PUBLISHER: Lucintel | PRODUCT CODE: 1418565
PUBLISHER: Lucintel | PRODUCT CODE: 1418565
Edge Data Center Trends and Forecast
The future of the global edge data center market looks promising with opportunities in the IT and telecom, BFSI, healthcare and lifesciences, manufacturing & automotive, government, gaming and entertainment, and retail and e-commerce markets. The global edge data center market is expected to reach an estimated $42.53 billion by 2030 with a CAGR of 22.8% from 2024 to 2030. The major drivers for this market are growth as more sectors use cutting-edge technologies like 5G, big data, cloud, streaming services, artificial intelligence, and the Internet of Things (IoT) and need for lower network traffic, real-time data analysis, minimal operational costs, enhanced application performance, and corporate agility.
A more than 150-page report is developed to help in your business decisions.
Edge Data Center by Segment
The study includes a forecast for the global edge data center by component , facility size , end use, and region.
List of Edge Data Center Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies edge data center companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the edge data center companies profiled in this report include-
Edge Data Center Market Insights
Lucintel forecasts that solution will remain the largest segment over the forecast period due to rising data center workloads.
Within this market, IT & telecom will remain the largest segment due to meeting the requirements for extensive data processing and minimal latency.
North America will remain the largest region over the forecast period due to widespread embrace of edge data center solutions and services.
Features of the Global Edge Data Center Market
Market Size Estimates: Edge data center market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Edge data center market size by component , facility size , end use, and region in terms of value ($B).
Regional Analysis: Edge data center market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different component , facility size , end use, and regions for the edge data center market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the edge data center market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the edge data center market size?
Answer: The global edge data center market is expected to reach an estimated $42.53 billion by 2030.
Q2. What is the growth forecast for edge data center market?
Answer: The global edge data center market is expected to grow with a CAGR of 22.8% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the edge data center market?
Answer: The major drivers for this market are growing demand for edge data centers and embracing the integration of emerging technologies.The major drivers for this market are growth as more sectors use cutting-edge technologies like 5G, big data, cloud, streaming services, artificial intelligence, and the Internet of Things (IoT) and need for lower network traffic, real-time data analysis, minimal operational costs, enhanced application performance, and corporate agility.
Q4. What are the major segments for edge data center market?
Answer: The future of the edge data center market looks promising with opportunities in the IT and telecom, BFSI, healthcare and lifesciences, manufacturing & automotive, government, gaming and entertainment, and retail and e-commerce markets.
Q5. Who are the key edge data center market companies?
Answer: Some of the key edge data center companies are as follows.
Q6. Which edge data center market segment will be the largest in future?
Answer: Lucintel forecasts that solution will remain the largest segment over the forecast period due to rising data center workloads.
Q7. In edge data center market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to widespread embrace of edge data center solutions and services.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.