Global Edge Data Center Market Market 2024-2028

Global Edge Data Center Market 2024-2028
The edge data center market is forecasted to grow by USD 22,108.25 mn during 2023-2028, accelerating at a CAGR of 23.57% during the forecast period. The report on the edge data center market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising demand for video streaming services, rise in adoption of multi-cloud and network upgrades to support 5G, and increasing mobile data traffic.

Technavio's edge data center market is segmented as below:

By End-userIT and telecommunicationManufacturing and automotiveBFSIHealthcare and life sciencesOthersBy ComponentIT infrastructureGeneral constructionPower management systemsCooling systemsOthersBy Geographical LandscapeNorth AmericaAPACEuropeSouth AmericaMiddle East and AfricaThis study identifies the implementation of AI in data centers as one of the prime reasons driving the edge data center market growth during the next few years. Also, increased adoption of HPC across enterprises and consolidation of edge data centers will lead to sizable demand in the market.

The report on the edge data center market covers the following areas:Edge data center market sizingEdge data center market forecastEdge data center market industry analysisThe robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading edge data center market vendors that include 365 Data Centers, Compass Datacenters LLC, DC BLOX Inc., Dell Technologies Inc., Digital Realty Trust Inc., Eaton Corp. Plc, EdgeConneX Inc., Equinix Inc., Flexential Corp., Friedhelm Loh Stiftung and Co. KG, Fujitsu Ltd., Hewlett Packard Enterprise Co., Hitachi Ltd., Huawei Technologies Co. Ltd., International Business Machines Corp., Johnson Controls International Plc, Panduit Corp., Schneider Electric SE, Vapor IO Inc., and Vertiv Holdings Co.. Also, the edge data center market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.