Global Edge Computing Market: Industry Analysis and Forecast 2027

Mayurikathade15 Nov, 2021Business

Edge Computing Market Size in 2020 was worth US $ 4.68 Bn. at a CAGR of 38.2 % and it is expected to reach US $ 45.06 Bn. in 2027. Global Edge Computing Market Overview: The global edge computing market was valued at US$ 4.68 Bn. in 2020. Edge computing adds a layer of complexity to the organization by requiring a diverse set of stakeholders to handle IT infrastructure, connectivity, application development, traffic delivery, and service management. Edge also brings together hardware, software, and networking architecture to support a wide range of use cases across a variety of industries. An edge is projected to generate significant growth potential for new entrants in the near future, as the technology is still in its early stages of research and deployment and operational models have yet to solidify