PUBLISHER: KBV Research | PRODUCT CODE: 1580640
PUBLISHER: KBV Research | PRODUCT CODE: 1580640
The North America 5G Edge Server Market would witness market growth of 41.0% CAGR during the forecast period (2024-2031).
The US market dominated the North America 5G Edge Server Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $20,000.6 million by 2031. The Canada market is experiencing a CAGR of 44% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 42.8% during (2024 - 2031).
A 5G edge server is a specialized computing resource that supports delivering 5G services by processing data closer to the end-users rather than relying solely on centralized data centers. In traditional network architectures, data is transmitted back and forth between end devices and a central server, which can introduce latency. For applications that necessitate real-time processing, 5G edge servers are situated at the "edge" of the network, in close proximity to the sources of data generation and consumption. This arrangement is essential for reducing latency and enhancing responsiveness.
The market is a transformative evolution in the processing and delivery of data, driven by the development of 5G technology and the growing demand for real-time, low-latency communication systems. The adoption of 5G technology is expected to revolutionize industries by enabling high-speed connectivity, ultra-reliable communications, and massive device connectivity-all essential for applications that require rapid data processing and response times.
In Mexico, the telecommunications sector contributes to the rising demand for 5G edge servers as the country aims to expand its telecom infrastructure to accommodate growing data traffic and ensure seamless communication. Government-backed data indicate that in the second quarter of 2024, the gross domestic product of the telecom sector was $458 billion MX, a 6.25% increase compared to the previous quarter, underscoring the significance of telecommunications in driving demand for server infrastructure. Therefore, as North American nations modernize their digital infrastructure, the demand for 5G edge servers will continue to rise, supporting applications across industries, including telecommunications, industrial automation, and healthcare.
Based on Enterprise Size, the market is segmented into Large Enterprises, and Small & Medium Enterprises (SMEs). Based on Component, the market is segmented into Hardware (Servers, Storage Devices, and Networking Equipment), Software (Network Management Software, Edge Orchestration, and Security Solutions), and Services (Deployment & Integration Services, Consulting Services, and Support & Maintenance Services). Based on Deployment Type, the market is segmented into On-Premises, Cloud-based, and Hybrid. Based on Technology, the market is segmented into Multi-access Edge Computing (MEC), Artificial Intelligence (AI) & Machine Learning (ML), Internet of Things (IoT), Network Function Virtualization (NFV), and Other Technology. Based on Application, the market is segmented into Content Delivery, Industrial IoT, Autonomous Vehicles, Augmented Reality (AR) & Virtual Reality (VR), and Other Application. Based on End-Use Industry, the market is segmented into Telecommunications, Automotive & Transportation, Industrial Automation, Healthcare, Retail & E-commerce, Energy & Utilities, and Other End-Use Industry. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
North America 5G Edge Server Market Report Segmentation
By Enterprise Size
By Component
By Deployment Type
By Technology
By Application
By Country