According to a market report by Lucintel, the future of the global edge data center market looks promising with opportunities in the IT and telecom, BFSI, healthcare and lifesciences, manufacturing & automotive, government, gaming and entertainment, and retail and e-commerce markets. The global edge data center market is expected to reach an estimated $42.53 billion by 2030 with a CAGR of 22.8% from 2024 to 2030. The major drivers for this market are growth as more sectors use cutting-edge technologies like 5G, big data, cloud, streaming services, artificial intelligence, and the Internet of Things (IoT) and need for lower network traffic, real-time data analysis, minimal operational costs, enhanced application performance, and corporate agility.
A more than 150-page report to understand trends, opportunity and forecast in edge data center market to 2031 by component (solution and service), facility size (small and medium facility and large facility), end use (it and telecom, BFSI, healthcare and lifesciences, manufacturing & automotive, government, gaming and entertainment, retail and e-commerce, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)
Lucintel forecasts that solution will remain the largest segment over the forecast period due to rising data center workloads.
Within this market, IT & telecom will remain the largest segment due to meeting the requirements for extensive data processing and minimal latency.
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North America will remain the largest region over the forecast period due to widespread embrace of edge data center solutions and services.
ATC IP, Cisco Systems, Dell, Eaton, EdgeConneX, Endeavor Business Media, Fujitsu, Hewlett Packard Enterprise Development, Huawei Technologies, IBM are the major suppliers in the edge data center market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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