The worldwide edge computing market is projected to reach *** billion U.S. dollars by 2028. Edge computing is the delivering of storage, computing, and network capabilities to the local points of a network, through which less latency, reduced cost, better performance and higher security at the edge are obtained. Exponential growth of data and connected devices The world is witnessing an exponential growth in the amount of data that is being created, captured, copied, and consumed. In 2022, the volume of data worldwide amounted is projected to amount to ** zettabytes (ZB) and by 2025 this figure will reach *** ZB. The growing number of Internet of Things (IoT) connected devices is contributing to this data explosion: the number of IoT or connected devices is forecast to reach ** billion in 2033, a more than threefold increase from 2022. Edge computing and its ecosystem The ever-growing amount of data and connected devices push the need for greater storage, computing, and network capacities closer to the endpoints, giving rise to edge computing. The edge market is a whole ecosystem that includes cloud giants such as Amazon Web Services (AWS) and Microsoft, infrastructure providers such as Advanced Micro Devices (AMD) and Ericsson, as well as communication service providers like AT&T and Verizon.

The edge computing market size is projected to grow from USD 83.72 billion in the current year to USD 1,531 billion by 2035, representing a CAGR of 30.23%, during the forecast period till 2035.

The global edge computing market size surpassed USD 30.43 billion in 2025 and is projected to witness a CAGR of over 33.5%, crossing USD 547.16 billion revenue by 2035, driven by high usage of edge computing in the healthcare sector.

The global edge computing market size reached US$ 14.7 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 90.3 Billion by 2032, exhibiting a growth rate (CAGR) of 24.35% during 2024-2032. The increasing demand for low-latency computing, the rising utilization of advanced technologies, the growing use of data-intensive applications in numerous end-use industries, and the escalating concerns regarding security and compliance risks associated with storing sensitive data in centralized data centers are some of the factors propelling the market.

Report Attribute	Key Statistics
Base Year	2023
Forecast Years	2024-2032
Historical Years	2018-2023
Market Size in 2023	US$ 14.7 Billion
Market Forecast in 2032	US$ 90.3 Billion
Market Growth Rate 2024-2032	24.35%

IMARC Group provides an analysis of the key trends in each segment of the global edge computing market report, along with forecasts at the global, regional and country levels from 2024-2032. Our report has categorized the market based on component, organization size and vertical.

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Edge Computing Market Size 2025-2029

The edge computing market size is valued to increase USD 29.41 billion, at a CAGR of 37.4% from 2024 to 2029. Rising demand for decentralized computing to reduce latency in decision making will drive the edge computing market.

Major Market Trends & Insights

North America dominated the market and accounted for a 43% growth during the forecast period.
By End-user - Industrial manufacturing segment was valued at USD 1.19 billion in 2023
By Component - Hardware segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 1.00 million
Market Future Opportunities: USD 29408.70 million
CAGR from 2024 to 2029 : 37.4%

Market Summary

The market represents a dynamic and continually evolving landscape, driven by the increasing demand for decentralized computing to minimize latency in real-time decision making. Core technologies, such as fog computing and edge analytics, are gaining traction, enabling the deployment of Industry 4.0 infrastructure and the integration of IoT devices. However, competition from low-cost centralized computing infrastructure poses a significant challenge. According to recent reports, the market is expected to account for over 30% of the total IoT infrastructure spending by 2025. This trend underscores the growing importance of edge computing in addressing the demands of data-intensive applications and the need for faster, more efficient processing at the source.

What will be the Size of the Edge Computing Market during the forecast period?

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How is the Edge Computing Market Segmented ?

The edge computing industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments. End-userIndustrial manufacturingTelecomMobilityGovernmentOthersComponentHardwareSoftwareServicesEdge-managed platformsTypeSmall and medium-sized enterprises (SMEs)Large enterprisesOthersApplicationIoT applicationsRobotics and automationPredictive maintenanceRemote monitoringOthersGeographyNorth AmericaUSCanadaEuropeFranceGermanyItalyUKMiddle East and AfricaEgyptKSAOmanUAEAPACChinaIndiaJapanSouth AmericaArgentinaBrazilRest of World (ROW)

By End-user Insights

The industrial manufacturing segment is estimated to witness significant growth during the forecast period.

Edge computing is a dynamic and evolving market, gaining significant traction in various industries, particularly manufacturing and process environments. Industrial IoT devices, automation hardware, and connected sensors and actuators are integral to these sectors, necessitating the use of edge computing infrastructure for seamless operations. According to recent studies, the adoption of edge computing in industrial applications has seen a substantial increase of 21%, underlining its growing importance. Moreover, industry experts anticipate that this trend will continue, with future growth expectations reaching 27% in the coming years. Edge computing plays a pivotal role in the implementation of Industry 4.0 infrastructure and practices, driving the digitalization and automation of manufacturing and process industries. Strategic partnerships between end-users and technology providers are increasingly common, as companies look to integrate edge computing into their operations. Edge computing facilitates industrial machine learning (ML) and artificial intelligence (AI) networks, enabling automation through robotics. Distributed computing, security threat modeling, software-defined networking, application performance monitoring, and fault tolerance mechanisms are some of the key technologies shaping the edge computing landscape. Moreover, edge computing offers advantages such as low-latency applications, hardware acceleration, and scalability improvements. Thermal management, edge AI deployment, data encryption methods, 5G network slicing, network function virtualization, IoT device management, cloud-edge integration, network virtualization, edge data centers, microservices architecture, and data processing latency are essential aspects of edge computing infrastructure. Power consumption metrics, content delivery networks, resource management strategies, real-time analytics, cybersecurity protocols, remote data storage, and sensor data aggregation are other critical components of edge computing. With the ongoing advancements in these areas, the market is poised for continued growth and innovation.

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The Industrial manufacturing segment was valued at USD 1.19 billion in 2019 and showed a gradual increase during the forecast period.

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Regional Analysis

North America is estimated t

The Industrial Edge Computing Market is Segmented by Component (Hardware, Software, and Services), End-User (Manufacturing, Oil and Gas, and Mining), and Geography (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa). The Market Sizes and Forecasts are Provided in Terms of Value USD for all the Above Segments.

Edge computing market is estimated to reach USD 206 billion by 2032, Riding on a Strong 18.3 CAGR throughout the forecast period.

BCC Research Market Report says global market for edge computing technologies is estimated to increase from $46.3 bln in 2022 to reach $124.7 bln by 2027, at a CAGR of 21.9%.

Edge Computing Market generated a revenue of USD 5,700.2 Million in 2022 and and forecast to touch USD 53,826.5 million in 2030 and is expected to expand at a CAGR of 32.4% during forecast period (2023-2030), due to the growing adoption in various industries including manufacturing, IT, BFSI, and telecom.

The global edge computing market is projected to increase rapidly from a size of US$ 13.1 billion in 2024 to US$ 154.7 billion by the end of 2034, which amounts to expansion at a high-value CAGR of 28% over the next ten years.

Report Attributes	Details
Edge Computing Market Size (2024E)	US$ 13.1 Billion
Projected Market Value (2034F)	US$ 154.7 Billion
Global Market Growth Rate (2024 to 2034)	28% CAGR
China Market Value (2034F)	US$ 17 Billion
Canada Market Growth Rate (2024 to 2034)	28.6% CAGR
North America Market Share (2024E)	23.9%
East Asia Market Value (2034F)	US$ 35.7 Billion
Key Companies Profiled	Cisco Systems Inc. Microsoft Corporation Amazon Web Services (AWS) Inc. Moxa Inc. NVIDIA Corporation. Juniper Networks Axellio GE Digital

Country-wise Insights

Attribute	United States
Market Value (2024E)	US$ 1.4 Billion
Growth Rate (2024 to 2034)	28.5% CAGR
Projected Value (2034F)	US$ 17.1 Billion

Attribute	China
Market Value (2024E)	US$ 1.4 Billion
Growth Rate (2024 to 2034)	28% CAGR
Projected Value (2034F)	US$ 17 Billion

Category-wise Insights

Attribute	Hardware
Segment Value (2024E)	US$ 5.9 Billion
Growth Rate (2024 to 2034)	26.5% CAGR
Projected Value (2034F)	US$ 61.9 Billion

Attribute	Industrial
Segment Value (2024E)	US$ 3.4 Billion
Growth Rate (2024 to 2034)	26.4% CAGR
Projected Value (2034F)	US$ 35.6 Billion

Multi-Access Edge Computing Market Report is Segmented by Component (Hardware, Software, Services), Deployment Model (Public MEC, Private/On-prem MEC), Application (Smart Manufacturing and IIoT, Connected and Autonomous Vehicles, AR/VR and Metaverse, Smart Cities and Public Safety, and More), End-User Vertical (IT and Telecom, BFSI, Healthcare, and More), and by Geography. The Market Forecasts are Provided in Terms of Value (USD).

Edge Computing Market size was valued at USD 6.24 Billion in 2024 and is projected to reach USD 34.81 Billion by 2032, growing at a CAGR of 23.97% from 2026 to 2032.

Proliferation of Internet of Things (IoT) devices: The rapid proliferation of IoT devices is fueling the demand for edge computing, which processes data closer to its source. According to the International Data Corporation (IDC), the number of IoT devices worldwide is expected to reach 41.6 billion by 2025, creating 79.4 zettabytes of data.

Growing Demand for Low-latency Applications: Edge computing is gaining popularity as more applications require real-time data processing and low latency. According to Ciscos Annual Internet Report (2018-2023), the number of devices linked to IP networks will exceed three times the world population by 2023.

The global edge computing market was valued at 11.7 billion U.S. dollars in 2022. By 2028, the market is forecast to have a value of 45.4 billion U.S. dollars. According to the source the primary factor driving this growth is the adoption of Internet of Things(IoT).

global edge computing market size was valued at USD 7.43 billion in 2021 and is expected to grow at a CAGR of 38.8% during the forecast period.

Space-based edge computing market is estimated to reach $1,807.3 million in 2033, at a CAGR of 22.64% during the forecast period 2023-2033.

Edge Computing Market size was valued at USD 62.19 Billion in 2024 and is projected to reach USD 104 Billion by 2030. Along with a CAGR of 10.90%.

The Mobile Edge Computing (MEC) Market is Segmented by Component (Hardware, Software, and More), End-User (Financial and Banking Industry, Retail, Healthcare and Life Sciences, and More), and Geography. The Market Forecasts are Provided in Terms of Value (USD).

Edge Computing Market is segmented By Component (Hardware, Solutions, Platform and Services), Organization Size (Small and Medium Enterprises and Large Enterprises) and Application (Smart Cities, Data Caching, Analytics, Location Services, Environmental Monitoring, Optimized Local Content, Augmented Reality

Industrial Edge Computing Market Outlook

The global industrial edge computing market size is projected to grow from USD 5.5 billion in 2023 to USD 20.4 billion by 2032, exhibiting a Compound Annual Growth Rate (CAGR) of 15.6% during the forecast period. This remarkable growth is driven by factors such as the increasing demand for real-time data processing, advancements in AI and IoT technologies, and the rising need for efficient data management and analytics in industrial operations.

The industrial edge computing market is witnessing significant growth due to the rising implementation of IoT and AI technologies within various industrial sectors. As industries continue to adopt IoT devices and sensors, the amount of data generated is increasing exponentially. This surge in data requires efficient processing and analysis, which is where edge computing comes into play. By processing data closer to the source, edge computing reduces latency and bandwidth usage, leading to faster decision-making and improved operational efficiency. Furthermore, advancements in AI are enabling more sophisticated data analytics at the edge, further driving market growth.

Another key growth factor for the industrial edge computing market is the increasing investments and initiatives by governments and private organizations focused on digital transformation. Governments across the globe are recognizing the value of smart technologies and are investing heavily in industry 4.0 initiatives. These initiatives are aimed at enhancing industrial productivity, efficiency, and competitiveness through the adoption of advanced technologies like edge computing. Additionally, the growing trend of smart factories and the need for real-time monitoring and predictive maintenance are further propelling the demand for edge computing solutions in the industrial sector.

Moreover, the rising focus on cybersecurity and data privacy is also driving the adoption of edge computing in industries. With the increasing number of cyber threats and data breaches, industries are becoming more cautious about data security. Edge computing offers a solution by processing data locally, reducing the risk of data exposure during transmission. This decentralized approach to data processing ensures enhanced data security and privacy, making it an attractive option for industries dealing with sensitive information. Furthermore, regulatory requirements and compliance standards are also pushing industries to adopt edge computing solutions to ensure data integrity and security.

Regionally, North America is expected to dominate the industrial edge computing market during the forecast period, owing to the presence of prominent technology players and early adoption of advanced technologies. However, the Asia Pacific region is anticipated to witness the highest growth rate due to rapid industrialization, increasing adoption of IoT and AI, and supportive government initiatives. Europe is also projected to experience significant growth, driven by the region's strong focus on digital transformation and smart manufacturing.

Component Analysis

The industrial edge computing market is segmented into three primary components: hardware, software, and services. Each of these components plays a crucial role in the deployment and functionality of edge computing solutions, catering to the diverse needs of industrial applications. The hardware segment encompasses the physical devices and infrastructure required for edge computing, such as edge servers, gateways, and storage devices. These components are essential for processing and storing data locally, ensuring low latency and high efficiency in industrial operations. The demand for robust and scalable hardware solutions is increasing as industries seek to enhance their data processing capabilities at the edge.

Software is another critical component of the industrial edge computing market, encompassing various platforms, applications, and analytics tools designed to facilitate data processing and management at the edge. Edge computing software solutions enable real-time data analysis, predictive maintenance, and process optimization, providing industries with valuable insights to improve operational efficiency. The software segment is witnessing significant advancements, driven by the integration of AI and machine learning algorithms that enhance the capabilities of edge computing solutions. As industries continue to adopt smart technologies, the demand for sophisticated edge computing software is expected to grow substantially.

The services segment in

The Edge Computing in Healthcare Market Report is Segmented by Component (Hardware, Software/Platforms, Services), Application (Diagnostics & Monitoring, Telehealth & Remote Patient Monitoring, Robotic & AI-Assisted Surgery, and More), End User (Hospitals & Clinics, and More), and Geography (North America, Europe, Asia-Pacific, Middle East & Africa, South America). The Market Forecasts are Provided in Terms of Value (USD).