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The global edge computing market size is projected to reach USD 3.24 billion by 2025NEW YORK, May 21, 2018 /PRNewswire/ -- Edge Computing Market Size, Share & Trends Analysis Report By Technology (Mobile Edge Computing, Fog Computing), By Vertical, By Organization Size, By Region, And Segment Forecasts, 2018 - 2025 Edge computing is used in various applications such as manufacturing, IT & telecommunications, healthcare.The healthcare & life sciences segment is estimated to witness the highest CAGR between 2017 and 2025, owing to storage capabilities and real-time computing offered by edge computing solutions, which enable the delivery of reliable healthcare services in lesser time. The decision-making process is improved as network failures and delays are avoided. Further key findings from the study suggest: • The healthcare & life sciences segment is estimated to cross USD 326 million by 2025. The growth of the segment can be attributed to provision of storage capabilities and real-time computing by edge computing solutions. • The SMEs segment is poised to witness the highest CAGR of 46.5% over the forecast period. Edge computing helps reduce operational costs of enterprises by processing and storing the data at the edge of the network. • Based on technology, the mobile edge computing segment dominated the market in 2016 and this trend is likely to continue over the forecast period. • North America will lead the market throughout the forecast period, owing to increasing penetration of IoT devices in countries such as the U.S. and Canada. • Prominent players in the edge computing market include Aricent, Inc.; Amazon Web Services, Inc. (AWS); Cisco Systems, Inc.; General Electric; Hewlett Packard Enterprise Development LP; Huawei Technologies Co.; Ltd.; International Business Machines (IBM); Intel Corporation; Microsoft; and SAP SE. Read the full report: https://www.reportlinker.com/p05399288 About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________ Contact Clare: [email protected] US: (339)-368-6001 Intl: +1 339-368-6001 View original content:http://www.prnewswire.com/news-releases/the-global-edge-computing-market-size-is-projected-to-reach-usd-3-24-billion-by-2025--300651996.html SOURCE Reportlinker |