Dublin, Sept. 23, 2024 (GLOBE NEWSWIRE) -- The "Edge Data Centers - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Edge Data Centers is estimated at US$13.0 Billion in 2023 and is projected to reach US$39.8 Billion by 2030, growing at a CAGR of 17.3% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the edge data centers market is driven by several factors, including the proliferation of IoT devices, the expansion of 5G technology, and the increasing demand for real-time data processing. As IoT adoption continues to rise, the volume of data generated by connected devices necessitates efficient local processing to ensure quick and effective decision-making.
The rollout of 5G networks, with their promise of ultra-low latency and high-speed connectivity, further propels the need for edge data centers to support new and existing applications. Moreover, the growing emphasis on data sovereignty and privacy regulations requires data to be processed and stored closer to its source, fueling the deployment of localized data centers.
The rise of smart cities and the need for instantaneous data processing in various industries, such as healthcare, automotive, and entertainment, also contribute significantly to market growth. As these trends evolve, edge data centers will become increasingly integral to the infrastructure supporting the next generation of digital applications and services.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Edge Data Center Solutions segment, which is expected to reach US$26.3 Billion by 2030 with a CAGR of a 16.1%. The Edge Data Center Services segment is also set to grow at 20.1% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $5.1 Billion in 2023, and China, forecasted to grow at an impressive 18.0% CAGR to reach $3.1 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Cisco Systems, Inc., ABB Ltd., Amazon Web Services, Inc., and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Key Questions Answered:
- How is the Global Edge Data Centers Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 429 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value (USD) in 2023 | $13 Billion |
| Forecasted Market Value (USD) by 2030 | $39.8 Billion |
| Compound Annual Growth Rate | 17.3% |
| Regions Covered | Global |
Key Topics Covered:
MARKET OVERVIEW
- Edge Data Centers - Global Key Competitors Percentage Market Share in 2024 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
- Datacenters Are the Backbone of Modern Digital Economy
- The Sharp Rise of Edge Computing Fueled by Pandemic Induced Digitalization Throws the Spotlight on Datacenters
- The Pandemic Creates a Scenario Where Digitalization Equals Survival: Global Digital Transformation Spending (In US$ Billion) for Years 2017 Through 2023
- Global Economic Outlook
- Edge Datacenters: What Are They? Why They Are Important & What Benefits Do They Offer?
- Recent Market Activity
MARKET TRENDS & DRIVERS
- Robust Outlook for Edge Computing Provides the Cornerstone for the Growth of Edge Datacenters
- Data, Intelligence & Compute is Rapidly Moving Towards the Edge of the Network: Global Opportunity for Edge Computing (In US$ Million) for Years 2021, 2023, 2025 and 2027
- Edge Datacenters are Increasingly Being Built on the Concept of Modularity. Here's Why
- The Concept of Modularity to Help Move Micro-Datacenters to the Edge at Faster Time-to-Market Velocity: Global Market for Modular Datacenters (In US$ Million) for Years 2021, 2023, 2025 and 2027
- Edge Datacenters Pave the Way for Smart Factory and Industry 4.0 Applications
- Robust Spending on IIoT to Benefit Edge Computing & Edge Datacenters: Global Investments in Industrial IoT (IIoT) Platforms (In US$ Million) for the Years 2020, 2022 and 2025
- Adoption of Edge Computing in Smart Cities to Drive Demand for Edge Datacenters
- Focus on Reshaping City Resilience to Future Pandemics & Crisis Will Spur Rejuvenated Spending on Smart City Projects in the Post COVID-19 Period, Providing a Goldmine of Opportunities for Edge Computing & Edge Datacenters: Global Smart City Spending (In US$ Billion) for the Years 2021, 2024 & 2027
- Rise of Digital Health Throws Focus on Edge Computing & Edge Datacenters
- Accelerating Pace of Connected Care Adoption Drives Opportunities for Edge Computing
- As Edge Computing Becomes an Indispensable Part of Connected Healthcare, Edge Datacenters to Acquire Immense Significance: Global Connected Healthcare Opportunity (In US$ Billion) for Years 2021, 2023, 2025 and 2027
- As Retail Gets Pushed Towards Edge Computing, Pressured by Digitalization Goals, Edge Datacenters Become a Critical Fixture
- As Smart Retail Evolves, Edge Datacenters Become Vital in Realizing the Promised Benefits of Edge Computing: Global Market for Smart Retail (In US$ Billion) for Years 2021, 2023, and 2025
- Real Time Processing Needs of Augmented Reality/Virtual Reality Spurs Demand for Edge Datacenters
- Growing Popularity of AR, VR & MR Drives Demand for Edge Computing & Generates Parallel Investments in Edge Datacenters
- Metaverse Pushes Up Interest in Edge Datacenters
- Metaverse Creates a Strong Business Case for Edge Datacenters
- Role of Edge Datacenters in AI-Powered Voice Assistance Grows Bigger
- Autonomous Vehicles to Step Up the Need for Edge Datacenters
FOCUS ON SELECT PLAYERS (Total 98 Featured)
- Cisco Systems, Inc.
- ABB Ltd.
- Amazon Web Services, Inc.
- Avnet, Inc.
- Black & Veatch Holding Company
- Anixter Inc.
- CyrusOne LLC
- AMPD Technologies
- American Tower Corporation
- Cologix
- Compass Datacenters
- 1623 Farnam
- 365 Data Centers
- DartPoints
- DC BLOX Inc.
For more information about this report visit https://www.researchandmarkets.com/r/8ww8yl
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