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Fog Computing Market Share

Report ID: GMI2295
Published Date: Dec 2017
Report Format: PDF

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Fog Computing Market Share

Companies present in the market are adopting strategies such as new product developments and strategic partnerships to strengthen their solutions’ capabilities. For instance, in July 2016, Yokogawa Electric Corporation invested in FogHorn Systems to accelerate the development of fog computing technology to further expand its solutions portfolio. In November 2017, NEC Laboratories Europe developed a cloud computing framework, FogFlow for edge based IoT services. The framework helped to extend the capabilities of FIWARE context information management to support AI-enabled information processing for IoT devices.

Some of the major companies of the fog computing market are:

ADLINK
Cisco
Nebbiolo
IBM
Intel
Microsoft
Dell
Foghorn
ARM
AT&T
Cradlepoint
GE Digital
VIMOC
AppFog.

Authors: Preeti Wadhwani, Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of fog computing was surpassed USD 9 million in 2016.

The industry share of fog computing is expected to witness a massive growth of around 65% to 2024.

The fog computing models potentially integrate cloud resources near to the edge device, cutting down the time required to transfer data and overcome latency issues, and allowing it to gain widespread prominence globally.

Fog as a Product deployment model will register considerable demand in the near future attributing to robust functionality and exceptional data security it provides.

MEA market is observing considerable demand due to penetration of IoT platforms along with the adoption of cloud computing amongst various companies.

Fog computing manufacturers are implementing umpteen strategies and tactics such as acquisitions, collaborations, and mergers, and product launches to bolster their geographical presence.