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PUBLISHER: KBV Research | PRODUCT CODE: 1709857
PUBLISHER: KBV Research | PRODUCT CODE: 1709857
North America 5G Edge Computing Market Size, Share & Trends Analysis Report By Solution (Software, Services), By End Use, By Country and Growth Forecast, 2024 - 2031
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The North America 5G Edge Computing Market would witness market growth of 46.2% CAGR during the forecast period (2024-2031).
The US market dominated the North America 5G Edge Computing Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $18,218 million by 2031. The Canada market is experiencing a CAGR of 49.2% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 48.1% during (2024 - 2031).
The convergence of 5G technology and edge computing represents one of the most transformative developments in the digital era, redefining how data is processed, stored, and utilized across industries. The demand for faster, more efficient, and low-latency solutions has surged as the world becomes increasingly connected through billions of devices-ranging from smartphones and IoT sensors to autonomous vehicles and smart infrastructure.
At its core, 5G edge computing refers to a distributed computing architecture that integrates 5G connectivity with edge computing infrastructure, bringing computation and data storage closer to the end-user or device. Unlike traditional cloud computing, which relies on centralized data centers often located far from the data source, edge computing processes data at or near its point of origin.
The market is experiencing rapid expansion, driven by the growing need for real-time data processing, low-latency applications, and enhanced network capabilities. In addition, the Canadian government projects a 1% annual increase in electricity demand from 2014 to 2040, with industrial energy consumption expected to grow at 0.7% annually. To meet rising demand, energy producers are expanding generation capacity, especially through renewable energy sources such as wind, solar, and hydroelectric power.The United States witnessed a 7.5% increase in healthcare spending in 2023, reaching $4.9 trillion, accounting for 17.6% of the country's GDP. This surge in healthcare investment highlights the growing reliance on digital health solutions, including telemedicine, remote patient monitoring, and AI-driven diagnostics. Mexico's telecommunications sector has consistently outpaced the country's overall economic growth, driven by increased mobile phone usage, broadband expansion, and broadcasting services. In 2022, Mexico had over 130 million active wireless lines, with over 113 million people having Internet access. In Conclusion, Canada, the USA, and Mexico are playing crucial roles in advancing the market by leveraging their energy, healthcare, and telecommunications strengths.
Based on Solution, the market is segmented into Software, Services and Hardware. Based on End Use, the market is segmented into IT & Telecom, Datacenters, Automotive, Smart Cities, Smart Homes, & Smart Buildings, Healthcare, Energy & Utilities, and Other End Use. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Microsoft Corporation
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- Cisco Systems, Inc.
- Hewlett Packard Enterprise Company
- Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- Ericsson AB
- IBM Corporation
- Intel Corporation
- Google LLC (Alphabet Inc.)
- Dell Technologies, Inc.
North America 5G Edge Computing Market Report Segmentation
By Solution
- Software
- Services
- Hardware
By End Use
- IT & Telecom
- Datacenters
- Automotive
- Smart Cities, Smart Homes, & Smart Buildings
- Healthcare
- Energy & Utilities
- Other End Use
By Country
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America 5G Edge Computing Market, by Solution
- 1.4.2 North America 5G Edge Computing Market, by End Use
- 1.4.3 North America 5G Edge Computing Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market at a Glance
- 2.1 Key Highlights
Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.1.1 Overview
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
- 4.1 KBV Cardinal Matrix
- 4.2 Recent Industry Wide Strategic Developments
- 4.2.1 Partnerships, Collaborations and Agreements
- 4.2.2 Product Launches and Product Expansions
- 4.2.3 Acquisition and Mergers
- 4.3 Market Share Analysis, 2023
- 4.4 Top Winning Strategies
- 4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
- 4.4.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2020, Feb - 2025, Feb) Leading Players
- 4.5 Porter Five Forces Analysis
Chapter 5. North America 5G Edge Computing Market by Solution
- 5.1 North America Software Market by Country
- 5.2 North America Services Market by Country
- 5.3 North America Hardware Market by Country
Chapter 6. North America 5G Edge Computing Market by End Use
- 6.1 North America IT & Telecom Market by Country
- 6.2 North America Datacenters Market by Country
- 6.3 North America Automotive Market by Country
- 6.4 North America Smart Cities, Smart Homes, & Smart Buildings Market by Country
- 6.5 North America Healthcare Market by Country
- 6.6 North America Energy & Utilities Market by Country
- 6.7 North America Other End Use Market by Country
Chapter 7. North America 5G Edge Computing Market by Country
- 7.1 US 5G Edge Computing Market
- 7.1.1 US 5G Edge Computing Market by Solution
- 7.1.2 US 5G Edge Computing Market by End Use
- 7.2 Canada 5G Edge Computing Market
- 7.2.1 Canada 5G Edge Computing Market by Solution
- 7.2.2 Canada 5G Edge Computing Market by End Use
- 7.3 Mexico 5G Edge Computing Market
- 7.3.1 Mexico 5G Edge Computing Market by Solution
- 7.3.2 Mexico 5G Edge Computing Market by End Use
- 7.4 Rest of North America 5G Edge Computing Market
- 7.4.1 Rest of North America 5G Edge Computing Market by Solution
- 7.4.2 Rest of North America 5G Edge Computing Market by End Use
Chapter 8. Company Profiles
- 8.1 Microsoft Corporation
- 8.1.1 Company Overview
- 8.1.2 Financial Analysis
- 8.1.3 Segmental and Regional Analysis
- 8.1.4 Research & Development Expenses
- 8.1.5 Recent strategies and developments:
- 8.1.5.1 Partnerships, Collaborations, and Agreements:
- 8.1.5.2 Product Launches and Product Expansions:
- 8.1.5.3 Acquisition and Mergers:
- 8.1.6 SWOT Analysis
- 8.2 Amazon Web Services, Inc. (Amazon.com, Inc.)
- 8.2.1 Company Overview
- 8.2.2 Financial Analysis
- 8.2.3 Segmental and Regional Analysis
- 8.2.4 Recent strategies and developments:
- 8.2.4.1 Partnerships, Collaborations, and Agreements:
- 8.2.5 SWOT Analysis
- 8.3 Cisco Systems, Inc.
- 8.3.1 Company Overview
- 8.3.2 Financial Analysis
- 8.3.3 Regional Analysis
- 8.3.4 Research & Development Expense
- 8.3.5 Recent strategies and developments:
- 8.3.5.1 Partnerships, Collaborations, and Agreements:
- 8.3.5.2 Acquisition and Mergers:
- 8.3.6 SWOT Analysis
- 8.4 Hewlett Packard Enterprise Company
- 8.4.1 Company Overview
- 8.4.2 Financial Analysis
- 8.4.3 Segmental and Regional Analysis
- 8.4.4 Research & Development Expense
- 8.4.5 SWOT Analysis
- 8.5 Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- 8.5.1 Company Overview
- 8.5.2 Financial Analysis
- 8.5.3 Segmental and Regional Analysis
- 8.5.4 Research & Development Expenses
- 8.5.5 Recent strategies and developments:
- 8.5.5.1 Product Launches and Product Expansions:
- 8.5.6 SWOT Analysis
- 8.6 Ericsson AB
- 8.6.1 Company Overview
- 8.6.2 Financial Analysis
- 8.6.3 Segmental and Regional Analysis
- 8.6.4 Research & Development Expense
- 8.6.5 Recent strategies and developments:
- 8.6.5.1 Partnerships, Collaborations, and Agreements:
- 8.6.5.2 Product Launches and Product Expansions:
- 8.6.5.3 Acquisition and Mergers:
- 8.6.6 SWOT Analysis
- 8.7 IBM Corporation
- 8.7.1 Company Overview
- 8.7.2 Financial Analysis
- 8.7.3 Regional & Segmental Analysis
- 8.7.4 Research & Development Expenses
- 8.7.5 Recent strategies and developments:
- 8.7.5.1 Partnerships, Collaborations, and Agreements:
- 8.7.5.2 Acquisition and Mergers:
- 8.7.6 SWOT Analysis
- 8.8 Intel Corporation
- 8.8.1 Company Overview
- 8.8.2 Financial Analysis
- 8.8.3 Segmental and Regional Analysis
- 8.8.4 Research & Development Expenses
- 8.8.5 Recent strategies and developments:
- 8.8.5.1 Partnerships, Collaborations, and Agreements:
- 8.8.6 SWOT Analysis
- 8.9 Google LLC (Alphabet Inc.)
- 8.9.1 Company Overview
- 8.9.2 Financial Analysis
- 8.9.3 Segmental and Regional Analysis
- 8.9.4 Research & Development Expenses
- 8.9.5 Recent strategies and developments:
- 8.9.5.1 Partnerships, Collaborations, and Agreements:
- 8.9.6 SWOT Analysis
- 8.10. Dell Technologies, Inc.
- 8.10.1 Company Overview
- 8.10.2 Financial Analysis
- 8.10.3 Segmental and Regional Analysis
- 8.10.4 Research & Development Expense
- 8.10.5 Recent strategies and developments:
- 8.10.5.1 Partnerships, Collaborations, and Agreements:
- 8.10.6 SWOT Analysis
- 8.11 Verizon Communications, Inc.
- 8.11.1 Company Overview
- 8.11.2 Financial Analysis
- 8.11.3 Segmental Analysis
- 8.11.4 Recent strategies and developments:
- 8.11.4.1 Partnerships, Collaborations, and Agreements:
- 8.11.4.2 Product Launches and Product Expansions:
- 8.11.4.3 Acquisition and Mergers:
- 8.11.5 SWOT Analysis
LIST OF TABLES
- TABLE 1 North America 5G Edge Computing Market, 2020 - 2023, USD Million
- TABLE 2 North America 5G Edge Computing Market, 2024 - 2031, USD Million
- TABLE 3 Partnerships, Collaborations and Agreements- 5G Edge Computing Market
- TABLE 4 Product Launches And Product Expansions- 5G Edge Computing Market
- TABLE 5 Acquisition and Mergers- 5G Edge Computing Market
- TABLE 6 North America 5G Edge Computing Market by Solution, 2020 - 2023, USD Million
- TABLE 7 North America 5G Edge Computing Market by Solution, 2024 - 2031, USD Million
- TABLE 8 North America Software Market by Country, 2020 - 2023, USD Million
- TABLE 9 North America Software Market by Country, 2024 - 2031, USD Million
- TABLE 10 North America Services Market by Country, 2020 - 2023, USD Million
- TABLE 11 North America Services Market by Country, 2024 - 2031, USD Million
- TABLE 12 North America Hardware Market by Country, 2020 - 2023, USD Million
- TABLE 13 North America Hardware Market by Country, 2024 - 2031, USD Million
- TABLE 14 North America 5G Edge Computing Market by End Use, 2020 - 2023, USD Million
- TABLE 15 North America 5G Edge Computing Market by End Use, 2024 - 2031, USD Million
- TABLE 16 North America IT & Telecom Market by Country, 2020 - 2023, USD Million
- TABLE 17 North America IT & Telecom Market by Country, 2024 - 2031, USD Million
- TABLE 18 North America Datacenters Market by Country, 2020 - 2023, USD Million
- TABLE 19 North America Datacenters Market by Country, 2024 - 2031, USD Million
- TABLE 20 North America Automotive Market by Country, 2020 - 2023, USD Million
- TABLE 21 North America Automotive Market by Country, 2024 - 2031, USD Million
- TABLE 22 North America Smart Cities, Smart Homes, & Smart Buildings Market by Country, 2020 - 2023, USD Million
- TABLE 23 North America Smart Cities, Smart Homes, & Smart Buildings Market by Country, 2024 - 2031, USD Million
- TABLE 24 North America Healthcare Market by Country, 2020 - 2023, USD Million
- TABLE 25 North America Healthcare Market by Country, 2024 - 2031, USD Million
- TABLE 26 North America Energy & Utilities Market by Country, 2020 - 2023, USD Million
- TABLE 27 North America Energy & Utilities Market by Country, 2024 - 2031, USD Million
- TABLE 28 North America Other End Use Market by Country, 2020 - 2023, USD Million
- TABLE 29 North America Other End Use Market by Country, 2024 - 2031, USD Million
- TABLE 30 North America 5G Edge Computing Market by Country, 2020 - 2023, USD Million
- TABLE 31 North America 5G Edge Computing Market by Country, 2024 - 2031, USD Million
- TABLE 32 US 5G Edge Computing Market, 2020 - 2023, USD Million
- TABLE 33 US 5G Edge Computing Market, 2024 - 2031, USD Million
- TABLE 34 US 5G Edge Computing Market by Solution, 2020 - 2023, USD Million
- TABLE 35 US 5G Edge Computing Market by Solution, 2024 - 2031, USD Million
- TABLE 36 US 5G Edge Computing Market by End Use, 2020 - 2023, USD Million
- TABLE 37 US 5G Edge Computing Market by End Use, 2024 - 2031, USD Million
- TABLE 38 Canada 5G Edge Computing Market, 2020 - 2023, USD Million
- TABLE 39 Canada 5G Edge Computing Market, 2024 - 2031, USD Million
- TABLE 40 Canada 5G Edge Computing Market by Solution, 2020 - 2023, USD Million
- TABLE 41 Canada 5G Edge Computing Market by Solution, 2024 - 2031, USD Million
- TABLE 42 Canada 5G Edge Computing Market by End Use, 2020 - 2023, USD Million
- TABLE 43 Canada 5G Edge Computing Market by End Use, 2024 - 2031, USD Million
- TABLE 44 Mexico 5G Edge Computing Market, 2020 - 2023, USD Million
- TABLE 45 Mexico 5G Edge Computing Market, 2024 - 2031, USD Million
- TABLE 46 Mexico 5G Edge Computing Market by Solution, 2020 - 2023, USD Million
- TABLE 47 Mexico 5G Edge Computing Market by Solution, 2024 - 2031, USD Million
- TABLE 48 Mexico 5G Edge Computing Market by End Use, 2020 - 2023, USD Million
- TABLE 49 Mexico 5G Edge Computing Market by End Use, 2024 - 2031, USD Million
- TABLE 50 Rest of North America 5G Edge Computing Market, 2020 - 2023, USD Million
- TABLE 51 Rest of North America 5G Edge Computing Market, 2024 - 2031, USD Million
- TABLE 52 Rest of North America 5G Edge Computing Market by Solution, 2020 - 2023, USD Million
- TABLE 53 Rest of North America 5G Edge Computing Market by Solution, 2024 - 2031, USD Million
- TABLE 54 Rest of North America 5G Edge Computing Market by End Use, 2020 - 2023, USD Million
- TABLE 55 Rest of North America 5G Edge Computing Market by End Use, 2024 - 2031, USD Million
- TABLE 56 Key Information - Microsoft Corporation
- TABLE 57 Key Information - Amazon Web Services, Inc.
- TABLE 58 Key Information - Cisco Systems, Inc.
- TABLE 59 Key Information - Hewlett Packard Enterprise Company
- TABLE 60 Key Information - Huawei Technologies Co., Ltd.
- TABLE 61 key information - Ericsson AB
- TABLE 62 Key Information - IBM Corporation
- TABLE 63 Key Information - Intel Corporation
- TABLE 64 Key Information - Google LLC
- TABLE 65 Key Information - Dell Technologies, Inc.
- TABLE 66 key information - Verizon Communications, Inc.
LIST OF FIGURES
- FIG 1 Methodology for the research
- FIG 2 North America 5G Edge Computing Market, 2020 - 2031, USD Million
- FIG 3 Key Factors Impacting 5G Edge Computing Market
- FIG 4 KBV Cardinal Matrix
- FIG 5 Market Share Analysis, 2023
- FIG 6 Key Leading Strategies: Percentage Distribution (2020-2024)
- FIG 7 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2017, 2020, Feb - 2025, feb) Leading Players
- FIG 8 Porter's Five Forces Analysis - 5G Edge Computing Market
- FIG 9 North America 5G Edge Computing Market share by Solution, 2023
- FIG 10 North America 5G Edge Computing Market share by Solution, 2031
- FIG 11 North America 5G Edge Computing Market by Solution, 2020 - 2031, USD Million
- FIG 12 North America 5G Edge Computing Market share by End Use, 2023
- FIG 13 North America 5G Edge Computing Market share by End Use, 2031
- FIG 14 North America 5G Edge Computing Market by End Use, 2020 - 2031, USD Million
- FIG 15 North America 5G Edge Computing Market share by Country, 2023
- FIG 16 North America 5G Edge Computing Market share by Country, 2031
- FIG 17 North America 5G Edge Computing Market by Country, 2020 - 2031, USD Million
- FIG 18 Recent strategies and developments: Microsoft Corporation
- FIG 19 SWOT Analysis: Microsoft Corporation
- FIG 20 SWOT Analysis: Amazon Web Services, Inc.
- FIG 21 Recent strategies and developments: Cisco Systems, Inc.
- FIG 22 SWOT Analysis: Cisco Systems, Inc.
- FIG 23 SWOT Analysis: Hewlett Packard Enterprise Company
- FIG 24 SWOT Analysis: Huawei Technologies Co., Ltd.
- FIG 25 Recent strategies and developments: Ericsson AB
- FIG 26 SWOT Analysis: Ericsson AB
- FIG 27 Recent strategies and developments: IBM Corporation
- FIG 28 SWOT Analysis: IBM Corporation
- FIG 29 SWOT Analysis: Intel corporation
- FIG 30 SWOT Analysis: Google LLC
- FIG 31 SWOT Analysis: Dell Technologies, Inc.
- FIG 32 Recent strategies and developments: Verizon Communications, Inc.
- FIG 33 SWOT Analysis: Verizon Communications, Inc.
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