc
- Microsoft Corporation
- IBM Corporation
- Fujitsu Limited
- Nokia Corporation
- AT＆T Inc
- Huawei Technologies Co. Ltd
- FogHorn Systems Inc
- SAP
- Oracle
- Bosch
- Amazon Web Services
- Telit
- AdLink
- WICASTR
- Nymea
- VMware
- Eurotech
- Rigado
- FogHorn
- SWIM AI
- Litmus Automation
- ClearBlade
Highlights of The Edge Processing in IoT Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Processing Hardware
- Processing Platform
- Processing Solutions and Services
- By Application:
- Manufacturing Industry
- Medical Care
- Transportation
- Media and Entertainment
- Telecom and IT
- Retail and Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Edge Processing in IoT Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Edge processing is a way to process data that is located at the edge of an IoT network. This means that the data is processed before it's sent off to a central server or database. Edge processing can help reduce the amount of traffic and latency on an IoT network, which can improve performance and reliability.
Some of the major players in the edge processing in iot market are Cisco Systems Inc, Microsoft Corporation, IBM Corporation, Fujitsu Limited, Nokia Corporation, AT＆T Inc, Huawei Technologies Co. Ltd, FogHorn Systems Inc, SAP, Oracle, Bosch, Amazon Web Services, Telit, AdLink, WICASTR, Nymea, VMware, Eurotech, Rigado, FogHorn, SWIM AI, Litmus Automation, ClearBlade.
The edge processing in iot market is expected to register a CAGR of 27.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Edge Processing in IoT Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Edge Processing in IoT Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Edge Processing in IoT Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Edge Processing in IoT Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Edge Processing in IoT Market Size & Forecast, 2018-2028
4.5.1 Edge Processing in IoT Market Size and Y-o-Y Growth
4.5.2 Edge Processing in IoT Market Absolute $ Opportunity
Chapter 5 Global Edge Processing in IoT Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Edge Processing in IoT Market Size Forecast by Type
5.2.1 Processing Hardware
5.2.2 Processing Platform
5.2.3 Processing Solutions and Services
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Edge Processing in IoT Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Edge Processing in IoT Market Size Forecast by Applications
6.2.1 Manufacturing Industry
6.2.2 Medical Care
6.2.3 Transportation
6.2.4 Media and Entertainment
6.2.5 Telecom and IT
6.2.6 Retail and Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Edge Processing in IoT Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Edge Processing in IoT Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Edge Processing in IoT Analysis and Forecast
9.1 Introduction
9.2 North America Edge Processing in IoT Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Edge Processing in IoT Market Size Forecast by Type
9.6.1 Processing Hardware
9.6.2 Processing Platform
9.6.3 Processing Solutions and Services
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Edge Processing in IoT Market Size Forecast by Applications
9.10.1 Manufacturing Industry
9.10.2 Medical Care
9.10.3 Transportation
9.10.4 Media and Entertainment
9.10.5 Telecom and IT
9.10.6 Retail and Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Edge Processing in IoT Analysis and Forecast
10.1 Introduction
10.2 Europe Edge Processing in IoT Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Edge Processing in IoT Market Size Forecast by Type
10.6.1 Processing Hardware
10.6.2 Processing Platform
10.6.3 Processing Solutions and Services
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Edge Processing in IoT Market Size Forecast by Applications
10.10.1 Manufacturing Industry
10.10.2 Medical Care
10.10.3 Transportation
10.10.4 Media and Entertainment
10.10.5 Telecom and IT
10.10.6 Retail and Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Edge Processing in IoT Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Edge Processing in IoT Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Edge Processing in IoT Market Size Forecast by Type
11.6.1 Processing Hardware
11.6.2 Processing Platform
11.6.3 Processing Solutions and Services
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Edge Processing in IoT Market Size Forecast by Applications
11.10.1 Manufacturing Industry
11.10.2 Medical Care
11.10.3 Transportation
11.10.4 Media and Entertainment
11.10.5 Telecom and IT
11.10.6 Retail and Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Edge Processing in IoT Analysis and Forecast
12.1 Introduction
12.2 Latin America Edge Processing in IoT Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Edge Processing in IoT Market Size Forecast by Type
12.6.1 Processing Hardware
12.6.2 Processing Platform
12.6.3 Processing Solutions and Services
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Edge Processing in IoT Market Size Forecast by Applications
12.10.1 Manufacturing Industry
12.10.2 Medical Care
12.10.3 Transportation
12.10.4 Media and Entertainment
12.10.5 Telecom and IT
12.10.6 Retail and Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Edge Processing in IoT Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Edge Processing in IoT Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Edge Processing in IoT Market Size Forecast by Type
13.6.1 Processing Hardware
13.6.2 Processing Platform
13.6.3 Processing Solutions and Services
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Edge Processing in IoT Market Size Forecast by Applications
13.10.1 Manufacturing Industry
13.10.2 Medical Care
13.10.3 Transportation
13.10.4 Media and Entertainment
13.10.5 Telecom and IT
13.10.6 Retail and Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Edge Processing in IoT Market: Competitive Dashboard
14.2 Global Edge Processing in IoT Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cisco Systems Inc
14.3.2 Microsoft Corporation
14.3.3 IBM Corporation
14.3.4 Fujitsu Limited
14.3.5 Nokia Corporation
14.3.6 AT＆T Inc
14.3.7 Huawei Technologies Co. Ltd
14.3.8 FogHorn Systems Inc
14.3.9 SAP
14.3.10 Oracle
14.3.11 Bosch
14.3.12 Amazon Web Services
14.3.13 Telit
14.3.14 AdLink
14.3.15 WICASTR
14.3.16 Nymea
14.3.17 VMware
14.3.18 Eurotech
14.3.19 Rigado
14.3.20 FogHorn
14.3.21 SWIM AI
14.3.22 Litmus Automation
14.3.23 ClearBlade
