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Edge Computing Market Share

Report ID: GMI5275
Published Date: Jun 2024
Report Format: PDF

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Edge Computing Market Share

Amazon and HPE hold a significant market share of more than 18% in the edge computing industry. Amazon and Hewlett Packard Enterprise (HPE) lead the edge computing industry by leveraging their extensive cloud and infrastructure capabilities to offer advanced edge solutions. Amazon Web Services (AWS) provides a comprehensive suite of edge services, including AWS Outposts and AWS Wavelength, which integrate seamlessly with its cloud platform to deliver low-latency, high-performance computing closer to end users.

HPE's Edgeline Converged Edge Systems and Aruba Edge Services Platform empower enterprises to deploy and manage edge computing resources efficiently, driving innovations in sectors such as industrial IoT, telecommunications, and smart cities. Other top companies in the edge computing market, such as IBM and Cisco, focus on integrating edge solutions with their existing cloud and networking platforms to provide comprehensive, end-to-end services.

IBM leverages its hybrid cloud and AI capabilities to deliver robust edge computing solutions tailored for industries, such as telecommunications and manufacturing, while Cisco emphasizes secure and scalable edge infrastructure to support IoT and enterprise applications. These strategies enable them to meet the diverse needs of their clients, driving adoption and innovations in the edge computing space.

Edge Computing Market Companies

Major players operating in the edge computing industry are:

Amazon
Cisco Systems, Inc.
Dell Technologies Inc.
Google Inc.
HPE
Huawei Technologies Co., Ltd.
IBM Corporation
Intel Corporation
Microsoft Corporation
Oracle Corporation

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of edge computing reached USD 13.4 billion in 2023 and will witness 28% CAGR between 2024 and 2032, due to the increasing need for real-time data processing and analysis in various industries such as manufacturing, healthcare, and retail.

The hardware segment will record USD 50 billion by 2032, driven by the growing demand for robust and efficient edge devices, such as gateways, sensors, and edge servers.

North America market registered 34% share in 2023, attributed to the region's robust IT and telecommunications sector, advanced technological infrastructure and early adoption of IoT and AI technologies.

Prominent players operating in the industry are Amazon, Cisco Systems, Inc., Dell Technologies Inc., Microsoft Corporation, Oracle Corporation, Google Inc., HPE, Huawei Technologies Co., Ltd., IBM Corporation, and Intel Corporation, among others.