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.

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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 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.

The Industrial Edge Computing Market Report is Segmented by Component (Hardware, Software and Platform, and Services), End-User Industry (Manufacturing, Oil and Gas, and More), Application (Predictive Maintenance, Quality Inspection and Machine Vision, and More), Deployment Model (On-Premises Edge Appliances, Integrated Edge On Network Equipment, and More), and Geography. The Market Forecasts are Provided in Terms of Value (USD).

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.

In 2019, the intelligent industrial edge computing market size amounted to ***** billion U.S. dollars. According to the source, the market will continue to grow with a compound annual growth rate (CAGR) of ** percent until 2025. By then, the source forecasts that the market size will have reached ***** billion U.S. dollars.

The global edge computing market is expected to see massive growth in the coming years with forecasts predicting an increase in market size from * billion U.S. dollars in 2020 to ** billion U.S. dollars by 2028. Edge computing refers to bringing computation closer to the location it is needed. Examples of edge computing include IoT, autonomous vehicles, or routers.

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.Rising Demand for Low Latency Data Processing: The rising demand for low latency data processing is arguably the most critical driver of the edge computing market. Latency, the delay in data transmission, is a major obstacle for a new generation of real time applications where every millisecond counts. Industries such as autonomous vehicles , where split second decisions are a matter of safety, and industrial automation, where machines must react instantly to changing conditions, cannot afford to send data to a distant cloud for processing. Edge computing solves this by enabling on site data analysis, dramatically reducing latency and allowing for real time actions.

Vietnam edge computing market size reached USD 90.5 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 602.6 Million by 2033, exhibiting a growth rate (CAGR) of 20.60% during 2025-2033. The growing demand for localized data processing and analytics at the edge, rising generation and consumption of data, largely attributed to video streaming, augmented reality (AR), and virtual reality (VR) applications, and increasing adoption of 5G technology represent some of the key factors driving the market.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
Market Size in 2024	USD 90.5 Million
Market Forecast in 2033	USD 602.6 Million
Market Growth Rate 2025-2033	20.60%

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2025-2033. Our report has categorized the market based on component, organization size, and vertical.

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 edge computing market in Japan, which encompasses devices, core software, and cloud services, was valued at **** billion Japanese yen in fiscal year 2021. The market was projected to increase strongly in the coming years and to reach a value of *** billion yen by fiscal year 2027.

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).

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

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).

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%.

Global Edge Computing Market size was valued at USD 16.3 Billion in 2023 and is poised to grow from USD 22.1 Billion in 2024 to USD 211.3 Billion by 2032, growing at a CAGR of 32.2% during the forecast period (2025-2032).

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).

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.