Edge Data Center Market Size to Reach USD 31.951 Billion, With a CAGR of 17.30% by 2032 – Report by Market Research Future (MRFR)
Research Reports
Jun 23, 2023
Market Research Future Insights
According to MRFR analysis, the Edge Data Center Market is expected to register a CAGR of 17.30% from 2023 to 2032 and hold a value of over USD 31.951 billion by 2032.
The Edge Data Center market refers to the industry segment that deals with the establishment, operation, and management of data centers located at the edge of a network. These data centers are strategically positioned closer to the end-users, devices, or data sources they serve, typically at or near the network edge or within local proximity. They bring computing resources and storage capabilities closer to the edge devices, such as Internet of Things (IoT) devices, autonomous vehicles, mobile devices, and other edge computing devices.
The COVID-19 pandemic had significant impacts on the Edge Data Center market. The pandemic accelerated the adoption of remote work, e-commerce, and online services, leading to a surge in data generation and consumption. This increased demand for edge computing solutions to process and store data closer to the end-users, resulting in a growing need for Edge Data Centers.
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Key Players
Some of the key market players are:
- Dell Inc.
- Eaton
- EdgeConneX Inc.
- Endeavor Business Media, LLC.
- Fujitsu
- Hewlett Packard Enterprise Development LP
- Huawei Technologies Co., Ltd.
- IBM
- NVIDIA Corporation
- Schneider Electric
- Vertiv Group Corp.
Scope of the Report – Edge Data Center Market:
|
Report Metrics |
Details |
|
Market Size by 2032 |
USD 31.951 Billion |
|
CAGR during 2023-2032 |
17.30% |
|
Base Year |
2022 |
|
Forecast |
2023-2032 |
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Market Segmentation
The Edge Data Center Market has been segmented into service, size and application.
Based on the service, the market has been segmented into professional service, support service and maintenance service.
Based on the size, the market has been segmented into small enterprises and medium enterprises.
Based on the end use, the market has been segmented into IT and telecom, BFSI, healthcare and life sciences, manufacturing & automotive, government and gaming and entertainment.
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Regional Analysis
The largest region in the Edge Data Center market is North America. The region has been a frontrunner in adopting and deploying edge computing infrastructure, driving the growth of the Edge Data Center market.
North America has a mature IT industry, advanced network infrastructure, and a high concentration of technology companies, which has contributed to the region’s leadership in edge computing initiatives.
North America has a large population with high internet penetration, leading to a significant demand for low-latency, high-bandwidth applications. The need for real-time data processing, edge AI, and IoT deployments has fueled the demand for edge data centers in the region.
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