Edge Computing Technologies Market will Likely Witness Growth Steered by Rapid Advancements in IoT

Published on : Jul 12, 2018

Albany, New York, July 12, 2018: Enterprises across industries are fast adopting edge computing technologies to procure real-time data with minimal investment, contributing notably towards the growth of edge computing technologies market. In its recent report titled, 'Global Markets and Technologies for Edge Computing Through 2023' Market Research Hub (MRH) analyzes the impact of ongoing developments on the growth of edge computing technologies market. 

Mobile Edge Computing Emerges as the Dominant Trend

To curb dormancy associated with massive data transfer and processing enabled by cloud model, adoption of edge computing technologies for local data processing has gained momentum. Service providers are investing significantly in developing new technologies that can materialize mobile edge computing, besides assuring secure data transfer without surcharge.

In a recent development, industry veteran, Hewlett Packard has confirmed about its investment in edge computing. The company will invest $4 billion on adequate research and development endeavors to augment technological novelties such as automation, machine learning, and AI, besides dedicated initiatives for bolstering advancements in edge computing. This investment is expected to position HP as a forerunner in edge computing technologies market. 

Further, to spearhead new developments in edge computing technologies market, leading database company, HarperDB has announced the launch of its refurbished data processing solution, HarperDB. With new and improved features, HarperDB is aimed at enabling bulk data analysis of real-time data on edge devices. This will particularly benefit enterprises who work on extensive IoT projects.

Exhaustive research components compiled in the report present a detailed summary of market segments. This section of the report identifies technology, end-use and applications as prevailing segments in edge computing technologies market. Based on technology, edge computing technologies market is segregated as edge computing, hardware, software, and services. On the basis of end-use the market is split as cloud providers and enterprises. Based on applications, edge computing technologies market is categorized as telecommunications, transportation, energy, financial services, government, industrial, retail, and others. Detailed summary of market segmentation compiled in the report allows readers to identify the segment associated with maximized revenue generation. Also readers can gain vital insights about the impact of segments on the holistic growth of edge computing technologies market.

Besides segmentation, the report also offers a comprehensive overview of regional distribution of edge computing technologies market. Based on regions, the market is fragmented as Europe, North America, Latin America, Asia-Pacific, Middle East and Africa, and Rest of the world. Elaborate summary of regional segmentation enlightens readers about various business policies applied by core companies in various regions of edge computing technologies market as well as informs readers about the impact of these strategies on end-user response.

Competition Landscape: Edge Computing Technologies Market 

Veritable research components encompassed in the report brief readers about the impact of business policies employed by core companies. Readers can gain cues about the implications of these strategies on end-user preferences and purchase behavior. New entrants as well as existing market players in edge computing technologies market can facilitate in-depth analysis of these strategies to gain clear understanding and perspectives. On the basis of these perspectives market players can devise profit oriented investment policies. Leading players identified in edge computing technologies market are Arista Networks, BMC Software, Cisco, Datacore Software, Equinix, and Hewlett-Packard Enterprise (Hpe) amongst others.      


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