In its latest report on Edge Data Center Market provides a concise analysis of the recent market trends. The report further includes statistics, market forecasts and revenue estimations, which in addition highlights its status in the competitive domain as well as expansion trends adopted by major industry players.
Edge Data Center Market is valued at USD 3.54 Billion in 2018 and expected to reach USD 9.76 Billion by 2025 with CAGR of 15.6% over the forecast period.
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Market Analysis of Edge Data Center-
With edge computing, IT infrastructure is moved into specialized facilities known as edge data centres that are located either on-premise, or at locations near to end-users. An edge data center can be defined as a data center housing edge computing equipment. It is designed to complement existing public cloud or colocation deployments, edge data centres offer advantages that neither possess. The physical nature of internet infrastructure is changing as now people watch more and more of their video online versus cable TV or satellite services, and as businesses consume more and more cloud services versus buying hardware boxes and software licenses. With the growing push toward data sovereignty and regulations designed to safeguard data privacy around the globe, companies are finding the ability to keep data close at hand enormously useful and edge data centres are positioned to meet these requirements by virtue of their physical proximity, while still fulfilling their organisation’s IT requirements. Thus, changing economy and way of life increases the adoption of wearable tech, remote education, driver-less vehicles, virtual assistants and so on. The equipment that communicates with these devices needs to live closer to users to be most effective. Thus the streaming of content and generation of data within the Internet of things is driving the need for edge computing, and led to accelerate the demand for edge data centers.
Global edge data center market report is segmented on the basis of component, type, application and region & country level. Based upon component, global edge data center market is classified into IT infrastructure, networking, server, storage, support infrastructure, cooling, security, power and others. Based upon type, global edge data center market is divided into small and medium enterprises and large enterprises. Based on application, the edge data center market is classified into BFSI, IT and telecom, energy, healthcare, manufacturing, media and entertainment, transportation and logistics, hospitality and others.
The regions covered in this Edge Data Center Market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, the market of Edge Data Center is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, Middle East Asia (UAE, Saudi Arabia, Egypt) GCC, Africa, etc.
Some major key players for Global Edge Data Center Market are Hewlett-Packard Enterprise Company, Eaton Corporation, Huawei Technologies Co., Ltd., IBM Corporation, Hitachi Vantara, Rittal GmbH & Co. KG, Vertiv, Co., Flexential Corporation, Schneider Electric SA, 365 Operating Company LLC, vXchnge Holdings, LLC, EdgeConneX, Inc., Vapor IO, Inc., Panduit Corporation, Fujitsu Ltd. and others.
Increasing Geriatric Population Coupled with the Increasing Prevalence of Organ Failure, Such as Heart or Liver Failure Drives the Growth of Global Edge Data Center Market
In recent years, it is observed that people watch more and more of their video online versus cable TV or satellite services, and as businesses consume more and more cloud services versus buying hardware boxes and software licenses which leads to a tremendous increased in the use of data. And with the growing push towards the data sovereignty and regulations designed to safeguard data privacy around the globe, companies are finding the ability to keep data close at hand enormously useful. Thus, edge data centres are ideal alternate in this situation. Thus, there has been a significant increase in the adoption of edge data centers. For example; EdgeConneX went from zero data centers two years ago to two dozen today and growing, and also the vXchnge bought eight Sungard data centers in tier-two markets in one go earlier which shows the increased demand for edge data centers in the recent years. Furthermore, increasing application of edge data centers in various industries is also supplementing the growth in the market. Increasing research and developments in this field can provide various opportunities for the further growth of the market.
North America is Expected to Dominate the Global Edge Data Center Market
The global edge data center Market is segmented into North America, Europe, Asia-Pacific Latin America and Middle East & Africa. North America is expected to dominate the global edge data center market within the forecast period attributed to the highly developed infrastructure and increase in the adoption of advanced computing technologies in this region. Increasing investment by the leading players of the market in this region is also supplementing the market growth. For example; On January 17th, 2019; Oracle announced the opening of a Toronto data center to support in region customer demand for Oracle’s public cloud, Oracle Cloud Infrastructure. Oracle’s next-generation cloud infrastructure offers the most flexibility in the public cloud, allowing companies to run traditional and cloud-native workloads on the same platform. On September 23rd, 2019; Mubadala Investment Company, the Abu Dhabi-based global investment firm, today announced that it has signed an agreement to invest up to USD$500 million in Cologix, the network-neutral interconnection and hyperscale edge data center company, subject to various regulatory approvals. The transaction will provide significant investment for Cologix for growth in both the United States of America’s and Canada’s data center markets.
Asia Pacific region is expected to witness a significant growth in the global edge data center market owing to the increasing need for the effective data storage in the various industrial sectors such as BFSI, IT, telecom, manufacturing and others due to the economic growth in this region. In addition, rapid development of 5G, the internet of things, artificial intelligence, virtual reality and the commercial application of these new cutting-edge technologies, the demand for data processing and information interaction is increasing are also accelerating the market growth in this region.
Key Benefits for Market Report–
- Global Edge Data Center Market report covers in-depth historical and forecast analysis.
- Global Edge Data Center Market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market Opportunities, Competitive Analysis, Regional and Country Level.
- Global Edge Data Center Market report helps to identify opportunities in marketplace.
- Global Edge Data Center Market report covers extensive analysis of emerging trends and competitive landscape.
- IT Infrastructure
- Support Infrastructure
- Small and Medium Enterprises
- Large Enterprises
- IT and Telecom
- Media and Entertainment
- Transportation and Logistics
By Regional & Country Level:
- North America
- Asia Pacific
- Southeast Asia
- Latin America
- Middle East and Africa
- Rest of Middle East and Africa
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