What is the Edge computing market Size?
According to ÂÌñÉç internal database and industry insights,
Global Edge computing market was anticipated to be valued at
USD 4.7 billion in 2024, and is forecast to reach USD 18 billion by 2031, expanding at a CAGR of 21.1%.
This surge in market size is being driven by increasing demand for ultra-low latency processing, proliferation of IoT devices, and the need for decentralized data computation closer to the source, across industries such as manufacturing, healthcare, transportation, and smart cities.
Growth Drivers of the Edge computing market
- Rising need for real-time data processing and reduced network congestion.
- Emergence of 5G and AI-enabled edge infrastructure.
- Increased deployment of industrial IoT (IIoT) across enterprises.
- Growing use of smart sensors and connected devices in logistics and utilities.
- Rising cybersecurity needs prompting local data processing.
- Demand for cost-effective cloud alternatives in remote locations.
Edge computing market Trends
Edge computing market is moving toward micro data centers, AI-enhanced edge solutions, and industry-specific edge frameworks. Enterprises are embracing hybrid edge-cloud strategies to balance performance, cost, and scalability. Use of edge-native analytics and federated learning is emerging, especially in autonomous systems, healthcare diagnostics, and retail surveillance. Vendor-neutral edge platforms and open-source ecosystems are gaining traction as enterprises seek flexibility.
Leading Companies in the Edge computing market
- Intel Corporation
- Qualcomm Technologies, Inc.
- Arm Holdings
- Microsoft Corporation
- Google LLC (Edge TPU)
- NVIDIA Corporation
- HPE (Hewlett Packard Enterprise)
Edge computing market size : FAQs
Edge computing market is expected to surpass USD 18 billion by 2031.
As devices and users demand real-time responses, edge computing helps minimize latency, enhances performance, and keeps sensitive data localized for added security.
Yes, challenges such as high deployment costs, lack of standardization, and integration complexities across legacy systems are slowing some rollouts.
North America remains a major innovator due to tech maturity, while Asia-Pacific is seeing accelerated adoption in manufacturing, telco, and smart infrastructure domains.
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