Edge Data Center Market 2019 Global Trends, Growth Factor, Key Vendors Study, Import & Export, Revenue by Forecast to 2023
Jul 16, 2019
Global Edge Data Center Market, By Components (Hardware), By Service (Support and Maintenance Service) and is expected to grow at approximately USD 1,740 Million by 2023, at 13% of CAGR between 2017 and 2023
Pune, India - July 16, 2019 /MarketersMedia/ —
Edge Data Center Market Highlights:
Edge Data Center platforms address the needs of the growing IT sector by quickly developing an IT environment that can be used flexibly. Digital transformations across the world indicate that the manufacturing industry would never be the same again. The proliferation of smart connected devices, IoT devices, sensors, actuators, equipment, and robots has been enabling industry 4.0 and mobile data to offer new possibilities to communicate with the central production control system and also with each other.
In such scenarios, large volumes of data of production processes and the production infrastructure are being generated that need to be made available and processed quickly. The edge data center platforms address these high demanding situations. Using a high level of computing and network infrastructure for operating IoT software is an emerging trend in the edge data center industry.
Over the last couple of years, the edge data center market is gaining considerable prominence. Due to the growing number of businesses, the need to reduce latency and speed delivery of services and data is increasing hugely. Moreover, the penetration of cloud applications, the Internet of Things (IoT) escalates the market globally.
Acknowledging the exponential growth of the market, Market Research Future (MRFR) asserts that the value of the global edge data center market would reach approximately USD 1,740 MN by 2023. MRFR also confirms that the market would register a CAGR of 13% throughout the forecast period (2017 and 2023).
Various offerings of the Edge Data Center Market, including the value beyond hub data centers in retail locations, server closets, and more, alongside, the rising edge deployments drive the growth of the market. Also, increasing the availability of plug-n-play assemblies in various output classes that can be combined in no time at all, positively impact the growth of the market. Such ready-to-use solutions help companies to get a data center activated far faster with optimum operating efficiency.
Furthermore, increasing deployments of edge data centers in industries ranging from smart retail to smart healthcare push the growth in the market. Rising number of smart city projects and the expansion of 5G mobile networks wherein, edge data centers can carry out data processing directly at the mobile base station drive the growth of the market.
Request a Free Sample @ https://www.marketresearchfuture.com/sample_request/4180
Major Key Players:
Players leading the edge data center market include Cisco Systems, Inc. (US), Rittal (Germany),Elliptical Mobile Solutions (US), Panduit Corp (US), Huawei Technologies Co. Ltd. (China), Anixter International (US), Zellabox (Australia), Wave-2-Wave Solution Corporation (US), Dell Inc. (US), and Silicon Graphics, Inc. (US), among others.
Edge Data Center Market Segments:
The report segments the market into four key dynamics to widen the scope of understanding,
• By Components: Hardware, Software, and Services (Professional Service, Support, Maintenance Service, and others)
• By Organization Size: Small & Medium Enterprises (SMEs), and Large Enterprises
• By Vertica: IT & Telecommunication, Healthcare, and BFSI, among others.
• By Region: Asia Pacific, North America, Europe, and the Rest-of-the-World.
Edge Data Center Market Geographical Analysis:
North America is the leader in the global edge data center market. The presence of major technology providers alongside, the well-established infrastructure that enables rapid implementation of advanced technologies positively impacts the regional market. Moreover, factors such as increasing investments in edge computing and data centers, rapid advances in technologies, and increasing popularity of cloud platform foster the regional market growth.
The edge data center market in Europe takes the second lead in the global space, heading with the high adoption of cloud technology and IoT. Germany, backed by the increasing demand for IoT leads the regional market, creating a large revenue pocket. Furthermore, augmenting demand for edge data centers to ensure continuous delivery of operations and management services positively impacts the growth of the market in the region.
The Asia Pacific edge data center is rapidly emerging as a promising market, globally. Augmenting demand for the highly efficient, edge data centers to replace server rooms of increasing number of SMEs in the region fosters the growth of the market in the region.
The edge data center market is brisk, especially in rapidly developing countries such as China, Japan, and India due to the increasing numbers of enterprises in these regions. APAC countries have been increasingly attracting several multinational companies over the last couple of decades, which indicates that the region has a wide scope to grow significantly in the edge data center market during the forecast period.
Edge Data Center Market Competitive Analysis:
Highly competitive, the edge data center market appears to be fragmented due to the presence of numerous large and small vendors. Matured technology providers increasingly focus on maximizing their market share while small players find it challenging to compete with them.
Increasing products & services, technological innovations, & M&A activities are intensifying the competitive environment of the market. Many brands have outlined plans to widen the penetration by including various types of technologies to their product portfolio.
Browse Full Report Details @ https://www.marketresearchfuture.com/reports/edge-data-center-market-4180
Innovation/ Industry/Related News:
July 12, 2019 ---- RF Code (the US), a leading global provider of critical asset tracking and protection solutions for data centers, announced its newest product - RF Code. RF Code’s edge data center is a complete solution for edge data centers, featuring real-time visibility and analytics for these vital facilities. Its new offering addresses the needs of the growing edge data center market.
June 24, 2019 --- Rittal (Germany), a leading global developer of Edge data center, announced a global strategic collaboration with Atos and Siemens to develop intelligent edge data center solutions for smart industries, smart retail, smart cities, energy & utilities, and public sectors. Rittal’s Edge data centers allow small and medium businesses to configure complete, turnkey “private cloud” solutions very easily.
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Contact Info:
Name: Abhishek Sawant
Email: Send Email
Organization: Market Research Future
Address: Market Research Future Office No. 524/528,, Amanora Chambers Magarpatta Road, Hadapsar Pune - 411028
Phone: +1 646 845 9312
Website: https://www.marketresearchfuture.com/reports/edge-data-center-market-4180
Source: MarketersMedia
Release ID: 88896941
More News
EU tariffs aimed at China hitting Ukraine, steel boss says
The boss of one of Ukraine's biggest steel companies says the country has been "bundled together" in measures aimed at curbing cheap imports.
Don't fall for this - how to protect yourself from AI scams
Trading standards officers say AI is "super-charging" existing scams through clones and fake websites.
Home sellers cut asking prices on 3,000 properties a day
More property asking prices are being cut than at any time in 15 years, data shared with the BBC shows.
Trump Offers Putin Economic Relief in Hopes That Russia Will Return the Favor
The Trump administration is ignoring the will of Congress and waiving new Russia sanctions amid fears that high energy prices will cost Republicans in next month’s elections.
What Is Starshield, SpaceX’s Military-Grade Satellite Internet Service Ukraine Relies On?
For years, Ukraine’s armed forces have relied on satellite communication services developed by Elon Musk’s SpaceX. Recent restrictions have hampered its war effort.
Microsoft pulls out of UK's largest AI data centre
Tech firm Nscale says it is still committed to building the site in Essex.
Ulanqab steps up building green computing hub
Ulanqab steps up building green computing hub
Oklahoma Families Faced the Hottest Summer Ever and an Electricity Crisis
Record heat and a rising demand for electricity are closing in on Oklahoma families trying to keep the lights on and the AC running.
Global AI governance initiative charts a fairer way to share AI value
Today, AI value is concentrated in a few closed-source giants, and platform companies collect high rents by controlling ecosystem gateways. The Chinese approach instead supports a thriving open source ecosystem.
Gleaning group gives £1m of produce to food banks
Gleaning Cornwall warns that more funding is needed as costs rise sharply.
PBOC: Need reforms, not exchange rates, to address global imbalances
Discussions over the renminbi's exchange rate has intensified as global economic imbalances widen. An International Monetary Fund policy paper published in April said imbalances had widened again after more than a decade of decline. Against this backdrop, the People's Bank of China, China's central bank, issued a detailed statement on October 8 setting out its position on the RMB exchange rate.
China's property recovery gains traction as new policies take effect
China has rolled out a raft of new property policies over the past two months covering the home-sales system, mortgage interest subsidies, and housing provident fund rules, aiming to reduce the sector's high leverage and unlock housing demand.
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.