Global Edge Computing in Manufacturing Market Insights and Forecast to 2028

Edge computing refers to the allocation of computing workloads to the “edges” of a network–to devices and resources closer to network endpoints than a centralized data center or cloud. In manufacturing industry, advances in edge computing mean that manufacturing is returning to a decentralized model. Rather than concentrate data processing in a single location, decentralized systems like edge computing take advantage of the compute and storage capacity extant at nodes throughout the network. This type of structure is “decentralized” because computing is done where there are available and sufficient resources. With decentralized systems, proximity is a leading determinant of where processing occurs.
Market Analysis and Insights: Global Edge Computing in Manufacturing Market
The global Edge Computing in Manufacturing market size is projected to reach US$ 12460 million by 2028, from US$ 1531.4 million in 2021, at a CAGR of 34.5% during 2022-2028.
North America is the largest consumption area, making up 42.50% in 2019. Europe ranks the second, total Edge Computing in Manufacturing accounted for 29.55%. Asia Pacific is projected to share significant growth in the edge computing in manufacturing market owing to increasing demand for edge computing in automotive and chemical industry and rapidly growing manufacturing industry market in emerging developing economies like India and China. Of the major players of edge computing in manufacturing, IBM maintained its first place in the ranking in 2019. IBM accounted for 14.98% of global edge computing in manufacturing revenue market share in 2019. Other players accounted for 13.50% and 12.84% including Amazon Web Services, Microsoft.

On the basis of product

type, the software & services segment is projected to account for the largest market share during the forecast period; this segment was estimated to account for 65.53% market share in 2019. In the applications, the Electronics segment was estimated to account for the highest market share of 22.93% in 2019. Flowed by Automobile & Transportation, which accounted for 19.83%.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Edge Computing in Manufacturing market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Edge Computing in Manufacturing market in terms of revenue.
Overall, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Edge Computing in Manufacturing market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Edge Computing in Manufacturing market.
Global Edge Computing in Manufacturing Scope and Market Size
Edge Computing in Manufacturing market is segmented by players, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Edge Computing in Manufacturing market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Hardware
Software & Services
Segment by Application
Chemicals
Electronics
Automobile & Transportation
Machinery & Equipment
Household Goods
Others
By Company
IBM
Amazon Web Services
Microsoft
Cisco
Dell Technologies
HPE
Huawei
GE
Nokia
ADLINK
Litmus Automation
FogHorn Systems
Vapor IO
MachineShop (EdgeIQ)
Saguna Networks
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

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