The Edge Data Center Market Size was valued at USD USD 9.1 billion in 2022 and is estimated to reach USD 34.88 billion in 2030 with a growing CAGR of 18.29% Over the Forecast Period of 2023-2030.
The Edge Data Center Market is experiencing robust growth due to the increasing demand for real-time data processing and the proliferation of Internet of Things (IoT) devices. Edge data centers are decentralized facilities located closer to the data source, reducing latency and enhancing speed for data processing and delivery. This trend is driven by the necessity to support applications requiring rapid response times, such as autonomous vehicles, smart cities, and augmented reality. With the expansion of 5G networks, the importance of edge computing has surged, enabling faster data transfer and improved network efficiency. As businesses and service providers strive to meet consumer expectations for instantaneous services, the deployment of edge data centers has become crucial.
Moreover, the edge data center market is benefiting from advancements in artificial intelligence (AI) and machine learning (ML), which require significant computational power and immediate data access. These technologies enable predictive analytics and automation, driving the need for edge infrastructure that can handle large volumes of data at high speeds. Additionally, edge data centers contribute to enhanced data security and privacy by processing information locally, reducing the risk of data breaches during transmission. The market is also witnessing innovation in energy-efficient designs and cooling solutions to address the environmental impact of data centers. As a result, the edge data center market is poised for continued expansion, attracting investments from tech giants and new entrants alike.
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Covid 19 impact analysis:
The latest report is the most recent study that offers coverage of the Edge Data Center industry that has been facing the brunt of the adverse economic impact of the COVID-19 outbreak since the beginning of this year. The global health crisis has affected nearly every aspect of the business vertical and led to massive disruptions to the global Edge Data Center market demand and supply chains. Researchers draw predictions for the market scenario in the post-COVID era. The report, additionally, assesses the present market situation and estimates its future outcomes, keeping in mind the impact of the pandemic on the global economic landscape.
Major companies profiled in the market report include
Dell Inc., IBM, ATC IP LLC, Cisco Systems Inc., Schneider Electric, EatonEndeavor Business Media, LLC, Huawei Technologies Co., Ltd., Vertiv Group Corp., 365 Data Centers, NVIDIA Corporation, EdgeConneX Inc., CommScope, Fujitsu, Hewlett Packard Enterprise, and others .
Research objectives:
The latest research report has been formulated using industry-verified data. It provides a detailed understanding of the leading manufacturers and suppliers engaged in this market, their pricing analysis, product offerings, gross revenue, sales network & distribution channels, profit margins, and financial standing. The report’s insightful data is intended to enlighten the readers interested in this business sector about the lucrative growth opportunities in the Edge Data Center market.
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It has segmented the global Edge Data Center market
By component
l Solution
l services
By Facility Size
l Small & Medium Facility
l Large Facility
By End-user Industries
l IT & Telecom
l BFSI
l Healthcare & Lifesciences
l Manufacturing
l Government
l Automotive
l Gaming & Entertainment
l Retail & eCommerce
l Others
Key Objectives of the Global Edge Data Center Market Report:
l The report conducts a comparative assessment of the leading market players participating in the global Edge Data Center market.
l The report marks the notable developments that have recently taken place in the Edge Data Center industry
l It details on the strategic initiatives undertaken by the market competitors for business expansion.
l It closely examines the micro- and macro-economic growth indicators, as well as the essential elements of the Edge Data Center market value chain.
l The repot further jots down the major growth prospects for the emerging market players in the leading regions of the market
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