Edge Data Center Market Business Opportunities, Latest Innovations, Top Players and Forecast by 2030
Market
Scenario:
Market Research
Future (MRFR) predicts the global Edge Data Center
Market size
to reach USD 1,740 million at a CAGR of 13% from 2017 to 2023 (forecast
period).
The high level of
computation and network infrastructure necessary to run IoT software is an
emerging trend in the edge data center industry. Zellabox, a market leader in
the data center market, offers a variety of modular data center solutions that
are energy-efficient, flexible, robust, aesthetically pleasing, and scalable.
Huawei is positioned as a challenger player for data center networking
solutions due to its rapid expansion in market share and innovative hardware
and software solutions. Rittal, a global leader in the edge data center
industry, provides a wide range of solutions, enabling users through
pre-configured services for easy and quick deployment.
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By application,
the edge data center consists of edge computing. Edge computing allows for
real-time data analysis because the data is stored in a local device rather
than at a remote location or in the cloud. It also provides other advantages
such as lower operational costs, less network traffic, and increased
application performance.
According to the
analysis, the edge data center industry is being driven by booming digital
demand, rising complexities in IT infrastructure, increased data traffic, and
rising complexities within data centers. The edge data center market is divided
into two categories: service type and vertical. The data center service market
is classified into support services, consulting services, training services,
financial services, application services, and outsourcing services.
Competitive
Outlook:
The prominent
players in the edge data center market are – Rittal (Germany), Cisco Systems,
Inc. (U.S.), Elliptical Mobile Solutions (U.S.), Huawei Technologies Co. Ltd.
(China), Panduit Corp (U.S.), Anixter International (U.S.), Wave-2-Wave
Solution Corporation (U.S.), Zellabox (Australia), Dell Inc. (U.S.), Silicon
Graphics, Inc. (U.S.) among others.
Regional
Analysis:
The global edge
data center industry has been segmented into North America, Europe, Asia
Pacific, and the rest of the world.
Because of the
presence of large firms in the region, North America is a prominent player in
the edge data center market. One of the main reasons for the growth of the edge
data center market is that they are very efficient and are about to replace
server rooms of SMEs in the region. The study also reveals that the Asia
Pacific region has the potential to grow significantly in the edge data center
market over the forecast period.
COVID-19
Impact on the Global Edge Data Center Market
COVID-19 is an
ongoing global public health emergency that has affected almost every industry,
with long-term effects expected to affect industry growth over the projected
period.
Segmentation:
The global edge
data center industry has been segmented into components, service, organization
size and vertical.
By components,
the global edge data center industry has been segmented into Hardware,
Software, Service.
By service, the
global edge data center market has been segmented into professional service,
support and maintenance service.
Based on
organization size, the global edge data center industry has been segmented into
small & medium enterprises and large enterprises.
By vertical, the
global edge data center market has been segmented into Banking, IT &
telecommunications.
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Industry
News
The global edge
data center market is anticipated to reach USD 1,740 million at a CAGR of 13%
from 2017 to 2023 (forecast period). The edge data center market is being
driven by rising complexity in IT infrastructure, increasing data traffic, and
rising complexities within data centers. Moreover, the developing trend in the
edge data center industry is focused on the high level of computation and
network infrastructure required to run IoT software. These are also helping to
strengthen the market.
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Articles:
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