Overview:

Data centers located to their target population are called as edge data centers. Edge data centers are then connected to larger data centers for efficient operation and faster delivery process. Edge data centers find applications majorly in IT & telecom, healthcare, BFSI and utilities.

Market Dynamics:

Rising adoption of cloud computing by various industries is a key factor fueling growth of the target market. In addition, rising deployment of 5G infrastructure and adoption of IoT based devices are other factors further supporting growth of the target market. Increasing investment in smart city projects is another factor fueling the growth of the market. Moreover, such investment in developing countries is expected to further drive the growth of the target market during the forecast period.

Key Trends:

Growing focus on strategic partnerships among major players is a key trend observed in the market. For Instance, Amazon and Vodafone are partnering to deploy edge solutions in the UK and Germany.

Regional Analysis:

For detailed understanding of market, the global market is analyzed across key regions viz. North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in North America is accounted for highest share in terms of revenue in the edge data center market. Presence of major IT & services companies with their headquarters along with rising adoption of big data analytics are key factors attributing for the dominance of the region. The market in Asia Pacific is expected to witness highest growth rate in terms of revenue during the forecast period, owing to rising adoption of cloud services and IoT devices coupled with increasing investment in data centers.

Scope of the Report:

Detailed Segmentation:

Global Edge Data Center Market, By Component:

• Solution
• Services

Global Edge Data Center Market, By Application:

• BFSI
• Colocation
• Energy
• Government
• Healthcare
• Manufacturing
• IT & telecom
• Others

Key Players Covered:

Key players operating in the market includes, IBM Corporation, Amazon Web Services, Hewlett-Packard Enterprise Company 365 Operating Company LLC, EdgeConneX, Inc., Hitachi Vantara, Flexential Corporation, Fujitsu Ltd., Huawei Technologies Co., Ltd., and Schneider Electric SA.

Key features of the study:

Foresight Market Research provides detailed analysis on global market in our report- Global Edge Data Center Market by component, application, and region. The report provides market size (US$ Mn) and compounded annual growth rate (%) for the forecast period: 2019 – 2029, considering 2018 as the actual year. The report also contains in-depth analysis about market drivers, restraints, opportunities, new product launches, product approval, ongoing trends, and regional outlook. The report delivers competitive analysis about leading players in the global edge data center market based on various parameters such as company overview, product portfolio, regional presence, financial performance, distribution strategies, key developments, marketing strategies, and future plans. The analysis from the report would acquaint the marketers and management authorities of companies to make the appropriate decision with respect to their future product launch, ongoing trends, market expansion, and marketing tactics used overall the globe.