Edge Data Centers Market- Global Opportunity Analysis and Industry Forecast (2022-2029)
Meticulous Research ® —a leading global market research company, published a report titled, ‘ Edge Data Centers Market , by Component, Organization Size, Application (Smart Cities, Factory Automation, Connected Healthcare, Others), and End User (Healthcare, Energy & Utilities, Automotive, Telecommunication) and Geography—Global Forecasts to 2029.’ According to the latest publication from Meticulous Research ® , the edge data centers market is projected to reach $38.4 billion by 2029, at a CAGR of 17.8% during the forecast period 2022–2029. The growth of this market is attributed to the rising need for edge data centers in industrial IoT, growing demand for low-latency processing and real-time automated decision-making solutions, and the proliferation of online video streaming. The emergence of autonomous vehicles, commercialization of 5G, rising investments by enterprises, telecommunications in edge data centers to speed up various applications, including streaming ...