Edge Computing Market Size is expected to reach USD 28.84 billion by 2025 “Edge Computing Market Size, Share & Trends Analysis Report By Component (Services, Hardware, Software, Edge-Managed Platforms), By End Use (Transportation & Logistics, Retail, Datacenters, Wearables), And Segment Forecasts, 2019 - 2025.” The global edge computing market size is expected to reach USD 28.84 billion by 2025 registering a CAGR of 54.0%. Growing need to process large volumes of data being generated from the rise in Internet-of-Things (IoT) developments closer to the end user is expected to increase the demand for these solutions over the forecast period. Increasing emphasis on cost reduction and process automation coupled with intensified business competition is also expected to drive the market in the coming years. Organizations are endorsing this technology to enhance operations and gain real-time insights. Thus, the continued transition toward the adoption of edge computing is expected to influence the IT strategies of key companies over the forecast period. Continued adoption of this technology for the data center application is also expected to propel the market growth. Its adoption is also expected to culminate in having micro data centers located closer to the existing infrastructure, which would help address the latency issues. Request A Sample Copy Of This Report at: https://www.radiantinsights.com/research/edge-computing-market/request-sample Follow Us: Data Center Management-as-a-Service (DMaaS) is emerging as a low-cost way for data center management as it ensures effective use of the IT layer by monitoring data center’s infrastructure from the edge. DMaaS can also be utilized as a cost-efficient and flexible solution for companies willing to gain real-time insights. Stringent requirements of 5G standards, such as high reliability, ultra-low latency, and consistency in user experience, is expected to trigger the need for localized services based on Radio Access Networks (RAN). As such, Mobile Edge Computing (MEC) is emerging as a promising computing architecture for telecom operators, IT platform providers, and system integrators. MEC adds virtualization and computing capabilities to a RAN. Prominent companies in the market include Microsoft Corp.; International Business Machines (IBM) Corp.; Cisco Systems, Inc.; Intel Corp.; and Amazon Web Services, Inc. These companies are actively developing innovative and unique solutions. For instance, Microsoft’s Azure IoT edge delivers cloud intelligence through the implementation of Azure services and Artificial Intelligence (AI) directly on cross-platform IoT devices. Similarly, IBM Corp. offers Watson IoT Platform Edge, which enables the end users to extend Watson IoT platform capabilities to edge devices. Browse Full Research Report at: https://www.radiantinsights.com/research/edgecomputing-market Further key findings from the study suggest:  High-performance applications in edge network are expected to propel growth of software component segment over forecast period  Data centers end-use segment is expected to witness fastest CAGR over forecast period owing to rising need for reducing data center downtime  APAC is projected witness highest CAGR of more than 60% by 2019-2025. Growing need for digital transformation to streamline and automate operations is expected to drive regional market  Intel Corp; Aricent, Inc; Amazon Web Service (AWS), Inc; and Cisco Systems, Inc. are some of prominent companies in global edge computing market  These companies are collaborating with technology providers to deploy edge solutions on a broader scale for high-performance applications  Original Equipment Manufacturers (OEMs) are using this technology in their automation and predictive maintenance solutions and transforming their service model to enhance customer Follow Us: experience See More Reports of This Category by Radiant Insights at: https://www.radiantinsights.com/catalog/technology-and-media About Radiant Insights,Inc: Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions. Contact Details: Michelle Thoras Corporate Sales Specialist, USA Radiant Insights, Inc 28 2nd Street, Suite 3036, San Francisco, CA 94105, United States Phone: 1-415-349-0054 Toll Free: 1-888-202-9519 Email: [email protected] Web: http://www.radiantinsights.com/ Visit Our Blog: http://industryinsightreport.blogspot.com Follow Us: