Edge Computing (EC) Market by Applications, Classifications, Analysis, Growth, Consumption, Performance Report 2017-2023
January 19, 2018 at 00:16 AM EST
Edge Computing Market Research Report by Forecast to 2023
Pune, India -- (SBWIRE) -- 01/18/2018 -- Market Scenario:
One of the major driving factor of Edge Computing Market is proliferation of IOT. Internet of things (IoT) is a technology evolution which has changed every aspect of a human life. The IoT devices such as smartphone, smart watch, digital wearable, virtual technology such as augmented reality/virtual reality among others has changed person's routine life and increased his routine task frequency. Further, technology evolution in IT has transformed the enterprise work performance and has bring more flexibility and speed in completing daily task by introducing cloud computing. Ubiquitous network, connected devices, process optimization, sensor driven decision analytics and marketing automation are some of the benefits of IoT for enterprises. With these benefits, IoT has been adopted by various industries such as healthcare, home, entertainment, and transportation. With massive adoption of public cloud by industries, the load on cloud has significantly increased which thereby reducing the cloud functionality and response speed. In this post-cloud era, with increasing IoT applications, it is being estimated that more than 50 billion things would be connected to internet by 2020.
The global Edge Computing market is expected to grow at USD 19.4 billion by the end of year 2023 with 17.9% CAGR during forecast period 2017-2023.
Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/3239
Major Key Players
Global Edge Computing Market Structure
Europe has successfully counted on second position in edge computing market globally by occupying more than 25% of market share in 2016. Asia-Pacific among all region is considered to be the fastest growing region in edge computing market due to evolution of cloud computing and big data analytics architecture which thereby fuelling the market growth of edge computing.
Browse Full Report Details @ https://www.marketresearchfuture.com/reports/edge-computing-market-3239
Table of Contents
About Market Research Future
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
For more information on this press release visit: http://www.sbwire.com/press-releases/edge-computing-ec-market-by-applications-classifications-analysis-growth-consumption-performance-report-2017-2023-918410.htmMedia Relations Contact