"Smart Strategies, Giving Speed to your Growth Trajectory"

Edge Computing market size, share & industry analysis, By Component (Hardware, Software, Services), By Enterprise Size (SMEs, Large Enterprise), By Vertical (BFSI, Transportation, Healthcare, Manufacturing, Semiconductor, Government, IT & Telecommunication, Retail, Others) and regional forecast 2022-2029

Region : Global | Report ID: FBI103760 | Status : Ongoing



Edge computing is a part of a distributed computing topology that is focused on bringing computing and data processing as close to the source of data. It is a revolutionary method to optimize cloud computing systems. The edge computing has various applications in industries such as BFSI, manufacturing, IT & telecom, among others.

The rising Internet of Things (IoT) penetration, growing smart city projects, and the advent of technological advancement are expected to boost the demand for edge computing solutions. Key players in this market are focusing on new product launches to improve customer experience. For instance, in June 2020, Amazon Web Services (AWS), Inc. launched its edge computing and data transfer device – “Snowcone”. It is a small, ultra-portable, rugged, and secure device designed to speed up the data processing time. However, the high deployment cost and security and privacy concerns are anticipated to hinder the market growth.

The COVID-19 is expected to have a positive impact on this market. Workforces across organizations are embracing digital methods owing to the COVID-19 pandemic. This has boosted the demand for edge computing capabilities by organizations. For instance, in June 2020, Infosys Limited launched a cloud and edge-based solutions – “Return to Workplace”. This solution offers a safe workstation to their employees amid the COVID-19 pandemic. The inclination towards the digital transformation among organizations provides exponential growth opportunities for the market players.

Key Market Driver -

• Growing adoption of IoT across industry verticals • Increase in number of smart and intelligent applications is driving the market growth

Key Market Restraint -

• Information security and privacy concerns associated with edge computing proving to be inhibiting factor for market growth


In edge computing market, various service providers are focused on offering enhanced and advanced edge computing solutions to gain a competitive edge. Key players are also focused on R&D investments in edge computing to cater to the rising demand from the consumers. Also, the rising preference of customers towards Wi-Fi, GPRS, and 5G enabled edge computing solutions is expected to present growth opportunities for new market entrants. Also, the rising demand for connected devices such as laptop, PCs, smartphone, and tablet across the world is expected to drive the market.

Some of the key players in this market are Amazon Web Services (AWS), Inc., Telefonaktiebolaget LM Ericsson, Cisco Systems, Inc., General Electric Company, Intel Corporation, Huawei Technologies Co. Ltd., Microsoft Corporation, IBM Corporation, Oracle Corporation, Dell Technologies, and others.


North America is expected to dominate the market in terms of revenue share during the forecast period. The rising adoption of connected devices such as smartphones, tablets, iPad, and others have generated a high demand for edge computing solutions. Key players in this region are focused on launching edge computing solutions to gain a competitive edge in the market. For instance, in May 2020, IBM Corporation and Red Hat, Inc. launched its new edge computing solutions for various enterprises in the 5G era. The solution includes IBM Edge Application Manager, IBM Telco Network Cloud Manager, and others in a bid to help organizations to increase their transition to edge computing.

Asia Pacific is expected to exhibit healthy growth in the market, owing to the presence of key market players such as ADLINK Technology Inc., Huawei Technologies Co., Ltd., Samsung, and others. These key market players are focused on a new product development strategy to enhance the product portfolio. For instance, in March 2017, Huawei Technologies Co., Ltd. launched the edge computing IoT (EC-IoT) solution to enable industry digital transformation and enhance the customer experience. Also, the advent of 5G technology in the region is expected to boost market growth.

To gain extensive insights into the market, Request for Customization




By Component

  • Hardware

  • Software

    • Cloud

    • On-premise

  • Services

    • Professional Services

    • Managed Services

By Enterprise Size

  • SMEs

  • Large Enterprise

By Vertical

  • BFSI

  • Transportation

  • Healthcare

  • Manufacturing

  • Semiconductor

  • Government

  • IT & Telecommunication

  • Retail

  • Others (Energy & Utilities, Education, Hospitality, etc.)

By Geography

  • North America (U.S. and Canada)

  • Europe (UK, Germany, France, Scandinavia and Rest of Europe)

  • Asia Pacific (Japan, China, India, Southeast Asia and Rest of Asia Pacific)

  • Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)

  • Latin America (Brazil, Mexico and Rest of Latin America)

Key Industry Developments

  • September 2019 – Premio Inc. launched a new range of its edge computing solutions that is built for rugged and harsh environments. The solution includes Rugged Edge Computers (RCO-3400), IP65/67 Waterproof Computers (WCO-3400), and Machine Vision Computers (VCO-3400).

  • May 2019 – NVIDIA Corporation launched an edge computing platform – “NVIDIA EGX” to offer real-time artificial intelligence (AI) capabilities to various industries including healthcare, telecom, manufacturing, transportation, and retail, among others. NVIDIA EGX is designed to meet the rising demand to perform instantaneously and high-throughput AI where data is created. 

  • Ongoing
  • 2021
  • 2018-2020


  • $4850

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Information & Technology Clients


Client Testimonials

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.