The edge computing market size is expected to grow by USD 9.93 billion from 2022 to 2027. In addition, the growth momentum of the market will progress at a CAGR of 24.74% during the forecast period, according to Technavio. Rising demand for decentralized computing to reduce latency in decision-making is notably driving the edge computing market. However, factors such as Competition from low-cost centralized and general-purpose computing infrastructure may impede market growth. The market is segmented by End-user (Industrial manufacturing, Telecom, Mobility, Government, and Others), Component (Hardware, Software, Services, and Edge-managed platforms), and Geography (North America, Europe, APAC, South America, and Middle East and Africa)
The market is segmented by End-user (Industrial manufacturing, Telecom, Mobility, Government, and Others), Component (Hardware, Software, Services, and Edge-managed platforms), and Geography (North America, Europe, APAC, South America, and Middle East and Africa)
The report offers an up-to-date analysis of the market, and to know the exact growth variance and the Y-O-Y growth rate
We provide a detailed analysis of 20 companies operating in the edge computing market incluidng  Alphabet Inc., Amazon.com Inc., Arrow Electronics Inc., Capgemini Service SAS, ClearBlade Inc., Dell Technologies Inc., EdgeConneX Inc., General Electric Co., Hewlett Packard Enterprise Co., Huawei Technologies Co. Ltd., Intel Corp., Nokia Corp., NVIDIA Corp., Renesas Electronics Corp., Schneider Electric SE, Telefonaktiebolaget LM Ericsson, Aarna Networks Inc., Cisco Systems Inc., International Business Machines Corp., and Microsoft Corp
, and Microsoft Corp
Company Analysis
•         Amazon - The company offers mobile edge computing services through Google Distributed Cloud Edge.
Market Segmentation
Analyst Review
In today's rapidly evolving digital landscape, investments in cutting-edge technologies like edge computing have become imperative for businesses across various industry verticals. This paradigm shift is driven by the escalating demand for faster, more reliable data processing solutions that can handle data volumes and network traffic efficiently.

Source prnewswire